Myers Industries Stock Current Valuation

MYE Stock

USD 22.01 0.01 0.05%

Valuation analysis of Myers Industries helps investors to measure Myers Industries' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. The current year's Enterprise Value is expected to grow to about 829.9 M, whereas Enterprise Value Over EBITDA is forecasted to decline to 6.61. Fundamental drivers impacting Myers Industries' valuation include:

Price Book

2.7427

Enterprise Value

863.4 M

Enterprise Value Ebitda

9.1212

Price Sales

0.9877

Trailing PE

16.6818

Undervalued

Today

22.01

Please note that Myers Industries' price fluctuation is very steady at this time. Calculation of the real value of Myers Industries is based on 3 months time horizon. Increasing Myers Industries' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.

Buy or Sell Advice Valuation Matrix

Our valuation method for Myers Industries is useful when determining the fair value of the Myers stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Myers Industries. Since Myers Industries is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Myers Stock. However, Myers Industries' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.

Historical

Market 22.01

Real 23.38

Target 24.5

Hype 22.17

Naive 22.23

The real value of Myers Stock, also known as its intrinsic value, is the underlying worth of Myers Industries Company, which is reflected in its stock price. It is based on Myers Industries' financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Myers Industries' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Myers Industries' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.

21.56

Downside

23.38

Real Value

Target Odds

Above Odds

Below Odds

25.20

Upside

Estimating the potential upside or downside of Myers Industries helps investors to forecast how Myers stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Myers Industries more accurately as focusing exclusively on Myers Industries' fundamentals will not take into account other important factors:

Earnings

Estimates (0)

Low	Projected	High
0.32	0.32	0.32

Details

Hype

Prediction

Low	Estimated	High
20.35	22.17	23.99

Details

Potential

Annual Dividend

Low	Forecasted	High
0.35	0.36	0.37

Details

1 Analysts

Consensus

Low	Target Price	High
22.30	24.50	27.20

Details

Myers Industries Company Current Valuation Analysis

Myers Industries' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Enterprise Value

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current Myers Industries Current Valuation

863.39 M

Most of Myers Industries' fundamental indicators, such as Current Valuation, 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.

Myers Current Valuation Driver Correlations

Understanding the fundamental principles of building solid financial models for Myers Industries is extremely important. It helps to project a fair market value of Myers Stock properly, considering its historical fundamentals such as Current Valuation. Since Myers Industries' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Myers Industries' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Myers Industries' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Good Will	Common Stock	Long Term Debt	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Short Term Investments	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Short Long Term Debt	Long Term Investments	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.75	0.47	-0.23	0.9	0.83	0.94	0.06	0.53	0.87	0.74	0.73	-0.46	-0.3	-0.62	0.18	0.12	0.2	0.14	-0.32	0.03	-0.19	0.26	-0.01	0.25	0.22
Total Stockholder Equity	0.75		-0.19	-0.02	0.85	0.25	0.82	-0.2	0.05	0.69	0.69	0.83	-0.8	-0.27	-0.36	0.65	0.08	-0.45	0.7	-0.11	-0.32	-0.4	0.48	0.06	0.47	0.38
Net Debt	0.47	-0.19		-0.09	0.24	0.85	0.25	0.42	0.77	0.3	0.24	-0.08	0.4	0.05	-0.31	-0.42	0.1	0.88	-0.66	-0.3	0.38	0.24	-0.14	-0.07	-0.25	0.0
Retained Earnings	-0.23	-0.02	-0.09		-0.13	-0.32	-0.21	-0.07	-0.06	-0.25	-0.18	-0.5	0.28	0.79	0.72	0.57	-0.37	-0.1	0.12	0.39	-0.61	0.3	0.16	0.07	-0.06	0.31
Net Receivables	0.9	0.85	0.24	-0.13		0.59	0.85	-0.05	0.25	0.86	0.69	0.73	-0.61	-0.25	-0.5	0.38	0.11	-0.03	0.32	-0.13	-0.15	-0.21	0.32	-0.08	0.29	0.22
Total Liab	0.83	0.25	0.85	-0.32	0.59		0.68	0.25	0.74	0.69	0.5	0.36	0.01	-0.21	-0.6	-0.28	0.12	0.67	-0.39	-0.38	0.31	0.06	-0.03	-0.07	-0.02	0.01
Total Current Assets	0.94	0.82	0.25	-0.21	0.85	0.68		-0.1	0.34	0.83	0.63	0.74	-0.5	-0.26	-0.49	0.28	-0.07	-0.01	0.27	-0.23	-0.08	-0.17	0.22	-0.04	0.3	0.16
Short Term Debt	0.06	-0.2	0.42	-0.07	-0.05	0.25	-0.1		0.18	-0.07	-0.01	-0.12	0.19	-0.02	-0.28	-0.29	0.11	0.42	-0.37	0.01	0.13	0.2	-0.05	0.08	-0.32	-0.13
Intangible Assets	0.53	0.05	0.77	-0.06	0.25	0.74	0.34	0.18		0.26	0.64	0.24	0.1	-0.25	-0.45	-0.05	0.47	0.61	-0.19	-0.72	0.46	-0.32	0.3	0.01	0.23	0.48
Accounts Payable	0.87	0.69	0.3	-0.25	0.86	0.69	0.83	-0.07	0.26		0.56	0.62	-0.48	-0.21	-0.57	0.06	-0.02	0.05	0.09	-0.11	-0.14	-0.05	0.1	0.06	0.07	0.0
Good Will	0.74	0.69	0.24	-0.18	0.69	0.5	0.63	-0.01	0.64	0.56		0.82	-0.61	-0.59	-0.67	0.41	0.65	-0.02	0.5	-0.69	0.23	-0.75	0.65	0.07	0.61	0.64
Common Stock	0.73	0.83	-0.08	-0.5	0.73	0.36	0.74	-0.12	0.24	0.62	0.82		-0.87	-0.73	-0.72	0.35	0.47	-0.31	0.59	-0.47	0.12	-0.68	0.49	0.05	0.56	0.4
Long Term Debt	-0.46	-0.8	0.4	0.28	-0.61	0.01	-0.5	0.19	0.1	-0.48	-0.61	-0.87		0.53	0.49	-0.54	-0.34	0.64	-0.7	0.16	0.25	0.58	-0.52	-0.18	-0.41	-0.47
Property Plant Equipment	-0.3	-0.27	0.05	0.79	-0.25	-0.21	-0.26	-0.02	-0.25	-0.21	-0.59	-0.73	0.53		0.81	0.11	-0.77	0.06	-0.33	0.74	-0.62	0.78	-0.43	-0.06	-0.49	-0.17
Current Deferred Revenue	-0.62	-0.36	-0.31	0.72	-0.5	-0.6	-0.49	-0.28	-0.45	-0.57	-0.67	-0.72	0.49	0.81		0.22	-0.61	-0.2	-0.04	0.57	-0.42	0.48	-0.28	-0.09	-0.24	-0.12
Net Tangible Assets	0.18	0.65	-0.42	0.57	0.38	-0.28	0.28	-0.29	-0.05	0.06	0.41	0.35	-0.54	0.11	0.22		0.06	-0.57	0.76	0.01	-0.54	-0.38	0.63	0.01	0.53	0.71
Short Term Investments	0.12	0.08	0.1	-0.37	0.11	0.12	-0.07	0.11	0.47	-0.02	0.65	0.47	-0.34	-0.77	-0.61	0.06		0.12	0.3	-0.77	0.59	-0.83	0.61	0.1	0.54	0.49
Long Term Debt Total	0.2	-0.45	0.88	-0.1	-0.03	0.67	-0.01	0.42	0.61	0.05	-0.02	-0.31	0.64	0.06	-0.2	-0.57	0.12		-0.74	-0.24	0.48	0.31	-0.19	-0.08	-0.2	-0.21
Capital Surpluse	0.14	0.7	-0.66	0.12	0.32	-0.39	0.27	-0.37	-0.19	0.09	0.5	0.59	-0.7	-0.33	-0.04	0.76	0.3	-0.74		-0.21	-0.17	-0.71	0.66	0.17	0.66	0.48
Deferred Long Term Liab	-0.32	-0.11	-0.3	0.39	-0.13	-0.38	-0.23	0.01	-0.72	-0.11	-0.69	-0.47	0.16	0.74	0.57	0.01	-0.77	-0.24	-0.21		-0.72	0.77	-0.54	-0.05	-0.55	-0.43
Accumulated Depreciation	0.03	-0.32	0.38	-0.61	-0.15	0.31	-0.08	0.13	0.46	-0.14	0.23	0.12	0.25	-0.62	-0.42	-0.54	0.59	0.48	-0.17	-0.72		-0.42	-0.01	-0.19	0.22	-0.16
Short Long Term Debt	-0.19	-0.4	0.24	0.3	-0.21	0.06	-0.17	0.2	-0.32	-0.05	-0.75	-0.68	0.58	0.78	0.48	-0.38	-0.83	0.31	-0.71	0.77	-0.42		-0.69	-0.07	-0.77	-0.6
Long Term Investments	0.26	0.48	-0.14	0.16	0.32	-0.03	0.22	-0.05	0.3	0.1	0.65	0.49	-0.52	-0.43	-0.28	0.63	0.61	-0.19	0.66	-0.54	-0.01	-0.69		0.47	0.54	0.71
Net Invested Capital	-0.01	0.06	-0.07	0.07	-0.08	-0.07	-0.04	0.08	0.01	0.06	0.07	0.05	-0.18	-0.06	-0.09	0.01	0.1	-0.08	0.17	-0.05	-0.19	-0.07	0.47		-0.25	0.18
Net Working Capital	0.25	0.47	-0.25	-0.06	0.29	-0.02	0.3	-0.32	0.23	0.07	0.61	0.56	-0.41	-0.49	-0.24	0.53	0.54	-0.2	0.66	-0.55	0.22	-0.77	0.54	-0.25		0.53
Capital Stock	0.22	0.38	0.0	0.31	0.22	0.01	0.16	-0.13	0.48	0.0	0.64	0.4	-0.47	-0.17	-0.12	0.71	0.49	-0.21	0.48	-0.43	-0.16	-0.6	0.71	0.18	0.53

