Mativ Holdings (MATV) AI Stock Analysis

• Market Cap: $345.83M
• Dividend Yield: 6.32%
• Average Volume (3M): 560.56K
• Price to Earnings (P/E): 4.6
• Beta (1Y): 1.20
• Revenue Growth: -7.46%
• EPS Growth: -36.14%
• Country: US
• Employees: 5,100
• Sector: Basic Materials
• Sector Strength: 67
• Industry: Paper, Lumber & Forest Products
• EPS (TTM): -0.14
• Shares Outstanding: 54,632,920
• 10 Day Avg. Volume: 611,757
• 30 Day Avg. Volume: 560,560
• PEG Ratio: 0.68
• Price to Book (P/B): 0.75
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.22
• Enterprise Value/Market Cap: 7.31
• Enterprise Value/Revenue: 0.32
• Enterprise Value/Gross Profit: 7.17
• Enterprise Value/Ebitda: -11.76
• 1Y Price Target: $10.00
• Price Target Upside: 57.98% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 60 Neutral
• Price Target: $7.00 ▲(10.58%Upside)

Mativ Holdings' overall stock score of 60 reflects a mix of challenges and opportunities. The financial performance indicates significant profitability and leverage issues, while technical analysis shows some positive momentum. Valuation raises concerns with a negative P/E ratio, despite a high dividend yield. Strategic initiatives and synergies post-merger are positive, but demand softness and market uncertainty present risks. Improvement in operational efficiency and market conditions are needed for a better outlook.

Positive Factors

Financial Performance

Mativ started the year better than feared, with revenue and adjusted EBITDA beating estimates by 3% and 9% respectively.

Leadership

The appointment of a new CEO is aimed at accelerating the pace of return to profitable growth and improved free cash flow.

Market Valuation

The sell-off of Mativ shares is considered overdone, offering an attractive entry point for investors.

Negative Factors

Product Issues

The paint protection film quality issue caused a market share loss, affecting financial performance in the second half of the year.

Segment Challenges

Challenges in the advanced films segment, especially paint protection films, have offset the strength in other product categories.

Stock Performance

Mativ shares have declined 65% in the past six months due to weaker than expected earnings and cash flow and a delay in leverage reduction.

Mativ Holdings Business Overview & Revenue Model

Company Description

Mativ Holdings, Inc. operates as a performance materials company. The company operates through two segments, Advanced Materials & Structures (AMS), and Engineered Papers (EP). The AMS segment manufactures resin-based rolled goods, such as nets, films and meltblown materials, bonding products, and adhesive components, as well as adhesives and other coating solutions, and converting services. It serves healthcare, construction, industrial, transportation, and filtration end-markets. The EP segment produces various cigarette papers and reconstituted tobacco products for the tobacco industry. It also produces non-tobacco papers for various applications, such as energy storage and industrial commodity paper grades. The company sells its products in the United States, Europe and the former Commonwealth of Independent States, the Asia Pacific, the Americas, and internationally. The company was formerly known as Schweitzer-Mauduit International, Inc. and changed its name to Mativ Holdings, Inc. in July 2022. Mativ Holdings, Inc. was incorporated in 1995 and is headquartered in Alpharetta, Georgia.

How the Company Makes Money

Mativ Holdings generates revenue through the production and sale of specialty papers, advanced materials, and engineered products. The company's revenue model is built on supplying high-performance materials and solutions to various industries, including healthcare, filtration, and packaging. Key revenue streams include the sale of filtration products, healthcare materials, and specialty packaging solutions. Additionally, strategic partnerships and collaborations enhance Mativ Holdings' market reach and contribute to its earnings, enabling the company to tap into new markets and customer segments.

Mativ Holdings Financial Statement Overview

Summary

Mativ Holdings faces profitability challenges with negative net income and high leverage, as indicated by a debt-to-equity ratio of 1.33. The company maintains positive free cash flow, showing some operational resilience, but must improve margins and reduce leverage to strengthen its financial position.

Income Statement

Mativ Holdings experienced a decline in revenue over the TTM period with a revenue growth rate of -2.22% from 2023 to 2024 TTM. The gross profit margin for the TTM is 18.38%, and the net profit margin is -2.46%, indicating profitability challenges. Additionally, the company has shown negative EBIT and EBITDA margins in 2023 but improved to positive margins in the TTM. Despite these improvements, the consistent negative net income highlights ongoing profitability issues.

Balance Sheet

The balance sheet shows a debt-to-equity ratio of 1.33 in the TTM, reflecting high leverage, which poses financial risk. The equity ratio is 35.08%, indicating a moderate level of equity financing. The return on equity (ROE) is negative at -5.68% for the TTM, pointing to inefficiencies in generating returns on shareholder equity. The company needs to address its leverage and improve profitability to enhance financial stability.

