View ValuationMatthews International 향후 성장Future 기준 점검 3/6Matthews International 의 수익은 연간 5.4% 감소할 것으로 예상되는 반면, 연간 수익은 24.2% 로 증가할 것으로 예상됩니다. EPS는 연간 24% 만큼 성장할 것으로 예상됩니다.핵심 정보24.2%이익 성장률24.02%EPS 성장률Consumer Services 이익 성장13.8%매출 성장률-5.4%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트04 May 2026최근 향후 성장 업데이트공시 • Nov 18Matthews International Corporation Provides Earnings Guidance for the Fiscal Year 2024Matthews International Corporation provided earnings guidance for the fiscal year 2024. For the year, the company expects another year of consolidated growth in sales.공시 • Jan 29Matthews International Corporation Provides Consolidated Sales Guidance for the Reminder of Year 2023Matthews International Corporation provided consolidated sales guidance for the reminder of year 2023. As look forward to the balance of 2023, the company is expecting continued consolidated sales growth.공시 • Nov 18Matthews International Corporation Provides Consolidated Earnings Guidance for the Fiscal Year 2023Matthews International Corporation provided consolidated earnings guidance for the fiscal year 2023. For the fiscal year 2023, the company is currently projecting another year of consolidated sales growth.모든 업데이트 보기Recent updates공시 • May 02Matthews International Declares Quarterly Dividend, Payable on May 25, 2026Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting, a dividend of $0.255 per share on the Company's common stock. The dividend is payable May 25, 2026 to stockholders of record May 11, 2026.공시 • Apr 11Matthews International Corporation to Report Q2, 2026 Results on Apr 30, 2026Matthews International Corporation announced that they will report Q2, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 30, 2026공시 • Feb 20Matthews International Corporation Announces Management ChangesMatthews International Corporation at its Annual Meeting of Shareholders held on February 19, 2026 selected J. Michael Nauman to replace Alvaro Garcia-Tunon as Chairman of the Board. Mr. Nauman was first appointed to Matthews' Board of Directors in February 2025. Retired as President, Chief Executive Officer, and Director of Brady Corporation, and previously of Molex Incorporated, Ohio Associate Enterprises, and Arthur Andersen and Co., Mr. Nauman is a highly experienced executive with over 35 years of commercial, strategic, and financial expertise.공시 • Jan 29Matthews International Corporation Declares Quarterly Dividend, Payable on February 23, 2026Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting on January 28, 2026, a dividend of $0.255 per share on the Company's common stock. The dividend is payable February 23, 2026 to stockholders of record February 9, 2026.공시 • Jan 21Matthews International Corporation, Annual General Meeting, Feb 19, 2026Matthews International Corporation, Annual General Meeting, Feb 19, 2026.공시 • Jan 10Matthews International Corporation to Report Q1, 2026 Results on Feb 03, 2026Matthews International Corporation announced that they will report Q1, 2026 results After-Market on Feb 03, 2026공시 • Jan 02Duravant LLC completed the acquisition of Warehouse Automation Business of Matthews International Corporation (NasdaqGS:MATW) for $232.1 million.Duravant LLC signed a definitive agreement to acquire Warehouse Automation Business of Matthews International Corporation (NasdaqGS:MATW) for $230 million on November 13, 2025. The consideration comprises $223.3 million in cash and the assumption of certain liabilities. The cash proceeds from the sale will be used to reduce debt and strengthen balance sheet. The Warehouse Automation business will become part of Duravant’s Material Handling operating group. The Warehouse Automation business generated $72 million in sales for fiscal 2025. The transaction is subject to customary regulatory approvals and is expected to close before the end of Matthews' fiscal 2026 second quarter. The total purchase price represents a compelling valuation multiple that is significantly accretive to Matthews' current trading range. J.P. Morgan Securities LLC acted as financial advisor for Matthews International Corporation. K&L Gates LLP acted as legal advisor for Matthews International Corporation. Duravant LLC completed the acquisition of Warehouse Automation Business of Matthews International Corporation (NasdaqGS:MATW) for $232.1 million on December 31, 2025.공시 • Nov 20+ 1 more updateMatthews International Corporation Announces Board ChangesMatthews International Corporation announced that its Board of Directors has unanimously elected J. Michael Nauman to serve as the next Chairman of the Board, effective following the 2026 Annual Meeting of Shareholders. Mr. Nauman will succeed Alvaro Garcia-Tunon, who has served as Chair since 2022 and will retire from the Board when his term expires at the Annual Meeting. Mr. Nauman is a highly experienced executive with over 35 years of commercial, strategic, and financial expertise. Mr. Nauman was first elected to the Matthews Board at the 2025 Annual Meeting of Shareholders, where he received the highest level of support among all nominees. He previously served as President, Chief Executive Officer, and Director of Brady Corporation, a provider of identification and safety products, and as Executive Vice President of the Integrated Products Division at Molex overseeing global operations across multiple end markets.공시 • Nov 08Matthews International Corporation to Report Q4, 2025 Results on Nov 20, 2025Matthews International Corporation announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 20, 2025공시 • Sep 25Matthews International Corporation Unveils Its Proprietary Axian Inkjet (Xij) Printing TechnologyMatthews International Corporation announced that its business, Matthews Marking Systems, is unveiling its proprietary Axian Inkjet (XIJ) printing technology, a breakthrough innovation redefining high-speed, high-resolution product marking for consumer-packaged goods (CPG) and fast-moving consumer goods (FMCG) industries. Utilizing XIJ, the new MPERIA®? Axian XIJ AX1000 Series printer (scheduled to launch next week at the 2025 Pack Expo in Las Vegas) merges the best attributes of Continuous Inkjet (CIJ) and Thermal Inkjet (TIJ) into a single, high-performance platform. Developed by Matthews Marking Systems engineers, XIJ leverages proprietary micro-electromechanical systems (MEMS) technology to deliver a column of ink droplets simultaneously--unlike traditional CIJ systems that eject droplets sequentially. This enables crisp, consistent, high-resolution marks at unprecedented speeds. Key Advantages of XIJ Technology: Simultaneously prints 2D codes and multi-line text without reducing line speed; Lowered total cost of ownership (TCO) by eliminating make up fluids and reducing maintenance costs; Full print resolution at faster speeds compared to CIJ; User adjustable ink controls for clear, high-quality marks. XIJ vs. Traditional Inkjet: Feature Traditional Inkjet (CIJ/TIJ) MEMS-Based (Axian XIJ) Valve Control Mechanical/Electromagnetic Micro-valve MEMS Resolution at 8mm Up to 70 DPI 100 DPI; The Maintenance Complex, frequent Simple, infrequent; Make Up Fluids As needed; Environmental Impact Solvent fumes (CIJ only) Closed system, eco-friendly; Speed & Flexibility Limited for 2D codes (CIJ only) Full speed, 2D/linear codes; Closed Ink System for Eco-Friendly Operation: The MPERIA®? Axians XIJ features a closed ink system that eliminates the need for solvent additives, reducing emissions and supporting sustainable operations. The system draws less than 25 watts of power and is housed in a stainless-steel enclosure for nearly maintenance-free use. Performance Highlights: Speed: Up to 200 ft/min (60 m/min); Resolution: Up to 100 DPI; Print Height: Up to 0.50" (13 mm); Lines of Text: Up to five; throw Distance: 8 mm (optimal); Startup Time: Under one minute; Ink System: Single 800 ml cartridge, no make-up solvent required. Versatile Substrate Compatibility:XIJ technology enables confident marking on a wide range of materials, including: Flexible films (PET, OPP); Coated cardboard and chipboard; Plastics (PVC, HDPE, LDPE); Environmental & Operational Benefits; Closed system: No solvent fumes or emissions; Lower power consumption: Reduced carbon footprint; Compact design: Easy to install and position on manufacturing lines.공시 • Aug 20+ 1 more updateMatthews International Corporation Announces Executive ChangesMatthews International Corporation announced that Steven F. Nicola Treasurer, has advised the Company’s Board of Directors (the “Board”) of his plans to retire effective December 31, 2025, after more than three decades of dedicated service. Mr. Nicola joined Matthews in 1992 and has served as CFO since 2003. Throughout his tenure, he played a pivotal role in guiding the Company’s financial strategy, governance, and growth. The Board has named Daniel E. Stopar to succeed Mr. Nicola as Treasurer, effective December 1, 2025. Mr. Stopar, who joined Matthews in 2013, has extensive experience in financial, accounting and reporting matters and has held various executive financial roles with the Company, most recently as Senior Vice President, Operations Controller and Head of Global Business Services. Prior to joining Matthews, Mr. Stopar served in several financial leadership roles for Royal Philips Electronics and Respironics Inc.공시 • Jul 31Matthews International Corporation Declares a Dividend, Payable on August 25, 2025Matthews International Corporation announced that its Board of Directors declared a dividend of $0.25 per share on the Company’s common stock. The dividend is payable August 25, 2025 to stockholders of record August 11, 2025.공시 • Jul 11Matthews International Corporation to Report Q3, 2025 Results on Aug 05, 2025Matthews International Corporation announced that they will report Q3, 2025 results After-Market on Aug 05, 2025공시 • Jun 30+ 1 more updateMatthews International Corporation(NasdaqGS:MATW) dropped from Russell 2000 Value-Defensive IndexMatthews International Corporation(NasdaqGS:MATW) dropped from Russell 2000 Value-Defensive Index공시 • May 01Matthews International Declares Quarterly Dividend, Payable on May 26, 2025Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting a dividend of $0.25 per share on the Company’s common stock. The dividend is payable May 26, 2025 to stockholders of record May 12, 2025.공시 • Apr 12Matthews International Corporation to Report Q2, 2025 Results on Apr 30, 2025Matthews International Corporation announced that they will report Q2, 2025 results After-Market on Apr 30, 2025공시 • Mar 13Matthews International Corporation has filed a Follow-on Equity Offering.Matthews International Corporation has filed a Follow-on Equity Offering. Security Name: Class A Common Stock Security Type: Common Stock Securities Offered: 1,250,000 Transaction Features: At the Market Offering공시 • Feb 22Matthews International Corporation Elects J. Michael Nauman as DirectorMatthews International Corporation at its Annual Meeting of Shareholders held on February 20, 2025 elected J. Michael Nauman as director for a term of three years. He was elected to serve until the Company’s 2028 Annual Meeting of Shareholders and until his successor is elected and qualified or until his earlier death, resignation or removal.