Matthews International Corporation (MATW) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Matthews International Corporation $13.86, price $19.71, upside -29.7%, quality 47 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 23, 2026.
How to read this chart
60‑month range $17.85 – $43.56 · fair‑value band $7.88 – $18.70 · the $19.71 price screens above the $13.86 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 23, 2026.
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Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies worldwide. It operates through three segments: Memorialization, Industrial Technologies, and Brand Solutions.
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Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies worldwide. It operates through three segments: Memorialization, Industrial Technologies, and Brand Solutions. The Memorialization segment provides bronze and granite memorials, upright granite memorials and monuments, concrete burial vaults, cremation memorialization products, granite benches, flower vases, crypt plates and letters, cremation urns, niche units, cemetery features, and statues, as well as bronze plaques, letters, emblems, vases, lights and photo ceramics, granite monuments, mausoleums, crypts, and flush memorials. The Industrial Technologies segment designs, manufactures, services, and distributes high-tech custom energy storage solutions, and product identification and warehouse automation technologies and solutions, including order fulfillment systems for identifying, tracking, picking, and conveying consumer and industrial products. This segment also provides engineered calendaring, laminating, and coating equipment; stand-alone marking products; laser and ink-jet printing systems; and spare parts, calendar, and coating-roller refurbishing and retrofits. The Brand solutions segment provides brand management, pre-media services, printing plates and cylinders, imaging services, digital asset management, merchandising display systems, and marketing and design services for the consumer goods and retail industries. The company was founded in 1850 and is based in Pittsburgh, Pennsylvania.
Stock analysis
Matthews International Corporation (MATW) currently trades at $19.71, while our model-based Fair Value estimate is $13.86, implying the stock looks roughly 42.2% overvalued today.
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Valuation
Bull case: the Dividend Discount group reads highest at a median of $12.10 per share, and 0 of the 3 models we run sit above the $19.71 price.
Bear case: the Asset-Based group reads lowest at $10.33, and 3 of the 3 models stay below the price. Evidence for this calculation is medium.
Scenario range: $7.88 (bear) to $18.70 (bull), the price of $19.71 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 47/100 (below-average quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Matthews International Corporation reported revenue of $1.5B in FY2025 versus $1.7B in FY2021, a compound −2.7%/yr. Reported net income was −$24.5M in FY2025.
Key figures
Market cap $872M · P/E ratio 65.7 · P/S ratio 0.72 · EPS (TTM) $0.3000 · Dividend yield 5.1% · Net margin −1.6% · Return on equity 2.1% · Return on assets (EBIT) 2.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 45 out of 100 (low confidence).
What moves the price
The share trades about 32% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 38% fair-value upside, at −30%, MATW screens richer than that median.
Fair Value models
Bear $7.88Fair Value $13.86Bull $18.70
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.32/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+3.2%
Revenue growth 30 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.4%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−4.3% (2020) → 1.4% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Compare Matthews International Corporation with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Conglomerates · 378 stocks
Beats the industry median on 2/13 measures
Overall it trails its industry peers.
Valuation
Quality Score47 · Below median
Fair Value upside−30% · Below median
Profitability
Return on equity (TTM)2% · Below median
Return on assets1% · Below median
Net margin (TTM)1% · Below median
Operating margin (TTM)1% · Below median
Growth and dividend
Revenue growth−40% · Bottom 25%
Dividend yield (TTM)5.1% · Top 25%
Balance sheet
Debt / equity1.46× · Highest 25%
Valuation Multiplesvs Conglomerates median · lower = cheaper
P/E (TTM)65.7× · Priciest 25%
P/B1.81× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
P/S (TTM)0.72× · Cheaper than median
EV/EBITDA21.0× · Priciest 25%
PEG1.86× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 33
FUTURE (revenue growth)0· sector 16
PAST (return on equity)8· sector 19
HEALTH (low debt)27· sector 89
DIVIDEND (yield)100· sector 40
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Matthews International Corporation Fair Value". https://www.fairvalue-calculator.com/stock/MATW
Frequently asked questions
Is Matthews International Corporation (MATW) overvalued or undervalued?
As of Sep 23, 2026, our model estimates a fair value of $13.86 versus a price of $19.71, about −30% upside (overvalued).
What is the fair value of MATW?
Our model-based fair value for Matthews International Corporation is $13.86 (as of Sep 23, 2026), built from audited fundamentals. The current price: $19.71.
What is the quality score of MATW?
Matthews International Corporation has a Quality Score of 47/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Matthews International Corporation (MATW)?
Our model-based price target is the fair value of $13.86 (as of Sep 23, 2026) from 4 valuation models. Cautious scenario $7.88, optimistic scenario $18.70. It is a calculation from audited fundamentals, not an analyst target.
