MATX Stock Analysis: Matson | NYSE
Marine Shipping | NYSE, USA | Market Cap: 6.911m USD | 12M Return: 142% | US57686G1058 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 69.1M
EPS Trend: 85.3%
Qual. Beats: 1
Rev. Trend: 77.8%
Qual. Beats: 1
Warnings
No concerns identified
Tailwinds
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.
Beyond core shipping, Matson offers stevedoring, terminal operations, refrigerated cargo handling, container equipment maintenance, and inland transportation across Hawaiian islands and key Alaska locations. Its Logistics segment extends into multimodal brokerage, including rail intermodal, long-haul and regional trucking, less-than-truckload (LTL/LCL) consolidation, freight forwarding, warehousing, trans-loading, and value-added distribution services, serving customers such as the U.S. military, freight forwarders, retailers, and consumer goods manufacturers.
As a major Jones Act carrier, Matson is required to use U.S.-built, U.S.-flagged, and U.S.-crewed vessels for its domestic non-contiguous routes, which creates a high barrier to entry against foreign competition in its core Pacific trades. The companys business model is closely tied to Pacific consumer supply chains, intra-island freight demand, and U.S. Department of Defense logistics contracts in the Pacific region.
- China-Long Beach express service volumes drive Ocean Transportation margins
- Hawaii tourism and Alaska military cargo fuel domestic non-contiguous demand
- Fuel costs and Pacific shipping competition pressure operating margins
| Net Income: 463.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -7.02 > 1.0 |
| NWC/Revenue: -1.96% < 20% (prev -3.53%; Δ 1.57% < -1%) |
| CFO/TA 0.12 > 3% & CFO 582.0m > Net Income 463.8m |
| Net Debt (952.4m) to EBITDA (828.5m): 1.15 < 3 |
| Current Ratio: 0.89 > 1.5 & < 3 |
| Outstanding Shares: last quarter (30.3m) vs 12m ago -6.48% < -2% |
| Gross Margin: 23.02% > 18% (prev 25.30%; Δ -2.27% > 0.5%) |
| Asset Turnover: 75.24% > 50% (prev 77.30%; Δ -2.07% > 0%) |
| Interest Coverage Ratio: 84.59 > 6 (EBIT TTM 558.3m / Interest Expense TTM 6.60m) |
| A: -0.01 (Total Current Assets 536.0m - Total Current Liabilities 603.8m) / Total Assets 4.71b |
| B: 0.52 (Retained Earnings 2.47b / Total Assets 4.71b) |
| C: 0.12 (EBIT TTM 558.3m / Avg Total Assets 4.60b) |
| D: 1.43 (Book Value of Equity 2.77b / Total Liabilities 1.94b) |
| Altman-Z'' = 3.93 = AA |
| DSRI: 1.09 (Receivables 335.3m/308.7m, Revenue 3.46b/3.46b) |
| GMI: 1.10 (GM 25.30% / 23.02%) |
| AQI: 0.76 (AQ_t 0.24 / AQ_t-1 0.31) |
| SGI: 1.00 (Revenue 3.46b / 3.46b) |
| TATA: -0.03 (NI 463.8m - CFO 582.0m) / TA 4.71b) |
| Beneish M = -3.01 (Cap -4..+1) = AA |
As of October 11, 2026, the stock is trading at USD 225.67 with a total of 194,840 shares traded. Over the past week, the price has changed by -2.35%, over one month by -0.52%, over three months by +9.74% and over the past year by +141.96%.
Current recommended Stop Loss: 213.00 (which is 5.6% or 1.8 ATR below the current price).
Matson has received a consensus analysts rating of 4.75. Therefore, it is recommended to buy MATX.
- StrongBuy: 3
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 263.8 | 16.9% |
P/E Trailing = 15.605
P/E Forward = 19.1939
P/S = 1.9979
P/B = 2.3929
P/EG = 2.014
Revenue TTM = 3.46b USD
EBIT TTM = 558.3m USD
EBITDA TTM = 828.5m USD
Long Term Debt = 312.1m USD (from longTermDebt, last fiscal year)
Short Term Debt = 172.5m USD (from shortTermDebt, last quarter)
Debt = 1.07b USD (from shortLongTermDebtTotal, last quarter) + Leases 355.3m
Net Debt = 952.4m USD (calculated: Debt 1.07b - CCE 119.3m)
Enterprise Value = 7.86b USD (6.91b + Debt 1.07b - CCE 119.3m)
Interest Coverage Ratio = 84.59 (Ebit TTM 558.3m / Interest Expense TTM 6.60m)
EV/FCF = 63.57x (Enterprise Value 7.86b / FCF TTM 123.7m)
FCF Yield = 1.57% (FCF TTM 123.7m / Enterprise Value 7.86b)
FCF Margin = 3.58% (FCF TTM 123.7m / Revenue TTM 3.46b)
Net Margin = 13.41% (Net Income TTM 463.8m / Revenue TTM 3.46b)
Gross Margin = 23.02% ((Revenue TTM 3.46b - Cost of Revenue TTM 2.66b) / Revenue TTM)
Gross Margin QoQ = 23.94% (prev 17.67%)
Tobins Q-Ratio = 1.67 (Enterprise Value 7.86b / Total Assets 4.71b)
Interest Expense / Debt = 0.62% (Interest Expense 6.60m / Debt 1.07b)
Taxrate = 15.93% (87.9m / 551.7m)
NOPAT = 469.3m (EBIT 558.3m * (1 - 15.93%))
Current Ratio = 0.89 (Total Current Assets 536.0m / Total Current Liabilities 603.8m)
Debt / Equity = 0.39 (Debt 1.07b / totalStockholderEquity, last quarter 2.77b)
Debt / EBITDA = 1.15 (Net Debt 952.4m / EBITDA 828.5m)
Debt / FCF = 7.70 (Net Debt 952.4m / FCF TTM 123.7m)
Total Stockholder Equity = 2.74b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.09% (Net Income 463.8m / Total Assets 4.71b)
RoE = 16.94% (Net Income TTM 463.8m / Total Stockholder Equity 2.74b)
RoCE = 18.31% (EBIT 558.3m / Capital Employed (Equity 2.74b + L.T.Debt 312.1m))
RoIC = 11.27% (NOPAT 469.3m / Invested Capital 4.16b)
WACC = 8.74% (E(6.91b)/V(7.98b) * Re(10.02%) + D(1.07b)/V(7.98b) * Rd(0.62%) * (1-Tc(0.16)))
Discount Rate = 10.02% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -98.96 | Cagr: -5.73%
[DCF] Terminal Value 71.63% ; FCFF base≈247.1m ; Y1≈216.7m ; Y5≈175.1m
[DCF] Fair Price = 56.38 (EV 2.64b - Net Debt 952.4m = Equity 1.69b / Shares 29.9m; r=8.74% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 85.26 | EPS CAGR: 25.28% | SUE: 0.88 | # QB: 1
Revenue Correlation: 77.80 | Revenue CAGR: 3.94% | SUE: 3.37 | # QB: 1
EPS current Quarter (2026-09-30): EPS=6.18 | Chg30d=+0.99% | Revisions=+50% | Analysts=4
EPS current Year (2026-12-31): EPS=16.18 | Chg30d=+0.79% | Revisions=+40% | GrowthEPS=+17.2% | GrowthRev=+10.8%
EPS next Year (2027-12-31): EPS=16.71 | Chg30d=+0.05% | Revisions=+50% | GrowthEPS=+3.3% | GrowthRev=+1.0%
[Analyst] Revisions Ratio: +73% (up=8, down=0)