Industrials -
Conglomerates - NASDAQ - US
$ 19.88
-0.5 %
$ 616 M
Market Cap
-10.09
P/E
1. INTRINSIC VALUE
Balance Sheet
Matthews International Corporation
| Current Assets | 633 M |
| Cash & Short-Term Investments | 40.8 M |
| Receivables | 299 M |
| Other Current Assets | 293 M |
| Non-Current Assets | 1.2 B |
| Long-Term Investments | 23.1 M |
| PP&E | 340 M |
| Other Non-Current Assets | 839 M |
| Current Liabilities | 435 M |
| Accounts Payable | 108 M |
| Short-Term Debt | 29.5 M |
| Other Current Liabilities | 297 M |
| Non-Current Liabilities | 963 M |
| Long-Term Debt | 770 M |
| Other Non-Current Liabilities | 193 M |
EFFICIENCY
Earnings Waterfall
Matthews International Corporation
| Revenue | 1.8 B |
| Cost Of Revenue | 1.27 B |
| Gross Profit | 530 M |
| Operating Expenses | 614 M |
| Operating Income | -12.3 M |
| Other Expenses | 47.3 M |
| Net Income | -59.7 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Matthews International Corporation
| Net Income | -59.7 M |
| Depreciation & Amortization | 94.8 M |
| Capital Expenditures | -45.2 M |
| Stock-Based Compensation | 18.5 M |
| Change in Working Capital | 18.1 M |
| Others | -1.32 M |
| Free Cash Flow | 34.1 M |
Wall Street Analysts Price Targets
Matthews International Corporation
MATW has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
1.08%
DIVIDEND YIELD
0.25 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Matthews International Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
98.4 K USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Matthews International Shareholders Elect All Three of Matthews' Director Nominees at 2025 Annual Meeting
PITTSBURGH, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews” or the “Company”), celebrating its 175th year of continuous operation, today announced that, based on preliminary vote results provided by its proxy solicitor following the Company's 2025 Annual Meeting of Shareholders, Matthews' shareholders have voted to elect all three of the Company's director nominees – Terry L. Dunlap, Alvaro Garcia-Tunon and J. Michael Nauman – to the Company's Board of Directors.
globenewswire.com
- 1 month ago
Leading Proxy Advisory Firm ISS Reaffirms its Unanimous Recommendation for the Election of ALL of Barington Capital's Nominees Ana Amicarella, Chan Galbato and James Mitarotonda to the Matthews Board
ISS Finds "the Board Should Have Already Taken Steps to Install These Provisions, Rather Than Ignoring Them Until the Final Stage of a Proxy Contest" ISS Notes that "Without Further Board Change at This Meeting, Pending Decisions About Board Composition and Other Important Matters Will Remain Subject to the Influence of Directors Who Enabled the Disappointing Circumstances Culminating in This Proxy Contest" Recommends Shareholders Vote "WITHHOLD" on Matthews' Nominees Terry L. Dunlap, Alvaro Garcia-Tunon and J.
prnewswire.com
- 2 months ago
Matthews International Has the Right Strategy, the Right Board and the Right Management Team to Continue to Drive Long-Term, Sustainable Shareholder Value
Failure to Elect All Three of Matthews' Director Nominees Will Lead to Short-Term Oversight by Individuals Who Have No Knowledge of Matthews' Businesses
globenewswire.com
- 2 months ago
Barington Capital Strongly Urges Matthews International Shareholders to Protect Their Investment by Electing Ana Amicarella, Chan Galbato and James Mitarotonda to the Matthews Board
A Vote "FOR" Barington's Nominees is a Vote in Favor of the Relevant Skills, Board Experience, Independent Perspectives and Fierce Commitment to Shareholders Required to Help Drive Good Governance and Long-Term Value Creation at Matthews Warns Shareholders NOT to Be Misled by Matthews' Blatant Last-Minute Attempts to Placate Shareholders Days Before the 2025 Annual Meeting of Shareholders Reaffirms that the Incumbent Board Has Overseen 18 Years of Underperformance, Unacceptable Capital Allocation and Operating Execution, and Poor Corporate Governance Strongly Encourages Shareholders to Follow the Recommendations of Leading Independent Proxy Advisory Firms ISS, Glass Lewis, and Egan-Jones and Voting "FOR" ALL of Barington's Nominees NEW YORK , Feb. 18, 2025 /PRNewswire/ -- Barington Capital Group, L.P. ("Barington Capital"), a fundamental, value-oriented activist investor that, together with the other participants in its solicitation (collectively "Barington" or "we"), beneficially owns approximately 2.2% of the outstanding shares of common stock of Matthews International Corporation (NASDAQ: MATW) ("Matthews" or the "Company"), urges all Matthews shareholders to protect their investment and help drive value creation at the Company by voting "FOR" the election of Barington's nominees – Ana Amicarella, Chan Galbato and James Mitarotonda – to the Matthews Board of Directors (the "Board") ahead of Matthews' 2025 Annual Meeting of Shareholders (the "Annual Meeting") scheduled to be held this Thursday, February 20, 2025.
prnewswire.com
- 2 months ago
Barington Capital Calls on Matthews International Shareholders to Elect Ana Amicarella, Chan Galbato and James Mitarotonda to the Matthews Board to Help Restore Good Governance and Drive Value Creation
Sends Letter to Matthews' Shareholders Highlighting the Company's Poor Governance, Deeply Troubling Board Culture and Desperate, Last-Ditch Effort to Placate Shareholders Ahead of 2025 Annual Meeting Believes Matthews' Proposed Governance Improvements and Sale of SGK Brand Solutions Division Are a Direct Response to Barington's Positive Influence and that Shareholders Remain at Risk Without Barington's Nominees on the Board Urges Matthews Shareholders to Vote "FOR" the Election of ALL of Barington Capital's Highly Qualified Nomin ees Whose Proven Board Effectiveness, Relevant Skills and Backgrounds, and Fierce Commitment to Shareholders Will Benefit ALL Matthews Shareholders NEW YORK , Feb. 17, 2025 /PRNewswire/ -- Barington Capital Group, L.P. ("Barington Capital"), a fundamental, value-oriented activist investor that, together with the other participants in its solicitation (collectively "Barington" or "we"), beneficially owns approximately 2.2% of the outstanding shares of common stock of Matthews International Corporation (NASDAQ: MATW) ("Matthews" or the "Company"), today sent a letter to the Company's shareholders urging them to elect Barington's highly qualified director nominees – Ana B.
prnewswire.com
- 2 months ago
U.S. District Court Judge Once Again Denies Tesla's Request to Block Matthews International from Selling Its Innovative Dry Battery Electrode Solutions to Others
PITTSBURGH, Feb. 17, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced that a U.S. District Court Judge has issued an order denying Tesla's renewed request to block Matthews' right to sell its innovative DBE solutions to existing and potential global customers. The Company issued the following statement:
globenewswire.com
- 2 months ago
Barington Capital Responds to Matthews International's Desperate Effort to Manipulate Board Election
Urges Shareholders Not to be Fooled by the Company's 11th Hour Governance Changes: Clearly A Direct Reaction to Barington's Nomination Encourages Shareholders to Follow the Recommendations of Leading Independent Proxy Advisory Firms ISS, Glass Lewis, and Egan-Jones by Voting the GOLD Proxy Card "FOR" the Election of ALL of Barington's Nominees NEW YORK , Feb. 14, 2025 /PRNewswire/ -- Barington Capital Group, L.P. ("Barington Capital"), a fundamental, value-oriented activist investor that, together with the other participants in its solicitation (collectively "Barington" or "we"), beneficially owns approximately 2.2% of the outstanding shares of Matthews International Corporation (NASDAQ: MATW) ("Matthews" or the "Company"), today issued a statement in response to Matthews' recently announced corporate governance changes.
prnewswire.com
- 2 months ago
Matthews International Announces Significant Governance Enhancements
Announces Transition of Board Chair and Future Appointment of Independent Director with Significant Battery and EV Technology Experience; New Director to be Appointed in the Near-Term
globenewswire.com
- 2 months ago
Matthews International Highlights Support from Investment Community Following Fiscal 2025 First Quarter Earnings Announcement
GAMCO Asset Management, Top 5 and Long-Term Shareholder, Endorses Matthews' Director Nominees Urges Shareholders to Vote “FOR” All Three of Matthews' Director Nominees on the WHITE Proxy Card and “WITHHOLD” on Barington's Director Nominees PITTSBURGH, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) (“Matthews” or the “Company”) today commented on the significant support it has received from its sell-side analysts following its recent fiscal 2025 first quarter earnings announcement. On February 6, 2025, Matthews announced financial results for its first quarter of fiscal 2025, highlighting that Memorialization and SGK Brand Solutions continued their solid performance, and that the Industrial Technologies segment was challenged by the impact of the Tesla litigation.
globenewswire.com
- 2 months ago
Barington Capital Sends Letter to Matthews International Shareholders Urging Them to Vote GOLD "FOR" the Election of ALL of Barington's Nominees to the Matthews Board
Highlights Unanimous Support of Barington's Director Nominees by Leading Proxy Advisory Firms ISS, Glass Lewis and Egan-Jones Believes Matthews' Poor Fiscal 2025 First Quarter Earnings Results Further Demonstrates Management's Pattern of False Hope and Empty Promises Barington's Nominees Bring the Skills, Experience and Fresh Perspectives Required to Help Drive Meaningful Change and Long-Term Value Creation at Matthews NEW YORK , Feb. 12, 2025 /PRNewswire/ -- Barington Capital Group, L.P. ("Barington Capital"), a fundamental, value-oriented activist investor that, together with the other participants in its solicitation (collectively "Barington" or "we"), beneficially owns approximately 2.1% of the outstanding shares of common stock of Matthews International Corporation (NASDAQ: MATW) ("Matthews" or the "Company"), today sent a letter to the Company's shareholders highlighting unanimous support for the election of its director nominees – Ana B.
prnewswire.com
- 2 months ago
Leading Proxy Advisory Firm Glass Lewis Joins ISS and Egan-Jones in Recommending Matthews International Shareholders Vote the GOLD Proxy Card "FOR" ALL of Barington Capital's Nominees: Ana Amicarella, Chan Galbato and James Mitarotonda
Glass Lewis Finds Matthews Has "Persistently Deteriorated and Consistently Underperformed During Substantially All Measurement Periods, Including During the Fullness of Mr. Bartolacci's Tenure as CEO" Asserts Barington "Has Offered Investors a Reasonable, Credible and Incremental Slate of Candidates" and a "More Promising Roadmap" for the Company Recommends Shareholders Vote "WITHHOLD" on Matthews' Nominees Terry L.
prnewswire.com
- 2 months ago
Matthews International Issues Statement Following ISS Report
PITTSBURGH, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) (“Matthews” or the “Company”) issued the following statement regarding a February 6, 2025 report by Institutional Shareholder Services ("ISS"):
globenewswire.com
- 2 months ago
8. Profile
Summary
Matthews International Corporation MATW
COUNTRY
US
INDUSTRY
Conglomerates
MARKET CAP
$ 616 M
Dividend Yield
1.08%
Description
Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies worldwide. It operates through three segments: SGK Brand Solutions, Memorialization, and Industrial Technologies. The SGK Brand solutions segment provides brand management, pre-media services, printing plates and cylinders, engineered products, imaging services, digital asset management, merchandising display systems, and marketing and design services for the consumer goods and retail industries. The Memorialization segment provides bronze and granite memorials, upright granite memorials and monuments, cremation memorialization products, granite benches, flower vases, crypt plates and letters, cremation urns, niche units, cemetery features, and statues, as well as caskets, and cremation and incineration equipment for the cemetery and funeral home industries. The Industrial Technologies segment provides marking and coding equipment and consumables, industrial automation products, and order fulfillment systems for identifying, tracking, picking, and conveying consumer and industrial products for the warehousing and industrial industries. Matthews International Corporation was founded in 1850 and is based in Pittsburgh, Pennsylvania.
Contact
Two NorthShore Center, Pittsburgh, PA, 15212-5851
https://www.matw.com
IPO
Date
July 20, 1994
Employees
11000
Officers
Mr. Brian D. Walters Esq.
EVice President, General Counsel & Corporate Secretary
Mr. Gary R. Kohl
Executive Vice President & President of SGK Brand Solutions
Mr. Ronald C. Awenowicz
Senior Vice President of Global Compliance, Operations & N.A. Human Resources
Ms. Reena Gurtner
Senior Vice President of Human Resources
Mr. Lee Lane
Group President of Matthews Industrial Automation & Matthews Environmental Solutions
Mr. Steven F. Nicola
Chief Financial Officer
Mr. William D. Wilson
Senior Director of Corporate Development & Investor Relations
Mr. Steven D. Gackenbach
Executive Vice President & Group President of Memorialization
Mr. Davor Brkovich
Head of IT & Chief Information Officer
Mr. Joseph C. Bartolacci J.D.
Chief Executive Officer, President & Director