Cash Flow

Mativ Holdings' cash flow statement reveals a positive free cash flow of $37.3 million for the TTM, although it decreased by 7.21% from the previous year. The operating cash flow to net income ratio is negative due to the negative net income, indicating cash generation issues relative to profitability. However, the company's ability to maintain positive free cash flow is a positive sign amidst profitability challenges.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
1.97B	1.98B	2.03B	2.17B	1.44B	1.07B
	Gross Profit
352.70M	364.10M	358.50M	437.60M	330.30M	308.30M
	EBIT
-398.70M	6.30M	-413.90M	81.00M	129.30M	139.70M
	EBITDA
-261.60M	170.60M	-242.80M	92.20M	211.00M	196.70M
	Net Income Common Stockholders
-446.30M	-48.70M	-310.20M	-11.80M	88.90M	83.80M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
84.00M	94.30M	120.20M	124.40M	74.70M	54.70M
	Total Assets
2.05B	2.45B	2.64B	3.68B	2.41B	1.58B
	Total Debt
1.19B	1.15B	1.17B	1.76B	1.27B	593.30M
	Net Debt
1.10B	1.06B	1.05B	1.64B	1.20B	538.60M
	Total Liabilities
1.62B	1.59B	1.69B	2.50B	1.73B	935.30M
	Stockholders Equity
428.20M	858.50M	949.10M	1.18B	682.20M	649.60M
Cash Flow		Free Cash Flow
64.30M	39.20M	40.20M	142.60M	19.20M	128.30M
	Operating Cash Flow
107.80M	94.80M	106.60M	202.20M	58.10M	161.60M
	Investing Cash Flow
-38.40M	-56.70M	547.20M	-481.30M	-636.50M	-203.10M
	Financing Cash Flow
-73.00M	-55.90M	-662.90M	331.60M	599.90M	-8.60M

Mativ Holdings Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 6.33
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MATV, the sentiment is Neutral. The current price of 6.33 is above the 20-day moving average (MA) of 6.14, above the 50-day MA of 5.51, and below the 200-day MA of 10.17, indicating a neutral trend. The MACD of 0.28 indicates Negative momentum. The RSI at 54.24 is Neutral, neither overbought nor oversold. The STOCH value of 56.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for MATV.

Mativ Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
UFPI	74 Outperform	$5.78B	15.78	11.33%	1.46%	-6.06%	-24.97%
SLVM	67 Neutral	$2.07B	7.43	31.83%	3.55%	0.11%	46.54%
RYAM	61 Neutral	$258.42M	―	-10.12%	―	2.20%	34.71%
MATV	60 Neutral	$345.83M	4.60	-66.90%	6.32%	-7.46%	-36.14%
CLW	60 Neutral	$447.52M	33.74	-8.15%	―	-15.03%	-233.06%
MERC	51 Neutral	$242.07M	―	-17.96%	8.29%	-1.37%	60.42%
Sector *	51 Neutral	$2.03B	-1.27	-21.09%	3.98%	2.91%	-30.50%

Mativ Holdings Corporate Events

Mativ Holdings Achieves $65M Synergies Post-Merger

Mativ Holdings has realized over $65 million in synergies since its merger, optimizing its manufacturing footprint and reducing complexity by decreasing the number of facilities and warehouses. The company has divested from tobacco-based products and focuses on high-growth markets, aiming to enhance its portfolio mix and reduce net debt by over 40% since the merger.

The most recent analyst rating on (MATV) stock is a Buy with a $10.00 price target. To see the full list of analyst forecasts on Mativ Holdings stock, see the MATV Stock Forecast page.

Mativ Holdings Announces Executive Departure and Retention Awards

On May 23, 2025, Mativ Holdings, Inc. announced the departure of its Chief Human Resources and Communications Officer, Michael W. Rickheim, effective June 1, 2025. His departure is classified as an involuntary termination without cause, entitling him to severance benefits as per the company’s Executive Severance Plan. Additionally, Mativ Holdings has granted one-time retention awards in the form of restricted stock to key executive officers to ensure their continued employment, with shares vesting on the second anniversary of the grant date.

The most recent analyst rating on (MATV) stock is a Buy with a $10.00 price target. To see the full list of analyst forecasts on Mativ Holdings stock, see the MATV Stock Forecast page.

Mativ Holdings Approves Equity Plan Amendment at Annual Meeting

At the 2025 Annual Meeting of Stockholders held on April 30, 2025, Mativ Holdings, Inc. announced the approval of Amendment No. 1 to its 2024 Equity and Incentive Plan. This amendment, which was previously approved by the Board of Directors and required stockholder approval, increases the number of shares authorized for issuance under the plan by 2,300,000, bringing the total to 5,100,000 shares. Additionally, the meeting included the election of Kimberly E. Ritrievi as a Class III director for a three-year term, the ratification of Deloitte & Touche LLP as the independent registered public accounting firm, and a non-binding advisory vote approving executive compensation.