MYRG Valuation

MYR Group Inc

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184.080

+7.05(3.982%)1D

Overview
Forecast
Valuation
Earnings

MYRG Relative Valuation

MYRG'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, MYRG is overvalued; if below, it's undervalued.

Historical Valuation

MYR Group Inc (MYRG) is now in the Fair zone, suggesting that its current forward PE ratio of 23.17 is considered Fairly compared with the five-year average of 26.03. The fair price of MYR Group Inc (MYRG) is between 83.51 to 339.39 according to relative valuation methord.

Relative Value

Fair Zone

83.51-339.39

Current Price：181.17

Fair

23.17

Trailing

Forward

11.79

EV/EBITDA

MYR Group Inc. (MYRG) has a current EV/EBITDA of 11.79. The 5-year average EV/EBITDA is 11.07. The thresholds are as follows: Strongly Undervalued below 2.65, Undervalued between 2.65 and 6.86, Fairly Valued between 15.27 and 6.86, Overvalued between 15.27 and 19.48, and Strongly Overvalued above 19.48. The current Forward EV/EBITDA of 11.79 falls within the Historic Trend Line -Fairly Valued range.

15.91

EV/EBIT

MYR Group Inc. (MYRG) has a current EV/EBIT of 15.91. The 5-year average EV/EBIT is 18.24. The thresholds are as follows: Strongly Undervalued below -9.72, Undervalued between -9.72 and 4.26, Fairly Valued between 32.22 and 4.26, Overvalued between 32.22 and 46.20, and Strongly Overvalued above 46.20. The current Forward EV/EBIT of 15.91 falls within the Historic Trend Line -Fairly Valued range.

0.75

MYR Group Inc. (MYRG) has a current PS of 0.75. The 5-year average PS is 0.59. The thresholds are as follows: Strongly Undervalued below 0.36, Undervalued between 0.36 and 0.47, Fairly Valued between 0.70 and 0.47, Overvalued between 0.70 and 0.82, and Strongly Overvalued above 0.82. The current Forward PS of 0.75 falls within the Overvalued range.

13.87

P/OCF

MYR Group Inc. (MYRG) has a current P/OCF of 13.87. The 5-year average P/OCF is 67.03. The thresholds are as follows: Strongly Undervalued below -384.19, Undervalued between -384.19 and -158.58, Fairly Valued between 292.64 and -158.58, Overvalued between 292.64 and 518.25, and Strongly Overvalued above 518.25. The current Forward P/OCF of 13.87 falls within the Historic Trend Line -Fairly Valued range.

25.14

P/FCF

MYR Group Inc. (MYRG) has a current P/FCF of 25.14. The 5-year average P/FCF is 10.45. The thresholds are as follows: Strongly Undervalued below -270.51, Undervalued between -270.51 and -130.03, Fairly Valued between 150.93 and -130.03, Overvalued between 150.93 and 291.40, and Strongly Overvalued above 291.40. The current Forward P/FCF of 25.14 falls within the Historic Trend Line -Fairly Valued range.

MYR Group Inc (MYRG) has a current Price-to-Book (P/B) ratio of 4.71. Compared to its 3-year average P/B ratio of 3.67 , the current P/B ratio is approximately 28.35% higher. Relative to its 5-year average P/B ratio of 3.37, the current P/B ratio is about 39.91% higher. MYR Group Inc (MYRG) has a Forward Free Cash Flow (FCF) yield of approximately 3.98%. Compared to its 3-year average FCF yield of 1.71%, the current FCF yield is approximately 133.19% lower. Relative to its 5-year average FCF yield of 4.25% , the current FCF yield is about -6.46% lower.

4.71

P/B

Median3y

3.67

Median5y

3.37

3.98

FCF Yield

Median3y

1.71

Median5y

4.25

Performance Decomposition

Market capitalization of MYRG increased by 73.17% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 8.75 to 37.15.

The secondary factor is the Revenue Growth, contributed 8.62%to the performance.

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

8.62%

828.89M → 900.33M

Revenue Growth

-259.78%

-1.84 → 2.94

Margin Expansion

324.33%

8.75 → 37.15

P/E Change

73.17%