Mattr (MATR) AI Stock Analysis

• Market Cap: C$506.76M
• Dividend Yield: N/A
• Average Volume (3M): 276.87K
• Price to Earnings (P/E): 57.6
• Beta (1Y): 0.73
• Revenue Growth: 27.14%
• EPS Growth: N/A
• Country: CA
• Employees: 1,810
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): -0.03
• Shares Outstanding: 61,351,513
• 10 Day Avg. Volume: 328,979
• 30 Day Avg. Volume: 276,865
• PEG Ratio: 2.13
• Price to Book (P/B): 1.15
• Price to Sales (P/S): 0.94
• P/FCF Ratio: -14.05
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 0.65
• Revenue Forecast (FY): C$1.27B

• Rating: 61 Neutral
• Price Target: C$11.00 ▲(20.35% Upside)
• Action: Reiterated Date: 12/11/25
• Date: Action: Reiterated 12/11/25

Mattr's overall stock score reflects a mixed financial performance with signs of recovery, but ongoing cash flow challenges. The technical analysis indicates bearish momentum, while the valuation is reasonable. The earnings call provided a balanced view of growth opportunities and economic challenges, leading to a cautious outlook.

Positive Factors

Connection Technologies Performance

Exceptional growth in this segment highlights strong market demand and operational success, contributing to sustained revenue increases.

Strategic Acquisitions

Strategic acquisitions enhance supply chain efficiency and cost management, providing a competitive edge and long-term profitability.

Revenue Growth

Strong revenue growth indicates effective market penetration and product demand, supporting long-term business expansion and stability.

Negative Factors

Tariff and Economic Impacts

Tariff-related supply chain disruptions may increase costs and reduce margins, posing a risk to profitability and competitive positioning.

Economic Weakness Impact

Economic challenges in major markets could limit revenue growth and operational efficiency, affecting long-term business prospects.

Cash Flow Challenges

Persistent cash flow issues could hinder Mattr's ability to invest in growth opportunities and manage financial obligations effectively.

Mattr Business Overview & Revenue Model

Company Description

Mattr Corp. operates as a material sciences company that serves the infrastructure, energy, and transportation markets worldwide. It operates through three segments: Composite Systems, Automotive and Industrial, and Pipeline and Pipe Services. The Composite Systems segment manufactures flexible composite that are used for oil and gas gathering, and other applications; fiberglass reinforced plastic underground storage tanks for the retail fuel, water and wastewater, and oil and gas markets. The Automotive and Industrial segment manufactures heat-shrinkable products, including thin, medium, and heavy-walled tubing; sleeves and molded products, as well as heat-shrink accessories and equipment; and low-voltage wires and cables for control, instrumentation, thermocouple, power, and industrial applications. The Pipeline and Pipe Services segment offers ultrasonic and radiographic pipeline girth weld inspection services to pipeline operators and construction contractors. The company was formerly known as Shaw Industries Ltd. and changed its name to Shawcor Ltd. in 2001. Shawcor Ltd. was founded in 1930 and is headquartered in Toronto, Canada.

How the Company Makes Money

Mattr generates revenue through a combination of subscription services, transaction fees, and enterprise solutions. The company's primary revenue streams include fees from organizations using its digital identity verification services, which help businesses authenticate users while preserving privacy. Additionally, Mattr may partner with other technology providers and enterprises to offer integrated solutions, generating revenue from these collaborations. Significant partnerships with industry players can amplify Mattr's market reach and drive additional income through co-developed products and services.

Mattr Financial Statement Overview

Summary

Mattr is showing signs of recovery with improved revenue and profitability metrics. The balance sheet reflects better leverage management and a return to positive equity returns. However, cash flow challenges persist, particularly with free cash flow generation. Continued focus on cost management and cash flow improvement will be crucial for sustained financial health.

Income Statement

Mattr has shown a positive revenue growth rate of 8.25% in the TTM, indicating a recovery from previous declines. The gross profit margin is healthy at 25.45%, though it has decreased from past levels. The net profit margin has improved to 4.26% in the TTM, a significant turnaround from negative margins in previous years. However, the EBIT and EBITDA margins have decreased compared to historical data, suggesting potential cost management issues.

