Matthews International
Market Cap
US$1.2b
Last Updated
2019/09/17 23:46 UTC
Data Sources
Company Financials +
Executive Summary
Matthews International Corporation provides brand solutions, memorialization products, and industrial products worldwide.
Snowflake
Fundamentals
Undervalued average dividend payer.
Similar Companies
Share Price & News
How has Matthews International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
9.4%
NasdaqGS:MATW
1.0%
US Commercial Services
0.8%
US Market
1 Year Return
-28.6%
NasdaqGS:MATW
4.7%
US Commercial Services
1.9%
US Market
MATW underperformed the Commercial Services industry which returned 4.1% over the past year.
MATW underperformed the Market in United States of America which returned 2.1% over the past year.
Share holder returns
| MATW | Industry | Market | |
|---|---|---|---|
| 7 Day | 9.4% | 1.0% | 0.8% |
| 30 Day | 19.1% | 0.3% | 3.4% |
| 90 Day | 5.2% | -0.04% | 2.1% |
| 1 Year | -27.1%-28.6% | 8.6%4.7% | 4.2%1.9% |
| 3 Year | -35.4%-38.3% | 67.3%55.9% | 46.7%37.2% |
| 5 Year | -11.6%-17.3% | 102.1%81.9% | 62.3%44.5% |
Price Volatility Vs. Market
How volatile is Matthews International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Do Institutions Own Matthews International Corporation (NASDAQ:MATW) Shares?4 weeks ago | Simply Wall St
Does Matthews International Corporation's (NASDAQ:MATW) CEO Pay Compare Well With Peers?1 month ago | Simply Wall St
Here's How P/E Ratios Can Help Us Understand Matthews International Corporation (NASDAQ:MATW)Valuation
Is Matthews International undervalued based on future cash flows and its price relative to the stock market?
>50%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Matthews International's share price is below the future cash flow value, and at a moderate discount (> 20%).
Matthews International's share price is below the future cash flow value, and at a substantial discount (> 40%).
Price Based on Earnings
Matthews International is good value based on earnings compared to the US Commercial Services industry average.
Matthews International is overvalued based on earnings compared to the United States of America market.
Price Based on Expected Growth
Matthews International is good value based on expected growth next year.
Price Based on Value of Assets
Matthews International is good value based on assets compared to the US Commercial Services industry average.
Next Steps
Future Growth
How is Matthews International expected to perform in the next 1 to 3 years based on estimates from 4 analysts?
25.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Matthews International's revenue is expected to grow by 1.6% yearly, however this is not considered high growth (20% yearly).
Matthews International's earnings are expected to grow significantly at over 20% yearly.
Matthews International's revenue growth is positive but not above the United States of America market average.
Matthews International's earnings growth is expected to exceed the United States of America market average.
Matthews International's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if Matthews International will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has Matthews International performed over the past 5 years?
13.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Matthews International's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
Matthews International's 1-year earnings growth is negative, it can't be compared to the 5-year average.
Matthews International's 1-year earnings growth is negative, it can't be compared to the US Commercial Services industry average.
Return on Equity
Matthews International has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Matthews International used its assets less efficiently than the US Commercial Services industry average last year based on Return on Assets.
Return on Capital Employed
Matthews International's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is Matthews International's financial position?
Financial Position Analysis
Matthews International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Matthews International's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
Matthews International's level of debt (115.5%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has increased over the past 5 years (63.4% vs 115.5% today).
Debt is not well covered by operating cash flow (15.7%, less than 20% of total debt).
Interest payments on debt are not well covered by earnings (EBIT is 3x annual interest expense, ideally 3x coverage).
Balance Sheet
Low level of unsold assets.
Debt is not covered by short term assets, assets are 0.6x debt.
Next Steps
Dividend
What is Matthews International's current dividend yield, its reliability and sustainability?
2.16%
Current Dividend Yield
Dividend Yield and Payments Analysis
Matthews International's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.43%).
Matthews International's dividend is below the markets top 25% of dividend payers in United States of America (3.67%).
Dividends per share have been stable in the past 10 years.
Dividends per share have increased over the past 10 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (2.5x coverage).
