How does MYR's PE Ratio compare to its peers?

MYR is expensive based on its Price-To-Earnings Ratio (23x) compared to the peer average (21.3x).

How does MYR's PE Ratio compare vs other companies in the Global Multiline Retail Industry?

MYR is expensive based on its Price-To-Earnings Ratio (23x) compared to the Global Multiline Retail industry average (22.1x).

What is MYR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MYR is expensive based on its Price-To-Earnings Ratio (23x) compared to the estimated Fair Price-To-Earnings Ratio (17.7x).

What is the Fair Price of MYR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

MYR (A$1.2) is trading above our estimate of [[fair value]] (A$0.81)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is lower than the current share price.

MYR Stock Overview

Engages in the operation of department stores under the Myer brand name in Australia. More details

MYR fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	1/6
Past Performance	2/6
Financial Health	2/6
Dividends	3/6

Rewards

Earnings are forecast to grow 6.16% per year

Risk Analysis

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

Myer Holdings Limited Competitors

Harvey Norman Holdings

ASX:HVN

AU$5.9b

Reject Shop

ASX:TRS

AU$104.0m

Wesfarmers

ASX:WES

AU$79.0b

Nick Scali

ASX:NCK

AU$1.3b

Price History & Performance

Summary of share price highs, lows and changes for Myer Holdings
Historical stock prices
Current Share Price	AU$1.20
52 Week High	AU$1.27
52 Week Low	AU$0.56
Beta	2.05
1 Month Change	15.46%
3 Month Change	37.36%
1 Year Change	94.31%
3 Year Change	168.54%
5 Year Change	143.88%
Change since IPO	-68.13%

Myer Holdings' (ASX:MYR) Dividend Is Being Reduced To A$0.005

Oct 02

There May Be Reason For Hope In Myer Holdings' (ASX:MYR) Disappointing Earnings

Oct 01

Recent updates

Myer Holdings' (ASX:MYR) Dividend Is Being Reduced To A$0.005

Oct 02

There May Be Reason For Hope In Myer Holdings' (ASX:MYR) Disappointing Earnings

Oct 01

There's No Escaping Myer Holdings Limited's (ASX:MYR) Muted Earnings Despite A 27% Share Price Rise

Jun 29

Myer Holdings Limited (ASX:MYR) Looks Inexpensive But Perhaps Not Attractive Enough

Apr 17

An Intrinsic Calculation For Myer Holdings Limited (ASX:MYR) Suggests It's 43% Undervalued

Dec 06

Here's Why Myer Holdings (ASX:MYR) Can Manage Its Debt Responsibly

Sep 16

Estimating The Intrinsic Value Of Myer Holdings Limited (ASX:MYR)

Aug 03

Myer Holdings (ASX:MYR) Will Will Want To Turn Around Its Return Trends

Mar 31

Trade Alert: The Independent Non-Executive Director Of Myer Holdings Limited (ASX:MYR), David Whittle, Has Just Spent AU$57k Buying 300% More Shares

Mar 10

These 4 Measures Indicate That Myer Holdings (ASX:MYR) Is Using Debt Extensively

Mar 09

Myer Holdings' (ASX:MYR) Shareholders Are Down 71% On Their Shares

Feb 16

Myer Holdings Limited (ASX:MYR) Shares Could Be 38% Below Their Intrinsic Value Estimate

Jan 29

Here's What Myer Holdings Limited's (ASX:MYR) Shareholder Ownership Structure Looks Like

Jan 11

A Quick Analysis On Myer Holdings' (ASX:MYR) CEO Compensation

Dec 27

Will Myer Holdings (ASX:MYR) Multiply In Value Going Forward?

Dec 11

John King Is The CEO, MD & Director of Myer Holdings Limited (ASX:MYR) And They Just Picked Up 15% More Shares

Nov 26

Estimating The Intrinsic Value Of Myer Holdings Limited (ASX:MYR)

Sep 03

Is Myer Holdings (ASX:MYR) Likely To Turn Things Around?

Aug 19

Should You Take Comfort From Insider Transactions At Myer Holdings Limited (ASX:MYR)?

Jul 13

At AU$0.20, Is Myer Holdings Limited (ASX:MYR) Worth Looking At Closely?

Jun 28

Shareholder Returns

	MYR	AU Multiline Retail	AU Market
7D	-0.8%	-1.8%	-2.0%
1Y	94.3%	29.7%	7.8%

Return vs Industry: MYR exceeded the Australian Multiline Retail industry which returned 29.7% over the past year.

Return vs Market: MYR exceeded the Australian Market which returned 7.8% over the past year.

Price Volatility

Is MYR's price volatile compared to industry and market?
MYR volatility
MYR Average Weekly Movement	6.0%
Multiline Retail Industry Average Movement	4.3%
Market Average Movement	8.0%
10% most volatile stocks in AU Market	16.8%
10% least volatile stocks in AU Market	3.1%

Stable Share Price: MYR has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: MYR's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1900	n/a	n/a	www.myer.com.au

Myer Holdings Limited, together with its subsidiaries, engages in the operation of department stores under the Myer brand name in Australia. The company offers womenswear, menswear, childrenswear, homewares, beauty products, travel products, electrical goods, toys, gifts, and general merchandise. It also provides beauty, grooming, gift registry, alterations, formal hire, and breast cancer screening services; and operates cafés and restaurants.

