MYR GROUP INC/DELAWARE (MYRG)
US55405W1045 - Common Stock
MYRG gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 45 industry peers in the Construction & Engineering industry. MYRG has an average financial health and profitability rating. 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.
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
The Return On Assets of MYRG (2.41%) is comparable to the rest of the industry.
MYRG has a Return On Equity (6.52%) which is in line with its industry peers.
Looking at the Return On Invested Capital, with a value of 4.87%, MYRG is in line with its industry, outperforming 43.18% of the companies in the same industry.
MYRG had an Average Return On Invested Capital over the past 3 years of 11.89%. This is in line with the industry average of 11.52%.
The 3 year average ROIC (11.89%) for MYRG is well above the current ROIC(4.87%). The reason for the recent decline needs to be investigated.
| 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
The Profit Margin of MYRG (1.08%) is comparable to the rest of the industry.
MYRG's Profit Margin has improved in the last couple of years.
MYRG has a Operating Margin of 1.57%. This is in the lower half of the industry: MYRG underperforms 63.64% of its industry peers.
In the last couple of years the Operating Margin of MYRG has grown nicely.
Looking at the Gross Margin, with a value of 8.54%, MYRG is doing worse than 75.00% of the companies in the same industry.
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.
Compared to 1 year ago, MYRG has more shares outstanding
The number of shares outstanding for MYRG has been increased compared to 5 years ago.
The debt/assets ratio for MYRG has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.40 indicates that MYRG is not in any danger for bankruptcy at the moment.
The Altman-Z score of MYRG (4.40) is better than 70.45% 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.
With a Debt to FCF ratio value of 4.02, MYRG perfoms like the industry average, outperforming 59.09% of the companies in the same industry.
A Debt/Equity ratio of 0.15 indicates that MYRG is not too dependend on debt financing.
The Debt to Equity ratio of MYRG (0.15) is better than 77.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 4.02 | ||
| Altman-Z | 4.4 |
ROIC/WACC0.46
WACC10.6%
2.3 Liquidity
A Current Ratio of 1.35 indicates that MYRG should not have too much problems paying its short term obligations.
MYRG has a Current ratio of 1.35. This is comparable to the rest of the industry: MYRG outperforms 47.73% of its industry peers.
A Quick Ratio of 1.35 indicates that MYRG should not have too much problems paying its short term obligations.
The Quick ratio of MYRG (1.35) is comparable to the rest of the industry.
| 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.
MYRG shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 23.72% yearly.
The Revenue has been growing slightly by 0.94% in the past 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-70.74%
EPS Next 2Y7.52%
EPS Next 3Y11.97%
EPS Next 5YN/A
Revenue Next Year-3.54%
Revenue Next 2Y-0.36%
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.
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
MYRG is valuated quite expensively with a Price/Earnings ratio of 66.94.
MYRG's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of MYRG to the average of the S&P500 Index (27.20), we can say MYRG is valued expensively.
MYRG is valuated rather expensively with a Price/Forward Earnings ratio of 24.47.