공시 • Feb 19+ 2 more updatesBarington Capital Reminds Matthews International Shareholders to Cast their VoteOn February 19, 2025, Barington Capital Group L P reminds Matthews International Corporation shareholders that Annual Meeting of Shareholders presents a critical opportunity to help the Company restore good governance, market credibility and long-term value creation through the election of its nominees Ana Amicarella, Chan Galbato and James Mitarotonda to the Company's Board of Directors. In addition, Barington criticizes the current Board for poor governance, share price underperformance, and not holding the CEO accountable, and asked the Company shareholders in casting their votes consider the current Board has overseen an inordinately long period of share price underperformance, current Board's last-minute actions are a desperate attempt to placate shareholders, independent proxy advisors’ recommendations regarding board nominations. Barington Capital urged the shareholders to vote for its board nominees at the annual meeting of shareholders.공시 • Feb 18+ 1 more updateBarington Capital Provides Information to Shareholders of Matthews InternationalOn February 18, 2025, Barington Capital Group L P criticized the Matthews International Corporation current Board for 18 years of underperformance, poor capital allocation, and weak corporate governance, and a vote for its nominees is a vote in favour of the relevant skills, board experience, independent perspectives and fierce commitment to shareholders required to help drive good governance and long-term value creation at the Company. In addition, Barington Capita stated that the Company has made recent governance changes, such as declassifying its Board and implementing a majority voting standard, which Barington believes are attempts to placate shareholders, and independent proxy advisory firms ISS, Glass Lewis, and Egan-Jones recommend voting for Barington’s nominees. Further, Barington Capital urges Company shareholders to vote for their nominees Ana Amicarella, Chan Galbato, and James Mitarotonda to the Board of Directors, and emphasizes the importance of this election for the future of Company’s and urges shareholders to vote for their nominees to drive long-term value creation.공시 • Feb 17Matthews International Corporation Appoints Thomas Gebhardt to the Board of DirectorsMatthews International Corporation announced that Thomas Gebhardt has been appointed to the company’s board of directors, effective immediately. As previously announced on January 24, 2025, Gregory S. Babe informed Matthews that he would not stand for re-election to the Company’s Board at the 2026 Annual Meeting of Shareholders. As a result of the addition of Mr. Gebhardt to the Matthews Board, Mr. Babe has resigned from the Board, effective immediately. Mr. Gebhardt brings deep industrial automation and battery expertise to Matthews, including over 30 years of experience at Panasonic where he most recently served as Chairman and Chief Executive Officer of Panasonic’s North American business. Under his leadership at Panasonic, the company transitioned from a consumer electronics firm to a successful provider of devices and systems solutions in the industrial and technology sectors. Mr. Gebhardt is recognized for having significantly expanded the company’s presence in Automotive, growing the business to more than $2.8 billion in revenue over a five-year period. In batteries specifically, he grew the business from multi millions to billions of dollars in revenue. Notably, Mr. Gebhardt led Panasonic’s partnership with Toyota and was intimately involved with the development of the exclusive supply relationship between Panasonic and Tesla, including leading Tesla’s Reno based Gigafactory project, which produces the majority of lithium batteries for Tesla’s electric vehicles. Most recently, Mr. Gebhardt served as Interim CEO of Imprint Energy, a printable battery printing company that was acquired by CCL Industries in 2023.공시 • Feb 15+ 1 more updateAlvaro Garcia-Tunon to Retire from the Board of Matthews International CorporationMatthews International Corporation announced a Board refreshment plan and corporate governance enhancements in furtherance of its commitment to enhance long-term shareholder value. The Matthews Board of Directors intends to effect an orderly transition of the Board Chair role. The Board will appoint a new independent Board Chair by the next annual meeting in 2026, and current Board Chair Alvaro Garcia-Tunon will retire from the Board at the 2026 Annual Meeting of Shareholders.공시 • Feb 13Barington Capital Sends Letter to Shareholders of Matthews InternationalOn February 12, 2025, Barington Capital Group, L.P. sent a letter to Matthews International Corporation’s shareholders highlighting unanimous support for the election of its director nominees – Ana B. Amicarella, Chan W. Galbato, and James Mitarotonda – to the Company’s Board of Directors by all 3 independent proxy advisory firms, ISS, Glass Lewis and Egan-Jones, as well as the Company’s dismal fiscal 2025 first quarter earnings results. Barington Capital also stated that it has uploaded material to https://barington.com/matthews.공시 • Feb 06Matthews International Announces Positive Ruling in Arbitration with TeslaMatthews International Corporation provided an update on the ongoing business dispute involving Tesla. On February 5, 2025, an arbitrator issued a decision on an arbitration demand filed by Matthews against Tesla in January 2024. This ruling acknowledged Matthews’ extensive, pre-Tesla background in manufacturing advanced Dry Battery Electrode (“DBE”) technology and affirmed that the Company has the right to sell its solutions to customers other than Tesla. Matthews intends to immediately resume marketing, selling and delivering its DBE products to other customers in the growing electric vehicle market, where battery and automobile equipment manufacturers from around the world seek to adopt Matthews’ innovative solutions. On November 5, 2024, Matthews was awarded U.S. Patent No. 12,136,727 B2 entitled Systems for Manufacturing a Dry Electrode, and Matthews expects this foundational work to lead to further innovations and developments to support the expanding DBE industry. After exhausting efforts to negotiate a resolution to a dispute with its DBE customer Tesla that arose over a year ago, Matthews was forced to seek a declaratory judgment in a binding arbitration regarding Matthews’ rights to continue selling its innovative DBE solutions to others. While this arbitration was ongoing, Tesla initiated duplicative litigation in federal court, vaguely alleging that Matthews had stolen Tesla’s trade secrets, notwithstanding its agreement to arbitrate all such disputes. Given Tesla’s decision to file a public action against Matthews in June of 2024 and in light of the importance of the arbitrator’s ruling, Matthews is compelled to update the market on this matter.공시 • Jan 30Matthews International Declares Quarterly Dividend, Payable on February 24, 2025Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting on January 29, 2025, a dividend of $0.25 per share on the Company’s common stock. The dividend is payable February 24, 2025 to stockholders of record February 10, 2025.공시 • Jan 27Matthews International Corporation Announces Gregory S. Babe Will Not Stand for Re-Election as Board of DirectorsOn January 24, 2025, Gregory S. Babe informed Matthews International Corporation that he will not stand for re-election to the Company’s Board of Directors at the Company’s 2026 Annual Meeting of Shareholders.공시 • Jan 11Matthews International Corporation to Report Q1, 2025 Results on Feb 06, 2025Matthews International Corporation announced that they will report Q1, 2025 results After-Market on Feb 06, 2025공시 • Jan 09+ 1 more updateSouthern Graphic Systems, LLC agreed to acquire Schawk, Inc. from Matthews International Corporation (NasdaqGS:MATW) for $350 million.Southern Graphic Systems, LLC agreed to acquire Schawk, Inc. from Matthews International Corporation (NasdaqGS:MATW) for $350 million on January 7, 2025. Under the terms of the agreement, Matthews will realize $350 million of total upfront consideration, which will include $250 million in cash at closing, $50 million of preferred equity in the new entity and the retention of approximately $50 million in trade receivables under the Company’s securitization program. In addition, Matthews will receive a 40% interest in the common equity of the new entity. Matthews will also retain its German roto-gravure packaging business and other related investments currently within the SGK Brand Solutions reporting segment. Matthews expects the immediate cash proceeds from the transaction of approximately $250 million will be used predominantly for the repayment of debt while other consideration received in the future will also be used to reduce debt. The transaction is expected to be completed in mid-2025, subject to customary closing conditions, including regulatory approvals. J.P. Morgan Securities LLC is serving as financial advisor, K&L Gates LLP is serving as lead transaction counsel and Covington & Burling LLP is serving as antitrust counsel to Matthews on the transaction. Orrick, Herrington & Sutcliffe LLP is serving as legal counsel to SGS on the transaction.공시 • Jan 08Matthews International Corporation, Annual General Meeting, Feb 20, 2025Matthews International Corporation, Annual General Meeting, Feb 20, 2025.공시 • Dec 11Barington Capital Sends Letter to Matthews InternationalOn December 10, 2024, Barington Capital Group, L.P. announced that it has sent a letter to the Chairman of Matthews International Corporation stating that highlighting it's belief regarding the immediate need for new leadership at the Company and the steps the Company must take to improve long-term value for shareholders, called for the prompt replacement of CEO Joseph C. Bartolacci following 18 years of unacceptable capital allocation, dismal share price performance, poor execution and excessive spending. In addition, Barington Capital stated that it believes Company must also reduce indebtedness, explore options to divest underperforming businesses and improve corporate governance to unlock trapped value. Further, Barington Capital stated that it nominated 3 directors with strong boardroom skills and experience as well as proven track records of creating long-term value for shareholders in connection with the 2025 annual meeting of shareholders.공시 • Nov 21Matthews International Increases Quarterly Dividend, Payable on December 16, 2024Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting on November 20, 2024, a dividend of $0.25 per share on the Company’s common stock, representing an increase to the Company’s quarterly dividend rate. The dividend is payable December 16, 2024 to stockholders of record December 2, 2024.공시 • Nov 09Matthews International Corporation to Report Q4, 2024 Results on Nov 21, 2024Matthews International Corporation announced that they will report Q4, 2024 results After-Market on Nov 21, 2024Reported Earnings • Aug 02Third quarter 2024 earnings released: EPS: US$0.057 (vs US$0.28 in 3Q 2023)Third quarter 2024 results: EPS: US$0.057 (down from US$0.28 in 3Q 2023). Revenue: US$427.8m (down 9.3% from 3Q 2023). Net income: US$1.78m (down 80% from 3Q 2023). Profit margin: 0.4% (down from 1.9% in 3Q 2023). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Declared Dividend • Jul 29Second quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 5th August 2024 Payment date: 19th August 2024 Dividend yield will be 3.5%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but not covered by cash flows (214% cash payout ratio). The dividend has increased by an average of 8.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 130% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Jul 25Matthews International Corporation Declares Quarterly Dividend, Payable on August 19, 2024Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting held on July 24, 2024, a dividend of $0.24 per share on the Company’s common stock. The dividend is payable on August 19, 2024 to stockholders of record August 5, 2024.Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €24.68, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 13x in the Commercial Services industry in Germany. Total loss to shareholders of 7.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.45 per share.공시 • Jul 13Matthews International Corporation to Report Q3, 2024 Results on Aug 01, 2024Matthews International Corporation announced that they will report Q3, 2024 results After-Market on Aug 01, 2024공시 • Jul 03+ 1 more updateMatthews International Corporation(NasdaqGS:MATW) dropped from Russell Small Cap Comp Growth IndexMatthews International Corporation(NasdaqGS:MATW) dropped from Russell Small Cap Comp Growth Index공시 • Jun 19Matthews International Corporation Refutes Tesla AllegationsMatthews International Corporation announced on June 14, 2024, Tesla filed a complaint in Federal District Court in the Northern District of California. The claims stated in this threadbare complaint are utterly without merit and it intend to vigorously defend the matter. Notably, the complaint vaguely references trade secrets, but fails to identify even one trade secret that Tesla purportedly disclosed to Matthews. The company is continuing to evaluate this complaint and may pursue legal remedies. Contrary to the allegations in the complaint, Tesla’s lawsuit is simply a new tactic in their ongoing efforts to bully Matthews and improperly take Matthews’ valuable intellectual property. Furthermore, Tesla’s complaint attempts to restrict the company from offering its innovative solutions to others, preventing the market from significantly benefiting from the savings associated with its dry battery electrode (DBE) solutions, and thus interfering with Matthews’ ability to realize the value of its intellectual property.Reported Earnings • May 03Second quarter 2024 earnings released: EPS: US$0.29 (vs US$0.30 in 2Q 2023)Second quarter 2024 results: EPS: US$0.29 (down from US$0.30 in 2Q 2023). Revenue: US$471.2m (down 1.7% from 2Q 2023). Net income: US$9.03m (down 1.1% from 2Q 2023). Profit margin: 1.9% (in line with 2Q 2023). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Declared Dividend • Apr 29First quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 3rd May 2024 Payment date: 20th May 2024 Dividend yield will be 3.5%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (87% earnings payout ratio) and cash flows (81% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 106% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Apr 27Matthews International Corporation Appoints Francis Wlodarczyk to Board of DirectorsMatthews International Corporation announced that Francis Wlodarczyk has been appointed to the Companys Board of Directors. Mr. Wlodarczyk brings 35 years of experience in industrial automation, working with global and regional manufacturers in many industries, including automotive, material handling, packaging and consumer products. Most recently, Mr. Wlodarczyk served as Senior Vice President, Intelligent Devices at Rockwell Automation located in Milwaukee, Wisconsin. In this role, he led a multi-billion-dollar global business, responsible for strategic direction, growth, and profitability. Throughout his tenure at Rockwell Automation, Mr. Wlodarczyk served in multiple senior leadership positions in the U.S. and Europe, including roles in general management, strategy development, sales, business development and engineering. Mr. Wlodarczyks appointment to the Board of Directors is the result of an extensive process conducted by the Company. Mr. Wlodarczyk has been appointed to the class of directors whose terms expire at the 2026 Annual Meeting of the Shareholders of the Company.공시 • Apr 25Matthews International Corporation Declares Quarterly Dividend, Payable on May 20, 2024Matthews International Corporation announced that its board of directors declared, at its regularly scheduled meeting on April 24, 2024, a quarterly dividend of $0.24 per share on the company’s common stock. The dividend is payable May 20, 2024 to stockholders of record May 6, 2024.공시 • Apr 09Matthews International Corporation to Report Q2, 2024 Results on May 02, 2024Matthews International Corporation announced that they will report Q2, 2024 results After-Market on May 02, 2024Reported Earnings • Feb 02First quarter 2024 earnings released: US$0.074 loss per share (vs US$0.12 profit in 1Q 2023)First quarter 2024 results: US$0.074 loss per share (down from US$0.12 profit in 1Q 2023). Revenue: US$450.0m (flat on 1Q 2023). Net loss: US$2.30m (down 162% from profit in 1Q 2023). Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year.Declared Dividend • Jan 29Fourth quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 2nd February 2024 Payment date: 19th February 2024 Dividend yield will be 2.8%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but not covered by cash flows (102% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 58% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Jan 25Matthews International Declares Quarterly Dividend, Payable February 19, 2024Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting on January 24, 2024, a dividend of $0.24 per share on the Company’s common stock. The dividend is payable February 19, 2024 to stockholders of record February 5, 2024.공시 • Jan 06Matthews International Corporation to Report Q1, 2024 Results on Feb 01, 2024Matthews International Corporation announced that they will report Q1, 2024 results After-Market on Feb 01, 2024공시 • Jan 02Matthews International Corporation, Annual General Meeting, Feb 15, 2024Matthews International Corporation, Annual General Meeting, Feb 15, 2024, at 09:00 US Eastern Standard Time. Agenda: To elect four directors of the Company for a term of three years; to approve an amendment to the Company's Amended and Restated By-laws to limit the personal liability of the Company's officers for monetary damages; to ratify the appointment of Ernst & Young LLP as the independent registered public accounting firm to audit the records of the Company for the fiscal year ending September 30, 2024; to provide an advisory (non-binding) vote on the executive compensation of the Company's named executive officers; and to transact such other business as may properly come before the meeting.Reported Earnings • Nov 19Full year 2023 earnings released: EPS: US$1.28 (vs US$3.18 loss in FY 2022)Full year 2023 results: EPS: US$1.28 (up from US$3.18 loss in FY 2022). Revenue: US$1.88b (up 6.7% from FY 2022). Net income: US$39.3m (up US$139.1m from FY 2022). Profit margin: 2.1% (up from net loss in FY 2022). Revenue is forecast to grow 2.2% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.공시 • Nov 18Matthews International Corporation Provides Earnings Guidance for the Fiscal Year 2024Matthews International Corporation provided earnings guidance for the fiscal year 2024. For the year, the company expects another year of consolidated growth in sales.New Risk • Nov 17New major risk - Revenue and earnings growthEarnings have declined by 34% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Earnings have declined by 34% per year over the past 5 years. Minor Risk Paying a dividend despite being loss-making.공시 • Nov 17Matthews International Corporation Announces Quarterly Dividend on Common Stock, Payable on December 11, 2023Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting held on November 15, 2023, a dividend of $0.24 per share on the Company's common stock, representing an increase to the Company's quarterly dividend rate. The dividend is payable on December 11, 2023 to stockholders of record November 27, 2023.공시 • Nov 04Matthews International Corporation to Report Q4, 2023 Results on Nov 16, 2023Matthews International Corporation announced that they will report Q4, 2023 results After-Market on Nov 16, 2023Board Change • Nov 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 8 highly experienced directors. Director Aleta Richards was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Jul 28Third quarter 2023 earnings released: EPS: US$0.28 (vs US$0.093 in 3Q 2022)Third quarter 2023 results: EPS: US$0.28 (up from US$0.093 in 3Q 2022). Revenue: US$471.9m (up 12% from 3Q 2022). Net income: US$8.74m (up 202% from 3Q 2022). Profit margin: 1.9% (up from 0.7% in 3Q 2022). Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jul 27Matthews International Corporation Declares Quarterly Dividend, Payable on August 21, 2023Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting on July 26, 2023, a dividend of $0.23 per share on the Company’s common stock. The dividend is payable August 21, 2023 to stockholders of record August 7, 2023.공시 • Jul 08Matthews International Corporation to Report Q3, 2023 Results on Jul 27, 2023Matthews International Corporation announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Jul 27, 2023Reported Earnings • Apr 30Second quarter 2023 earnings released: EPS: US$0.29 (vs US$0.06 loss in 2Q 2022)Second quarter 2023 results: EPS: US$0.29 (up from US$0.06 loss in 2Q 2022). Revenue: US$479.6m (up 7.8% from 2Q 2022). Net income: US$9.13m (up US$11.0m from 2Q 2022). Profit margin: 1.9% (up from net loss in 2Q 2022). Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.공시 • Jan 29Matthews International Corporation Provides Consolidated Sales Guidance for the Reminder of Year 2023Matthews International Corporation provided consolidated sales guidance for the reminder of year 2023. As look forward to the balance of 2023, the company is expecting continued consolidated sales growth.Reported Earnings • Jan 27First quarter 2023 earnings released: EPS: US$0.12 (vs US$0.62 loss in 1Q 2022)First quarter 2023 results: EPS: US$0.12 (up from US$0.62 loss in 1Q 2022). Revenue: US$449.2m (up 2.4% from 1Q 2022). Net income: US$3.70m (up US$23.5m from 1Q 2022). Profit margin: 0.8% (up from net loss in 1Q 2022). Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.공시 • Jan 27Matthews International Corporation Declares Quarterly Dividend, Payable on February 20, 2023Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting held on January 25, 2023, a dividend of $0.23 per share on the company’s common stock. The dividend is payable February 20, 2023 to stockholders of record February 6, 2023.공시 • Jan 18Matthews International Corporation, Annual General Meeting, Feb 16, 2023Matthews International Corporation, Annual General Meeting, Feb 16, 2023, at 09:00 US Eastern Standard Time. Agenda: To elect three directors of the Company for a term of three years; to approve the adoption of the Amended and Restated 2019 Director Fee Plan; to ratify the appointment of Ernst & Young LLP as the independent registered public accounting firm to audit the records of the Company for the fiscal year ending September 30, 2023; to provide an advisory (non-binding) vote on the executive compensation of the Company’s named executive officers; to provide an advisory (non-binding) vote on the frequency of the advisory vote on the executive compensation of the Company’s named executive officers; and to transact such other business as may properly come before the meeting.