Matthews International
Market Cap
US$1.3b
Last Updated
2021/05/09 22:50 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 less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: MATW's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
2.0%
MATW
2.5%
US Commercial Services
0.2%
US Market
1 Year Return
84.0%
MATW
45.7%
US Commercial Services
49.9%
US Market
Return vs Industry: MATW exceeded the US Commercial Services industry which returned 45.7% over the past year.
Return vs Market: MATW exceeded the US Market which returned 49.9% over the past year.
Shareholder returns
| MATW | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.0% | 2.5% | 0.2% |
| 30 Day | 2.5% | 5.0% | 1.5% |
| 90 Day | 25.3% | 10.4% | 3.3% |
| 1 Year | 89.4%84.0% | 47.5%45.7% | 52.4%49.9% |
| 3 Year | -13.1%-19.2% | 63.0%52.4% | 63.7%53.4% |
| 5 Year | -10.4%-18.7% | 133.1%108.4% | 130.6%104.9% |
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
1 day ago | Simply Wall St
The Strong Earnings Posted By Matthews International (NASDAQ:MATW) Are A Good Indication Of The Strength Of The Business5 days ago | Simply Wall St
Here's Why We're Wary Of Buying Matthews International's (NASDAQ:MATW) For Its Upcoming Dividend2 weeks ago | Simply Wall St
Is Matthews International Corporation (NASDAQ:MATW) A Great Dividend Stock?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 ($42.21) is trading below our estimate of fair value ($154.95)
Significantly Below Fair Value: MATW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MATW is poor value based on its PE Ratio (102.9x) compared to the US Commercial Services industry average (35.6x).
PE vs Market: MATW is poor value based on its PE Ratio (102.9x) compared to the US market (20.2x).
Price to Earnings Growth Ratio
PEG Ratio: MATW is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: MATW is good value based on its PB Ratio (2.2x) compared to the US Commercial Services industry average (2.7x).
Future Growth
How is Matthews International forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
64.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MATW's forecast earnings growth (64.1% per year) is above the savings rate (2%).
Earnings vs Market: MATW's earnings (64.1% per year) are forecast to grow faster than the US market (15.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MATW's revenue (1% per year) is forecast to grow slower than the US market (9.1% per year).
High Growth Revenue: MATW's revenue (1% 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
Past Performance
How has Matthews International performed over the past 5 years?
-46.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MATW has a large one-off loss of $48.2M impacting its March 31 2021 financial results.
Growing Profit Margin: MATW became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MATW's earnings have declined by 46.9% per year over the past 5 years.
Accelerating Growth: MATW has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MATW has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (-4.4%).
Return on Equity
High ROE: MATW's Return on Equity (2%) is considered low.
Financial Health
How is Matthews International's financial position?
Financial Position Analysis
Short Term Liabilities: MATW's short term assets ($599.6M) exceed its short term liabilities ($324.3M).
Long Term Liabilities: MATW's short term assets ($599.6M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: MATW's debt to equity ratio (125.5%) is considered high.
Reducing Debt: MATW's debt to equity ratio has increased from 120.3% to 125.5% over the past 5 years.
Debt Coverage: MATW's debt is well covered by operating cash flow (26.6%).
Interest Coverage: MATW's interest payments on its debt are well covered by EBIT (3.4x coverage).
Balance Sheet
Dividend
What is Matthews International current dividend yield, its reliability and sustainability?
2.04%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MATW's dividend (2.04%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: MATW's dividend (2.04%) is low compared to the top 25% of dividend payers in the US market (3.4%).
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: With its high payout ratio (208.5%), MATW's dividend payments are not well covered by earnings.
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?
12.4yrs
Average management tenure
CEO
Joseph Bartolacci (60 yo)
14.58yrs
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 ($USD3.74M).
Compensation vs Earnings: Joseph's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: MATW's management team is seasoned and experienced (12.4 years average tenure).
Board Members
Experienced Board: MATW's board of directors are considered experienced (9.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MATW insiders have only sold shares 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$1.336b
- Shares outstanding: 31.66m
- Website: https://www.matw.com
Number of Employees
Location
- Matthews International Corporation
- Two NorthShore Center
- Pittsburgh
- Pennsylvania
- 15212-5851
- United States
Listings
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 | 2021/05/09 22:50 |
| End of Day Share Price | 2021/05/07 00:00 |
| Earnings | 2021/03/31 |
| 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.