Balance Sheet

The company's debt-to-equity ratio has improved to 0.79 in the TTM, indicating better leverage management compared to previous years. Return on equity has turned positive at 6.16%, showing improved profitability. The equity ratio remains stable, reflecting a balanced capital structure. Overall, the balance sheet shows signs of strengthening, though past high leverage remains a concern.

Cash Flow

Free cash flow has declined significantly, with a negative growth rate of -118.68% in the TTM, raising concerns about cash generation. The operating cash flow to net income ratio is moderate at 0.26, indicating some efficiency in converting income to cash. However, the negative free cash flow to net income ratio suggests challenges in maintaining liquidity.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.16B	885.32M	925.27M	1.26B	1.14B	1.18B
Gross Profit	288.34M	243.84M	296.44M	364.70M	318.12M	322.54M
EBITDA	101.52M	85.07M	121.27M	147.78M	29.86M	-107.48M
Net Income	35.82M	-3.73M	87.19M	-29.99M	-79.11M	-234.17M
Balance Sheet
Total Assets	1.66B	1.63B	1.28B	1.55B	1.27B	1.53B
Cash, Cash Equivalents and Short-Term Investments	41.70M	375.24M	334.06M	263.99M	124.45M	214.51M
Total Debt	620.31M	640.37M	232.46M	270.27M	346.58M	505.55M
Total Liabilities	895.45M	908.38M	548.62M	849.44M	625.68M	808.90M
Stockholders Equity	766.87M	721.10M	730.16M	699.38M	639.27M	712.70M
Cash Flow
Free Cash Flow	3.48M	-59.05M	48.35M	161.02M	39.61M	20.42M
Operating Cash Flow	69.58M	51.35M	124.61M	211.10M	64.68M	44.44M
Investing Cash Flow	-447.44M	-154.99M	109.82M	19.50M	3.83M	106.57M
Financing Cash Flow	223.11M	259.84M	-161.78M	-111.65M	-163.53M	-36.86M

Mattr Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 9.14
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MATR, the sentiment is Negative. The current price of 9.14 is above the 20-day moving average (MA) of 8.66, above the 50-day MA of 8.46, and below the 200-day MA of 10.03, indicating a bearish trend. The MACD of -0.10 indicates Positive momentum. The RSI at 41.16 is Neutral, neither overbought nor oversold. The STOCH value of 38.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:MATR.

Mattr Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TOT	79 Outperform	C$707.28M	7.49	10.51%	2.57%	15.58%	47.55%
CEU	75 Outperform	C$3.83B	13.15	22.00%	1.29%	5.79%	-5.08%
TCW	75 Outperform	C$1.47B	10.23	18.06%	3.57%	9.24%	6.35%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
CFW	65 Neutral	C$519.13M	15.42	3.06%	―	-8.13%	-28.00%
NOA	63 Neutral	C$651.53M	8.33	9.34%	2.56%	8.24%	-36.88%
MATR	61 Neutral	C$506.76M	57.57	4.00%	―	27.14%	―

Mattr Corporate Events

Mattr Corp. Reports Strong Q3 Growth, Anticipates Challenging Q4

Mattr Corp. reported a 39% year-over-year revenue growth from continuing operations in the third quarter of 2025, driven by the acquisition of AmerCable, which significantly boosted the Connection Technologies segment’s performance. Despite strong demand and progress in technology development, Mattr anticipates a challenging fourth quarter due to economic weaknesses in key geographies, impacting customer buying behavior and resulting in a more pronounced seasonal revenue dip. The company remains committed to leveraging its differentiated technologies for long-term growth and plans to focus on debt repayment in the near-term.

The most recent analyst rating on (TSE:MATR) stock is a Hold with a C$11.50 price target. To see the full list of analyst forecasts on Mattr stock, see the TSE:MATR Stock Forecast page.