MYERS INDUSTRIES INC (MYE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MYE - US6284641098 - Common Stock
18.33 USD
+0.01 (+0.05%)
18.33 USD
0 (0%)
Overall MYE gets a fundamental rating of 5 out of 10. We evaluated MYE against 22 industry peers in the Containers & Packaging industry. MYE has an average financial health and profitability rating. MYE has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year MYE was profitable.
MYE had a positive operating cash flow in the past year.
In the past 5 years MYE has always been profitable.
In the past 5 years MYE always reported a positive cash flow from operatings.
1.2 Ratios
MYE has a Return On Assets (3.23%) which is comparable to the rest of the industry.
MYE's Return On Equity of 9.73% is in line compared to the rest of the industry. MYE outperforms 59.09% of its industry peers.
MYE's Return On Invested Capital of 7.06% is fine compared to the rest of the industry. MYE outperforms 63.64% of its industry peers.
MYE had an Average Return On Invested Capital over the past 3 years of 10.60%. This is above the industry average of 7.62%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.23% | ||
| ROE | 9.73% | ||
| ROIC | 7.06% |
ROA(3y)6.99%
ROA(5y)7.42%
ROE(3y)14.27%
ROE(5y)15.65%
ROIC(3y)10.6%
ROIC(5y)10.33%
1.3 Margins
MYE has a Profit Margin of 3.38%. This is comparable to the rest of the industry: MYE outperforms 45.45% of its industry peers.
In the last couple of years the Profit Margin of MYE has declined.
MYE has a Operating Margin (9.31%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of MYE has grown nicely.
MYE has a better Gross Margin (33.39%) than 86.36% of its industry peers.
MYE's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.31% | ||
| PM (TTM) | 3.38% | ||
| GM | 33.39% |
OM growth 3Y9.38%
OM growth 5Y2.37%
PM growth 3Y-41.94%
PM growth 5Y-28.82%
GM growth 3Y5.11%
GM growth 5Y-0.51%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MYE is creating some value.
MYE has more shares outstanding than it did 1 year ago.
The number of shares outstanding for MYE has been increased compared to 5 years ago.
MYE has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.06 indicates that MYE is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.06, MYE perfoms like the industry average, outperforming 59.09% of the companies in the same industry.
The Debt to FCF ratio of MYE is 5.42, which is a neutral value as it means it would take MYE, 5.42 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 5.42, MYE belongs to the best of the industry, outperforming 95.45% of the companies in the same industry.
MYE has a Debt/Equity ratio of 1.18. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.18, MYE is in line with its industry, outperforming 54.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | 5.42 | ||
| Altman-Z | 2.06 |
ROIC/WACC0.74
WACC9.55%
2.3 Liquidity
A Current Ratio of 1.67 indicates that MYE should not have too much problems paying its short term obligations.
MYE has a Current ratio of 1.67. This is in the better half of the industry: MYE outperforms 77.27% of its industry peers.
A Quick Ratio of 1.09 indicates that MYE should not have too much problems paying its short term obligations.
MYE's Quick ratio of 1.09 is fine compared to the rest of the industry. MYE outperforms 68.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.67 | ||
| Quick Ratio | 1.09 |
3. Growth
3.1 Past
MYE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -14.04%.
Measured over the past 5 years, MYE shows a small growth in Earnings Per Share. The EPS has been growing by 6.20% on average per year.
Looking at the last year, MYE shows a small growth in Revenue. The Revenue has grown by 0.26% in the last year.
Measured over the past years, MYE shows a quite strong growth in Revenue. The Revenue has been growing by 10.15% on average per year.
EPS 1Y (TTM)-14.04%
EPS 3Y2.35%
EPS 5Y6.2%
EPS Q2Q%4%
Revenue 1Y (TTM)0.26%
Revenue growth 3Y3.18%
Revenue growth 5Y10.15%
Sales Q2Q%0.18%
3.2 Future
Based on estimates for the next years, MYE will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.48% on average per year.
The Revenue is expected to decrease by -0.17% on average over the next years.
EPS Next Y-1.91%
EPS Next 2Y19.48%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-1.3%
Revenue Next 2Y-0.17%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 18.70, the valuation of MYE can be described as rather expensive.
The rest of the industry has a similar Price/Earnings ratio as MYE.
MYE is valuated rather cheaply when we compare the Price/Earnings ratio to 26.41, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 12.35, MYE is valued correctly.
63.64% of the companies in the same industry are more expensive than MYE, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 35.40. MYE is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.7 | ||
| Fwd PE | 12.35 |
4.2 Price Multiples
MYE's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. MYE is cheaper than 63.64% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, MYE is valued cheaper than 86.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.07 | ||
| EV/EBITDA | 8.68 |
4.3 Compensation for Growth
MYE has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as MYE's earnings are expected to grow with 19.48% in the coming years.
PEG (NY)N/A
PEG (5Y)3.02
EPS Next 2Y19.48%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.99%, MYE has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.34, MYE pays a bit more dividend than its industry peers.
MYE's Dividend Yield is a higher than the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.99% |
5.2 History
The dividend of MYE has a limited annual growth rate of 0.29%.
MYE has been paying a dividend for at least 10 years, so it has a reliable track record.
MYE has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)0.29%
Div Incr Years0
Div Non Decr Years34
5.3 Sustainability
MYE pays out 74.82% of its income as dividend. This is not a sustainable payout ratio.
