0.36%
2.92%
-7.60%
7.90%
25.38%
43.67%
291.96%
AI Spotlight on MATX
Company Description
Matson, Inc., together with its subsidiaries, provides ocean transportation and logistics services.The company's Ocean Transportation segment offers ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, as well as to other island economies in Micronesia.It primarily transports dry containers of mixed commodities, refrigerated commodities, packaged foods and beverages, building materials, automobiles, and household goods; livestock; seafood; general sustenance cargo; and garments, footwear, e-commerce, and other retail merchandise.
This segment also operates an expedited service from China to Long Beach, California, and various islands in the South Pacific, as well as Okinawa, Japan; and provides container stevedoring, refrigerated cargo services, inland transportation, container equipment maintenance, and other terminal services to ocean carriers on the Hawaiian islands of Oahu, Hawaii, Maui, and Kauai, as well as in the Alaska locations of Anchorage, Kodiak, and Dutch Harbor.In addition, the company offers vessel management and container transshipment services.Its Logistics segment provides multimodal transportation brokerage services, including domestic and international rail intermodal, long-haul and regional highway trucking, specialized hauling, flat-bed and project, less-than-truckload, and expedited freight services; less-than-container load consolidation and freight forwarding services; warehousing and distribution services; supply chain management services, and non-vessel operating common carrier freight forwarding services.
The company serves the U.S. military, freight forwarders, retailers, consumer goods, automobile manufacturers, and other customers.The company was formerly known as Alexander & Baldwin Holdings, Inc.and changed its name to Matson, Inc.
in June 2012.Matson, Inc.was founded in 1882 and is headquartered in Honolulu, Hawaii.
Market Data
| Last Price | 141.85 |
| Change Percentage | 0.36% |
| Open | 141.63 |
| Previous Close | 141.34 |
| Market Cap ( Millions) | 4711 |
| Volume | 275560 |
| Year High | 169.12 |
| Year Low | 100.5 |
| M A 50 | 143.69 |
| M A 200 | 133.16 |
Financial Ratios
| FCF Yield | 10.46% |
| Dividend Yield | 0.93% |
| ROE | 16.89% |
| Debt / Equity | 25.70% |
| Net Debt / EBIDTA | 47.88% |
| Price To Book | 1.85 |
| Price Earnings Ratio | 11.5 |
| Price To FCF | 9.56 |
| Price To sales | 1.42 |
| EV / EBITDA | 6.31 |
News
- Jan -23 - MATSON ANNOUNCES QUARTERLY DIVIDEND OF $0.34 PER SHARE
- Dec -19 - 3 Transportation-Services Stocks to Add to Your Portfolio Now
- Nov -12 - MATSON TO PARTICIPATE AT STEPHENS 2024 ANNUAL INVESTMENT CONFERENCE
- Nov -06 - 3 Transport-Service Stocks to Keep an Eye on Despite Industry Hiccups
- Nov -01 - 2 Highly Ranked Stocks to Buy After Q3 Earnings: AEM, MATX
- Oct -31 - New Strong Buy Stocks for October 31st
- Oct -31 - Best Value Stocks to Buy for October 31st
- Oct -30 - Matson (MATX) Q3 Earnings Surpass Estimates
- Oct -30 - Matson, Inc. (MATX) Q3 2024 Earnings Call Transcript
- Oct -30 - MATSON, INC. ANNOUNCES THIRD QUARTER 2024 RESULTS
- Oct -29 - New Strong Buy Stocks for October 29th
- Oct -24 - MATSON ANNOUNCES QUARTERLY DIVIDEND OF $0.34 PER SHARE
- Oct -21 - Best Value Stocks to Buy for October 21st
- Oct -21 - New Strong Buy Stocks for October 21st
- Oct -16 - MATSON TO ANNOUNCE THIRD QUARTER 2024 RESULTS ON OCTOBER 30, 2024
- Oct -01 - Are You Looking for a Top Momentum Pick? Why Matson (MATX) is a Great Choice
- Sep -30 - Philly Shipyard Begins Construction on First of Three Matson Aloha Class LNG-Fueled Containerships
- Sep -30 - MATSON BEGINS CONSTRUCTION ON FIRST OF THREE NEW LNG-POWERED ALOHA CLASS CONTAINERSHIPS
- Sep -24 - Matson: A Steady Lifeline For Island Economies With Promising Long-Term Value
- Aug -09 - 5 Relative Price Strength Stocks to Manage Market Volatility
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Ocean Transportation
Expected Growth : 1.2 %
What the company do ?
