MATW
IndustrialsMatthews International Corporation · Conglomerates · $830M
What is Matthews International Corporation?
Matthews International Corporation is a Pittsburgh-based industrial and memorialization company with roots stretching back to 1850. It serves cemeteries, funeral homes, consumer goods brands, and warehousing operators across three distinct business segments.
Matthews International generates revenue across three segments. The SGK Brand Solutions segment delivers brand management, pre-media services, printing plates, and digital asset management to consumer goods and retail clients. The Memorialization segment supplies bronze and granite memorials, caskets, cremation urns, and cremation equipment to cemeteries and funeral homes. The Industrial Technologies segment provides marking and coding equipment, industrial automation products, and order fulfillment systems to warehousing and manufacturing customers worldwide.
Matthews International was founded in 1850 and is headquartered in Pittsburgh, Pennsylvania.
- Bronze, granite, and cremation memorialization products
- Brand management and pre-media services for consumer goods
- Printing plates, cylinders, and imaging services
- Marking, coding, and industrial automation equipment
- Order fulfillment and conveying systems for warehousing
Is MATW a Good Stock to Buy?
UQS Score rates MATW as Below Average overall.
Among the five pillars, Valuation stands out as the relative bright spot — MATW's current pricing appears more attractive compared to many peers in the Industrials sector. This may appeal to investors who prioritize entry-point discipline over near-term growth momentum.
Quality, Moat, Growth, and Risk all register as Weak, reflecting meaningful headwinds across profitability, competitive positioning, expansion trajectory, and balance sheet durability. These combined weaknesses weigh heavily on the composite score.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does MATW pay dividends?
Yes — Matthews International Corporation pays a dividend.
Matthews International pays a regular dividend, which may attract income-oriented investors despite the company's broader quality challenges. The dividend reflects a long-standing capital return commitment common among established industrial companies. Investors should weigh the payout against the Weak Risk pillar profile, which suggests balance sheet pressures that could affect dividend sustainability over time.
When does MATW report earnings?
Matthews International reports earnings on a quarterly cadence, typical for US-listed equities.
Across recent quarters, MATW has navigated softness in its brand solutions and memorialization end markets while managing cost pressures in its industrial technologies business. Revenue trends across segments have reflected broader macro headwinds rather than company-specific acceleration.
For the most recent quarter's results and guidance, visit Matthews International's investor relations page directly.
MATW Price History
-19.1% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Matthews International Corporation?
Based on Matthews International Corporation's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
MATW Long-term Outlook
The fundamental outlook for MATW is cautious. With Growth and Risk both rated Weak, the near-term trajectory faces headwinds from slow end-market demand in memorialization and ongoing margin pressure in brand solutions. The relatively Good Valuation label suggests the market has already priced in considerable pessimism, which could limit downside — but a meaningful re-rating would likely require demonstrated improvement in profitability or debt reduction.
Growth drivers
- Cremation and cremation-memorialization product demand as industry preferences shift
- Industrial automation and order fulfillment systems tied to warehousing growth
- Potential restructuring benefits from streamlining the SGK Brand Solutions segment
Key risks
- Elevated debt load weighing on financial flexibility and Risk pillar rating
- Secular volume declines in traditional casket and burial memorialization
- Competitive pricing pressure in brand management and pre-media services
MATW vs Peers
MATW operates in a niche industrial and memorialization space, but it is sometimes grouped with diversified industrial holding companies for comparative purposes.
Compass Diversified operates as a holding company across multiple niche industrial and consumer brands, offering broader portfolio diversification than MATW's three-segment structure.
Cresud is an Argentine agribusiness and real estate company, representing a very different geographic and sector profile compared to MATW's North American industrial focus.
Diversified Royalty Corp. generates royalty income from franchise and service brands in Canada, contrasting with MATW's manufacturing and memorialization revenue model.
Frequently Asked Questions
What does Matthews International do?
Matthews International operates three business segments: SGK Brand Solutions, which serves consumer goods and retail brands with pre-media and brand management services; Memorialization, which supplies caskets, urns, and granite memorials to cemeteries and funeral homes; and Industrial Technologies, which provides marking equipment and order fulfillment systems to warehousing customers.
Does MATW pay dividends?
