MATSON INC (MATX) Stock Fundamental Analysis
USA - NYSE:MATX - US57686G1058 - Common Stock
102.05 USD
-1.54 (-1.49%)
102.05 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. While MATX has a great profitability rating, there are some minor concerns on its financial health. MATX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year MATX was profitable.
MATX had a positive operating cash flow in the past year.
MATX had positive earnings in each of the past 5 years.
Each year in the past 5 years MATX had a positive operating cash flow.
1.2 Ratios
The Return On Assets of MATX (9.34%) is better than 80.00% of its industry peers.
MATX has a better Return On Equity (15.98%) than 82.86% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.60%, MATX is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
MATX had an Average Return On Invested Capital over the past 3 years of 15.04%. This is below the industry average of 18.49%.
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 has a better Profit Margin (12.70%) than 62.86% of its industry peers.
In the last couple of years the Profit Margin of MATX has grown nicely.
With a Operating Margin value of 14.48%, MATX perfoms like the industry average, outperforming 45.71% of the companies in the same industry.
In the last couple of years the Operating Margin of MATX has grown nicely.
MATX has a Gross Margin of 23.29%. This is in the lower half of the industry: MATX underperforms 77.14% of its industry peers.
MATX's Gross Margin has improved in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so MATX is creating value.
Compared to 1 year ago, MATX has less shares outstanding
The number of shares outstanding for MATX has been reduced compared to 5 years ago.
MATX has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.82 indicates that MATX is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of MATX (2.82) is better than 82.86% of its industry peers.
The Debt to FCF ratio of MATX is 2.25, which is a good value as it means it would take MATX, 2.25 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of MATX (2.25) is better than 82.86% of its industry peers.
A Debt/Equity ratio of 0.12 indicates that MATX is not too dependend on debt financing.
The Debt to Equity ratio of MATX (0.12) is better than 77.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 2.25 | ||
| Altman-Z | 2.82 |
ROIC/WACC1.21
WACC7.92%
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.
With a Current ratio value of 0.83, MATX is not doing good in the industry: 85.71% of the companies in the same industry are doing better.
A Quick Ratio of 0.83 indicates that MATX may have some problems paying its short term obligations.
MATX has a worse Quick ratio (0.83) than 82.86% of its industry peers.
| 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.
MATX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 48.87% yearly.
MATX shows a small growth in Revenue. In the last year, the Revenue has grown by 1.88%.
The Revenue has been growing by 9.21% on average over the past years. This is quite good.
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
MATX is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -8.01% yearly.
MATX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.12% yearly.
EPS Next Y-22.8%
EPS Next 2Y-15.52%
EPS Next 3Y-8.01%
EPS Next 5YN/A
Revenue Next Year-3.91%
Revenue Next 2Y-1.27%
Revenue Next 3Y1.12%
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 decreasing.
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
With a Price/Earnings ratio of 7.77, the valuation of MATX can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of MATX indicates a somewhat cheap valuation: MATX is cheaper than 65.71% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of MATX to the average of the S&P500 Index (25.07), we can say MATX is valued rather cheaply.
The Price/Forward Earnings ratio is 10.19, which indicates a very decent valuation of MATX.
MATX's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 34.08. MATX is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.77 | ||
| Fwd PE | 10.19 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MATX is on the same level as its industry peers.
The rest of the industry has a similar Price/Free Cash Flow ratio as MATX.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.18 | ||
| EV/EBITDA | 6.47 |
4.3 Compensation for Growth
MATX has a very decent profitability rating, which may justify a higher PE ratio.
MATX's earnings are expected to decrease with -8.01% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.16
EPS Next 2Y-15.52%
EPS Next 3Y-8.01%
5. Dividend
5.1 Amount
MATX has a Yearly Dividend Yield of 1.35%.
Compared to an average industry Dividend Yield of 7.67, MATX has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, MATX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.35% |
5.2 History
On average, the dividend of MATX grows each year by 8.87%, which is quite nice.
MATX has paid a dividend for at least 10 years, which is a reliable track record.
MATX has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)8.87%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
MATX pays out 10.47% of its income as dividend. This is a sustainable payout ratio.
DP10.47%
EPS Next 2Y-15.52%
EPS Next 3Y-8.01%
102.05
-1.54 (-1.49%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners89.62%
Inst Owner Change-0.7%
Ins Owners1.88%
Ins Owner Change0.22%
Market Cap3.24B
Revenue(TTM)3.38B
Net Income(TTM)429.70M
Analysts82
Price Target140.25 (37.43%)
Short Float %3.91%
Short Ratio3.41
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.35% |
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)6.8%
PT rev (3m)-1.2%
EPS NQ rev (1m)23.41%
EPS NQ rev (3m)15.67%
EPS NY rev (1m)-1.9%
EPS NY rev (3m)4.8%
Revenue NQ rev (1m)0.34%
Revenue NQ rev (3m)-3.7%
Revenue NY rev (1m)-0.45%
Revenue NY rev (3m)0.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.77 | ||
| Fwd PE | 10.19 | ||
| P/S | 0.96 | ||
| P/FCF | 20.18 | ||
| P/OCF | 5.95 | ||
| P/B | 1.21 | ||
| P/tB | 1.47 | ||
| EV/EBITDA | 6.47 |
EPS(TTM)13.14
EY12.88%
EPS(NY)10.02
Fwd EY9.82%
FCF(TTM)5.06
FCFY4.96%
OCF(TTM)17.14
OCFY16.8%
SpS106.41
BVpS84.6
TBVpS69.58
PEG (NY)N/A
PEG (5Y)0.16
Graham Number158.15
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 | 2.82 |
F-Score7
WACC7.92%
ROIC/WACC1.21
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-22.8%
EPS Next 2Y-15.52%
EPS Next 3Y-8.01%
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-3.91%
Revenue Next 2Y-1.27%
Revenue Next 3Y1.12%
Revenue Next 5YN/A
EBIT growth 1Y5.02%
EBIT growth 3Y-21.26%
EBIT growth 5Y38.52%
EBIT Next Year13.99%
EBIT Next 3Y8.4%
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 7 / 10.
What are the PE and PB ratios of MATSON INC (MATX) stock?
The Price/Earnings (PE) ratio for MATSON INC (MATX) is 7.77 and the Price/Book (PB) ratio is 1.21.
What is the earnings growth outlook for MATSON INC?
The Earnings per Share (EPS) of MATSON INC (MATX) is expected to decline by -22.8% in the next year.