Matthews International Corp - Class A chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 56.19
Dividend & Yield0.92$ (2.91%)
Beta 1.07
Market capitalization 973.78M
Operating cash flow 126.86M
ESG Scores unknown

Company description

Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies worldwide. It operates through three segments: Memorialization, Industrial Technologies, and SGK 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, emblems, lights, photo ceramics, caskets, and cremation and incineration equipment for the cemetery and funeral home industries. 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, and calendar and coating-roller refurbishing and retrofits. The SGK 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.

Sector: Industrials - Industry: Conglomerates

Financial Ratios
Quick Ratio1.23
Working Capital0.01
Return On Equity0
Debt To Equity1.18
Fixed Asset Ratio0.16
Fixed Interest Cover2.39

Financial data

Financial Statements

Cashflow Statement 2018-09-30 2019-09-30 2020-09-30 2021-09-30
Change To Liabilities 2.52M 3.71M 8.36M 29.62M
Total Cashflows From Investing Activities -162.34M -60.76M -2.72M -12.99M
Net Borrowings 53.02M -16.04M -126.28M -76.77M
Total Cash From Financing Activities 901k -75.04M -172.25M -122.85M
Change To Operating Activities -3.28M -8.17M 31.64M 7.79M
Issuance Of Stock
Net Income 107.37M -37.99M -87.16M 2.91M
Change In Cash -15.94M -6.27M 6.03M 27.01M
Effect Of Exchange Rate -2.08M -1.55M 555k 43k
Total Cash From Operating Activities 147.57M 131.08M 180.45M 162.81M
Depreciation 76.97M 90.79M 119.06M 118.31M
Change To Account Receivables -790k 8.78M 24.05M -13.42M
Other Cashflows From Financing Activities -6.3M -7.26M -15.1M -6.52M
Change To Netincome -22.37M 78.54M 80.9M 29.84M
Capital Expenditures -43.2M -37.69M -34.85M -34.31M

Income Statement 2018-09-30 2019-09-30 2020-09-30 2021-09-30
Research Development
Income Before Tax 97.99M -38.08M -106.34M 9.23M
Net Income 107.37M -37.99M -87.16M 2.91M
Selling General Administrative 419.82M 412.64M 407.83M 421.4M
Gross Profit 584.22M 542.47M 510.17M 559.13M
Ebit 132.83M 84.07M 30.83M 68.7M
Operating Income 132.83M 84.07M 30.83M 68.7M
Interest Expense -37.43M -40.96M -34.88M -28.68M
Income Tax Expense -9.12M 806k -18.68M 6.38M
Total Revenue 1.6B 1.54B 1.5B 1.67B
Cost Of Revenue 1.02B 994.81M 988.14M 1.11B
Total Other Income ExpenseNet -34.84M -122.16M -137.16M -59.46M
Net Income From Continuing Ops 107.11M -38.89M -87.65M 2.86M
Net Income Applicable To Common Shares 107.37M -37.99M -87.16M 2.91M

Balance Sheet Statement 2018-09-30 2019-09-30 2020-09-30 2021-09-30
Total Liabilities 1.49B 1.47B 1.46B 1.4B
Total Stockholder Equity 868.35M 718.11M 610.81M 636.55M
Other Current Liabilities 133.61M 119.79M 121.96M 140.87M
Total Assets 2.36B 2.19B 2.07B 2.03B
Common Stock 36.33M 36.33M 36.33M 36.33M
Other Current Assets 57.73M 48.84M 63.95M 76.05M
Retained Earnings 1.04B 972.59M 859M 834.21M
Treasury Stock -337.61M -428.6M -419.72M -383.48M
Cash 41.57M 35.3M 41.33M 49.18M
Total Current Liabilities 286.4M 279.88M 316.87M 354.23M
Other Stockholder Equity -164.3M -228.36M -240.72M -192.74M
Property, Plant, and Equipment 252.78M 237.44M 308.8M 303.97M
Total Current Assets 615.08M 583.72M 575.57M 624.16M
Net Tangible Assets -524.45M -529.35M -488.08M -398.78M
Net Receivables 331.46M 318.76M 295.19M 309.82M
Accounts Payable 70.04M 74.56M 82.92M 112.72M


Insider Transactions

Here are the insider transactions of stock shares related to Matthews International Corp - Class A:

