MYERS INDUSTRIES INC (MYE) Stock Fundamental Analysis
USA - NYSE:MYE - US6284641098 - Common Stock
17.57 USD
-0.52 (-2.87%)
17.57 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 an average financial health and profitability rating. MYE is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
MYE had positive earnings in the past year.
In the past year MYE had a positive cash flow from operations.
Each year in the past 5 years MYE has been profitable.
In the past 5 years MYE always reported a positive cash flow from operatings.
1.2 Ratios
MYE's Return On Assets of 1.14% is on the low side compared to the rest of the industry. MYE is outperformed by 63.64% of its industry peers.
MYE's Return On Equity of 3.45% is on the low side compared to the rest of the industry. MYE is outperformed by 63.64% of its industry peers.
With a decent Return On Invested Capital value of 6.70%, MYE is doing good in the industry, outperforming 68.18% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for MYE is above the industry average of 7.60%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.14% | ||
| ROE | 3.45% | ||
| ROIC | 6.7% |
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
With a Profit Margin value of 1.19%, MYE is not doing good in the industry: 63.64% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of MYE has declined.
The Operating Margin of MYE (9.03%) is comparable to the rest of the industry.
MYE's Operating Margin has improved in the last couple of years.
MYE's Gross Margin of 32.86% is amongst the best of the industry. MYE outperforms 90.91% 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 | 9.03% | ||
| PM (TTM) | 1.19% | ||
| GM | 32.86% |
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.
Compared to 1 year ago, MYE has more shares outstanding
Compared to 5 years ago, MYE has more shares outstanding
The debt/assets ratio for MYE is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.02 indicates that MYE is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.02, MYE is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
The Debt to FCF ratio of MYE is 6.70, which is on the high side as it means it would take MYE, 6.70 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.70, MYE belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
A Debt/Equity ratio of 1.24 is on the high side and indicates that MYE has dependencies on debt financing.
With a Debt to Equity ratio value of 1.24, MYE perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.24 | ||
| Debt/FCF | 6.7 | ||
| Altman-Z | 2.02 |
ROIC/WACC0.71
WACC9.48%
2.3 Liquidity
A Current Ratio of 1.77 indicates that MYE should not have too much problems paying its short term obligations.
MYE has a Current ratio of 1.77. This is in the better half of the industry: MYE outperforms 77.27% of its industry peers.
MYE has a Quick Ratio of 1.12. This is a normal value and indicates that MYE is financially healthy and should not expect problems in meeting its short term obligations.
MYE has a better Quick ratio (1.12) than 68.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.77 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
The earnings per share for MYE have decreased strongly by -14.04% in the last year.
MYE shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.20% yearly.
MYE shows a small growth in Revenue. In the last year, the Revenue has grown by 2.86%.
MYE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.15% yearly.
EPS 1Y (TTM)-14.04%
EPS 3Y2.35%
EPS 5Y6.2%
EPS Q2Q%4%
Revenue 1Y (TTM)2.86%
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
With a Price/Earnings ratio of 17.93, MYE is valued on the expensive side.
MYE's Price/Earnings ratio is in line with the industry average.
MYE is valuated rather cheaply when we compare the Price/Earnings ratio to 26.03, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 11.83, which indicates a very decent valuation of MYE.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MYE indicates a somewhat cheap valuation: MYE is cheaper than 63.64% of the companies listed in the same industry.
MYE's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.93 | ||
| Fwd PE | 11.83 |
4.2 Price Multiples
MYE's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MYE indicates a rather cheap valuation: MYE is cheaper than 81.82% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.61 | ||
| EV/EBITDA | 8.72 |
4.3 Compensation for Growth
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)2.89
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 3.54, MYE pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, MYE pays a bit more dividend than the S&P500 average.
| 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 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
MYE pays out 212.25% of its income as dividend. This is not a sustainable payout ratio.
MYE's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP212.25%
EPS Next 2Y19.48%
EPS Next 3YN/A
17.57
-0.52 (-2.87%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)
Earnings (Next)
Inst Owners89.1%
Inst Owner Change-0.85%
Ins Owners1.1%
Ins Owner Change3.53%
Market Cap657.29M
Revenue(TTM)836.28M
Net Income(TTM)9.81M
Analysts80
Price Target21.42 (21.91%)
Short Float %1.91%
Short Ratio3.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.99% |
Yearly Dividend0.55
Dividend Growth(5Y)0.29%
DP212.25%
Div Incr Years0
Div Non Decr Years34
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.28%
Min EPS beat(2)-4.08%
Max EPS beat(2)14.64%
EPS beat(4)2
Avg EPS beat(4)21.01%
Min EPS beat(4)-14.65%
Max EPS beat(4)88.12%
EPS beat(8)4
Avg EPS beat(8)8.81%
EPS beat(12)7
Avg EPS beat(12)9.01%
EPS beat(16)10
Avg EPS beat(16)10.58%
Revenue beat(2)0
Avg Revenue beat(2)-3.48%
Min Revenue beat(2)-5.94%
Max Revenue beat(2)-1.01%
Revenue beat(4)0
Avg Revenue beat(4)-3.77%
Min Revenue beat(4)-7.5%
Max Revenue beat(4)-0.61%
Revenue beat(8)0
Avg Revenue beat(8)-6.55%
Revenue beat(12)1
Avg Revenue beat(12)-5.9%
Revenue beat(16)5
Avg Revenue beat(16)-3.13%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-10.71%
EPS NQ rev (3m)4.17%
EPS NY rev (1m)-3.81%
EPS NY rev (3m)-0.98%
Revenue NQ rev (1m)-3.68%
Revenue NQ rev (3m)-3.78%
Revenue NY rev (1m)-1.46%
Revenue NY rev (3m)-2.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.93 | ||
| Fwd PE | 11.83 | ||
| P/S | 0.8 | ||
| P/FCF | 11.61 | ||
| P/OCF | 7.94 | ||
| P/B | 2.31 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.72 |
EPS(TTM)0.98
EY5.58%
EPS(NY)1.48
Fwd EY8.45%
FCF(TTM)1.51
FCFY8.61%
OCF(TTM)2.21
OCFY12.59%
SpS22.06
BVpS7.61
TBVpS-3.48
PEG (NY)N/A
PEG (5Y)2.89
Graham Number12.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.14% | ||
| ROE | 3.45% | ||
| ROCE | 10.54% | ||
| ROIC | 6.7% | ||
| ROICexc | 7.12% | ||
| ROICexgc | 18.89% | ||
| OM | 9.03% | ||
| PM (TTM) | 1.19% | ||
| GM | 32.86% | ||
| FCFM | 6.86% |
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-Score6
Asset Turnover0.96
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.24 | ||
| Debt/FCF | 6.7 | ||
| Debt/EBITDA | 3.1 | ||
| Cap/Depr | 66.04% | ||
| Cap/Sales | 3.17% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 72.51% | ||
| Profit Quality | 577.23% | ||
| Current Ratio | 1.77 | ||
| Quick Ratio | 1.12 | ||
| Altman-Z | 2.02 |
F-Score6
WACC9.48%
ROIC/WACC0.71
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)2.86%
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 1Y-4.1%
EBIT growth 3Y12.86%
EBIT growth 5Y12.77%
EBIT Next Year54.22%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-3.05%
FCF growth 3Y26.59%
FCF growth 5Y4.5%
OCF growth 1Y-4.86%
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 4 / 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 5 / 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.