Myers Industries, Inc. (MYE) has a MoatMap StockRank of 94/100 based on Quality (63/100), Value (44/100), and Momentum (76/100) factor scores. The current signal is STRONG BUY. Myers Industries manufactures polymer products like material handling containers. It is highly sensitive to plastic resin costs (petrochemicals) and lacks a strong competitive moat.
Myers Industries is a leading manufacturer of polymer products for industrial, agricultural, automotive, and consumer markets, and a top distributor of tools and equipment for the tire service industry. The company operates a highly diversified, vertically integrated business model with strong brand equity in reusable material handling containers. Its competitive moat lies in its extensive distribution footprint and proprietary manufacturing capabilities in rotational and injection molding.
| Price | $24.49 |
| Market Cap | $874M |
| P/E (TTM) | 21.41 |
| P/E (Forward) | 12.78 |
| Price/Book | 3.08 |
| Return on Equity | 14.7% |
| Return on Invested Capital | 10.9% |
| Debt/Equity | 126.06 |
| Gross Margin | 34.4% |
| Operating Margin | 15.1% |
| Revenue Growth | 1.8% |
| Dividend Yield | 2.3% |
| Free Cash Flow | $70M |
Myers Industries, Inc. operates in the Packaging & Containers industry, part of the Consumer Cyclical sector (United States).