공시 • Jan 13Matthews International Corporation to Report Q1, 2023 Results on Jan 26, 2023Matthews International Corporation announced that they will report Q1, 2023 results After-Market on Jan 26, 2023공시 • Dec 16Barington Capital Pushes for Board Changes at Matthews InternationalOn December 14, 2022, Barington Capital Group announced that it has built a stake in Matthews International Corp. and argues the Company needs to refresh its board, cut costs, and consider selling its packaging business once it can be fixed up. Barington Capital’s Chief Executive Officer James Mitarotonda stated that the Company is undervalued after years of mismanagement and underperformance relative to its peers.Reported Earnings • Nov 20Full year 2022 earnings released: US$3.18 loss per share (vs US$0.092 profit in FY 2021)Full year 2022 results: US$3.18 loss per share (down from US$0.092 profit in FY 2021). Revenue: US$1.76b (up 5.5% from FY 2021). Net loss: US$99.8m (down US$102.7m from profit in FY 2021). Revenue is forecast to grow 2.1% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.공시 • Nov 18Matthews International Corporation Provides Consolidated Earnings Guidance for the Fiscal Year 2023Matthews International Corporation provided consolidated earnings guidance for the fiscal year 2023. For the fiscal year 2023, the company is currently projecting another year of consolidated sales growth.공시 • Nov 17Matthews International Corporation Increases Quarterly Dividend, Payable on December 12, 2022Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting on November 16, 2022, a dividend of $0.23 per share on the Company’s common stock, representing an increase to the Company’s quarterly dividend rate. The dividend is payable December 12, 2022 to stockholders of record November 28, 2022.Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 7 highly experienced directors. Independent Director Lillian Etzkorn was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Oct 28Matthews International Corporation to Report Q4, 2022 Results on Nov 17, 2022Matthews International Corporation announced that they will report Q4, 2022 results After-Market on Nov 17, 2022공시 • Aug 18Matthews International Corporation (NasdaqGS:MATW) completed the acquisition of OLBRICH GmbH and R+S Automotive GmbH.Matthews International Corporation (NasdaqGS:MATW) entered into an agreement to acquire OLBRICH GmbH and R+S Automotive GmbH for €43 million on June 21, 2022. OLBRICH and R+S Automotive have combined annual revenues in excess of €94.96 million. The closing of the transaction is subject to certain regulatory authority approvals, which is expected to be timely secured in July of 2022. The closing of the transaction is expected in the fourth quarter of fiscal year ending September 2022. Dr Thomas Kuhnle, Dr Axel Mühl, Carsten Andreas Senze, Gunnar Müller-Henneberg, Dr Marco Arteaga, Dr Sebastian Felix Janka, Dr Steffen Gaber, Christoph Schauenburg and Thomas Weidlich of Luther Rechtsanwaltsgesellschaft mbH acted as legal advisor to Matthews International. Dr Oliver Künzler of Wenger Plattner and Jan Kohout of PRK Partners s.r.o. advokátní kanceláø acted as legal advisors to Matthews International. Matthews International Corporation (NasdaqGS:MATW) completed the acquisition of OLBRICH GmbH and R+S Automotive GmbH on August 17, 2022.Reported Earnings • Jul 30Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: US$421.7m (down 1.6% from 3Q 2021). Net income: US$2.89m (down 14% from 3Q 2021). Profit margin: 0.7% (down from 0.8% in 3Q 2021). Over the next year, revenue is forecast to stay flat compared to a 5.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.공시 • Jul 28Matthews International Corporation Declares Quarterly Dividend, Payable on August 22, 2022Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting, a dividend of $0.22 per share on the Company’s common stock. The dividend is payable August 22, 2022 to stockholders of record August 8, 2022.공시 • Jul 07Matthews International Corporation to Report Q3, 2022 Results on Jul 28, 2022Matthews International Corporation announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Jul 28, 2022공시 • Jun 22Matthews International Corporation (NasdaqGS:MATW) entered into an agreement to acquire OLBRICH GmbH / R+S Automotive GmbH for €43 million.Matthews International Corporation (NasdaqGS:MATW) entered into an agreement to acquire OLBRICH GmbH and R+S Automotive GmbH for €43 million on June 21, 2022. OLBRICH and R+S Automotive have combined annual revenues in excess of $100 million(€94.96 million).The closing of the transaction is subject to certain regulatory authority approvals, which is expected to be timely secured in July of 2022.Reported Earnings • Apr 30Second quarter 2022 earnings released: US$0.06 loss per share (vs US$0.16 profit in 2Q 2021)Second quarter 2022 results: US$0.06 loss per share (down from US$0.16 profit in 2Q 2021). Revenue: US$445.0m (up 6.7% from 2Q 2021). Net loss: US$1.91m (down 138% from profit in 2Q 2021). Over the next year, revenue is forecast to stay flat compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year.Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. Independent Director Lillian Etzkorn was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Apr 09Matthews International Corporation to Report Q2, 2022 Results on Apr 28, 2022Matthews International Corporation announced that they will report Q2, 2022 results After-Market on Apr 28, 2022Buying Opportunity • Mar 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.2%. The fair value is estimated to be US$37.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. The company became loss making over the last 3 years.Buying Opportunity • Mar 04Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 5.1%. The fair value is estimated to be US$37.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. The company became loss making over the last 3 years.공시 • Feb 25Matthews International Corporation Appoints Board ChangesMatthews International Corporation announced that, following the Company’s Annual Shareholders Meeting last week, its Board of Directors elected Alvaro Garcia-Tunon as the Company’s Chairman of the Board. Mr. Garcia-Tunon succeeds John D. Turner, a member of the Board since 1999 and Chairman of the Board since 2010. Mr. Turner retired from the Board upon the completion of his term. Alvaro Garcia-Tunon, who joined the Board in 2009, retired as the Chief Financial Officer of Wabtec Corporation, a provider of products and services for the global rail industry in 2014, while continuing to serve as a strategic advisor through 2017.Buying Opportunity • Feb 12Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be US$36.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. The company became loss making over the last 3 years.Reported Earnings • Jan 29First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2022 results: US$0.62 loss per share (down from US$0.055 loss in 1Q 2021). Revenue: US$438.6m (up 13% from 1Q 2021). Net loss: US$19.8m (loss widened US$18.0m from 1Q 2021). Revenue exceeded analyst estimates by 12%. Over the next year, revenue is expected to shrink by 1.3% compared to a 23% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.공시 • Jan 28Matthews International Corporation Declares Quarterly Dividend, Payable on February 21, 2022Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting held on January 27, 2022, a dividend of $0.22 per share on the company’s common stock. The dividend is payable February 21, 2022 to stockholders of record February 7, 2022.Reported Earnings • Nov 19Full year 2021 earnings released: EPS US$0.09 (vs US$2.79 loss in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: US$1.67b (up 12% from FY 2020). Net income: US$2.91m (up US$90.1m from FY 2020). Profit margin: 0.2% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Reported Earnings • Jul 31Third quarter 2021 earnings released: EPS US$0.10 (vs US$0.073 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$428.4m (up 19% from 3Q 2020). Net income: US$3.36m (up 48% from 3Q 2020). Profit margin: 0.8% (up from 0.6% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance.공시 • May 12Matthews International Corporation (NasdaqGS:MATW) acquired assets of Terrella Energy Systems, Ltd.Matthews International Corporation (NasdaqGS:MATW) acquired assets of Terrella Energy Systems, Ltd. on May 11, 2021. As a result of the transaction, Terrella will now be part of Matthews’ Saueressig Engineering business. Included with this acquisition is Terrella's bipolar plate production facility in Phoenix, Arizona. Matthews International Corporation (NasdaqGS:MATW) completed the acquisition of assets of Terrella Energy Systems, Ltd. on May 11, 2021.Reported Earnings • May 02Second quarter 2021 earnings released: EPS US$0.16 (vs US$2.77 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$417.2m (up 11% from 2Q 2020). Net income: US$4.99m (up US$91.4m from 2Q 2020). Profit margin: 1.2% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.공시 • Apr 29Matthews International Corporation Declares Quarterly Dividend, Payable May 24, 2021Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting on April 28, 2021, a dividend of $0.215 per share on the Company's common stock. The dividend is payable May 24, 2021 to stockholders of record May 10, 2021.Recent Insider Transactions • Mar 13Director recently sold €173k worth of stockOn the 8th of March, David Schawk sold around 5k shares on-market at roughly €34.58 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €263k more than they bought in the last 12 months.Is New 90 Day High Low • Feb 22New 90-day high: €28.40The company is up 19% from its price of €23.80 on 24 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Commercial Services industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €110 per share.이익 및 매출 성장 예측DB:MW1A - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수9/30/20281,05035N/AN/A19/30/20271,06113577429/30/20261,0792920023/31/20261,21210-99-72N/A12/31/20251,38123-82-51N/A9/30/20251,498-24-59-24N/A6/30/20251,626-65-362N/A3/31/20251,704-79-931N/A12/31/20241,748-614182N/A9/30/20241,796-603479N/A6/30/20241,82926-146N/A3/31/20241,873331465N/A12/31/20231,882333688N/A9/30/20231,881392980N/A6/30/20231,858-5962119N/A3/31/20231,808-654299N/A12/31/20221,773-7657118N/A9/30/20221,762-10066127N/A6/30/20221,744-2290140N/A3/31/20221,751-2297143N/A12/31/20211,723-1561100N/A9/30/20211,6713128163N/A6/30/20211,63114130164N/A3/31/20211,56213175207N/A12/31/20201,520-78178210N/A9/30/20201,498-87146180N/A6/30/20201,492-166134165N/A3/31/20201,511-153114152N/A12/31/20191,528-52N/A128N/A9/30/20191,537-38N/A131N/A6/30/20191,55263N/A154N/A3/31/20191,58573N/A137N/A12/31/20181,60775N/A148N/A9/30/20181,603107N/A148N/A6/30/20181,59197N/A136N/A3/31/20181,569102N/A161N/A12/31/20171,53699N/A141N/A9/30/20171,51674N/A149N/A6/30/20171,49779N/A138N/A3/31/20171,48973N/A133N/A12/31/20161,47572N/A146N/A9/30/20161,48067N/A140N/A6/30/20161,47260N/A137N/A3/31/20161,45459N/A141N/A12/31/20151,43754N/A143N/A9/30/20151,42663N/A141N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: MW1A 의 연간 예상 수익 증가율(24.2%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: MW1A 의 연간 수익(24.2%)이 German 시장(16.9%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: MW1A 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: MW1A 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -5.4%).고성장 매출: MW1A 의 수익은 향후 3년 동안 감소할 것으로 예상됩니다(연간 -5.4%).주당순이익 성장 예측향후 자기자본이익률미래 ROE: MW1A의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YConsumer-services 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/12 05:52종가2026/07/10 00:00수익2026/03/31연간 수익2025/09/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Matthews International Corporation는 5명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Liam BurkeBrean Capital Historical (Janney Montgomery)Liam BurkeB. Riley Securities, Inc.Daniel MooreCJS Securities, Inc.2명의 분석가 더 보기
공시 • Nov 18Matthews International Corporation Provides Earnings Guidance for the Fiscal Year 2024Matthews International Corporation provided earnings guidance for the fiscal year 2024. For the year, the company expects another year of consolidated growth in sales.
