MATIV HOLDINGS INC (MATV) Stock Fundamental Analysis
NYSE:MATV - New York Stock Exchange, Inc. - US8085411069 - Common Stock - Currency: USD
Taking everything into account, MATV scores 4 out of 10 in our fundamental rating. MATV was compared to 85 industry peers in the Chemicals industry. MATV may be in some trouble as it scores bad on both profitability and health. MATV scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
MATV had positive earnings in the past year.
In the past year MATV had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: MATV reported negative net income in multiple years.
Each year in the past 5 years MATV had a positive operating cash flow.
1.2 Ratios
MATV's Return On Assets of -2.00% is on the low side compared to the rest of the industry. MATV is outperformed by 70.59% of its industry peers.
The Return On Equity of MATV (-5.70%) is worse than 67.06% of its industry peers.
Looking at the Return On Invested Capital, with a value of 1.61%, MATV is doing worse than 70.59% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for MATV is significantly below the industry average of 6.82%.
The last Return On Invested Capital (1.61%) for MATV is above the 3 year average (1.60%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2% | ||
| ROE | -5.7% | ||
| ROIC | 1.61% |
ROA(3y)-4.64%
ROA(5y)-1%
ROE(3y)-13%
ROE(5y)-2.64%
ROIC(3y)1.6%
ROIC(5y)3.28%
1.3 Margins
MATV's Operating Margin of 2.24% is on the low side compared to the rest of the industry. MATV is outperformed by 71.76% of its industry peers.
In the last couple of years the Operating Margin of MATV has declined.
MATV's Gross Margin of 18.38% is on the low side compared to the rest of the industry. MATV is outperformed by 67.06% of its industry peers.
In the last couple of years the Gross Margin of MATV has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.24% | ||
| PM (TTM) | N/A | ||
| GM | 18.38% |
OM growth 3Y-31.88%
OM growth 5Y-30.13%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-7.12%
GM growth 5Y-8.31%
2. Health
2.1 Basic Checks
MATV has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, MATV has more shares outstanding
The number of shares outstanding for MATV has been increased compared to 5 years ago.
Compared to 1 year ago, MATV has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.29, we must say that MATV is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.29, MATV is doing worse than 67.06% of the companies in the same industry.
MATV has a debt to FCF ratio of 28.24. This is a negative value and a sign of low solvency as MATV would need 28.24 years to pay back of all of its debts.
MATV's Debt to FCF ratio of 28.24 is on the low side compared to the rest of the industry. MATV is outperformed by 60.00% of its industry peers.
MATV has a Debt/Equity ratio of 1.28. This is a high value indicating a heavy dependency on external financing.
MATV's Debt to Equity ratio of 1.28 is on the low side compared to the rest of the industry. MATV is outperformed by 71.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | 28.24 | ||
| Altman-Z | 1.29 |
ROIC/WACC0.24
WACC6.84%
2.3 Liquidity
MATV has a Current Ratio of 2.40. This indicates that MATV is financially healthy and has no problem in meeting its short term obligations.
MATV has a better Current ratio (2.40) than 63.53% of its industry peers.
A Quick Ratio of 1.10 indicates that MATV should not have too much problems paying its short term obligations.
MATV has a Quick ratio of 1.10. This is comparable to the rest of the industry: MATV outperforms 44.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.4 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
MATV shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -48.33%.
Measured over the past years, MATV shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -29.46% on average per year.
MATV shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -26.76%.
MATV shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.14% yearly.
EPS 1Y (TTM)-48.33%
EPS 3Y-38.46%
EPS 5Y-29.46%
EPS Q2Q%-78.26%
Revenue 1Y (TTM)-26.76%
Revenue growth 3Y11.22%
Revenue growth 5Y14.14%
Sales Q2Q%1.39%
3.2 Future
The Earnings Per Share is expected to grow by 54.09% on average over the next years. This is a very strong growth
Based on estimates for the next years, MATV will show a small growth in Revenue. The Revenue will grow by 1.21% on average per year.
EPS Next Y71.64%
EPS Next 2Y54.09%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.8%
Revenue Next 2Y1.21%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 10.66, the valuation of MATV can be described as reasonable.
90.59% of the companies in the same industry are more expensive than MATV, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of MATV to the average of the S&P500 Index (29.71), we can say MATV is valued rather cheaply.
A Price/Forward Earnings ratio of 6.21 indicates a rather cheap valuation of MATV.
95.29% of the companies in the same industry are more expensive than MATV, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.34, MATV is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.66 | ||
| Fwd PE | 6.21 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MATV is valued a bit cheaper than 77.65% of the companies in the same industry.
