Myers Industries Stock Total Asset
MYE Stock | USD 11.60 0.15 1.31% |
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.
Last Reported | Projected for Next Year | ||
Total Assets | 541.6 M | 431.3 M | |
Intangibles To Total Assets | 0.26 | 0.18 |
Myers | Total Asset |
Myers Industries Company Total Asset Analysis
Myers Industries' Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Myers Industries Total Asset | 541.63 M |
Most of Myers Industries' fundamental indicators, such as Total 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.
Myers Total Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Myers Industries is extremely important. It helps to project a fair market value of Myers Stock properly, considering its historical fundamentals such as Total Asset. Since Myers Industries' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Myers Industries' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Myers Industries' interrelated accounts and indicators.
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Myers Total Asset Historical Pattern
Today, most investors in Myers Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Myers Industries' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Myers Industries total asset as a starting point in their analysis.
Myers Industries Total Asset |
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Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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Myers Total Assets
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Based on the latest financial disclosure, Myers Industries has a Total Asset of 541.63 M. This is 99.56% lower than that of the Containers & Packaging sector and 92.95% lower than that of the Materials industry. The total asset for all United States stocks is 98.16% higher than that of the company.
Myers Total 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 Total 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 total asset category among its peers.
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 Industries Institutional Holders
Institutional Holdings refers to the ownership stake in Myers Industries that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Myers Industries' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Myers Industries' value.Shares | Geode Capital Management, Llc | 2024-09-30 | 832.4 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 737.1 K | Hotchkis & Wiley Capital Management Llc | 2024-09-30 | 624 K | Bank Of New York Mellon Corp | 2024-06-30 | 494 K | American Century Companies Inc | 2024-09-30 | 472 K | Charles Schwab Investment Management Inc | 2024-09-30 | 445.5 K | Teton Advisors Inc | 2024-09-30 | 415 K | Northern Trust Corp | 2024-09-30 | 373.9 K | Wellington Management Company Llp | 2024-06-30 | 316.3 K | Blackrock Inc | 2024-06-30 | 5.7 M | Gamco Investors, Inc. Et Al | 2024-09-30 | 3.3 M |
Myers Fundamentals
Return On Equity | 0.0554 | ||||
Return On Asset | 0.0547 | ||||
Profit Margin | 0.02 % | ||||
Operating Margin | 0.08 % | ||||
Current Valuation | 828.91 M | ||||
Shares Outstanding | 37.26 M | ||||
Shares Owned By Insiders | 1.72 % | ||||
Shares Owned By Institutions | 93.21 % | ||||
Number Of Shares Shorted | 1.12 M | ||||
Price To Earning | 22.20 X | ||||
Price To Book | 1.57 X | ||||
Price To Sales | 0.52 X | ||||
Revenue | 813.07 M | ||||
Gross Profit | 284.07 M | ||||
EBITDA | 95.19 M | ||||
Net Income | 48.87 M | ||||
Cash And Equivalents | 22.43 M | ||||
Cash Per Share | 0.62 X | ||||
Total Debt | 95.49 M | ||||
Debt To Equity | 0.60 % | ||||
Current Ratio | 1.72 X | ||||
Book Value Per Share | 7.40 X | ||||
Cash Flow From Operations | 86.17 M | ||||
Short Ratio | 4.08 X | ||||
Earnings Per Share | 0.42 X | ||||
Price To Earnings To Growth | 14.87 X | ||||
Target Price | 22.0 | ||||
Number Of Employees | 2.5 K | ||||
Beta | 1.25 | ||||
Market Capitalization | 432.21 M | ||||
Total Asset | 541.63 M | ||||
Retained Earnings | (35.52 M) | ||||
Working Capital | 91.51 M | ||||
Current Asset | 154.31 M | ||||
Current Liabilities | 116.81 M | ||||
Annual Yield | 0.05 % | ||||
Five Year Return | 2.99 % | ||||
Net Asset | 541.63 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.
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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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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 (0.04) | Dividend Share 0.54 | Earnings Share 0.42 | Revenue Per Share 22.234 | Quarterly Revenue Growth 0.037 |
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.