MATSON INC (MATX) Stock Fundamental Analysis
USA - NYSE:MATX - US57686G1058 - Common Stock
107.52 USD
+1.41 (+1.33%)
107.52 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to MATX. MATX was compared to 35 industry peers in the Marine Transportation industry. MATX has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. MATX is not valued too expensively and it also shows a decent growth rate. With these ratings, MATX could be worth investigating further for quality investing!.
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 (11.02%) is better than 82.86% of its industry peers.
MATX has a Return On Equity of 18.87%. This is amongst the best in the industry. MATX outperforms 85.71% of its industry peers.
Looking at the Return On Invested Capital, with a value of 11.60%, MATX belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for MATX is significantly above the industry average of 7.67%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.02% | ||
| ROE | 18.87% | ||
| ROIC | 11.6% |
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
With a decent Profit Margin value of 14.26%, MATX is doing good in the industry, outperforming 68.57% of the companies in the same industry.
MATX's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 16.56%, MATX perfoms like the industry average, outperforming 54.29% of the companies in the same industry.
MATX's Operating Margin has improved in the last couple of years.
MATX has a worse Gross Margin (25.30%) than 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 | 16.56% | ||
| PM (TTM) | 14.26% | ||
| GM | 25.3% |
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.
Compared to 1 year ago, MATX has less shares outstanding
MATX has less shares outstanding than it did 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 2.97. This is not the best score and indicates that MATX is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.97, MATX belongs to the top of the industry, outperforming 94.29% of the companies in the same industry.
MATX has a debt to FCF ratio of 1.44. This is a very positive value and a sign of high solvency as it would only need 1.44 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 1.44, MATX belongs to the best of the industry, outperforming 82.86% of the companies in the same industry.
A Debt/Equity ratio of 0.13 indicates that MATX is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.13, MATX is in the better half of the industry, outperforming 74.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1.44 | ||
| Altman-Z | 2.97 |
ROIC/WACC1.47
WACC7.89%
2.3 Liquidity
MATX has a Current Ratio of 0.78. 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 worse Current ratio (0.78) than 80.00% of its industry peers.
A Quick Ratio of 0.78 indicates that MATX may have some problems paying its short term obligations.
MATX has a Quick ratio of 0.78. This is in the lower half of the industry: MATX underperforms 77.14% of its industry peers.
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 | 0.78 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 55.19% over the past year.
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 quite strong growth in Revenue. The Revenue has grown by 8.75% in the last year.
Measured over the past years, MATX shows a quite strong growth in Revenue. The Revenue has been growing by 9.21% on average per year.
EPS 1Y (TTM)55.19%
EPS 3Y-13.4%
EPS 5Y48.87%
EPS Q2Q%-11.78%
Revenue 1Y (TTM)8.75%
Revenue growth 3Y-4.47%
Revenue growth 5Y9.21%
Sales Q2Q%-1.99%
3.2 Future
The Earnings Per Share is expected to decrease by -5.06% on average over the next years.
Based on estimates for the next years, MATX will show a small growth in Revenue. The Revenue will grow by 1.25% on average per year.
EPS Next Y-24.07%
EPS Next 2Y-14.28%
EPS Next 3Y-5.06%
EPS Next 5YN/A
Revenue Next Year-3.48%
Revenue Next 2Y-0.12%
Revenue Next 3Y1.25%
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
MATX is valuated cheaply with a Price/Earnings ratio of 7.27.
Compared to the rest of the industry, the Price/Earnings ratio of MATX indicates a somewhat cheap valuation: MATX is cheaper than 71.43% of the companies listed in the same industry.
MATX's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.20.
With a Price/Forward Earnings ratio of 10.42, the valuation of MATX can be described as very reasonable.
MATX's Price/Forward Earnings ratio is in line with the industry average.
MATX is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.70, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.27 | ||
| Fwd PE | 10.42 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MATX indicates a somewhat cheap valuation: MATX is cheaper than 68.57% of the companies listed in the same industry.
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 | 13.28 | ||
| EV/EBITDA | 3.95 |
4.3 Compensation for Growth
The excellent profitability rating of MATX may justify a higher PE ratio.
MATX's earnings are expected to decrease with -5.06% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.15
EPS Next 2Y-14.28%
EPS Next 3Y-5.06%
5. Dividend
5.1 Amount
MATX has a Yearly Dividend Yield of 1.36%. Purely for dividend investing, there may be better candidates out there.
MATX's Dividend Yield is comparable with the industry average which is at 6.76.
