MATSON INC (MATX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MATX - US57686G1058 - Common Stock
125.03 USD
+0.47 (+0.38%)
125.03 USD
0 (0%)
Taking everything into account, MATX scores 6 out of 10 in our fundamental rating. MATX was compared to 35 industry peers in the Marine Transportation industry. MATX scores excellent points on both the profitability and health parts. This is a solid base for a good stock. MATX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
MATX had positive earnings in the past year.
MATX had a positive operating cash flow in the past year.
In the past 5 years MATX has always been profitable.
In the past 5 years MATX always reported a positive cash flow from operatings.
1.2 Ratios
MATX's Return On Assets of 9.34% is amongst the best of the industry. MATX outperforms 85.71% of its industry peers.
MATX has a better Return On Equity (15.98%) than 82.86% of its industry peers.
MATX has a Return On Invested Capital of 9.60%. This is amongst the best in the industry. MATX outperforms 82.86% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MATX is significantly above the industry average of 6.93%.
The 3 year average ROIC (15.04%) for MATX is well above the current ROIC(9.60%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.34% | ||
| ROE | 15.98% | ||
| ROIC | 9.6% |
ROA(3y)13.95%
ROA(5y)14.72%
ROE(3y)25.55%
ROE(5y)30.47%
ROIC(3y)15.04%
ROIC(5y)16.56%
1.3 Margins
MATX's Profit Margin of 12.70% is fine compared to the rest of the industry. MATX outperforms 68.57% of its industry peers.
In the last couple of years the Profit Margin of MATX has grown nicely.
MATX has a Operating Margin of 14.48%. This is comparable to the rest of the industry: MATX outperforms 54.29% of its industry peers.
MATX's Operating Margin has improved in the last couple of years.
MATX's Gross Margin of 23.29% is on the low side compared to the rest of the industry. MATX is outperformed by 74.29% of its industry peers.
In the last couple of years the Gross Margin of MATX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.48% | ||
| PM (TTM) | 12.7% | ||
| GM | 23.29% |
OM growth 3Y-17.57%
OM growth 5Y26.84%
PM growth 3Y-16.16%
PM growth 5Y29.97%
GM growth 3Y-10.46%
GM growth 5Y11.13%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), MATX is creating value.
The number of shares outstanding for MATX has been reduced compared to 1 year ago.
The number of shares outstanding for MATX has been reduced compared to 5 years ago.
The debt/assets ratio for MATX has been reduced compared to a year ago.
2.2 Solvency
MATX has an Altman-Z score of 3.01. This indicates that MATX is financially healthy and has little risk of bankruptcy at the moment.
MATX has a Altman-Z score of 3.01. This is amongst the best in the industry. MATX outperforms 82.86% of its industry peers.
MATX has a debt to FCF ratio of 2.25. This is a good value and a sign of high solvency as MATX would need 2.25 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 2.25, MATX belongs to the best of the industry, outperforming 82.86% of the companies in the same industry.
A Debt/Equity ratio of 0.12 indicates that MATX is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.12, MATX is doing good in the industry, outperforming 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 2.25 | ||
| Altman-Z | 3.01 |
ROIC/WACC1.19
WACC8.05%
2.3 Liquidity
MATX has a Current Ratio of 0.83. This is a bad value and indicates that MATX is not financially healthy enough and could expect problems in meeting its short term obligations.
MATX has a Current ratio of 0.83. This is amonst the worse of the industry: MATX underperforms 85.71% of its industry peers.
A Quick Ratio of 0.83 indicates that MATX may have some problems paying its short term obligations.
With a Quick ratio value of 0.83, MATX is not doing good in the industry: 82.86% of the companies in the same industry are doing better.
The current and quick ratio evaluation for MATX is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.83 |
3. Growth
3.1 Past
MATX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.32%, which is quite good.
The Earnings Per Share has been growing by 48.87% on average over the past years. This is a very strong growth
Looking at the last year, MATX shows a small growth in Revenue. The Revenue has grown by 1.88% in the last year.
MATX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.21% yearly.
