MATSON INC (MATX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MATX - US57686G1058 - Common Stock
116.39 USD
+2.59 (+2.28%)
115.77 USD
-0.62 (-0.53%)
We assign a fundamental rating of 5 out of 10 to MATX. 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 has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year MATX was profitable.
In the past year MATX had a positive cash flow from operations.
MATX had positive earnings in each of the past 5 years.
In the past 5 years MATX always reported a positive cash flow from operatings.
1.2 Ratios
MATX has a better Return On Assets (9.34%) than 82.86% of its industry peers.
MATX has a Return On Equity of 15.98%. This is amongst the best in the industry. MATX outperforms 82.86% of its industry peers.
MATX's Return On Invested Capital of 9.60% is fine compared to the rest of the industry. MATX outperforms 80.00% of its industry peers.
MATX had an Average Return On Invested Capital over the past 3 years of 15.04%. This is below the industry average of 18.08%.
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 Profit Margin of 12.70%. This is in the better half of the industry: MATX outperforms 65.71% of its industry peers.
MATX's Profit Margin has improved in the last couple of years.
MATX's Operating Margin of 14.48% is in line compared to the rest of the industry. MATX outperforms 45.71% of its industry peers.
In the last couple of years the Operating Margin of MATX has grown nicely.
With a Gross Margin value of 23.29%, MATX is not doing good in the industry: 77.14% of the companies in the same industry are doing better.
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
MATX has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it 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.
Compared to 1 year ago, MATX has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.93 indicates that MATX is not a great score, but indicates only limited risk for bankruptcy at the moment.
MATX has a better Altman-Z score (2.93) than 80.00% 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.
MATX has a Debt to FCF ratio of 2.25. This is in the better half of the industry: MATX outperforms 77.14% of its industry peers.
MATX has a Debt/Equity ratio of 0.12. This is a healthy value indicating a solid balance between debt and equity.
MATX has a better Debt to Equity ratio (0.12) than 74.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 2.25 | ||
| Altman-Z | 2.93 |
ROIC/WACC1.2
WACC8.01%
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.
Looking at the Current ratio, with a value of 0.83, MATX is doing worse than 85.71% of the companies in the same industry.
MATX has a Quick 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 Quick ratio of 0.83. This is amonst the worse of the industry: MATX underperforms 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%.
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.
The Revenue is expected to grow by 0.28% on average over the next years.
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
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.
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
The Price/Earnings ratio is 8.86, which indicates a very decent valuation of MATX.
MATX's Price/Earnings ratio is a bit cheaper when compared to the industry. MATX is cheaper than 65.71% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.46. MATX is valued rather cheaply when compared to this.
MATX is valuated reasonably with a Price/Forward Earnings ratio of 10.78.
MATX's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 36.10. MATX is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.86 | ||
| Fwd PE | 10.78 |
4.2 Price Multiples
MATX's Enterprise Value to EBITDA is on the same level as the industry average.
MATX's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.57 | ||
| EV/EBITDA | 7.09 |
4.3 Compensation for Growth
The decent profitability rating of MATX 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)0.18
EPS Next 2Y-12.3%
EPS Next 3Y-8.11%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.27%, MATX has a reasonable but not impressive dividend return.
MATX's Dividend Yield is comparable with the industry average which is at 7.48.
Compared to an average S&P500 Dividend Yield of 2.32, MATX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.27% |
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
MATX pays out 10.47% of its income as dividend. This is a sustainable payout ratio.
DP10.47%
EPS Next 2Y-12.3%
EPS Next 3Y-8.11%
116.39
+2.59 (+2.28%)
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 Change-0.03%
Market Cap3.63B
Revenue(TTM)3.38B
Net Income(TTM)429.70M
Analysts86
Price Target146.5 (25.87%)
Short Float %3.84%
Short Ratio3.44
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.27% |
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)4.45%
PT rev (3m)3.2%
EPS NQ rev (1m)0%
EPS NQ rev (3m)9.81%
EPS NY rev (1m)13.82%
EPS NY rev (3m)15.73%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.05%
Revenue NY rev (1m)0.18%
Revenue NY rev (3m)-0.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.86 | ||
| Fwd PE | 10.78 | ||
| P/S | 1.07 | ||
| P/FCF | 22.57 | ||
| P/OCF | 6.66 | ||
| P/B | 1.35 | ||
| P/tB | 1.64 | ||
| EV/EBITDA | 7.09 |
EPS(TTM)13.14
EY11.29%
EPS(NY)10.8
Fwd EY9.28%
FCF(TTM)5.16
FCFY4.43%
OCF(TTM)17.48
OCFY15.01%
SpS108.5
BVpS86.25
TBVpS70.94
PEG (NY)N/A
PEG (5Y)0.18
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 | 2.93 |
F-Score7
WACC8.01%
ROIC/WACC1.2
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 5 / 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 8.86 and the Price/Book (PB) ratio is 1.35.
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.