Added to YB: 2026-10-14
Pitch date: 2026-10-12
MATX [bullish]
Matson, Inc.
+2.47%
current return
Author Info
BlackwoodResearch shares deep fundamental research on obscure microcaps, decentralized serial acquirers, and highly profitable niche businesses. Sign up for the newsletter.
Company Info
Matson, Inc., together with its subsidiaries, engages in the provision of ocean transportation and logistics services.
Market Cap
$6.7B
Pitch Price
$231.16
Price Target
N/A
Dividend
0.67%
EV/EBITDA
8.56
P/E
15.11
EV/Sales
2.12
Sector
Marine Transportation
Category
N/A
The 144-Year-Old Shipping Line With a $1.4 Billion Moat Written Into Law - $MATX
MATX: Matson combines Jones Act-protected Hawaii and Alaska lanes, which generated 51% of 2025 ocean revenue, with a premium China express service expected near capacity through peak season. Three new ships add capacity from 2027, while a tax-deferred fund covers about 90% of remaining payments and capex then falls sharply. At ~$225 and 12.7x forward earnings, upside from cash generation and buybacks must offset China-rate cyclicality, shipyard delays and Jones Act risk.
Read full article (9 min)