EPS 1Y (TTM)9.32%
EPS 3Y-13.4%
EPS 5Y48.87%
EPS Q2Q%-28.01%
Revenue 1Y (TTM)1.88%
Revenue growth 3Y-4.47%
Revenue growth 5Y9.21%
Sales Q2Q%-8.51%
3.2 Future
Based on estimates for the next years, MATX will show a decrease in Earnings Per Share. The EPS will decrease by -8.11% on average per year.
Based on estimates for the next years, MATX will show a small growth in Revenue. The Revenue will grow by 0.28% on average per year.
EPS Next Y-12.12%
EPS Next 2Y-12.3%
EPS Next 3Y-8.11%
EPS Next 5YN/A
Revenue Next Year-3.74%
Revenue Next 2Y-2.09%
Revenue Next 3Y0.28%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 9.52, which indicates a very decent valuation of MATX.
Based on the Price/Earnings ratio, MATX is valued a bit cheaper than the industry average as 68.57% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.92. MATX is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 11.58, which indicates a very decent valuation of MATX.
MATX's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.46, MATX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.52 | ||
| Fwd PE | 11.58 |
4.2 Price Multiples
MATX's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MATX is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.24 | ||
| EV/EBITDA | 7.57 |
4.3 Compensation for Growth
MATX has an outstanding profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as MATX's earnings are expected to decrease with -8.11% in the coming years.
PEG (NY)N/A
PEG (5Y)0.19
EPS Next 2Y-12.3%
EPS Next 3Y-8.11%
5. Dividend
5.1 Amount
MATX has a Yearly Dividend Yield of 1.16%. Purely for dividend investing, there may be better candidates out there.
MATX's Dividend Yield is comparable with the industry average which is at 5.65.
Compared to an average S&P500 Dividend Yield of 2.00, MATX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
5.2 History
On average, the dividend of MATX grows each year by 8.87%, which is quite nice.
MATX has been paying a dividend for at least 10 years, so it has a reliable track record.
MATX has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.87%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
10.47% of the earnings are spent on dividend by MATX. This is a low number and sustainable payout ratio.
DP10.47%
EPS Next 2Y-12.3%
EPS Next 3Y-8.11%
125.03
+0.47 (+0.38%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners91%
Inst Owner Change-0.75%
Ins Owners1.92%
Ins Owner Change0%
Market Cap3.90B
Revenue(TTM)3.38B
Net Income(TTM)429.70M
Analysts86
Price Target146.5 (17.17%)
Short Float %5.06%
Short Ratio4.41
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
Yearly Dividend1.33
Dividend Growth(5Y)8.87%
DP10.47%
Div Incr Years11
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)33.29%
Min EPS beat(2)27.77%
Max EPS beat(2)38.81%
EPS beat(4)4
Avg EPS beat(4)19.56%
Min EPS beat(4)0.23%
Max EPS beat(4)38.81%
EPS beat(8)7
Avg EPS beat(8)15.23%
EPS beat(12)11
Avg EPS beat(12)14.32%
EPS beat(16)13
Avg EPS beat(16)15.8%
Revenue beat(2)2
Avg Revenue beat(2)4.51%
Min Revenue beat(2)3.04%
Max Revenue beat(2)5.99%
Revenue beat(4)3
Avg Revenue beat(4)2%
Min Revenue beat(4)-3.48%
Max Revenue beat(4)5.99%