공시 • Jan 29Matthews International Corporation Provides Consolidated Sales Guidance for the Reminder of Year 2023Matthews International Corporation provided consolidated sales guidance for the reminder of year 2023. As look forward to the balance of 2023, the company is expecting continued consolidated sales growth.
공시 • Nov 18Matthews International Corporation Provides Consolidated Earnings Guidance for the Fiscal Year 2023Matthews International Corporation provided consolidated earnings guidance for the fiscal year 2023. For the fiscal year 2023, the company is currently projecting another year of consolidated sales growth.
공시 • May 02Matthews International Declares Quarterly Dividend, Payable on May 25, 2026Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting, a dividend of $0.255 per share on the Company's common stock. The dividend is payable May 25, 2026 to stockholders of record May 11, 2026.
공시 • Apr 11Matthews International Corporation to Report Q2, 2026 Results on Apr 30, 2026Matthews International Corporation announced that they will report Q2, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 30, 2026
공시 • Feb 20Matthews International Corporation Announces Management ChangesMatthews International Corporation at its Annual Meeting of Shareholders held on February 19, 2026 selected J. Michael Nauman to replace Alvaro Garcia-Tunon as Chairman of the Board. Mr. Nauman was first appointed to Matthews' Board of Directors in February 2025. Retired as President, Chief Executive Officer, and Director of Brady Corporation, and previously of Molex Incorporated, Ohio Associate Enterprises, and Arthur Andersen and Co., Mr. Nauman is a highly experienced executive with over 35 years of commercial, strategic, and financial expertise.
공시 • Jan 29Matthews International Corporation Declares Quarterly Dividend, Payable on February 23, 2026Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting on January 28, 2026, a dividend of $0.255 per share on the Company's common stock. The dividend is payable February 23, 2026 to stockholders of record February 9, 2026.
공시 • Jan 21Matthews International Corporation, Annual General Meeting, Feb 19, 2026Matthews International Corporation, Annual General Meeting, Feb 19, 2026.
공시 • Jan 10Matthews International Corporation to Report Q1, 2026 Results on Feb 03, 2026Matthews International Corporation announced that they will report Q1, 2026 results After-Market on Feb 03, 2026
공시 • Jan 02Duravant LLC completed the acquisition of Warehouse Automation Business of Matthews International Corporation (NasdaqGS:MATW) for $232.1 million.Duravant LLC signed a definitive agreement to acquire Warehouse Automation Business of Matthews International Corporation (NasdaqGS:MATW) for $230 million on November 13, 2025. The consideration comprises $223.3 million in cash and the assumption of certain liabilities. The cash proceeds from the sale will be used to reduce debt and strengthen balance sheet. The Warehouse Automation business will become part of Duravant’s Material Handling operating group. The Warehouse Automation business generated $72 million in sales for fiscal 2025. The transaction is subject to customary regulatory approvals and is expected to close before the end of Matthews' fiscal 2026 second quarter. The total purchase price represents a compelling valuation multiple that is significantly accretive to Matthews' current trading range. J.P. Morgan Securities LLC acted as financial advisor for Matthews International Corporation. K&L Gates LLP acted as legal advisor for Matthews International Corporation. Duravant LLC completed the acquisition of Warehouse Automation Business of Matthews International Corporation (NasdaqGS:MATW) for $232.1 million on December 31, 2025.
공시 • Nov 20+ 1 more updateMatthews International Corporation Announces Board ChangesMatthews International Corporation announced that its Board of Directors has unanimously elected J. Michael Nauman to serve as the next Chairman of the Board, effective following the 2026 Annual Meeting of Shareholders. Mr. Nauman will succeed Alvaro Garcia-Tunon, who has served as Chair since 2022 and will retire from the Board when his term expires at the Annual Meeting. Mr. Nauman is a highly experienced executive with over 35 years of commercial, strategic, and financial expertise. Mr. Nauman was first elected to the Matthews Board at the 2025 Annual Meeting of Shareholders, where he received the highest level of support among all nominees. He previously served as President, Chief Executive Officer, and Director of Brady Corporation, a provider of identification and safety products, and as Executive Vice President of the Integrated Products Division at Molex overseeing global operations across multiple end markets.
공시 • Nov 08Matthews International Corporation to Report Q4, 2025 Results on Nov 20, 2025Matthews International Corporation announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 20, 2025
공시 • Sep 25Matthews International Corporation Unveils Its Proprietary Axian Inkjet (Xij) Printing TechnologyMatthews International Corporation announced that its business, Matthews Marking Systems, is unveiling its proprietary Axian Inkjet (XIJ) printing technology, a breakthrough innovation redefining high-speed, high-resolution product marking for consumer-packaged goods (CPG) and fast-moving consumer goods (FMCG) industries. Utilizing XIJ, the new MPERIA®? Axian XIJ AX1000 Series printer (scheduled to launch next week at the 2025 Pack Expo in Las Vegas) merges the best attributes of Continuous Inkjet (CIJ) and Thermal Inkjet (TIJ) into a single, high-performance platform. Developed by Matthews Marking Systems engineers, XIJ leverages proprietary micro-electromechanical systems (MEMS) technology to deliver a column of ink droplets simultaneously--unlike traditional CIJ systems that eject droplets sequentially. This enables crisp, consistent, high-resolution marks at unprecedented speeds. Key Advantages of XIJ Technology: Simultaneously prints 2D codes and multi-line text without reducing line speed; Lowered total cost of ownership (TCO) by eliminating make up fluids and reducing maintenance costs; Full print resolution at faster speeds compared to CIJ; User adjustable ink controls for clear, high-quality marks. XIJ vs. Traditional Inkjet: Feature Traditional Inkjet (CIJ/TIJ) MEMS-Based (Axian XIJ) Valve Control Mechanical/Electromagnetic Micro-valve MEMS Resolution at 8mm Up to 70 DPI 100 DPI; The Maintenance Complex, frequent Simple, infrequent; Make Up Fluids As needed; Environmental Impact Solvent fumes (CIJ only) Closed system, eco-friendly; Speed & Flexibility Limited for 2D codes (CIJ only) Full speed, 2D/linear codes; Closed Ink System for Eco-Friendly Operation: The MPERIA®? Axians XIJ features a closed ink system that eliminates the need for solvent additives, reducing emissions and supporting sustainable operations. The system draws less than 25 watts of power and is housed in a stainless-steel enclosure for nearly maintenance-free use. Performance Highlights: Speed: Up to 200 ft/min (60 m/min); Resolution: Up to 100 DPI; Print Height: Up to 0.50" (13 mm); Lines of Text: Up to five; throw Distance: 8 mm (optimal); Startup Time: Under one minute; Ink System: Single 800 ml cartridge, no make-up solvent required. Versatile Substrate Compatibility:XIJ technology enables confident marking on a wide range of materials, including: Flexible films (PET, OPP); Coated cardboard and chipboard; Plastics (PVC, HDPE, LDPE); Environmental & Operational Benefits; Closed system: No solvent fumes or emissions; Lower power consumption: Reduced carbon footprint; Compact design: Easy to install and position on manufacturing lines.
공시 • Aug 20+ 1 more updateMatthews International Corporation Announces Executive ChangesMatthews International Corporation announced that Steven F. Nicola Treasurer, has advised the Company’s Board of Directors (the “Board”) of his plans to retire effective December 31, 2025, after more than three decades of dedicated service. Mr. Nicola joined Matthews in 1992 and has served as CFO since 2003. Throughout his tenure, he played a pivotal role in guiding the Company’s financial strategy, governance, and growth. The Board has named Daniel E. Stopar to succeed Mr. Nicola as Treasurer, effective December 1, 2025. Mr. Stopar, who joined Matthews in 2013, has extensive experience in financial, accounting and reporting matters and has held various executive financial roles with the Company, most recently as Senior Vice President, Operations Controller and Head of Global Business Services. Prior to joining Matthews, Mr. Stopar served in several financial leadership roles for Royal Philips Electronics and Respironics Inc.
공시 • Jul 31Matthews International Corporation Declares a Dividend, Payable on August 25, 2025Matthews International Corporation announced that its Board of Directors declared a dividend of $0.25 per share on the Company’s common stock. The dividend is payable August 25, 2025 to stockholders of record August 11, 2025.
