MATR Stock Analysis: Mattr | TO
Oil & Gas Equipment & Services | TO, Canada | Market Cap: 1.334m CAD | 12M Return: 103% | CA57722Y1025 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 6.64M
Qual. Beats: 0
Rev. Trend: 30.8%
Qual. Beats: 3
Warnings
No concerns identified
Tailwinds
Seasonality
Mattr Corp. is a Canadian materials technology company serving infrastructure markets across energy, transportation, water, communications and other sectors. Its Composite Technologies business makes flexible composite pipes, underground storage tanks and stormwater products; its Connection Technologies business supplies heat-shrink products and engineered wires, cables and connectors.
Its products support applications including oil and gas gathering, water management and industrial automation. Mattr, formerly Shawcor, changed its name in January 2024 and is classified in the oil and gas equipment and services industry.
- North American oil and gas activity drives Flexpipe demand
- Water infrastructure spending supports Xerxes tank and stormwater growth
- Connection Technologies margins depend on industrial demand and product mix
| Net Income: 28.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 2.03 > 1.0 |
| NWC/Revenue: 19.09% < 20% (prev 20.15%; Δ -1.06% < -1%) |
| CFO/TA 0.03 > 3% & CFO 58.2m > Net Income 28.0m |
| Net Debt (705.7m) to EBITDA (161.9m): 4.36 < 3 |
| Current Ratio: 1.83 > 1.5 & < 3 |
| Outstanding Shares: last quarter (61.7m) vs 12m ago -0.33% < -2% |
| Gross Margin: 22.48% > 18% (prev 25.45%; Δ -2.96% > 0.5%) |
| Asset Turnover: 80.56% > 50% (prev 66.39%; Δ 14.17% > 0%) |
| Interest Coverage Ratio: 2.07 > 6 (EBIT TTM 92.0m / Interest Expense TTM 44.5m) |
| A: 0.15 (Total Current Assets 567.0m - Total Current Liabilities 310.1m) / Total Assets 1.72b |
| B: -0.02 (Retained Earnings -38.0m / Total Assets 1.72b) |
| C: 0.06 (EBIT TTM 92.0m / Avg Total Assets 1.67b) |
| D: 0.87 (Book Value of Equity 802.5m / Total Liabilities 918.2m) |
| Altman-Z'' = 2.20 = BBB |
| DSRI: 1.03 (Receivables 267.5m/207.2m, Revenue 1.35b/1.08b) |
| GMI: 1.13 (GM 25.45% / 22.48%) |
| AQI: 0.95 (AQ_t 0.38 / AQ_t-1 0.40) |
| SGI: 1.25 (Revenue 1.35b / 1.08b) |
| TATA: -0.02 (NI 28.0m - CFO 58.2m) / TA 1.72b) |
| Beneish M = -2.73 (Cap -4..+1) = A |
As of October 20, 2026, the stock is trading at CAD 21.70 with a total of 114,884 shares traded. Over the past week, the price has changed by -0.14%, over one month by +4.23%, over three months by +17.81% and over the past year by +102.99%.
Current recommended Stop Loss: 20.90 (which is 3.7% or 1.3 ATR below the current price).
Mattr has no consensus analysts rating.
P/E Trailing = 43.52
P/E Forward = 15.4321
P/S = 0.9917
P/B = 1.6212
P/EG = 0.6195
Revenue TTM = 1.35b CAD
EBIT TTM = 92.0m CAD
EBITDA TTM = 161.9m CAD
Long Term Debt = 440.3m CAD (from longTermDebt, last quarter)
Short Term Debt = 16.6m CAD (from shortTermDebt, last quarter)
Debt = 744.8m CAD (from shortLongTermDebtTotal, last quarter) + Leases 155.6m
Net Debt = 705.7m CAD (calculated: Debt 744.8m - CCE 39.1m)
Enterprise Value = 2.04b CAD (1.33b + Debt 744.8m - CCE 39.1m)
Interest Coverage Ratio = 2.07 (Ebit TTM 92.0m / Interest Expense TTM 44.5m)
EV/FCF = 134.5x (Enterprise Value 2.04b / FCF TTM 15.2m)
FCF Yield = 0.74% (FCF TTM 15.2m / Enterprise Value 2.04b)
FCF Margin = 1.13% (FCF TTM 15.2m / Revenue TTM 1.35b)
Net Margin = 2.08% (Net Income TTM 28.0m / Revenue TTM 1.35b)
Gross Margin = 22.48% ((Revenue TTM 1.35b - Cost of Revenue TTM 1.04b) / Revenue TTM)
Gross Margin QoQ = 25.08% (prev 21.29%)
Tobins Q-Ratio = 1.19 (Enterprise Value 2.04b / Total Assets 1.72b)
Interest Expense / Debt = 5.98% (Interest Expense 44.5m / Debt 744.8m)
Taxrate = 37.68% (18.8m / 50.0m)
NOPAT = 57.3m (EBIT 92.0m * (1 - 37.68%))
Current Ratio = 1.83 (Total Current Assets 567.0m / Total Current Liabilities 310.1m)
Debt / Equity = 0.93 (Debt 744.8m / totalStockholderEquity, last quarter 802.5m)
Debt / EBITDA = 4.36 (Net Debt 705.7m / EBITDA 161.9m)
Debt / FCF = 46.52 (Net Debt 705.7m / FCF TTM 15.2m)
Total Stockholder Equity = 773.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.68% (Net Income 28.0m / Total Assets 1.72b)
RoE = 3.62% (Net Income TTM 28.0m / Total Stockholder Equity 773.6m)
RoCE = 7.58% (EBIT 92.0m / Capital Employed (Equity 773.6m + L.T.Debt 440.3m))
RoIC = 4.13% (NOPAT 57.3m / Invested Capital 1.39b)
WACC = 7.88% (E(1.33b)/V(2.08b) * Re(10.20%) + D(744.8m)/V(2.08b) * Rd(5.98%) * (1-Tc(0.38)))
Discount Rate = 10.20% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -89.93 | Cagr: -3.18%
[DCF] Terminal Value 75.44% ; FCFF base≈15.2m ; Y1≈15.2m ; Y5≈16.1m
[DCF] Fair Price = N/A (negative equity: EV 251.0m - Net Debt 705.7m = -454.7m; debt exceeds intrinsic value)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.0 | # QB: 0
Revenue Correlation: 30.78 | Revenue CAGR: 5.19% | SUE: 0.86 | # QB: 3
EPS current Quarter (2026-09-30): EPS=0.39 | Chg30d=-0.64% | Revisions=+50% | Analysts=4
EPS current Year (2026-12-31): EPS=1.09 | Chg30d=+6.65% | Revisions=+25% | GrowthEPS=+98.2% | GrowthRev=+14.8%
EPS next Year (2027-12-31): EPS=1.48 | Chg30d=+2.36% | Revisions=+25% | GrowthEPS=+35.4% | GrowthRev=+5.8%
[Analyst] Revisions Ratio: +62% (up=5, down=0)