Myers Industries, Inc. (MYE) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+3.9%

$30.45

vs $29.31 price

Levered DCF

$33.93

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

2.79

Grey zone

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	20.13×	58.11×	14.7×	13.39×	21.52×	20.17×	24.17×	-151.1×
P/B	2.38×	1.48×	2.45×	3.11×	3.45×	3.93×	3.55×	3.22×
P/S	0.85×	0.49×	0.88×	0.89×	0.95×	1.46×	1.15×	0.88×
EV / EBITDA	9.08×	9.53×	8.23×	8.5×	12.07×	10.92×	9.74×	9.23×
Gross margin	33.4%	32.4%	31.9%	31.6%	27.9%	33.7%	33.2%	31.6%
Operating margin	9.1%	5.3%	8.9%	9.3%	6.5%	10.5%	7.2%	1.1%
Net margin	4.2%	0.9%	6.0%	6.7%	4.4%	7.2%	4.7%	-0.6%
Current ratio	1.67×	1.76×	1.55×	1.87×	1.66×	1.29×	2.24×	1.88×
Debt / equity	1.29×	1.49×	0.33×	0.52×	0.62×	0.51×	0.56×	0.5×
Interest coverage	2.55×	1.44×	11.4×	14.65×	11.72×	10.94×	7.62×	1.03×
Dividend yield	2.9%	5.0%	2.8%	2.5%	2.7%	2.6%	3.3%	3.6%
Payout ratio	58.7%	283.7%	41.4%	32.8%	58.4%	52.8%	79.4%	-533.4%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	11.9%	2.6%	16.7%	23.5%	16.0%	19.4%	14.6%	-2.2%
Return on invested capital	8.0%	3.2%	13.1%	15.7%	10.2%	13.3%	10.0%	-3.0%
Return on assets	4.1%	0.8%	9.0%	11.1%	6.9%	9.2%	6.9%	-1.0%
Free cash flow yield	9.6%	13.4%	8.8%	6.1%	3.7%	4.4%	7.4%	11.3%
Earnings yield	5.0%	1.8%	6.8%	7.5%	4.6%	4.9%	4.1%	-0.7%
Enterprise value	$1B	$791.7M	$783.6M	$907.6M	$835.5M	$811M	$610.5M	$515.9M
Net debt / EBITDA	2.93×	4.59×	0.68×	1.02×	1.62×	0.91×	0.3×	0.32×
Cash conversion cycle (days)	65	70	66	66	57	66	41	34