MATSON INC (MATX) Stock Fundamental Analysis
NYSE:MATX - New York Stock Exchange, Inc. - US57686G1058 - Common Stock - Currency: USD
MATX gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 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 is not valued too expensively and it also shows a decent growth rate. This makes MATX very considerable 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.
Each year in the past 5 years MATX has been profitable.
In the past 5 years MATX always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of MATX (11.32%) is better than 85.29% of its industry peers.
With an excellent Return On Equity value of 19.47%, MATX belongs to the best of the industry, outperforming 88.24% of the companies in the same industry.
MATX has a Return On Invested Capital of 11.82%. This is amongst the best in the industry. MATX outperforms 85.29% 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 9.15%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.32% | ||
| ROE | 19.47% | ||
| ROIC | 11.82% |
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 (14.72%) is better than 61.76% of its industry peers.
In the last couple of years the Profit Margin of MATX has grown nicely.
MATX has a Operating Margin of 16.98%. This is comparable to the rest of the industry: MATX outperforms 50.00% of its industry peers.
MATX's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 25.76%, MATX is doing worse than 76.47% of the companies in the same industry.
MATX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.98% | ||
| PM (TTM) | 14.72% | ||
| GM | 25.76% |
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.
Compared to 1 year ago, MATX has less shares outstanding
MATX has less shares outstanding than it did 5 years ago.
MATX has a better debt/assets ratio than last year.
2.2 Solvency
MATX has an Altman-Z score of 3.07. This indicates that MATX is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of MATX (3.07) is better than 94.12% of its industry peers.
MATX has a debt to FCF ratio of 0.80. This is a very positive value and a sign of high solvency as it would only need 0.80 years to pay back of all of its debts.
The Debt to FCF ratio of MATX (0.80) is better than 91.18% 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 has a Debt to Equity ratio of 0.13. This is amongst the best in the industry. MATX outperforms 85.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 0.8 | ||
| Altman-Z | 3.07 |
ROIC/WACC1.42
WACC8.3%
2.3 Liquidity
A Current Ratio of 0.86 indicates that MATX may have some problems paying its short term obligations.
With a Current ratio value of 0.86, MATX is not doing good in the industry: 76.47% of the companies in the same industry are doing better.
A Quick Ratio of 0.86 indicates that MATX may have some problems paying its short term obligations.
With a Quick ratio value of 0.86, MATX is not doing good in the industry: 73.53% of the companies in the same industry are doing better.
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 | 0.86 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 79.01% 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
MATX shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.88%.
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)79.01%
EPS 3Y-13.4%
EPS 5Y48.87%
EPS Q2Q%109.62%
Revenue 1Y (TTM)11.88%
Revenue growth 3Y-4.47%
Revenue growth 5Y9.21%
Sales Q2Q%8.3%
3.2 Future
Based on estimates for the next years, MATX will show a decrease in Earnings Per Share. The EPS will decrease by -4.31% on average per year.
Based on estimates for the next years, MATX will show a small growth in Revenue. The Revenue will grow by 1.73% on average per year.
EPS Next Y-26.33%
EPS Next 2Y-13.96%
EPS Next 3Y-4.31%
EPS Next 5YN/A
Revenue Next Year-5.28%
Revenue Next 2Y-1.06%
Revenue Next 3Y1.73%
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
The Price/Earnings ratio is 7.66, which indicates a rather cheap valuation of MATX.
Based on the Price/Earnings ratio, MATX is valued a bit cheaper than the industry average as 61.76% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.30. MATX is valued rather cheaply when compared to this.
MATX is valuated reasonably with a Price/Forward Earnings ratio of 11.19.
The rest of the industry has a similar Price/Forward Earnings ratio as MATX.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, MATX is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.66 | ||
| Fwd PE | 11.19 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as MATX.
64.71% of the companies in the same industry are more expensive than MATX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.97 | ||
| EV/EBITDA | 5.3 |
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 -4.31% in the coming years.
PEG (NY)N/A
PEG (5Y)0.16
EPS Next 2Y-13.96%
EPS Next 3Y-4.31%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.27%, MATX has a reasonable but not impressive dividend return.
MATX's Dividend Yield is comparable with the industry average which is at 7.34.
Compared to an average S&P500 Dividend Yield of 2.35, MATX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.27% |
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
8.78% of the earnings are spent on dividend by MATX. This is a low number and sustainable payout ratio.
