Matson Inc. Common Stock (MATX)

FairStock Score: 68/100 — STEADY

Key Financials

AI Analysis

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

I look at Matson as a cyclical marine shipper, and FairStock's Lynch category confirms that: CYCLICAL — Marine Shipping, because earnings follow the economic cycle. The business moves containers to Hawaii, Alaska, Guam and other island economies, plus logistics. Its reported results are uneven. In fiscal year 2025, the period ended 2025-12-31, revenue was $3.3B, net income $444.8M, and diluted EPS $13.81, slightly below fiscal year 2024's $3.4B revenue, $476.4M net income, and $13.93 EPS, though well above fiscal year 2023's $297.1M net income and $8.32 EPS. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $969.4M, net income $129.4M, and diluted EPS $4.27, up sharply from fiscal Q2 2025's $830.5M revenue, $94.7M net income, and $2.92 EPS. That shows the cycle can turn quickly. Financial health looks reasonable: the given debt-to-equity is 0.26, FairStock's Altman Z-Score is 3.20, and FairStock's ROE is 17.21%, though FairStock's ROCE is only 6.87%. FairStock's trailing FCF yield is 2.8%. At the 2026-10-13 close of $235.22, FairStock's P/E is 15.88, P/B is 2.54, and EV/EBITDA is 9.34. FairStock's Graham Number is $173.38, leaving a negative margin of safety of -35.67%. I prefer to buy a cyclical only when price is below intrinsic value; here the price already reflects a lot of good news. FairStock Score 68/100 and FairStock's Piotroski F-Score is 5/9, suggesting average quality. It is a decent business, but not a bargain at this price.

In plain English: Matson moves cargo by ship to Hawaii, Alaska, Guam and other islands, and also runs logistics services. The business earns solid profits and has modest debt, but its sales and profits can rise and fall with the shipping cycle. At the recent price of $235.22, the stock looks expensive compared with the company's profits and the cash it generates, so the numbers do not suggest a bargain.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

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

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

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