Myers Industries Stock Cash Per Share
| MYE Stock | USD 19.48 0.27 1.37% |
Fundamental analysis of Myers Industries allows traders to better anticipate movements in Myers Industries' stock price by examining its financial health and performance throughout various phases of its business cycle.
| Last Reported | Projected for Next Year | ||
| Cash Per Share | 0.87 | 0.91 |
Myers | Cash Per Share | Build AI portfolio with Myers Stock |
Myers Industries Company Cash Per Share Analysis
Myers Industries' Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Current Myers Industries Cash Per Share | 0.62 X |
Most of Myers Industries' fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Myers Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Myers Cash Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Myers Industries is extremely important. It helps to project a fair market value of Myers Stock properly, considering its historical fundamentals such as Cash Per Share. Since Myers Industries' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Myers Industries' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Myers Industries' interrelated accounts and indicators.
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Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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Myers Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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In accordance with the recently published financial statements, Myers Industries has a Cash Per Share of 0.62 times. This is 83.64% lower than that of the Containers & Packaging sector and 66.3% lower than that of the Materials industry. The cash per share for all United States stocks is 87.62% higher than that of the company.
Myers Cash Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Myers Industries' direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Myers Industries could also be used in its relative valuation, which is a method of valuing Myers Industries by comparing valuation metrics of similar companies.Myers Industries is currently under evaluation in cash per share category among its peers.
Myers Industries Current Valuation Drivers
We derive many important indicators used in calculating different scores of Myers Industries from analyzing Myers Industries' financial statements. These drivers represent accounts that assess Myers Industries' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Myers Industries' important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 743.6M | 723.1M | 798.4M | 410.0M | 369.0M | 295.3M |
Myers Industries ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Myers Industries' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Myers Industries' managers, analysts, and investors.Environmental | Governance | Social |
Myers Fundamentals
| Return On Equity | 0.0992 | ||||
| Return On Asset | 0.0525 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.1 % | ||||
| Current Valuation | 1.09 B | ||||
| Shares Outstanding | 37.41 M | ||||
| Shares Owned By Insiders | 1.87 % | ||||
| Shares Owned By Institutions | 90.74 % | ||||
| Number Of Shares Shorted | 634.04 K | ||||
| Price To Earning | 22.20 X | ||||
| Price To Book | 2.58 X | ||||
| Price To Sales | 0.88 X | ||||
| Revenue | 836.28 M | ||||
| Gross Profit | 271.63 M | ||||
| EBITDA | 83.07 M | ||||
| Net Income | 7.2 M | ||||
| Cash And Equivalents | 22.43 M | ||||
| Cash Per Share | 0.62 X | ||||
| Total Debt | 413.87 M | ||||
| Debt To Equity | 0.60 % | ||||
| Current Ratio | 1.72 X | ||||
| Book Value Per Share | 7.67 X | ||||
| Cash Flow From Operations | 79.29 M | ||||
| Short Ratio | 2.34 X | ||||
| Earnings Per Share | 0.74 X | ||||
| Price To Earnings To Growth | 14.87 X | ||||
| Target Price | 21.0 | ||||
| Number Of Employees | 2.7 K | ||||
| Beta | 1.15 | ||||
| Market Capitalization | 728.74 M | ||||
| Total Asset | 860.82 M | ||||
| Retained Earnings | (48.46 M) | ||||
| Working Capital | 112.19 M | ||||
| Current Asset | 154.31 M | ||||
| Current Liabilities | 116.81 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 2.99 % | ||||
| Net Asset | 860.82 M | ||||
| Last Dividend Paid | 0.54 |
About Myers Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Myers Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Myers Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Myers Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Myers Industries Piotroski F Score and Myers Industries Altman Z Score analysis. For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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 (0.06) | Dividend Share 0.54 | Earnings Share 0.74 | Revenue Per Share | Quarterly Revenue Growth 0.002 |
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.