Myers Industries Operating Margin vs. Current Valuation

MYE Stock  USD 12.30  0.35  2.93%   
Based on Myers Industries' profitability indicators, Myers Industries may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Myers Industries' ability to earn profits and add value for shareholders.

Myers Industries Operating Profit Margin

0.0785

At present, Myers Industries' Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Days Of Sales Outstanding is expected to grow to 62.38, whereas EV To Sales is forecasted to decline to 0.73. At present, Myers Industries' Income Before Tax is projected to increase significantly based on the last few years of reporting. The current year's Net Income is expected to grow to about 51.3 M, whereas Total Other Income Expense Net is forecasted to decline to (6.7 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.340.3187
Notably Up
Slightly volatile
Operating Profit Margin0.07850.0891
Fairly Down
Slightly volatile
Pretax Profit Margin0.06670.0812
Significantly Down
Slightly volatile
For Myers Industries profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Myers Industries to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Myers Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Myers Industries's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Myers Industries over time as well as its relative position and ranking within its peers.
  

Myers Industries' Revenue Breakdown by Earning Segment

Check out Correlation Analysis.
For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide.
Is Metal, Glass & Plastic Containers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Myers Industries. If investors know Myers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Myers Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
0.54
Earnings Share
0.42
Revenue Per Share
22.234
Quarterly Revenue Growth
0.037
The market value of Myers Industries is measured differently than its book value, which is the value of Myers that is recorded on the company's balance sheet. Investors also form their own opinion of Myers Industries' value that differs from its market value or its book value, called intrinsic value, which is Myers Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Myers Industries' market value can be influenced by many factors that don't directly affect Myers Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Myers Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Myers Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myers Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Myers Industries Current Valuation vs. Operating Margin Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Myers Industries's current stock value. Our valuation model uses many indicators to compare Myers Industries value to that of its competitors to determine the firm's financial worth.
Myers Industries is rated below average in operating margin category among its peers. It also is rated below average in current valuation category among its peers reporting about  10,268,245,470  of Current Valuation per Operating Margin. At present, Myers Industries' Operating Profit Margin is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Myers Industries by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Myers Current Valuation vs. Operating Margin

Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.

Myers Industries

Operating Margin

 = 

Operating Income

Revenue

X

100

 = 
0.08 %
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Myers Industries

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
863.56 M
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.

Myers Current Valuation vs Competition

Myers Industries is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is now estimated at about 104.83 Billion. Myers Industries maintains roughly 863.56 Million in current valuation contributing less than 1% to all equities under Materials industry.

Myers Industries Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Myers Industries, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Myers Industries will eventually generate negative long term returns. The profitability progress is the general direction of Myers Industries' change in net profit over the period of time. It can combine multiple indicators of Myers Industries, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-16.8 M-17.7 M
Operating Income72.4 M76 M
Income Before Tax66.1 M69.4 M
Total Other Income Expense Net-6.3 M-6.7 M
Net Income48.9 M51.3 M
Income Tax Expense17.2 M11.2 M
Net Income Applicable To Common Shares69.3 M72.8 M
Net Income From Continuing Ops49.8 M27 M
Interest Income5.2 M5.4 M
Net Interest Income-6.6 M-7 M
Non Operating Income Net Other-1.7 M-1.8 M
Change To Netincome11.9 M12.5 M
Net Income Per Share 1.33  1.40 
Income Quality 1.76  1.99 
Net Income Per E B T 0.74  0.47 

Myers Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Myers Industries. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Myers Industries position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Myers Industries' important profitability drivers and their relationship over time.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in Myers Industries without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Balance Of Power Now

   

Balance Of Power

Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
All  Next Launch Module

Use Investing Themes to Complement your Myers Industries position

In addition to having Myers Industries in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Iron Thematic Idea Now

Iron
Iron Theme
Companies involved in production of steel and iron. The Iron theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Iron Theme or any other thematic opportunities.
View All  Next Launch
When determining whether Myers Industries is a strong investment it is important to analyze Myers Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Myers Industries' future performance. For an informed investment choice regarding Myers Stock, refer to the following important reports:
Check out Correlation Analysis.
For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
To fully project Myers Industries' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Myers Industries at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Myers Industries' income statement, its balance sheet, and the statement of cash flows.
Potential Myers Industries investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Myers Industries investors may work on each financial statement separately, they are all related. The changes in Myers Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Myers Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.