MYRG's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.73. MYRG is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 66.94 | ||
| Fwd PE | 24.47 |
4.2 Price Multiples
MYRG's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, MYRG is valued a bit more expensive than the industry average as 70.45% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 102.79 | ||
| EV/EBITDA | 21.36 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)2.82
EPS Next 2Y7.52%
EPS Next 3Y11.97%
5. Dividend
5.1 Amount
No dividends for MYRG!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
MYR GROUP INC/DELAWARE
NASDAQ:MYRG (12/20/2024, 8:26:24 PM)
After market: 153.3 0 (0%)153.3
-1.21 (-0.78%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners102.54%
Inst Owner Change-1.94%
Ins Owners1.75%
Ins Owner Change0.49%
Market Cap2.47B
Analysts81.82
Price Target162.52 (6.01%)
Short Float %4.69%
Short Ratio3.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-47.44%
Min EPS beat(2)-179.05%
Max EPS beat(2)84.18%
EPS beat(4)1
Avg EPS beat(4)-26.66%
Min EPS beat(4)-179.05%
Max EPS beat(4)84.18%
EPS beat(8)4
Avg EPS beat(8)-4.9%
EPS beat(12)6
Avg EPS beat(12)-2.95%
EPS beat(16)10
Avg EPS beat(16)7.2%
Revenue beat(2)0
Avg Revenue beat(2)-6.16%
Min Revenue beat(2)-7.24%
Max Revenue beat(2)-5.07%
Revenue beat(4)1
Avg Revenue beat(4)-2.47%
Min Revenue beat(4)-7.24%
Max Revenue beat(4)8.81%
Revenue beat(8)5
Avg Revenue beat(8)3.89%
Revenue beat(12)9
Avg Revenue beat(12)3.75%
Revenue beat(16)12
Avg Revenue beat(16)3.84%
PT rev (1m)23.83%
PT rev (3m)4.65%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-62.94%
EPS NY rev (1m)-3.27%
EPS NY rev (3m)6.69%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-16.11%
Revenue NY rev (1m)-0.71%
Revenue NY rev (3m)-3.94%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 66.94 | ||
| Fwd PE | 24.47 | ||
| P/S | 0.7 | ||
| P/FCF | 102.79 | ||
| P/OCF | 22.75 | ||
| P/B | 4.2 | ||
| P/tB | 6.28 | ||
| EV/EBITDA | 21.36 |
EPS(TTM)2.29
EY1.49%
EPS(NY)6.27
Fwd EY4.09%
FCF(TTM)1.49
FCFY0.97%
OCF(TTM)6.74
OCFY4.4%
SpS219.4
BVpS36.51
TBVpS24.41
PEG (NY)N/A
PEG (5Y)2.82
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.41% | ||
| ROE | 6.52% | ||
| ROCE | 6.68% | ||
| ROIC | 4.87% | ||
| ROICexc | 4.91% | ||
| ROICexgc | 6.44% | ||
| OM | 1.57% | ||
| PM (TTM) | 1.08% | ||
| GM | 8.54% | ||
| FCFM | 0.68% |
ROA(3y)6.44%
ROA(5y)5.79%
ROE(3y)15.08%
ROE(5y)13.85%
ROIC(3y)11.89%
ROIC(5y)10.63%
ROICexc(3y)12.97%
ROICexc(5y)11.39%
ROICexgc(3y)17.33%
ROICexgc(5y)15%
ROCE(3y)16.31%
ROCE(5y)14.58%
ROICexcg growth 3Y0.49%
ROICexcg growth 5Y10.25%
ROICexc growth 3Y-0.67%
ROICexc growth 5Y8.78%
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%
F-Score4
Asset Turnover2.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 4.02 | ||
| Debt/EBITDA | 0.76 | ||
| Cap/Depr | 131.33% | ||
| Cap/Sales | 2.39% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 90.62% | ||
| Profit Quality | 62.68% | ||
| Current Ratio | 1.35 | ||
| Quick Ratio | 1.35 | ||
| Altman-Z | 4.4 |
F-Score4
WACC10.6%
ROIC/WACC0.46
Cap/Depr(3y)129.69%
Cap/Depr(5y)122.89%
Cap/Sales(3y)2.33%
Cap/Sales(5y)2.35%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-57.98%
EPS 3Y15.92%
EPS 5Y23.72%
EPS Q2Q%-49.22%
EPS Next Y-70.74%
EPS Next 2Y7.52%
EPS Next 3Y11.97%
EPS Next 5YN/A
Revenue 1Y (TTM)0.94%
Revenue growth 3Y17.48%
Revenue growth 5Y18.93%
Sales Q2Q%-5.47%
Revenue Next Year-3.54%
Revenue Next 2Y-0.36%
Revenue Next 3Y2.02%
Revenue Next 5YN/A
EBIT growth 1Y-55.54%
EBIT growth 3Y14.27%
EBIT growth 5Y21.84%
EBIT Next Year-14.09%
EBIT Next 3Y24.01%
EBIT Next 5YN/A
FCF growth 1Y-30.43%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y5.72%
OCF growth 3Y-25.99%
OCF growth 5Y-3.49%