(MTRX) Matrix Service - Ratings and Ratios
Tanks, Terminals, Substations, Refineries, LNG
EPS (Earnings per Share)
Revenue
Dividends
Currently no dividends paid| Risk via 5d forecast | |
|---|---|
| Volatility | 48.4% |
| Value at Risk 5%th | 71.7% |
| Relative Tail Risk | -9.90% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.15 |
| Alpha | -26.65 |
| CAGR/Max DD | 0.47 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.264 |
| Beta | 1.418 |
| Beta Downside | 1.709 |
| Drawdowns 3y | |
|---|---|
| Max DD | 48.81% |
| Mean DD | 18.38% |
| Median DD | 18.15% |
Description: MTRX Matrix Service October 25, 2025
Matrix Service Company (NASDAQ:MTRX) delivers engineering, fabrication, construction, and maintenance solutions for critical energy and industrial infrastructure across the United States, Canada, and select international markets. Founded in 1984 and headquartered in Tulsa, Oklahoma, the firm operates within the Oil & Gas Equipment & Services sub-industry.
The **Storage and Terminal Solutions** segment focuses on cryogenic and specialty tanks for LNG, NGLs, hydrogen, ammonia, and other liquids, plus associated loading/off-loading facilities, marine structures, and maintenance services. Notable product lines include geodesic domes, aluminum internal floating roofs, and advanced floating-roof sealing systems.
The **Utility and Power Infrastructure** segment builds and upgrades substations, delivers LNG peak-shaving facilities, and constructs natural-gas-fired power generation assets, positioning the business to benefit from rising grid-modernization spend.
The **Process and Industrial Facilities** segment provides plant turnarounds, refinery upgrades, hydrogen-processing retrofits, and specialized infrastructure for aerospace and defense, expanding the company’s exposure beyond traditional oil-and-gas services.
**Key metrics & drivers (as of Q2 2024):**
- 2023 revenue of $1.08 bn, with a 12 % YoY increase driven largely by LNG-related contracts.
- Backlog of approximately $650 m, indicating roughly six months of booked work at current execution rates.
- Exposure to the hydrogen economy: the company secured two multi-year contracts for hydrogen-storage tanks, aligning with the projected 15 % CAGR in global hydrogen demand through 2030.
- Sector-wide catalyst: U.S. federal infrastructure legislation is expected to boost capital spending on grid upgrades and LNG terminal capacity by an estimated $30 bn over the next five years, directly supporting MTRX’s utility and storage segments.
For a deeper quantitative assessment of MTRX’s valuation dynamics, you may find it worthwhile to explore the analytical tools on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 3.0
| Net Income (-23.9m TTM) > 0 and > 6% of Revenue (6% = 48.9m TTM) |
| FCFTA 0.12 (>2.0%) and ΔFCFTA -10.27pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -4.05% (prev 2.41%; Δ -6.46pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.13 (>3.0%) and CFO 79.7m > Net Income -23.9m (YES >=105%, WARN >=100%) |
| NO Net Debt/EBITDA fails (EBITDA <= 0) |
| Current Ratio 0.93 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (28.0m) change vs 12m ago 1.63% (target <= -2.0% for YES) |
| Gross Margin 5.65% (prev 5.23%; Δ 0.41pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 152.7% (prev 148.1%; Δ 4.62pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -41.03 (EBITDA TTM -12.9m / Interest Expense TTM 556.0k) >= 6 (WARN >= 3) |
Altman Z'' -0.66
| (A) -0.06 = (Total Current Assets 410.4m - Total Current Liabilities 443.5m) / Total Assets 598.2m |
| (B) 0.00 = Retained Earnings (Balance) 816.0k / Total Assets 598.2m |
| (C) -0.04 = EBIT TTM -22.8m / Avg Total Assets 534.2m |
| (D) -0.02 = Book Value of Equity -8.83m / Total Liabilities 461.9m |
| Total Rating: -0.66 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 45.40
| 1. Piotroski 3.0pt |
| 2. FCF Yield 44.88% |
| 3. FCF Margin 8.82% |
| 4. Debt/Equity 0.15 |
| 5. Debt/Ebitda 13.38 |
| 6. ROIC - WACC (= -26.62)% |
| 7. RoE -16.44% |
| 8. Rev. Trend 29.19% |
| 9. EPS Trend 60.40% |
What is the price of MTRX shares?
