Matthews Net Income From Continuing Ops vs Research Development Analysis

MATW Stock  USD 29.70  0.59  2.03%   
Matthews International financial indicator trend analysis is infinitely more than just investigating Matthews International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Matthews International is a good investment. Please check the relationship between Matthews International Net Income From Continuing Ops and its Research Development accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matthews International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Matthews Stock please use our How to Invest in Matthews International guide.

Net Income From Continuing Ops vs Research Development

Net Income From Continuing Ops vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Matthews International Net Income From Continuing Ops account and Research Development. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Matthews International's Net Income From Continuing Ops and Research Development is -0.34. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Research Development in the same time period over historical financial statements of Matthews International, assuming nothing else is changed. The correlation between historical values of Matthews International's Net Income From Continuing Ops and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Matthews International are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Net Income From Continuing Ops i.e., Matthews International's Net Income From Continuing Ops and Research Development go up and down completely randomly.

Correlation Coefficient

-0.34
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income From Continuing Ops

Research Development

Most indicators from Matthews International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Matthews International current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matthews International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Matthews Stock please use our How to Invest in Matthews International guide.At this time, Matthews International's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 2.7 B in 2024, whereas Selling General Administrative is likely to drop slightly above 181 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit522.3M577.7M664.3M344.1M
Total Revenue1.8B1.9B2.2B2.3B

Matthews International fundamental ratios Correlations

0.870.360.540.90.670.860.910.450.320.990.310.320.950.060.890.480.320.210.850.130.750.420.830.990.72
0.870.530.780.750.891.00.740.680.240.860.490.240.8-0.160.990.740.620.330.990.450.920.260.770.850.74
0.360.530.820.10.690.540.250.86-0.140.310.9-0.140.29-0.430.520.730.690.060.630.560.66-0.210.040.280.52
0.540.780.820.320.950.770.40.980.180.480.820.180.39-0.520.740.970.920.120.850.780.92-0.230.220.490.75
0.90.750.10.320.530.740.940.210.420.930.040.410.950.010.780.30.070.060.7-0.030.620.60.870.950.69
0.670.890.690.950.530.890.580.890.240.630.660.240.54-0.520.850.950.850.10.920.750.980.00.410.650.84
0.861.00.540.770.740.890.730.680.190.860.510.190.79-0.150.990.740.620.340.990.460.910.270.760.840.73
0.910.740.250.40.940.580.730.280.340.910.130.340.94-0.160.760.380.11-0.160.710.010.640.650.750.940.79
0.450.680.860.980.210.890.680.280.180.380.840.180.29-0.490.650.940.930.150.770.780.87-0.370.110.380.68
0.320.24-0.140.180.420.240.190.340.180.3-0.171.00.29-0.140.260.180.09-0.150.25-0.080.35-0.080.250.380.49
0.990.860.310.480.930.630.860.910.380.30.260.290.970.110.890.420.240.240.830.060.710.490.890.990.68
0.310.490.90.820.040.660.510.130.84-0.170.26-0.170.21-0.320.480.710.730.210.590.590.62-0.370.020.220.39
0.320.24-0.140.180.410.240.190.340.181.00.29-0.170.29-0.140.260.190.1-0.150.26-0.070.35-0.080.250.370.49
0.950.80.290.390.950.540.790.940.290.290.970.210.290.080.840.310.090.140.77-0.070.640.590.890.960.65
0.06-0.16-0.43-0.520.01-0.52-0.15-0.16-0.49-0.140.11-0.32-0.140.08-0.12-0.62-0.470.64-0.23-0.6-0.440.050.340.03-0.62
0.890.990.520.740.780.850.990.760.650.260.890.480.260.84-0.120.690.560.340.980.390.90.290.810.870.74
0.480.740.730.970.30.950.740.380.940.180.420.710.190.31-0.620.690.940.040.80.880.92-0.220.150.440.78
0.320.620.690.920.070.850.620.110.930.090.240.730.10.09-0.470.560.940.240.690.910.8-0.480.020.250.56
0.210.330.060.120.060.10.34-0.160.15-0.150.240.21-0.150.140.640.340.040.240.30.10.15-0.250.450.15-0.29
0.850.990.630.850.70.920.990.710.770.250.830.590.260.77-0.230.980.80.690.30.510.960.170.690.820.78
0.130.450.560.78-0.030.750.460.010.78-0.080.060.59-0.07-0.07-0.60.390.880.910.10.510.66-0.41-0.140.090.49
0.750.920.660.920.620.980.910.640.870.350.710.620.350.64-0.440.90.920.80.150.960.660.010.50.730.87
0.420.26-0.21-0.230.60.00.270.65-0.37-0.080.49-0.37-0.080.590.050.29-0.22-0.48-0.250.17-0.410.010.570.480.22
0.830.770.040.220.870.410.760.750.110.250.890.020.250.890.340.810.150.020.450.69-0.140.50.570.850.38
0.990.850.280.490.950.650.840.940.380.380.990.220.370.960.030.870.440.250.150.820.090.730.480.850.74
0.720.740.520.750.690.840.730.790.680.490.680.390.490.65-0.620.740.780.56-0.290.780.490.870.220.380.74
Click cells to compare fundamentals