Yes, Matthews International pays a regular dividend. The company has maintained a dividend program consistent with its long-established industrial business profile. However, given the Weak Risk pillar rating, investors should review the company's balance sheet health when assessing dividend reliability.
When does MATW report earnings?
Matthews International reports on a quarterly cadence, as is standard for US-listed companies. For confirmed dates and the most recent results, check the investor relations section of the Matthews International corporate website.
Is MATW a good stock to buy?
UQS Score rates MATW as Below Average, driven by Weak ratings across Quality, Moat, Growth, and Risk. The Valuation pillar is rated Good, which may interest contrarian investors. The complete pillar breakdown is available to UQS Pro members.
Is MATW overvalued?
Based on the UQS Valuation pillar, MATW is rated Good — suggesting the stock is not considered overvalued relative to its fundamentals and sector peers. This is one of the few positive signals in an otherwise Below Average composite profile.
How does MATW compare to its competitors?
MATW's peer set includes diversified holding companies and royalty businesses rather than direct memorialization competitors. Its three-segment structure — spanning brand services, memorialization, and industrial automation — makes direct comparisons complex. The UQS competitor comparison module provides a side-by-side quality view.
What is MATW's market cap bracket?
Matthews International is classified as a small-cap company. This places it in a segment of the market that can carry higher volatility and liquidity risk compared to large-cap or mega-cap industrials.
Who founded Matthews International?
Matthews International was founded in 1850, making it one of the older operating companies in the US industrial sector. Founding details are widely available through the company's official history and public filings.
Is MATW a long-term quality investment?
As a long-term quality indicator, MATW's Below Average UQS Score — with Weak ratings across four of five pillars — suggests meaningful structural challenges. Long-term investors typically look for stronger Quality and Moat scores as indicators of durable competitive positioning. The full analysis is available to Pro members.
What is the main competitive advantage of Matthews International?
Matthews International's longest-standing advantage is its entrenched position in the memorialization industry, where long customer relationships with cemeteries and funeral homes create switching friction. However, the UQS Moat pillar is rated Weak, indicating this advantage may not be sufficient to drive above-average returns.
What sector does MATW belong to?
Matthews International is classified in the Industrials sector. Its three segments span brand services, death-care memorialization, and industrial automation — giving it an unusual mix of defensive and cyclical revenue streams within that broad sector classification.
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Pro Analysis
MATW — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 24, 2026 | 32.8 | 19.1 | 16.0 | 37.2 | 32.7 | 77.6 | -0.3 |
| May 18, 2026 | 33.1 | 19.1 | 16.0 | 37.2 | 34.1 | 78.4 | +0.1 |
| May 12, 2026 | 33.0 | 19.1 | 16.0 | 37.2 | 34.1 | 77.7 | -1.2 |
| May 7, 2026 | 34.2 | 22.7 | 16.0 | 37.2 | 36.7 | 77.5 | +0.1 |
| May 3, 2026 | 34.1 | 22.2 | 16.0 | 37.2 | 36.7 | 77.2 | 0.0 |
| Apr 26, 2026 | 34.1 | 22.2 | 16.0 | 37.2 | 36.7 | 77.5 | -0.1 |
| Apr 22, 2026 | 34.2 | 22.2 | 16.0 | 37.2 | 36.7 | 77.9 | 0.0 |
| Apr 21, 2026 | 34.2 | 22.2 | 16.0 | 37.2 | 36.7 | 78.1 | 0.0 |
| Apr 19, 2026 | 34.2 | 22.2 | 16.0 | 37.2 | 36.7 | 77.9 | 0.0 |
| Apr 18, 2026 | 34.2 | 22.2 | 16.0 | 37.2 | 36.7 | 78.4 | +1.1 |
MATW — Pillar Breakdown
Quality
— 19.1/100 (25%)Matthews International Corporation currently shows below-average quality metrics, suggesting challenges with profitability.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 37.2/100 (20%)Matthews International Corporation shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 32.7/100 (15%)Matthews International Corporation presents elevated risk with concerns around leverage or financial stability.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 77.6/100 (15%)Matthews International Corporation appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 16/100 (25%)Matthews International Corporation operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for MATW.
Score Composition
Financial Data
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How is the MATW UQS Score Calculated?
The UQS (Unified Quality Score) for Matthews International Corporation is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Matthews International Corporation's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Matthews International Corporation is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.