Revenue beat(8)4
Avg Revenue beat(8)0.87%
Revenue beat(12)5
Avg Revenue beat(12)0.35%
Revenue beat(16)7
Avg Revenue beat(16)2.53%
PT rev (1m)0%
PT rev (3m)11.55%
EPS NQ rev (1m)0%
EPS NQ rev (3m)10.69%
EPS NY rev (1m)13.82%
EPS NY rev (3m)11.66%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.93%
Revenue NY rev (1m)0.18%
Revenue NY rev (3m)-0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.52 | ||
| Fwd PE | 11.58 | ||
| P/S | 1.15 | ||
| P/FCF | 24.24 | ||
| P/OCF | 7.15 | ||
| P/B | 1.45 | ||
| P/tB | 1.76 | ||
| EV/EBITDA | 7.57 |
EPS(TTM)13.14
EY10.51%
EPS(NY)10.8
Fwd EY8.64%
FCF(TTM)5.16
FCFY4.12%
OCF(TTM)17.48
OCFY13.98%
SpS108.5
BVpS86.25
TBVpS70.94
PEG (NY)N/A
PEG (5Y)0.19
Graham Number159.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.34% | ||
| ROE | 15.98% | ||
| ROCE | 12.06% | ||
| ROIC | 9.6% | ||
| ROICexc | 9.82% | ||
| ROICexgc | 11.16% | ||
| OM | 14.48% | ||
| PM (TTM) | 12.7% | ||
| GM | 23.29% | ||
| FCFM | 4.75% |
ROA(3y)13.95%
ROA(5y)14.72%
ROE(3y)25.55%
ROE(5y)30.47%
ROIC(3y)15.04%
ROIC(5y)16.56%
ROICexc(3y)16.03%
ROICexc(5y)17.75%
ROICexgc(3y)18.63%
ROICexgc(5y)21.22%
ROCE(3y)18.9%
ROCE(5y)20.81%
ROICexgc growth 3Y-30.16%
ROICexgc growth 5Y23.61%
ROICexc growth 3Y-28.69%
ROICexc growth 5Y26.44%
OM growth 3Y-17.57%
OM growth 5Y26.84%
PM growth 3Y-16.16%
PM growth 5Y29.97%
GM growth 3Y-10.46%
GM growth 5Y11.13%
F-Score7
Asset Turnover0.74
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 2.25 | ||
| Debt/EBITDA | 0.58 | ||
| Cap/Depr | 638.04% | ||
| Cap/Sales | 11.35% | ||
| Interest Coverage | 97.98 | ||
| Cash Conversion | 99.05% | ||
| Profit Quality | 37.42% | ||
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.83 | ||
| Altman-Z | 3.01 |
F-Score7
WACC8.05%
ROIC/WACC1.19
Cap/Depr(3y)174.66%
Cap/Depr(5y)186.14%
Cap/Sales(3y)7.32%
Cap/Sales(5y)7.66%
Profit Quality(3y)94.67%
Profit Quality(5y)95.61%
High Growth Momentum
Growth
EPS 1Y (TTM)9.32%
EPS 3Y-13.4%
EPS 5Y48.87%
EPS Q2Q%-28.01%
EPS Next Y-12.12%
EPS Next 2Y-12.3%
EPS Next 3Y-8.11%
EPS Next 5YN/A
Revenue 1Y (TTM)1.88%
Revenue growth 3Y-4.47%
Revenue growth 5Y9.21%
Sales Q2Q%-8.51%
Revenue Next Year-3.74%
Revenue Next 2Y-2.09%
Revenue Next 3Y0.28%
Revenue Next 5YN/A
EBIT growth 1Y5.02%
EBIT growth 3Y-21.26%
EBIT growth 5Y38.52%
EBIT Next Year24.68%
EBIT Next 3Y5.71%
EBIT Next 5YN/A
FCF growth 1Y-46%
FCF growth 3Y-11.43%
FCF growth 5YN/A
OCF growth 1Y-4.15%
OCF growth 3Y-7.94%
OCF growth 5Y25.28%
MATSON INC / MATX FAQ
What is the ChartMill fundamental rating of MATSON INC (MATX) stock?
ChartMill assigns a fundamental rating of 6 / 10 to MATX.
What is the valuation status of MATSON INC (MATX) stock?
ChartMill assigns a valuation rating of 5 / 10 to MATSON INC (MATX). This can be considered as Fairly Valued.
How profitable is MATSON INC (MATX) stock?
MATSON INC (MATX) has a profitability rating of 8 / 10.
What are the PE and PB ratios of MATSON INC (MATX) stock?
The Price/Earnings (PE) ratio for MATSON INC (MATX) is 9.52 and the Price/Book (PB) ratio is 1.45.
What is the earnings growth outlook for MATSON INC?
The Earnings per Share (EPS) of MATSON INC (MATX) is expected to decline by -12.12% in the next year.