(MYE) Myers Industries - Overview
Sector: Consumer Cyclical | Industry: Packaging & Containers | Exchange: NYSE (USA) | Market Cap: 803m USD | Total Return: 82.2% in 12m
Avg Turnover: 5.29M
EPS Trend: -66.8%
Qual. Beats: 2
Rev. Trend: -45.4%
Qual. Beats: -1
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
Myers Industries (NYSE: MYE) is an Akron-based diversified manufacturer and distributor operating through two primary segments: Material Handling and Distribution. The Material Handling division designs and produces reusable plastic containers, pallets, and storage solutions using various molding technologies. The Distribution division provides tools, equipment, and repair materials specifically for the tire, wheel, and under-vehicle service markets.
The company operates within the industrial packaging and automotive aftermarket sectors, where demand is often driven by logistics automation and vehicle miles traveled. Its business model relies on a mix of direct-to-end-user sales and a broad distributor network to serve diverse markets ranging from food processing to heavy trucking. For a deeper dive into the companys valuation metrics, you may find ValueRay useful for further analysis. Myers Industries maintains a portfolio of established brands, including Akro-Mils and Myers Tire Supply, to capture specialized niches in rubber and plastic manufacturing.
- Fluctuations in plastic resin and raw material costs impact manufacturing margins
- Strategic acquisitions and portfolio integration drive long-term revenue growth initiatives
- Demand for material handling products tracks broader industrial and agricultural cycles
- Tire service supply sales depend on commercial and passenger vehicle maintenance volume
- Shift toward reusable plastic packaging increases adoption across retail and food sectors
| Net Income: 41.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA 5.80 > 1.0 |
| NWC/Revenue: 15.03% < 20% (prev 15.14%; Δ -0.11% < -1%) |
| CFO/TA 0.12 > 3% & CFO 102.8m > Net Income 41.9m |
| Net Debt (344.3m) to EBITDA (121.3m): 2.84 < 3 |
| Current Ratio: 1.65 > 1.5 & < 3 |
| Outstanding Shares: last quarter (37.6m) vs 12m ago 0.62% < -2% |
| Gross Margin: 33.16% > 18% (prev 0.34%; Δ 3.28k% > 0.5%) |
| Asset Turnover: 91.08% > 50% (prev 94.58%; Δ -3.50% > 0%) |
| Interest Coverage Ratio: 2.88 > 6 (EBITDA TTM 121.3m / Interest Expense TTM 28.7m) |
| A: 0.14 (Total Current Assets 300.0m - Total Current Liabilities 182.3m) / Total Assets 836.7m |
| B: -0.05 (Retained Earnings -40.9m / Total Assets 836.7m) |
| C: 0.10 (EBIT TTM 82.8m / Avg Total Assets 860.3m) |
| D: -0.07 (Book Value of Equity -38.2m / Total Liabilities 547.9m) |
| Altman-Z'' = 1.34 = BB |
| DSRI: 0.80 (Receivables 107.0m/142.5m, Revenue 783.6m/835.9m) |
| GMI: 1.01 (GM 33.16% / 33.50%) |
| AQI: 0.96 (AQ_t 0.47 / AQ_t-1 0.49) |
| SGI: 0.94 (Revenue 783.6m / 835.9m) |
| TATA: -0.07 (NI 41.9m - CFO 102.8m) / TA 836.7m) |
| Beneish M = -3.32 (Cap -4..+1) = AA |
As of May 25, 2026, the stock is trading at USD 21.99 with a total of 172,917 shares traded.
Over the past week, the price has changed by +0.77%,
over one month by +3.68%,
over three months by -1.09% and
over the past year by +82.18%.
Myers Industries has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold MYE.
- StrongBuy: 0
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 26 | 18.2% |
P/E Forward = 13.8696
P/S = 0.9695
P/B = 2.8381
P/EG = 4.6218
Revenue TTM = 783.6m USD
EBIT TTM = 82.8m USD
EBITDA TTM = 121.3m USD
Long Term Debt = 291.9m USD (from longTermDebt, last quarter)
Short Term Debt = 46.2m USD (from shortTermDebt, last quarter)
Debt = 388.9m USD (from shortLongTermDebtTotal, last quarter) + Leases 28.8m
Net Debt = 344.3m USD (calculated: Debt 388.9m - CCE 44.6m)
Enterprise Value = 1.15b USD (803.4m + Debt 388.9m - CCE 44.6m)
Interest Coverage Ratio = 2.88 (Ebit TTM 82.8m / Interest Expense TTM 28.7m)
EV/FCF = 12.95x (Enterprise Value 1.15b / FCF TTM 88.6m)
FCF Yield = 7.72% (FCF TTM 88.6m / Enterprise Value 1.15b)
FCF Margin = 11.31% (FCF TTM 88.6m / Revenue TTM 783.6m)
Net Margin = 5.35% (Net Income TTM 41.9m / Revenue TTM 783.6m)
Gross Margin = 33.16% ((Revenue TTM 783.6m - Cost of Revenue TTM 523.7m) / Revenue TTM)
Gross Margin QoQ = 32.11% (prev 33.21%)
Tobins Q-Ratio = 1.37 (Enterprise Value 1.15b / Total Assets 836.7m)
Interest Expense / Debt = 7.39% (Interest Expense 28.7m / Debt 388.9m)
Taxrate = 24.01% (4.36m / 18.2m)
NOPAT = 62.9m (EBIT 82.8m * (1 - 24.01%))
Current Ratio = 1.65 (Total Current Assets 300.0m / Total Current Liabilities 182.3m)
Debt / Equity = 1.35 (Debt 388.9m / totalStockholderEquity, last quarter 288.9m)
Debt / EBITDA = 2.84 (Net Debt 344.3m / EBITDA 121.3m)
Debt / FCF = 3.89 (Net Debt 344.3m / FCF TTM 88.6m)
Total Stockholder Equity = 288.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.87% (Net Income 41.9m / Total Assets 836.7m)
RoE = 12.72% (Net Income TTM 41.9m / Total Stockholder Equity 329.5m)
RoCE = 13.32% (EBIT 82.8m / Capital Employed (Equity 329.5m + L.T.Debt 291.9m))
RoIC = 8.98% (NOPAT 62.9m / Invested Capital 700.7m)
WACC = 7.80% (E(803.4m)/V(1.19b) * Re(8.86%) + D(388.9m)/V(1.19b) * Rd(7.39%) * (1-Tc(0.24)))
Discount Rate = 8.86% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 80.90 | Cagr: 0.60%
[DCF] Terminal Value 77.97% ; FCFF base≈70.1m ; Y1≈80.3m ; Y5≈118.2m
[DCF] Fair Price = 38.21 (EV 1.78b - Net Debt 344.3m = Equity 1.44b / Shares 37.6m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -66.81 | EPS CAGR: -10.36% | SUE: 1.35 | # QB: 2
Revenue Correlation: -45.37 | Revenue CAGR: -1.20% | SUE: -3.21 | # QB: -1
EPS current Quarter (2026-06-30): EPS=0.32 | Chg30d=-3.03% | Revisions=-20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.41 | Chg30d=+32.26% | Revisions=+20% | Analysts=1
EPS current Year (2026-12-31): EPS=1.58 | Chg30d=+25.40% | Revisions=+20% | GrowthEPS=+43.6% | GrowthRev=-21.9%
EPS next Year (2027-12-31): EPS=1.86 | Chg30d=+26.53% | Revisions=+20% | GrowthEPS=+17.7% | GrowthRev=+4.0%