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. More Details
Excellent balance sheet with moderate growth potential.
Share Price & News
How has Matrix Service's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MTRX's share price has been volatile over the past 3 months.
7 Day Return
US Energy Services
1 Year Return
US Energy Services
Return vs Industry: MTRX exceeded the US Energy Services industry which returned -54.4% over the past year.
Return vs Market: MTRX underperformed the US Market which returned 13.8% over the past year.
Price Volatility Vs. Market
How volatile is Matrix Service's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StReflecting on Matrix Service's (NASDAQ:MTRX) Share Price Returns Over The Last Five Years
1 month ago | Simply Wall StWhat Do The Returns At Matrix Service (NASDAQ:MTRX) Mean Going Forward?
1 month ago | Simply Wall StWho Has Been Selling Matrix Service Company (NASDAQ:MTRX) Shares?
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 ($8.15) is trading below our estimate of fair value ($11.43)
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 Energy Services 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 overvalued based on its PB Ratio (0.7x) compared to the US Energy Services industry average (0.5x).
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 become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: MTRX is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MTRX's is expected to become profitable in the next 3 years.
Revenue vs Market: MTRX's revenue is expected to decline over the next 3 years (-4.9% per year).
High Growth Revenue: MTRX's revenue is forecast to decline over the next 3 years (-4.9% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MTRX's Return on Equity is forecast to be low in 3 years time (6.1%).
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 43.8% 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 Energy Services industry (-59.5%).
Return on Equity
High ROE: MTRX has a negative Return on Equity (-10.74%), as it is currently unprofitable.
How is Matrix Service's financial position?
Financial Position Analysis
Short Term Liabilities: MTRX's short term assets ($335.2M) exceed its short term liabilities ($175.9M).
Long Term Liabilities: MTRX's short term assets ($335.2M) exceed its long term liabilities ($33.5M).
Debt to Equity History and Analysis
Debt Level: MTRX's debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: MTRX's debt to equity ratio has reduced from 3.1% to 3% over the past 5 years.
Debt Coverage: MTRX's debt is well covered by operating cash flow (478.8%).
Interest Coverage: MTRX is unprofitable, therefore interest payments are not well covered by earnings.
What is Matrix Service current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MTRX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MTRX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MTRX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MTRX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MTRX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Hewitt (62 yo)
Mr. John R. Hewitt has been the President and Chief Executive Officer at Matrix Service Company since joining in May 4, 2011. Mr. Hewitt serves as Senior Vice President at Aker Solutions, where he is respo ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD2.54M) is above average for companies of similar size in the US market ($USD1.36M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
|CEO, President & Director||9.33yrs||US$2.54m||0.98% |
|VP, CFO & Treasurer||9.75yrs||US$1.08m||0.28% |
|Chief Operating Officer||0.42yr||US$1.58m||0.15% |
|President of Matrix Service Inc.||3.75yrs||US$923.75k||0.18% |
|President of Matrix North American Construction||6.75yrs||US$773.38k||0.19% |
|President of Matrix PDM Engineering||1yr||US$796.63k||0.011% |
|Vice President of Accounting||2.67yrs||no data||no data|
|Chief Information Officer & VP||5.92yrs||no data||0.056% |
|Chief Administrative Officer & VP||4.08yrs||no data||0.13% |
|Senior Director of Investor Relations||no data||no data||no data|
|VP, General Counsel||5yrs||no data||0.097% |
Experienced Management: MTRX's management team is considered experienced (4.1 years average tenure).
|CEO, President & Director||9.33yrs||US$2.54m||0.98% |
|Independent Chairman of the Board||no data||US$286.10k||0.14% |
|Independent Director||4.42yrs||US$206.90k||0.073% |
|Independent Director||3.25yrs||US$187.31k||0.050% |
|Independent Director||3.17yrs||US$202.31k||0.048% |
|Independent Director||2.25yrs||US$194.81k||0.022% |
|Independent Director||6.33yrs||US$207.28k||0.095% |
|Independent Director||0.083yr||no data||no data|
Experienced Board: MTRX's board of directors are considered experienced (3.3 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Matrix Service Company's company bio, employee growth, exchange listings and data sources
- Name: Matrix Service Company
- Ticker: MTRX
- Exchange: NasdaqGS
- Founded: 1984
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: US$206.125m
- Shares outstanding: 26.46m
- Website: https://www.matrixservicecompany.com
Number of Employees
- Matrix Service Company
- 5100 East Skelly Drive
- Suite 500
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MTRX||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Sep 1990|
|MX2||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Sep 1990|
Matrix Service Company provides engineering, fabrication, infrastructure, construction, and maintenance services primarily to the oil, gas, power, petrochemical, industrial, agricultural, mining, and miner ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/28 23:46|
|End of Day Share Price||2020/09/28 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.