MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. More Details
Undervalued with solid track record.
Share Price & News
How has MYR Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MYRG is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MYRG's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: MYRG exceeded the US Construction industry which returned 18.3% over the past year.
Return vs Market: MYRG exceeded the US Market which returned 20.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is MYR Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StThis Insider Has Just Sold Shares In MYR Group Inc. (NASDAQ:MYRG)
2 weeks ago | Simply Wall StMYR Group Inc.'s (NASDAQ:MYRG) Intrinsic Value Is Potentially 44% Above Its Share Price
3 weeks ago | Simply Wall StThis Insider Has Just Sold Shares In MYR Group Inc. (NASDAQ:MYRG)
Is MYR Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MYRG ($52.1) is trading below our estimate of fair value ($67.81)
Significantly Below Fair Value: MYRG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MYRG is good value based on its PE Ratio (16.3x) compared to the US Construction industry average (21.5x).
PE vs Market: MYRG is good value based on its PE Ratio (16.3x) compared to the US market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: MYRG is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: MYRG is good value based on its PB Ratio (2.1x) compared to the US Construction industry average (2.3x).
How is MYR Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MYRG's forecast earnings growth (8.5% per year) is above the savings rate (2.2%).
Earnings vs Market: MYRG's earnings (8.5% per year) are forecast to grow slower than the US market (22% per year).
High Growth Earnings: MYRG's earnings are forecast to grow, but not significantly.
Revenue vs Market: MYRG's revenue (3.3% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: MYRG's revenue (3.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MYRG's Return on Equity is forecast to be low in 3 years time (14.8%).
How has MYR Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MYRG has high quality earnings.
Growing Profit Margin: MYRG's current net profit margins (2.4%) are higher than last year (1.8%).
Past Earnings Growth Analysis
Earnings Trend: MYRG's earnings have grown by 16.2% per year over the past 5 years.
Accelerating Growth: MYRG's earnings growth over the past year (50%) exceeds its 5-year average (16.2% per year).
Earnings vs Industry: MYRG earnings growth over the past year (50%) exceeded the Construction industry 15.3%.
Return on Equity
High ROE: MYRG's Return on Equity (13.1%) is considered low.
How is MYR Group's financial position?
Financial Position Analysis
Short Term Liabilities: MYRG's short term assets ($658.8M) exceed its short term liabilities ($459.6M).
Long Term Liabilities: MYRG's short term assets ($658.8M) exceed its long term liabilities ($150.8M).
Debt to Equity History and Analysis
Debt Level: MYRG's debt to equity ratio (17.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MYRG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MYRG's debt is well covered by operating cash flow (230.5%).
Interest Coverage: MYRG's interest payments on its debt are well covered by EBIT (14x coverage).
What is MYR Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MYRG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MYRG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MYRG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MYRG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MYRG's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rick Swartz (56 yo)
Mr. Richard S. Swartz, Jr., also known as Rick, has been the Chief Executive Officer and President of MYR Group Inc. since January 1, 2017. Mr. Swartz serves as the Director at MYR Group Inc. since April 2...
CEO Compensation Analysis
Compensation vs Market: Rick's total compensation ($USD2.72M) is about average for companies of similar size in the US market ($USD2.56M).
Compensation vs Earnings: Rick's compensation has been consistent with company performance over the past year.
|Senior VP & CFO||5.08yrs||US$1.39m||0.20% |
|VP, Chief Legal Officer & Corporate Secretary||1.83yrs||US$1.30m||0.0067% |
|Senior VP & COO of Transmission and Distribution||7.25yrs||US$1.39m||0.15% |
|Senior VP and COO of Commercial & Industrial||3.83yrs||US$1.27m||0.082% |
|Senior Vice President||no data||no data||no data|
|Vice President of Human Resources||no data||no data||no data|
Experienced Management: MYRG's management team is considered experienced (3.8 years average tenure).
|Independent Chairman||2.58yrs||US$229.97k||0.089% |
|Independent Director||5.33yrs||US$159.97k||0.081% |
|Independent Director||12.92yrs||US$154.97k||0.16% |
|Independent Director||2.33yrs||US$154.97k||0.038% |
|Independent Director||4.58yrs||US$154.97k||0.058% |
|Independent Director||10.5yrs||US$167.47k||0.16% |
|Director||0.58yr||no data||no data|
Experienced Board: MYRG's board of directors are considered experienced (4.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MYRG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
MYR Group Inc.'s company bio, employee growth, exchange listings and data sources
- Name: MYR Group Inc.
- Ticker: MYRG
- Exchange: NasdaqGS
- Founded: 1891
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: US$871.483m
- Shares outstanding: 16.73m
- Website: https://www.myrgroup.com
Number of Employees
- MYR Group Inc.
- 1701 Golf Road
- Suite 3-1012
- Rolling Meadows
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MYRG||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Aug 2008|
|MYP||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Aug 2008|
MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. It operates in two segments, Transmission and Distribution, and Commercial and Industria...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/29 00:23|
|End of Day Share Price||2020/11/27 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.