MYR Group Inc. (MYRG) stock analysis

P/E below its 5-year median

MYR's P/E of 22.2 is below its own 5-year median of 28.1.

P/E below the industry

MYR's P/E of 22.2 is below the Heavy Construction Other Than Building Construction Contractors median of 26.9.

EV/EBITDA below its 5-year median

MYR's EV/EBITDA of 13.0 is below its 5-year median of 17.7.

P/S above the industry

MYR's price-to-sales of 0.99 is above the Heavy Construction Other Than Building Construction Contractors median of 0.71 (book value is negative, so we use sales).

Trading below fair value

The share price of $273.09 is below our fair value estimate of $333.99.

Margin of safety under 20%

The price is 18.2% below fair value, less than the 20% cushion we look for.

Revenue growing under 10% a year

Revenue grew 6.7% a year over the last three fiscal years, short of the 10% we look for.

EPS growing 10%+ a year

Diluted EPS grew 15.3% a year over the last three fiscal years.

Earnings growth accelerating

Net income grew 97.5% over the last twelve months, against a 5-year average of 15.0% a year.

Growing faster than the industry

Revenue grew 22.8% over the last twelve months; the Heavy Construction Other Than Building Construction Contractors median is 16.4%.

Company guidance

No outlook found in earnings releases from the last twelve months.

Gross margin improving

Gross margin was 13.0% over the last twelve months, against 11.3% a year earlier.

Return on equity

Needs positive equity and five years of results.

Return on invested capital

Needs operating income and invested capital.

Return on equity against the industry

Needs positive equity.

Earnings grew over 5 years

Net income grew 15.0% a year on average over the last five fiscal years.

Net margin above its 5-year average

Net margin was 4.5% over the last twelve months, against a 5-year average of 2.6%.

Net margin above the industry

MYR's net margin of 4.5% is above the Heavy Construction Other Than Building Construction Contractors median of 2.6%.

Debt level

Needs debt and equity figures.

Debt trend

Needs a balance sheet from five years ago with positive equity.

Debt covered by cash flow

Operating cash flow over the last twelve months equals 115% of total debt.

Interest well covered

Operating income covers interest expense 45.3 times.

Short-term assets cover short-term debts

Current assets are 1.33 times current liabilities.

Low bankruptcy risk

The Altman Z-score is 5.05; above 3 is the safe zone and below 1.8 the distress zone.

No dividend

MYR has not paid a dividend in the last twelve months.

Yield against Treasuries

No dividend.

Yield against the market

No dividend.

Dividend stability

No dividend.

Earnings cover

No dividend.

Cash-flow cover

No dividend.