Montauk Renewables, Inc.
MNTKActiveCIK 1826600 · Renewables, RNG & Sustainability Infrastructure
N/A
Market data as of N/A
Financials: LTM / latest available company filings
Sources: FMP, MNTK filings, SEC EDGAR
$189
Market cap ($MM)
$172
Enterprise value ($MM)
$180
Revenue · LTM ($MM)
$36
EBITDA · LTM ($MM)
20%
EBITDA margin
1.0x
EV / revenue
4.7x
EV / EBITDA
3.4x
Net debt / EBITDA
Coverage
Coverage view
The analytical read on the name and the balance-sheet capacity behind the program.
Key points
- 01MNTK is a scaled public consolidator in Renewables & RNG, a benchmark for how the sub-sector buys, pays, and trades.
- 02The relevant peer set is AMRC, NEE, CWEN, BEP, BEPC, ORA.
Balance sheet & capacity
Indicative capacity read: 3.4x net debt / EBITDA with EBITDA of $36.2MM.
$26
Cash & equiv. ($MM)
$150
Total debt ($MM)
$124
Net debt ($MM)
3.4x
Net debt / EBITDA
Valuation
Where it trades against its peer set
MNTK versus the scaled public Renewables, RNG & Sustainability Infrastructure comparables.
Indexed share-price performance
MNTK versus available Renewables, RNG & Sustainability Infrastructure peers and SPY.
-83%
MNTK
N/A
Peer med.
+79%
SPY
Indexed to 100 from May 28, 2021 through May 26, 2026. Source: FMP month-end close history.
| Company | Ticker | Revenue ($MM) | EBITDA ($MM) | Margin | Market cap ($MM) | EV ($MM) | EV / rev | EV / EBITDA | Net debt / EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| Montauk Renewables, Inc. | MNTK | $180 | $36 | 20% | $189 | $172 | 1.0x | 4.7x | 3.4x |
Financials via Financial Modeling Prep (SEC-derived TTM). EV/EBITDA distribution: each dot a live peer, band = interquartile range, line = median. Impossible values (EBITDA > revenue, negative-EBITDA multiples) shown NM.
M&A program
A sustained, programmatic tuck-in cadence
MNTK's disclosed acquisition footprint and the deals behind it.
Disclosed acquisitions
7
Active years
1
Named deals
N/A
Avg / active year
7.0
Acq. cash outflow ($MM)
N/A
Banker read
- 01MNTK reads as a programmatic acquirer: 7 disclosed acquisitions across 1 active years, or 7.0 per active year. The chart shows activity in 1 of the last 1 visible years.
- 02In the last three years, the file shows 1 acquisitions versus 0 in the prior three; recent activity is the visible baseline.
- 03Spend is not clean enough for the visual yet, so the banker read should lean on cadence, named deals, and management language.
Annual acquisition count
MNTK cadence shown by annual acquisition count because verified spend is N/A.
Program diagnostics
Recent / prior
1 / 0
Last three years sets the visible baseline vs prior three.
Peak count year
FY21
1 disclosed acquisitions in the peak visible year.
Spend check
N/A
Disclosed spend is not clean enough for the chart.
Named evidence
0 rows
0.0% selected source-cited transaction coverage.
Selected transactions
| Date | Target | Segment | Consideration ($MM) | Strategic rationale | Source |
|---|---|---|---|---|---|
| No named transactions clear the quality bar in this snapshot. | |||||
Acquisitions disclosed/extracted from SEC filings; not necessarily full M&A history. Disclosed acquisition cash outflow is cumulative "payments for acquisitions, net of cash acquired" from the 10-K cash-flow statements (a cash outflow, not deal value). Built on 1 SEC-backed facts across 0 cited filings.
Evidence
Source archive
A collapsed investigation trail for the SEC filings behind the financials, annual M&A cadence, named transactions, and management language.
Annual 10-Ks
6
Named deal filings
0
Recent SEC filings
0
Evidence clips
0
Annual 10-K M&A evidenceAccepted annual filings used for disclosed acquisition count and spend.6 rows+-
| Fiscal year | Filing date | Form | Status | Count | Cash spend | Purchase consideration | Source |
|---|---|---|---|---|---|---|---|
| FY2025 | Mar 11, 2026 | Annual M&A 10-K | accepted | N/A | N/A | N/A | SEC filing |
| FY2024 | Mar 14, 2025 | Annual M&A 10-K | accepted | N/A | N/A | N/A | SEC filing |
| FY2023 | Mar 14, 2024 | Annual M&A 10-K | accepted | N/A | N/A | N/A | SEC filing |
| FY2022 | Mar 16, 2023 | Annual M&A 10-K | accepted | N/A | N/A | N/A | SEC filing |
| FY2021 | Mar 16, 2022 | Annual M&A 10-K | warning (1 warn) | 1 | $9.7MM | N/A | SEC filing |
| FY2020 | Mar 31, 2021 | Annual M&A 10-K | accepted | N/A | N/A | N/A | SEC filing |
Named transaction source filingsFilings behind selected named-deal rows and transaction excerpts.0 rows+-
Recent SEC filingsThe latest profile filings, kept separate so someone can investigate beyond M&A.0 rows+-
Evidence clipsShort excerpts used on the page; expand only when you want the language.0 rows+-
Annual M&A counts and disclosed spend are extracted from SEC acquisition disclosures and cash-flow statements; named-deal rows carry direct filing links where the filing identifies the target or consideration.