MYR Financials

MYRG Stock  USD 157.77  1.00  0.63%   
Based on the analysis of MYR's profitability, liquidity, and operating efficiency, MYR Group is performing exceptionally good at the present time. It has a great likelihood to report excellent financial results in December. At this time, MYR's Other Current Liabilities is most likely to increase significantly in the upcoming years. The MYR's current Total Current Liabilities is estimated to increase to about 784.6 M, while Other Stockholder Equity is projected to decrease to roughly 129.8 M. Key indicators impacting MYR's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.05290.0557
Notably Down
Slightly volatile
Current Ratio1.841.3734
Significantly Up
Slightly volatile
The financial analysis of MYR is a critical element in measuring its lifeblood. Investors should not minimize MYR's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

95.54 Million

  
Understanding current and past MYR Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of MYR's financial statements are interrelated, with each one affecting the others. For example, an increase in MYR's assets may result in an increase in income on the income statement.

MYR Stock Summary

MYR competes with Comfort Systems, Granite Construction, Dycom Industries, MasTec, and EMCOR. MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. The company was founded in 1891 and is headquartered in Henderson, Colorado. MYR operates under Engineering Construction classification in the United States and is traded on NASDAQ Exchange. It employs 7600 people.
Specialization
Industrials, Engineering & Construction
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS55405W1045
CUSIP55405W104
LocationIllinois; U.S.A
Business Address12121 Grant Street,
SectorConstruction & Engineering
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.myrgroup.com
Phone303 286 8000
CurrencyUSD - US Dollar

MYR Key Financial Ratios

MYR Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.0B995.9M1.1B1.4B1.6B1.7B
Other Current Liab83.1M86.1M106.7M91.3M115.0M120.7M
Net Debt178.0M29.4M(56.6M)23.5M48.7M51.1M
Retained Earnings212.2M270.5M355.0M404.9M492.5M517.2M
Cash12.4M22.7M82.1M51.0M24.9M25.0M
Net Receivables614.0M585.1M620.7M791.4M954.8M1.0B
Other Current Assets12.8M28.9M45.6M47.8M46.5M48.9M
Total Liab643.4M566.6M602.0M838.7M961.3M1.0B
Total Current Assets639.2M636.7M748.4M890.3M1.0B1.1B
Short Term Debt16.1M18.2M16.6M26.8M18.3M15.0M
Accounts Payable192.1M162.6M200.7M315.3M359.4M377.3M
Intangible Assets54.9M51.4M49.1M87.6M83.5M87.7M
Common Stock163K165K166K167K168K149.9K
Good Will56.6M66.1M66.1M115.8M117.0M62.5M
Other Liab72.3M82.4M86.7M113.1M130.0M136.5M
Other Assets34.7M56.6M36.5M37.7M33.8M35.5M
Long Term Debt157.1M25.0M3.5M35.5M29.2M38.5M
Net Tangible Assets243.5M311.9M404.0M356.8M410.3M285.6M
Short Long Term Debt8.7M4.4M1.0M5.1M7.1M6.7M

MYR Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense6.2M4.6M1.8M3.6M4.9M5.2M
Total Revenue2.1B2.2B2.5B3.0B3.6B3.8B
Gross Profit214.2M275.9M325.0M344.0M364.4M382.6M
Operating Income57.2M86.5M118.6M114.9M129.1M135.5M
Ebit57.2M83.7M115.5M112.5M124.9M131.1M
Ebitda97.6M130.2M161.7M170.7M184.0M193.2M
Cost Of Revenue1.9B2.0B2.2B2.7B3.3B3.4B
Income Before Tax50.4M81.4M116.3M114.2M125.0M131.3M
Net Income37.7M58.8M85.0M83.4M91.0M95.5M
Income Tax Expense14.2M22.6M31.3M30.8M34.0M35.7M
Tax Provision14.2M22.6M31.3M30.8M33.8M22.2M
Net Interest Income(6.2M)(4.6M)(1.7M)(3.4M)(3.5M)(3.7M)

MYR Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash4.9M10.3M59.4M(31.1M)(26.1M)(24.8M)
Free Cash Flow7.1M130.8M84.9M90.4M(13.7M)(13.0M)
Depreciation44.5M46.5M46.2M58.2M59.1M62.1M
Other Non Cash Items(2.5M)(862K)(1.2M)(84K)(4.1M)(3.9M)
Capital Expenditures57.8M44.4M52.4M77.1M84.7M89.0M
Net Income36.2M58.8M85.0M83.4M91.0M95.5M
End Period Cash Flow12.4M22.7M82.1M51.0M24.9M26.5M
Change To Inventory(16.3M)(32.3M)55.0M(61.1M)(55.0M)(52.3M)
Net Borrowings74.9M(137.6M)(25.3M)34.5M31.0M32.6M
Change To Netincome5.5M2.2M12.6M17.4M20.0M21.0M
Investments(133.5M)(40.9M)(49.3M)(185.7M)(88.0M)(92.4M)

MYR Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining MYR's current stock value. Our valuation model uses many indicators to compare MYR value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MYR competition to find correlations between indicators driving MYR's intrinsic value. More Info.
MYR Group is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.35  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for MYR Group is roughly  2.87 . At this time, MYR's Return On Equity is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value MYR by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

MYR Group Systematic Risk

MYR's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. MYR volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on MYR Group correlated with the market. If Beta is less than 0 MYR generally moves in the opposite direction as compared to the market. If MYR Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MYR Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MYR is generally in the same direction as the market. If Beta > 1 MYR moves generally in the same direction as, but more than the movement of the benchmark.

MYR Thematic Clasifications

MYR Group is part of several thematic ideas from Farming to Construction. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in MYR Stock are looking for potential investment opportunities by analyzing not only static indicators but also various MYR's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of MYR growth as a starting point in their analysis.

Price Earnings To Growth Ratio

2.89

At this time, MYR's Price Earnings To Growth Ratio is most likely to increase slightly in the upcoming years.

MYR November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of MYR help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of MYR Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of MYR Group based on widely used predictive technical indicators. In general, we focus on analyzing MYR Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MYR's daily price indicators and compare them against related drivers.

Complementary Tools for MYR Stock analysis

When running MYR's price analysis, check to measure MYR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MYR is operating at the current time. Most of MYR's value examination focuses on studying past and present price action to predict the probability of MYR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MYR's price. Additionally, you may evaluate how the addition of MYR to your portfolios can decrease your overall portfolio volatility.
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