Matthews International Corporation Class A Common Stock (MATW)

FairStock Score: 37/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for durable businesses bought at a discount. Matthews International is not obviously one today. It sells memorialization products, industrial technologies, and brand solutions - some demand in death care, but the overall picture is cyclical and competitive. The filed numbers show deterioration. In fiscal 2025, the year ended 2025-09-30, revenue was $1.5 billion and net loss was $24.5 million. In fiscal 2024, the year ended 2024-09-30, revenue was $1.8 billion and net loss was $59.7 million. In fiscal Q3 2026, the quarter ended 2026-06-30, revenue was $246.0 million and net loss was $23.7 million. The prior quarter, fiscal Q2 2026 ended 2026-03-31, had revenue of $258.6 million and a net loss of $21.8 million. Only fiscal Q1 2026, ended 2025-12-31, showed a profit: net income of $43.6 million. Trailing free cash flow is negative $82.0 million, a -14.0% FCF yield, so the 4.98% dividend yield looks strained. Debt-to-equity is 1.29 and the Altman Z-Score is 1.15, both signs of financial risk. The Piotroski F-Score is 2/9, confirming weak fundamentals. At the $18.80 close on 2026-10-13, FairStock calculations show P/B of 1.21 and EV/EBITDA of 10.78, not expensive on assets, but the negative P/E and ROCE of -0.27% mean earnings do not support value. The FairStock score is 37/100 and the Lynch category is TURNAROUND - loss in the latest year after earlier profits. The moat appears narrow: memorialization may have local scale, but the other segments face competition. A turnaround can pay, but I want positive cash flow and less debt before seeing a margin of safety.

In plain English: Matthews International makes memorial products such as bronze and granite memorials, plus industrial technologies and brand solutions. The business looks weak right now: sales are falling, it lost money in the latest quarter and latest fiscal year, and it is burning cash. At $18.80, the price looks low compared with some of its accounting numbers, but weak profits and cash burn mean it is not clearly a bargain.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q3 2026 10-Q (period ended 2026-06-30) · fiscal Q2 2026 10-Q (period ended 2026-03-31) · fiscal Q1 2026 10-Q (period ended 2025-12-31) · fiscal Q3 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-09-30) · FY2024 10-K (period ended 2024-09-30) · FY2023 10-K (period ended 2023-09-30)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer