MYE - Myers Industries, Inc.
NYSE
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Consumer Cyclical
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Packaging & Containers
Akron,
United States
Type: Equity
MYE price evolution
MYE
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $30.29 | $24.77 | $30.69 | $28.24 |
| Short term investments | ||||
| Net receivables | $128.63 | $117.36 | $116.77 | $130.62 |
| Inventory | $90.84 | $96.23 | $98.24 | $102.14 |
| Total current assets | $256.62 | $247.41 | $256.62 | $266.78 |
| Long term investments | ||||
| Property, plant & equipment | $135.92 | $134.32 | $134.15 | $134.18 |
| Goodwill & intangible assets | $140.52 | $141.91 | $143.83 | $145.26 |
| Total noncurrent assets | $285.01 | $283.71 | $286.09 | $289.42 |
| Total investments | ||||
| Total assets | $541.63 | $531.12 | $542.71 | $556.2 |
| Current liabilities | ||||
| Accounts payable | $79.05 | $80.76 | $81.74 | $93.48 |
| Deferred revenue | ||||
| Short long term debt | $32.53 | $32.18 | $32.21 | $32.58 |
| Total current liabilities | $165.11 | $163.88 | $164.31 | $175.21 |
| Long term debt | $62.96 | $64.78 | $83.61 | $93.98 |
| Total noncurrent liabilities | $83.72 | $85.02 | $103.98 | $115.74 |
| Total debt | $95.49 | $96.95 | $115.83 | $126.56 |
| Total liabilities | $248.83 | $248.9 | $268.29 | $290.95 |
| Shareholders' equity | ||||
| Retained earnings | -$35.52 | -$43.01 | -$50.72 | -$56.24 |
| Other shareholder equity | -$16.82 | -$17.93 | -$16.99 | -$17.75 |
| Total shareholder equity | $292.8 | $282.22 | $274.42 | $265.25 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $30.29 | $23.14 | $17.66 | $28.3 |
| Short term investments | ||||
| Net receivables | $128.63 | $133.72 | $100.69 | $83.7 |
| Inventory | $90.84 | $93.35 | $93.55 | $65.92 |
| Total current assets | $256.62 | $257.21 | $219.91 | $183.73 |
| Long term investments | ||||
| Property, plant & equipment | $135.92 | $130.47 | $121.33 | $92.34 |
| Goodwill & intangible assets | $140.52 | $146.91 | $138.96 | $120.29 |
| Total noncurrent assets | $285.01 | $285.43 | $264.63 | $216.28 |
| Total investments | ||||
| Total assets | $541.63 | $542.63 | $484.55 | $400.01 |
| Current liabilities | ||||
| Accounts payable | $79.05 | $73.54 | $81.69 | $61.15 |
| Deferred revenue | ||||
| Short long term debt | $32.53 | $6.7 | $5.84 | $44.35 |
| Total current liabilities | $165.11 | $137.76 | $132.5 | $142.25 |
| Long term debt | $62.96 | $102.88 | $124.2 | $51.34 |
| Total noncurrent liabilities | $83.72 | $148.44 | $142.72 | $68.67 |
| Total debt | $95.49 | $132.36 | $130.04 | $95.69 |
| Total liabilities | $248.83 | $286.21 | $275.22 | $210.91 |
| Shareholders' equity | ||||
| Retained earnings | -$35.52 | -$63.98 | -$104.17 | -$117.92 |
| Other shareholder equity | -$16.82 | -$17.79 | -$15.4 | -$15.77 |
| Total shareholder equity | $292.8 | $256.43 | $209.32 | $189.1 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $191.08 | $197.8 | $208.45 | $215.74 |
| Cost of revenue | $133.84 | $135.42 | $140.04 | $144.67 |
| Gross Profit | $57.23 | $62.38 | $68.41 | $71.06 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $38.75 | $43.7 | $52.35 | $52.08 |
| Total operating expenses | $38.63 | $43.68 | $52.27 | $52.11 |
| Operating income | $18.6 | $18.7 | $16.14 | $18.96 |
| Income from continuing operations | ||||
| EBIT | $18.6 | $18.7 | $16.14 | $18.96 |
| Income tax expense | $4.69 | $4.42 | $3.75 | $4.33 |
