Matthews International
Market Cap
US$1.1b
Last Updated
2021/03/01 00:06 UTC
Data Sources
Company Financials +
Executive Summary
Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Fair value with moderate growth potential.
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
Stable Share Price: MATW is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MATW's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
5.3%
MATW
-3.5%
US Commercial Services
-3.6%
US Market
1 Year Return
20.8%
MATW
12.0%
US Commercial Services
36.4%
US Market
Return vs Industry: MATW exceeded the US Commercial Services industry which returned 12% over the past year.
Return vs Market: MATW underperformed the US Market which returned 36.4% over the past year.
Shareholder returns
| MATW | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.3% | -3.5% | -3.6% |
| 30 Day | 16.9% | -1.1% | 0.9% |
| 90 Day | 33.6% | -4.1% | 6.7% |
| 1 Year | 24.8%20.8% | 13.5%12.0% | 39.4%36.4% |
| 3 Year | -28.2%-33.1% | 40.5%30.9% | 53.4%43.5% |
| 5 Year | -20.7%-27.8% | 110.2%88.4% | 117.3%93.0% |
Long-Term 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
6 days ago | Simply Wall St
How Much Is Matthews International Corporation (NASDAQ:MATW) Paying Its CEO?3 months ago | Simply Wall St
Does Matthews International (NASDAQ:MATW) Have A Healthy Balance Sheet?Valuation
Is Matthews International undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MATW ($35.7) is trading below our estimate of fair value ($131.94)
Significantly Below Fair Value: MATW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MATW is unprofitable, so we can't compare its PE Ratio to the US Commercial Services industry average.
PE vs Market: MATW 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 MATW's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MATW is good value based on its PB Ratio (1.8x) compared to the US Commercial Services industry average (2.5x).
Next Steps
Future Growth
How is Matthews International forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
89.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MATW is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: MATW is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MATW's is expected to become profitable in the next 3 years.
Revenue vs Market: MATW's revenue (1.6% per year) is forecast to grow slower than the US market (10.4% per year).
High Growth Revenue: MATW's revenue (1.6% 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 MATW's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Matthews International performed over the past 5 years?
-46.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MATW is currently unprofitable.
Growing Profit Margin: MATW is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MATW is unprofitable, and losses have increased over the past 5 years at a rate of 46.7% per year.
Accelerating Growth: Unable to compare MATW's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MATW is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (-10.4%).
Return on Equity
High ROE: MATW has a negative Return on Equity (-12.76%), as it is currently unprofitable.
Next Steps
Financial Health
How is Matthews International's financial position?
Financial Position Analysis
Short Term Liabilities: MATW's short term assets ($591.0M) exceed its short term liabilities ($332.1M).
Long Term Liabilities: MATW's short term assets ($591.0M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: MATW's debt to equity ratio (132.2%) is considered high.
Reducing Debt: MATW's debt to equity ratio has increased from 127% to 132.2% over the past 5 years.
Debt Coverage: MATW's debt is well covered by operating cash flow (25.6%).
Interest Coverage: MATW is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Matthews International current dividend yield, its reliability and sustainability?
2.41%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MATW's dividend (2.41%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: MATW's dividend (2.41%) is low compared to the top 25% of dividend payers in the US market (3.77%).
Stability and Growth of Payments
Stable Dividend: MATW's dividends per share have been stable in the past 10 years.
Growing Dividend: MATW's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: MATW is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
12.2yrs
Average management tenure
CEO
Joseph Bartolacci (60 yo)
14.33yrs
Tenure
US$6,577,867
Compensation
Mr. Joseph C. Bartolacci has been the Chief Executive Officer and President of Matthews International Corporation since October 1, 2006 and September 1, 2005 respectively. Mr. Bartolacci served as Principa...
CEO Compensation Analysis
Compensation vs Market: Joseph's total compensation ($USD6.58M) is above average for companies of similar size in the US market ($USD2.28M).
Compensation vs Earnings: Joseph's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 14.33yrs | US$6.58m | 0.97% $ 11.0m | |
| CFO & Corporate Secretary | 17.17yrs | US$2.84m | 0.42% $ 4.7m | |
| Senior VP & General Counsel | 12yrs | US$1.32m | 0.11% $ 1.2m | |
| Executive Vice President of Strategy & Corporate Development | 6.58yrs | US$1.54m | 0.16% $ 1.8m | |
| Group President of Memorialization | 9.33yrs | US$1.53m | 0.17% $ 1.9m | |
| CTO & Director | 10.25yrs | US$1.34m | 0.10% $ 1.2m | |
| Chief Information Officer | no data | no data | 0.0044% $ 49.5k | |
| Senior Director of Corporate Development & Investor Relations | no data | no data | no data | |
| Senior Vice President of Human Resources | 6.25yrs | no data | 0.043% $ 487.1k | |
| VP & Controller | 17.42yrs | no data | no data | |
| President of IDL Worldwide | 34.08yrs | no data | no data | |
| Division President of Industrial Technologies | 12.33yrs | no data | 0.073% $ 822.6k |
12.2yrs
Average Tenure
61yo
Average Age
Experienced Management: MATW's management team is seasoned and experienced (12.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 14.33yrs | US$6.58m | 0.97% $ 11.0m | |
| CTO & Director | 10.25yrs | US$1.34m | 0.10% $ 1.2m | |
| Independent Chairman of the Board | 11yrs | US$310.00k | 0.10% $ 1.2m | |
| Independent Director | 11.33yrs | US$225.00k | 0.086% $ 973.2k | |
| Independent Director | 9.58yrs | US$220.00k | 0.053% $ 595.1k | |
| Director | 6.58yrs | US$264.73k | 0.63% $ 7.1m | |
| Independent Director | 6yrs | US$210.00k | 0.028% $ 311.6k | |
| Independent Director | 12.58yrs | US$220.00k | 0.077% $ 873.9k | |
| Independent Director | 5.42yrs | US$210.00k | 0.020% $ 229.7k | |
| Independent Director | 9.58yrs | US$220.00k | 0.042% $ 475.9k | |
| Independent Director | 0.33yr | no data | no data |
9.6yrs
Average Tenure
62yo
Average Age
Experienced Board: MATW's board of directors are considered experienced (9.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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$1.131b
- Shares outstanding: 31.67m
- Website: https://www.matw.com
Number of Employees
Location
- Matthews International Corporation
- Two NorthShore Center
- Pittsburgh
- Pennsylvania
- 15212-5851
- 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 technologies worldwide. The company’s SGK Brand Solutions segment offers brand management and pre-media...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/01 00:06 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/09/30 |
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.