MYR GROUP INC/DELAWARE (MYRG)
US55405W1045 - Common Stock
Overall MYRG gets a fundamental rating of 4 out of 10. We evaluated MYRG against 44 industry peers in the Construction & Engineering industry. Both the profitability and the financial health of MYRG get a neutral evaluation. Nothing too spectacular is happening here. While showing a medium growth rate, MYRG is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
MYRG had positive earnings in the past year.
MYRG had a positive operating cash flow in the past year.
Each year in the past 5 years MYRG has been profitable.
In the past 5 years MYRG always reported a positive cash flow from operatings.
1.2 Ratios
MYRG has a Return On Assets (2.41%) which is in line with its industry peers.
MYRG has a Return On Equity (6.52%) which is comparable to the rest of the industry.
MYRG has a Return On Invested Capital (4.87%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for MYRG is above the industry average of 9.25%.
The last Return On Invested Capital (4.87%) for MYRG is well below the 3 year average (11.89%), which needs to be investigated, but indicates that MYRG had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.41% | ||
| ROE | 6.52% | ||
| ROIC | 4.87% |
ROA(3y)6.44%
ROA(5y)5.79%
ROE(3y)15.08%
ROE(5y)13.85%
ROIC(3y)11.89%
ROIC(5y)10.63%
1.3 Margins
MYRG has a Profit Margin of 1.08%. This is comparable to the rest of the industry: MYRG outperforms 42.86% of its industry peers.
In the last couple of years the Profit Margin of MYRG has grown nicely.
MYRG has a Operating Margin of 1.57%. This is in the lower half of the industry: MYRG underperforms 69.05% of its industry peers.
MYRG's Operating Margin has improved in the last couple of years.
MYRG has a worse Gross Margin (8.54%) than 76.19% of its industry peers.
MYRG's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.57% | ||
| PM (TTM) | 1.08% | ||
| GM | 8.54% |
OM growth 3Y-2.73%
OM growth 5Y2.45%
PM growth 3Y-1.54%
PM growth 5Y4.22%
GM growth 3Y-6.61%
GM growth 5Y-1.73%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MYRG is creating some value.
MYRG has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, MYRG has more shares outstanding
The debt/assets ratio for MYRG has been reduced compared to a year ago.
2.2 Solvency
MYRG has an Altman-Z score of 4.32. This indicates that MYRG is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of MYRG (4.32) is better than 69.05% of its industry peers.
The Debt to FCF ratio of MYRG is 4.02, which is a neutral value as it means it would take MYRG, 4.02 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of MYRG (4.02) is better than 64.29% of its industry peers.
A Debt/Equity ratio of 0.15 indicates that MYRG is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.15, MYRG is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 4.02 | ||
| Altman-Z | 4.32 |
ROIC/WACC0.43
WACC11.21%
2.3 Liquidity
MYRG has a Current Ratio of 1.35. This is a normal value and indicates that MYRG is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.35, MYRG perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
A Quick Ratio of 1.35 indicates that MYRG should not have too much problems paying its short term obligations.
MYRG's Quick ratio of 1.35 is in line compared to the rest of the industry. MYRG outperforms 54.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.35 | ||
| Quick Ratio | 1.35 |
3. Growth
3.1 Past
The earnings per share for MYRG have decreased strongly by -57.98% in the last year.
The Earnings Per Share has been growing by 23.72% on average over the past years. This is a very strong growth
Looking at the last year, MYRG shows a small growth in Revenue. The Revenue has grown by 0.94% in the last year.
MYRG shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 18.93% yearly.
EPS 1Y (TTM)-57.98%
EPS 3Y15.92%
EPS 5Y23.72%
EPS Q2Q%-49.22%
Revenue 1Y (TTM)0.94%
Revenue growth 3Y17.48%
Revenue growth 5Y18.93%
Sales Q2Q%-5.47%
3.2 Future
The Earnings Per Share is expected to grow by 11.97% on average over the next years. This is quite good.
MYRG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.02% yearly.
EPS Next Y-69.75%
EPS Next 2Y8.6%
EPS Next 3Y11.97%
EPS Next 5YN/A
Revenue Next Year-2.85%
Revenue Next 2Y0.41%
Revenue Next 3Y2.02%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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
A Price/Earnings ratio of 64.57 indicates a quite expensive valuation of MYRG.
Compared to the rest of the industry, the Price/Earnings ratio of MYRG is on the same level as its industry peers.
MYRG's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 28.96.
With a Price/Forward Earnings ratio of 23.13, MYRG is valued on the expensive side.
The rest of the industry has a similar Price/Forward Earnings ratio as MYRG.
MYRG is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 64.57 | ||
| Fwd PE | 23.13 |
4.2 Price Multiples
MYRG's Enterprise Value to EBITDA ratio is in line with the industry average.
MYRG's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. MYRG is more expensive than 61.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 99.14 | ||
| EV/EBITDA | 20.31 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)2.72
EPS Next 2Y8.6%
EPS Next 3Y11.97%
5. Dividend
5.1 Amount
MYRG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
MYR GROUP INC/DELAWARE
NASDAQ:MYRG (11/21/2024, 8:00:01 PM)
After market: 147.86 0 (0%)147.86
+2.4 (+1.65%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.38B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
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Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 64.57 | ||
| Fwd PE | 23.13 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)2.72
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.41% | ||
| ROE | 6.52% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 1.57% | ||
| PM (TTM) | 1.08% | ||
| GM | 8.54% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover2.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.35 | ||
| Quick Ratio | 1.35 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-57.98%
EPS 3Y15.92%
EPS 5Y
EPS Q2Q%
EPS Next Y-69.75%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)0.94%
Revenue growth 3Y17.48%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y