What is the Matthews International Corporation stock forecast for 2026?
Our models put fair value at $13.86, about −30% upside versus a price of $19.71 (overvalued). Cautious scenario $7.88, optimistic scenario $18.70. The calculation is refreshed regularly with new filings.
What is the revenue of Matthews International Corporation (MATW)?
Matthews International Corporation reported trailing-twelve-month revenue of about $1.2B (latest available figure, as of Sep 23, 2026).
Does Matthews International Corporation pay a dividend?
Matthews International Corporation currently shows a dividend yield of about 5.15% relative to its recent price (as of Sep 23, 2026).
What is the intrinsic value of Matthews International Corporation (MATW)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Matthews International Corporation it is $13.86 per share (as of Sep 23, 2026), against a price of $19.71. It is the blended result of 4 valuation models (cash flow, earnings, asset, dividend).
Is Matthews International Corporation stock overvalued or undervalued in 2026?
As of Sep 23, 2026, MATW trades above its calculated fair value: price $19.71, fair value $13.86, a gap of about −30% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of MATW?
No. The price is what the market pays today ($19.71); the fair value is what the company's own numbers justify ($13.86). For Matthews International Corporation the two are $5.85 per share apart. That gap is exactly why we show both numbers side by side.
How much is Matthews International Corporation worth?
The market values Matthews International Corporation at about $872M (market capitalisation, as of Sep 23, 2026). Per share that is $19.71; our models calculate a fair value of $13.86 per share.
What do the bullish and bearish scenarios say about MATW?
Our models span a range for Matthews International Corporation: cautious scenario $7.88, base $13.86, optimistic $18.70 per share (as of Sep 23, 2026, price $19.71). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of MATW?
Matthews International Corporation trades at a price-to-earnings ratio of 65.7 (as of Sep 23, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $13.86 is built from several models across several years. Other multiples: PEG 1.9, P/B 1.8, P/S 0.7, EV/EBITDA 21.0.
What is the PEG ratio of MATW?
The PEG ratio of Matthews International Corporation is 1.86 (P/E divided by earnings growth, as of Sep 23, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Matthews International Corporation (MATW)?
Balance-sheet figures for Matthews International Corporation (as of Sep 23, 2026): return on equity 2.1%, debt of 1.46 per unit of equity. They feed the Quality Score of 47/100, which measures business quality independently of the share price.
How far is MATW from its 52-week high?
Matthews International Corporation trades at $19.71, about 32% below its 52-week high of $28.85 and at the low of $19.71 (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of $13.86 is for.
Which stocks are comparable to Matthews International Corporation?
From the same area (Industrials) we also value 3M Company, Honeywell International Inc, CITIC Limited, Poste Italiane S.p.A, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Matthews International Corporation stock attractive at the current price?
The data as of Sep 23, 2026: price $19.71, calculated fair value $13.86 (−30%), Quality Score 47/100, from 4 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of MATW calculated?
We run Matthews International Corporation through 4 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $13.86, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.1 % above its aggregate fair value. Matthews International Corporation itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Matthews International Corporation (MATW)?
The closing price on Sep 23, 2026 was $19.71. Our model-based fair value is $13.86, about −30% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Matthews International Corporation right now?
The price sits above even our optimistic bull case ($18.70). The favourable scenario is already priced in. Solid but not exceptional quality (47/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range ($7.88 to $18.70) leaves room in how you read the outcome.
Key figures of Matthews International Corporation
How large is the market capitalisation of Matthews International Corporation (MATW)?
The market capitalisation of Matthews International Corporation is $872M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Matthews International Corporation (MATW)?
The price-to-sales ratio of Matthews International Corporation is 0.72 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Matthews International Corporation (MATW)?
Earnings per share at Matthews International Corporation are $0.3000 (price ÷ EPS = P/E 65.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Matthews International Corporation (MATW)?
The dividend yield of Matthews International Corporation is 5.1%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Matthews International Corporation (MATW)?
The net margin of Matthews International Corporation is −1.6% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Matthews International Corporation (MATW)?
The return on equity (ROE) of Matthews International Corporation is 2.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Matthews International Corporation (MATW)?
On an EBIT basis the return on assets of Matthews International Corporation is 2.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Matthews International Corporation (MATW)?
The operating margin of Matthews International Corporation is 0.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Matthews International Corporation (MATW)?
Revenue at Matthews International Corporation is growing −39.5% versus a year earlier (3y avg −5.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Matthews International Corporation (MATW)?
Earnings per share at Matthews International Corporation are growing +752% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Matthews International Corporation (MATW) generate?
The free cash flow of Matthews International Corporation is −$59.4M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Matthews International Corporation (MATW) carry?
The net debt of Matthews International Corporation is $732M (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Sep 23, 2026