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MATW

Matthews International NasdaqGS:MATW Stock Report

Last Price

US$30.94

Market Cap

US$993.3m

7D

5.9%

1Y

-22.5%

Updated

18 May, 2022

Data

Company Financials +
MATW fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health2/6
Dividends4/6

MATW Stock Overview

Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies worldwide.

Matthews International Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Matthews International
Historical stock prices
Current Share PriceUS$30.94
52 Week HighUS$40.32
52 Week LowUS$29.00
Beta1.08
1 Month Change4.00%
3 Month Change-10.91%
1 Year Change-22.48%
3 Year Change-13.91%
5 Year Change-51.43%
Change since IPO753.52%

Recent News & Updates

Apr 12
Matthews International (NASDAQ:MATW) Could Be Struggling To Allocate Capital

Matthews International (NASDAQ:MATW) Could Be Struggling To Allocate Capital

If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...

Shareholder Returns

MATWUS Commercial ServicesUS Market
7D5.9%-0.2%0.5%
1Y-22.5%-5.7%-11.5%

Return vs Industry: MATW underperformed the US Commercial Services industry which returned -3.2% over the past year.

Return vs Market: MATW underperformed the US Market which returned -8.1% over the past year.

Price Volatility

Is MATW's price volatile compared to industry and market?
MATW volatility
MATW Average Weekly Movement4.2%
Commercial Services Industry Average Movement7.7%
Market Average Movement7.9%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.0%

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.

About the Company

FoundedEmployeesCEOWebsite
185011,000Joe Bartolaccihttps://www.matw.com

Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies worldwide. It operates through three segments: SGK Brand Solutions, Memorialization, and Industrial Technologies. The SGK Brand solutions segment provides brand management, pre-media services, printing plates and cylinders, engineered products, imaging services, digital asset management, merchandising display systems, and marketing and design services for the consumer goods and retail industries.

Matthews International Fundamentals Summary

How do Matthews International's earnings and revenue compare to its market cap?
MATW fundamental statistics
Market CapUS$993.35m
Earnings (TTM)-US$22.03m
Revenue (TTM)US$1.75b

0.6x

P/S Ratio

-44.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MATW income statement (TTM)
RevenueUS$1.75b
Cost of RevenueUS$1.20b
Gross ProfitUS$554.17m
Other ExpensesUS$576.19m
Earnings-US$22.03m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.70
Gross Margin31.65%
Net Profit Margin-1.26%
Debt/Equity Ratio118.6%

How did MATW perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

-63%

Payout Ratio

Valuation

Is Matthews International undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: MATW ($30.94) is trading below our estimate of fair value ($74.93)

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 (1.5x) compared to the US Commercial Services industry average (1.8x).


Future Growth

How is Matthews International forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


193.2%

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 (1.9%).

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 (1.5% per year) is forecast to grow slower than the US market (7.8% per year).

High Growth Revenue: MATW's revenue (1.5% 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?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-47.4%

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 47.4% 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 (33.4%).


Return on Equity

High ROE: MATW has a negative Return on Equity (-3.51%), as it is currently unprofitable.


Financial Health

How is Matthews International's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MATW's short term assets ($612.3M) exceed its short term liabilities ($338.6M).

Long Term Liabilities: MATW's short term assets ($612.3M) do not cover its long term liabilities ($985.2M).


Debt to Equity History and Analysis

Debt Level: MATW's net debt to equity ratio (109.8%) is considered high.

Reducing Debt: MATW's debt to equity ratio has reduced from 134.4% to 118.6% over the past 5 years.

Debt Coverage: MATW's debt is not well covered by operating cash flow (19.2%).

Interest Coverage: MATW's interest payments on its debt are not well covered by EBIT (3x coverage).


Balance Sheet


Dividend

What is Matthews International current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.84%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: MATW's dividend (2.84%) is higher than the bottom 25% of dividend payers in the US market (1.51%).

High Dividend: MATW's dividend (2.84%) is low compared to the top 25% of dividend payers in the US market (3.97%).


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.


Earnings Payout to Shareholders

Earnings Coverage: MATW is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (28.5%), MATW's dividend payments are well covered by cash flows.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

10.6yrs

Average management tenure


CEO

Joe Bartolacci (61 yo)

16.67yrs

Tenure

US$6,813,304

Compensation

Mr. Joseph C. Bartolacci, also known as Joe, has been the Chief Executive Officer and President of Matthews International Corporation since October 1, 2006 and September 1, 2005 respectively. Mr. Bartolacc...


CEO Compensation Analysis

Compensation vs Market: Joe's total compensation ($USD6.81M) is above average for companies of similar size in the US market ($USD3.93M).

Compensation vs Earnings: Joe's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: MATW's management team is seasoned and experienced (10.6 years average tenure).


Board Members

Experienced Board: MATW's board of directors are seasoned and experienced ( 10.8 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Matthews International Corporation's 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
  • Implied Market Cap: US$993.347m
  • Shares outstanding: 31.31m
  • Website: https://www.matw.com

Number of Employees


Location

  • Matthews International Corporation
  • Two NorthShore Center
  • Pittsburgh
  • Pennsylvania
  • 15212-5851
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/18 00:00
End of Day Share Price2022/05/18 00:00
Earnings2022/03/31
Annual Earnings2021/09/30


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.