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. Both the profitability and financial health of MATV have multiple concerns. MATV has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year MATV was profitable.
MATV had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: MATV reported negative net income in multiple years.
MATV had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of -21.74%, MATV is not doing good in the industry: 83.53% of the companies in the same industry are doing better.
MATV has a Return On Equity of -104.20%. This is amonst the worse of the industry: MATV underperforms 90.59% of its industry peers.
The Return On Invested Capital of MATV (1.41%) is worse than 71.76% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MATV is significantly below the industry average of 6.84%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -21.74% | ||
| ROE | -104.2% | ||
| ROIC | 1.41% |
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
Looking at the Operating Margin, with a value of 1.60%, MATV is doing worse than 75.29% of the companies in the same industry.
MATV's Operating Margin has declined in the last couple of years.
MATV's Gross Margin of 17.94% is on the low side compared to the rest of the industry. MATV is outperformed by 71.76% of its industry peers.
MATV's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.6% | ||
| PM (TTM) | N/A | ||
| GM | 17.94% |
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
MATV has an Altman-Z score of 1.21. This is a bad value and indicates that MATV is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.21, MATV is not doing good in the industry: 72.94% of the companies in the same industry are doing better.
MATV has a debt to FCF ratio of 33.07. This is a negative value and a sign of low solvency as MATV would need 33.07 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 33.07, MATV is in line with its industry, outperforming 43.53% of the companies in the same industry.
MATV has a Debt/Equity ratio of 2.65. This is a high value indicating a heavy dependency on external financing.
MATV has a worse Debt to Equity ratio (2.65) than 87.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.65 | ||
| Debt/FCF | 33.07 | ||
| Altman-Z | 1.21 |
ROIC/WACC0.16
WACC9.01%
2.3 Liquidity
MATV has a Current Ratio of 2.38. This indicates that MATV is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of MATV (2.38) is better than 63.53% of its industry peers.
A Quick Ratio of 1.18 indicates that MATV should not have too much problems paying its short term obligations.
The Quick ratio of MATV (1.18) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.38 | ||
| Quick Ratio | 1.18 |
3. Growth
3.1 Past
MATV shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -52.58%.
The earnings per share for MATV have been decreasing by -29.46% on average. This is quite bad
The Revenue for MATV has decreased by -22.19% in the past year. This is quite bad
The Revenue has been growing by 14.14% on average over the past years. This is quite good.
EPS 1Y (TTM)-52.58%
EPS 3Y-38.46%
EPS 5Y-29.46%
EPS Q2Q%-800%
Revenue 1Y (TTM)-22.19%
Revenue growth 3Y11.22%
Revenue growth 5Y14.14%
Sales Q2Q%-3.08%
3.2 Future
Based on estimates for the next years, MATV will show a very strong growth in Earnings Per Share. The EPS will grow by 24.04% on average per year.
MATV is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.28% yearly.
EPS Next Y1.18%
EPS Next 2Y23.36%
EPS Next 3Y24.04%
EPS Next 5YN/A
Revenue Next Year-0.63%
Revenue Next 2Y0.82%
Revenue Next 3Y0.69%
Revenue Next 5Y1.28%
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
With a Price/Earnings ratio of 16.48, MATV is valued correctly.
Based on the Price/Earnings ratio, MATV is valued a bit cheaper than 67.06% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.45, MATV is valued a bit cheaper.
MATV is valuated reasonably with a Price/Forward Earnings ratio of 8.03.
89.41% 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 21.89, MATV is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.48 | ||
| Fwd PE | 8.03 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MATV indicates a somewhat cheap valuation: MATV is cheaper than 68.24% of the companies listed in the same industry.
87.06% 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 | 12 | ||
| EV/EBITDA | 8.44 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MATV does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as MATV's earnings are expected to grow with 24.04% in the coming years.
