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Myers Industries Inc MYE

Morningstar Rating
$17.39 −0.15 (0.86%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

MYE is trading at a 32% discount.
Price
$17.49
Fair Value
$12.23
Uncertainty
Very High
1-Star Price
$34.22
5-Star Price
$28.60
Economic Moat
Ztkrz
Capital Allocation
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News

Trading Information

Previous Close Price
$17.54
Day Range
$17.3517.51
52-Week Range
$15.6526.49
Bid/Ask
$6.96 / $19.78
Market Cap
$640.62 Mil
Volume/Avg
503,015 / 169,020

Key Statistics

Price/Earnings (Normalized)
12.16
Price/Sales
0.77
Dividend Yield
3.11%
Dividend Yield (Forward)
3.11%
Total Yield
3.11%

Company Profile

Myers Industries Inc is a plastic manufacturer of returnable packaging, storage and safety products and specialty molding. It manufactures a range of polymer products for industrial, agricultural, automotive, commercial, and consumer markets. It operates through the following segments: The Material Handling segment, which designs manufactures and markets a variety of plastic and metal products. The Distribution segment offers tools, equipment, and supplies used for tire, wheel, and under-vehicle service on passenger, heavy truck, and off-road vehicles.
Sector
Consumer Cyclical
Industry
Packaging & Containers
Stock Style Box
Small Core
Total Number of Employees
2,500

Valuation

Metric
MYE
Price/Earnings (Normalized)
12.16
Price/Book Value
2.27
Price/Sales
0.77
Price/Cash Flow
7.51
Price/Earnings
MYE

Financial Strength

Metric
MYE
Quick Ratio
0.87
Current Ratio
1.51
Interest Coverage
10.68
Quick Ratio
MYE

Profitability

Metric
MYE
Return on Assets (Normalized)
9.66%
Return on Equity (Normalized)
19.87%
Return on Invested Capital (Normalized)
14.94%
Return on Assets
MYE

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