MYE Valuation

Myers Industries Inc

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16.610

+0.06(0.363%)1D

Overview
Forecast
Valuation
Earnings

MYE Relative Valuation

MYE's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, MYE is overvalued; if below, it's undervalued.

Historical Valuation

Myers Industries Inc (MYE) is now in the Fair zone, suggesting that its current forward PE ratio of 12.88 is considered Fairly compared with the five-year average of 14.42. The fair price of Myers Industries Inc (MYE) is between 16.58 to 24.65 according to relative valuation methord.

Relative Value

Fair Zone

16.58-24.65

Current Price：16.61

Fair

12.88

Trailing

Forward

7.41

EV/EBITDA

Myers Industries Inc. (MYE) has a current EV/EBITDA of 7.41. The 5-year average EV/EBITDA is 8.00. The thresholds are as follows: Strongly Undervalued below 4.74, Undervalued between 4.74 and 6.37, Fairly Valued between 9.63 and 6.37, Overvalued between 9.63 and 11.26, and Strongly Overvalued above 11.26. The current Forward EV/EBITDA of 7.41 falls within the Historic Trend Line -Fairly Valued range.

10.57

EV/EBIT

Myers Industries Inc. (MYE) has a current EV/EBIT of 10.57. The 5-year average EV/EBIT is 11.06. The thresholds are as follows: Strongly Undervalued below 6.31, Undervalued between 6.31 and 8.68, Fairly Valued between 13.43 and 8.68, Overvalued between 13.43 and 15.80, and Strongly Overvalued above 15.80. The current Forward EV/EBIT of 10.57 falls within the Historic Trend Line -Fairly Valued range.

0.74

Myers Industries Inc. (MYE) has a current PS of 0.74. The 5-year average PS is 0.81. The thresholds are as follows: Strongly Undervalued below 0.45, Undervalued between 0.45 and 0.63, Fairly Valued between 0.98 and 0.63, Overvalued between 0.98 and 1.16, and Strongly Overvalued above 1.16. The current Forward PS of 0.74 falls within the Historic Trend Line -Fairly Valued range.

7.15

P/OCF

Myers Industries Inc. (MYE) has a current P/OCF of 7.15. The 5-year average P/OCF is 9.96. The thresholds are as follows: Strongly Undervalued below 1.40, Undervalued between 1.40 and 5.68, Fairly Valued between 14.24 and 5.68, Overvalued between 14.24 and 18.52, and Strongly Overvalued above 18.52. The current Forward P/OCF of 7.15 falls within the Historic Trend Line -Fairly Valued range.

0.00

P/FCF

Myers Industries Inc. (MYE) has a current P/FCF of 0.00. The 5-year average P/FCF is 13.07. The thresholds are as follows: Strongly Undervalued below -13.52, Undervalued between -13.52 and -0.23, Fairly Valued between 26.36 and -0.23, Overvalued between 26.36 and 39.66, and Strongly Overvalued above 39.66. The current Forward P/FCF of 0.00 falls within the Historic Trend Line -Fairly Valued range.

Myers Industries Inc (MYE) has a current Price-to-Book (P/B) ratio of 2.18. Compared to its 3-year average P/B ratio of 2.29 , the current P/B ratio is approximately -4.78% higher. Relative to its 5-year average P/B ratio of 2.81, the current P/B ratio is about -22.38% higher. Myers Industries Inc (MYE) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 9.29%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 7.14% , the current FCF yield is about -100.00% lower.

2.18

P/B

Median3y

2.29

Median5y

2.81

9.23

FCF Yield

Median3y

9.29

Median5y

7.14

Competitors Valuation Multiple

The average P/S ratio for MYE's competitors is 0.00, providing a benchmark for relative valuation. Myers Industries Inc Corp (MYE) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of -4.84%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Matthews International Corp

Performance Decomposition

Market capitalization of MYE increased by 24.11% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 49.00 to 63.60.

The secondary factor is the Margin Expansion, contributed -0.86%to the performance.

Overall, the performance of MYE in the past 1 year is driven by P/E Change. Which is more unsustainable.

-4.84%

220.24M → 209.58M

Revenue Growth

-0.86%

4.67 → 4.63

Margin Expansion

29.81%

49.00 → 63.60

P/E Change

24.11%