Filer Name Transaction Text Ownership Date Filer Relation Shares
BARTOLACCI JOSEPH CSale at price 30.17 per share.D2022-11-21Chief Executive Officer10k
NICOLA STEVEN FRANCISD2022-11-17Chief Financial Officer13.76k
DUNN BRIAN JD2022-11-17Officer7.27k
BARTOLACCI JOSEPH CD2022-11-17Chief Executive Officer45.15k
WALTERS BRIAN DD2022-11-17General Counsel7.27k
BABE GREGORY SD2022-11-17Chief Technology Officer7.27k
GACKENBACH STEVEN DD2022-11-17Officer7.27k
KOHL GARY RAYMONDD2022-11-17Officer8.95k
BRKOVICH DAVORD2022-11-17Chief Technology Officer1.17k
AWENOWICZ RONALD CD2022-11-17Officer895
GURTNER REENAD2022-11-17Officer335
NICOLA STEVEN FRANCISD2022-11-14Chief Financial Officer8.61k
DUNN BRIAN JD2022-11-14Officer4.55k
BARTOLACCI JOSEPH CD2022-11-14Chief Executive Officer28.25k
WALTERS BRIAN DD2022-11-14General Counsel4.55k
BABE GREGORY SD2022-11-14Chief Technology Officer4.55k
GACKENBACH STEVEN DD2022-11-14Officer4.55k
KOHL GARY RAYMONDD2022-11-14Officer5.6k
BRKOVICH DAVORD2022-11-14Chief Technology Officer735
AWENOWICZ RONALD CD2022-11-14Officer560
GURTNER REENAD2022-11-14Officer210
SCHAWK DAVID AStock Gift at price 0.00 per share.D2022-08-22Director7.09k
AWENOWICZ RONALD CSale at price 25.92 per share.D2022-08-08Officer398
SCHAWK DAVID AD2022-03-11Director5.64k
QUIGLEY DONALD W JRD2022-03-11Director5.64k
O BRIEN MORGAN KEVIND2022-03-11Director5.64k
GARCIA TUNON ALVAROConversion of Exercise of derivative security at price 33.33 per share.D2022-03-11Director5.64k
DIETZE-COURAGE KATHERINE ELIZABETHD2022-03-11Director5.64k
DUNLAP TERRY LD2022-03-11Director5.64k
WHITAKER JERRY RD2022-03-11Director5.64k
ETZKORN LILLIAND2022-03-11Director2.63k
GARCIA TUNON ALVAROStock Gift at price 0.00 per share.D/I2021-12-29Director24.22k
SCHAWK DAVID AD2021-11-18Director2.06k
NICOLA STEVEN FRANCISD2021-11-18Chief Financial Officer6.4k
DUNN BRIAN JD2021-11-18Officer3.61k
BARTOLACCI JOSEPH CD2021-11-18Chief Executive Officer23.44k
WALTERS BRIAN DD2021-11-18General Counsel3.61k
BABE GREGORY SD2021-11-18Chief Technology Officer3.61k
GACKENBACH STEVEN DD2021-11-18Officer3.61k
KOHL GARY RAYMONDD2021-11-18Officer3.61k
BRKOVICH DAVORD2021-11-18Chief Technology Officer550
AWENOWICZ RONALD CD2021-11-18Officer412
GURTNER REENAD2021-11-18Officer464
NICOLA STEVEN FRANCISD2021-11-15Chief Financial Officer7.44k
DUNN BRIAN JD2021-11-15Officer4.2k
BARTOLACCI JOSEPH CD2021-11-15Chief Executive Officer27.24k
WALTERS BRIAN DD2021-11-15General Counsel4.2k
BABE GREGORY SD2021-11-15Chief Technology Officer4.2k
GACKENBACH STEVEN DD2021-11-15Officer4.2k
KOHL GARY RAYMONDD2021-11-15Officer4.2k
BRKOVICH DAVORD2021-11-15Chief Technology Officer640

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Matthews International Corp - Class A. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Matthews International Corp - Class A

Here is the result of two systematic investment strategies applied to Matthews International Corp - Class A. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Matthews International Corp - Class A

The following chart shows the equity curve of the two systematic investment strategies applied to Matthews International Corp - Class A:

Matthews International Corp - Class A automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 3.35% on the backtest period.

