Matthews International Corporation (MATW) vs Tetra Technologies, Inc. (TTI)

Matthews International Corporation and Tetra Technologies, Inc. are both Conglomerates companies. Tetra Technologies, Inc. is the larger, with a market value of $892.9M against $599.9M — 1.5× the size. Matthews International Corporation has negative trailing earnings, so its P/E is not meaningful; Tetra Technologies, Inc. trades at 153×. Tetra Technologies, Inc. grew revenue faster over the last twelve months: 5.70% against −31.8%. Tetra Technologies, Inc. has the higher net margin (0.97% vs −2.65%) and the higher return on invested capital (6.69% vs 4.29%). Across the 19 metrics below, Tetra Technologies, Inc. leads on 13 and Matthews International Corporation on 6.

Valuation

Metric MATW TTI Conglomerates median
P/E n/m 153.00 17.47
P/S 0.54 1.33 0.88
P/B 1.23 2.09 1.40
Price to free cash flow n/m n/m 12.58
EV/EBITDA 9.32 10.19 11.36
EV/Sales 1.02 1.37 1.37
Earnings yield (4.91%) 0.65% 0.65%
Free cash flow yield (13.76%) (1.70%) 0.00%

Profitability

Metric MATW TTI Conglomerates median
Gross margin 36.61% 23.17% 33.55%
Operating margin 6.30% 7.26% 3.36%
Net margin (2.65%) 0.97% 0.97%
Free cash flow margin (7.40%) (2.25%) (0.94%)
Return on equity (5.87%) 1.78% 0.75%
Return on assets (1.83%) 0.86% 0.10%
Return on invested capital 4.29% 6.69% 0.73%

Growth

Metric MATW TTI Conglomerates median
Revenue growth (TTM) (31.82%) 5.70% 8.17%
EPS growth (last fiscal year) 59.07% (97.56%) —
Revenue growth, 5-year CAGR (0.01%) 10.81% 6.01%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric MATW TTI Conglomerates median
Debt to equity 1.17 0.45 0.48
Current ratio 1.76 2.46 1.79
Net debt to EBITDA 4.61 1.15 1.36

Dividend

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

Size

Metric MATW TTI Conglomerates median
Market cap 599.92m 892.88m 519.65m

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