MYR GROUP INC/DELAWARE (MYRG) Stock Fundamental Analysis
USA - NASDAQ:MYRG - US55405W1045 - Common Stock
233.48 USD
+0.1 (+0.04%)
233.48 USD
0 (0%)
Overall MYRG gets a fundamental rating of 5 out of 10. We evaluated MYRG against 55 industry peers in the Construction & Engineering industry. While MYRG has a great health rating, its profitability is only average at the moment. MYRG has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
MYRG had positive earnings in the past year.
In the past year MYRG had a positive cash flow from operations.
MYRG had positive earnings in each of the past 5 years.
Each year in the past 5 years MYRG had a positive operating cash flow.
1.2 Ratios
MYRG has a better Return On Assets (5.95%) than 67.27% of its industry peers.
Looking at the Return On Equity, with a value of 15.84%, MYRG is in the better half of the industry, outperforming 70.91% of the companies in the same industry.
With a decent Return On Invested Capital value of 11.85%, MYRG is doing good in the industry, outperforming 74.55% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for MYRG is significantly below the industry average of 17.19%.
The 3 year average ROIC (8.30%) for MYRG is below the current ROIC(11.85%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.95% | ||
| ROE | 15.84% | ||
| ROIC | 11.85% |
ROA(3y)4.55%
ROA(5y)5.43%
ROE(3y)11.3%
ROE(5y)12.79%
ROIC(3y)8.3%
ROIC(5y)9.63%
1.3 Margins
MYRG has a Profit Margin (2.78%) which is comparable to the rest of the industry.
MYRG's Profit Margin has declined in the last couple of years.
MYRG has a Operating Margin of 4.13%. This is comparable to the rest of the industry: MYRG outperforms 47.27% of its industry peers.
MYRG's Operating Margin has declined in the last couple of years.
MYRG's Gross Margin of 11.34% is on the low side compared to the rest of the industry. MYRG is outperformed by 65.45% of its industry peers.
In the last couple of years the Gross Margin of MYRG has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.13% | ||
| PM (TTM) | 2.78% | ||
| GM | 11.34% |
OM growth 3Y-32.77%
OM growth 5Y-11.54%
PM growth 3Y-35.81%
PM growth 5Y-13.14%
GM growth 3Y-12.77%
GM growth 5Y-3.54%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MYRG is still creating some value.
The number of shares outstanding for MYRG has been reduced compared to 1 year ago.
MYRG has less shares outstanding than it did 5 years ago.
MYRG has a worse debt/assets ratio than last year.
2.2 Solvency
MYRG has an Altman-Z score of 5.13. This indicates that MYRG is financially healthy and has little risk of bankruptcy at the moment.
MYRG has a Altman-Z score of 5.13. This is in the better half of the industry: MYRG outperforms 76.36% of its industry peers.
The Debt to FCF ratio of MYRG is 0.48, which is an excellent value as it means it would take MYRG, only 0.48 years of fcf income to pay off all of its debts.
MYRG's Debt to FCF ratio of 0.48 is amongst the best of the industry. MYRG outperforms 89.09% of its industry peers.
MYRG has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
MYRG has a Debt to Equity ratio of 0.11. This is amongst the best in the industry. MYRG outperforms 83.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.48 | ||
| Altman-Z | 5.13 |
ROIC/WACC1.14
WACC10.38%
2.3 Liquidity
MYRG has a Current Ratio of 1.33. This is a normal value and indicates that MYRG is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of MYRG (1.33) is comparable to the rest of the industry.
A Quick Ratio of 1.33 indicates that MYRG should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.33, MYRG is doing good in the industry, outperforming 63.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.33 |
3. Growth
3.1 Past
MYRG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 170.31%, which is quite impressive.
The Earnings Per Share has been decreasing by -3.84% on average over the past years.
MYRG shows a decrease in Revenue. In the last year, the revenue decreased by -0.64%.
MYRG shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.17% yearly.
EPS 1Y (TTM)170.31%
EPS 3Y-28.02%
EPS 5Y-3.84%
EPS Q2Q%215.38%
Revenue 1Y (TTM)-0.64%
Revenue growth 3Y10.41%
Revenue growth 5Y10.17%
Sales Q2Q%7.02%
3.2 Future
MYRG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 52.38% yearly.
MYRG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.76% yearly.
EPS Next Y283.51%
EPS Next 2Y115.91%
EPS Next 3Y72.38%
EPS Next 5Y52.38%
Revenue Next Year4.04%
Revenue Next 2Y6.23%
Revenue Next 3Y6.46%
Revenue Next 5Y6.76%
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
The Price/Earnings ratio is 37.72, which means the current valuation is very expensive for MYRG.
MYRG's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of MYRG to the average of the S&P500 Index (25.83), we can say MYRG is valued slightly more expensively.
With a Price/Forward Earnings ratio of 27.07, MYRG can be considered very expensive at the moment.
The rest of the industry has a similar Price/Forward Earnings ratio as MYRG.
Compared to an average S&P500 Price/Forward Earnings ratio of 32.68, MYRG is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.72 | ||
| Fwd PE | 27.07 |
4.2 Price Multiples
61.82% of the companies in the same industry are more expensive than MYRG, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, MYRG is valued a bit cheaper than the industry average as 72.73% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.22 | ||
| EV/EBITDA | 17.17 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as MYRG's earnings are expected to grow with 72.38% in the coming years.
