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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, 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 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.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Matthews International Corporation makes memorialization products, industrial technologies and brand solutions serving cemeteries, manufacturers and consumer brands. Long-term drivers include steady demand from an aging population and growth in industrial marking, automation and brand management that could support recurring revenue; the company appears positioned as a diversified niche supplier with established customer relationships.
Key risks include cyclicality in manufacturing end-markets, commodity and supply-chain pressures, execution risk on acquisitions and integration, and potential regulatory or reputational exposure in the memorialization business that investors should monitor.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 |
| Income before tax | 40.91M | -104.22M | 9.23M | -106.34M | -38.08M |
| Minority interest | 0.15M | 0.05M | -0.05M | -0.50M | 1.13M |
| Net income | 39.29M | -99.83M | 2.91M | -87.65M | -38.89M |
| Selling general administrative | 307.37M | 298.31M | 285.37M | 274.92M | 275.47M |
| Selling and marketing expenses | 140.12M | 128.36M | 130.20M | 125.12M | 133.37M |
| Gross profit | 577.67M | 522.28M | 541.83M | 497.77M | 542.47M |
| Reconciled depreciation | 96.53M | 104.06M | 133.51M | 119.06M | 90.79M |
| Ebit | 88.12M | 120.97M | 42.03M | 26.21M | 165.45M |
| Ebitda | 184.65M | 225.03M | 175.55M | 145.27M | 256.24M |
| Depreciation and amortization | 96.53M | 104.06M | 133.51M | 119.06M | 90.79M |
| Non operating income net other | - | -32.56M | -4.12M | -7.26M | - |
| Operating income | 88.12M | 120.97M | 42.03M | 26.21M | 165.45M |
| Other operating expenses | 1792.78M | 1723.89M | 1629.00M | 1472.09M | 1449.40M |
| Interest expense | 44.65M | 27.73M | 28.68M | 42.14M | 40.96M |
| Tax provision | 1.77M | -4.39M | 6.38M | -18.68M | 0.81M |
| Interest income | - | - | - | - | 39.47M |
| Net interest income | -47.21M | -27.73M | -28.68M | -34.88M | -40.96M |
| Extraordinary items | - | - | - | - | -0.30M |
| Non recurring | - | 82.45M | - | 90.41M | - |
| Income tax expense | 1.77M | -4.39M | 6.38M | -18.68M | 0.81M |
| Total revenue | 1880.90M | 1762.40M | 1671.03M | 1498.31M | 1537.28M |
| Total operating expenses | 489.56M | 483.76M | 499.80M | 471.55M | 454.59M |
| Cost of revenue | 1303.22M | 1240.12M | 1129.20M | 1000.54M | 994.81M |
| Total other income expense net | -2.56M | -225.19M | -32.80M | -132.55M | -203.53M |
| Net income from continuing ops | 39.14M | -99.83M | 2.86M | -87.65M | -38.89M |
| Net income applicable to common shares | - | -99.77M | 2.91M | -87.16M | -37.99M |
| Breakdown | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 |
| Total assets | 1887.38M | 1882.77M | 2032.08M | 2072.63M | 2190.60M |
| Intangible assets | 160.48M | 202.15M | 261.54M | 333.50M | 400.65M |
| Other current assets | 138.22M | 113.14M | 76.08M | 63.95M | 49.38M |
| Total liab | 1362.10M | 1395.69M | 1395.67M | 1461.20M | 1471.37M |
| Total stockholder equity | 525.28M | 487.08M | 636.40M | 611.43M | 719.24M |
| Other current liab | 239.65M | 286.74M | 349.60M | 290.04M | 237.38M |
| Common stock | 36.33M | 36.33M | 36.33M | 36.33M | 36.33M |
| Capital stock | 36.33M | 36.33M | 36.33M | 36.33M | 36.33M |
| Retained earnings | 714.73M | 706.75M | 834.21M | 859.00M | 972.59M |
| Other liab | - | 137.58M | 282.36M | 282.70M | 292.40M |
| Good will | 698.11M | 675.42M | 773.79M | 765.39M | 846.81M |
| Other assets | - | 19.66M | 148.88M | 30.75M | 40.22M |
| Cash | 42.10M | 69.02M | 49.18M | 41.33M | 35.30M |
| Total current liabilities | 394.60M | 411.38M | 354.23M | 316.87M | 279.88M |
| Current deferred revenue | 36.94M | - | -112.72M | -82.92M | -74.56M |
| Net debt | 748.08M | 729.55M | 714.53M | 793.20M | 905.39M |
| Short term debt | 3.70M | 3.28M | 4.62M | 26.82M | 42.50M |
| Short long term debt | 3.70M | 3.28M | 4.62M | 26.82M | 42.50M |
| Short long term debt total | 790.18M | 798.57M | 763.71M | 834.53M | 940.70M |
| Other stockholder equity | -51.38M | -65.82M | -41.40M | -43.18M | -61.33M |
| Property plant equipment | - | 328.04M | 223.71M | 236.79M | 237.44M |
| Total current assets | 648.26M | 628.62M | 624.16M | 575.57M | 583.72M |
| Long term investments | 24.99M | 25.98M | 30.44M | 63.25M | 85.50M |
| Net tangible assets | - | -390.22M | -398.93M | 610.81M | -529.35M |
| Net receivables | 207.53M | 221.01M | 309.82M | 295.19M | 318.76M |
| Long term debt | 786.48M | 795.29M | 759.09M | 807.71M | 898.19M |
| Inventory | 260.41M | 225.44M | 189.09M | 175.10M | 180.27M |
| Accounts payable | 114.32M | 121.36M | 112.72M | 82.92M | 74.56M |
| Noncontrolling interest in consolidated entity | - | -0.28M | -0.14M | 0.63M | - |
| Accumulated other comprehensive income | -174.40M | -190.19M | -192.74M | -240.72M | -228.36M |
| Common stock total equity | - | 36.33M | 36.33M | 36.33M | 36.33M |
| Retained earnings total equity | - | 706.75M | 834.21M | 859.00M | - |
| Treasury stock | - | -225.79M | -190.74M | -179.00M | -200.24M |
| Non currrent assets other | 82.95M | 90.93M | 114.95M | 94.38M | 31.45M |
| Non current assets total | 1239.12M | 1254.15M | 1407.91M | 1497.06M | 1606.89M |
| Capital lease obligations | 74.17M | 74.31M | 82.42M | - | - |
| Long term debt total | - | - | - | - | 898.19M |
| Breakdown | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 |
| Investments | -58.73M | 6.57M | 34.17M | -9.70M | -60.76M |
| Change to liabilities | - | 7.44M | -12.19M | -11.72M | 3.71M |
| Total cashflows from investing activities | - | -80.85M | -12.99M | -2.72M | -60.76M |
| Net borrowings | - | 35.69M | -76.77M | -126.28M | -16.04M |
| Total cash from financing activities | -50.20M | -37.21M | -122.85M | -172.25M | -75.04M |
| Change to operating activities | - | -59.46M | 12.98M | 31.64M | -8.17M |
| Net income | 39.14M | -99.83M | 2.86M | -87.65M | -38.89M |
| Change in cash | -29.31M | 3.07M | 27.01M | 6.03M | -6.27M |
| Begin period cash flow | 71.41M | 68.34M | 41.33M | 35.30M | 41.57M |
| End period cash flow | 42.10M | 71.41M | 68.34M | 41.33M | 35.30M |
| Total cash from operating activities | 79.52M | 126.86M | 162.81M | 180.45M | 131.08M |
| Depreciation | 96.53M | 104.06M | 133.51M | 119.06M | 90.79M |
| Other cashflows from investing activities | - | 13.07M | 36.94M | -0.38M | -11.57M |
| Dividends paid | -28.20M | -27.68M | -27.70M | -26.44M | 25.62M |
| Change to inventory | -23.99M | -23.46M | -12.84M | 5.98M | 0.83M |
| Change to account receivables | 26.46M | 74.01M | -13.42M | 24.05M | 8.78M |
| Sale purchase of stock | -2.86M | -41.72M | -11.86M | -4.43M | -26.13M |
| Other cashflows from financing activities | -0.91M | 774.31M | -6.52M | -172.25M | -7.26M |
| Change to netincome | - | 122.30M | 13.41M | 111.28M | 78.54M |
| Capital expenditures | 50.60M | 61.32M | 34.31M | 34.85M | 37.69M |
| Cash flows other operating | - | 59.73M | 28.10M | 60.69M | - |
| Cash and cash equivalents changes | - | 8.79M | 26.97M | 5.48M | - |
| Change in working capital | -35.50M | 29.59M | 12.98M | 67.64M | -12.48M |
| Stock based compensation | 17.31M | 17.43M | 15.58M | 8.10M | 7.73M |
| Other non cash items | -16.32M | 108.57M | -6.28M | 89.91M | 90.72M |
| Free cash flow | 28.93M | 65.54M | 128.50M | 145.60M | 93.39M |
Sector: Industrials Industry: Conglomerates
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| MATW Matthews International Corporation |
-0.09 0.46% |
19.64 | 26.40 | 11.51 | 0.43 | 1.61 | 0.91 | 9.77 |
| MTSUY Mitsubishi Corporation |
0.23 0.69% |
33.53 | 23.01 | 15.60 | 0.01 | 1.91 | 1.18 | 13.36 |
| MSBHF Mitsubishi Corp. |
- -% |
33.20 | 22.90 | 15.90 | 0.01 | 1.94 | 1.18 | 13.36 |
| ITOCF ITOCHU Corporation |
- -% |
14.89 | 18.13 | 16.50 | 0.01 | 2.45 | 1.37 | 11.52 |
| MITSY Mitsui & Company Ltd |
4.28 0.68% |
637.00 | 17.30 | 15.77 | 0.01 | 1.62 | 1.30 | 11.28 |
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, 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 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.
Two NorthShore Center, Pittsburgh, PA, United States, 15212-5851
412 442 8200
12000
| Name | Title | Year Born |
|---|---|---|
| Mr. Joseph C. Bartolacci | CEO, Pres & Director | 1960 |
| Mr. Steven F. Nicola | CFO & Corp. Sec. | 1960 |
| Mr. Brian J. Dunn | Exec. VP of Strategy & Corp. Devel. | 1957 |
| Mr. Steven D. Gackenbach | Exec. VP & Group Pres of Memorialization | 1963 |
| Mr. Gary R. Kohl | Exec. VP & Pres of SGK Brand Solutions | 1964 |
| Mr. Gregory S. Babe | CTO, Group Pres of Industrial Technologies Segment & Director | 1958 |
| Mr. Davor Brkovich | Chief Information Officer | NA |
| Mr. William D. Wilson | Sr. Director of Corp. Devel. & Investor Relations | NA |
| Mr. Brian D. Walters Esq. | Exec. VP & Gen. Counsel | 1969 |
| Mr. Ronald C. Awenowicz | Sr. VP of HR | NA |
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