Matson, Inc., together with its subsidiaries, provides ocean transportation and logistics services.
Slightly overvalued with questionable track record.
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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MATX exceeded the US Shipping industry which returned -30.8% over the past year.
Return vs Market: MATX underperformed the US Market which returned 15.9% over the past year.
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
5 hours ago | Simply Wall StWhat Is Matson, Inc.'s (NYSE:MATX) Share Price Doing?
1 week ago | Simply Wall StMatson, Inc. (NYSE:MATX) Not Flying Under The Radar
4 weeks ago | Simply Wall StDoes Matson, Inc. (NYSE:MATX) Have A Place In Your Dividend Stock Portfolio?
Is Matson 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: MATX ($36.05) is trading below our estimate of fair value ($111.14)
Significantly Below Fair Value: MATX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MATX is poor value based on its PE Ratio (20.9x) compared to the US Shipping industry average (11.3x).
PE vs Market: MATX is poor value based on its PE Ratio (20.9x) compared to the US market (18x).
Price to Earnings Growth Ratio
PEG Ratio: MATX is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: MATX is overvalued based on its PB Ratio (1.9x) compared to the US Shipping industry average (0.4x).
How is Matson forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MATX's forecast earnings growth (14.2% per year) is above the savings rate (2.2%).
Earnings vs Market: MATX's earnings (14.2% per year) are forecast to grow slower than the US market (22.4% per year).
High Growth Earnings: MATX's earnings are forecast to grow, but not significantly.
Revenue vs Market: MATX's revenue (0.6% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: MATX's revenue (0.6% 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 MATX's Return on Equity is forecast to be high in 3 years time
How has Matson performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MATX has high quality earnings.
Growing Profit Margin: MATX's current net profit margins (3.4%) are lower than last year (4.8%).
Past Earnings Growth Analysis
Earnings Trend: MATX's earnings have grown by 5.8% per year over the past 5 years.
Accelerating Growth: MATX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MATX had negative earnings growth (-30.9%) over the past year, making it difficult to compare to the Shipping industry average (-12.4%).
Return on Equity
High ROE: MATX's Return on Equity (9.2%) is considered low.
How is Matson's financial position?
Financial Position Analysis
Short Term Liabilities: MATX's short term assets ($308.7M) do not cover its short term liabilities ($470.9M).
Long Term Liabilities: MATX's short term assets ($308.7M) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: MATX's debt to equity ratio (115.6%) is considered high.
Reducing Debt: MATX's debt to equity ratio has increased from 97.2% to 115.6% over the past 5 years.
Debt Coverage: MATX's debt is well covered by operating cash flow (30.7%).
Interest Coverage: MATX's interest payments on its debt are well covered by EBIT (4.2x coverage).
What is Matson current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MATX's dividend (2.55%) is higher than the bottom 25% of dividend payers in the US market (1.65%).
High Dividend: MATX's dividend (2.55%) is low compared to the top 25% of dividend payers in the US market (4.54%).
Stability and Growth of Payments
Stable Dividend: MATX's dividend payments have been volatile in the past 10 years.
Growing Dividend: MATX's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (50.4%), MATX's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Matt Cox (59 yo)
Mr. Matthew J. Cox, also known as Matt, serves as Director of First Hawaiian Inc since 2016. Mr. Cox has been a Director at First Hawaiian Bank since 2014. Mr. Cox Serves as the Director at Matson Inc. sin ...
CEO Compensation Analysis
Compensation vs Market: Matt's total compensation ($USD4.48M) is about average for companies of similar size in the US market ($USD4.62M).
Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.
|Chairman & CEO||8.17yrs||US$4.48m||0.47% |
|Senior VP & CFO||8.92yrs||US$1.66m||0.27% |
|Senior VP||3.33yrs||US$1.34m||0.078% |
|Senior VP & Chief Commercial Officer||3.33yrs||US$1.23m||0.058% |
|Chief Information Officer & Senior VP||no data||no data||no data|
|Director of Investor Relations||no data||no data||no data|
|Director of Corporate Communications||5yrs||no data||no data|
|Vice President of Human Resources||no data||no data||no data|
|Senior Vice President of Alaska||0.58yr||no data||0.062% |
|Senior Vice President of Pacific||8.17yrs||US$848.54k||0.12% |
|Senior VP & President of Matson Logistics||8.08yrs||US$862.73k||0.11% |
Experienced Management: MATX's management team is seasoned and experienced (5 years average tenure).
|Chairman & CEO||8.17yrs||US$4.48m||0.47% |
|Director||0.33yr||no data||0.054% |
|Lead Independent Director||2.33yrs||US$221.36k||0.091% |
|Independent Director||16.33yrs||US$197.86k||0.14% |
|Independent Director||2.33yrs||US$186.36k||0.037% |
|Independent Director||8.67yrs||US$195.45k||0.072% |
|Independent Director||1.33yrs||US$162.64k||0.0061% |
Experienced Board: MATX's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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.
Matson, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Matson, Inc.
- Ticker: MATX
- Exchange: NYSE
- Founded: 1882
- Industry: Marine
- Sector: Transportation
- Market Cap: US$1.562b
- Shares outstanding: 43.04m
- Website: https://www.matson.com
Number of Employees
- Matson, Inc.
- 1411 Sand Island Parkway
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MATX||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Dec 1972|
|MATX||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 1972|
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||2020/08/05 00:02|
|End of Day Share Price||2020/08/04 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.