PEG (NY)0.13
PEG (5Y)N/A
EPS Next 2Y115.91%
EPS Next 3Y72.38%
5. Dividend
5.1 Amount
MYRG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
233.48
+0.1 (+0.04%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners100.97%
Inst Owner Change0.36%
Ins Owners1.54%
Ins Owner Change0%
Market Cap3.62B
Revenue(TTM)3.51B
Net Income(TTM)97.82M
Analysts81.67
Price Target220.66 (-5.49%)
Short Float %4.23%
Short Ratio2.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.44%
Min EPS beat(2)4.94%
Max EPS beat(2)9.94%
EPS beat(4)4
Avg EPS beat(4)18.17%
Min EPS beat(4)4.94%
Max EPS beat(4)39.15%
EPS beat(8)5
Avg EPS beat(8)-4.25%
EPS beat(12)8
Avg EPS beat(12)2.79%
EPS beat(16)10
Avg EPS beat(16)2.33%
Revenue beat(2)2
Avg Revenue beat(2)3.19%
Min Revenue beat(2)0.82%
Max Revenue beat(2)5.55%
Revenue beat(4)3
Avg Revenue beat(4)0.53%
Min Revenue beat(4)-8.24%
Max Revenue beat(4)5.55%
Revenue beat(8)4
Avg Revenue beat(8)-0.14%
Revenue beat(12)8
Avg Revenue beat(12)3.32%
Revenue beat(16)12
Avg Revenue beat(16)3.36%
PT rev (1m)2.77%
PT rev (3m)18.6%
EPS NQ rev (1m)-2.83%
EPS NQ rev (3m)0.98%
EPS NY rev (1m)-2.09%
EPS NY rev (3m)3.36%
Revenue NQ rev (1m)-1.32%
Revenue NQ rev (3m)-2.49%
Revenue NY rev (1m)-0.36%
Revenue NY rev (3m)0.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.72 | ||
| Fwd PE | 27.07 | ||
| P/S | 1.03 | ||
| P/FCF | 23.22 | ||
| P/OCF | 15.56 | ||
| P/B | 5.87 | ||
| P/tB | 8.43 | ||
| EV/EBITDA | 17.17 |
EPS(TTM)6.19
EY2.65%
EPS(NY)8.62
Fwd EY3.69%
FCF(TTM)10.06
FCFY4.31%
OCF(TTM)15
OCFY6.43%
SpS226.43
BVpS39.79
TBVpS27.7
PEG (NY)0.13
PEG (5Y)N/A
Graham Number74.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.95% | ||
| ROE | 15.84% | ||
| ROCE | 17.19% | ||
| ROIC | 11.85% | ||
| ROICexc | 13.03% | ||
| ROICexgc | 17.24% | ||
| OM | 4.13% | ||
| PM (TTM) | 2.78% | ||
| GM | 11.34% | ||
| FCFM | 4.44% |
ROA(3y)4.55%
ROA(5y)5.43%
ROE(3y)11.3%
ROE(5y)12.79%
ROIC(3y)8.3%
ROIC(5y)9.63%
ROICexc(3y)8.68%
ROICexc(5y)10.33%
ROICexgc(3y)11.86%
ROICexgc(5y)13.66%
ROCE(3y)12.04%
ROCE(5y)13.96%
ROICexgc growth 3Y-34.99%
ROICexgc growth 5Y-7.87%
ROICexc growth 3Y-35.45%
ROICexc growth 5Y-8.52%
OM growth 3Y-32.77%
OM growth 5Y-11.54%
PM growth 3Y-35.81%
PM growth 5Y-13.14%
GM growth 3Y-12.77%
GM growth 5Y-3.54%
F-Score7
Asset Turnover2.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.48 | ||
| Debt/EBITDA | 0.33 | ||
| Cap/Depr | 116.91% | ||
| Cap/Sales | 2.18% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 110.44% | ||
| Profit Quality | 159.56% | ||
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.33 | ||
| Altman-Z | 5.13 |
F-Score7
WACC10.38%
ROIC/WACC1.14
Cap/Depr(3y)130.75%
Cap/Depr(5y)120.21%
Cap/Sales(3y)2.38%
Cap/Sales(5y)2.24%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)170.31%
EPS 3Y-28.02%
EPS 5Y-3.84%
EPS Q2Q%215.38%
EPS Next Y283.51%
EPS Next 2Y115.91%
EPS Next 3Y72.38%
EPS Next 5Y52.38%
Revenue 1Y (TTM)-0.64%
Revenue growth 3Y10.41%
Revenue growth 5Y10.17%
Sales Q2Q%7.02%
Revenue Next Year4.04%
Revenue Next 2Y6.23%
Revenue Next 3Y6.46%
Revenue Next 5Y6.76%
EBIT growth 1Y161.78%
EBIT growth 3Y-25.77%
EBIT growth 5Y-2.54%
EBIT Next Year405.52%
EBIT Next 3Y86.89%
EBIT Next 5Y61.8%
FCF growth 1Y423.34%
FCF growth 3Y-49.12%
FCF growth 5Y9.5%
OCF growth 1Y90.63%
OCF growth 3Y-14.06%
OCF growth 5Y6.06%
MYR GROUP INC/DELAWARE / MYRG FAQ
What is the fundamental rating for MYRG stock?
ChartMill assigns a fundamental rating of 5 / 10 to MYRG.
What is the valuation status of MYR GROUP INC/DELAWARE (MYRG) stock?
ChartMill assigns a valuation rating of 4 / 10 to MYR GROUP INC/DELAWARE (MYRG). This can be considered as Fairly Valued.
Can you provide the profitability details for MYR GROUP INC/DELAWARE?
MYR GROUP INC/DELAWARE (MYRG) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for MYRG stock?
The Price/Earnings (PE) ratio for MYR GROUP INC/DELAWARE (MYRG) is 37.72 and the Price/Book (PB) ratio is 5.87.