Myers Industries Stock Profit Margin
| MYE Stock | USD 22.01 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.
| Last Reported | Projected for Next Year | ||
| Net Profit Margin | 0.06 | 0.04 |
Myers | Profit Margin |
Myers Industries Company Profit Margin Analysis
Myers Industries' Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current Myers Industries Profit Margin | 0.06 % |
Most of Myers Industries' fundamental indicators, such as Profit Margin, 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 Profit Margin 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 Profit Margin. 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.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
| Competition |
Myers Pretax Profit Margin
Pretax Profit Margin |
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Based on the latest financial disclosure, Myers Industries has a Profit Margin of 0.0601%. This is 97.62% lower than that of the Containers & Packaging sector and 103.08% lower than that of the Materials industry. The profit margin for all United States stocks is 104.73% lower than that of the firm.
Myers Profit Margin 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 Profit Margin 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 profit margin 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.
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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.