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Myers Industries Inc
NYSE:MYE

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Myers Industries Inc
NYSE:MYE
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Price: 20.71 USD 0.49% Market Closed
Market Cap: $774.6m

EV/IC

0.6
Current
40%
Cheaper
vs 3-y average of 1.1

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.6
=
Enterprise Value
$3.2B
/
Invested Capital
$5.1B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.6
=
Enterprise Value
$3.2B
/
Invested Capital
$5.1B

Valuation Scenarios

Myers Industries Inc is trading below its 3-year average

If EV/IC returns to its 3-Year Average (1.1), the stock would be worth $34.72 (68% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+151%
Average Upside
118%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 0.6 $20.71
0%
3-Year Average 1.1 $34.72
+68%
5-Year Average 1.6 $51.97
+151%
Industry Average 1.4 $45.41
+119%
Country Average 1.5 $48.7
+135%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
US
Myers Industries Inc
NYSE:MYE
737.9m USD 0.6 21.1
US
Ball Corp
NYSE:BALL
16.3B USD 2.6 17.8
US
Crown Holdings Inc
NYSE:CCK
11.4B USD 2.2 15.3
CA
CCL Industries Inc
TSX:CCL.B
14.9B CAD 1.9 18.5
US
Aptargroup Inc
NYSE:ATR
7.6B USD 2.3 19.5
US
Berry Global Group Inc
NYSE:BERY
7.8B USD 1.2 16.6
US
Silgan Holdings Inc
NYSE:SLGN
4.2B USD 1.3 14.5
ZA
Nampak Ltd
JSE:NPK
4.1B ZAR 0.8 1.2
CN
Jiamei Food Packaging Chuzhou Co Ltd
SZSE:002969
24.8B CNY 8.3 167.2
JP
Toyo Seikan Group Holdings Ltd
TSE:5901
517B JPY 0.5 11.4
ES
Vidrala SA
MAD:VID
2.7B EUR 1.4 12.9

Market Distribution

Lower than 84% of companies in the United States of America
Percentile
16th
Based on 11 657 companies
16th percentile
0.6
Low
0 — 0.9
Typical Range
0.9 — 2.9
High
2.9 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 0.9
Median 1.5
70th Percentile 2.9
Max 566 432.7

Myers Industries Inc
Glance View

Market Cap
774.6m USD
Industry
Packaging

Myers Industries, Inc. engages in the manufacture and trade of polymer products. The company is headquartered in Akron, Ohio and currently employs 2,725 full-time employees. The Company’s segments include Material Handling and Distribution. The Material Handling Segment manufactures a broad selection of durable plastic reusable containers that are used repeatedly during the course of their service life. Its products include pallets, small parts bins, bulk shipping containers, storage and organization products, original equipment manufacturer (OEM) parts, custom plastic products, consumer fuel containers and tanks for water, fuel and waste handling. The Distribution Segment is engaged in the distribution of tools, equipment and supplies used for tire, wheel and under-vehicle service on passenger, heavy truck and off-road vehicles and the manufacturing of tire repair materials and custom rubber products. The company serves retail and truck tire dealers, commercial auto and truck fleets, truck stop operations, auto dealers, general service and repair centers and government agencies.

MYE Intrinsic Value
22.86 USD
Undervaluation 9%
Intrinsic Value
Price $20.71
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