Matrix Service Co (MTRX) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Matrix Service Co stock $8.18, price $9.64, that is 15.1% below the price, quality 50 out of 100. Rating: overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
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Matrix Service Co
MTRX · USOur calculation puts a fair price 15% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range $3.46 – $15.82 · fair‑value band $7.99 – $8.36 · the $9.64 price screens above the $8.18 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 3 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 6, 2026.
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Company profile
Matrix Service Company provides engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets in the United States, Canada, and internationally.
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The company's Storage and Terminal Solutions segment offers engineering, procurement, fabrication, and construction services related to cryogenic, specialty tanks, and terminals for LNG, NGLs, hydrogen, ammonia, propane, butane, liquid nitrogen/liquid oxygen, and liquid petroleum; and plant work, truck and rail loading/offloading facilities, marine structures, and storage tank and terminal maintenance and repair, as well as undertakes work related to aboveground crude oil and refined product storage tanks and terminals.
This segment also provides engineered specialty tank products, including geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems, and floating roof seals.
Its Utility and Power Infrastructure segment undertakes power delivery work, including construction of new substations, upgrades of existing substations, and maintenance.
This segment also provides engineering, procurement, fabrication, and construction services for LNG utility peak shaving facilities; and construction services to various power generation facilities, including natural gas fired facilities.
The company's Process and Industrial Facilities segment offers plant maintenance, repair, and turnarounds, including refining and processing of crude oil, fractionating, and marketing of natural gas and natural gas liquids; and engineering, procurement, fabrication, and construction for refinery upgrades and retrofits for hydrogen processing, production, loading, and distribution facilities, as well as constructs thermal vacuum test chambers and other infrastructure for aerospace, defense, and other industries.
Matrix Service Company was founded in 1984 and is headquartered in Tulsa, Oklahoma.
Stock analysis
Matrix Service Co (MTRX) currently trades at $9.64, while our model-based Fair Value estimate is $8.18, 15% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of $8.20 per share, and 0 of the 6 models we run sit above the $9.64 price.
Bear case: the Asset-Based group reads lowest at $2.68, and 6 of the 6 models stay below the price. Data coverage for this calculation is low.
Scenario range: $7.99 (bear) to $8.36 (bull), the price of $9.64 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 50/100 (solid quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Matrix Service Co reported revenue of $874M in FY2026 versus $708M in FY2022, a compound +5.4%/yr. Reported net income was −$2.6M in FY2026.
Key figures
Market cap $275M Micro · P/E ex one-offs 37.1 · P/S ratio 0.28 · EPS (TTM) $0.2600 · Net margin −0.3% · Return on equity −1.8% · Return on assets (EBIT) −9.4% (5-year average) · Operating margin 0.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 20 out of 100 (medium confidence).
What moves the price
The share trades about 33% below its 52-week high and 12% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −42% fair-value upside, at −15%, MTRX screens cheaper than that median.
Fair Value models
All 6 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, 2 officers or directors sold shares worth $1.8M and none bought.
- SaleKevin S CavanahVP Finance & CFO3× since May 26, 2026: 120,000 shares, avg. $13.50$1.6MJun 15, 202610b5-1 plan
- SaleJustin D SheetsSVP, Enterprise Services16,991 shares at $13.50$229,379Jun 12, 2026
- SaleJohn R HewittPresident & CEO, Director36,000 shares at $12.50$450,000May 8, 2026
- SaleNancy E AustinVP, Chief Admin Officer4,193 shares at $11.29$47,339Feb 18, 2026
- SaleShawn P PaynePresident, Eng & Constr3× since Nov 11, 2025: 16,500 shares, avg. $12.00$198,000Nov 25, 2025
Plus 12 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗
Revenue & earnings trend
Growth Forecast
MTRX screens overvalued: fair value 15% below the price. Compare with Quanta Services, Inc →
Earlier news
- Matrix IT (TASE:MTRX) Stock Looks Fully Priced After A 67% Run
- 2 Reasons to Watch MTRX and 1 to Stay Cautious
- Generac, American Superconductor, Bloom Energy, Redwire, and Matrix Service Shares Skyrocket, What You Need To Know
Compare Matrix Service Co with another stock
Price, fair value, quality and upside side by side.
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.Engineering & Construction · 791 stocks
Valuation Multiplesvs Engineering & Construction median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Energy sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Dividend yield by industry
- EV/EBITDA by industry
- Piotroski F-Score screener with fair value
- Undervalued stocks: Energy
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Engineering & Construction stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Vinci SA DG | €111.60 | €186.68 | +67% | vs MTRX |
| Comfort Systems USA, Inc FIX | $1,018 | $1,119 | +10% | vs MTRX |
| EMCOR Group EME | $608.45 | $524.14 | −14% | vs MTRX |
| ACS, Actividades de Construcción y Servicios, S.A ACS | €87.00 | €62.21 | −28% | vs MTRX |
| Samsung C&T Corporation 028260 | 273,500 KRW | 159,702 KRW | −42% | vs MTRX |
| Larsen & Toubro Limited LT | ₹4,118 | ₹2,302 | −44% | vs MTRX |
| HOCHTIEF Aktiengesellschaft HOT | €365.60 | €203.86 | −44% | vs MTRX |
| APi Group APG | $40.87 | $19.20 | −53% | vs MTRX |
| Ferrovial N.V FER | $58.71 | $23.06 | −61% | vs MTRX |
| Quanta Services, Inc PWR | $540.90 | $162.41 | −70% | vs MTRX |
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Frequently asked questions
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Key figures of Matrix Service Co
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