Is Matson, Inc. overvalued or undervalued?

As of 10 October 2025, Matson, Inc. has moved from a fair to attractive valuation grade. The company appears undervalued with a P/E ratio of 7, significantly lower than the industry average, and a PEG ratio of 0.09, indicating strong growth potential relative to its price. Additionally, the EV to EBITDA ratio stands at 4.67, suggesting that the company is trading at a reasonable multiple compared to its earnings before interest, taxes, depreciation, and amortization.
In comparison to its peers, Matson's P/E ratio of 6.73 is notably lower than Frontline Plc's 21.44, which is considered very attractive, and Kirby Corp.'s 15.18, which is classified as very expensive. Despite recent underperformance, with a year-to-date return of -34.70% compared to the S&P 500's 11.41%, the long-term outlook remains positive, as evidenced by a 3-year return of 34.32%, albeit trailing behind the benchmark's 81.39%.