MYE
Myers Industries, Inc.
MYE's fundamentals are mixed, but it looks expensive: trading at 37x earnings, about twice its usual 20x. Analysts expect strong earnings growth.
MYE Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Healthy | |
| Healthy | |
| Stable |
MYE's profitability and cash flow are currently healthy, and its balance sheet is stable, but its revenue is under pressure.
MYE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 13x | $10.18 | -64% |
| Forward | 14x | $28.32 | — |
| Fair | 20x | $15.32 | -46% |
| Expensive | 31x | $23.28 | -18% |
| Current | 37x | $28.32 | — |
Historical ranges are pointers, not guarantees.
MYE's PE is in its expensive range at 37x. If earnings grow as analysts expect, today's price would be 14x next year's earnings, in its cheap range.
MYE Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect MYE's earnings to grow and its profitability to improve, with its revenue holding steady.
MYE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.00 | +163% |
| Q3 2026 | $0.76 | +2.7% |
| Q2 2026 | $0.97 | +273% |
| Q1 2026 | $0.70 | +150% |
| Q4 2025 | $0.93 | +389% |
| Q3 2025 | $0.74 | +76% |
| Q2 2025 | $0.26 | -75% |
| Q1 2025 | $0.28 | -74% |
| Q4 2024 | $0.19 | -86% |
MYE's earnings per share have fallen from their peak: $0.76 over the past year, against $1.64 in late 2022.
MYE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $171.3M | -17% |
| Q2 2026 | $179.2M | -14% |
| Q1 2026 | $164.6M | -20% |
| Q4 2025 | $204M | 0% |
| Q3 2025 | $205.4M | +0.2% |
| Q2 2025 | $209.6M | -4.8% |
| Q1 2025 | $206.8M | -0.2% |
| Q4 2024 | $203.9M | +6.7% |
MYE's revenue has slid since its 2022 peak: $171M last quarter, down 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.7% | +0.1 points |
| Q2 2026 | 17% | +7.9 points |
| Q1 2026 | 15% | +7 points |
| Q4 2025 | 9.9% | +2.7 points |
| Q3 2025 | 8.6% | +11 points |
| Q2 2025 | 9.5% | -1.2 points |
| Q1 2025 | 8.1% | +2.8 points |
| Q4 2024 | 7.2% | -2.6 points |
MYE's operating margin was 8.7% last quarter, about level with the same quarter a year ago.
MYE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $11.1M | -48% |
| Q2 2026 | $27.9M | +13% |
| Q1 2026 | $23.4M | +1044% |
| Q4 2025 | $18.9M | -6.3% |
| Q3 2025 | $21.5M | +112% |
| Q2 2025 | $24.7M | +149% |
| Q1 2025 | $2M | -86% |
| Q4 2024 | $20.2M | +71% |
MYE generated $81M in free cash flow over the past year, up 19% from the year before.
MYE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.3x | Moderate |
| Q2 2026 | 2.4x | Moderate |
| Q1 2026 | 2.9x | Moderate |
| Q4 2025 | 3.3x | Elevated |
| Q3 2025 | 3.4x | Elevated |
| Q2 2025 | 4.4x | High |
| Q1 2025 | 4.1x | High |
| Q4 2024 | 4.1x | High |
MYE's net debt is about 2.3 years of its operating earnings (EBITDA), down from 3.4 years a year ago.
MYE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.8 | Neutral |
| Stochastic | 14.9 | Oversold |
MYE's weekly RSI is 48 (neutral) and its Stochastic is 15 (oversold).
MYE PE vs Consumer Cyclical Sector
| Metric | MYE | Sector median | Relative |
|---|---|---|---|
| PE | 37x | 18x | 107% above |
| PE % | 88 | 47 | 41 pts above |
MYE is trading at 37x earnings, a 107% premium to the Consumer Cyclical sector's median of 18x.
MYE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $30.2 | 6.3% below |
| 20 week MA | $31.4 | 9.7% below |
| 50 week MA | $25.7 | 10% above |
| 100 week MA | $19.8 | 43% above |
| 200 week MA | $18.9 | 50% above |
MYE has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 50% above its 200-week average.
MYE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.5 | $20.3 | +23% |
| 2021 | $20.3 | $19.7 | -2.8% |
| 2022 | $19.7 | $23.1 | +17% |
| 2023 | $23.1 | $19.6 | -15% |
| 2024 | $19.6 | $11.1 | -43% |
| 2025 | $11.1 | $19.3 | +74% |
| 2026 YTD | $19.3 | $28.3 | +47% |
MYE is up 47% so far in 2026, after finishing lower in three of the previous six years.