PEG (NY)14
PEG (5Y)N/A
EPS Next 2Y23.36%
EPS Next 3Y24.04%
5. Dividend
5.1 Amount
MATV has a Yearly Dividend Yield of 5.28%, which is a nice return.
MATV's Dividend Yield is rather good when compared to the industry average which is at 3.57. MATV pays more dividend than 87.06% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, MATV pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.28% |
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
MATV has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-4.86%
EPS Next 2Y23.36%
EPS Next 3Y24.04%
7.58
+0.19 (+2.57%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners91.21%
Inst Owner ChangeN/A
Ins Owners0.87%
Ins Owner Change29.3%
Market Cap414.10M
Analysts85.71
Price Target13.26 (74.93%)
Short Float %1.96%
Short Ratio1.78
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.28% |
Yearly Dividend0.4
Dividend Growth(5Y)-25.76%
DP-4.86%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)60.16%
Min EPS beat(2)-24.78%
Max EPS beat(2)145.1%
EPS beat(4)2
Avg EPS beat(4)35.03%
Min EPS beat(4)-25.13%
Max EPS beat(4)145.1%
EPS beat(8)5
Avg EPS beat(8)36.59%
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)1
Avg Revenue beat(2)-3.01%
Min Revenue beat(2)-7.08%
Max Revenue beat(2)1.06%
Revenue beat(4)1
Avg Revenue beat(4)-3.79%
Min Revenue beat(4)-7.08%
Max Revenue beat(4)1.06%
Revenue beat(8)1
Avg Revenue beat(8)-4.14%
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)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-45.45%
EPS NY rev (1m)-1.6%
EPS NY rev (3m)-15.75%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.74%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.48 | ||
| Fwd PE | 8.03 | ||
| P/S | 0.21 | ||
| P/FCF | 12 | ||
| P/OCF | 4.51 | ||
| P/B | 0.97 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.44 |
EPS(TTM)0.46
EY6.07%
EPS(NY)0.94
Fwd EY12.45%
FCF(TTM)0.63
FCFY8.33%
OCF(TTM)1.68
OCFY22.19%
SpS35.98
BVpS7.84
TBVpS-3.15
PEG (NY)14
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -21.74% | ||
| ROE | -104.2% | ||
| ROCE | 1.78% | ||
| ROIC | 1.41% | ||
| ROICexc | 1.48% | ||
| ROICexgc | 2.3% | ||
| OM | 1.6% | ||
| PM (TTM) | N/A | ||
| GM | 17.94% | ||
| FCFM | 1.76% |
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 Turnover0.96
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.65 | ||
| Debt/FCF | 33.07 | ||
| Debt/EBITDA | 6.52 | ||
| Cap/Depr | 40.2% | ||
| Cap/Sales | 2.92% | ||
| Interest Coverage | 0.36 | ||
| Cash Conversion | 52.76% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.38 | ||
| Quick Ratio | 1.18 | ||
| Altman-Z | 1.21 |
F-Score5
WACC9.01%
ROIC/WACC0.16
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)-52.58%
EPS 3Y-38.46%
EPS 5Y-29.46%
EPS Q2Q%-800%
EPS Next Y1.18%
EPS Next 2Y23.36%
EPS Next 3Y24.04%
EPS Next 5YN/A
Revenue 1Y (TTM)-22.19%
Revenue growth 3Y11.22%
Revenue growth 5Y14.14%
Sales Q2Q%-3.08%
Revenue Next Year-0.63%
Revenue Next 2Y0.82%
Revenue Next 3Y0.69%
Revenue Next 5Y1.28%
EBIT growth 1Y116.55%
EBIT growth 3Y-24.24%
EBIT growth 5Y-20.26%
EBIT Next Year4232.08%
EBIT Next 3Y267.29%
EBIT Next 5YN/A
FCF growth 1Y-67.85%
FCF growth 3Y26.86%
FCF growth 5Y-20.85%
OCF growth 1Y-47.93%
OCF growth 3Y17.73%
OCF growth 5Y-9.97%