What is Matson, Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Matson, Inc.'s reported free cash flow gives $92.08 per share. The share price was $224.66 on September 25, 2026, 144% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 2.0% | 10.0% | $53.97 | -76% |
| Base | 7.0% | 9.0% | $92.08 | -59% |
| Bull | 12.0% | 8.0% | $163.22 | -27% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $119.69 | $128.14 | $138.47 | $151.38 | $167.98 |
| 8.0% | $99.07 | $104.55 | $111.03 | $118.80 | $128.30 |
| 9.0% | $84.01 | $87.76 | $92.08 | $97.12 | $103.08 |
| 10.0% | $72.54 | $75.21 | $78.23 | $81.68 | $85.66 |
| 11.0% | $63.53 | $65.48 | $67.67 | $70.12 | $72.91 |
Where the presets come from
Base: years 1 to 5 grow at Matson, Inc.'s revenue growth rate over the last 5 fiscal years (7.0% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions