Market Cap
US$2.7b
Last Updated
2021/06/15 07:19 UTC
Data Sources
Company Financials +
Executive Summary
Matson, Inc., together with its subsidiaries, provides ocean transportation and logistics services. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 23% per year for the next 3 years
Snowflake Analysis
Outstanding track record and good value.
Similar Companies
Share Price & News
How has Matson's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MATX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MATX's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-1.5%
MATX
4.3%
US Shipping
0.8%
US Market
1 Year Return
109.6%
MATX
87.7%
US Shipping
43.1%
US Market
Return vs Industry: MATX exceeded the US Shipping industry which returned 92.1% over the past year.
Return vs Market: MATX exceeded the US Market which returned 44.3% over the past year.
Shareholder returns
| MATX | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.5% | 4.3% | 0.8% |
| 30 Day | 0.4% | 8.4% | 3.0% |
| 90 Day | -14.7% | 18.4% | 4.8% |
| 1 Year | 113.2%109.6% | 90.7%87.7% | 45.5%43.1% |
| 3 Year | 75.8%64.8% | 29.6%20.4% | 60.2%50.3% |
| 5 Year | 114.0%91.4% | 61.3%40.2% | 126.4%101.0% |
Long-Term Price Volatility Vs. Market
How volatile is Matson's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Matson, Inc.'s (NYSE:MATX) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?2 weeks ago | Simply Wall St
Matson (NYSE:MATX) Has Some Way To Go To Become A Multi-Bagger1 month ago | Simply Wall St
Don't Ignore The Fact That This Insider Just Sold Some Shares In Matson, Inc. (NYSE:MATX)Valuation
Is Matson 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: MATX ($64.79) is trading below our estimate of fair value ($127.58)
Significantly Below Fair Value: MATX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MATX is good value based on its PE Ratio (10.1x) compared to the US Shipping industry average (24.7x).
PE vs Market: MATX is good value based on its PE Ratio (10.1x) compared to the US market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: MATX's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: MATX is overvalued based on its PB Ratio (2.7x) compared to the US Shipping industry average (1.1x).
Future Growth
How is Matson forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
-23.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MATX's earnings are forecast to decline over the next 3 years (-23% per year).
Earnings vs Market: MATX's earnings are forecast to decline over the next 3 years (-23% per year).
High Growth Earnings: MATX's earnings are forecast to decline over the next 3 years.
Revenue vs Market: MATX's revenue is expected to decline over the next 3 years (-1.2% per year).
High Growth Revenue: MATX's revenue is forecast to decline over the next 3 years (-1.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MATX's Return on Equity is forecast to be low in 3 years time (15.2%).
Past Performance
How has Matson performed over the past 5 years?
8.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MATX has high quality earnings.
Growing Profit Margin: MATX's current net profit margins (10.7%) are higher than last year (3.4%).
Past Earnings Growth Analysis
Earnings Trend: MATX's earnings have grown by 8.5% per year over the past 5 years.
Accelerating Growth: MATX's earnings growth over the past year (273.6%) exceeds its 5-year average (8.5% per year).
Earnings vs Industry: MATX earnings growth over the past year (273.6%) exceeded the Shipping industry 194.5%.
Return on Equity
High ROE: MATX's Return on Equity (26.9%) is considered high.
Financial Health
How is Matson's financial position?
Financial Position Analysis
Short Term Liabilities: MATX's short term assets ($313.9M) do not cover its short term liabilities ($519.1M).
Long Term Liabilities: MATX's short term assets ($313.9M) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: MATX's debt to equity ratio (66.4%) is considered high.
Reducing Debt: MATX's debt to equity ratio has reduced from 109.4% to 66.4% over the past 5 years.
Debt Coverage: MATX's debt is well covered by operating cash flow (70.8%).
Interest Coverage: MATX's interest payments on its debt are well covered by EBIT (13.9x coverage).
Balance Sheet
Dividend
What is Matson current dividend yield, its reliability and sustainability?
1.45%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MATX's dividend (1.42%) is higher than the bottom 25% of dividend payers in the US market (1.27%).
High Dividend: MATX's dividend (1.42%) is low compared to the top 25% of dividend payers in the US market (3.35%).
Stability and Growth of Payments
Stable Dividend: MATX's dividend payments have been volatile in the past 10 years.
Growing Dividend: MATX's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (14.2%), MATX's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MATX's dividends in 3 years are forecast to be well covered by earnings (21.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.8yrs
Average management tenure
CEO
Matt Cox (59 yo)
9yrs
Tenure
US$5,477,333
Compensation
Mr. Matthew J. Cox, also known as Matt, has served on the First Hawaiian Bank's board of directors since 2014. He has been Chairman and Chief Executive Officer of Matson, Inc. since 2012, having previously...
CEO Compensation Analysis
Compensation vs Market: Matt's total compensation ($USD5.48M) is about average for companies of similar size in the US market ($USD5.22M).
Compensation vs Earnings: Matt's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: MATX's management team is seasoned and experienced (5.8 years average tenure).
Board Members
Experienced Board: MATX's board of directors are considered experienced (3.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MATX insiders have sold more shares than they have bought 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
Matson, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Matson, Inc.
- Ticker: MATX
- Exchange: NYSE
- Founded: 1882
- Industry: Marine
- Sector: Transportation
- Market Cap: US$2.749b
- Shares outstanding: 43.44m
- Website: https://www.matson.com
Number of Employees
Location
- Matson, Inc.
- 1411 Sand Island Parkway
- Honolulu
- Hawaii
- 96819
- United States
Listings
Biography
Matson, Inc., together with its subsidiaries, provides ocean transportation and logistics services. The company’s Ocean Transportation segment offers ocean freight transportation services to the domestic n...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/15 07:19 |
| End of Day Share Price | 2021/06/14 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.