MYRG Stock Analysis: MYR | NASDAQ
Engineering & Construction | NASDAQ, USA | Market Cap: 7.792m USD | 12M Return: 137% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 143M
EPS Trend: 20.5%
Qual. Beats: 1
Rev. Trend: 33.2%
Qual. Beats: 2
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
MYR Group Inc. is a specialty electrical construction contractor operating across the United States and Canada through two segments: Transmission and Distribution (T&D) and Commercial and Industrial (C&I). The company is headquartered in Thornton, Colorado, was founded in 1891, and is listed on NASDAQ.
The T&D segment provides engineering, procurement, construction, upgrade, maintenance, and repair services for electric transmission and distribution networks and substation facilities, including high-voltage transmission lines, lower-voltage overhead and underground distribution systems, clean energy projects, EV charging infrastructure, and emergency restoration work. Its customers include investor-owned utilities, cooperatives, government-funded utilities, independent power producers, independent transmission companies, private developers, industrial facility owners, and other contractors.
The C&I segment provides design, installation, maintenance, and repair of commercial and industrial electrical systems, as well as intelligent transportation systems, roadway lighting, and signalization, serving end markets such as airports, hospitals, data centers, hotels, stadiums, manufacturing plants, processing facilities, water/wastewater treatment plants, and mining facilities. Its customers include general contractors, commercial and industrial facility owners, governmental agencies, and developers.
As a specialty contractor in the Construction & Engineering sub-industry, MYRGs workload is closely tied to utility capital expenditure cycles, grid modernization, renewable energy buildouts, and broader electrification trends such as EV charging deployment.
- Utility grid modernization drives T&D segment backlog growth
- Data center demand fuels Commercial and Industrial segment revenue
- Labor inflation pressures margins on fixed-price electrical contracts
| 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 (-49.5m) to EBITDA (265.5m): -0.19 < 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 8.87%; Δ 3.07% > 0.5%) |
| Asset Turnover: 239.4% > 50% (prev 222.1%; Δ 17.29% > 0%) |
| Interest Coverage Ratio: 40.35 > 6 (EBIT TTM 197.4m / 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 197.4m / Avg Total Assets 1.60b) |
| D: 0.72 (Book Value of Equity 702.8m / Total Liabilities 970.6m) |
| Altman-Z'' = 3.67 = AA |
| DSRI: 0.83 (Receivables 871.0m/922.8m, Revenue 3.82b/3.38b) |
| GMI: 0.74 (GM 8.87% / 11.94%) |
| 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 = -3.38 (Cap -4..+1) = AA |
As of July 07, 2026, the stock is trading at USD 442.72 with a total of 217,431 shares traded. Over the past week, the price has changed by -7.37%, over one month by +1.34%, over three months by +53.69% and over the past year by +136.99%.
Current recommended Stop Loss: 392.70 (which is 11.3% or 1.9 ATR below the current price).
MYR has received a consensus analysts rating of 4.60. Therefore, it is recommended to buy MYRG.
- StrongBuy: 4
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 455 | 2.8% |
P/E Trailing = 55.1709
P/E Forward = 40.1606
P/S = 1.9458
P/B = 10.5644
P/EG = 3.4086
Revenue TTM = 3.82b USD
EBIT TTM = 197.4m USD
EBITDA TTM = 265.5m USD
Long Term Debt = 4.72m USD (from longTermDebt, last quarter)
Short Term Debt = 18.2m USD (from shortTermDebt, last quarter)
Debt = 113.7m USD (from shortLongTermDebtTotal, last quarter) + Leases 52.1m
Net Debt = -49.5m USD (calculated: Debt 113.7m - CCE 163.2m)
Enterprise Value = 7.74b USD (7.79b + Debt 113.7m - CCE 163.2m)
Interest Coverage Ratio = 40.35 (Ebit TTM 197.4m / Interest Expense TTM 4.89m)
EV/FCF = 33.58x (Enterprise Value 7.74b / FCF TTM 230.6m)
FCF Yield = 2.98% (FCF TTM 230.6m / Enterprise Value 7.74b)
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 = 4.63 (Enterprise Value 7.74b / Total Assets 1.67b)
Interest Expense / Debt = 4.30% (Interest Expense 4.89m / Debt 113.7m)
Taxrate = 26.30% (50.6m / 192.5m)
NOPAT = 145.5m (EBIT 197.4m * (1 - 26.30%))
Current Ratio = 1.31 (Total Current Assets 1.09b / Total Current Liabilities 827.7m)
Debt / Equity = 0.16 (Debt 113.7m / totalStockholderEquity, last quarter 702.8m)
Debt / EBITDA = -0.19 (Net Debt -49.5m / EBITDA 265.5m)
Debt / FCF = -0.21 (Net Debt -49.5m / 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 = 30.57% (EBIT 197.4m / Capital Employed (Equity 641.0m + L.T.Debt 4.72m))
RoIC = 20.77% (NOPAT 145.5m / Invested Capital 700.8m)
WACC = 13.63% (E(7.79b)/V(7.91b) * Re(13.78%) + D(113.7m)/V(7.91b) * Rd(4.30%) * (1-Tc(0.26)))
Discount Rate = 13.78% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: -73.33 | Cagr: -3.13%
[DCF] Terminal Value 62.84% ; FCFF base≈178.2m ; Y1≈204.2m ; Y5≈300.6m
[DCF] Fair Price = 152.6 (EV 2.33b - Net Debt -49.5m = Equity 2.38b / Shares 15.6m; r=13.63% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 20.49 | EPS CAGR: 12.42% | SUE: 1.17 | # QB: 1
Revenue Correlation: 33.20 | Revenue CAGR: 1.46% | SUE: 1.35 | # QB: 2
EPS current Quarter (2026-06-30): EPS=2.63 | Chg30d=+19.52% | Revisions=+62% | Analysts=7
EPS next Quarter (2026-09-30): EPS=2.94 | Chg30d=+17.88% | Revisions=+62% | Analysts=7
EPS current Year (2026-12-31): EPS=11.47 | Chg30d=+23.02% | Revisions=+70% | GrowthEPS=+52.3% | GrowthRev=+12.3%
EPS next Year (2027-12-31): EPS=13.18 | Chg30d=+22.32% | Revisions=+67% | GrowthEPS=+14.9% | GrowthRev=+9.8%
[Analyst] Revisions Ratio: +88% (up=23, down=0)