Matthews International Corporation (MATW) vs Tejon Ranch Co (TRC)

Matthews International Corporation and Tejon Ranch Co are both Conglomerates companies. Matthews International Corporation is the larger, with a market value of $599.9M against $439.4M — 1.4× the size. Matthews International Corporation has negative trailing earnings, so its P/E is not meaningful; Tejon Ranch Co trades at 72.9×. Tejon Ranch Co grew revenue faster over the last twelve months: 25.5% against −31.8%. Tejon Ranch Co has the higher net margin (10.6% vs −2.65%) and the lower return on invested capital (−0.06% vs 4.29%). Across the 19 metrics below, Tejon Ranch Co leads on 11 and Matthews International Corporation on 8.

Valuation

Metric MATW TRC Conglomerates median
P/E n/m 72.92 17.47
P/S 0.54 7.82 0.88
P/B 1.23 0.90 1.40
Price to free cash flow n/m n/m 12.58
EV/EBITDA 9.32 84.99 11.36
EV/Sales 1.02 9.27 1.37
Earnings yield (4.91%) 1.37% 0.65%
Free cash flow yield (13.76%) (4.15%) 0.00%

Profitability

Metric MATW TRC Conglomerates median
Gross margin 36.61% 16.08% 33.55%
Operating margin 6.30% (0.91%) 3.36%
Net margin (2.65%) 10.62% 0.97%
Free cash flow margin (7.40%) (42.78%) (0.94%)
Return on equity (5.87%) 1.23% 0.75%
Return on assets (1.83%) 0.96% 0.10%
Return on invested capital 4.29% (0.06%) 0.73%

Growth

Metric MATW TRC Conglomerates median
Revenue growth (TTM) (31.82%) 25.45% 8.17%
EPS growth (last fiscal year) 59.07% (97.40%) —
Revenue growth, 5-year CAGR (0.01%) 5.56% 6.01%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric MATW TRC Conglomerates median
Debt to equity 1.17 0.19 0.48
Current ratio 1.76 2.92 1.79
Net debt to EBITDA 4.61 (32.76) 1.36

Dividend

Metric MATW TRC Conglomerates median
Dividend yield 3.27% — 2.53%
Payout ratio 9.56 0.00 0.00

Size

Metric MATW TRC Conglomerates median
Market cap 599.92m 439.37m 519.65m

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