Despite Matson's current undervaluation, the prospect of negative growth introduces a degree of risk. Investors are advised to consider this risk before deciding to increase their portfolio exposure to MATX or diversify into another stock.
Insider sales of Matson shares, especially at lower prices, may suggest a lack of confidence in the stock's valuation. Despite some insider buying, the overall sentiment is not very positive. The level of insider ownership indicates some alignment with smaller shareholders, but the selling activity could be a cautionary sign for potential investors.
Matson's rising ROCE and expanding capital base are promising. These trends indicate profitable initiatives for reinvestment, potentially leading to future growth.
Matson's low P/E ratio is contributed to by its poor earnings performance and projected decline in earnings. Unless profitability improves, the P/E can potentially fall further, putting more downward pressure on the stock price.
Given the above-average PE ratio and negative future profit growth projection, it may not be the ideal time for potential investors to buy into Matson's stock. Current shareholders should consider reducing portfolio risk considering these factors.
Recent Matson insider sales suggest shares may not be undervalued, advising caution for potential investors. Lack of insider buying alongside sales volume indicates a potential red flag.
Matson股票讨论区
新增数据:23Q3,23Q4,营收、营业利润和净利润持续萎缩。
2023年营收萎缩28.8%,营业利润受毛利率下滑费占比提高影响萎缩73.2%,净利润萎缩72.1%。
资产负债率从47%下降到44.1%,总资产略有下降,净资产略有增加。资产端现金有所减少,长期预付费有所增加,负债端主要是长期借款与租赁负债下降比较多。
现金流经营净额仍高于投资净额,产生了些股东盈余。
目前市盈率12.8,股息率1.2%,5年平均净利5.1亿对应市盈率7.2,估值依然不算高,可以谨慎选择(⭐️)
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...
Matson(MATX)股价在2020年达到$9.56的低点后波动上升,2022年3月达到$124.9的新高后,目前回落至$87.9。毛利率从16.1%下滑到14.8%,2020年恢复到20.1%,2021年暴增到34.8%,但是在板块内不算高。净资产收益率则是从40%下降到10%后,2020年恢复到22%,2021年暴增到71%。
5年来营收只在2019年微弱下滑0.9%,其余4年稳定增长,营收、营业利润和净利润在2021年分别暴增64.7%,345%,380%。
2022Q1营收、营业利润和净利润分别暴增63.7%,259%,289%。
利润表显示利息费用占营业利润比例很低,2020和2021年分别为11%和2%;
5年来资产负债率从过年70%下降到了52%,负债净额没有下降,主要是股东权益增加。商誉和无形资产有5亿,占总资产的13%,净资产的26%,扣除后净资产还有14亿。
5年来经营净额总数高于投资净额,但不是每年都超过。
目前4倍市盈率,按5年平均净利3.1亿计算市盈率为11.5,1.86倍市净率,可以谨慎选择(⭐️)。
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