MATSON INC (MATX)
US57686G1058 - Common Stock
MATX gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 29 industry peers in the Marine Transportation industry. MATX has an excellent profitability rating, but there are some minor concerns on its financial health. MATX is valued correctly, but it does not seem to be growing.
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.
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 7.09%, MATX is in the better half of the industry, outperforming 72.41% of the companies in the same industry.
With a decent Return On Equity value of 12.60%, MATX is doing good in the industry, outperforming 68.97% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 7.22%, MATX is in the better half of the industry, outperforming 68.97% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for MATX is significantly above the industry average of 7.85%.
The 3 year average ROIC (21.04%) for MATX is well above the current ROIC(7.22%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.09% | ||
| ROE | 12.6% | ||
| ROIC | 7.22% |
ROA(3y)18.87%
ROA(5y)13.23%
ROE(3y)38.1%
ROE(5y)28.93%
ROIC(3y)21.04%
ROIC(5y)15.02%
1.3 Margins
With a Profit Margin value of 9.61%, MATX perfoms like the industry average, outperforming 41.38% 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 10.82%. This is in the lower half of the industry: MATX underperforms 65.52% of its industry peers.
In the last couple of years the Operating Margin of MATX has grown nicely.
MATX has a worse Gross Margin (20.13%) than 79.31% of its industry peers.
In the last couple of years the Gross Margin of MATX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.82% | ||
| PM (TTM) | 9.61% | ||
| GM | 20.13% |
OM growth 3Y1.08%
OM growth 5Y14.01%
PM growth 3Y5.82%
PM growth 5Y14.38%
GM growth 3Y0.1%
GM growth 5Y5.2%
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 2.97 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 2.97, MATX is doing good in the industry, outperforming 79.31% of the companies in the same industry.
MATX has a debt to FCF ratio of 2.30. This is a good value and a sign of high solvency as MATX would need 2.30 years to pay back of all of its debts.
The Debt to FCF ratio of MATX (2.30) is better than 86.21% of its industry peers.
MATX has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
MATX's Debt to Equity ratio of 0.16 is fine compared to the rest of the industry. MATX outperforms 79.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 2.3 | ||
| Altman-Z | 2.97 |
ROIC/WACC0.88
WACC8.25%
2.3 Liquidity
A Current Ratio of 0.97 indicates that MATX may have some problems paying its short term obligations.
MATX has a worse Current ratio (0.97) than 79.31% of its industry peers.
A Quick Ratio of 0.97 indicates that MATX may have some problems paying its short term obligations.
The Quick ratio of MATX (0.97) is worse than 75.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
MATX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -56.33%.
Measured over the past years, MATX shows a very strong growth in Earnings Per Share. The EPS has been growing by 27.78% on average per year.
MATX shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -19.84%.
The Revenue has been growing slightly by 6.84% on average over the past years.
EPS 1Y (TTM)-56.33%
EPS 3Y23.58%
EPS 5Y27.78%
EPS growth Q2Q10.64%
Revenue 1Y (TTM)-19.84%
Revenue growth 3Y9.1%
Revenue growth 5Y6.84%
Revenue growth Q2Q2.45%
3.2 Future
The Earnings Per Share is expected to decrease by -1.09% on average over the next years.
The Revenue is expected to grow by 1.95% on average over the next years.
EPS Next Y2.24%
EPS Next 2Y0.69%
EPS Next 3Y-1.09%
EPS Next 5YN/A
Revenue Next Year4.23%
Revenue Next 2Y1.98%
Revenue Next 3Y1.95%
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.
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
With a Price/Earnings ratio of 13.62, MATX is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of MATX is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 28.83, MATX is valued rather cheaply.
MATX is valuated correctly with a Price/Forward Earnings ratio of 13.59.
Based on the Price/Forward Earnings ratio, MATX is valued a bit more expensive than the industry average as 62.07% of the companies are valued more cheaply.
MATX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 20.47.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.62 | ||
| Fwd PE | 13.59 |
4.2 Price Multiples
MATX's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MATX is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.82 | ||
| EV/EBITDA | 9.03 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MATX does not grow enough to justify the current Price/Earnings ratio.
MATX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)6.07
PEG (5Y)0.49
EPS Next 2Y0.69%
EPS Next 3Y-1.09%
5. Dividend
5.1 Amount
MATX has a Yearly Dividend Yield of 1.12%.
MATX's Dividend Yield is comparable with the industry average which is at 4.55.
With a Dividend Yield of 1.12, MATX pays less dividend than the S&P500 average, which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
5.2 History
The dividend of MATX is nicely growing with an annual growth rate of 8.90%!
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)8.9%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
MATX pays out 14.97% of its income as dividend. This is a sustainable payout ratio.
DP14.97%
EPS Next 2Y0.69%
EPS Next 3Y-1.09%
MATSON INC
NYSE:MATX (5/16/2024, 7:04:00 PM)
After market: 115.47 0 (0%)115.47
+0.55 (+0.48%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.98B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.62 | ||
| Fwd PE | 13.59 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)6.07
PEG (5Y)0.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.09% | ||
| ROE | 12.6% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 10.82% | ||
| PM (TTM) | 9.61% | ||
| GM | 20.13% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.74
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.97 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-56.33%
EPS 3Y23.58%
EPS 5Y
EPS growth Q2Q
EPS Next Y2.24%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-19.84%
Revenue growth 3Y9.1%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y