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NASDAQ: MYRG
Myr Group Inc Stock

$167.26+3.39 (+2.07%)
Updated Feb 27, 2024
MYRG Price
$167.26
Fair Value Price
$168.62
Market Cap
$2.79B
52 Week Low
$110.87
52 Week High
$168.16
P/E
30.47x
P/B
4.47x
P/S
0.64x
PEG
3.5x
Dividend Yield
N/A
Revenue
$3.50B
Earnings
$91.52M
Gross Margin
10.4%
Operating Margin
3.7%
Profit Margin
2.6%
Debt to Equity
1.5
Operating Cash Flow
$122M
Beta
1.17
Next Earnings
Feb 28, 2024
Ex-Dividend
N/A
Next Dividend
N/A

MYRG Overview

MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. It operates in two segments, Transmission and Distribution, and Commercial and Industrial. The Transmission and Distribution segment offers a range of services on electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to customers in the electric utility industry; and services, including construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems, renewable power facilities, and limited gas construction services, as well as emergency restoration services in response to hurricane, ice, or other storm related damages. This segment serves as a prime contractor to customers, such as investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners, and other contractors. The Commercial and Industrial segment provides a range of services, including design, installation, maintenance, and repair of commercial and industrial wiring; and installation of traffic networks, bridge, roadway, and tunnel lighting for airports, hospitals, data centers, hotels, stadiums, convention centers, renewable energy projects, manufacturing plants, processing facilities, waste-water treatment facilities, mining facilities, and transportation control and management systems. This segment serves general contractors, commercial and industrial facility owners, governmental agencies, and developers. The company was founded in 1891 and is headquartered in Henderson, Colorado.

Zen Score

Industry Average (31)
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Due Diligence Checks

MYRG ($167.26) is undervalued by 0.81% relative to our estimate of its Fair Value price of $168.62 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
MYRG ($167.26) is not significantly undervalued (0.81%) relative to our estimate of its Fair Value price of $168.62 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
MYRG ($167.26) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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MYRG News

Valuation

MYRG fair value

Fair Value of MYRG stock based on Discounted Cash Flow (DCF)
Price
$167.26
Fair Value
$168.62
Undervalued by
0.81%
MYRG ($167.26) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
MYRG ($167.26) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
MYRG ($167.26) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

MYRG price to earnings (PE)

For valuing profitable companies with steady earnings
Company
30.47x
Industry
41.43x
Market
36.02x
MYRG is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
MYRG is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

MYRG price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
4.47x
Industry
3.98x
MYRG is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

MYRG price to earnings growth (PEG)

For valuing profitable companies with growth potential
MYRG is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

MYRG's financial health

Profit margin

Revenue
$939.5M
Net Income
$21.5M
Profit Margin
2.3%
MYRG's Earnings (EBIT) of $129.67M... subscribe to Premium to read more.
Interest Coverage Financials
MYRG's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$1.6B
Liabilities
$935.3M
Debt to equity
1.5
MYRG's short-term assets ($1.03B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
MYRG's short-term assets ($1.03B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
MYRG's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
MYRG's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$12.5M
Investing
-$21.4M
Financing
$16.9M
MYRG's operating cash flow ($122.15M)... subscribe to Premium to read more.
Debt Coverage Financials

MYRG vs Engineering & Construction Stocks

TickerMarket Cap1d %P/EP/B
MYRG$2.79B+2.07%30.47x4.47x
ROAD$2.45B-0.60%42.20x4.71x
STRL$3.28B+18.09%23.55x5.31x
GVA$2.20B+2.00%50.51x2.25x
IESC$2.14B-1.39%19.89x4.94x

Myr Group Stock FAQ

What is Myr Group's quote symbol?

(NASDAQ: MYRG) Myr Group trades on the NASDAQ under the ticker symbol MYRG. Myr Group stock quotes can also be displayed as NASDAQ: MYRG.

If you're new to stock investing, here's how to buy Myr Group stock.

What is the 52 week high and low for Myr Group (NASDAQ: MYRG)?

(NASDAQ: MYRG) Myr Group's 52-week high was $168.16, and its 52-week low was $110.87. It is currently -0.54% from its 52-week high and 50.86% from its 52-week low.

How much is Myr Group stock worth today?

(NASDAQ: MYRG) Myr Group currently has 16,709,534 outstanding shares. With Myr Group stock trading at $167.26 per share, the total value of Myr Group stock (market capitalization) is $2.79B.

Myr Group stock was originally listed at a price of $16.60 in Aug 13, 2008. If you had invested in Myr Group stock at $16.60, your return over the last 15 years would have been 907.59%, for an annualized return of 16.65% (not including any dividends or dividend reinvestments).

How much is Myr Group's stock price per share?

(NASDAQ: MYRG) Myr Group stock price per share is $167.26 today (as of Feb 27, 2024).

What is Myr Group's Market Cap?

(NASDAQ: MYRG) Myr Group's market cap is $2.79B, as of Feb 29, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Myr Group's market cap is calculated by multiplying MYRG's current stock price of $167.26 by MYRG's total outstanding shares of 16,709,534.
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