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Myers Industries (Myers Industries) EV-to-EBIT : 12.14 (As of Apr. 26, 2024)


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What is Myers Industries EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Myers Industries's Enterprise Value is $879.0 Mil. Myers Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $72.4 Mil. Therefore, Myers Industries's EV-to-EBIT for today is 12.14.

The historical rank and industry rank for Myers Industries's EV-to-EBIT or its related term are showing as below:

MYE' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.65   Med: 18.35   Max: 288.42
Current: 12.14

During the past 13 years, the highest EV-to-EBIT of Myers Industries was 288.42. The lowest was 6.65. And the median was 18.35.

MYE's EV-to-EBIT is ranked better than
55.89% of 331 companies
in the Packaging & Containers industry
Industry Median: 13.39 vs MYE: 12.14

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Myers Industries's Enterprise Value for the quarter that ended in Dec. 2023 was $785.6 Mil. Myers Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $72.4 Mil. Myers Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.22%.


Myers Industries EV-to-EBIT Historical Data

The historical data trend for Myers Industries's EV-to-EBIT 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.

* Premium members only.

Myers Industries EV-to-EBIT Chart

Myers Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.48 15.20 17.00 10.97 10.85

Myers Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.97 11.28 11.11 10.34 10.85

Competitive Comparison of Myers Industries's EV-to-EBIT

For the Packaging & Containers subindustry, Myers Industries's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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-EBIT Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Myers Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Myers Industries's EV-to-EBIT falls into.



Myers Industries EV-to-EBIT Calculation

Myers Industries's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=878.969/72.405
=12.14

Myers Industries's current Enterprise Value is $879.0 Mil.
Myers Industries's EBIT 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 $72.4 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.


Myers Industries  (NYSE:MYE) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Myers Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=72.405/785.588175
=9.22 %

Myers Industries's Enterprise Value for the quarter that ended in Dec. 2023 was $785.6 Mil.
Myers Industries's EBIT 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 $72.4 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.


Myers Industries EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Myers Industries's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Myers Industries (Myers Industries) Business Description

Traded in Other Exchanges
Address
1293 South Main Street, Akron, OH, USA, 44301
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.
Executives
Yvette Dapremont Bright director 739 WESTVIEW STREET, PHILADELPHIA PA 19119
Michael P. Mcgaugh director, officer: President and CEO 1293 SOUTH MAIN STREET, AKRON OH 44301
Fitz E Grant officer: EVP & CFO C/O BLINK CHARGING CO., 407 LINCOLN ROAD, SUITE 704, MIAMI BEACH FL 33139
Lori A. Lutey director 3101 PACKERLAND DRIVE, GREEN BAY WI 54313
Jeffrey Kramer director C/O SCHWEITZER-MAUDUIT INTERNT'L, INC., SUITE 600, ALPHARETTA GA 30022
Liebau Frederic Jack Jr director P.O. BOX 2200, PASADENA CA 91102-2200
William A Foley director P O BOX 10060, TOLEDO OH 436990060
Monica P. Vinay officer: Interim CFO, VP and Treasurer 1293 SOUTH MAIN STREET, AKRON OH 44301
Bruce M Lisman director C/O MERCHANTS BANK, 275 KENNEDY DR, S. BURLINGTON VT 05403
Ronald M Defeo director 600 GRANT STREET, SUITE 5100, PITTSBURGH PA 15219
Jim Gurnee officer: VP Sales/Marketing/Commercial 1293 S MAIN ST, AKRON OH 44301
Paul Allan Johnson officer: VP, Distribution Segment 1293 SOUTH MAIN STREET, AKRON OH 44301
Jeffrey Jon Baker officer: VP, Shared Services 1293 SOUTH MAIN STREET, AKRON OH 44301
Sarah R Coffin director 31515 BALLANTYNE CORP, C/O SPX CORP, CHARLOTTE NC 28277
Sonal P. Robinson officer: EVP, Finance 1293 SOUTH MAIN STREET, AKRON OH 44301