Compared to an average S&P500 Dividend Yield of 2.38, MATX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
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 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 9.11% of its income as dividend. This is a sustainable payout ratio.
DP9.11%
EPS Next 2Y-14.28%
EPS Next 3Y-5.06%
107.52
+1.41 (+1.33%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners89.84%
Inst Owner Change-2.27%
Ins Owners1.82%
Ins Owner Change1.15%
Market Cap3.42B
Analysts82
Price Target131.32 (22.14%)
Short Float %5.93%
Short Ratio5.19
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
Yearly Dividend1.33
Dividend Growth(5Y)8.87%
DP9.11%
Div Incr Years11
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.52%
Min EPS beat(2)0.23%
Max EPS beat(2)38.81%
EPS beat(4)4
Avg EPS beat(4)18.04%
Min EPS beat(4)0.23%
Max EPS beat(4)38.81%
EPS beat(8)7
Avg EPS beat(8)12.77%
EPS beat(12)10
Avg EPS beat(12)11.64%
EPS beat(16)13
Avg EPS beat(16)15.47%
Revenue beat(2)1
Avg Revenue beat(2)1.25%
Min Revenue beat(2)-3.48%
Max Revenue beat(2)5.99%
Revenue beat(4)2
Avg Revenue beat(4)0.66%
Min Revenue beat(4)-3.48%
Max Revenue beat(4)5.99%
Revenue beat(8)4
Avg Revenue beat(8)0.69%
Revenue beat(12)4
Avg Revenue beat(12)0.02%
Revenue beat(16)7
Avg Revenue beat(16)2.71%
PT rev (1m)-7.49%
PT rev (3m)-9.65%
EPS NQ rev (1m)-1.4%
EPS NQ rev (3m)-7.23%
EPS NY rev (1m)3.07%
EPS NY rev (3m)27.31%
Revenue NQ rev (1m)-3.46%
Revenue NQ rev (3m)-0.27%
Revenue NY rev (1m)1.09%
Revenue NY rev (3m)3.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.27 | ||
| Fwd PE | 10.42 | ||
| P/S | 0.99 | ||
| P/FCF | 13.28 | ||
| P/OCF | 5.53 | ||
| P/B | 1.31 | ||
| P/tB | 1.6 | ||
| EV/EBITDA | 3.95 |
EPS(TTM)14.79
EY13.76%
EPS(NY)10.32
Fwd EY9.6%
FCF(TTM)8.1
FCFY7.53%
OCF(TTM)19.44
OCFY18.08%
SpS108.99
BVpS82.35
TBVpS67.23
PEG (NY)N/A
PEG (5Y)0.15
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.02% | ||
| ROE | 18.87% | ||
| ROCE | 14.58% | ||
| ROIC | 11.6% | ||
| ROICexc | 11.77% | ||
| ROICexgc | 13.44% | ||
| OM | 16.56% | ||
| PM (TTM) | 14.26% | ||
| GM | 25.3% | ||
| FCFM | 7.43% |
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%
ROICexcg growth 3Y-30.16%
ROICexcg 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-Score8
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1.44 | ||
| Debt/EBITDA | 0.36 | ||
| Cap/Depr | 100.39% | ||
| Cap/Sales | 10.4% | ||
| Interest Coverage | 112.47 | ||
| Cash Conversion | 66.25% | ||
| Profit Quality | 52.09% | ||
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 2.97 |
F-Score8
WACC7.89%
ROIC/WACC1.47
Cap/Depr(3y)114.75%
Cap/Depr(5y)150.2%
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)55.19%
EPS 3Y-13.4%
EPS 5Y48.87%
EPS Q2Q%-11.78%
EPS Next Y-24.07%
EPS Next 2Y-14.28%
EPS Next 3Y-5.06%
EPS Next 5YN/A
Revenue 1Y (TTM)8.75%
Revenue growth 3Y-4.47%
Revenue growth 5Y9.21%
Sales Q2Q%-1.99%
Revenue Next Year-3.48%
Revenue Next 2Y-0.12%
Revenue Next 3Y1.25%
Revenue Next 5YN/A
EBIT growth 1Y58.5%
EBIT growth 3Y-21.26%
EBIT growth 5Y38.52%
EBIT Next Year15%
EBIT Next 3Y8.4%
EBIT Next 5YN/A
FCF growth 1Y-54.82%
FCF growth 3Y-11.43%
FCF growth 5YN/A
OCF growth 1Y-25.31%
OCF growth 3Y-7.94%
OCF growth 5Y25.28%