Myers Industries, Inc. (MYE)
Total Valuation
MYE has a market cap or net worth of $854.23 million. The enterprise value is $919.43 million.
Market Cap | 854.23M |
Enterprise Value | 919.43M |
Important Dates
The last earnings date was Tuesday, March 5, 2024, before market open.
Earnings Date | Mar 5, 2024 |
Ex-Dividend Date | Mar 14, 2024 |
Share Statistics
MYE has 36.87 million shares outstanding. The number of shares has increased by 0.93% in one year.
Shares Outstanding | 36.87M |
Shares Change (YoY) | +0.93% |
Shares Change (QoQ) | +0.08% |
Owned by Insiders (%) | 1.54% |
Owned by Institutions (%) | 91.80% |
Float | 36.26M |
Valuation Ratios
The trailing PE ratio is 17.55 and the forward PE ratio is 16.74. MYE's PEG ratio is 14.87.
PE Ratio | 17.55 |
Forward PE | 16.74 |
PS Ratio | 1.05 |
Forward PS | 0.89 |
PB Ratio | 2.92 |
P/FCF Ratio | 13.44 |
PEG Ratio | 14.87 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 9.66, with an EV/FCF ratio of 14.46.
EV / Earnings | 18.81 |
EV / Sales | 1.13 |
EV / EBITDA | 9.66 |
EV / EBIT | 12.70 |
EV / FCF | 14.46 |
Financial Position
The company has a current ratio of 1.55, with a Debt / Equity ratio of 0.33.
Current Ratio | 1.55 |
Quick Ratio | 0.96 |
Debt / Equity | 0.33 |
Debt / EBITDA | 1.00 |
Debt / FCF | 1.50 |
Interest Coverage | 11.40 |
Financial Efficiency
Return on equity (ROE) is 17.50% and return on invested capital (ROIC) is 13.79%.
Return on Equity (ROE) | 17.50% |
Return on Assets (ROA) | 9.00% |
Return on Capital (ROIC) | 13.79% |
Revenue Per Employee | $325,227 |
Profits Per Employee | $19,547 |
Employee Count | 2,500 |
Asset Turnover | 1.50 |
Inventory Turnover | 6.02 |
Taxes
In the past 12 months, MYE has paid $17.19 million in taxes.
Income Tax | 17.19M |
Effective Tax Rate | 26.02% |
Stock Price Statistics
The stock price has increased by +8.22% in the last 52 weeks. The beta is 1.30, so MYE's price volatility has been higher than the market average.
Beta (1Y) | 1.30 |
52-Week Price Change | +8.22% |
50-Day Moving Average | 20.00 |
200-Day Moving Average | 18.84 |
Relative Strength Index (RSI) | 76.59 |
Average Volume (30 Days) | 277,814 |
Short Selling Information
The latest short interest is 801,958, so 2.18% of the outstanding shares have been sold short.
Short Interest | 801,958 |
Short Previous Month | 493,765 |
Short % of Shares Out | 2.18% |
Short % of Float | 2.21% |
Short Ratio (days to cover) | 2.18 |
Income Statement
In the last 12 months, MYE had revenue of $813.07 million and earned $48.87 million in profits. Earnings per share was $1.32.
Revenue | 813.07M |
Gross Profit | 259.09M |
Operating Income | 72.41M |
Pretax Income | 66.06M |
Net Income | 48.87M |
EBITDA | 95.19M |
EBIT | 72.41M |
Earnings Per Share (EPS) | $1.32 |
Balance Sheet
The company has $30.29 million in cash and $95.49 million in debt, giving a net cash position of -$65.20 million or -$1.77 per share.
Cash & Cash Equivalents | 30.29M |
Total Debt | 95.49M |
Net Cash | -65.20M |
Net Cash Per Share | -$1.77 |
Equity / Book Value | 292.80M |
Book Value Per Share | 7.94 |
Working Capital | 91.51M |
Cash Flow
In the last 12 months, operating cash flow was $86.17 million and capital expenditures -$22.60 million, giving a free cash flow of $63.58 million.
Operating Cash Flow | 86.17M |
Capital Expenditures | -22.60M |
Free Cash Flow | 63.58M |
FCF Per Share | $1.73 |
Margins
Gross margin is 31.87%, with operating and profit margins of 8.91% and 6.01%.
Gross Margin | 31.87% |
Operating Margin | 8.91% |
Pretax Margin | 8.12% |
Profit Margin | 6.01% |
EBITDA Margin | 11.71% |
EBIT Margin | 8.91% |
FCF Margin | 7.82% |
Dividends & Yields
This stock pays an annual dividend of $0.54, which amounts to a dividend yield of 2.33%.
Dividend Per Share | $0.54 |
Dividend Yield | 2.33% |
Dividend Growth (YoY) | n/a |
Years of Dividend Growth | n/a |
Payout Ratio | 40.91% |
Buyback Yield | -0.93% |
Shareholder Yield | 1.40% |
Earnings Yield | 5.72% |
FCF Yield | 7.44% |
Analyst Forecast
The average price target for MYE is $30.00, which is 29.48% higher than the current price. The consensus rating is "Buy".
Price Target | $30.00 |
Price Target Difference | 29.48% |
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 4.11 and a Piotroski F-Score of 6.
Altman Z-Score | 4.11 |
Piotroski F-Score | 6 |