공시 • Jul 11Matthews International Corporation to Report Q3, 2025 Results on Aug 05, 2025Matthews International Corporation announced that they will report Q3, 2025 results After-Market on Aug 05, 2025
공시 • Jun 30+ 1 more updateMatthews International Corporation(NasdaqGS:MATW) dropped from Russell 2000 Value-Defensive IndexMatthews International Corporation(NasdaqGS:MATW) dropped from Russell 2000 Value-Defensive Index
공시 • May 01Matthews International Declares Quarterly Dividend, Payable on May 26, 2025Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting a dividend of $0.25 per share on the Company’s common stock. The dividend is payable May 26, 2025 to stockholders of record May 12, 2025.
공시 • Apr 12Matthews International Corporation to Report Q2, 2025 Results on Apr 30, 2025Matthews International Corporation announced that they will report Q2, 2025 results After-Market on Apr 30, 2025
공시 • Mar 13Matthews International Corporation has filed a Follow-on Equity Offering.Matthews International Corporation has filed a Follow-on Equity Offering. Security Name: Class A Common Stock Security Type: Common Stock Securities Offered: 1,250,000 Transaction Features: At the Market Offering
공시 • Feb 22Matthews International Corporation Elects J. Michael Nauman as DirectorMatthews International Corporation at its Annual Meeting of Shareholders held on February 20, 2025 elected J. Michael Nauman as director for a term of three years. He was elected to serve until the Company’s 2028 Annual Meeting of Shareholders and until his successor is elected and qualified or until his earlier death, resignation or removal.
공시 • Feb 19+ 2 more updatesBarington Capital Reminds Matthews International Shareholders to Cast their VoteOn February 19, 2025, Barington Capital Group L P reminds Matthews International Corporation shareholders that Annual Meeting of Shareholders presents a critical opportunity to help the Company restore good governance, market credibility and long-term value creation through the election of its nominees Ana Amicarella, Chan Galbato and James Mitarotonda to the Company's Board of Directors. In addition, Barington criticizes the current Board for poor governance, share price underperformance, and not holding the CEO accountable, and asked the Company shareholders in casting their votes consider the current Board has overseen an inordinately long period of share price underperformance, current Board's last-minute actions are a desperate attempt to placate shareholders, independent proxy advisors’ recommendations regarding board nominations. Barington Capital urged the shareholders to vote for its board nominees at the annual meeting of shareholders.
공시 • Feb 18+ 1 more updateBarington Capital Provides Information to Shareholders of Matthews InternationalOn February 18, 2025, Barington Capital Group L P criticized the Matthews International Corporation current Board for 18 years of underperformance, poor capital allocation, and weak corporate governance, and a vote for its nominees is a vote in favour of the relevant skills, board experience, independent perspectives and fierce commitment to shareholders required to help drive good governance and long-term value creation at the Company. In addition, Barington Capita stated that the Company has made recent governance changes, such as declassifying its Board and implementing a majority voting standard, which Barington believes are attempts to placate shareholders, and independent proxy advisory firms ISS, Glass Lewis, and Egan-Jones recommend voting for Barington’s nominees. Further, Barington Capital urges Company shareholders to vote for their nominees Ana Amicarella, Chan Galbato, and James Mitarotonda to the Board of Directors, and emphasizes the importance of this election for the future of Company’s and urges shareholders to vote for their nominees to drive long-term value creation.
공시 • Feb 17Matthews International Corporation Appoints Thomas Gebhardt to the Board of DirectorsMatthews International Corporation announced that Thomas Gebhardt has been appointed to the company’s board of directors, effective immediately. As previously announced on January 24, 2025, Gregory S. Babe informed Matthews that he would not stand for re-election to the Company’s Board at the 2026 Annual Meeting of Shareholders. As a result of the addition of Mr. Gebhardt to the Matthews Board, Mr. Babe has resigned from the Board, effective immediately. Mr. Gebhardt brings deep industrial automation and battery expertise to Matthews, including over 30 years of experience at Panasonic where he most recently served as Chairman and Chief Executive Officer of Panasonic’s North American business. Under his leadership at Panasonic, the company transitioned from a consumer electronics firm to a successful provider of devices and systems solutions in the industrial and technology sectors. Mr. Gebhardt is recognized for having significantly expanded the company’s presence in Automotive, growing the business to more than $2.8 billion in revenue over a five-year period. In batteries specifically, he grew the business from multi millions to billions of dollars in revenue. Notably, Mr. Gebhardt led Panasonic’s partnership with Toyota and was intimately involved with the development of the exclusive supply relationship between Panasonic and Tesla, including leading Tesla’s Reno based Gigafactory project, which produces the majority of lithium batteries for Tesla’s electric vehicles. Most recently, Mr. Gebhardt served as Interim CEO of Imprint Energy, a printable battery printing company that was acquired by CCL Industries in 2023.
공시 • Feb 15+ 1 more updateAlvaro Garcia-Tunon to Retire from the Board of Matthews International CorporationMatthews International Corporation announced a Board refreshment plan and corporate governance enhancements in furtherance of its commitment to enhance long-term shareholder value. The Matthews Board of Directors intends to effect an orderly transition of the Board Chair role. The Board will appoint a new independent Board Chair by the next annual meeting in 2026, and current Board Chair Alvaro Garcia-Tunon will retire from the Board at the 2026 Annual Meeting of Shareholders.
공시 • Feb 13Barington Capital Sends Letter to Shareholders of Matthews InternationalOn February 12, 2025, Barington Capital Group, L.P. sent a letter to Matthews International Corporation’s shareholders highlighting unanimous support for the election of its director nominees – Ana B. Amicarella, Chan W. Galbato, and James Mitarotonda – to the Company’s Board of Directors by all 3 independent proxy advisory firms, ISS, Glass Lewis and Egan-Jones, as well as the Company’s dismal fiscal 2025 first quarter earnings results. Barington Capital also stated that it has uploaded material to https://barington.com/matthews.
공시 • Feb 06Matthews International Announces Positive Ruling in Arbitration with TeslaMatthews International Corporation provided an update on the ongoing business dispute involving Tesla. On February 5, 2025, an arbitrator issued a decision on an arbitration demand filed by Matthews against Tesla in January 2024. This ruling acknowledged Matthews’ extensive, pre-Tesla background in manufacturing advanced Dry Battery Electrode (“DBE”) technology and affirmed that the Company has the right to sell its solutions to customers other than Tesla. Matthews intends to immediately resume marketing, selling and delivering its DBE products to other customers in the growing electric vehicle market, where battery and automobile equipment manufacturers from around the world seek to adopt Matthews’ innovative solutions. On November 5, 2024, Matthews was awarded U.S. Patent No. 12,136,727 B2 entitled Systems for Manufacturing a Dry Electrode, and Matthews expects this foundational work to lead to further innovations and developments to support the expanding DBE industry. After exhausting efforts to negotiate a resolution to a dispute with its DBE customer Tesla that arose over a year ago, Matthews was forced to seek a declaratory judgment in a binding arbitration regarding Matthews’ rights to continue selling its innovative DBE solutions to others. While this arbitration was ongoing, Tesla initiated duplicative litigation in federal court, vaguely alleging that Matthews had stolen Tesla’s trade secrets, notwithstanding its agreement to arbitrate all such disputes. Given Tesla’s decision to file a public action against Matthews in June of 2024 and in light of the importance of the arbitrator’s ruling, Matthews is compelled to update the market on this matter.
공시 • Jan 30Matthews International Declares Quarterly Dividend, Payable on February 24, 2025Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting on January 29, 2025, a dividend of $0.25 per share on the Company’s common stock. The dividend is payable February 24, 2025 to stockholders of record February 10, 2025.
공시 • Jan 27Matthews International Corporation Announces Gregory S. Babe Will Not Stand for Re-Election as Board of DirectorsOn January 24, 2025, Gregory S. Babe informed Matthews International Corporation that he will not stand for re-election to the Company’s Board of Directors at the Company’s 2026 Annual Meeting of Shareholders.
공시 • Jan 11Matthews International Corporation to Report Q1, 2025 Results on Feb 06, 2025Matthews International Corporation announced that they will report Q1, 2025 results After-Market on Feb 06, 2025
공시 • Jan 09+ 1 more updateSouthern Graphic Systems, LLC agreed to acquire Schawk, Inc. from Matthews International Corporation (NasdaqGS:MATW) for $350 million.Southern Graphic Systems, LLC agreed to acquire Schawk, Inc. from Matthews International Corporation (NasdaqGS:MATW) for $350 million on January 7, 2025. Under the terms of the agreement, Matthews will realize $350 million of total upfront consideration, which will include $250 million in cash at closing, $50 million of preferred equity in the new entity and the retention of approximately $50 million in trade receivables under the Company’s securitization program. In addition, Matthews will receive a 40% interest in the common equity of the new entity. Matthews will also retain its German roto-gravure packaging business and other related investments currently within the SGK Brand Solutions reporting segment. Matthews expects the immediate cash proceeds from the transaction of approximately $250 million will be used predominantly for the repayment of debt while other consideration received in the future will also be used to reduce debt. The transaction is expected to be completed in mid-2025, subject to customary closing conditions, including regulatory approvals. J.P. Morgan Securities LLC is serving as financial advisor, K&L Gates LLP is serving as lead transaction counsel and Covington & Burling LLP is serving as antitrust counsel to Matthews on the transaction. Orrick, Herrington & Sutcliffe LLP is serving as legal counsel to SGS on the transaction.
공시 • Jan 08Matthews International Corporation, Annual General Meeting, Feb 20, 2025Matthews International Corporation, Annual General Meeting, Feb 20, 2025.
공시 • Dec 11Barington Capital Sends Letter to Matthews InternationalOn December 10, 2024, Barington Capital Group, L.P. announced that it has sent a letter to the Chairman of Matthews International Corporation stating that highlighting it's belief regarding the immediate need for new leadership at the Company and the steps the Company must take to improve long-term value for shareholders, called for the prompt replacement of CEO Joseph C. Bartolacci following 18 years of unacceptable capital allocation, dismal share price performance, poor execution and excessive spending. In addition, Barington Capital stated that it believes Company must also reduce indebtedness, explore options to divest underperforming businesses and improve corporate governance to unlock trapped value. Further, Barington Capital stated that it nominated 3 directors with strong boardroom skills and experience as well as proven track records of creating long-term value for shareholders in connection with the 2025 annual meeting of shareholders.
