MATW Stock Analysis: Matthews International | NASDAQ
Conglomerates | NASDAQ, USA | Market Cap: 581m USD | 12M Return: -13.7% | US5771281012 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 16.8M
EPS Trend: -98.1%
Qual. Beats: -1
Rev. Trend: -92.4%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Matthews International Corporation (NASDAQ: MATW) is a diversified industrial company headquartered in Pittsburgh, Pennsylvania, operating through three business segments: Memorialization, Industrial Technologies, and Brand Solutions. The Memorialization segment is a leading supplier of bronze and granite memorials, monuments, cremation products, burial vaults, and cemetery features; the Industrial Technologies segment provides custom energy storage solutions, warehouse automation and order fulfillment systems, and product identification/marking equipment; and the Brand Solutions segment delivers pre-media services, printing plates and cylinders, digital asset management, and merchandising display systems primarily to consumer goods and retail clients. The company traces its origins to 1850 and serves customers worldwide, reflecting a portfolio assembled largely through acquisitions across unrelated end markets.
Classified under the GICS Industrials sector and Diversified Support Services sub-industry, Matthews operates as a multi-segment industrial conglomerate whose businesses are largely independent of one another, with limited operational overlap between funeral/cemetery products, factory automation, and retail brand services. This structure means segment performance can be driven by very different economic factors, ranging from death rates and cemetery construction activity to industrial capital spending and consumer goods packaging demand, which is a defining characteristic of the diversified support services model.
- Death rates and cremation trends boost memorialization revenue
- Industrial Technologies margins pressured by warehouse automation competition
- Brand Solutions faces structural decline in printing plates demand
| Net Income: -29.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.05 > 0.02 and ΔFCF/TA -3.31 > 1.0 |
| NWC/Revenue: 18.82% < 20% (prev 12.64%; Δ 6.18% < -1%) |
| CFO/TA -0.04 > 3% & CFO -59.2m > Net Income -29.4m |
| Net Debt (651.4m) to EBITDA (109.2m): 5.97 < 3 |
| Current Ratio: 1.76 > 1.5 & < 3 |
| Outstanding Shares: last quarter (31.4m) vs 12m ago 0.79% < -2% |
| Gross Margin: 36.61% > 18% (prev 31.32%; Δ 5.29% > 0.5%) |
| Asset Turnover: 69.02% > 50% (prev 95.29%; Δ -26.27% > 0%) |
| Interest Coverage Ratio: 1.18 > 6 (EBIT TTM 58.2m / Interest Expense TTM 49.1m) |
| A: 0.14 (Total Current Assets 484.5m - Total Current Liabilities 275.9m) / Total Assets 1.51b |
| B: 0.36 (Retained Earnings 537.8m / Total Assets 1.51b) |
| C: 0.04 (EBIT TTM 58.2m / Avg Total Assets 1.61b) |
| D: 0.48 (Book Value of Equity 486.0m / Total Liabilities 1.02b) |
| Altman-Z'' = 2.82 = A |
| DSRI: 0.65 (Receivables 105.8m/237.0m, Revenue 1.11b/1.63b) |
| GMI: 0.86 (GM 31.32% / 36.61%) |
| AQI: 0.98 (AQ_t 0.52 / AQ_t-1 0.53) |
| SGI: 0.68 (Revenue 1.11b / 1.63b) |
| TATA: 0.02 (NI -29.4m - CFO -59.2m) / TA 1.51b) |
| Beneish M = -3.68 (Cap -4..+1) = AAA |
As of October 17, 2026, the stock is trading at USD 19.36 with a total of 391,584 shares traded. Over the past week, the price has changed by +4.03%, over one month by -2.96%, over three months by -29.98% and over the past year by -13.65%.
Current recommended Stop Loss: 18.00 (which is 7% or 2.2 ATR below the current price).
Matthews International has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy MATW.
- StrongBuy: 1
- Buy: 1
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 31.3 | 61.8% |
P/E Forward = 11.1483
P/S = 0.5241
P/B = 1.2794
P/EG = 1.8586
Revenue TTM = 1.11b USD
EBIT TTM = 58.2m USD
EBITDA TTM = 109.2m USD
Long Term Debt = 559.5m USD (from longTermDebt, last quarter)
Short Term Debt = 22.9m USD (from shortTermDebt, last quarter)
Debt = 689.0m USD (from shortLongTermDebtTotal, last quarter) + Leases 60.9m
Net Debt = 651.4m USD (calculated: Debt 689.0m - CCE 37.6m)
Enterprise Value = 1.23b USD (580.9m + Debt 689.0m - CCE 37.6m)
Interest Coverage Ratio = 1.18 (Ebit TTM 58.2m / Interest Expense TTM 49.1m)
EV/FCF = -15.03x (Enterprise Value 1.23b / FCF TTM -82.0m)
FCF Yield = -6.65% (FCF TTM -82.0m / Enterprise Value 1.23b)
FCF Margin = -7.40% (FCF TTM -82.0m / Revenue TTM 1.11b)
Net Margin = -2.65% (Net Income TTM -29.4m / Revenue TTM 1.11b)
Gross Margin = 36.61% ((Revenue TTM 1.11b - Cost of Revenue TTM 702.6m) / Revenue TTM)
Gross Margin QoQ = 35.85% (prev 39.43%)
Tobins Q-Ratio = 0.82 (Enterprise Value 1.23b / Total Assets 1.51b)
Interest Expense / Debt = 7.13% (Interest Expense 49.1m / Debt 689.0m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 45.9m (EBIT 58.2m * (1 - 21.00%))
Current Ratio = 1.76 (Total Current Assets 484.5m / Total Current Liabilities 275.9m)
Debt / Equity = 1.42 (Debt 689.0m / totalStockholderEquity, last quarter 486.0m)
Debt / EBITDA = 5.97 (Net Debt 651.4m / EBITDA 109.2m)
Debt / FCF = -7.95 (negative FCF - burning cash) (Net Debt 651.4m / FCF TTM -82.0m)
Total Stockholder Equity = 505.6m (last 4 quarters mean from totalStockholderEquity)
RoA = -1.83% (Net Income -29.4m / Total Assets 1.51b)
RoE = -5.81% (Net Income TTM -29.4m / Total Stockholder Equity 505.6m)
RoCE = 5.46% (EBIT 58.2m / Capital Employed (Equity 505.6m + L.T.Debt 559.5m))
RoIC = 3.78% (NOPAT 45.9m / Invested Capital 1.21b)
WACC = 7.05% (E(580.9m)/V(1.27b) * Re(8.74%) + D(689.0m)/V(1.27b) * Rd(7.13%) * (1-Tc(0.21)))
Discount Rate = 8.74% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 62.19 | Cagr: 0.31%
[DCF] Fair Price = unknown (Cash Flow -82.0m)
EPS Correlation: -98.10 | EPS CAGR: -40.59% | SUE: -1.97 | # QB: -1
Revenue Correlation: -92.43 | Revenue CAGR: -16.90% | SUE: -0.93 | # QB: -1
EPS current Quarter (2026-12-31): EPS=0.06 | Chg30d=+0.00% | Revisions=+0% | Analysts=2
EPS current Year (2026-09-30): EPS=0.51 | Chg30d=+0.00% | Revisions=+25% | GrowthEPS=-59.3% | GrowthRev=-30.4%
EPS next Year (2027-09-30): EPS=0.78 | Chg30d=+0.00% | Revisions=+25% | GrowthEPS=+52.6% | GrowthRev=-1.7%
[Analyst] Revisions Ratio: +40% (up=2, down=0)