| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
MYR Stock Overview
Myer Holdings Limited, together with its subsidiaries, operates department stores in Australia.
Myer Holdings Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.37 |
| 52 Week High | AU$0.64 |
| 52 Week Low | AU$0.28 |
| Beta | 2.13 |
| 1 Month Change | -12.94% |
| 3 Month Change | -32.73% |
| 1 Year Change | 13.85% |
| 3 Year Change | -6.33% |
| 5 Year Change | -70.52% |
| Change since IPO | -90.13% |
Recent News & Updates
An Intrinsic Calculation For Myer Holdings Limited (ASX:MYR) Suggests It's 43% Undervalued
Does the December share price for Myer Holdings Limited ( ASX:MYR ) reflect what it's really worth? Today, we will...
Here's Why Myer Holdings (ASX:MYR) Can Manage Its Debt Responsibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Estimating The Intrinsic Value Of Myer Holdings Limited (ASX:MYR)
Today we will run through one way of estimating the intrinsic value of Myer Holdings Limited ( ASX:MYR ) by taking the...
Myer Holdings (ASX:MYR) Will Will Want To Turn Around Its Return Trends
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Shareholder Returns
| MYR | AU Multiline Retail | AU Market | |
|---|---|---|---|
| 7D | -6.3% | -1.4% | -2.8% |
| 1Y | 13.8% | -0.7% | 5.8% |
Return vs Industry: MYR exceeded the Australian Multiline Retail industry which returned -0.7% over the past year.
Return vs Market: MYR exceeded the Australian Market which returned 5.8% over the past year.
Price Volatility
| MYR volatility | |
|---|---|
| MYR Average Weekly Movement | 6.1% |
| Multiline Retail Industry Average Movement | 4.3% |
| Market Average Movement | 8.6% |
| 10% most volatile stocks in AU Market | 15.4% |
| 10% least volatile stocks in AU Market | 3.7% |
Stable Share Price: MYR is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.
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 | John King | https://www.myer.com.au |
Myer Holdings Limited, together with its subsidiaries, operates department stores in Australia. It offers womenswear, menswear, childrenswear, homewares, beauty products, electrical goods, toys, gift products, and general merchandise. The company operates 59 stores under the Myer brand name.
Myer Holdings Fundamentals Summary
| MYR fundamental statistics | |
|---|---|
| Market Cap | AU$303.87m |
| Earnings (TTM) | AU$46.40m |
| Revenue (TTM) | AU$2.25b |
6.5x
P/E Ratio0.1x
P/S RatioIs MYR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MYR income statement (TTM) | |
|---|---|
| Revenue | AU$2.25b |
| Cost of Revenue | AU$1.19b |
| Gross Profit | AU$1.06b |
| Expenses | AU$1.01b |
| Earnings | AU$46.40m |
Last Reported Earnings
Jul 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.056 |
| Gross Margin | 46.92% |
| Net Profit Margin | 2.06% |
| Debt/Equity Ratio | 29.4% |
How did MYR perform over the long term?
See historical performance and comparisonValuation
Is Myer Holdings undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MYR (A$0.37) is trading below our estimate of fair value (A$0.78)
Significantly Below Fair Value: MYR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MYR is good value based on its PE Ratio (6.5x) compared to the Global Multiline Retail industry average (18.8x).
PE vs Market: MYR is good value based on its PE Ratio (6.5x) compared to the Australian market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: MYR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: MYR is good value based on its PB Ratio (1.3x) compared to the XX Multiline Retail industry average (1.6x).
Future Growth
How is Myer Holdings forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
-4.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MYR's earnings are forecast to decline over the next 3 years (-4.6% per year).
Earnings vs Market: MYR's earnings are forecast to decline over the next 3 years (-4.6% per year).
High Growth Earnings: MYR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: MYR's revenue (2.4% per year) is forecast to grow slower than the Australian market (4.8% per year).
High Growth Revenue: MYR's revenue (2.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MYR's Return on Equity is forecast to be low in 3 years time (17.2%).
Past Performance
How has Myer Holdings performed over the past 5 years?
1.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MYR has high quality earnings.
Growing Profit Margin: MYR became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MYR has become profitable over the past 5 years, growing earnings by 1.7% per year.
Accelerating Growth: MYR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MYR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Multiline Retail industry (22.5%).
Return on Equity
High ROE: MYR's Return on Equity (20.4%) is considered high.
Financial Health
How is Myer Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: MYR's short term assets (A$506.9M) do not cover its short term liabilities (A$590.3M).
Long Term Liabilities: MYR's short term assets (A$506.9M) do not cover its long term liabilities (A$1.7B).
Debt to Equity History and Analysis
Debt Level: MYR has more cash than its total debt.
Reducing Debt: MYR's debt to equity ratio has increased from 13.4% to 29.4% over the past 5 years.
Debt Coverage: MYR's debt is well covered by operating cash flow (414.7%).
Interest Coverage: MYR's interest payments on its debt are not well covered by EBIT (1.7x coverage).
Balance Sheet
Dividend
What is Myer Holdings's current dividend yield, its reliability and sustainability?
6.42%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MYR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MYR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MYR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MYR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MYR is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MYR's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
John King (58 yo)
3.58yrs
Tenure
AU$2,433,212
Compensation
Mr. John Anthony King has been the Chief Executive Officer, Managing Director and Director of Myer Holdings Limited since June 4, 2018. He has overall accountability for Myer strategy and performance. Mr....
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD1.75M) is above average for companies of similar size in the Australian market ($USD537.36K).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: MYR's management team is considered experienced (3.3 years average tenure).
Board Members
Experienced Board: MYR's board of directors are considered experienced (3.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Myer Holdings Limited's employee growth, exchange listings and data sources
Key Information
- Name: Myer Holdings Limited
- Ticker: MYR
- Exchange: ASX
- Founded: 1900
- Industry: Department Stores
- Sector: Retail
- Implied Market Cap: AU$303.873m
- Shares outstanding: 821.28m
- Website: https://www.myer.com.au
Number of Employees
Location
- Myer Holdings Limited
- 800 Collins Street
- Level 7
- Docklands
- Victoria
- 3008
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/22 07:02 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/07/31 |
| Annual Earnings | 2021/07/31 |
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.