공시 • Nov 21Matthews International Increases Quarterly Dividend, Payable on December 16, 2024Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting on November 20, 2024, a dividend of $0.25 per share on the Company’s common stock, representing an increase to the Company’s quarterly dividend rate. The dividend is payable December 16, 2024 to stockholders of record December 2, 2024.
공시 • Nov 09Matthews International Corporation to Report Q4, 2024 Results on Nov 21, 2024Matthews International Corporation announced that they will report Q4, 2024 results After-Market on Nov 21, 2024
Reported Earnings • Aug 02Third quarter 2024 earnings released: EPS: US$0.057 (vs US$0.28 in 3Q 2023)Third quarter 2024 results: EPS: US$0.057 (down from US$0.28 in 3Q 2023). Revenue: US$427.8m (down 9.3% from 3Q 2023). Net income: US$1.78m (down 80% from 3Q 2023). Profit margin: 0.4% (down from 1.9% in 3Q 2023). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Declared Dividend • Jul 29Second quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 5th August 2024 Payment date: 19th August 2024 Dividend yield will be 3.5%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but not covered by cash flows (214% cash payout ratio). The dividend has increased by an average of 8.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 130% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Jul 25Matthews International Corporation Declares Quarterly Dividend, Payable on August 19, 2024Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting held on July 24, 2024, a dividend of $0.24 per share on the Company’s common stock. The dividend is payable on August 19, 2024 to stockholders of record August 5, 2024.
Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €24.68, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 13x in the Commercial Services industry in Germany. Total loss to shareholders of 7.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.45 per share.
공시 • Jul 13Matthews International Corporation to Report Q3, 2024 Results on Aug 01, 2024Matthews International Corporation announced that they will report Q3, 2024 results After-Market on Aug 01, 2024
공시 • Jul 03+ 1 more updateMatthews International Corporation(NasdaqGS:MATW) dropped from Russell Small Cap Comp Growth IndexMatthews International Corporation(NasdaqGS:MATW) dropped from Russell Small Cap Comp Growth Index
공시 • Jun 19Matthews International Corporation Refutes Tesla AllegationsMatthews International Corporation announced on June 14, 2024, Tesla filed a complaint in Federal District Court in the Northern District of California. The claims stated in this threadbare complaint are utterly without merit and it intend to vigorously defend the matter. Notably, the complaint vaguely references trade secrets, but fails to identify even one trade secret that Tesla purportedly disclosed to Matthews. The company is continuing to evaluate this complaint and may pursue legal remedies. Contrary to the allegations in the complaint, Tesla’s lawsuit is simply a new tactic in their ongoing efforts to bully Matthews and improperly take Matthews’ valuable intellectual property. Furthermore, Tesla’s complaint attempts to restrict the company from offering its innovative solutions to others, preventing the market from significantly benefiting from the savings associated with its dry battery electrode (DBE) solutions, and thus interfering with Matthews’ ability to realize the value of its intellectual property.
Reported Earnings • May 03Second quarter 2024 earnings released: EPS: US$0.29 (vs US$0.30 in 2Q 2023)Second quarter 2024 results: EPS: US$0.29 (down from US$0.30 in 2Q 2023). Revenue: US$471.2m (down 1.7% from 2Q 2023). Net income: US$9.03m (down 1.1% from 2Q 2023). Profit margin: 1.9% (in line with 2Q 2023). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Declared Dividend • Apr 29First quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 3rd May 2024 Payment date: 20th May 2024 Dividend yield will be 3.5%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (87% earnings payout ratio) and cash flows (81% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 106% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Apr 27Matthews International Corporation Appoints Francis Wlodarczyk to Board of DirectorsMatthews International Corporation announced that Francis Wlodarczyk has been appointed to the Companys Board of Directors. Mr. Wlodarczyk brings 35 years of experience in industrial automation, working with global and regional manufacturers in many industries, including automotive, material handling, packaging and consumer products. Most recently, Mr. Wlodarczyk served as Senior Vice President, Intelligent Devices at Rockwell Automation located in Milwaukee, Wisconsin. In this role, he led a multi-billion-dollar global business, responsible for strategic direction, growth, and profitability. Throughout his tenure at Rockwell Automation, Mr. Wlodarczyk served in multiple senior leadership positions in the U.S. and Europe, including roles in general management, strategy development, sales, business development and engineering. Mr. Wlodarczyks appointment to the Board of Directors is the result of an extensive process conducted by the Company. Mr. Wlodarczyk has been appointed to the class of directors whose terms expire at the 2026 Annual Meeting of the Shareholders of the Company.
공시 • Apr 25Matthews International Corporation Declares Quarterly Dividend, Payable on May 20, 2024Matthews International Corporation announced that its board of directors declared, at its regularly scheduled meeting on April 24, 2024, a quarterly dividend of $0.24 per share on the company’s common stock. The dividend is payable May 20, 2024 to stockholders of record May 6, 2024.
공시 • Apr 09Matthews International Corporation to Report Q2, 2024 Results on May 02, 2024Matthews International Corporation announced that they will report Q2, 2024 results After-Market on May 02, 2024
Reported Earnings • Feb 02First quarter 2024 earnings released: US$0.074 loss per share (vs US$0.12 profit in 1Q 2023)First quarter 2024 results: US$0.074 loss per share (down from US$0.12 profit in 1Q 2023). Revenue: US$450.0m (flat on 1Q 2023). Net loss: US$2.30m (down 162% from profit in 1Q 2023). Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year.
Declared Dividend • Jan 29Fourth quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 2nd February 2024 Payment date: 19th February 2024 Dividend yield will be 2.8%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but not covered by cash flows (102% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 58% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Jan 25Matthews International Declares Quarterly Dividend, Payable February 19, 2024Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting on January 24, 2024, a dividend of $0.24 per share on the Company’s common stock. The dividend is payable February 19, 2024 to stockholders of record February 5, 2024.
공시 • Jan 06Matthews International Corporation to Report Q1, 2024 Results on Feb 01, 2024Matthews International Corporation announced that they will report Q1, 2024 results After-Market on Feb 01, 2024
공시 • Jan 02Matthews International Corporation, Annual General Meeting, Feb 15, 2024Matthews International Corporation, Annual General Meeting, Feb 15, 2024, at 09:00 US Eastern Standard Time. Agenda: To elect four directors of the Company for a term of three years; to approve an amendment to the Company's Amended and Restated By-laws to limit the personal liability of the Company's officers for monetary damages; to ratify the appointment of Ernst & Young LLP as the independent registered public accounting firm to audit the records of the Company for the fiscal year ending September 30, 2024; to provide an advisory (non-binding) vote on the executive compensation of the Company's named executive officers; and to transact such other business as may properly come before the meeting.
Reported Earnings • Nov 19Full year 2023 earnings released: EPS: US$1.28 (vs US$3.18 loss in FY 2022)Full year 2023 results: EPS: US$1.28 (up from US$3.18 loss in FY 2022). Revenue: US$1.88b (up 6.7% from FY 2022). Net income: US$39.3m (up US$139.1m from FY 2022). Profit margin: 2.1% (up from net loss in FY 2022). Revenue is forecast to grow 2.2% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Nov 18Matthews International Corporation Provides Earnings Guidance for the Fiscal Year 2024Matthews International Corporation provided earnings guidance for the fiscal year 2024. For the year, the company expects another year of consolidated growth in sales.
New Risk • Nov 17New major risk - Revenue and earnings growthEarnings have declined by 34% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Earnings have declined by 34% per year over the past 5 years. Minor Risk Paying a dividend despite being loss-making.
공시 • Nov 17Matthews International Corporation Announces Quarterly Dividend on Common Stock, Payable on December 11, 2023Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting held on November 15, 2023, a dividend of $0.24 per share on the Company's common stock, representing an increase to the Company's quarterly dividend rate. The dividend is payable on December 11, 2023 to stockholders of record November 27, 2023.
공시 • Nov 04Matthews International Corporation to Report Q4, 2023 Results on Nov 16, 2023Matthews International Corporation announced that they will report Q4, 2023 results After-Market on Nov 16, 2023
Board Change • Nov 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 8 highly experienced directors. Director Aleta Richards was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jul 28Third quarter 2023 earnings released: EPS: US$0.28 (vs US$0.093 in 3Q 2022)Third quarter 2023 results: EPS: US$0.28 (up from US$0.093 in 3Q 2022). Revenue: US$471.9m (up 12% from 3Q 2022). Net income: US$8.74m (up 202% from 3Q 2022). Profit margin: 1.9% (up from 0.7% in 3Q 2022). Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jul 27Matthews International Corporation Declares Quarterly Dividend, Payable on August 21, 2023Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting on July 26, 2023, a dividend of $0.23 per share on the Company’s common stock. The dividend is payable August 21, 2023 to stockholders of record August 7, 2023.
공시 • Jul 08Matthews International Corporation to Report Q3, 2023 Results on Jul 27, 2023Matthews International Corporation announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Jul 27, 2023
Reported Earnings • Apr 30Second quarter 2023 earnings released: EPS: US$0.29 (vs US$0.06 loss in 2Q 2022)Second quarter 2023 results: EPS: US$0.29 (up from US$0.06 loss in 2Q 2022). Revenue: US$479.6m (up 7.8% from 2Q 2022). Net income: US$9.13m (up US$11.0m from 2Q 2022). Profit margin: 1.9% (up from net loss in 2Q 2022). Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
공시 • Jan 29Matthews International Corporation Provides Consolidated Sales Guidance for the Reminder of Year 2023Matthews International Corporation provided consolidated sales guidance for the reminder of year 2023. As look forward to the balance of 2023, the company is expecting continued consolidated sales growth.
