MTRX Stock Overview
Matrix Service Company provides engineering, fabrication, infrastructure, construction, and maintenance services primarily to the oil, gas, power, petrochemical, industrial, agricultural, mining, and minerals markets in the United States, Canada, South Korea, Australia, and internationally.
No risks detected for MTRX from our risk checks.
Matrix Service Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$7.79|
|52 Week High||US$16.32|
|52 Week Low||US$6.18|
|1 Month Change||18.39%|
|3 Month Change||-24.66%|
|1 Year Change||-43.96%|
|3 Year Change||-61.03%|
|5 Year Change||-65.38%|
|Change since IPO||91.75%|
Recent News & Updates
|MTRX||US Construction||US Market|
Return vs Industry: MTRX underperformed the US Construction industry which returned 15.3% over the past year.
Return vs Market: MTRX underperformed the US Market which returned 10.2% over the past year.
|MTRX Average Weekly Movement||7.5%|
|Construction Industry Average Movement||5.7%|
|Market Average Movement||6.6%|
|10% most volatile stocks in US Market||15.8%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: MTRX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: MTRX's weekly volatility (8%) has been stable over the past year.
About the Company
Matrix Service Company provides engineering, fabrication, infrastructure, construction, and maintenance services primarily to the oil, gas, power, petrochemical, industrial, agricultural, mining, and minerals markets in the United States, Canada, South Korea, Australia, and internationally. It operates through three segments: Utility and Power Infrastructure, Process and Industrial Facilities, and Storage and Terminal Solutions. The Utility and Power Infrastructure segment offers power delivery services, including construction of new substations, upgrades of existing substations, transmission and distribution line installations, distribution upgrades, and maintenance; and emergency and storm restoration services.
Matrix Service Fundamentals Summary
|MTRX fundamental statistics|
Is MTRX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MTRX income statement (TTM)|
|Cost of Revenue||US$643.81m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-1.71|
|Net Profit Margin||-6.94%|
How did MTRX perform over the long term?See historical performance and comparison
Is Matrix Service undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MTRX ($7.79) is trading below our estimate of fair value ($60.76)
Significantly Below Fair Value: MTRX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MTRX is unprofitable, so we can't compare its PE Ratio to the US Construction industry average.
PE vs Market: MTRX is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MTRX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MTRX is good value based on its PB Ratio (0.8x) compared to the US Construction industry average (2.4x).
How is Matrix Service forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MTRX is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: MTRX is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: MTRX is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: MTRX's revenue (15.3% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: MTRX's revenue (15.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MTRX's Return on Equity is forecast to be high in 3 years time
How has Matrix Service performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MTRX is currently unprofitable.
Growing Profit Margin: MTRX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MTRX is unprofitable, and losses have increased over the past 5 years at a rate of 54.3% per year.
Accelerating Growth: Unable to compare MTRX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MTRX is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (17.9%).
Return on Equity
High ROE: MTRX has a negative Return on Equity (-17.04%), as it is currently unprofitable.
How is Matrix Service's financial position?
Financial Position Analysis
Short Term Liabilities: MTRX's short term assets ($250.3M) exceed its short term liabilities ($154.3M).
Long Term Liabilities: MTRX's short term assets ($250.3M) exceed its long term liabilities ($27.7M).
Debt to Equity History and Analysis
Debt Level: MTRX is debt free.
Reducing Debt: MTRX has no debt compared to 5 years ago when its debt to equity ratio was 5.5%.
Debt Coverage: MTRX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MTRX has no debt, therefore coverage of interest payments is not a concern.
What is Matrix Service current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MTRX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MTRX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MTRX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MTRX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MTRX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Hewitt (63 yo)
Mr. John R. Hewitt has been the President and Chief Executive Officer at Matrix Service Company since joining in May 4, 2011. Mr. Hewitt serves as Senior Vice President at Aker Solutions, where he is respo...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD2.59M) is above average for companies of similar size in the US market ($USD1.10M).
Compensation vs Earnings: John's compensation has increased whilst the company is unprofitable.
Experienced Management: MTRX's management team is seasoned and experienced (5.4 years average tenure).
Experienced Board: MTRX's board of directors are considered experienced (4.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MTRX insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Matrix Service Company's employee growth, exchange listings and data sources
- Name: Matrix Service Company
- Ticker: MTRX
- Exchange: NasdaqGS
- Founded: 1984
- Industry: Construction and Engineering
- Sector: Capital Goods
- Implied Market Cap: US$208.500m
- Shares outstanding: 26.77m
- Website: https://www.matrixservicecompany.com
Number of Employees
- Matrix Service Company
- 5100 East Skelly Drive
- Suite 500
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/19 23:31|
|End of Day Share Price||2022/01/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.