Why MYR GROUP INC/DELAWARE (NASDAQ:MYRG) should be investigated by quality investors.

Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if MYR GROUP INC/DELAWARE (NASDAQ:MYRG) is suited for quality investing. Investors should of couse do their own research, but we spotted MYR GROUP INC/DELAWARE showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.

Some of the quality metrics of NASDAQ:MYRG highlighted

• The 5-year revenue growth of MYR GROUP INC/DELAWARE has been remarkable, with 16.48% increase. This showcases the company's strong performance in driving revenue growth and indicates its competitiveness within the market.
• MYR GROUP INC/DELAWARE demonstrates impressive performance in terms of ROIC excluding cash and goodwill, with a 15.83% ratio. This highlights the company's efficient utilization of capital and its focus on maximizing returns for investors.
• With a favorable Debt/Free Cash Flow Ratio of 1.38, MYR GROUP INC/DELAWARE showcases its sound financial discipline and cash flow management. This ratio indicates the company's ability to service its debt obligations while maintaining sufficient free cash flow for future investments or operational needs.
• MYR GROUP INC/DELAWARE demonstrates consistent Profit Quality over the past 5 years, with a strong 112.0%. This indicates the company's ability to generate sustainable and reliable profits, showcasing its long-term profitability and financial stability.
• With a robust 5-year EBIT growth of 34.15%, MYR GROUP INC/DELAWARE showcases its ability to consistently expand its operating profitability. This trend indicates the company's effective cost management and revenue generation strategies.
• MYR GROUP INC/DELAWARE has achieved impressive EBIT 5-year growth, surpassing its Revenue 5-year growth. This indicates the company's ability to improve its profitability and operational efficiency, highlighting its strong financial performance.

Fundamental Analysis Observations

Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.

We assign a fundamental rating of 6 out of 10 to MYRG. MYRG was compared to 38 industry peers in the Construction & Engineering industry. Both the health and profitability get an excellent rating, making MYRG a very profitable company, without any liquidiy or solvency issues. MYRG is not overvalued while it is showing excellent growth. This is an interesting combination. With these ratings, MYRG could be worth investigating further for growth and quality investing!.

Check the latest full fundamental report of MYRG for a complete fundamental analysis.

More ideas for quality investing can be found on ChartMill in our Caviar Cruise screen.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.