MATSON INC (MATX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MATX - US57686G1058 - Common Stock
109.14 USD
-0.05 (-0.05%)
108.25 USD
-0.89 (-0.82%)
We assign a fundamental rating of 5 out of 10 to MATX. MATX was compared to 35 industry peers in the Marine Transportation industry. MATX has an excellent profitability rating, but 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
MATX had positive earnings in the past year.
In the past year MATX had a positive cash flow from operations.
In the past 5 years MATX has always been profitable.
Each year in the past 5 years MATX had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 9.34%, MATX is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
With an excellent Return On Equity value of 15.98%, MATX belongs to the best of the industry, outperforming 82.86% of the companies in the same industry.
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.
The Average Return On Invested Capital over the past 3 years for MATX is below the industry average of 18.49%.
The last Return On Invested Capital (9.60%) for MATX is well below the 3 year average (15.04%), which needs to be investigated, but indicates that MATX had better years and this may not be a problem.
| 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
With a decent Profit Margin value of 12.70%, MATX is doing good in the industry, outperforming 62.86% of the companies in the same industry.
MATX's Profit Margin has improved in the last couple of years.
MATX has a Operating Margin of 14.48%. This is comparable to the rest of the industry: MATX outperforms 45.71% of its industry peers.
MATX's Operating Margin has improved in the last couple of years.
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.
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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), MATX is creating value.
MATX has less shares outstanding than it did 1 year ago.
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
An Altman-Z score of 2.88 indicates that MATX is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.88, MATX is doing good in the industry, outperforming 80.00% of the companies in the same industry.
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 better Debt to FCF ratio (2.25) than 77.14% 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 74.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 2.25 | ||
| Altman-Z | 2.88 |
ROIC/WACC1.22
WACC7.86%
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's Current ratio of 0.83 is on the low side compared to the rest of the industry. MATX is outperformed by 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: 80.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.83 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.32% 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
MATX shows a small growth in Revenue. In the last year, the Revenue has grown by 1.88%.
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)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
The Earnings Per Share is expected to decrease by -8.01% 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 1.12% on average per year.
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.
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
MATX is valuated reasonably with a Price/Earnings ratio of 8.31.
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.
MATX's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.15.
A Price/Forward Earnings ratio of 10.89 indicates a reasonable valuation of MATX.
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 36.12, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.31 | ||
| Fwd PE | 10.89 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as MATX.
MATX's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.58 | ||
| EV/EBITDA | 6.8 |
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)0.17
EPS Next 2Y-15.52%
EPS Next 3Y-8.01%
5. Dividend
5.1 Amount
MATX has a Yearly Dividend Yield of 1.41%.
MATX's Dividend Yield is comparable with the industry average which is at 7.59.
With a Dividend Yield of 1.41, MATX pays less dividend than the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.41% |
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
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-15.52%
EPS Next 3Y-8.01%
109.14
-0.05 (-0.05%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners89.62%
Inst Owner Change-0.75%
Ins Owners1.88%
Ins Owner Change0.16%
Market Cap3.47B
Revenue(TTM)3.38B
Net Income(TTM)429.70M
Analysts82
Price Target146.5 (34.23%)
Short Float %3.91%
Short Ratio3.41
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.41% |
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)11.55%
PT rev (3m)3.2%
EPS NQ rev (1m)23.41%
EPS NQ rev (3m)15.67%
EPS NY rev (1m)0%
EPS NY rev (3m)1.68%
Revenue NQ rev (1m)-0.11%
Revenue NQ rev (3m)-3.7%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.31 | ||
| Fwd PE | 10.89 | ||
| P/S | 1.03 | ||
| P/FCF | 21.58 | ||
| P/OCF | 6.37 | ||
| P/B | 1.29 | ||
| P/tB | 1.57 | ||
| EV/EBITDA | 6.8 |
EPS(TTM)13.14
EY12.04%
EPS(NY)10.02
Fwd EY9.18%
FCF(TTM)5.06
FCFY4.63%
OCF(TTM)17.14
OCFY15.71%
SpS106.41
BVpS84.6
TBVpS69.58
PEG (NY)N/A
PEG (5Y)0.17
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 | 2.88 |
F-Score7
WACC7.86%
ROIC/WACC1.22
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 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 8.31 and the Price/Book (PB) ratio is 1.29.
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.