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← CockpitCompetitor Analysis › MATW Matthews International Corporation Class AOpen in the cockpit ↗

Matthews International Corporation Class AMATWCompetitor analysis, valuation and peers

United States · USD·Consumer Discretionary›Miscellaneous Manufacturing
Momentum weak 25
Mkt cap
$603M
US dollars, full cap
Free float
91%
of shares outstanding
$/day
$9.11M
20-day average traded
Fwd P/E
24.6×
forward earnings
ROIC−WACC
-9.0 pp
WACC 7.8%
Hurdle
n/a
no reverse DCF
Next earnings
13 days
19 Nov 2026
Close · USD$19.33
1D-2.4%
1W+0.3%
1M+0.1%
3M-15.9%
6M-31.3%
YTD-26.0%
1Y-16.4%
ATR %3.0%
Beta0.54
52w lowhigh37.5% off high

What Matthews International does

Employees: 5,500

Matthews International at a glance

Size Matthews International (MATW) is a United States Consumer Discretionary company (Miscellaneous Manufacturing) with a market value of $603M, the 2580th largest of 3,117 United States companies the cockpit tracks. Shares closed at $19.33 on 6 Nov 2026.

Performance Over six months the shares fell 31.3%, against -3.6% for the median peer and -1.1% for the United States market (cap-weighted) — 5th lowest of 21 in its peer set.

Growth Revenue fell 31.8% over the last twelve months (peer median +2.4%); the operating margin is -1.5% (peer median 2.9%).

Valuation It trades at 24.6× forward earnings against a peer median of 19.2× (7th most expensive of 15).

Capital Return on invested capital runs 9.0 points below its cost of capital (7.8% WACC).

Short interest Short interest is 15.9% of the free float (15 Oct 2026).

Next results Next results expected around 19 Nov 2026 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 98MATW 70
Six months, rebased to 100: Matthews International against the median of its 20 peers (local-currency closes).

Matthews International financials

Reported figures in USD; fiscal year ends 2025-09-30. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$1.11B$1.50B$1.80B$1.88B$1.76B
Revenue growth—-17%-5%+7%—
Gross profit$402M$492M$532M$548M$478M
EBITDA$34.8M$108M$163M$209M$182M
Net income-$29.4M-$24.5M-$59.7M$39.3M-$99.8M
Free cash flow-$82.0M-$59.4M$34.1M$28.9M$65.5M
Capital expenditure$22.8M$35.8M$45.2M$50.6M$61.3M
Total debt$628M$764M$839M$864M$873M

Quarterly statements and history in the cockpit →

Matthews International competitor charts

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.

Performance: 6-month against 1-month return

-25%0%+25%+50%-25%0%+25%+50%HOVBALYWEYSGRPNEVGOPZZALINCBWMXGOTUTRONBRCBHYLNAPEILEGHCNNEAPCETDPTLOHNSTMATW6-month return →1-month return →
Up and to the right = strong over both horizons. Matthews International is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%0×200×400×HOVGRPNPZZALINCBWMXGOTUBRCBAPEIMLRLEGHAPCHNSTMATWRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Matthews International is the large dot.

Matthews International competitors and peer comparison

How Matthews International compares with its peers

Peer set: Sector in the same market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Matthews International against its 20 peers (data as of 6 Nov 2026)
MeasureMATWPeer medianRank in peer set
1-month return+0.1%-4.9%10th highest of 21
6-month return-31.3%-3.6%5th lowest of 21
Distance from 52-week high-37.5%-31.8%9th lowest of 21
Revenue growth (TTM)-31.8%+2.4%lowest of 21
Operating margin-1.5%2.9%7th lowest of 21
Forward P/E24.6×19.2×7th most expensive of 15
ROIC minus cost of capital-9.0 pp-4.5 pp6th lowest of 19
Net debt / EBITDA17.0×2.3×2nd most indebted of 16

Peer table

Peer set: Sector in the same market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Matthews International MATWUnited States$603M-31%-32%-1%24.6×n/an/a
Hovnanian Enterprises HOVUnited States$594M-6%-10%3%25.4×4.8%+4.9%
Bally's BALYUnited States$625M-4%+20%0%n/an/an/a
Weyco WEYSUnited States$580M+79%+2%17%n/a-1.2%+7.2%
Groupon GRPNUnited States$630M-13%+2%2%33.7×27.5%-18.9%
EVgo EVGOUnited States$576M-7%+31%-27%n/an/an/a
Papa John's International PZZAUnited States$650M-37%-6%5%19.7×4.8%+2.5%
Lincoln Educational Services LINCUnited States$560M-61%+22%6%18.7×13.1%+12.1%
Betterware de Mexico, S.A.P.I. de C.V BWMXUnited States$655M-1%+28%17%6.3×-9.2%+17.0%
Gaotu Techedu, Inc. Sponsored ADR GOTUUnited States$552M+18%+25%-7%386.9×-11.9%-3.7%
Tron TRONUnited States$669M-37%+20%-45%n/an/an/a
Black Rock Coffee Bar BRCBUnited States$538M-6%+24%3%50.1×n/an/a
Hyliion HYLNUnited States$534M+22%+163%-649%n/an/an/a
American Public Education APEIUnited States$682M-34%+4%10%14.5×0.4%+15.1%
Miller Industries MLRUnited States$526M-4%-21%3%16.4×4.0%+3.9%
Legacy Housing LEGHUnited States$694M+25%-3%33%14.1×3.5%-1.4%
Cannae CNNEUnited States$700M+25%-7%-17%n/an/an/a
ARKO Petroleum APCUnited States$704M-23%-12%2%17.5×4.8%-7.6%
Ethan Allen Interiors ETDUnited States$506M-2%-6%8%16.4×3.3%-3.3%
Portillo's PTLOUnited States$504M+54%+3%6%31.0×n/an/a
Honest HNSTUnited States$501M+41%-12%-2%75.7×3.8%+4.3%

Questions

Which companies are Matthews International's closest peers?
The cockpit's peer set: Hovnanian Enterprises (HOV), Bally's (BALY), Weyco (WEYS), Groupon (GRPN), EVgo (EVGO), Papa John's International (PZZA), Lincoln Educational Services (LINC), Betterware de Mexico, S.A.P.I. de C.V (BWMX).
Is Matthews International expensive compared with its peers?
On forward p/e it trades at 24.6× against a peer median of 19.2×, 7th most expensive of 15 in its peer set.
How has Matthews International stock performed?
Over six months to 6 Nov 2026 the shares returned -31.3% against -3.6% for the median peer; over one year -16.4%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.