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Dynamic Materials (BOOM)
Dynamic Materials couldn't have a more apt ticker symbol: BOOM. Not only does it refer to a metal-fusion process in which the company uses more than 30,000 pounds of explosives a day; it sizes up its explosive growth. In the last three years, Dynamic has posted compounded annual earnings growth of 88%, to $10.4 million in 2005, on a 22% average gain in yearly sales. Driving most of that growth is the company's Explosive Metalworking Group. Using a process acquired from DuPont, the company bonds difficult-to-fuse types of metal, such as carbon steel and titanium, using explosive powders. The bonded metals are then used in equipment for oil refineries, chemical plants, and navy ships. Efforts to boost industrial capacity in the U.S., China, and Middle East helped swell results last year and will continue to do so in 2006, analysts say.
Company Info |
|
| 2005 Rank | NR |
| Market Value* ($ Millions) | 450.0 |
| Sales* ($ Millions) | 87.0 |
| Sales Growth (3-yr. avg. annual) |
21.6 % |
| Profits* ($ Millions) | 12.9 |
| Profit Growth (3-yr. avg. annual) | 87.7 % |
| Return on Inv. Capital (3-yr.) | 16.3 % |
| Share Price 12-Mo. Hi/Lo | 43/12 |
| Share Price As of 4/28/06 | 38 |
| Return on Equity | 32.7 % |
| P/E Ratio | 36 |
| No. of Employees | 181 |
| Industry | Industrial Machinery |
| CURRENT MARKET INFO | BOOM > |
| COMPANY WEB SITE > | |
| Location | Boulder, Colo. |
| Phone | 303 665-5700 |
*Trailing 12 months
Stock price data as of 4/28/06
DATA: Standard & Poor's Compustat
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Company Snapshot
Dynamic Materials provides explosion-welded clad metal plates and welding services. The company operates in two segments, Explosive Metalworking and AMK Welding. The Explosive Metalworking segment offers explosion-welded clad metal plates for use in the construction of corrosion-resistant pressure vessels and heat exchangers for upstream oil and gas, oil refinery, petrochemicals, hydrometallurgy, aluminum production, shipbuilding, power generation, industrial refrigeration, and similar industries. AMK Welding segment uses various processes and equipment, including electron beam, and gas tungsten arc welding processes to provide welding services principally to power turbine manufacturers, and commercial and military aircraft engine manufacturers. Dynamic Materials sells its products in the U.S., Canada, Mexico, Spain, the Netherlands, Belgium, France, Italy, Germany, Russia, Australia, Malaysia, China, South Korea, and other countries primarily through senior management, direct sales personnel, program managers, and independent sales representatives. The company, formerly known as Explosive Fabricators, was founded in 1965. It changed its name to Dynamic Materials in 1994. The company is headquartered in Boulder, Colo.
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