| Interest expense | $1.37 | $1.54 | $1.79 | $1.65 |
| Net income | ||||
| Net income | $12.54 | $12.75 | $10.61 | $12.98 |
| Income (for common shares) | $12.54 | $12.75 | $10.61 | $12.98 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $813.07 | $899.55 | $761.43 | $510.37 |
| Cost of revenue | $553.98 | $616.18 | $550.01 | $338.41 |
| Gross Profit | $259.09 | $283.37 | $211.42 | $171.96 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $186.88 | $199.49 | $163.5 | $130.33 |
| Total operating expenses | $186.68 | $198.82 | $162.12 | $130.33 |
| Operating income | $72.41 | $84.54 | $49.3 | $41.63 |
| Income from continuing operations | ||||
| EBIT | $72.41 | $83.94 | $49.3 | $53.55 |
| Income tax expense | $17.19 | $17.94 | $11.55 | $12.09 |
| Interest expense | $6.35 | $5.73 | $4.21 | $4.69 |
| Net income | ||||
| Net income | $48.87 | $60.27 | $33.54 | $36.77 |
| Income (for common shares) | $48.87 | $60.27 | $33.54 | $36.77 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $12.54 | $12.75 | $10.61 | $12.98 |
| Operating activities | ||||
| Depreciation | $5.88 | $5.61 | $5.68 | $5.62 |
| Business acquisitions & disposals | -$0.16 | |||
| Stock-based compensation | $1.59 | $0.69 | $2.49 | $1.9 |
| Total cash flows from operations | $15.4 | $22.13 | $22.85 | $25.79 |
| Investing activities | ||||
| Capital expenditures | -$3.45 | -$4.08 | -$6.02 | -$9.06 |
| Investments | ||||
| Total cash flows from investing | -$3.45 | -$4.08 | -$6.02 | -$9.22 |
| Financing activities | ||||
| Dividends paid | -$4.97 | -$4.97 | -$5.02 | -$5.27 |
| Sale and purchase of stock | $0.39 | $0.38 | $0.44 | $1.13 |
| Net borrowings | -$2.14 | -$19.14 | -$9.93 | -$5.33 |
| Total cash flows from financing | -$6.74 | -$23.76 | -$14.55 | -$11.47 |
| Effect of exchange rate | $0.31 | -$0.22 | $0.16 | $0 |
| Change in cash and equivalents | $5.52 | -$5.92 | $2.45 | $5.1 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $48.87 | $60.27 | $33.54 | $36.77 |
| Operating activities | ||||
| Depreciation | $22.79 | $21.22 | $20.89 | $20.93 |
| Business acquisitions & disposals | -$0.16 | -$27.63 | -$35.76 | -$63.33 |
| Stock-based compensation | $6.67 | $7.44 | $3.2 | $3.53 |
| Total cash flows from operations | $86.17 | $72.62 | $44.91 | $46.51 |
| Investing activities | ||||
| Capital expenditures | -$22.6 | -$22.75 | -$14.53 | -$13.42 |
| Investments | $1.2 | |||
| Total cash flows from investing | -$22.76 | -$50.38 | -$50.29 | -$75.55 |
| Financing activities | ||||
| Dividends paid | -$20.24 | -$19.8 | -$19.6 | -$19.43 |
| Sale and purchase of stock | $2.34 | $2.32 | $3.79 | $1.73 |
| Net borrowings | -$36.54 | $2.5 | $12.6 | |
| Total cash flows from financing | -$56.52 | -$16.32 | -$5.19 | -$18.32 |
| Effect of exchange rate | $0.25 | -$0.44 | -$0.08 | $0.14 |
| Change in cash and equivalents | $7.15 | $5.48 | -$10.65 | -$47.23 |
News
Fundamentals
| Market cap | $811.40M |
|---|---|
| Enterprise value | $876.60M |
| Shares outstanding | 36.85M |
| Revenue | $813.07M |
|---|---|
| EBITDA | $95.19M |
| EBIT | $72.41M |
| Net Income | $48.87M |
| Revenue Q/Q | -10.23% |
| Revenue Y/Y | N/A |
| P/E ratio | 16.60 |
|---|---|
| EV/Sales | 1.08 |
| EV/EBITDA | 9.21 |
| EV/EBIT | 12.11 |
| P/S ratio | 1.00 |
| P/B ratio | 2.62 |
| Book/Share | 8.40 |
| Cash/Share | 0.82 |
| EPS | $1.33 |
|---|---|
| ROA | 9.00% |
| ROE | 17.54% |
| Debt/Equity | 0.85 |
|---|---|
| Net debt/EBITDA | 2.30 |
| Current ratio | 1.55 |
| Quick ratio | 1.00 |