As of today (2024-04-23), Myers Industries's share price is $22.02.
Myers Industries's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.71. Hence, Myers Industries's Price-to-Free-Cash-Flow Ratio for today is 12.88.
The historical rank and industry rank for Myers Industries's Price-to-Free-Cash-Flow or its related term are showing as below:
MYE'
s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 7.17 Med: 14.87 Max: 76.82
Current: 12.87
During the past 13 years, Myers Industries's highest Price-to-Free-Cash-Flow Ratio was 76.82. The lowest was 7.17. And the median was 14.87.
MYE's Price-to-Free-Cash-Flow is ranked worse than 52.23% of 247
companies
in the Packaging & Containers industry
Industry Median: 11.54
vs MYE: 12.87
During the past 12 months, the average Free Cash Flow per Share Growth Rate of Myers Industries was 29.90% per year.
During the past 3 years, the average Free Cash Flow per Share Growth Rate was 22.80% per year.
During the past 5 years, the average Free Cash Flow per Share Growth Rate was 0.20% per year.
During the past 10 years, the average Free Cash Flow per Share Growth Rate was 4.30% per year.
During the past 13 years, Myers Industries's highest 3-Year average Free Cash Flow per Share Growth Rate was 53.70% per year. The lowest was -31.60% per year. And the median was -4.75% per year.
Myers Industries Price-to-Free-Cash-Flow Historical Data
The historical data trend for Myers Industries's Price-to-Free-Cash-Flow 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.
For the Packaging & Containers subindustry, Myers Industries's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Distribution
For the Packaging & Containers industry and Consumer Cyclical sector, Myers Industries's Price-to-Free-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Myers Industries's Price-to-Free-Cash-Flow falls into.
Myers Industries's Share Price of today is $22.02.
Myers Industries's Free Cash Flow per Share 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 $1.71.
* 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.
It can also be calculated from the numbers for the whole company:
Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.
In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.
Be Aware
In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.
Myers Industries Price-to-Free-Cash-Flow Related Terms
Thank you for viewing the detailed overview of Myers Industries's Price-to-Free-Cash-Flow 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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