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Next Steps
Management
What is the CEO of Matthews International's salary, the management and board of directors tenure and is there insider trading?
7.9yrs
Average management tenure
CEO
Joseph Bartolacci (59yo)
12.9yrs
Tenure
US$6,564,838
Compensation
Mr. Joseph C. Bartolacci has been the Chief Executive Officer and President of Matthews International Corporation since October 1, 2006 and September 1, 2005 respectively. Mr. Bartolacci served as Principa ...
CEO Compensation Analysis
Joseph's remuneration is higher than average for companies of similar size in United States of America.
Joseph's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
7.9yrs
Average Tenure
61yo
Average Age
The average tenure for the Matthews International management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
8.5yrs
Average Tenure
62yo
Average Age
The tenure for the Matthews International board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Group President of SGK Brand Solutions & Director |
| Shares | 1,000 |
| Max Price | US$40.93 |
Ownership Breakdown
Management Team
David Schawk (63yo)
Group President of SGK Brand Solutions & Director
- Tenure: 5.2yrs
- Compensation: US$1.42m
Steven Nicola (59yo)
CFO & Corporate Secretary
- Tenure: 15.8yrs
- Compensation: US$2.50m
David Beck (67yo)
VP & Controller
- Tenure: 16yrs
Brian Dunn (62yo)
Executive Vice President of Strategy & Corporate Development
- Tenure: 5.2yrs
- Compensation: US$1.33m
Joseph Bartolacci (59yo)
CEO, President & Director
- Tenure: 12.9yrs
- Compensation: US$6.56m
Paul Rahill (62yo)
President of Environmental Solutions Division
- Tenure: 16.9yrs
- Compensation: US$593.82k
Brian Walters (50yo)
Senior VP & General Counsel
- Tenure: 10.6yrs
- Compensation: US$1.20m
Greg Babe (61yo)
CTO & Director
- Tenure: 8.8yrs
- Compensation: US$1.34m
Marcy Campbell (56yo)
Senior Vice President of Human Resources
- Tenure: 4.8yrs
Edward Brady (61yo)
Chief Information Officer
- Tenure: 3.7yrs
Board Members
John Turner (73yo)
Chairman of the Board
- Tenure: 9.6yrs
- Compensation: US$310.00k
Alvaro Garcia-Tunon (67yo)
Director
- Tenure: 9.9yrs
- Compensation: US$226.50k
Morgan O'Brien (59yo)
Director
- Tenure: 8.2yrs
- Compensation: US$220.00k
David Schawk (63yo)
Group President of SGK Brand Solutions & Director
- Tenure: 5.2yrs
- Compensation: US$1.42m
Terry Dunlap (60yo)
Director
- Tenure: 4.6yrs
- Compensation: US$211.50k
Wendy Dietze (61yo)
Director
- Tenure: 11.2yrs
- Compensation: US$220.00k
Joseph Bartolacci (59yo)
CEO, President & Director
- Tenure: 12.9yrs
- Compensation: US$6.56m
Don Quigley (63yo)
Director
- Tenure: 4yrs
- Compensation: US$210.00k
Jerry Whitaker (68yo)
Director
- Tenure: 8.2yrs
- Compensation: US$220.00k
Greg Babe (61yo)
CTO & Director
- Tenure: 8.8yrs
- Compensation: US$1.34m
Company Information
Matthews International Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Matthews International Corporation
- Ticker: MATW
- Exchange: NasdaqGS
- Founded: 1850
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: US$1.164b
- Shares outstanding: 31.49m
- Website: https://www.matw.com
Number of Employees
Location
- Matthews International Corporation
- Two NorthShore Center
- Pittsburgh
- Pennsylvania
- 15212
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MATW | NasdaqGS (Nasdaq Global Select) | Yes | Class A Common Stock | US | USD | Jul 1994 |
| MW1A | DB (Deutsche Boerse AG) | Yes | Class A Common Stock | DE | EUR | Jul 1994 |
Biography
Matthews International Corporation provides brand solutions, memorialization products, and industrial products worldwide. The company’s SGK Brand Solutions segment provides brand development and graphic de ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/17 23:46 |
| End of Day Share Price | 2019/09/17 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/09/30 |
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.