Myers Industries Stock Fundamentals
| MYE Stock | USD 22.04 0.01 0.05% |
Myers Industries fundamentals help investors to digest information that contributes to Myers Industries' financial success or failures. It also enables traders to predict the movement of Myers Stock. The fundamental analysis module provides a way to measure Myers Industries' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Myers Industries stock.
At present, Myers Industries' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 69.4 M, whereas Gross Profit is forecasted to decline to about 175.8 M. Myers | Select Account or Indicator |
Myers Industries Company Return On Asset Analysis
Myers Industries' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Myers Industries Return On Asset | 0.0717 |
Most of Myers Industries' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Myers Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Myers Total Assets
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Based on the latest financial disclosure, Myers Industries has a Return On Asset of 0.0717. This is 93.42% lower than that of the Containers & Packaging sector and 90.44% lower than that of the Materials industry. The return on asset for all United States stocks is 151.21% lower than that of the firm.
Myers Industries Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Myers Industries's current stock value. Our valuation model uses many indicators to compare Myers Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Myers Industries competition to find correlations between indicators driving Myers Industries's intrinsic value. More Info.Myers Industries is regarded fourth in return on equity category among related companies. It is regarded second in return on asset category among related companies reporting about 0.40 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Myers Industries is roughly 2.48 . At present, Myers Industries' Return On Equity is projected to increase slightly based on the last few years of reporting.Comparative valuation analysis is a catch-all model that can be used if you cannot value Myers Industries by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Myers Industries' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Myers Industries' earnings, one of the primary drivers of an investment's value.Myers Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Myers Industries' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Myers Industries could also be used in its relative valuation, which is a method of valuing Myers Industries by comparing valuation metrics of similar companies.Myers Industries is currently under evaluation in return on asset category among related companies.
Myers Fundamentals
| Return On Equity | 0.18 | ||||
| Return On Asset | 0.0717 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 877.4 M | ||||
| Shares Outstanding | 36.94 M | ||||
| Shares Owned By Insiders | 1.53 % | ||||
| Shares Owned By Institutions | 91.72 % | ||||
| Number Of Shares Shorted | 540.96 K | ||||
| Price To Earning | 22.20 X | ||||
| Price To Book | 2.74 X | ||||
| Price To Sales | 0.99 X | ||||
| Revenue | 813.07 M | ||||
| Gross Profit | 284.07 M | ||||
| EBITDA | 95 M | ||||
| Net Income | 48.87 M | ||||
| Cash And Equivalents | 22.43 M | ||||
| Cash Per Share | 0.62 X | ||||
| Total Debt | 95.49 M | ||||
| Debt To Equity | 0.60 % | ||||
| Current Ratio | 1.72 X | ||||
| Book Value Per Share | 7.95 X | ||||
| Cash Flow From Operations | 86.17 M | ||||
| Short Ratio | 1.34 X | ||||
| Earnings Per Share | 1.32 X | ||||
| Price To Earnings To Growth | 14.87 X | ||||
| Target Price | 30.0 | ||||
| Number Of Employees | 2.5 K | ||||
| Beta | 1.33 | ||||
| Market Capitalization | 814.14 M | ||||
| Total Asset | 541.63 M | ||||
| Retained Earnings | (35.52 M) | ||||
| Working Capital | 91.51 M | ||||
| Current Asset | 154.31 M | ||||
| Current Liabilities | 116.81 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 2.99 % | ||||
| Net Asset | 541.63 M | ||||
| Last Dividend Paid | 0.54 |
About Myers Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Myers Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Myers Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Myers Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 6.5 M | 10.6 M | |
| Total Revenue | 813.1 M | 586 M | |
| Cost Of Revenue | 554 M | 410.2 M | |
| Stock Based Compensation To Revenue | 0.01 | 0 | |
| Sales General And Administrative To Revenue | 0.22 | 0.11 | |
| Research And Ddevelopement To Revenue | 0.00 | 0.00 | |
| Capex To Revenue | (0.03) | (0.03) | |
| Revenue Per Share | 22.13 | 12.60 | |
| Ebit Per Revenue | 0.09 | 0.08 |
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Complementary Tools for Myers Stock analysis
When running Myers Industries' price analysis, check to measure Myers Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Myers Industries is operating at the current time. Most of Myers Industries' value examination focuses on studying past and present price action to predict the probability of Myers Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Myers Industries' price. Additionally, you may evaluate how the addition of Myers Industries to your portfolios can decrease your overall portfolio volatility.
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Is Myers Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Myers Industries. If investors know Myers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Myers Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.06) | Dividend Share 0.54 | Earnings Share 1.32 | Revenue Per Share 22.128 | Quarterly Revenue Growth (0.10) |
The market value of Myers Industries is measured differently than its book value, which is the value of Myers that is recorded on the company's balance sheet. Investors also form their own opinion of Myers Industries' value that differs from its market value or its book value, called intrinsic value, which is Myers Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Myers Industries' market value can be influenced by many factors that don't directly affect Myers Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Myers Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Myers Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myers Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.