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NYSE: MYE
Myers Industries Inc Stock

$18.05-0.22 (-1.2%)
Updated Dec 8, 2023
MYE Price
$18.05
Fair Value Price
N/A
Market Cap
$664.93M
52 Week Low
$15.65
52 Week High
$26.49
P/E
13.27x
P/B
2.36x
P/S
0.79x
PEG
0.43x
Dividend Yield
2.99%
Revenue
$834.83M
Earnings
$49.76M
Gross Margin
32%
Operating Margin
8.48%
Profit Margin
6%
Debt to Equity
0.88
Operating Cash Flow
$93M
Beta
1.05
Next Earnings
N/A
Ex-Dividend
Dec 1, 2023
Next Dividend
Jan 3, 2024

MYE Overview

Myers Industries Incorporated manufactures reusable plastic containers. Offerings include pallets, small parts bins, bulk shipping containers, storage and organization products, original equipment manufacturer parts, custom plastic products, consumer fuel containers and tanks for water, fuel and waste handling. The company also distribute tools, equipment, and supplies used for tire, wheel and under-vehicle service of passenger, heavy truck and off-road vehicles. Myers was founded in 1933 and is headquartered in Akron, OH.

Zen Score

Industry Average (35)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how MYE scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

MYE ($18.05) is trading below its intrinsic value of $21.43, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
MYE is good value based on its earnings relative to its share price (13.27x), compared to the US market average (31.32x)
P/E vs Market Valuation
MYE is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more MYE due diligence checks available for Premium users.

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MYE News

Valuation

MYE price to earnings (PE)

For valuing profitable companies with steady earnings
Company
13.27x
Industry
19.43x
Market
31.32x
MYE is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
MYE is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

MYE price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
2.36x
Industry
2.65x
MYE is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

MYE price to earnings growth (PEG)

For valuing profitable companies with growth potential
MYE is good value based... subscribe to Premium to read more.
PEG Value Valuation

MYE's financial health

Profit margin

Revenue
$197.8M
Net Income
$12.7M
Profit Margin
6.4%
MYE's Earnings (EBIT) of $70.82M... subscribe to Premium to read more.
Interest Coverage Financials
MYE's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$531.1M
Liabilities
$248.9M
Debt to equity
0.88
MYE's short-term assets ($247.41M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
MYE's short-term assets ($247.41M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
MYE's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
MYE's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$22.1M
Investing
-$4.1M
Financing
-$23.8M
MYE's operating cash flow ($92.63M)... subscribe to Premium to read more.
Debt Coverage Financials

MYE vs Packaging & Container Stocks

TickerMarket Cap1d %P/EP/B
MYE$664.93M-1.20%13.27x2.36x
KRT$436.42M-0.32%13.09x2.83x
PACK$389.90M+2.39%-15.23x0.68x
TRS$1.06B+2.11%20.68x1.57x
TUP$88.84M+3.78%-0.38x-0.21x

Myers Industries Stock FAQ

What is Myers Industries's quote symbol?

(NYSE: MYE) Myers Industries trades on the NYSE under the ticker symbol MYE. Myers Industries stock quotes can also be displayed as NYSE: MYE.

If you're new to stock investing, here's how to buy Myers Industries stock.

What is the 52 week high and low for Myers Industries (NYSE: MYE)?

(NYSE: MYE) Myers Industries's 52-week high was $26.49, and its 52-week low was $15.65. It is currently -31.86% from its 52-week high and 15.34% from its 52-week low.

How much is Myers Industries stock worth today?

(NYSE: MYE) Myers Industries currently has 36,838,466 outstanding shares. With Myers Industries stock trading at $18.05 per share, the total value of Myers Industries stock (market capitalization) is $664.93M.

Myers Industries stock was originally listed at a price of $9.32 in Dec 31, 1997. If you had invested in Myers Industries stock at $9.32, your return over the last 25 years would have been 93.63%, for an annualized return of 2.68% (not including any dividends or dividend reinvestments).

How much is Myers Industries's stock price per share?

(NYSE: MYE) Myers Industries stock price per share is $18.05 today (as of Dec 8, 2023).

What is Myers Industries's Market Cap?

(NYSE: MYE) Myers Industries's market cap is $664.93M, as of Dec 11, 2023.

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

Myers Industries's market cap is calculated by multiplying MYE's current stock price of $18.05 by MYE's total outstanding shares of 36,838,466.
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