Matson, Inc. (MATX) vs ZIM Integrated Shipping Services Ltd. (ZIM)

Matson, Inc. and ZIM Integrated Shipping Services Ltd. are both Marine Shipping companies. Matson, Inc. is the larger, with a market value of $6.7B against $3.6B — 1.9× the size. Matson, Inc. trades at the lower P/E: 14.9× against 25.2×. Matson, Inc. grew revenue faster over the last twelve months: −0.16% against −24.9%. Matson, Inc. has the higher net margin (13.4% vs 2.15%) and the higher return on invested capital (11.0% vs 5.07%). Both pay a dividend; ZIM Integrated Shipping Services Ltd. yields more (52.4% vs 1.33%). Across the 23 metrics below, Matson, Inc. leads on 13 and ZIM Integrated Shipping Services Ltd. on 10.

Valuation

Metric MATX ZIM Marine Shipping median
P/E 14.89 25.16 6.89
P/S 1.95 0.55 1.92
P/B 2.44 0.91 0.90
Price to free cash flow 57.07 2.30 4.62
EV/EBITDA 8.41 3.39 6.57
EV/Sales 2.02 0.96 2.73
Earnings yield 6.72% 3.97% 9.59%
Free cash flow yield 1.75% 43.39% 16.76%

Profitability

Metric MATX ZIM Marine Shipping median
Gross margin 23.02% 13.65% 60.61%
Operating margin 15.18% 8.21% 27.74%
Net margin 13.41% 2.15% 25.21%
Free cash flow margin 3.45% 23.71% 17.29%
Return on equity 17.21% 3.56% 8.62%
Return on assets 10.09% 1.27% 5.35%
Return on invested capital 10.99% 5.07% 5.32%

Growth

Metric MATX ZIM Marine Shipping median
Revenue growth (TTM) (0.16%) (24.91%) 13.26%
EPS growth (last fiscal year) (0.86%) (77.67%) —
Revenue growth, 5-year CAGR 7.01% 11.58% 11.77%
Net income growth, 5-year CAGR 18.16% (1.54%) 0.00%

Health

Metric MATX ZIM Marine Shipping median
Debt to equity 0.12 1.10 0.52
Current ratio 0.89 1.24 1.63
Net debt to EBITDA 0.26 1.24 2.34

Dividend

Metric MATX ZIM Marine Shipping median
Dividend yield 1.33% 52.42% 5.54%
Payout ratio 0.10 1.31 0.13

Size

Metric MATX ZIM Marine Shipping median
Market cap 6.70b 3.58b 420.73m

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