WallStSmart

Matson Inc (MATX)vsIntercont (Cayman) Limited Ordinary shares (NCT)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Matson Inc generates 13206% more annual revenue ($3.34B vs $25.14M). MATX leads profitability with a 13.3% profit margin vs 12.3%. NCT trades at a lower P/E of 1.1x. MATX earns a higher WallStSmart Score of 64/100 (C+).

MATX

Buy

64

out of 100

Grade: C+

Growth: 4.0Profit: 7.0Value: 10.0Quality: 6.5
Piotroski: 4/9Altman Z: 2.67

NCT

Buy

60

out of 100

Grade: C

Growth: 4.7Profit: 7.0Value: 8.3Quality: 4.5
Piotroski: 3/9Altman Z: 0.45
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

MATXUndervalued (+71.3%)

Margin of Safety

+71.3%

Fair Value

$566.82

Current Price

$164.30

$402.52 discount

UndervaluedFair: $566.82Overvalued
NCTUndervalued (+95.4%)

Margin of Safety

+95.4%

Fair Value

$4.68

Current Price

$0.10

$4.58 discount

UndervaluedFair: $4.68Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

MATX4 strengths · Avg: 8.8/10
P/E RatioValuation
11.8x10/10

Attractively priced relative to earnings

Debt/EquityHealth
0.279/10

Conservative balance sheet, low leverage

Price/BookValuation
1.8x8/10

Reasonable price relative to book value

EPS GrowthGrowth
21.2%8/10

Earnings expanding 21.2% YoY

NCT4 strengths · Avg: 9.0/10
P/E RatioValuation
1.1x10/10

Attractively priced relative to earnings

Price/BookValuation
0.1x10/10

Reasonable price relative to book value

Operating MarginProfitability
23.6%8/10

Strong operational efficiency at 23.6%

EPS GrowthGrowth
36.0%8/10

Earnings expanding 36.0% YoY

Areas to Watch

MATX2 concerns · Avg: 3.0/10
PEG RatioValuation
2.014/10

Expensive relative to growth rate

Revenue GrowthGrowth
-4.3%2/10

Revenue declined 4.3%

NCT4 concerns · Avg: 2.8/10
Market CapQuality
$3.36M3/10

Smaller company, higher risk/reward

Debt/EquityHealth
1.693/10

Elevated debt levels

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Revenue GrowthGrowth
-10.7%2/10

Revenue declined 10.7%

Comparative Analysis Report

WallStSmart Research

Bull Case : MATX

The strongest argument for MATX centers on P/E Ratio, Debt/Equity, Price/Book.

Bull Case : NCT

The strongest argument for NCT centers on P/E Ratio, Price/Book, Operating Margin.

Bear Case : MATX

The primary concerns for MATX are PEG Ratio, Revenue Growth.

Bear Case : NCT

The primary concerns for NCT are Market Cap, Debt/Equity, Piotroski F-Score. Debt-to-equity of 1.69 is elevated, increasing financial risk.

Key Dynamics to Monitor

MATX is growing revenue faster at -4.3% — sustainability is the question.

MATX generates stronger free cash flow (88M), providing more financial flexibility.

Monitor MARINE SHIPPING industry trends, competitive dynamics, and regulatory changes.

Bottom Line

MATX scores higher overall (64/100 vs 60/100). NCT offers better value entry with a 95.4% margin of safety. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Matson Inc

INDUSTRIALS · MARINE SHIPPING · USA

Matson, Inc. provides logistics and shipping services. The company is headquartered in Honolulu, Hawaii.

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Intercont (Cayman) Limited Ordinary shares

INDUSTRIALS · MARINE SHIPPING · USA

Newcastle Investment Corp. The company is headquartered in New York, New York.

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