Over the past week, the price has changed by -2.76%, over one month by +6.12%, over three months by -8.28% and over the past year by -0.50%.
Is MTRX a buy, sell or hold?
- Strong Buy: 1
- Buy: 0
- Hold: 0
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the MTRX price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 16.5 | 37.8% |
| Analysts Target Price | 16.5 | 37.8% |
| ValueRay Target Price | 12.1 | 0.8% |
MTRX Fundamental Data Overview December 19, 2025
P/E Forward = 34.7222
P/S = 0.4073
P/B = 2.5387
P/EG = 1.9299
Beta = 0.962
Revenue TTM = 815.6m USD
EBIT TTM = -22.8m USD
EBITDA TTM = -12.9m USD
Long Term Debt = 20.4m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 4.46m USD (from shortTermDebt, last quarter)
Debt = 20.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -171.9m USD (from netDebt column, last quarter)
Enterprise Value = 160.2m USD (332.2m + Debt 20.4m - CCE 192.3m)
Interest Coverage Ratio = -41.03 (Ebit TTM -22.8m / Interest Expense TTM 556.0k)
FCF Yield = 44.88% (FCF TTM 71.9m / Enterprise Value 160.2m)
FCF Margin = 8.82% (FCF TTM 71.9m / Revenue TTM 815.6m)
Net Margin = -2.93% (Net Income TTM -23.9m / Revenue TTM 815.6m)
Gross Margin = 5.65% ((Revenue TTM 815.6m - Cost of Revenue TTM 769.5m) / Revenue TTM)
Gross Margin QoQ = 6.69% (prev 3.75%)
Tobins Q-Ratio = 0.27 (Enterprise Value 160.2m / Total Assets 598.2m)
Interest Expense / Debt = 0.62% (Interest Expense 127.0k / Debt 20.4m)
Taxrate = -1.92% (negative due to tax credits) (69.0k / -3.59m)
NOPAT = -23.3m (EBIT -22.8m * (1 - -1.92%)) [loss with tax shield] [negative tax rate / tax credits]
Current Ratio = 0.93 (Total Current Assets 410.4m / Total Current Liabilities 443.5m)
Debt / Equity = 0.15 (Debt 20.4m / totalStockholderEquity, last quarter 136.3m)
Debt / EBITDA = 13.38 (negative EBITDA) (Net Debt -171.9m / EBITDA -12.9m)
Debt / FCF = -2.39 (Net Debt -171.9m / FCF TTM 71.9m)
Total Stockholder Equity = 145.4m (last 4 quarters mean from totalStockholderEquity)
RoA = -4.00% (Net Income -23.9m / Total Assets 598.2m)
RoE = -16.44% (Net Income TTM -23.9m / Total Stockholder Equity 145.4m)
RoCE = -13.76% (EBIT -22.8m / Capital Employed (Equity 145.4m + L.T.Debt 20.4m))
RoIC = -15.99% (negative operating profit) (NOPAT -23.3m / Invested Capital 145.4m)
WACC = 10.63% (E(332.2m)/V(352.5m) * Re(11.24%) + D(20.4m)/V(352.5m) * Rd(0.62%) * (1-Tc(-0.02)))
Discount Rate = 11.24% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.15%
[DCF Debug] Terminal Value 70.75% ; FCFE base≈85.1m ; Y1≈99.6m ; Y5≈150.5m
Fair Price DCF = 55.49 (DCF Value 1.56b / Shares Outstanding 28.1m; 5y FCF grow 18.14% → 3.0% )
EPS Correlation: 60.40 | EPS CAGR: 35.24% | SUE: -0.13 | # QB: 0
Revenue Correlation: 29.19 | Revenue CAGR: 7.43% | SUE: 0.44 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.12 | Chg30d=+0.000 | Revisions Net=-1 | Analysts=2
EPS current Year (2026-06-30): EPS=0.33 | Chg30d=+0.000 | Revisions Net=-1 | Growth EPS=+134.9% | Growth Revenue=+18.1%
EPS next Year (2027-06-30): EPS=0.93 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=+184.6% | Growth Revenue=+10.7%
Additional Sources for MTRX Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle