Myers Industries, Inc. (MYE) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Comparison

Company

Score

Quality

Valuation

Financial

Technical

Daktronics, Inc.

LCI Industries

Advanced Drainage Systems, Inc.

YETI Holdings, Inc.

Armstrong World Industries, Inc.

TriMas Corp.

Omega Flex, Inc.

Myers Industries, Inc.

Brady Corp.

Berry Global Group, Inc.

Matthews International Corp.

Why is Myers Industries, Inc. ?

High Management Efficiency with a high ROCE of 16.60%

Strong ability to service debt as the company has a low Debt to EBITDA ratio of 1.94 times

The company has declared Negative results for the last 5 consecutive quarters

INTEREST(9M) At USD 22.51 MM has Grown at 36.77%
INVENTORY TURNOVER RATIO(HY) Lowest at 5.38 times

With ROCE of 11.70%, it has a very expensive valuation with a 1.53 Enterprise value to Capital Employed

The stock is trading at a discount compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of 59.17%, its profits have fallen by -21.3%

Market Beating Performance

The stock has generated a return of 59.17% in the last 1 year, much higher than market (S&P 500) returns of 12.94%

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Myers Industries, Inc. should be less than 10%
Overall Portfolio exposure to Miscellaneous should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Miscellaneous)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Myers Industries, Inc. for you?

High Risk, Medium Return

Absolute

Risk Adjusted

Volatility

Myers Industries, Inc.

47.58%

0.31

48.99%

S&P 500

13.22%

0.64

20.20%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

11.31%

EBIT Growth (5y)

12.92%

EBIT to Interest (avg)

8.97

Debt to EBITDA (avg)

1.94

Net Debt to Equity (avg)

1.28

Sales to Capital Employed (avg)

1.69

Tax Ratio

41.67%

Dividend Payout Ratio

280.52%

Pledged Shares

Institutional Holding

100.00%

ROCE (avg)

16.60%

ROE (avg)

16.50%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

2.22

EV to EBIT

13.10

EV to EBITDA

8.51

EV to Capital Employed

1.53

EV to Sales

1.16

PEG Ratio

Dividend Yield

ROCE (Latest)

11.70%

ROE (Latest)

12.03%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

Mildly Bullish

RSI

No Signal

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Mildly Bearish

Mildly Bullish

Dow Theory

Mildly Bearish

Mildly Bullish

OBV

No Trend

Mildly Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

9What is working for the Company

INTEREST COVERAGE RATIO(Q)

Highest at 468.98

DIVIDEND PAYOUT RATIO(Y)

Highest at 52.04%

OPERATING PROFIT(Q)

Highest at USD 34.54 MM

OPERATING PROFIT MARGIN(Q)

Highest at 16.48 %

PRE-TAX PROFIT(Q)

Highest at USD 17.03 MM

NET PROFIT(Q)

Highest at USD 13.1 MM

-3What is not working for the Company

INTEREST(9M)

At USD 22.51 MM has Grown at 36.77%

INVENTORY TURNOVER RATIO(HY)

Lowest at 5.38 times

Here's what is working for Myers Industries, Inc.

Interest Coverage Ratio

Highest at 468.98

in the last five periods

MOJO Watch

The company's ability to manage interest payments is improving

Operating Profit to Interest

Operating Profit

Highest at USD 34.54 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is positive

Operating Profit (USD MM)

Operating Profit Margin

Highest at 16.48 %

in the last five periods

MOJO Watch

Company's profit margin has improved

Operating Profit to Sales

Pre-Tax Profit

Highest at USD 17.03 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (USD MM)

Pre-Tax Profit

At USD 17.03 MM has Grown at 65.62%

over average net sales of the previous four periods of USD 10.28 MM

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (USD MM)

Net Profit

Highest at USD 13.1 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is positive

Net Profit (USD MM)

Net Profit

At USD 13.1 MM has Grown at 56.99%

over average net sales of the previous four periods of USD 8.35 MM

MOJO Watch

Near term Net Profit trend is positive

Net Profit (USD MM)

Dividend Payout Ratio

Highest at 52.04%

in the last five years

MOJO Watch

Company is distributing higher proportion of profits generated as dividend

DPR (%)

Here's what is not working for Myers Industries, Inc.

Interest

At USD 22.51 MM has Grown at 36.77%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (USD MM)

Inventory Turnover Ratio

Lowest at 5.38 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling inventory has slowed

Inventory Turnover Ratio