MATSON INC (MATX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MATX - US57686G1058 - Common Stock
119.39 USD
-3.18 (-2.59%)
119.39 USD
0 (0%)
Taking everything into account, MATX scores 5 out of 10 in our fundamental rating. MATX was compared to 35 industry peers in the Marine Transportation industry. While MATX belongs to the best of the industry regarding profitability, 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.
In the past 5 years MATX has always been profitable.
MATX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of MATX (9.34%) is better 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 19.13%.
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's Profit Margin of 12.70% is fine compared to the rest of the industry. MATX outperforms 65.71% of its industry peers.
In the last couple of years the Profit Margin of MATX has grown nicely.
MATX has a Operating Margin (14.48%) which 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 23.29%, MATX is doing worse than 77.14% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so MATX is creating value.
The number of shares outstanding for MATX has been reduced compared to 1 year ago.
Compared to 5 years ago, MATX has less shares outstanding
MATX has a better debt/assets ratio than last year.
2.2 Solvency
MATX has an Altman-Z score of 2.99. 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 2.99. This is in the better half of the industry: MATX outperforms 80.00% of its industry peers.
MATX has a debt to FCF ratio of 2.25. This is a good value and a sign of high solvency as MATX would need 2.25 years to pay back of all of its debts.
MATX's Debt to FCF ratio of 2.25 is fine compared to the rest of the industry. MATX outperforms 77.14% of its industry peers.
A Debt/Equity ratio of 0.12 indicates that MATX is not too dependend on debt financing.
MATX has a Debt to Equity ratio of 0.12. This is in the better half of the industry: MATX outperforms 74.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 2.25 | ||
| Altman-Z | 2.99 |
ROIC/WACC1.2
WACC8.02%
2.3 Liquidity
A Current Ratio of 0.83 indicates that MATX may have some problems paying its short term obligations.
With a Current ratio value of 0.83, MATX is not doing good in the industry: 85.71% of the companies in the same industry are doing better.
A Quick Ratio of 0.83 indicates that MATX may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.83, MATX is doing worse than 82.86% of the companies in the same industry.
| 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.
MATX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 48.87% yearly.
The Revenue has been growing slightly by 1.88% in the past 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)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
MATX is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -8.11% yearly.
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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 9.09, the valuation of MATX can be described as reasonable.
Based on the Price/Earnings ratio, MATX is valued a bit cheaper than the industry average as 65.71% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of MATX to the average of the S&P500 Index (26.54), we can say MATX is valued rather cheaply.
MATX is valuated reasonably with a Price/Forward Earnings ratio of 11.06.
MATX's Price/Forward Earnings is on the same level as the industry average.
MATX is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.78, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.09 | ||
| Fwd PE | 11.06 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MATX is on the same level as its industry peers.
The rest of the industry has a similar Price/Free Cash Flow ratio as MATX.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.15 | ||
| EV/EBITDA | 7.44 |
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 -8.11% 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 1.27%. Purely for dividend investing, there may be better candidates out there.
MATX's Dividend Yield is comparable with the industry average which is at 7.11.
Compared to an average S&P500 Dividend Yield of 2.27, 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 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 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%
119.39
-3.18 (-2.59%)
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 Cap3.72B
Revenue(TTM)3.38B
Net Income(TTM)429.70M
Analysts86
Price Target146.5 (22.71%)
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 | 9.09 | ||
| Fwd PE | 11.06 | ||
| P/S | 1.1 | ||
| P/FCF | 23.15 | ||
| P/OCF | 6.83 | ||
| P/B | 1.38 | ||
| P/tB | 1.68 | ||
| EV/EBITDA | 7.44 |
EPS(TTM)13.14
EY11.01%
EPS(NY)10.8
Fwd EY9.04%
FCF(TTM)5.16
FCFY4.32%
OCF(TTM)17.48
OCFY14.64%
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 | 2.99 |
F-Score7
WACC8.02%
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 9.09 and the Price/Book (PB) ratio is 1.38.
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.