MYR GROUP INC/DELAWARE (MYRG) Stock Fundamental Analysis
USA - NASDAQ:MYRG - US55405W1045 - Common Stock
227.46 USD
+9.76 (+4.48%)
227.46 USD
0 (0%)
MYRG gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 55 industry peers in the Construction & Engineering industry. MYRG is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. MYRG has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year MYRG was profitable.
In the past year MYRG had a positive cash flow from operations.
Each year in the past 5 years MYRG has been profitable.
Each year in the past 5 years MYRG had a positive operating cash flow.
1.2 Ratios
MYRG has a better Return On Assets (5.95%) than 67.27% of its industry peers.
Looking at the Return On Equity, with a value of 15.84%, MYRG is in the better half of the industry, outperforming 70.91% of the companies in the same industry.
MYRG has a Return On Invested Capital of 11.85%. This is in the better half of the industry: MYRG outperforms 74.55% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MYRG is significantly below the industry average of 17.18%.
The last Return On Invested Capital (11.85%) for MYRG is above the 3 year average (8.30%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.95% | ||
| ROE | 15.84% | ||
| ROIC | 11.85% |
ROA(3y)4.55%
ROA(5y)5.43%
ROE(3y)11.3%
ROE(5y)12.79%
ROIC(3y)8.3%
ROIC(5y)9.63%
1.3 Margins
The Profit Margin of MYRG (2.78%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of MYRG has declined.
The Operating Margin of MYRG (4.13%) is comparable to the rest of the industry.
MYRG's Operating Margin has declined in the last couple of years.
MYRG has a Gross Margin of 11.34%. This is in the lower half of the industry: MYRG underperforms 65.45% of its industry peers.
In the last couple of years the Gross Margin of MYRG has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.13% | ||
| PM (TTM) | 2.78% | ||
| GM | 11.34% |
OM growth 3Y-32.77%
OM growth 5Y-11.54%
PM growth 3Y-35.81%
PM growth 5Y-13.14%
GM growth 3Y-12.77%
GM growth 5Y-3.54%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MYRG is creating some value.
The number of shares outstanding for MYRG has been reduced compared to 1 year ago.
MYRG has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, MYRG has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.99 indicates that MYRG is not in any danger for bankruptcy at the moment.
The Altman-Z score of MYRG (4.99) is better than 70.91% of its industry peers.
The Debt to FCF ratio of MYRG is 0.48, which is an excellent value as it means it would take MYRG, only 0.48 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.48, MYRG belongs to the top of the industry, outperforming 89.09% of the companies in the same industry.
MYRG has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.11, MYRG belongs to the top of the industry, outperforming 83.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.48 | ||
| Altman-Z | 4.99 |
ROIC/WACC1.14
WACC10.44%
2.3 Liquidity
A Current Ratio of 1.33 indicates that MYRG should not have too much problems paying its short term obligations.
MYRG has a Current ratio of 1.33. This is comparable to the rest of the industry: MYRG outperforms 60.00% of its industry peers.
MYRG has a Quick Ratio of 1.33. This is a normal value and indicates that MYRG is financially healthy and should not expect problems in meeting its short term obligations.
MYRG's Quick ratio of 1.33 is fine compared to the rest of the industry. MYRG outperforms 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.33 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 170.31% over the past year.
MYRG shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.84% yearly.
MYRG shows a decrease in Revenue. In the last year, the revenue decreased by -0.64%.
Measured over the past years, MYRG shows a quite strong growth in Revenue. The Revenue has been growing by 10.17% on average per year.
EPS 1Y (TTM)170.31%
EPS 3Y-28.02%
EPS 5Y-3.84%
EPS Q2Q%215.38%
Revenue 1Y (TTM)-0.64%
Revenue growth 3Y10.41%
Revenue growth 5Y10.17%
Sales Q2Q%7.02%
3.2 Future
The Earnings Per Share is expected to grow by 52.93% on average over the next years. This is a very strong growth
MYRG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.11% yearly.
EPS Next Y283.51%
EPS Next 2Y115.91%
EPS Next 3Y72.38%
EPS Next 5Y52.93%
Revenue Next Year4.04%
Revenue Next 2Y6.23%
Revenue Next 3Y6.46%
Revenue Next 5Y7.11%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 36.75, the valuation of MYRG can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as MYRG.
MYRG's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.51.
MYRG is valuated quite expensively with a Price/Forward Earnings ratio of 26.38.
Based on the Price/Forward Earnings ratio, MYRG is valued a bit cheaper than 63.64% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.53. MYRG is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.75 | ||
| Fwd PE | 26.38 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MYRG is valued a bit cheaper than 72.73% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, MYRG is valued a bit cheaper than 74.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.62 | ||
| EV/EBITDA | 16.01 |
4.3 Compensation for Growth
MYRG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as MYRG's earnings are expected to grow with 72.38% in the coming years.
PEG (NY)0.13
PEG (5Y)N/A
EPS Next 2Y115.91%
EPS Next 3Y72.38%
5. Dividend
5.1 Amount
No dividends for MYRG!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
227.46
+9.76 (+4.48%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners100.97%
Inst Owner Change0.36%
Ins Owners1.54%
Ins Owner Change0%
Market Cap3.53B
Revenue(TTM)3.51B
Net Income(TTM)97.82M
Analysts81.67
Price Target220.66 (-2.99%)
Short Float %4.23%
Short Ratio2.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.44%
Min EPS beat(2)4.94%
Max EPS beat(2)9.94%
EPS beat(4)4
Avg EPS beat(4)18.17%
Min EPS beat(4)4.94%
Max EPS beat(4)39.15%
EPS beat(8)5
Avg EPS beat(8)-4.25%
EPS beat(12)8
Avg EPS beat(12)2.79%
EPS beat(16)10
Avg EPS beat(16)2.33%
Revenue beat(2)2
Avg Revenue beat(2)3.19%
Min Revenue beat(2)0.82%
Max Revenue beat(2)5.55%
Revenue beat(4)3
Avg Revenue beat(4)0.53%
Min Revenue beat(4)-8.24%
Max Revenue beat(4)5.55%
Revenue beat(8)4
Avg Revenue beat(8)-0.14%
Revenue beat(12)8
Avg Revenue beat(12)3.32%
Revenue beat(16)12
Avg Revenue beat(16)3.36%
PT rev (1m)2.77%
PT rev (3m)18.6%
EPS NQ rev (1m)-2.83%
EPS NQ rev (3m)0.98%
EPS NY rev (1m)-2.09%
EPS NY rev (3m)3.36%
Revenue NQ rev (1m)-1.32%
Revenue NQ rev (3m)-2.49%
Revenue NY rev (1m)-0.36%
Revenue NY rev (3m)0.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.75 | ||
| Fwd PE | 26.38 | ||
| P/S | 1 | ||
| P/FCF | 22.62 | ||
| P/OCF | 15.16 | ||
| P/B | 5.72 | ||
| P/tB | 8.21 | ||
| EV/EBITDA | 16.01 |
EPS(TTM)6.19
EY2.72%
EPS(NY)8.62
Fwd EY3.79%
FCF(TTM)10.06
FCFY4.42%
OCF(TTM)15
OCFY6.6%
SpS226.43
BVpS39.79
TBVpS27.7
PEG (NY)0.13
PEG (5Y)N/A
Graham Number74.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.95% | ||
| ROE | 15.84% | ||
| ROCE | 17.19% | ||
| ROIC | 11.85% | ||
| ROICexc | 13.03% | ||
| ROICexgc | 17.24% | ||
| OM | 4.13% | ||
| PM (TTM) | 2.78% | ||
| GM | 11.34% | ||
| FCFM | 4.44% |
ROA(3y)4.55%
ROA(5y)5.43%
ROE(3y)11.3%
ROE(5y)12.79%
ROIC(3y)8.3%
ROIC(5y)9.63%
ROICexc(3y)8.68%
ROICexc(5y)10.33%
ROICexgc(3y)11.86%
ROICexgc(5y)13.66%
ROCE(3y)12.04%
ROCE(5y)13.96%
ROICexgc growth 3Y-34.99%
ROICexgc growth 5Y-7.87%
ROICexc growth 3Y-35.45%
ROICexc growth 5Y-8.52%
OM growth 3Y-32.77%
OM growth 5Y-11.54%
PM growth 3Y-35.81%
PM growth 5Y-13.14%
GM growth 3Y-12.77%
GM growth 5Y-3.54%
F-Score7
Asset Turnover2.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.48 | ||
| Debt/EBITDA | 0.33 | ||
| Cap/Depr | 116.91% | ||
| Cap/Sales | 2.18% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 110.44% | ||
| Profit Quality | 159.56% | ||
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.33 | ||
| Altman-Z | 4.99 |
F-Score7
WACC10.44%
ROIC/WACC1.14
Cap/Depr(3y)130.75%
Cap/Depr(5y)120.21%
Cap/Sales(3y)2.38%
Cap/Sales(5y)2.24%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)170.31%
EPS 3Y-28.02%
EPS 5Y-3.84%
EPS Q2Q%215.38%
EPS Next Y283.51%
EPS Next 2Y115.91%
EPS Next 3Y72.38%
EPS Next 5Y52.93%
Revenue 1Y (TTM)-0.64%
Revenue growth 3Y10.41%
Revenue growth 5Y10.17%
Sales Q2Q%7.02%
Revenue Next Year4.04%
Revenue Next 2Y6.23%
Revenue Next 3Y6.46%
Revenue Next 5Y7.11%
EBIT growth 1Y161.78%
EBIT growth 3Y-25.77%
EBIT growth 5Y-2.54%
EBIT Next Year405.52%
EBIT Next 3Y86.89%
EBIT Next 5Y62.41%
FCF growth 1Y423.34%
FCF growth 3Y-49.12%
FCF growth 5Y9.5%
OCF growth 1Y90.63%
OCF growth 3Y-14.06%
OCF growth 5Y6.06%
MYR GROUP INC/DELAWARE / MYRG FAQ
What is the fundamental rating for MYRG stock?
ChartMill assigns a fundamental rating of 5 / 10 to MYRG.
What is the valuation status of MYR GROUP INC/DELAWARE (MYRG) stock?
ChartMill assigns a valuation rating of 5 / 10 to MYR GROUP INC/DELAWARE (MYRG). This can be considered as Fairly Valued.
Can you provide the profitability details for MYR GROUP INC/DELAWARE?
MYR GROUP INC/DELAWARE (MYRG) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for MYRG stock?
The Price/Earnings (PE) ratio for MYR GROUP INC/DELAWARE (MYRG) is 36.75 and the Price/Book (PB) ratio is 5.72.