Click cells to compare fundamentals

Myers Current Valuation Historical Pattern

Today, most investors in Myers Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Myers Industries' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Myers Industries current valuation as a starting point in their analysis.

Myers Industries Current Valuation

Timeline

Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.

Competition

Predict Myers Industries

Enterprise Value Over Time

In accordance with the recently published financial statements, Myers Industries has a Current Valuation of 863.39 M. This is 95.23% lower than that of the Containers & Packaging sector and 89.85% lower than that of the Materials industry. The current valuation for all United States stocks is 94.81% higher than that of the company.

Myers Current Valuation 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 Current Valuation 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 current valuation category among related companies.

Myers Industries Current Valuation Drivers

We derive many important indicators used in calculating different scores of Myers Industries from analyzing Myers Industries' financial statements. These drivers represent accounts that assess Myers Industries' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Myers Industries' important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	594.7M	746.3M	727.5M	798.4M	725.2M	761.5M
Enterprise Value	602.5M	813.7M	839.9M	907.6M	790.4M	829.9M

Myers Fundamentals

	Return On Equity	0.18
	Return On Asset	0.0717
	Profit Margin	0.06 %
	Operating Margin	0.05 %
	Current Valuation	863.39 M
	Shares Outstanding	36.94 M
	Shares Owned By Insiders	1.53 %
	Shares Owned By Institutions	91.68 %
	Number Of Shares Shorted	452.98 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	0.99 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	813.4 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.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Myers Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Myers Industries' short interest history, or implied volatility extrapolated from Myers Industries options trading.

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When determining whether Myers Industries is a strong investment it is important to analyze Myers Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Myers Industries' future performance. For an informed investment choice regarding Myers Stock, refer to the following important reports:

How To Invest In Myers

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Is Myers Stock a good investment?

Details

What is Myers Industries' Net Worth?

Details

Largest Packaging & Containers Companies

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Largest Consumer Cyclical Companies

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Check out Myers Industries Piotroski F Score and Myers Industries Altman Z Score analysis.

For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide.

You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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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.

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Myers Industries Stock Current Valuation

Myers Industries Company Current Valuation Analysis

Enterprise Value

Market Cap + Debt

-

Cash

Current Myers Industries Current Valuation

Myers Current Valuation Driver Correlations

Myers Current Valuation Historical Pattern

Myers Current Valuation Peer Comparison

Myers Industries Current Valuation Drivers

Myers Fundamentals

About Myers Industries Fundamental Analysis

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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