Myers Industries Statistics
Total Valuation
MYE has a market cap or net worth of $539.90 million. The enterprise value is $950.76 million.
| Market Cap | 539.90M |
| Enterprise Value | 950.76M |
Important Dates
The next confirmed earnings date is Thursday, August 1, 2024, before market open.
| Earnings Date | Aug 1, 2024 |
| Ex-Dividend Date | Jun 18, 2024 |
Share Statistics
MYE has 37.18 million shares outstanding. The number of shares has increased by 0.83% in one year.
| Shares Outstanding | 37.18M |
| Shares Change (YoY) | +0.83% |
| Shares Change (QoQ) | +0.08% |
| Owned by Insiders (%) | 1.64% |
| Owned by Institutions (%) | 92.17% |
| Float | 36.54M |
Valuation Ratios
The trailing PE ratio is 13.70 and the forward PE ratio is 10.27. MYE's PEG ratio is 14.87.
| PE Ratio | 13.70 |
| Forward PE | 10.27 |
| PS Ratio | 0.67 |
| Forward PS | 0.57 |
| PB Ratio | 1.85 |
| P/FCF Ratio | 8.78 |
| PEG Ratio | 14.87 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 10.56, with an EV/FCF ratio of 15.46.
| EV / Earnings | 24.13 |
| EV / Sales | 1.18 |
| EV / EBITDA | 10.56 |
| EV / EBIT | 14.78 |
| EV / FCF | 15.46 |
Financial Position
The company has a current ratio of 1.75, with a Debt / Equity ratio of 1.52.
| Current Ratio | 1.75 |
| Quick Ratio | 1.06 |
| Debt / Equity | 1.52 |
| Debt / EBITDA | 4.93 |
| Debt / FCF | 7.21 |
| Interest Coverage | 5.97 |
Financial Efficiency
Return on equity (ROE) is 13.80% and return on invested capital (ROIC) is 6.44%.
| Return on Equity (ROE) | 13.80% |
| Return on Assets (ROA) | 6.10% |
| Return on Capital (ROIC) | 6.44% |
| Revenue Per Employee | $321,772 |
| Profits Per Employee | $15,758 |
| Employee Count | 2,500 |
| Asset Turnover | 1.26 |
| Inventory Turnover | 5.33 |
Taxes
In the past 12 months, MYE has paid $14.15 million in taxes.
| Income Tax | 14.15M |
| Effective Tax Rate | 26.43% |
Stock Price Statistics
The stock price has decreased by -26.41% in the last 52 weeks. The beta is 1.22, so MYE's price volatility has been higher than the market average.
| Beta (5Y) | 1.22 |
| 52-Week Price Change | -26.41% |
| 50-Day Moving Average | 14.92 |
| 200-Day Moving Average | 18.24 |
| Relative Strength Index (RSI) | 53.00 |
| Average Volume (20 Days) | 338,090 |
Short Selling Information
The latest short interest is 692,066, so 1.86% of the outstanding shares have been sold short.
| Short Interest | 692,066 |
| Short Previous Month | 563,553 |
| Short % of Shares Out | 1.86% |
| Short % of Float | 1.89% |
| Short Ratio (days to cover) | 2.12 |
Income Statement
In the last 12 months, MYE had revenue of $804.43 million and earned $39.39 million in profits. Earnings per share was $1.06.
| Revenue | 804.43M |
| Gross Profit | 252.29M |
| Operating Income | 64.33M |
| Pretax Income | 53.55M |
| Net Income | 39.39M |
| EBITDA | 89.99M |
| EBIT | 64.33M |
| Earnings Per Share (EPS) | $1.06 |
Balance Sheet
The company has $32.73 million in cash and $443.59 million in debt, giving a net cash position of -$410.86 million or -$11.05 per share.
| Cash & Cash Equivalents | 32.73M |
| Total Debt | 443.59M |
| Net Cash | -410.86M |
| Net Cash Per Share | -$11.05 |
| Equity (Book Value) | 291.65M |
| Book Value Per Share | 7.84 |
| Working Capital | 121.50M |
Cash Flow
In the last 12 months, operating cash flow was $80.66 million and capital expenditures -$19.17 million, giving a free cash flow of $61.49 million.
| Operating Cash Flow | 80.66M |
| Capital Expenditures | -19.17M |
| Free Cash Flow | 61.49M |
| FCF Per Share | $1.67 |
Margins
Gross margin is 31.36%, with operating and profit margins of 8.00% and 4.90%.
| Gross Margin | 31.36% |
| Operating Margin | 8.00% |
| Pretax Margin | 6.66% |
| Profit Margin | 4.90% |
| EBITDA Margin | 11.19% |
| EBIT Margin | 8.00% |
| FCF Margin | 7.64% |
Dividends & Yields
This stock pays an annual dividend of $0.54, which amounts to a dividend yield of 3.72%.
| Dividend Per Share | $0.54 |
| Dividend Yield | 3.72% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 50.94% |
| Buyback Yield | -0.83% |
| Shareholder Yield | 2.89% |
| Earnings Yield | 7.30% |
| FCF Yield | 11.39% |
Analyst Forecast
The average price target for MYE is $30.00, which is 106.61% higher than the current price. The consensus rating is "Buy".
| Price Target | $30.00 |
| Price Target Difference | 106.61% |
| Analyst Consensus | Buy |
| Analyst Count | 1 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on August 11, 2004. It was a forward split with a ratio of 11:10.
| Last Split Date | Aug 11, 2004 |
| Split Type | Forward |
| Split Ratio | 11:10 |
Scores
MYE has an Altman Z-Score of 1.67 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.67 |
| Piotroski F-Score | 5 |