Matthews International Corporat (MATW) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Matthews International Corporat

NasdaqGS•Industrials•Conglomerates

$21.13+0.03(<0.01%)Market closed

Market Cap

$625.93M

P/S

0.6x

P/B

1.3x

Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies worldwide. It operates through three segments: Memorialization, Industrial Technologies, and Brand Solutions. The Memorialization segment provides bronze and granite memorials, upright granite memorials and monuments, concrete burial vaults, cremation memorialization products, granite benches, flower vases, crypt plates and letters, cremation urns, niche units, cemetery features, and statues, as well as bronze plaques, letters, emblems, vases, lights and photo ceramics, granite monuments, mausoleums, crypts, and flush memorials. The Industrial Technologies segment designs, manufactures, services, and distributes high-tech custom energy storage solutions, and product identification and warehouse automation technologies and solutions, including order fulfillment systems for identifying, tracking, picking, and conveying consumer and industrial products. This segment also provides engineered calendaring, laminating, and coating equipment; stand-alone marking products; laser and ink-jet printing systems; and spare parts, calendar, and coating-roller refurbishing and retrofits. The Brand solutions segment provides brand management, pre-media services, printing plates and cylinders, imaging services, digital asset management, merchandising display systems, and marketing and design services for the consumer goods and retail industries. The company was founded in 1850 and is based in Pittsburgh, Pennsylvania.

How this company scores

WeakMetricSide Score: 29/100

Strongest: Balance Sheet & Red Flags (13/25); weakest: Cash & Earnings Quality (2/25).

Profitability8/25

Growth6/25

Balance Sheet & Red Flags13/25

Cash & Earnings Quality2/25

Strengths

Profit converts from growthImproving leverage

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 81.6x5y range 27.9x – 384.3x

Currently above its 7-quarter median.

P/S · 0.6x5y range 0.4x – 0.7x

Currently near its 20-quarter median.

P/B · 1.3x5y range 1.3x – 2.5x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 6 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $625.93M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.11B
Q. Revenue: $246.02M
TTM EBITDA: $120.80M
TTM Op. Income: $69.77M
Q. Op. Income: $-13.22M
TTM Net Income: $-29.36M
Q. Net Income: $-23.69M
EPS: $-0.75
Shares Out.: $31.44M

$1.11B in TTM revenue declined 31.8% YoY, reaching $246.02M last quarter. TTM EBITDA of $120.80M and TTM operating income of $69.77M show growth is flowing through to the bottom line. However, net income is negative at $29.36M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has fallen for 7 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 35.8%
EBITDA Margin: -0.6%
Op. Margin: -5.4%
Net Margin: -9.6%

Op. margin of -5.4% is down 26.9% YoY — costs are rising relative to revenue. Net margin at -9.6% and gross margin of 35.8% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has fallen for 2 consecutive quarters — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 0.6x
P/B Ratio: 1.3x

P/S of 0.6x and P/B of 1.3x. P/S is low relative to typical market levels. Over the past year, P/E is up 0% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $1.51B
Cash: $37.60M
Long-Term Debt: $567.26M
Book Value: $485.97M
D/E Ratio: 1.2
Debt/EBITDA: N/A

With $1.51B in assets and $567.26M in long-term debt, D/E is 1.2and book value is $485.97M — moderate leverage. Across the last 8 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-2.12M
TTM Free Cash Flow: $-81.97M
FCF Margin: -7.4%
FCF / Net Income: 2.8

TTM FCF of $-81.97M on $-2.12M in operating cash flow. The FCF / Net Income ratio of 2.8x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 125% — an improving trend.