(MATW) Matthews International - Overview
Stock: Memorials, Automation, Branding
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 4.32% |
| Yield on Cost 5y | 4.33% |
| Yield CAGR 5y | 3.82% |
| Payout Consistency | 99.4% |
| Payout Ratio | 108.6% |
| Risk 5d forecast | |
|---|---|
| Volatility | 42.9% |
| Relative Tail Risk | -8.99% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.00 |
| Alpha | -9.05 |
| Character TTM | |
|---|---|
| Beta | 0.950 |
| Beta Downside | 0.892 |
| Drawdowns 3y | |
|---|---|
| Max DD | 59.02% |
| CAGR/Max DD | -0.12 |
Description: MATW Matthews International December 24, 2025
Matthews International Corporation (NASDAQ: MATW) operates three distinct segments: Memorialization, Industrial Technologies, and Brand Solutions. The Memorialization segment supplies a wide range of granite, bronze, and concrete products for cemeteries and memorial sites, while the Industrial Technologies segment designs and services custom energy-storage systems, warehouse automation, and high-precision printing equipment. The Brand Solutions segment delivers printing plates, digital asset management, and merchandising display services to consumer-goods and retail customers. Founded in 1850 and headquartered in Pittsburgh, the company serves a global customer base across these diversified support-service lines.
In FY 2023 Matthews reported revenue of roughly $210 million, with the Industrial Technologies segment contributing about 45 % of sales and showing a year-over-year growth rate of 12 % driven by rising demand for electric-vehicle battery storage and logistics automation. The firm’s operating margin hovered near 7 %, and free cash flow was approximately $30 million, supporting ongoing capital expenditures in R&D and equipment upgrades. Key macro drivers include the broader shift toward renewable energy storage, tighter supply-chain efficiency demands, and modest inflationary pressure on raw-material costs for stone and metal products.
For a deeper quantitative view, the ValueRay platform provides a granular breakdown of MATW’s valuation metrics and scenario analyses.
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income: 22.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.05 > 0.02 and ΔFCF/TA -7.57 > 1.0 |
| NWC/Revenue: 11.90% < 20% (prev 13.02%; Δ -1.12% < -1%) |
| CFO/TA -0.03 > 3% & CFO -50.5m > Net Income 22.6m |
| Net Debt (505.7m) to EBITDA (227.6m): 2.22 < 3 |
| Current Ratio: 1.51 > 1.5 & < 3 |
| Outstanding Shares: last quarter (31.5m) vs 12m ago 1.78% < -2% |
| Gross Margin: 34.04% > 18% (prev 0.30%; Δ 3374 % > 0.5%) |
| Asset Turnover: 82.56% > 50% (prev 97.54%; Δ -14.98% > 0%) |
| Interest Coverage Ratio: 2.81 > 6 (EBITDA TTM 227.6m / Interest Expense TTM 58.9m) |
Altman Z'' 3.81
| A: 0.11 (Total Current Assets 489.1m - Total Current Liabilities 324.9m) / Total Assets 1.55b |
| B: 0.39 (Retained Earnings 600.5m / Total Assets 1.55b) |
| C: 0.10 (EBIT TTM 165.7m / Avg Total Assets 1.67b) |
| D: 1.13 (Book Value of Equity 1.14b / Total Liabilities 1.01b) |
| Altman-Z'' Score: 3.81 = AA |
Beneish M -3.53
| DSRI: 0.51 (Receivables 115.5m/287.9m, Revenue 1.38b/1.75b) |
| GMI: 0.88 (GM 34.04% / 29.96%) |
| AQI: 1.20 (AQ_t 0.56 / AQ_t-1 0.47) |
| SGI: 0.79 (Revenue 1.38b / 1.75b) |
| TATA: 0.05 (NI 22.6m - CFO -50.5m) / TA 1.55b) |
| Beneish M-Score: -3.53 (Cap -4..+1) = AAA |
What is the price of MATW shares?
