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Employees: 2,110
Size Mattr (MATR.TO) is a Canada Materials company (Industrial Specialties) with a market value of $879M, the 262nd largest of 420 Canada companies the cockpit tracks. Shares closed at C$20.10 on 6 Nov 2026.
Performance Over six months the shares gained 107.6%, against -23.8% for the median peer and +5.2% for the Canada market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 25.1% over the last twelve months (peer median +6.3%); the operating margin is 6.6% (peer median 7.7%).
Valuation It trades at 15.6× forward earnings against a peer median of 19.3× (7th cheapest of 16).
Price implies For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is +1%, so the hurdle is +4 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 0.2 points below its cost of capital (5.0% WACC).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | C$1.35B | C$1.27B | C$885M | C$881M | C$862M |
| Revenue growth | — | +43% | +1% | +2% | — |
| Gross profit | C$286M | C$251M | C$203M | C$242M | C$220M |
| EBITDA | C$158M | C$140M | C$99.3M | C$134M | C$117M |
| Net income | C$30.8M | C$51.2M | C$14.6M | C$87.2M | -C$30.0M |
| Free cash flow | C$15.2M | C$41.1M | -C$49.9M | C$53.6M | C$187M |
| Capital expenditure | C$43.1M | C$63.3M | C$110M | C$71.0M | C$20.7M |
| Total debt | C$589M | C$561M | C$634M | C$232M | C$270M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | MATR.TO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -6.5% | -6.0% | 10th lowest of 21 |
| 6-month return | +107.6% | -23.8% | highest of 21 |
| Distance from 52-week high | -10.2% | -42.8% | 3rd highest of 21 |
| Revenue growth (TTM) | +25.1% | +6.3% | 2nd highest of 21 |
| Operating margin | 6.6% | 7.7% | 11th highest of 21 |
| Forward P/E | 15.6× | 19.3× | 7th cheapest of 16 |
| Growth the price implies (Req g, 7 yrs) | 5.8% | 9.5% | 6th least demanding of 13 |
| Growth delivered (Del g) | +1.5% | +6.7% | 3rd lowest of 13 |
| Hurdle (Req g minus delivered) | +4.3 pp | +2.2 pp | 6th most demanding of 13 |
| ROIC minus cost of capital | -0.2 pp | -2.2 pp | 8th highest of 21 |
| EV / EBITDA | 11.3× | 7.8× | 4th most expensive of 9 |
| Net debt / EBITDA | 3.5× | -1.1× | most indebted of 9 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Mattr MATR.TO | Canada | $879M | +108% | +25% | 7% | 15.6× | 5.8% | +1.5% |
| Hainan Development Holdings Nanhai 002163.SZ | China | $892M | -44% | -9% | -3% | 37.0× | n/a | n/a |
| TOCALO 3433.T | Japan | $864M | -26% | +6% | 23% | 11.8× | n/a | n/a |
| Jiangxi Guotai 603977.SS | China | $914M | -29% | +15% | 9% | 14.2× | n/a | n/a |
| ZETTA 002256.SZ | China | $843M | -40% | +25% | -5% | n/a | n/a | n/a |
| Shenma Industry 600810.SS | China | $838M | -33% | -9% | 0% | 28.6× | 9.7% | +7.1% |
| Suzhou Xinguangyi Electronics 301687.SZ | China | $831M | -34% | +7% | 19% | n/a | 42.9% | +11.3% |
| Hubei Huitian New Materials 300041.SZ | China | $820M | -13% | +15% | 6% | 19.3× | 10.3% | +15.5% |
| Guangdong Tloong Technology 300063.SZ | China | $946M | -26% | +21% | 2% | n/a | 25.0% | -6.6% |
| Shandong Jinjing Science & Technology 600586.SS | China | $806M | -35% | -23% | -23% | 31.6× | 0.5% | -1.3% |
| Jiangsu Favored Nanotechnology 688371.SS | China | $797M | -34% | -7% | -29% | 18.1× | n/a | n/a |
| Jiangxi Black Cat Carbon Black 002068.SZ | China | $795M | -22% | +1% | -4% | 30.8× | n/a | n/a |
| SP Group A/S SPG.CO | Denmark | $788M | +17% | +18% | 14% | 13.5× | -6.2% | +6.2% |
| Morgan Advanced Materials MGAM.L | United Kingdom | $981M | +22% | -6% | 9% | 14.6× | 9.4% | +1.8% |
| ELANTAS Beck India ELANTAS.NS | India | $999M | +23% | +19% | 21% | n/a | 32.4% | +17.2% |
| ZJMI Environmental Energy 603071.SS | China | $1.00B | -15% | -4% | 3% | 9.2× | n/a | n/a |
| Jiangsu Canlon Building Materials 300715.SZ | China | $770M | -1% | +3% | -2% | 52.6× | 33.6% | +3.8% |
| Intco Recycling Resources 688087.SS | China | $1.01B | -25% | +29% | 12% | 22.0× | 0.5% | +15.8% |
| Toyo Tanso 5310.T | Japan | $765M | -5% | -8% | 10% | 22.9× | n/a | n/a |
| Chugoku Marine Paints,Ltd 4617.T | Japan | $1.04B | +4% | +10% | 13% | 12.8× | 0.0% | +11.1% |
| SK Kaken 4628.T | Japan | $1.04B | +2% | +9% | 13% | n/a | -19.4% | +5.2% |