The dividend of MYE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP74.82%
EPS Next 2Y19.48%
EPS Next 3YN/A
18.33
+0.01 (+0.05%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)
Earnings (Next)
Inst Owners89.1%
Inst Owner Change1.6%
Ins Owners1.1%
Ins Owner Change0.96%
Market Cap685.73M
Revenue(TTM)825.64M
Net Income(TTM)27.89M
Analysts80
Price Target21.42 (16.86%)
Short Float %2.04%
Short Ratio3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.99% |
Yearly Dividend0.55
Dividend Growth(5Y)0.29%
DP74.82%
Div Incr Years0
Div Non Decr Years34
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.56%
Min EPS beat(2)-4.08%
Max EPS beat(2)2.97%
EPS beat(4)3
Avg EPS beat(4)25.41%
Min EPS beat(4)-4.08%
Max EPS beat(4)88.12%
EPS beat(8)5
Avg EPS beat(8)10.87%
EPS beat(12)7
Avg EPS beat(12)7.19%
EPS beat(16)11
Avg EPS beat(16)11.54%
Revenue beat(2)1
Avg Revenue beat(2)-1.81%
Min Revenue beat(2)-5.94%
Max Revenue beat(2)2.31%
Revenue beat(4)1
Avg Revenue beat(4)-1.31%
Min Revenue beat(4)-5.94%
Max Revenue beat(4)2.31%
Revenue beat(8)1
Avg Revenue beat(8)-4.85%
Revenue beat(12)1
Avg Revenue beat(12)-5.74%
Revenue beat(16)5
Avg Revenue beat(16)-3.02%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-8.7%
EPS NQ rev (3m)-12.5%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.81%
Revenue NQ rev (1m)1.91%
Revenue NQ rev (3m)-0.39%
Revenue NY rev (1m)1.29%
Revenue NY rev (3m)-0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.7 | ||
| Fwd PE | 12.35 | ||
| P/S | 0.83 | ||
| P/FCF | 10.07 | ||
| P/OCF | 7.49 | ||
| P/B | 2.39 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.68 |
EPS(TTM)0.98
EY5.35%
EPS(NY)1.48
Fwd EY8.1%
FCF(TTM)1.82
FCFY9.93%
OCF(TTM)2.45
OCFY13.34%
SpS22.07
BVpS7.66
TBVpS-3.32
PEG (NY)N/A
PEG (5Y)3.02
Graham Number13
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.23% | ||
| ROE | 9.73% | ||
| ROCE | 11.1% | ||
| ROIC | 7.06% | ||
| ROICexc | 7.58% | ||
| ROICexgc | 20.92% | ||
| OM | 9.31% | ||
| PM (TTM) | 3.38% | ||
| GM | 33.39% | ||
| FCFM | 8.25% |
ROA(3y)6.99%
ROA(5y)7.42%
ROE(3y)14.27%
ROE(5y)15.65%
ROIC(3y)10.6%
ROIC(5y)10.33%
ROICexc(3y)11.33%
ROICexc(5y)11.13%
ROICexgc(3y)20.89%
ROICexgc(5y)20.9%
ROCE(3y)16.68%
ROCE(5y)16.25%
ROICexgc growth 3Y2.64%
ROICexgc growth 5Y-7.31%
ROICexc growth 3Y-10.99%
ROICexc growth 5Y-12.2%
OM growth 3Y9.38%
OM growth 5Y2.37%
PM growth 3Y-41.94%
PM growth 5Y-28.82%
GM growth 3Y5.11%
GM growth 5Y-0.51%
F-Score8
Asset Turnover0.96
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | 5.42 | ||
| Debt/EBITDA | 2.92 | ||
| Cap/Depr | 59.55% | ||
| Cap/Sales | 2.83% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 78.82% | ||
| Profit Quality | 244.21% | ||
| Current Ratio | 1.67 | ||
| Quick Ratio | 1.09 | ||
| Altman-Z | 2.06 |
F-Score8
WACC9.55%
ROIC/WACC0.74
Cap/Depr(3y)92.7%
Cap/Depr(5y)85.55%
Cap/Sales(3y)2.81%
Cap/Sales(5y)2.68%
Profit Quality(3y)323.84%
Profit Quality(5y)228.43%
High Growth Momentum
Growth
EPS 1Y (TTM)-14.04%
EPS 3Y2.35%
EPS 5Y6.2%
EPS Q2Q%4%
EPS Next Y-1.91%
EPS Next 2Y19.48%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)0.26%
Revenue growth 3Y3.18%
Revenue growth 5Y10.15%
Sales Q2Q%0.18%
Revenue Next Year-1.3%
Revenue Next 2Y-0.17%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y1.14%
EBIT growth 3Y12.86%
EBIT growth 5Y12.77%
EBIT Next Year54.22%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y2.18%
FCF growth 3Y26.59%
FCF growth 5Y4.5%
OCF growth 1Y-1.23%
OCF growth 3Y20.86%
OCF growth 5Y7.86%
MYERS INDUSTRIES INC / MYE FAQ
Can you provide the ChartMill fundamental rating for MYERS INDUSTRIES INC?
ChartMill assigns a fundamental rating of 5 / 10 to MYE.
Can you provide the valuation status for MYERS INDUSTRIES INC?
ChartMill assigns a valuation rating of 5 / 10 to MYERS INDUSTRIES INC (MYE). This can be considered as Fairly Valued.
What is the profitability of MYE stock?
MYERS INDUSTRIES INC (MYE) has a profitability rating of 6 / 10.
How financially healthy is MYERS INDUSTRIES INC?
The financial health rating of MYERS INDUSTRIES INC (MYE) is 5 / 10.
Can you provide the expected EPS growth for MYE stock?
The Earnings per Share (EPS) of MYERS INDUSTRIES INC (MYE) is expected to decline by -1.91% in the next year.