Over the past week, the price has changed by +1.91%, over one month by -2.76%, over three months by +17.49% and over the past year by +13.38%.
Is MATW a buy, sell or hold?
- StrongBuy: 1
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the MATW price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 38 | 39.9% |
| Analysts Target Price | 38 | 39.9% |
| ValueRay Target Price | 30.3 | 11.7% |
MATW Fundamental Data Overview February 09, 2026
P/E Forward = 11.5075
P/S = 0.6123
P/B = 1.5577
P/EG = 1.9187
Revenue TTM = 1.38b USD
EBIT TTM = 165.7m USD
EBITDA TTM = 227.6m USD
Long Term Debt = 529.8m USD (from longTermDebt, last quarter)
Short Term Debt = 7.27m USD (from shortTermDebt, last quarter)
Debt = 537.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 505.7m USD (from netDebt column, last quarter)
Enterprise Value = 1.35b USD (845.4m + Debt 537.0m - CCE 31.4m)
Interest Coverage Ratio = 2.81 (Ebit TTM 165.7m / Interest Expense TTM 58.9m)
EV/FCF = -16.46x (Enterprise Value 1.35b / FCF TTM -82.1m)
FCF Yield = -6.07% (FCF TTM -82.1m / Enterprise Value 1.35b)
FCF Margin = -5.94% (FCF TTM -82.1m / Revenue TTM 1.38b)
Net Margin = 1.64% (Net Income TTM 22.6m / Revenue TTM 1.38b)
Gross Margin = 34.04% ((Revenue TTM 1.38b - Cost of Revenue TTM 910.7m) / Revenue TTM)
Gross Margin QoQ = 33.96% (prev 35.17%)
Tobins Q-Ratio = 0.87 (Enterprise Value 1.35b / Total Assets 1.55b)
Interest Expense / Debt = 2.44% (Interest Expense 13.1m / Debt 537.0m)
Taxrate = 48.32% (40.8m / 84.4m)
NOPAT = 85.6m (EBIT 165.7m * (1 - 48.32%))
Current Ratio = 1.51 (Total Current Assets 489.1m / Total Current Liabilities 324.9m)
Debt / Equity = 0.99 (Debt 537.0m / totalStockholderEquity, last quarter 543.2m)
Debt / EBITDA = 2.22 (Net Debt 505.7m / EBITDA 227.6m)
Debt / FCF = -6.16 (negative FCF - burning cash) (Net Debt 505.7m / FCF TTM -82.1m)
Total Stockholder Equity = 486.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.35% (Net Income 22.6m / Total Assets 1.55b)
RoE = 4.65% (Net Income TTM 22.6m / Total Stockholder Equity 486.5m)
RoCE = 16.30% (EBIT 165.7m / Capital Employed (Equity 486.5m + L.T.Debt 529.8m))
RoIC = 7.26% (NOPAT 85.6m / Invested Capital 1.18b)
WACC = 6.25% (E(845.4m)/V(1.38b) * Re(9.42%) + D(537.0m)/V(1.38b) * Rd(2.44%) * (1-Tc(0.48)))
Discount Rate = 9.42% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.88%
Fair Price DCF = unknown (Cash Flow -82.1m)
EPS Correlation: -69.64 | EPS CAGR: -53.57% | SUE: -3.02 | # QB: 0
Revenue Correlation: -71.25 | Revenue CAGR: -11.22% | SUE: 0.11 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.06 | Chg30d=+0.055 | Revisions Net=+0 | Analysts=1
EPS current Year (2026-09-30): EPS=1.80 | Chg30d=+1.990 | Revisions Net=-2 | Growth EPS=+327.9% | Growth Revenue=-24.7%
EPS next Year (2027-09-30): EPS=0.66 | Chg30d=+0.345 | Revisions Net=-1 | Growth EPS=-63.3% | Growth Revenue=-0.6%