(MYRG) MYR - Overview
Sector: Industrials | Industry: Engineering & Construction | Exchange: NASDAQ (USA) | Market Cap: 7.366m USD | Total Return: 185.9% in 12m
Industry Rotation: -7.3
Avg Turnover: 105M
EPS Trend: 26.6%
Qual. Beats: 1
Rev. Trend: 61.8%
Qual. Beats: 2
Warnings
No concerns identified
Tailwinds
Supp Ema8, Supp Ema20, Leader, Tailwind, Confidence
MYR Group Inc. (MYRG) is a specialized electrical construction firm operating in the United States and Canada through two primary segments: Transmission and Distribution (T&D) and Commercial and Industrial (C&I). The T&D segment provides engineering, construction, and maintenance for high-voltage power lines, substations, and clean energy infrastructure, serving utility providers and private developers. The C&I segment focuses on electrical wiring and systems for large-scale facilities, including data centers, hospitals, and transportation hubs.
The company functions within the broader infrastructure sector, where demand is increasingly driven by the modernization of the aging North American power grid and the expansion of electric vehicle charging networks. Unlike general contractors, specialized electrical firms like MYRG often operate under multi-year master service agreements, which provide a consistent baseline of recurring maintenance and repair revenue. You can find more comprehensive financial metrics and valuation models on ValueRay. Founded in 1891, the company maintains a diverse client base ranging from government agencies to private industrial facility owners.
- Grid modernization and renewable integration drive Transmission and Distribution project backlogs
- Labor shortages and rising material costs pressure infrastructure project profit margins
- Expansion of data center and clean energy infrastructure boosts Commercial and Industrial revenue
- Federal infrastructure spending and regulatory shifts influence long-term capital expenditure cycles
- Emergency restoration service demand fluctuates based on severe weather and wildfire activity
| Net Income: 141.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.14 > 0.02 and ΔFCF/TA 7.24 > 1.0 |
| NWC/Revenue: 6.73% < 20% (prev 6.79%; Δ -0.05% < -1%) |
| CFO/TA 0.20 > 3% & CFO 328.0m > Net Income 141.9m |
| Net Debt (-101.7m) to EBITDA (261.3m): -0.39 < 3 |
| Current Ratio: 1.31 > 1.5 & < 3 |
| Outstanding Shares: last quarter (15.7m) vs 12m ago -2.37% < -2% |
| Gross Margin: 11.94% > 18% (prev 0.09%; Δ 1.18k% > 0.5%) |
| Asset Turnover: 239.4% > 50% (prev 222.1%; Δ 17.29% > 0%) |
| Interest Coverage Ratio: 39.49 > 6 (EBITDA TTM 261.3m / Interest Expense TTM 4.89m) |
| A: 0.15 (Total Current Assets 1.09b - Total Current Liabilities 827.7m) / Total Assets 1.67b |
| B: 0.33 (Retained Earnings 549.8m / Total Assets 1.67b) |
| C: 0.12 (EBIT TTM 193.2m / Avg Total Assets 1.60b) |
| D: 0.56 (Book Value of Equity 540.4m / Total Liabilities 970.6m) |
| Altman-Z'' Score: 3.48 = A |
| DSRI: 0.83 (Receivables 871.0m/922.8m, Revenue 3.82b/3.38b) |
| GMI: 0.74 (GM 11.94% / 8.87%) |
| AQI: 0.88 (AQ_t 0.14 / AQ_t-1 0.16) |
| SGI: 1.13 (Revenue 3.82b / 3.38b) |
| TATA: -0.11 (NI 141.9m - CFO 328.0m) / TA 1.67b) |
| Beneish M-Score: -3.49 (Cap -4..+1) = AA |
Over the past week, the price has changed by +6.76%, over one month by +45.89%, over three months by +72.93% and over the past year by +185.89%.
