SCIAOTCElectrical Industrial ApparatusUS GAAP · USD

SCI Engineered Materials, Inc.

SCI Engineered Materials, Inc. is an Ohio-based manufacturer and supplier of advanced materials used in physical vapor deposition (PVD) thin-film applications. The company serves photonics-related end markets such as aerospace, automotive, defense, glass, optical coatings, and solar, and operates as a single global business focused on customized materials solutions.

Liikevoitto (EBIT)1,8milj. USD
−10,5 %v/v
Nettotulos1,7milj. USD
−6,2 %v/v
Vapaa kassavirta2,3milj. USD
+22,7 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

051015milj. USD2020: 11 milj. USD2020: EBIT 0,52 milj. USD20202021: 13 milj. USD2021: EBIT 1,8 milj. USD20212022: EBIT 2,5 milj. USD20222023: EBIT 2,5 milj. USD20232024: EBIT 2,0 milj. USD20242025: EBIT 1,8 milj. USD20251,8
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
PVD thin-film materials55 %

Advanced materials used in physical vapor deposition coating processes.

Sputtering targets25 %

Metal and ceramic targets used to deposit thin films in coating systems.

Specialty optical and conductive materials10 %

Products such as Indium Tin Oxide for optical and conductive applications.

Defense and armor materials10 %

Boron carbide-based products used in defense and aerospace applications.

Asiakkaat

SCI sells primarily to multinational customers that use its materials in industrial and photonics-related manufacturing processes. Its end markets include aerospace, automotive, defense, glass, optical coatings, and solar, with sales also tied to end users and OEMs that require customized material formulations. The company notes that a small number of principal customers account for a very large share of revenue, making customer concentration a defining feature of the business.

Multinational industrial customers

Buy advanced PVD materials for global manufacturing operations and recurring production needs.

OEMs and end users

Purchase customized engineered materials developed for specific coating applications.

Defense and aerospace

Buy Boron Carbide Armor and related products for performance and domestic sourcing.

Optical coatings and glass

Use thin-film materials for optical performance, durability, and surface properties.

Automotive and solar

Buy coating materials for industrial applications where thin-film performance matters.

Strategia

SCI's strategy centers on developing new advanced materials, expanding into niche markets, and commercializing products through its technical committee and customer collaboration. The company also emphasizes domestic manufacturing for certain defense and aerospace products, while building broader sales capabilities beyond North America to support growth in international markets.

New product development and commercializationKeskipitkä aikaväli

Keeps the company relevant in rapidly changing thin-film materials markets.

Broaden market presence beyond North AmericaKeskipitkä aikaväli

Reduces dependence on a narrow customer base and expands addressable demand.

Defend and grow domestic defense/aerospace offeringsLyhyt aikaväli

Domestic sourcing can be a differentiator for sensitive end markets.

Maantiede

SCI describes itself as a global supplier, but substantially all revenue comes from customers with multinational operations rather than from a broad country-by-country sales mix. The company also states that it has limited marketing and sales capabilities outside North America, so its international reach depends heavily on customer relationships, trade shows, and third-party support. Manufacturing is managed as one operating location, which concentrates operational exposure in a single facility.

Riskit

SCI faces high customer concentration, technology obsolescence, and competition from larger materials companies with greater resources. Its business is also exposed to raw material inflation, tariffs, supply chain disruption, and geopolitical issues that can affect sourcing, customer demand, and delivery timing.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Customer concentration1Technology obsolescence2Competitive pressure3Single-site operational concentration4Input cost and supply chain volatility5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Customer concentrationVaikutus: KriittinenTodennäköisyys: Kohtalainen

    A small number of customers represent most sales, so order changes can sharply affect revenue.

    Kohdistuu: Top two customers accounted for about 84.5% of 2025 net sales

  2. Technology obsolescenceVaikutus: KorkeaTodennäköisyys: Kohtalainen

    PVD materials evolve quickly and products can be displaced by new materials or processes.

    Kohdistuu: Sputtering targets and thin-film applications

  3. Competitive pressureVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Larger competitors may have more capital, broader product lines, and faster innovation.

    Kohdistuu: PVD materials market

  4. Single-site operational concentrationVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A disaster or disruption at the manufacturing facility could interrupt production and shipments.

    Kohdistuu: One operating location

  5. Input cost and supply chain volatilityVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Raw materials, freight, labor, and tariffs can move quickly and are difficult to fully pass through.

    Kohdistuu: Global sourcing and manufacturing

Kirjanpito

Harkinnanvaraiset erät
Allowance for expected credit losses

SCI extends unsecured trade credit and must estimate collectability on concentrated receivables.

Vaikutus: Affects accounts receivable and bad debt expense

Inventory valuation and reserves

Inventories include raw materials, work-in-process, and finished goods measured at lower of cost or net realizable value.

Vaikutus: Affects gross profit and inventory carrying value

Revenue recognition

Customized materials and customer-specific applications can require judgment on timing and transfer of control.

Vaikutus: Affects reported revenue and period-to-period comparability

Long-lived asset impairment

Manufacturing equipment and construction in progress depend on future utilization and cash generation assumptions.

Vaikutus: Affects property, plant and equipment and operating results

Useful lives and depreciation

Machinery, leasehold improvements, and other assets are depreciated over estimated service lives.

Vaikutus: Affects operating expense and asset carrying values

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026

SCI Engineered Materials, Inc. (OTC) – Electrical Industrial Apparatus | Analyysi – Clarifo