EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Myers Industries's enterprise value is $878.6 Mil.
Myers Industries's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $95.2 Mil. Therefore, Myers Industries's EV-to-EBITDA for today is 9.23.
The historical rank and industry rank for Myers Industries's EV-to-EBITDA or its related term are showing as below:
MYE'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.54 Med: 10.86 Max: 25.67
Current: 9.23
During the past 13 years, the highest EV-to-EBITDA of Myers Industries was 25.67. The lowest was 4.54. And the median was 10.86.
MYE's EV-to-EBITDA is ranked better than 55.14% of 350
companies
in the Packaging & Containers industry
Industry Median: 9.81
vs MYE: 9.23
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2024-04-24), Myers Industries's stock price is $22.01.
Myers Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.320. Therefore, Myers Industries's PE Ratio for today is 16.67.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.
Myers Industries EV-to-EBITDA Historical Data
The historical data trend for Myers Industries's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Myers Industries's EV-to-EBITDA
For the Packaging & Containers subindustry, Myers Industries's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Myers Industries's EV-to-EBITDA Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Myers Industries's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Myers Industries's EV-to-EBITDA falls into.
Myers Industries EV-to-EBITDA Calculation
Myers Industries's EV-to-EBITDA for today is calculated as:
Myers Industries's current Enterprise Value is $878.6 Mil.
Myers Industries's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $95.2 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Myers Industries's PE Ratio for today is calculated as:
Myers Industries's share price for today is $22.01.
Myers Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.320.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.
Thank you for viewing the detailed overview of Myers Industries's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
Myers Industries (Myers Industries) Business Description
Myers Industries Inc is a plastic manufacturer of returnable packaging, storage and safety products and specialty molding. It manufactures a range of polymer products for industrial, agricultural, automotive, commercial, and consumer markets. It operates through the following segments: The Material Handling segment, which designs manufactures and markets a variety of plastic and metal products. The Distribution segment offers tools, equipment, and supplies used for tire, wheel, and under-vehicle service on passenger, heavy truck, and off-road vehicles.
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