(MATW) Matthews International - Overview
Stock: Memorials, Automation, Branding
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 4.32% |
| Yield on Cost 5y | 3.46% |
| Yield CAGR 5y | 3.82% |
| Payout Consistency | 99.4% |
| Payout Ratio | 90.2% |
| 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) 1.5
| Net Income: -24.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.04 > 0.02 and ΔFCF/TA -5.36 > 1.0 |
| NWC/Revenue: 11.33% < 20% (prev 11.01%; Δ 0.32% < -1%) |
| CFO/TA -0.01 > 3% & CFO -23.6m > Net Income -24.5m |
| Net Debt (678.4m) to EBITDA (150.2m): 4.52 < 3 |
| Current Ratio: 1.48 > 1.5 & < 3 |
| Outstanding Shares: last quarter (31.1m) vs 12m ago 0.11% < -2% |
| Gross Margin: 32.81% > 18% (prev 0.30%; Δ 3252 % > 0.5%) |
| Asset Turnover: 84.87% > 50% (prev 97.87%; Δ -13.00% > 0%) |
| Interest Coverage Ratio: 1.28 > 6 (EBITDA TTM 150.2m / Interest Expense TTM 61.5m) |
Altman Z'' 2.95
| A: 0.10 (Total Current Assets 520.2m - Total Current Liabilities 350.5m) / Total Assets 1.69b |
| B: 0.33 (Retained Earnings 565.3m / Total Assets 1.69b) |
| C: 0.04 (EBIT TTM 78.5m / Avg Total Assets 1.76b) |
| D: 0.86 (Book Value of Equity 1.05b / Total Liabilities 1.21b) |
| Altman-Z'' Score: 2.95 = A |
Beneish M -3.50
| DSRI: 0.53 (Receivables 132.9m/299.0m, Revenue 1.50b/1.80b) |
| GMI: 0.90 (GM 32.81% / 29.62%) |
| AQI: 1.19 (AQ_t 0.56 / AQ_t-1 0.47) |
| SGI: 0.83 (Revenue 1.50b / 1.80b) |
| TATA: -0.00 (NI -24.5m - CFO -23.6m) / TA 1.69b) |
| Beneish M-Score: -3.50 (Cap -4..+1) = AAA |
What is the price of MATW shares?
Over the past week, the price has changed by +3.31%, over one month by +1.00%, over three months by +18.04% and over the past year by -3.80%.
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 | 29.5 | 8.6% |
MATW Fundamental Data Overview February 02, 2026
P/S = 0.5464
P/B = 1.684
P/EG = 1.9187
Revenue TTM = 1.50b USD
EBIT TTM = 78.5m USD
EBITDA TTM = 150.2m USD
Long Term Debt = 703.6m USD (from longTermDebt, last quarter)
Short Term Debt = 7.23m USD (from shortTermDebt, last quarter)
Debt = 710.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 678.4m USD (from netDebt column, last quarter)
Enterprise Value = 1.50b USD (818.3m + Debt 710.8m - CCE 32.4m)
Interest Coverage Ratio = 1.28 (Ebit TTM 78.5m / Interest Expense TTM 61.5m)
EV/FCF = -25.21x (Enterprise Value 1.50b / FCF TTM -59.4m)
FCF Yield = -3.97% (FCF TTM -59.4m / Enterprise Value 1.50b)
FCF Margin = -3.96% (FCF TTM -59.4m / Revenue TTM 1.50b)
Net Margin = -1.63% (Net Income TTM -24.5m / Revenue TTM 1.50b)
Gross Margin = 32.81% ((Revenue TTM 1.50b - Cost of Revenue TTM 1.01b) / Revenue TTM)
Gross Margin QoQ = 35.17% (prev 34.93%)
Tobins Q-Ratio = 0.88 (Enterprise Value 1.50b / Total Assets 1.69b)
Interest Expense / Debt = 1.94% (Interest Expense 13.8m / Debt 710.8m)
Taxrate = 21.0% (US default 21%)
NOPAT = 62.0m (EBIT 78.5m * (1 - 21.00%))
Current Ratio = 1.48 (Total Current Assets 520.2m / Total Current Liabilities 350.5m)
Debt / Equity = 1.48 (Debt 710.8m / totalStockholderEquity, last quarter 480.9m)
Debt / EBITDA = 4.52 (Net Debt 678.4m / EBITDA 150.2m)
Debt / FCF = -11.43 (negative FCF - burning cash) (Net Debt 678.4m / FCF TTM -59.4m)
Total Stockholder Equity = 454.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -1.39% (Net Income -24.5m / Total Assets 1.69b)
RoE = -5.39% (Net Income TTM -24.5m / Total Stockholder Equity 454.1m)
RoCE = 6.78% (EBIT 78.5m / Capital Employed (Equity 454.1m + L.T.Debt 703.6m))
RoIC = 5.10% (NOPAT 62.0m / Invested Capital 1.22b)
WACC = 5.76% (E(818.3m)/V(1.53b) * Re(9.42%) + D(710.8m)/V(1.53b) * Rd(1.94%) * (1-Tc(0.21)))
Discount Rate = 9.42% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.31%
Fair Price DCF = unknown (Cash Flow -59.4m)
EPS Correlation: -70.26 | EPS CAGR: -50.84% | SUE: -1.65 | # QB: 0
Revenue Correlation: -60.01 | Revenue CAGR: -8.15% | SUE: 1.61 | # QB: 2
EPS next Quarter (2026-03-31): EPS=0.33 | Chg30d=N/A | Revisions Net=+0 | Analysts=2
EPS current Year (2026-09-30): EPS=1.14 | Chg30d=+0.000 | Revisions Net=+0 | Growth EPS=-9.9% | Growth Revenue=-23.6%
EPS next Year (2027-09-30): EPS=1.58 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=+39.6% | Growth Revenue=+0.8%