Myers Industries Stock Probability Of Bankruptcy

Name: Myers Industries Next Financial Report
Start: 2024-05-02
End: 2024-05-02
Location: Myers Industries

MYE Stock

USD 21.27 0.30 1.43%

Myers Industries' odds of distress is under 6% at the present time. It has tiny probability of undergoing some form of financial hardship in the near future. Myers Industries' Probability of distress is determined by interpolating and adjusting Myers Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Myers balance sheet, as well as cash flow and income statements available from the company's most recent filings. 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.

The current year's Market Cap is expected to grow to about 761.5 M. The current year's Enterprise Value is expected to grow to about 829.9 M

Myers Industries Company probability of distress Analysis

Myers Industries' Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Myers Industries Probability Of Bankruptcy

Less than 6%

Most of Myers Industries' fundamental indicators, such as Probability Of Bankruptcy, 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.

Our calculation of Myers Industries probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Myers Industries odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Myers Industries financial health.

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.

	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

	2019	2020	2021	2022	2023	2024 (projected)
Return On Assets	0.0689	0.0919	0.0692	0.11	0.0902	0.0523
Net Debt	7.8M	67.4M	112.4M	109.2M	65.2M	112.2M
Total Current Liabilities	82.6M	142.2M	132.5M	137.8M	165.1M	97.7M
Non Current Liabilities Total	103.8M	68.7M	142.7M	148.4M	83.7M	138.4M
Total Assets	353.1M	400.0M	484.5M	542.6M	541.6M	431.3M
Total Current Assets	185.0M	183.7M	219.9M	257.2M	256.6M	187.2M
Total Cash From Operating Activities	54.3M	46.5M	44.9M	72.6M	86.2M	51.9M

	Return On Equity	0.18
	Return On Asset	0.0717
	Profit Margin	0.06 %
	Operating Margin	0.05 %
	Current Valuation	849.38 M
	Shares Outstanding	36.94 M
	Shares Owned By Insiders	1.53 %
	Shares Owned By Institutions	91.79 %
	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	785.69 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	0.03 %
	Five Year Return	2.99 %
	Net Asset	541.63 M
	Last Dividend Paid	0.54

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Myers Industries Stock Probability Of Bankruptcy

Myers Industries Company probability of distress Analysis

Probability Of Bankruptcy

Normalized

Z-Score

Current Myers Industries Probability Of Bankruptcy

Myers Probability Of Bankruptcy Driver Correlations

Myers Probability Of Bankruptcy Peer Comparison

Myers Industries Main Bankruptcy Drivers

Myers Fundamentals

About Myers Industries Fundamental Analysis

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