Performance at glance

Performance

3.35 %

Latent gain

74.98 $

Invested capital

2239.2 $

Annualized return

0.81 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on Matthews International Corp - Class A

This is the result of two momentum investment strategies applied to Matthews International Corp - Class A. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Matthews International Corp - Class A

The following chart shows all the entries opened by the momentum investment system on Matthews International Corp - Class A:

Matthews International Corp - Class A momentum entries
  • The first momentum investment strategy would give 8.17% of return on Matthews International Corp - Class A. That represents 430.25$ of latent gain with 5268.85$ of employed capital.
  • The second momentum investment strategy would give 9.73% of return on Matthews International Corp - Class A. That represents 241.96$ of latent gain with 2486.7$ of employed capital.
Performance at glance (1Q Momentum)

Performance

8.17 %

Latent gain

430.25 $

Invested capital

5268.85 $

Annualized return

4.59 %
Performance at glance (2Q Momentum)

Performance

9.73 %

Latent gain

241.96 $

Invested capital

2486.7 $

Annualized return

2.66 %

Momentum equity curve on Matthews International Corp - Class A

The following chart shows the equity curve of the two momentum strategies applied to Matthews International Corp - Class A:

Matthews International Corp - Class A momentum equity

Note: the dividends potentially given by Matthews International Corp - Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Matthews International Corp - Class A

The following chart shows the employed capital evolution of the two momentum strategies on Matthews International Corp - Class A since the beginning:

Matthews International Corp - Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Matthews International Corp - Class A

Buy the dip entry openings on Matthews International Corp - Class A

Matthews International Corp - Class A

The performance achieved by the robo-advisor on Matthews International Corp - Class A is 9.83%. That represents 46.35$ of latent gain with 471.75$ of employed capital. The following chart shows Matthews International Corp - Class A stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Matthews International Corp - Class A, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

9.83 %

Latent gain

46.35 $

Invested capital

471.75 $

Annualized return

4.59 %

Equity curve of the strategy applied to Matthews International Corp - Class A

The following chart shows the result of the investment strategy applied to Matthews International Corp - Class A:

Matthews International Corp - Class A

Note: the dividends potentially given by Matthews International Corp - Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Matthews International Corp - Class A

The following chart shows the employed capital evolution since the beginning of the investment strategy on Matthews International Corp - Class A:

Matthews International Corp - Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Matthews International Corp - Class A

In this section, I will compare the three previous investment strategies applied to Matthews International Corp - Class A.

Equity curve comparison on Matthews International Corp - Class A

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Matthews International Corp - Class A investment strategy comparison

Employed capital comparison on Matthews International Corp - Class A

Matthews International Corp - Class A investment comparison

Performance comparison on Matthews International Corp - Class A

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 3.35% 74.98$ 2239.2$ 0.81%
Momentum 1 quarter 8.17% 430.25$ 5268.85$ 2.09%
Momentum 2 quarters 9.73% 241.96$ 2486.7$ 2.66%
Non-directional 9.83% 46.35$ 471.75$ 4.59%
Annualized return comparison

Automatic investment

0.81 %

Momentum 1Q

2.66 %

Momentum 2Q

2.66 %

Non-directional

4.59 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Matthews International Corp - Class A:

