Stock fact sheet · data as of
Matthews International Corporation (MATW): fair value, margin of safety and Wheel Score
Industrials · Conglomerates · United States · Speculative / Distressed
Is MATW undervalued?
MATW closed at 19.28 on 16 Oct 2026, which is 23% above the GLS average fair value of 15.62 from 2 models. 2 of them value the shares below today's price. Our screens read that as "no margin of safety": the stock is not a value candidate at this price, whatever the quality numbers say.
The average is built from just 2 models (DCF, DDM) - the rest returned nothing because an input they need (dividends, free cash flow, book value) is zero or negative - so treat it with more caution than usual.
The nightly engine files MATW under Speculative / Distressed - negative earnings or a Piotroski score of 3 or less - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for MATW
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 16.24 | -16% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | - | - | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%; no value tonight |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 15.01 | -22% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | -22.21 | -215% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 24.00 | +24% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Matthews International Corporation scores only 3 of 9 on the Piotroski F-score, which fails the Sunday Scan's "6 or more" rule. A reading this low means several of the basic tests - positive earnings, positive operating cash flow, falling debt, no new share issuance - are not met. A GLS Moat score of 2.3/10 is a weak reading: the ten-year history the score grades (revenue, EPS, book value, margins, cash flow, share count, ROIC) has not been steady, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC -2.0%, ROE -5.1%, ROA -1.4% - with debt at 1.59 times equity and negative free cash flow.
The dividend yield is high at 5.29% (payout ratio -114%). A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual. Revenue comes mainly from Reportable 50%, Memorialization 42%, Industrial Technologies 8% (quarter Q3 FY2026).
Institutional ownership scores 10/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 3 / 9 | ROIC | -2.0% |
|---|---|---|---|
| GLS Moat | 2.3 / 10 | ROE | -5.1% |
| Debt / equity | 1.59 | ROA | -1.4% |
| Free-cash-flow yield | -13.6% | Payout ratio | -114% |
| Institutions | 10 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 43: Weak
With a Wheel Score of 43 Matthews International Corporation sits in the Weak band. The parts - Value 3/25, Health 7/20, Moat 3/15, Premium 20/20, Stability 10/20 - show where: Value (3/25) scores lowest.
Implied volatility is 50% on the near-the-money contracts 20-60 days out - inside the 35-60% range the Wheel Score pays full marks for: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is 7,317 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 343k shares a day on a market cap of $602M, with a beta of 1.04; the Stability part of the Wheel Score gives that 10 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 3 / 25 | -23% margin of safety | |
| Health | 7 / 20 | Piotroski 3/9 | |
| Moat | 3 / 15 | moat 2.3/10 | |
| Premium | 20 / 20 | implied volatility 50% | |
| Stability | 10 / 20 | 343k shares/day, $602M cap, beta 1.04 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 19 Nov 2026 (after the close), 34 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Conglomerates
The 12 companies below are the closest to Matthews International Corporation by market cap within the Conglomerates industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| CODI Compass Diversified | 10.62 | 23.94 | +56% | 45Weak | $799M |
| TRC Tejon Ranch Co. | 16.21 | 3.50 | -363% | 47Weak | $438M |
| FBYD Falcon's Beyond Global, Inc. Class A Common Stock | 8.52 | - | - | 30No options | $418M |
| NNBR NN, Inc. | 3.49 | 5.46 | +36% | 45Weak | $327M |
| FIP FTAI Infrastructure Inc. | 2.56 | 1.77 | -45% | 25Weak | $302M |
| RCMT RCM Technologies, Inc. | 38.71 | 44.72 | +13% | 39No options | $275M |
| TUSK Mammoth Energy Services, Inc. | 2.71 | 0.8281 | -227% | 34Weak | $130M |
| APTL Alaska Power & Telephone Company | 91.60 | 51.25 | -79% | 26No options | $118M |
| CFSU Complete Financial Solutions, Inc. | 0.1150 | - | - | 32No options | $109M |
| OTTR Otter Tail Corporation | 89.66 | 47.20 | -90% | 46Weak | $3.8B |
| SEB Seaboard Corporation | 4,033.82 | 3,722.62 | -8% | 39No options | $3.9B |
| AIRTP Air T, Inc. | 18.89 | 673.71 | +97% | 39No options | $81M |
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Start free See the Sunday ScanQuestions about MATW
Is MATW undervalued right now?
No: at 19.28 the stock trades 23% above the GLS average fair value of 15.62 (data as of 16 Oct 2026). The margin of safety is negative.
What is the Wheel Score of MATW and what does it mean?
MATW scores 43 out of 100 (Weak). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for MATW?
15.62 per share as of 16 Oct 2026 - the simple average of the 2 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Matthews International Corporation report earnings next?
The next earnings report is due on 19 Nov 2026 (after the close), 34 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does MATW have listed options, and how liquid are they?
Yes. The nightly snapshot found 190 listed contracts with 7,317 open interest across all expiries and implied volatility of 50% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.