89.41% of the companies in the same industry are more expensive than MATV, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.16 | ||
| EV/EBITDA | 7.29 |
4.3 Compensation for Growth
MATV's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
MATV's earnings are expected to grow with 54.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.15
PEG (5Y)N/A
EPS Next 2Y54.09%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.87%, MATV is a good candidate for dividend investing.
In the last 3 months the price of MATV has falen by -45.51%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
MATV's Dividend Yield is rather good when compared to the industry average which is at 3.39. MATV pays more dividend than 85.88% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.30, MATV pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.87% |
5.2 History
The dividend of MATV decreases each year by -25.76%.
MATV has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-25.76%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of MATV are negative and hence is the payout ratio. MATV will probably not be able to sustain this dividend level.
DP-44.17%
EPS Next 2Y54.09%
EPS Next 3YN/A
6.61
+0.47 (+7.65%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners97.26%
Inst Owner ChangeN/A
Ins Owners1.31%
Ins Owner Change1.17%
Market Cap359.19M
Analysts80
Price Target17.51 (164.9%)
Short Float %3.73%
Short Ratio3.34
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.87% |
Yearly Dividend0.4
Dividend Growth(5Y)-25.76%
DP-44.17%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)59.98%
Min EPS beat(2)-25.13%
Max EPS beat(2)145.1%
EPS beat(4)2
Avg EPS beat(4)18.74%
Min EPS beat(4)-89.94%
Max EPS beat(4)145.1%
EPS beat(8)5
Avg EPS beat(8)38.97%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-6.94%
Min Revenue beat(2)-7.08%
Max Revenue beat(2)-6.8%
Revenue beat(4)0
Avg Revenue beat(4)-4.13%
Min Revenue beat(4)-7.08%
Max Revenue beat(4)-0.33%
Revenue beat(8)1
Avg Revenue beat(8)-3.76%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-4.63%
EPS NQ rev (1m)-121.74%
EPS NQ rev (3m)-121.74%
EPS NY rev (1m)0%
EPS NY rev (3m)1.79%
Revenue NQ rev (1m)-1.52%
Revenue NQ rev (3m)-1.52%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.66 | ||
| Fwd PE | 6.21 | ||
| P/S | 0.18 | ||
| P/FCF | 9.16 | ||
| P/OCF | 3.79 | ||
| P/B | 0.42 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.29 |
EPS(TTM)0.62
EY9.38%
EPS(NY)1.06
Fwd EY16.1%
FCF(TTM)0.72
FCFY10.91%
OCF(TTM)1.74
OCFY26.39%
SpS36.46
BVpS15.8
TBVpS-2.95
PEG (NY)0.15
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2% | ||
| ROE | -5.7% | ||
| ROCE | 2.04% | ||
| ROIC | 1.61% | ||
| ROICexc | 1.69% | ||
| ROICexgc | 3.31% | ||
| OM | 2.24% | ||
| PM (TTM) | N/A | ||
| GM | 18.38% | ||
| FCFM | 1.98% |
ROA(3y)-4.64%
ROA(5y)-1%
ROE(3y)-13%
ROE(5y)-2.64%
ROIC(3y)1.6%
ROIC(5y)3.28%
ROICexc(3y)1.67%
ROICexc(5y)3.41%
ROICexgc(3y)3.34%
ROICexgc(5y)7.27%
ROCE(3y)2.03%
ROCE(5y)4.15%
ROICexcg growth 3Y-27.26%
ROICexcg growth 5Y-28.59%
ROICexc growth 3Y-23.81%
ROICexc growth 5Y-28.43%
OM growth 3Y-31.88%
OM growth 5Y-30.13%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-7.12%
GM growth 5Y-8.31%
F-Score5
Asset Turnover0.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | 28.24 | ||
| Debt/EBITDA | 5.86 | ||
| Cap/Depr | 38.66% | ||
| Cap/Sales | 2.81% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 50.37% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.4 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | 1.29 |
F-Score5
WACC6.84%
ROIC/WACC0.24
Cap/Depr(3y)43.24%
Cap/Depr(5y)43.56%
Cap/Sales(3y)2.94%
Cap/Sales(5y)2.93%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-48.33%
EPS 3Y-38.46%
EPS 5Y-29.46%
EPS Q2Q%-78.26%
EPS Next Y71.64%
EPS Next 2Y54.09%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-26.76%
Revenue growth 3Y11.22%
Revenue growth 5Y14.14%
Sales Q2Q%1.39%
Revenue Next Year1.8%
Revenue Next 2Y1.21%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y85%
EBIT growth 3Y-24.24%
EBIT growth 5Y-20.26%
EBIT Next Year4640.88%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-2.49%
FCF growth 3Y26.86%
FCF growth 5Y-20.85%
OCF growth 1Y-11.07%
OCF growth 3Y17.73%
OCF growth 5Y-9.97%