MATIV HOLDINGS Reports 56.7% Year-Over-Year Revenue Growth of USD 668.3 Million for Q2 FY2023
August 23, 2023
☀️Earnings Overview
MATIV HOLDINGS ($NYSE:MATV) reported total revenue of USD 668.3 million for the second quarter of fiscal year 2023, ending June 30 2023. This represented a year over year increase of 56.7%. Net income for the quarter was USD -4.5 million, compared to last year’s figure of 11.8 million, and the report was released on August 9 2023.
Analysis
GoodWhale has conducted a thorough analysis of the fundamentals of MATIV HOLDINGS and produced a star chart score of 7/10, indicating a high health score. This suggests that the company is able to sustain future operations even in times of crisis. We have classified MATIV HOLDINGS as a ‘cheetah’ type of company, meaning that it has achieved high revenue or earnings growth but is considered less stable due to lower profitability. Given this information, MATIV HOLDINGS may be of particular interest to investors who prioritize dividend yields and growth. However, they should be aware that the company has a relatively weak score in terms of assets and profitability. It is important for investors to carefully consider all of these factors before investing in MATIV HOLDINGS. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Mativ Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 2.68k | -32.8 | -1.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Mativ Holdings. More…
| Operations | Investing | Financing |
| 203.7 | -538.8 | 385.1 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Mativ Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.65k | 2.5k | 20.95 |
Key Ratios Snapshot
Some of the financial key ratios for Mativ Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 38.4% | -22.9% | 2.1% |
| FCF Margin | ROE | ROA |
| 4.5% | 3.1% | 1.0% |
Peers
Mativ Holdings Inc. has made a name for itself by delivering quality products and services to its customers, ensuring their satisfaction and loyalty.
– Xianhe Co Ltd ($SHSE:603733)
Xianhe Co Ltd is a large Chinese conglomerate that has been in business for over 30 years. The company has a market cap of 19.41B as of 2023, making it one of the largest and most successful companies in the country. Xianhe Co Ltd has achieved success through its diverse range of investments, which include investments in real estate, financial services, technology, and manufacturing. The company also has a Return on Equity (ROE) of 7.97%, which is an above-average figure for the sector. This indicates that the company is generating a healthy return from its investments and is able to expand its operations and reinvest profits for further growth.
– Daio Paper Corp ($TSE:3880)
Daio Paper Corp is a leading paper company and one of the world’s largest recycled paper producers. Founded in 1946, the company has a long history of providing quality products to customers around the world. As of 2023, Daio Paper Corp has achieved a market capitalization of 170.07B, a testament to the company’s success and long-term stability in the industry. Despite this impressive market cap, Daio Paper Corp’s Return on Equity (ROE) stands at -3.15%, indicating that the company’s current investments are not generating adequate returns. This figure indicates a need for improvement in Daio Paper Corp’s operations and may suggest that management changes are necessary in order to increase profitability.
– Genus Paper & Boards Ltd ($BSE:538961)
Genus Paper & Boards Ltd is a leading paper and board manufacturer operating in the Indian market. The company produces varieties of paper products such as kraft paper, writing and printing paper, and other specialty paper products. As of 2023, Genus Paper & Boards Ltd has a market cap of 3.54B, indicating its strong presence in the industry. Additionally, the company has a Return on Equity of 0.84%, indicating that the company is making good use of its shareholders’ investments.
Summary
MATIV HOLDINGS‘ second quarter of its fiscal year 2023, ending June 30 2023, saw total revenue increase by 56.7% year over year to USD 668.3 million. Despite this increased revenue, the company reported a net income of -4.5 million, down from 11.8 million reported in the same quarter last year. Investors should further analyze MATIV HOLDINGS financials to understand the reasons behind this decreased net income despite increased revenue, and assess whether this presents a long-term investment opportunity.
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