MATTHEWS INTERNATIONAL CORP (MATW)

Matthews International Corp. engages in the provision of brand solutions, memorialization products, and industrial technologies. It operates through the following segments: Memorialization, Industrial Technologies, and SGK Brand Solutions. The Memorialization segment consists of bronze and granite, and other memorialization products, caskets, cremation, and incineration equipment. The Industrial Technologies segment includes marking and coding equipment and consumables, industrial automation products, and order fulfillment systems for identifying, tracking, picking, and conveying consumer, and industrial products. The SGK Brand Solutions segment consists of brand management, pre-media services, printing plates and cylinders, engineered products, imaging services, digital asset management, merchandising display systems, and marketing and design services for the consumer goods and retail industries. The company was founded by John Dixon Matthews in 1850 and is headquartered in Pittsburgh, PA.

Address

TWO NORTHSHORE CENTER
PITTSBURGH, PA 15212-5851

Founded

1850

Number of Employees

12,000

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
$8,017 $6,730 $6,500 $4,415 $13,728 $1,845 $4,237 $2,434 $2,452 $17,185 $3,340 $6,444
Average Price $46.14 $56.01 $68.26 $58.27 $41.84 $35.41 $26.11 $38.79 $27.54 $36.88 $28.87 $40.72
# Shares Purchased 173,749 120,156 95,229 75,765 328,139 52,104 162,291 62,746 89,025 465,953 115,695 158,259
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date -48.0% -57.2% -64.8% -58.8% -42.6% -32.2% -8.1% -38.1% -12.9% -34.9% -16.9% -41.1%
S&P 500 Return to Date 181.9% 173.0% 168.6% 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 94.0%
Excess Total Return -229.8% -230.1% -233.4% -188.5% -147.5% -125.3% -82.9% -69.8% -50.1% -66.3% -24.3% -135.0%
Quartile Rank
Percentile Rank 17% 13% 10% 11% 16% 18% 24% 20% 34% 11% 17% 18%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.