Ocean Transportation from Matson, Inc. provides reliable and efficient shipping services across the Pacific, offering a range of cargo transportation solutions.
Why we expect these perspectives ?
Matson's Ocean Transportation segment growth of 1.2% is driven by increased demand for Hawaii and Guam trade lanes, improved vessel utilization, and higher average freight rates. Additionally, the company's strategic investments in fleet modernization and terminal upgrades have enhanced operational efficiency, contributing to the segment's growth.
Segment n°2 -> Logistics
Expected Growth : 0.8 %
What the company do ?
Matson Logistics, a subsidiary of Matson, Inc., provides customized logistics solutions, including freight forwarding, warehousing, and supply chain management services.
Why we expect these perspectives ?
Matson's logistics segment growth is driven by increasing demand for Hawaii-bound freight, expansion of its logistics services, and strategic acquisitions. The company's focus on providing premium services, including expedited shipping and supply chain management, has also contributed to its growth. Additionally, Matson's investments in technology and infrastructure have improved operational efficiency, further supporting growth.
Matson, Inc. Products
| Product Range | What is it ? |
|---|---|
| Ocean Transportation | Matson's ocean transportation services provide reliable and efficient movement of goods between the US mainland, Hawaii, Guam, and Micronesia. |
| Intermodal | Matson's intermodal services offer a seamless door-to-door transportation solution, combining ocean and land transportation. |
| Logistics | Matson's logistics services provide customized supply chain solutions, including warehousing, distribution, and freight forwarding. |
| SPR (Span Alaska Protection Racket) | Matson's SPR service provides specialized protection for high-value or sensitive cargo, such as electronics and pharmaceuticals. |
| Less than Container Load (LCL) Shipping | Matson's LCL shipping service allows customers to ship smaller quantities of goods, consolidated with other shipments. |
Matson, Inc.'s Porter Forces
Threat Of Substitutes
Matson, Inc. operates in a niche market with limited substitutes, but customers may still opt for alternative transportation methods, such as air freight or trucking, which could impact the company's revenue.
Bargaining Power Of Customers
Matson, Inc. has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's specialized services and long-term contracts further limit customer bargaining power.
Bargaining Power Of Suppliers
Matson, Inc. relies on a limited number of suppliers for fuel, equipment, and other essential services. While the company has some bargaining power due to its size, suppliers may still exert some influence over prices and terms.
Threat Of New Entrants
The barriers to entry in the Jones Act shipping market are high, with significant capital expenditures required to establish a new shipping company. This limits the threat of new entrants to Matson, Inc.'s market share.
Intensity Of Rivalry
Matson, Inc. operates in a highly competitive market with several established players, including Horizon Lines and Crowley Maritime. The company must continually invest in its fleet and services to maintain its market share.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 19.07% |
| Debt Cost | 3.95% |
| Equity Weight | 80.93% |
| Equity Cost | 9.55% |
| WACC | 8.48% |
| Leverage | 23.56% |
Matson, Inc. : Quality Control
Matson, Inc. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| WOR | Worthington Industries, Inc., an industrial manufacturing company, focuses on value-added steel processing, manufactured consumer, building, and sustainable mobility products in North America and internationally. It operates through Steel Processing, Consumer … |
| HAFNI.OL | Hafnia Limited owns and operates oil product tankers. The company operates through four segments: Long Range II (LR2), Long Range I (LR1), Medium Range (MR), and Handy size (Handy). It … |
| MLI | Mueller Industries, Inc. manufactures and sells copper, brass, aluminum, and plastic products in the United States, the United Kingdom, Canada, South Korea, the Middle East, China, and Mexico. It operates … |
| KEX | Kirby Corporation operates domestic tank barges in the United States. Its Marine Transportation segment provides marine transportation service and towing vessel transporting bulk liquid product, as well as operates tank … |
| GOGL | Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Hafnia
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Mueller Industries
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Golden Ocean
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Matson
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Kirby
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1-Year Total Return ->
6