Myer Holdings Limited Fundamentals Summary

How do Myer Holdings's earnings and revenue compare to its market cap?
MYR fundamental statistics
Market cap	AU$1.00b
Earnings (TTM)	AU$43.50m
Revenue (TTM)	AU$2.64b

23.0x

P/E Ratio

0.4x

P/S Ratio

Is MYR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MYR income statement (TTM)
Revenue	AU$2.64b
Cost of Revenue	AU$1.45b
Gross Profit	AU$1.19b
Other Expenses	AU$1.15b
Earnings	AU$43.50m

Last Reported Earnings

Jul 27, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.052
Gross Margin	45.17%
Net Profit Margin	1.65%
Debt/Equity Ratio	24.4%

How did MYR perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

67%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 18:41
End of Day Share Price	2024/12/20 00:00
Earnings	2024/07/27
Annual Earnings	2024/07/27

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Myer Holdings Limited is covered by 21 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Ben Barzach	ANZ Equities Pty Limited
Anthony Vogel	APP Securities Pty Ltd.
Russell Wright	Barclay Pearce Capital Pty Limited

MYR Stock Overview

Rewards

Risk Analysis

Myer Holdings Limited Competitors

ASX:HVN

AU$5.9b

ASX:TRS

AU$104.0m

ASX:WES

AU$79.0b

ASX:NCK

AU$1.3b

Price History & Performance

Recent News & Updates

High number of new and inexperienced directors

Investor sentiment improves as stock rises 19%

Now 25% overvalued after recent price rise

Myer Holdings' (ASX:MYR) Dividend Is Being Reduced To A$0.005

There May Be Reason For Hope In Myer Holdings' (ASX:MYR) Disappointing Earnings

Myer Holdings Limited, Annual General Meeting, Dec 10, 2024

Recent updates

High number of new and inexperienced directors

Investor sentiment improves as stock rises 19%

Now 25% overvalued after recent price rise

Myer Holdings' (ASX:MYR) Dividend Is Being Reduced To A$0.005

There May Be Reason For Hope In Myer Holdings' (ASX:MYR) Disappointing Earnings

Myer Holdings Limited, Annual General Meeting, Dec 10, 2024

New minor risk - Shareholder dilution

Price target increased by 7.9% to AU$0.75

Full year 2024 earnings released: EPS: AU$0.052 (vs AU$0.074 in FY 2023)

Myer Holdings Limited to Report Fiscal Year 2024 Results on Sep 20, 2024

Now 7.7% overvalued

Now 7.7% overvalued

Now 7.7% overvalued

Now 11% overvalued

Now 11% overvalued

Now 15% overvalued

There's No Escaping Myer Holdings Limited's (ASX:MYR) Muted Earnings Despite A 27% Share Price Rise

Now 20% overvalued after recent price rise

Myer Holdings Limited (ASX:MYR) Looks Inexpensive But Perhaps Not Attractive Enough

Upcoming dividend of AU$0.03 per share

First half dividend of AU$0.03 announced

First half 2024 earnings released: EPS: AU$0.061 (vs AU$0.079 in 1H 2023)

New minor risk - Profit margin trend

Now 23% overvalued after recent price rise

Myer Holdings Limited to Report First Half, 2024 Results on Mar 14, 2024

Is Now The Time To Put Myer Holdings (ASX:MYR) On Your Watchlist?

Is It Too Late To Consider Buying Myer Holdings Limited (ASX:MYR)?

Independent Director recently bought AU$51k worth of stock

Price target decreased by 11% to AU$0.63

Non-Executive Director recently bought AU$99k worth of stock

Independent Non-Executive Director recently bought AU$125k worth of stock

Returns At Myer Holdings (ASX:MYR) Are On The Way Up

Upcoming dividend of AU$0.01 per share at 8.5% yield

Myer Holdings Limited Announces Dividend for the Six Months Ended July 29, 2023, Payable on November 16, 2023

Full year 2023 earnings released: EPS: AU$0.074 (vs AU$0.06 in FY 2022)

New minor risk - Financial data availability

Myer Holdings Limited, Annual General Meeting, Nov 09, 2023

Price target decreased by 13% to AU$0.70

Is Myer Holdings (ASX:MYR) A Risky Investment?

John King to Retire as CEO of Myer Holdings Limited in the Second Half of Calendar 2024

We Like These Underlying Return On Capital Trends At Myer Holdings (ASX:MYR)

Upcoming dividend of AU$0.08 per share at 5.1% yield

Myer Holdings (ASX:MYR) Has A Pretty Healthy Balance Sheet

First half 2023 earnings released: EPS: AU$0.079 (vs AU$0.039 in 1H 2022)

Investor sentiment improves as stock rises 31%

Consensus EPS estimates increase by 22%

Myer Holdings Limited Provides Earnings Guidance for the First Half of 2023

Should You Be Adding Myer Holdings (ASX:MYR) To Your Watchlist Today?

Price target increased to AU$0.60

Myer Holdings Limited Elects Terrence McCartney as a Non-Executive Director

Myer Holdings Limited Announces Dividend Relates to Period of Six Months Ended 30 July 2022, Payable on 7 November 2022

Myer Holdings Limited, Annual General Meeting, Nov 10, 2022

Myer Holdings Limited Announces Closure of Store Located at Frankston in Victoria

Consensus EPS estimates increase by 20%

Is Myer Holdings Limited (ASX:MYR) Trading At A 43% Discount?

Myer Holdings Limited Provides Earnings Guidance for the Fiscal Second Half and Full Year Ending 30 July 2022

Price target decreased to AU$0.54

Myer Holdings Limited to Report First Half, 2022 Results on Mar 10, 2022

Myer Holdings Limited Announces Closure of Myer Blacktown