MYR Group (FRA:MYP) Asset Turnover: 0.61 (As of Mar. 2026)


FRA:MYP MYR Group Inc FRA:MYP
83 GF Score
Price €420.80
GF Value €160.04
Valuation Significantly Overvalued
! 8 Warning Signs
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What is MYR Group Asset Turnover?

MYR Group FRA:MYP +3.24% 83 Asset Turnover is 0.61 as of Mar. 2026. GuruFocus rates FRA:MYP with a GF Score™ of 83/100 and a GF Value™ of €160.04 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. MYR Group's Revenue for the three months ended in Mar. 2026 was €865 Mil. MYR Group's Total Assets for the quarter that ended in Mar. 2026 was €1,426 Mil. Therefore, MYR Group's Asset Turnover for the quarter that ended in Mar. 2026 was 0.61.

Asset Turnover is linked to ROE % through Du Pont Formula. MYR Group's annualized ROE % for the quarter that ended in Mar. 2026 was 27.63%. It is also linked to ROA % through Du Pont Formula. MYR Group's annualized ROA % for the quarter that ended in Mar. 2026 was 11.36%.


MYR Group  (FRA:MYP) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

MYR Group's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=161.928/585.9695
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(161.928 / 3461.316)*(3461.316 / 1425.7775)*(1425.7775/ 585.9695)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.68 %*2.4277*2.4332
=ROA %*Equity Multiplier
=11.36 %*2.4332
=27.63 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

MYR Group's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=161.928/1425.7775
=(Net Income / Revenue)*(Revenue / Total Assets)
=(161.928 / 3461.316)*(3461.316 / 1425.7775)
=Net Margin %*Asset Turnover
=4.68 %*2.4277
=11.36 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


MYR Group Asset Turnover Related Terms


MYR Group Asset Turnover Historical Data

* Premium members only.

The historical data trend for MYR Group's Asset Turnover 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.

MYR Group Asset Turnover Chart

MYR Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.44 2.46 2.41 2.24 2.21

MYR Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover 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 0.55 0.56 0.58 0.59 0.61

FRA:MYP vs TTEK, ECG, PRIM: Asset Turnover Comparison

For the Engineering & Construction subindustry, MYR Group's Asset Turnover, along with its competitors' market caps and Asset Turnover 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.


MYR Group Asset Turnover vs Construction Industry

For the Construction industry and Industrials sector, MYR Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where MYR Group's Asset Turnover falls into.


FRA:MYP
83GF Score
MYR Group Inc FRA:MYP
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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MYR Group Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

MYR Group's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=3123.837/( (1421.808+1404.043)/ 2 )
=3123.837/1412.9255
=2.21

MYR Group's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=865.329/( (1404.043+1447.512)/ 2 )
=865.329/1425.7775
=0.61

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.61 mean?
MYR Group (FRA:MYP) has a Asset Turnover of 0.61 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on MYR Group and its competitors.
Is MYR Group's Asset Turnover too high?
MYR Group's current Asset Turnover is 0.61. Overall, MYR Group has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MYR Group's Asset Turnover compare to TTEK and ECG?
MYR Group's Asset Turnover of 0.61 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Construction company?
A good Asset Turnover depends on the Construction industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on MYR Group and its competitors. MYR Group's current Asset Turnover is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MYR Group stock overvalued right now?
Based on GuruFocus' analysis, MYR Group (FRA:MYP) is currently considered Significantly Overvalued. The stock's GF Value™ is €160.04, compared to a current price of €420.80 — trading 162.9% above its estimated fair value. The current Asset Turnover is 0.61. MYR Group's overall GF Score™ is 83/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For MYR Group (FRA:MYP), the current Asset Turnover is 0.61 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MYR Group (FRA:MYP) Overvalued in 2026?

Based on GuruFocus' analysis, MYR Group stock appears to be overvalued. The current stock price of €420.80 is trading 162.9% above its estimated GF Value™ of €160.04. GuruFocus considers MYR Group to be Significantly Overvalued.

Key valuation signals for FRA:MYP:

  • Asset Turnover: 0.61
  • GF Value™: €160.04 vs. price of €420.80 (162.9% above fair value)
  • GF Score™: 83/100 with 8 warning signs

No single metric tells the full story. See the FRA:MYP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MYR Group Business Description

Other Exchanges MYRG:USAMYP:Germany
Address 12121 Grant Street, Suite 610, Thornton, CO, USA, 80241
MYR Group Inc is a U.S. based holding company of specialty electrical construction service providers. Through its subsidiaries, it serves electric utility, commercial, and industrial construction markets in the United States and Canada, offering services such as design, engineering, procurement, construction, upgrades, maintenance, and repair, with a focus on construction, maintenance, and repair work. The company operates through two segments: Transmission and Distribution (T&D) and Commercial and Industrial (C&I). The majority of revenue is derived from the T&D segment, which provides a range of services on electric transmission and distribution networks and substation facilities, which include design, engineering, procurement, construction, upgrade and maintenance and repair services.
83GF Score

Get the complete analysis for FRA:MYP

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€420.80
Price
€160.04
GF Value