DP8.78%
EPS Next 2Y-13.96%
EPS Next 3Y-4.31%
116.3
+2.79 (+2.46%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners89.14%
Inst Owner Change-0.06%
Ins Owners1.81%
Ins Owner Change5.74%
Market Cap3.80B
Analysts84.44
Price Target145.35 (24.98%)
Short Float %3.64%
Short Ratio2.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.27% |
Yearly Dividend1.33
Dividend Growth(5Y)8.87%
DP8.78%
Div Incr Years11
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.83%
Min EPS beat(2)0.23%
Max EPS beat(2)11.43%
EPS beat(4)4
Avg EPS beat(4)10.35%
Min EPS beat(4)0.23%
Max EPS beat(4)21.7%
EPS beat(8)7
Avg EPS beat(8)9.82%
EPS beat(12)9
Avg EPS beat(12)8.33%
EPS beat(16)13
Avg EPS beat(16)14.47%
Revenue beat(2)1
Avg Revenue beat(2)-0.5%
Min Revenue beat(2)-3.48%
Max Revenue beat(2)2.47%
Revenue beat(4)1
Avg Revenue beat(4)-1.1%
Min Revenue beat(4)-3.48%
Max Revenue beat(4)2.47%
Revenue beat(8)3
Avg Revenue beat(8)-0.13%
Revenue beat(12)3
Avg Revenue beat(12)-0.69%
Revenue beat(16)7
Avg Revenue beat(16)2.82%
PT rev (1m)-0.58%
PT rev (3m)-14.93%
EPS NQ rev (1m)3.8%
EPS NQ rev (3m)-39.87%
EPS NY rev (1m)23.51%
EPS NY rev (3m)-15%
Revenue NQ rev (1m)2.11%
Revenue NQ rev (3m)-11.27%
Revenue NY rev (1m)1.21%
Revenue NY rev (3m)-5.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.66 | ||
| Fwd PE | 11.19 | ||
| P/S | 1.09 | ||
| P/FCF | 7.97 | ||
| P/OCF | 4.63 | ||
| P/B | 1.44 | ||
| P/tB | 1.77 | ||
| EV/EBITDA | 5.3 |
EPS(TTM)15.18
EY13.05%
EPS(NY)10.39
Fwd EY8.94%
FCF(TTM)14.59
FCFY12.54%
OCF(TTM)25.13
OCFY21.61%
SpS106.67
BVpS80.67
TBVpS65.84
PEG (NY)N/A
PEG (5Y)0.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.32% | ||
| ROE | 19.47% | ||
| ROCE | 14.85% | ||
| ROIC | 11.82% | ||
| ROICexc | 12.19% | ||
| ROICexgc | 13.94% | ||
| OM | 16.98% | ||
| PM (TTM) | 14.72% | ||
| GM | 25.76% | ||
| FCFM | 13.68% |
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 | 0.8 | ||
| Debt/EBITDA | 0.46 | ||
| Cap/Depr | 220.37% | ||
| Cap/Sales | 9.88% | ||
| Interest Coverage | 83.28 | ||
| Cash Conversion | 109.74% | ||
| Profit Quality | 92.9% | ||
| Current Ratio | 0.86 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 3.07 |
F-Score8
WACC8.3%
ROIC/WACC1.42
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)79.01%
EPS 3Y-13.4%
EPS 5Y48.87%
EPS Q2Q%109.62%
EPS Next Y-26.33%
EPS Next 2Y-13.96%
EPS Next 3Y-4.31%
EPS Next 5YN/A
Revenue 1Y (TTM)11.88%
Revenue growth 3Y-4.47%
Revenue growth 5Y9.21%
Sales Q2Q%8.3%
Revenue Next Year-5.28%
Revenue Next 2Y-1.06%
Revenue Next 3Y1.73%
Revenue Next 5YN/A
EBIT growth 1Y75.67%
EBIT growth 3Y-21.26%
EBIT growth 5Y38.52%
EBIT Next Year6.01%
EBIT Next 3Y8.69%
EBIT Next 5YN/A
FCF growth 1Y-46.76%
FCF growth 3Y-11.43%
FCF growth 5YN/A
OCF growth 1Y-25.08%
OCF growth 3Y-7.94%
OCF growth 5Y25.28%