MYE
Myers Industries Inc
Price:  
12.30 
USD
Volume:  
304,645.00
United States | Containers & Packaging
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MYE Fair Value

-15.76 %
Upside

As of 2024-12-14, the Fair Value of Myers Industries Inc (MYE) is 10.36 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 12.30 USD, the upside of Myers Industries Inc is -15.76%.

12.30 USD
Stock Price
10.36 USD
Fair Price
FAIR VALUE CALCULATION

MYE Fair Value

Peter Lynch's formula is:

MYE Fair Value
= Earnings Growth Rate x TTM EPS
MYE Fair Value
= 25.00 x 0.41
MYE Fair Value
= 10.36

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income 24.30 36.80 33.50 60.30 48.87 40.75
YoY growth 836.36% 51.44% -8.97% 80.00% -18.96% 187.98%

MYE Fair Value - Key Data

Market Cap (mil) 458.30
P/E 29.68x
Forward P/E 7.80x
EPS 0.41
Avg earnings growth rate 187.98%
TTM earnings 15.44