Positive correlations

Most correlated stocks this year

  • Matthews International Corp - Class A

  • Most correlated stocks last 3 months

  • Stanley Black & Decker Inc - Unit
  • Forrester Research Inc
  • First Bancorp Inc (ME)
  • WYNNSTAY GROUP PLC ORD 25P
  • L.B. Foster Co. - Class A
  • Diamond Hill Investment Group Inc - Class A
  • Resolute Forest Products Inc
  • Universal Insurance Holdings Inc
  • Tupperware Brands Corporation
  • WestRock Company
  • Standard Motor Products Inc
  • Arrow Financial Corp
  • Luther Burbank Corp
  • Insteel Industries Inc
  • Matthews International Corp - Class A
  • Stanley Black & Decker Inc
  • First Foundation Inc
  • Verizon Communications Inc
  • Freeport-McMoRan Inc
  • Crocs Inc
  • Oppenheimer Holdings Inc - Class A
  • Topgolf Callaway Brands Corp
  • Core Laboratories N.V.
  • Global X SuperDividend ETF
  • Universal Stainless & Alloy Products Inc
  • Snap-on Inc
  • INVESCO INTERNATIONAL BUYBACK ACHIEVERS ETF
  • UMH Properties Inc
  • IShares MSCI Emerging Markets ex China ETF
  • Capri Holdings Ltd
  • Hasbro Inc
  • iShares MSCI Ireland ETF
  • Franklin Electric Co. Inc
  • Universal Corp
  • Curtiss-Wright Corp
  • WEIR GROUP PLC ORD 12.5P
  • Lincoln Electric Holdings Inc
  • Autoliv Inc
  • LyondellBasell Industries NV - Class A
  • Emerson Electric Company
  • JELD-WEN Holding Inc
  • Encore Wire Corp
  • DXP Enterprises Inc
  • First Bancorp PR
  • Forward Air Corp
  • Mosaic Company
  • Mueller Industries Inc
  • Invesco S&P SmallCap Materials ETF
  • Invesco S&P 500 Equal Weight Materials ETF
  • Invesco S&P SmallCap 600 Pure Value ETF
  • Scansource Inc
  • ITT Inc
  • Robert Half International Inc
  • Avient Corp
  • Whirlpool Corp
  • J.B. Hunt Transport Services Inc
  • MACOM Technology Solutions Holdings Inc
  • Paccar Inc
  • TE Connectivity Ltd
  • Donaldson Co. Inc
  • Oxford Industries Inc
  • Sensient Technologies Corp
  • Sierra Bancorp
  • Trico Bancshares
  • O-I Glass Inc
  • Ingevity Corp
  • Invesco S&P SmallCap Information Technology ETF
  • Kaman Corp
  • PPG Industries Inc
  • Flowserve Corp
  • VICTORYSHARES INTERNATIONAL HIGH DIV VOLATILITY WT
  • First Trust RiverFront Dynamic Developed Internati
  • Vanguard International High Dividend Yield ETF
  • VICTORYSHARES INTERNATIONAL VOLATILITY WTD ETF
  • Schwab International Equity ETF
  • SPDR Portfolio Developed World ex-US ETF
  • Crane Holdings Company
  • AGCO Corp
  • Marriott International Inc - Class A
  • Sonoco Products Company
  • iShares Trust iShares ESG Aware MSCI EAFE ETF
  • Vishay Precision Group Inc
  • Barrett Business Services Inc
  • Summit Materials Inc - Class A
  • Clearfield Inc
  • Minerals Technologies Inc
  • American Vanguard Corp
  • Trimas Corporation
  • Innospec Inc
  • Myers Industries Inc
  • Acuity Brands Inc
  • Miller Industries Inc
  • Canadian National Railway Company
  • Hibbett Inc
  • Fortive Corp
  • Genpact Ltd
  • Arlo Technologies Inc
  • ISHARES INDIA 50 ETF
  • Woori Financial Group Inc
  • Shinhan Financial Group Co. Ltd
  • DZS Inc
  • iMedia Brands Inc - Class A
  • Rush Enterprises Inc - Class A
  • Rush Enterprises Inc - Class B
  • JAGUAR MINING INC
  • H.B. Fuller Company
  • CRH Plc
  • H&E Equipment Services Inc
  • Fabrinet
  • Gap Inc
  • Invesco RAFI Strategic Developed ex-US ETF
  • Rigel Pharmaceuticals
  • Pediatrix Medical Group Inc
  • Liberty TripAdvisor Holdings Inc - Series A
  • Almaden Minerals Ltd
  • Equitrans Midstream Corporation
  • Graham Holdings Co. - Class B
  • POSCO Holdings Inc
  • Valvoline Inc
  • Deere & Company
  • Radware
  • CGI Inc - Class A
  • Titan Machinery Inc
  • Maximus Inc
  • 3M Company
  • Leggett & Platt Inc
  • Union Pacific Corp
  • Armada Hoffler Properties Inc
  • Cactus Inc - Class A
  • Hudbay Minerals Inc
  • Mettler-Toledo International Inc

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between Matthews International Corp - Class A and the other stocks. There may be false positives or some missing correlated stocks. If the price of Matthews International Corp - Class A does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Matthews International Corp - Class A
    Country United States
    City Pittsburgh
    Address Two NorthShore Center
    Phone 412 442 8200
    Website www.matw.com
    FullTime employees 12000
    Industry Conglomerates
    Sector Industrials
    Exchange XNAS
    Ticker MATW
    Market www.nasdaq.com

    Matthews International Corp - Class A ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown