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$0.51|
|52 Week High||AU$0.64|
|52 Week Low||AU$0.29|
|1 Month Change||34.21%|
|3 Month Change||14.61%|
|1 Year Change||-0.97%|
|3 Year Change||-1.92%|
|5 Year Change||-32.45%|
|Change since IPO||-86.40%|
Recent News & Updates
Is Myer Holdings Limited (ASX:MYR) Trading At A 43% Discount?
How far off is Myer Holdings Limited ( ASX:MYR ) from its intrinsic value? Using the most recent financial data, we'll...
|MYR||AU Multiline Retail||AU Market|
Return vs Industry: MYR exceeded the Australian Multiline Retail industry which returned -24.6% over the past year.
Return vs Market: MYR exceeded the Australian Market which returned -8.1% over the past year.
|MYR Average Weekly Movement||10.6%|
|Multiline Retail Industry Average Movement||4.7%|
|Market Average Movement||10.5%|
|10% most volatile stocks in AU Market||17.8%|
|10% least volatile stocks in AU Market||4.7%|
Stable Share Price: MYR is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: MYR's weekly volatility (11%) has been stable over the past year.
About the Company
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|
Is MYR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MYR income statement (TTM)|
|Cost of Revenue||AU$1.24b|
Last Reported Earnings
Jan 29, 2022
Next Earnings Date
|Earnings per share (EPS)||0.043|
|Net Profit Margin||1.52%|
How did MYR perform over the long term?See historical performance and comparison
5.9%Current Dividend Yield
Is MYR undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MYR?
Other financial metrics that can be useful for relative valuation.
|What is MYR's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does MYR's PE Ratio compare to its peers?
|MYR PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
MHJ Michael Hill International
TRS Reject Shop
PWR Peter Warren Automotive Holdings
ASG Autosports Group
MYR Myer Holdings
Price-To-Earnings vs Peers: MYR is good value based on its Price-To-Earnings Ratio (11.7x) compared to the peer average (13.6x).
Price to Earnings Ratio vs Industry
How does MYR's PE Ratio compare vs other companies in the Global Multiline Retail Industry?
Price-To-Earnings vs Industry: MYR is good value based on its Price-To-Earnings Ratio (11.7x) compared to the Global Multiline Retail industry average (16.1x)
Price to Earnings Ratio vs Fair Ratio
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.
|Current PE Ratio||11.7x|
|Fair PE Ratio||12x|
Price-To-Earnings vs Fair Ratio: MYR is good value based on its Price-To-Earnings Ratio (11.7x) compared to the estimated Fair Price-To-Earnings Ratio (12x).
Share Price vs Fair Value
What is the Fair Price of MYR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: MYR (A$0.51) is trading above our estimate of fair value (A$0.49)
Significantly Below Fair Value: MYR is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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How is Myer Holdings forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 (-0.3% per year).
Earnings vs Market: MYR's earnings are forecast to decline over the next 3 years (-0.3% per year).
High Growth Earnings: MYR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: MYR's revenue (1.8% per year) is forecast to grow slower than the Australian market (5.8% per year).
High Growth Revenue: MYR's revenue (1.8% 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 (17.1%).
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How has Myer Holdings performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
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 26% 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 (-3.9%).
Return on Equity
High ROE: MYR's Return on Equity (13.5%) is considered low.
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How is Myer Holdings's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MYR's short term assets (A$697.6M) do not cover its short term liabilities (A$730.1M).
Long Term Liabilities: MYR's short term assets (A$697.6M) do not cover its long term liabilities (A$1.7B).
Debt to Equity History and Analysis
Debt Level: MYR has more cash than its total debt.
Reducing Debt: MYR's debt to equity ratio has increased from 8.6% to 21.5% over the past 5 years.
Debt Coverage: MYR's debt is well covered by operating cash flow (313%).
Interest Coverage: MYR's interest payments on its debt are not well covered by EBIT (1.6x coverage).
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What is Myer Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MYR's dividend (5.88%) is higher than the bottom 25% of dividend payers in the Australian market (2.64%).
High Dividend: MYR's dividend (5.88%) is low compared to the top 25% of dividend payers in the Australian market (6.4%).
Stability and Growth of Payments
Stable Dividend: MYR's dividend payments have been volatile in the past 10 years.
Growing Dividend: MYR's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.8%), MYR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.5%), MYR's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John King (59 yo)
Mr. John Anthony King has been the Chief Executive Officer, Managing Director and Director of Myer Holdings Limited since June 4, 2018. He has overall accountability for Myer strategy and performance. Mr....
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD1.70M) is above average for companies of similar size in the Australian market ($USD557.95K).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Experienced Management: MYR's management team is considered experienced (3.8 years average tenure).
Experienced Board: MYR's board of directors are considered experienced (4.2 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Myer Holdings Limited's employee growth, exchange listings and data sources
- Name: Myer Holdings Limited
- Ticker: MYR
- Exchange: ASX
- Founded: 1900
- Industry: Department Stores
- Sector: Retail
- Implied Market Cap: AU$418.852m
- Shares outstanding: 821.28m
- Website: https://www.myer.com.au
Number of Employees
- Myer Holdings Limited
- 800 Collins Street
- Level 7
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/10 00:00|
|End of Day Share Price||2022/08/10 00:00|
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.