Myers Industries Stock Fundamentals
| MYE Stock | USD 12.78 0.34 2.73% |
Myers Industries fundamentals help investors to digest information that contributes to Myers Industries' financial success or failures. It also enables traders to predict the movement of Myers Stock. The fundamental analysis module provides a way to measure Myers Industries' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Myers Industries stock.
At present, Myers Industries' EBIT is projected to increase significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 63.9 M, whereas Total Revenue is forecasted to decline to about 594.4 M. Myers | Select Account or Indicator |
Myers Industries Company Return On Asset Analysis
Myers Industries' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Myers Industries Return On Asset | 0.0688 |
Most of Myers Industries' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Myers Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, Myers Industries has a Return On Asset of 0.0688. This is 93.69% lower than that of the Containers & Packaging sector and 90.83% lower than that of the Materials industry. The return on asset for all United States stocks is 149.14% lower than that of the firm.
Myers Industries Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Myers Industries's current stock value. Our valuation model uses many indicators to compare Myers Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Myers Industries competition to find correlations between indicators driving Myers Industries's intrinsic value. More Info.Myers Industries is rated below average in return on equity category among its peers. It is regarded fifth in return on asset category among its peers reporting about 2.72 of Return On Asset per Return On Equity. At present, Myers Industries' Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Myers Industries 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.Myers Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Myers Industries' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Myers Industries could also be used in its relative valuation, which is a method of valuing Myers Industries by comparing valuation metrics of similar companies.Myers Industries is currently under evaluation in return on asset category among its peers.
Myers Industries Current Valuation Drivers
We derive many important indicators used in calculating different scores of Myers Industries from analyzing Myers Industries' financial statements. These drivers represent accounts that assess Myers Industries' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Myers Industries' important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 743.6M | 723.1M | 798.4M | 410.0M | 369.0M | 295.3M | |
| Enterprise Value | 811.0M | 835.5M | 907.6M | 791.7M | 712.5M | 384.6M |
Myers Industries ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Myers Industries' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Myers Industries' managers, analysts, and investors.Environmental | Governance | Social |
Myers Fundamentals
| Return On Equity | 0.0253 | ||||
| Return On Asset | 0.0688 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.10 % | ||||
| Current Valuation | 859.04 M | ||||
| Shares Outstanding | 37.3 M | ||||
| Shares Owned By Insiders | 1.76 % | ||||
| Shares Owned By Institutions | 90.98 % | ||||
| Number Of Shares Shorted | 762.1 K | ||||
| Price To Earning | 22.20 X | ||||
| Price To Book | 1.72 X | ||||
| Price To Sales | 0.56 X | ||||
| Revenue | 836.28 M | ||||
| Gross Profit | 275.26 M | ||||
| EBITDA | 44.48 M | ||||
| Net Income | 7.2 M | ||||
| Cash And Equivalents | 22.43 M | ||||
| Cash Per Share | 0.62 X | ||||
| Total Debt | 413.87 M | ||||
| Debt To Equity | 0.60 % | ||||
| Current Ratio | 1.72 X | ||||
| Book Value Per Share | 7.45 X | ||||
| Cash Flow From Operations | 79.29 M | ||||
| Short Ratio | 2.70 X | ||||
| Earnings Per Share | 0.19 X | ||||
| Price To Earnings To Growth | 14.87 X | ||||
| Target Price | 22.0 | ||||
| Number Of Employees | 2.7 K | ||||
| Beta | 1.23 | ||||
| Market Capitalization | 468.81 M | ||||
| Total Asset | 860.82 M | ||||
| Retained Earnings | (48.46 M) | ||||
| Working Capital | 112.19 M | ||||
| Current Asset | 154.31 M | ||||
| Current Liabilities | 116.81 M | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 2.99 % | ||||
| Net Asset | 860.82 M | ||||
| Last Dividend Paid | 0.54 |
About Myers Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Myers Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Myers Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Myers Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 6.8 M | 10.3 M | |
| Total Revenue | 836.3 M | 594.4 M | |
| Cost Of Revenue | 565.5 M | 415.5 M | |
| Sales General And Administrative To Revenue | 0.21 | 0.11 | |
| Capex To Revenue | 0.03 | 0.05 | |
| Revenue Per Share | 22.52 | 12.74 | |
| Ebit Per Revenue | 0.05 | 0.08 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Myers Industries is a strong investment it is important to analyze Myers Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Myers Industries' future performance. For an informed investment choice regarding Myers Stock, refer to the following important reports:Check out Myers Industries Piotroski F Score and Myers Industries Altman Z Score analysis. For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Metal, Glass & Plastic Containers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Myers Industries. If investors know Myers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Myers Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.68) | Dividend Share 0.54 | Earnings Share 0.19 | Revenue Per Share | Quarterly Revenue Growth 0.067 |
The market value of Myers Industries is measured differently than its book value, which is the value of Myers that is recorded on the company's balance sheet. Investors also form their own opinion of Myers Industries' value that differs from its market value or its book value, called intrinsic value, which is Myers Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Myers Industries' market value can be influenced by many factors that don't directly affect Myers Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Myers Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Myers Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myers Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.