MYERS INDUSTRIES INC (MYE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MYE - US6284641098 - Common Stock
19.26 USD
0 (0%)
19.26 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to MYE. MYE was compared to 22 industry peers in the Containers & Packaging industry. MYE has only an average score on both its financial health and profitability. 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.
MYE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MYE has a Return On Assets (3.23%) which is comparable to the rest of the industry.
With a Return On Equity value of 9.73%, MYE perfoms like the industry average, outperforming 59.09% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 7.06%, MYE is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for MYE 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
Looking at the Profit Margin, with a value of 3.38%, MYE is in line with its industry, outperforming 45.45% of the companies in the same industry.
In the last couple of years the Profit Margin of MYE has declined.
MYE's Operating Margin of 9.31% is in line compared to the rest of the industry. MYE outperforms 59.09% of its industry peers.
In the last couple of years the Operating Margin of MYE has grown nicely.
MYE's Gross Margin of 33.39% is amongst the best of the industry. MYE outperforms 86.36% of its industry peers.
In the last couple of years the Gross Margin of MYE has remained more or less at the same level.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MYE is still creating some value.
MYE has more shares outstanding than it did 1 year ago.
MYE has more shares outstanding than it did 5 years ago.
The debt/assets ratio for MYE is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.09 indicates that MYE is not a great score, but indicates only limited risk for bankruptcy at the moment.
MYE has a Altman-Z score of 2.09. This is in the better half of the industry: MYE outperforms 63.64% of its industry peers.
MYE has a debt to FCF ratio of 5.42. This is a neutral value as MYE would need 5.42 years to pay back of all of its debts.
The Debt to FCF ratio of MYE (5.42) is better than 95.45% of its industry peers.
MYE has a Debt/Equity ratio of 1.18. This is a high value indicating a heavy dependency on external financing.
MYE has a Debt to Equity ratio (1.18) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | 5.42 | ||
| Altman-Z | 2.09 |
ROIC/WACC0.75
WACC9.46%
2.3 Liquidity
MYE has a Current Ratio of 1.67. This is a normal value and indicates that MYE is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.67, MYE is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
A Quick Ratio of 1.09 indicates that MYE should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.09, MYE is doing good in the industry, outperforming 63.64% of the companies in the same industry.
| 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%.
The Earnings Per Share has been growing slightly by 6.20% on average over the past years.
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
MYE is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.48% yearly.
MYE is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.17% yearly.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 19.65, the valuation of MYE can be described as rather expensive.
The rest of the industry has a similar Price/Earnings ratio as MYE.
MYE's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.61.
MYE is valuated correctly with a Price/Forward Earnings ratio of 12.97.
MYE's Price/Forward Earnings ratio is in line with the industry average.
MYE is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.01, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.65 | ||
| Fwd PE | 12.97 |
4.2 Price Multiples
63.64% of the companies in the same industry are more expensive than MYE, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MYE indicates a rather cheap valuation: MYE is cheaper than 90.91% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.58 | ||
| EV/EBITDA | 8.98 |
4.3 Compensation for Growth
MYE has a very decent profitability rating, which may justify a higher PE ratio.
MYE's earnings are expected to grow with 19.48% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)3.17
EPS Next 2Y19.48%
EPS Next 3YN/A
5. Dividend
5.1 Amount
MYE has a Yearly Dividend Yield of 2.78%.
MYE's Dividend Yield is a higher than the industry average which is at 2.49.
MYE's Dividend Yield is a higher than the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.78% |
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 their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)0.29%
Div Incr Years0
Div Non Decr Years34
5.3 Sustainability
74.82% of the earnings are spent on dividend by MYE. This is not a sustainable payout ratio.
MYE's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP74.82%
EPS Next 2Y19.48%
EPS Next 3YN/A
19.26
0 (0%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)
Earnings (Next)
Inst Owners90.89%
Inst Owner Change1.6%
Ins Owners1.14%
Ins Owner Change0.96%
Market Cap720.52M
Revenue(TTM)825.64M
Net Income(TTM)27.89M
Analysts80
Price Target21.42 (11.21%)
Short Float %1.73%
Short Ratio2.44
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.78% |
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)0%
EPS NQ rev (3m)-12.5%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.81%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.39%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.65 | ||
| Fwd PE | 12.97 | ||
| P/S | 0.87 | ||
| P/FCF | 10.58 | ||
| P/OCF | 7.88 | ||
| P/B | 2.51 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.98 |
EPS(TTM)0.98
EY5.09%
EPS(NY)1.48
Fwd EY7.71%
FCF(TTM)1.82
FCFY9.45%
OCF(TTM)2.45
OCFY12.7%
SpS22.07
BVpS7.66
TBVpS-3.32
PEG (NY)N/A
PEG (5Y)3.17
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 | 2.09 |
F-Score8
WACC9.46%
ROIC/WACC0.75
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 Year51.2%
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.