MATSON INC (MATX) Stock Fundamental Analysis
USA - NYSE:MATX - US57686G1058 - Common Stock
103.76 USD
-3.76 (-3.5%)
103.761 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 has a decent growth rate and is not valued too expensively. With these ratings, MATX could be worth investigating further for quality investing!.
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.
In the past 5 years MATX always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 11.02%, MATX belongs to the best of the industry, outperforming 82.86% of the companies in the same industry.
With an excellent Return On Equity value of 18.87%, MATX belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
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.
MATX had an Average Return On Invested Capital over the past 3 years of 15.04%. This 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
MATX has a better Profit Margin (14.26%) than 65.71% of its industry peers.
MATX's Profit Margin has improved in the last couple of years.
The Operating Margin of MATX (16.56%) is comparable to the rest of the industry.
MATX's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 25.30%, MATX is doing worse than 74.29% of the companies in the same industry.
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
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
MATX has an Altman-Z score of 2.95. 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.
MATX has a Altman-Z score of 2.95. This is amongst the best in the industry. MATX outperforms 91.43% of its industry peers.
The Debt to FCF ratio of MATX is 1.44, which is an excellent value as it means it would take MATX, only 1.44 years of fcf income to pay off all of its debts.
MATX has a better Debt to FCF ratio (1.44) than 82.86% of its industry peers.
MATX has a Debt/Equity ratio of 0.13. This is a healthy value indicating a solid balance between debt and equity.
MATX's Debt to Equity ratio of 0.13 is fine compared to the rest of the industry. MATX outperforms 74.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1.44 | ||
| Altman-Z | 2.95 |
ROIC/WACC1.46
WACC7.94%
2.3 Liquidity
A Current Ratio of 0.78 indicates that MATX may have some problems paying its short term obligations.
The Current ratio of MATX (0.78) is worse than 80.00% of its industry peers.
MATX has a Quick 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's Quick ratio of 0.78 is on the low side compared to the rest of the industry. MATX is outperformed by 77.14% of its industry peers.
MATX does not score too well on the current and quick ratio evaluation. However, as it has 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.
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)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
Based on estimates for the next years, MATX will show a decrease in Earnings Per Share. The EPS will decrease by -5.06% on average per year.
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
Based on the Price/Earnings ratio of 7.02, the valuation of MATX can be described as very cheap.
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.
The average S&P500 Price/Earnings ratio is at 27.38. MATX is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 10.06, the valuation of MATX can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MATX is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.86, MATX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.02 | ||
| Fwd PE | 10.06 |
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 71.43% of the companies listed in the same industry.
MATX's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.81 | ||
| EV/EBITDA | 3.87 |
4.3 Compensation for Growth
MATX has an outstanding profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as MATX's earnings are expected to decrease with -5.06% in the coming years.
PEG (NY)N/A
PEG (5Y)0.14
EPS Next 2Y-14.28%
EPS Next 3Y-5.06%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.34%, MATX has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 6.68, MATX has a dividend in line with its industry peers.
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 | 1.34% |
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 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 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%
103.76
-3.76 (-3.5%)
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 Cap3.30B
Analysts82
Price Target131.32 (26.56%)
Short Float %5.93%
Short Ratio5.19
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.34% |
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)0%
EPS NY rev (3m)3.07%
Revenue NQ rev (1m)-3.46%
Revenue NQ rev (3m)-0.27%
Revenue NY rev (1m)-0.54%
Revenue NY rev (3m)1.9%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.02 | ||
| Fwd PE | 10.06 | ||
| P/S | 0.95 | ||
| P/FCF | 12.81 | ||
| P/OCF | 5.34 | ||
| P/B | 1.26 | ||
| P/tB | 1.54 | ||
| EV/EBITDA | 3.87 |
EPS(TTM)14.79
EY14.25%
EPS(NY)10.32
Fwd EY9.94%
FCF(TTM)8.1
FCFY7.8%
OCF(TTM)19.44
OCFY18.73%
SpS108.99
BVpS82.35
TBVpS67.23
PEG (NY)N/A
PEG (5Y)0.14
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 | 2.95 |
F-Score8
WACC7.94%
ROIC/WACC1.46
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%