- StrongBuy: 4
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 455 | -2.7% |
P/E Forward = 17.3913
P/S = 1.926
P/B = 9.7024
P/EG = 3.4086
Revenue TTM = 3.82b USD
EBIT TTM = 193.2m USD
EBITDA TTM = 261.3m USD
Long Term Debt = 4.72m USD (from longTermDebt, last quarter)
Short Term Debt = 18.2m USD (from shortTermDebt, last quarter)
Debt = 61.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -101.7m USD (from netDebt column, last quarter)
Enterprise Value = 7.26b USD (7.37b + Debt 61.5m - CCE 163.2m)
Interest Coverage Ratio = 39.49 (Ebit TTM 193.2m / Interest Expense TTM 4.89m)
EV/FCF = 31.50x (Enterprise Value 7.26b / FCF TTM 230.6m)
FCF Yield = 3.17% (FCF TTM 230.6m / Enterprise Value 7.26b)
FCF Margin = 6.03% (FCF TTM 230.6m / Revenue TTM 3.82b)
Net Margin = 3.71% (Net Income TTM 141.9m / Revenue TTM 3.82b)
Gross Margin = 11.94% ((Revenue TTM 3.82b - Cost of Revenue TTM 3.37b) / Revenue TTM)
Gross Margin QoQ = 13.32% (prev 11.31%)
Tobins Q-Ratio = 4.34 (Enterprise Value 7.26b / Total Assets 1.67b)
Interest Expense / Debt = 1.07% (Interest Expense 659k / Debt 61.5m)
Taxrate = 26.90% (17.2m / 64.0m)
NOPAT = 141.2m (EBIT 193.2m * (1 - 26.90%))
Current Ratio = 1.31 (Total Current Assets 1.09b / Total Current Liabilities 827.7m)
Debt / Equity = 0.09 (Debt 61.5m / totalStockholderEquity, last quarter 702.8m)
Debt / EBITDA = -0.39 (Net Debt -101.7m / EBITDA 261.3m)
Debt / FCF = -0.44 (Net Debt -101.7m / FCF TTM 230.6m)
Total Stockholder Equity = 641.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 8.88% (Net Income 141.9m / Total Assets 1.67b)
RoE = 22.14% (Net Income TTM 141.9m / Total Stockholder Equity 641.0m)
RoCE = 29.92% (EBIT 193.2m / Capital Employed (Equity 641.0m + L.T.Debt 4.72m))
RoIC = 20.25% (NOPAT 141.2m / Invested Capital 697.6m)
WACC = 13.45% (E(7.37b)/V(7.43b) * Re(13.56%) + D(61.5m)/V(7.43b) * Rd(1.07%) * (1-Tc(0.27)))
Discount Rate = 13.56% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -73.33 | Cagr: -3.13%
[DCF] Terminal Value 50.36% ; FCFF base≈178.2m ; Y1≈117.0m ; Y5≈53.5m
[DCF] Fair Price = 42.28 (EV 556.7m - Net Debt -101.7m = Equity 658.4m / Shares 15.6m; r=13.45% [WACC]; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 26.64 | EPS CAGR: 29.02% | SUE: 1.20 | # QB: 1
Revenue Correlation: 61.76 | Revenue CAGR: 9.65% | SUE: 1.35 | # QB: 2
EPS current Quarter (2026-06-30): EPS=2.64 | Chg30d=+21.00% | Revisions=+56% | Analysts=7
EPS next Quarter (2026-09-30): EPS=2.94 | Chg30d=+14.82% | Revisions=+56% | Analysts=7
EPS current Year (2026-12-31): EPS=11.48 | Chg30d=+24.10% | Revisions=+64% | GrowthEPS=+52.5% | GrowthRev=+12.1%
EPS next Year (2027-12-31): EPS=13.20 | Chg30d=+23.28% | Revisions=+60% | GrowthEPS=+15.0% | GrowthRev=+9.8%
[Analyst] Revisions Ratio: +64%