MATSON INC (MATX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MATX - US57686G1058 - Common Stock
125.2 USD
+0.17 (+0.14%)
125.2 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to MATX. MATX was compared to 35 industry peers in the Marine Transportation industry. Both the health and profitability get an excellent rating, making MATX a very profitable company, without any liquidiy or solvency issues. MATX has a decent growth rate and is not valued too expensively.
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.
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
Looking at the Return On Assets, with a value of 9.34%, MATX belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
Looking at the Return On Equity, with a value of 15.98%, MATX belongs to the top of the industry, outperforming 82.86% of the companies in the same industry.
MATX has a better Return On Invested Capital (9.60%) than 82.86% of its industry peers.
MATX had an Average Return On Invested Capital over the past 3 years of 15.04%. This is significantly above the industry average of 6.93%.
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
Looking at the Profit Margin, with a value of 12.70%, MATX is in the better half of the industry, outperforming 68.57% of the companies in the same industry.
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 has a Gross Margin of 23.29%. This is in the lower half of the industry: MATX underperforms 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.
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.
Compared to 1 year ago, MATX has an improved debt to assets ratio.
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's Altman-Z score of 3.01 is amongst the best of the industry. MATX outperforms 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.
MATX's Debt to Equity ratio of 0.12 is fine compared to the rest of the industry. MATX outperforms 71.43% of its industry peers.
| 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'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.
MATX has a Quick ratio of 0.83. This is amonst the worse of the industry: MATX underperforms 82.86% 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 | 0.83 | ||
| Quick Ratio | 0.83 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.32% over the past year.
Measured over the past years, MATX shows a very strong growth in Earnings Per Share. The EPS has been growing by 48.87% on average per year.
Looking at the last year, MATX shows a small growth in Revenue. The Revenue has grown by 1.88% 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)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 -8.11% 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 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
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
Based on the Price/Earnings ratio of 9.53, the valuation of MATX can be described as reasonable.
MATX's Price/Earnings ratio is a bit cheaper when compared to the industry. MATX is cheaper than 68.57% of the companies in the same industry.
When comparing the Price/Earnings ratio of MATX to the average of the S&P500 Index (26.84), we can say MATX is valued rather cheaply.
A Price/Forward Earnings ratio of 11.59 indicates a reasonable valuation of MATX.
MATX's Price/Forward Earnings ratio is in line with the industry average.
MATX's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.53 | ||
| Fwd PE | 11.59 |
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 | 24.28 | ||
| EV/EBITDA | 7.58 |
4.3 Compensation for Growth
MATX has an outstanding profitability rating, which may justify a higher PE ratio.
MATX's earnings are expected to decrease with -8.11% in the coming years. This may justify a cheaper valuation.
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.
With a Dividend Yield of 1.16, MATX pays less dividend than the S&P500 average, which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
5.2 History
The dividend of MATX is nicely growing with an annual growth rate of 8.87%!
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-12.3%
EPS Next 3Y-8.11%
125.2
+0.17 (+0.14%)
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 (17.01%)
Short Float %5.22%
Short Ratio4.61
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 | 9.53 | ||
| Fwd PE | 11.59 | ||
| P/S | 1.15 | ||
| P/FCF | 24.28 | ||
| P/OCF | 7.16 | ||
| P/B | 1.45 | ||
| P/tB | 1.76 | ||
| EV/EBITDA | 7.58 |
EPS(TTM)13.14
EY10.5%
EPS(NY)10.8
Fwd EY8.62%
FCF(TTM)5.16
FCFY4.12%
OCF(TTM)17.48
OCFY13.96%
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 9.53 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.