Reported Earnings • Jan 27First quarter 2023 earnings released: EPS: US$0.12 (vs US$0.62 loss in 1Q 2022)First quarter 2023 results: EPS: US$0.12 (up from US$0.62 loss in 1Q 2022). Revenue: US$449.2m (up 2.4% from 1Q 2022). Net income: US$3.70m (up US$23.5m from 1Q 2022). Profit margin: 0.8% (up from net loss in 1Q 2022). Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
공시 • Jan 27Matthews International Corporation Declares Quarterly Dividend, Payable on February 20, 2023Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting held on January 25, 2023, a dividend of $0.23 per share on the company’s common stock. The dividend is payable February 20, 2023 to stockholders of record February 6, 2023.
공시 • Jan 18Matthews International Corporation, Annual General Meeting, Feb 16, 2023Matthews International Corporation, Annual General Meeting, Feb 16, 2023, at 09:00 US Eastern Standard Time. Agenda: To elect three directors of the Company for a term of three years; to approve the adoption of the Amended and Restated 2019 Director Fee Plan; to ratify the appointment of Ernst & Young LLP as the independent registered public accounting firm to audit the records of the Company for the fiscal year ending September 30, 2023; to provide an advisory (non-binding) vote on the executive compensation of the Company’s named executive officers; to provide an advisory (non-binding) vote on the frequency of the advisory vote on the executive compensation of the Company’s named executive officers; and to transact such other business as may properly come before the meeting.
공시 • Jan 13Matthews International Corporation to Report Q1, 2023 Results on Jan 26, 2023Matthews International Corporation announced that they will report Q1, 2023 results After-Market on Jan 26, 2023
공시 • Dec 16Barington Capital Pushes for Board Changes at Matthews InternationalOn December 14, 2022, Barington Capital Group announced that it has built a stake in Matthews International Corp. and argues the Company needs to refresh its board, cut costs, and consider selling its packaging business once it can be fixed up. Barington Capital’s Chief Executive Officer James Mitarotonda stated that the Company is undervalued after years of mismanagement and underperformance relative to its peers.
Reported Earnings • Nov 20Full year 2022 earnings released: US$3.18 loss per share (vs US$0.092 profit in FY 2021)Full year 2022 results: US$3.18 loss per share (down from US$0.092 profit in FY 2021). Revenue: US$1.76b (up 5.5% from FY 2021). Net loss: US$99.8m (down US$102.7m from profit in FY 2021). Revenue is forecast to grow 2.1% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
공시 • Nov 18Matthews International Corporation Provides Consolidated Earnings Guidance for the Fiscal Year 2023Matthews International Corporation provided consolidated earnings guidance for the fiscal year 2023. For the fiscal year 2023, the company is currently projecting another year of consolidated sales growth.
공시 • Nov 17Matthews International Corporation Increases Quarterly Dividend, Payable on December 12, 2022Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting on November 16, 2022, a dividend of $0.23 per share on the Company’s common stock, representing an increase to the Company’s quarterly dividend rate. The dividend is payable December 12, 2022 to stockholders of record November 28, 2022.
Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 7 highly experienced directors. Independent Director Lillian Etzkorn was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Oct 28Matthews International Corporation to Report Q4, 2022 Results on Nov 17, 2022Matthews International Corporation announced that they will report Q4, 2022 results After-Market on Nov 17, 2022
공시 • Aug 18Matthews International Corporation (NasdaqGS:MATW) completed the acquisition of OLBRICH GmbH and R+S Automotive GmbH.Matthews International Corporation (NasdaqGS:MATW) entered into an agreement to acquire OLBRICH GmbH and R+S Automotive GmbH for €43 million on June 21, 2022. OLBRICH and R+S Automotive have combined annual revenues in excess of €94.96 million. The closing of the transaction is subject to certain regulatory authority approvals, which is expected to be timely secured in July of 2022. The closing of the transaction is expected in the fourth quarter of fiscal year ending September 2022. Dr Thomas Kuhnle, Dr Axel Mühl, Carsten Andreas Senze, Gunnar Müller-Henneberg, Dr Marco Arteaga, Dr Sebastian Felix Janka, Dr Steffen Gaber, Christoph Schauenburg and Thomas Weidlich of Luther Rechtsanwaltsgesellschaft mbH acted as legal advisor to Matthews International. Dr Oliver Künzler of Wenger Plattner and Jan Kohout of PRK Partners s.r.o. advokátní kanceláø acted as legal advisors to Matthews International. Matthews International Corporation (NasdaqGS:MATW) completed the acquisition of OLBRICH GmbH and R+S Automotive GmbH on August 17, 2022.
Reported Earnings • Jul 30Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: US$421.7m (down 1.6% from 3Q 2021). Net income: US$2.89m (down 14% from 3Q 2021). Profit margin: 0.7% (down from 0.8% in 3Q 2021). Over the next year, revenue is forecast to stay flat compared to a 5.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
공시 • Jul 28Matthews International Corporation Declares Quarterly Dividend, Payable on August 22, 2022Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting, a dividend of $0.22 per share on the Company’s common stock. The dividend is payable August 22, 2022 to stockholders of record August 8, 2022.
공시 • Jul 07Matthews International Corporation to Report Q3, 2022 Results on Jul 28, 2022Matthews International Corporation announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Jul 28, 2022
공시 • Jun 22Matthews International Corporation (NasdaqGS:MATW) entered into an agreement to acquire OLBRICH GmbH / R+S Automotive GmbH for €43 million.Matthews International Corporation (NasdaqGS:MATW) entered into an agreement to acquire OLBRICH GmbH and R+S Automotive GmbH for €43 million on June 21, 2022. OLBRICH and R+S Automotive have combined annual revenues in excess of $100 million(€94.96 million).The closing of the transaction is subject to certain regulatory authority approvals, which is expected to be timely secured in July of 2022.
Reported Earnings • Apr 30Second quarter 2022 earnings released: US$0.06 loss per share (vs US$0.16 profit in 2Q 2021)Second quarter 2022 results: US$0.06 loss per share (down from US$0.16 profit in 2Q 2021). Revenue: US$445.0m (up 6.7% from 2Q 2021). Net loss: US$1.91m (down 138% from profit in 2Q 2021). Over the next year, revenue is forecast to stay flat compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year.
Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. Independent Director Lillian Etzkorn was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Apr 09Matthews International Corporation to Report Q2, 2022 Results on Apr 28, 2022Matthews International Corporation announced that they will report Q2, 2022 results After-Market on Apr 28, 2022
Buying Opportunity • Mar 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.2%. The fair value is estimated to be US$37.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. The company became loss making over the last 3 years.
Buying Opportunity • Mar 04Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 5.1%. The fair value is estimated to be US$37.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. The company became loss making over the last 3 years.
공시 • Feb 25Matthews International Corporation Appoints Board ChangesMatthews International Corporation announced that, following the Company’s Annual Shareholders Meeting last week, its Board of Directors elected Alvaro Garcia-Tunon as the Company’s Chairman of the Board. Mr. Garcia-Tunon succeeds John D. Turner, a member of the Board since 1999 and Chairman of the Board since 2010. Mr. Turner retired from the Board upon the completion of his term. Alvaro Garcia-Tunon, who joined the Board in 2009, retired as the Chief Financial Officer of Wabtec Corporation, a provider of products and services for the global rail industry in 2014, while continuing to serve as a strategic advisor through 2017.
Buying Opportunity • Feb 12Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be US$36.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. The company became loss making over the last 3 years.
Reported Earnings • Jan 29First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2022 results: US$0.62 loss per share (down from US$0.055 loss in 1Q 2021). Revenue: US$438.6m (up 13% from 1Q 2021). Net loss: US$19.8m (loss widened US$18.0m from 1Q 2021). Revenue exceeded analyst estimates by 12%. Over the next year, revenue is expected to shrink by 1.3% compared to a 23% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
공시 • Jan 28Matthews International Corporation Declares Quarterly Dividend, Payable on February 21, 2022Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting held on January 27, 2022, a dividend of $0.22 per share on the company’s common stock. The dividend is payable February 21, 2022 to stockholders of record February 7, 2022.
Reported Earnings • Nov 19Full year 2021 earnings released: EPS US$0.09 (vs US$2.79 loss in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: US$1.67b (up 12% from FY 2020). Net income: US$2.91m (up US$90.1m from FY 2020). Profit margin: 0.2% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Reported Earnings • Jul 31Third quarter 2021 earnings released: EPS US$0.10 (vs US$0.073 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$428.4m (up 19% from 3Q 2020). Net income: US$3.36m (up 48% from 3Q 2020). Profit margin: 0.8% (up from 0.6% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance.
공시 • May 12Matthews International Corporation (NasdaqGS:MATW) acquired assets of Terrella Energy Systems, Ltd.Matthews International Corporation (NasdaqGS:MATW) acquired assets of Terrella Energy Systems, Ltd. on May 11, 2021. As a result of the transaction, Terrella will now be part of Matthews’ Saueressig Engineering business. Included with this acquisition is Terrella's bipolar plate production facility in Phoenix, Arizona. Matthews International Corporation (NasdaqGS:MATW) completed the acquisition of assets of Terrella Energy Systems, Ltd. on May 11, 2021.
Reported Earnings • May 02Second quarter 2021 earnings released: EPS US$0.16 (vs US$2.77 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$417.2m (up 11% from 2Q 2020). Net income: US$4.99m (up US$91.4m from 2Q 2020). Profit margin: 1.2% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
공시 • Apr 29Matthews International Corporation Declares Quarterly Dividend, Payable May 24, 2021Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting on April 28, 2021, a dividend of $0.215 per share on the Company's common stock. The dividend is payable May 24, 2021 to stockholders of record May 10, 2021.
Recent Insider Transactions • Mar 13Director recently sold €173k worth of stockOn the 8th of March, David Schawk sold around 5k shares on-market at roughly €34.58 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €263k more than they bought in the last 12 months.
Is New 90 Day High Low • Feb 22New 90-day high: €28.40The company is up 19% from its price of €23.80 on 24 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Commercial Services industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €110 per share.