MATSON INC (MATX) Stock Fundamental Analysis
NYSE:MATX - US57686G1058 - Common Stock
104.05 USD
-1.4 (-1.33%)
104.05 USD
0 (0%)
MATX gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 36 industry peers in the Marine Transportation industry. MATX gets an excellent profitability rating and is at the same time showing great financial health properties. MATX has a correct valuation and a medium 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.
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
MATX has a Return On Assets of 11.02%. This is amongst the best in the industry. MATX outperforms 83.33% of its industry peers.
MATX has a Return On Equity of 18.87%. This is amongst the best in the industry. MATX outperforms 86.11% of its industry peers.
MATX's Return On Invested Capital of 11.60% is amongst the best of the industry. MATX outperforms 86.11% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MATX is significantly above the industry average of 8.49%.
| 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
The Profit Margin of MATX (14.26%) is better than 66.67% of its industry peers.
MATX's Profit Margin has improved in the last couple of years.
MATX has a Operating Margin (16.56%) which is comparable to the rest of the industry.
MATX's Operating Margin has improved in the last couple of years.
MATX has a worse Gross Margin (25.30%) than 75.00% of its industry peers.
MATX's Gross Margin has improved in the last couple of years.
| 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.
MATX has less shares outstanding than it did 1 year ago.
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
An Altman-Z score of 2.96 indicates that MATX is not a great score, but indicates only limited risk for bankruptcy at the moment.
MATX has a Altman-Z score of 2.96. This is amongst the best in the industry. MATX outperforms 88.89% of its industry peers.
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.
MATX has a Debt to FCF ratio of 1.44. This is amongst the best in the industry. MATX outperforms 83.33% 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.
The Debt to Equity ratio of MATX (0.13) is better than 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1.44 | ||
| Altman-Z | 2.96 |
ROIC/WACC1.45
WACC8.02%
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.
The Current ratio of MATX (0.78) is worse than 80.56% 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.
Looking at the Quick ratio, with a value of 0.78, MATX is doing worse than 75.00% of the companies in the same industry.
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
MATX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 55.19%, which is quite impressive.
The Earnings Per Share has been growing by 48.87% on average over the past years. This is a very strong growth
The Revenue has grown by 8.75% in the past year. This is quite good.
The Revenue has been growing by 9.21% on average over the past years. This is quite good.
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.
MATX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.37% yearly.
EPS Next Y-24.07%
EPS Next 2Y-14.28%
EPS Next 3Y-5.06%
EPS Next 5YN/A
Revenue Next Year-2.96%
Revenue Next 2Y-1.06%
Revenue Next 3Y1.37%
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
The Price/Earnings ratio is 7.04, which indicates a rather cheap valuation of MATX.
69.44% of the companies in the same industry are more expensive than MATX, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.08. MATX is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 10.09, the valuation of MATX can be described as very reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as MATX.
MATX is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.72, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.04 | ||
| Fwd PE | 10.09 |
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 75.00% 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 | 12.85 | ||
| EV/EBITDA | 3.93 |
4.3 Compensation for Growth
The excellent profitability rating of MATX 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 1.37%, MATX has a reasonable but not impressive dividend return.
MATX's Dividend Yield is comparable with the industry average which is at 6.84.
Compared to an average S&P500 Dividend Yield of 2.34, MATX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.37% |
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 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%
104.05
-1.4 (-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 Change-1.09%
Market Cap3.31B
Analysts82
Price Target141.95 (36.42%)
Short Float %4.15%
Short Ratio3.53
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.37% |
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)-2.34%
PT rev (3m)-2.91%
EPS NQ rev (1m)6.21%
EPS NQ rev (3m)-15.74%
EPS NY rev (1m)3.07%
EPS NY rev (3m)27.31%
Revenue NQ rev (1m)2.01%
Revenue NQ rev (3m)-1.81%
Revenue NY rev (1m)2.45%
Revenue NY rev (3m)4.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.04 | ||
| Fwd PE | 10.09 | ||
| P/S | 0.95 | ||
| P/FCF | 12.85 | ||
| P/OCF | 5.35 | ||
| P/B | 1.26 | ||
| P/tB | 1.55 | ||
| EV/EBITDA | 3.93 |
EPS(TTM)14.79
EY14.21%
EPS(NY)10.32
Fwd EY9.92%
FCF(TTM)8.1
FCFY7.78%
OCF(TTM)19.44
OCFY18.68%
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 | 2.96 |
F-Score8
WACC8.02%
ROIC/WACC1.45
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-2.96%
Revenue Next 2Y-1.06%
Revenue Next 3Y1.37%
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%