Matthews International Account Relationship Matchups

Matthews International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.0B1.9B1.9B2.2B1.2B
Short Long Term Debt Total834.5M763.7M798.6M790.2M908.7M954.1M
Other Current Liab290.0M349.6M254.9M239.7M275.6M289.4M
Total Current Liabilities316.9M354.2M411.4M394.6M453.8M476.5M
Total Stockholder Equity611.4M636.4M487.1M525.3M604.1M456.0M
Property Plant And Equipment Net236.8M223.7M256.1M270.3M310.9M326.4M
Net Debt793.2M714.5M729.6M748.1M860.3M903.3M
Retained Earnings859.0M834.2M706.7M714.7M821.9M569.3M
Accounts Payable82.9M112.7M121.4M114.3M131.5M138.0M
Cash41.3M49.2M69.0M42.1M48.4M51.3M
Non Current Assets Total1.5B1.4B1.3B1.2B1.4B816.2M
Non Currrent Assets Other94.4M115.0M90.9M83.0M95.4M100.2M
Cash And Short Term Investments41.3M49.2M69.0M42.1M48.4M51.8M
Net Receivables295.2M309.8M221.0M207.5M238.7M172.0M
Common Stock Shares Outstanding31.2M32.0M31.4M31.3M28.2M25.7M
Liabilities And Stockholders Equity2.1B2.0B1.9B1.9B2.2B1.2B
Non Current Liabilities Total1.1B1.0B984.3M967.5M1.1B1.2B
Inventory175.1M189.1M225.4M260.4M299.5M314.4M
Other Current Assets64.0M76.1M113.1M138.2M159.0M166.9M
Other Stockholder Equity(43.2M)(41.4M)(65.8M)(51.4M)(46.2M)(48.6M)
Total Liab1.5B1.4B1.4B1.4B1.6B1.6B
Property Plant And Equipment Gross236.8M223.7M256.1M758.6M872.4M916.0M
Total Current Assets575.6M624.2M628.6M648.3M745.5M782.8M
Accumulated Other Comprehensive Income(240.7M)(192.7M)(190.2M)(174.4M)(157.0M)(149.1M)
Short Term Debt26.8M4.6M3.3M3.7M4.3M4.0M
Intangible Assets333.5M261.5M202.2M160.5M184.5M178.0M
Good Will765.4M773.8M675.4M698.1M802.8M473.1M
Other Liab292.4M282.7M282.4M137.6M158.2M158.2M
Other Assets40.2M30.7M148.9M19.7M22.6M40.9M
Long Term Debt807.7M759.1M795.3M786.5M904.5M485.0M
Treasury Stock(200.2M)(179.0M)(190.7M)(225.8M)(203.2M)(213.4M)
Property Plant Equipment237.4M236.8M223.7M328.0M377.2M396.1M
Current Deferred Revenue(82.9M)(112.7M)31.9M36.9M33.2M34.9M
Net Tangible Assets(529.4M)610.8M(398.9M)(390.2M)(351.2M)(333.6M)

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When determining whether Matthews International is a strong investment it is important to analyze Matthews International's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Matthews International's future performance. For an informed investment choice regarding Matthews Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matthews International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Matthews Stock please use our How to Invest in Matthews International guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is Matthews International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Matthews International. If investors know Matthews will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Matthews International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
0.95
Earnings Share
1.07
Revenue Per Share
60.654
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0294
The market value of Matthews International is measured differently than its book value, which is the value of Matthews that is recorded on the company's balance sheet. Investors also form their own opinion of Matthews International's value that differs from its market value or its book value, called intrinsic value, which is Matthews International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Matthews International's market value can be influenced by many factors that don't directly affect Matthews International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Matthews International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Matthews International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Matthews International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.