Myr Group Inc.

Industrials
Water, Sewer, Pipeline, Comm & Power Line Construction
www.myrgroup.com

Earnings Score
Moat Score
Safety Score
Final Score

Market Cap $2.68B
PE 70
Debt $97.55M
Cash $7.57M
EV $2.77B
FCF $24.04M

Earnings

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Sales & Net Margins

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Earnings	$38.35M
EBIT	$61.13M
ROE	7%
ROA	4%
FCF	$24.04M
Equity	$588.51M
Growth Stability	75%
PE	69.91
PEG	7.71
PB	4.56
P/FCF	111.53
P/S	0.76
Price/Cash	0
Debt/Equity	0.17
Debt/FCF	4.06
Net Margins	1%
Gross Margins	9%
Op. Margins	2%
Earnings CAGR	21%
Sales Growth YoY	-5%
Sales Growth QoQ	7%
Sales CAGR	17%
FCF CAGR	4%
Equity CAGR	10%
Earnings Stability	0.76
Earnings Growth YoY	-50%
Earnings Growth QoQ	-170%

Earnings CAGR 5Y	9%
Sales CAGR 5Y	14%
FCF CAGR 5Y	-5%
Equity CAGR 5Y	13%
Earnings CAGR 3Y	17%
Sales CAGR 3Y	17%
FCF CAGR 3Y	-12%
Equity CAGR 3Y	8%
Market Cap	$2.68B
Revenue	$3.54B
Assets	$1.59B
Total Debt	$97.55M
Cash	$7.57M
Shares Outstanding	16.12M
EV	2.77B
Earnings Score	93%
Moat Score	54%
Safety Score	87%
Final Score	78%
Working Capital	269.19M
Current Ratio	1.35
Gross Profit	$301.87M
Shares Growth 3y	-1%
Equity Growth QoQ	-7%
Equity Growth YoY	-6%

Assets & ROA

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Stockholders Equity & ROE

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MYR Group Inc is a U.S.-based holding company that provides specialty electrical construction services through its subsidiaries. The company operates through two segments. The transmission and distribution segment provides designing, engineering, procurement, construction, upgrade, maintenance, and repair services on transmission and distribution network and substation facilities. The commercial and industrial segment provides services such as the design, installation, maintenance, and repair of commercial and industrial wiring, installation of traffic networks, and the installation of bridges. MYR Group generates the majority of its sales from the United States and Canada.

SEC Filings

Direct access to Myr Group Inc. (MYRG) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2023
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2022
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31

Sector Comparison

How does Myr Group Inc. compare to its competitors?

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Peter Lynch's Chart

This chart shows the current pricing of Myr Group Inc. compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 21%

Stability 76%

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Myr Group Inc. Discounted Cash Flow

Fully customizable DCF calculator online for Myr Group Inc..

Years

Calculation mode

= $316M

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$24M	$25M	$26M	$27M	$28M	$29M	$30M	$32M	$33M	$34M	$36M	$355M
DCF		$23M	$21M	$20M	$19M	$18M	$17M	$16M	$15M	$14M	$14M	$137M
Value	$316M

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Net Margins	4%	3%	2%	2%	2%	2%	3%	3%	3%	2%	1%
ROA	-	9%	7%	5%	7%	6%	9%	11%	8%	8%	4%
ROE	-	8%	8%	7%	10%	10%	14%	16%	15%	14%	7%

Bad Net Margins (0.57%)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Debt over FCF	-	-0	2.03	-1.97	2.74	24.69	0.26	0.07	0.5	-3.16	4.06
Debt over Equity	-	0	0.22	0.28	0.29	0.48	0.08	0.01	0.08	0.07	0.17
Growth Stability	-	-	-	75%	100%	100%	100%	100%	100%	100%	75%

Bad Debt/FCF ratio (4.06)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Good Debt/Equity ratio (0.17)

The company is not overleveraged and has a good balance between equity and debt.

Bad Graham’s Stability (75%)

The company has a bad stability in its earnings, which is a sign of a bad competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	CAGR 5Y
Revenue YoY growth	-	12%	8%	23%	9%	35%	9%	11%	20%	21%	14%
Earnings YoY growth	-	-25%	-22%	-1%	47%	16%	62%	45%	-2%	9%	9%
Equity YoY growth	-	2%	-20%	9%	13%	12%	18%	21%	8%	16%	13%
FCF YoY growth	-	-123%	-909%	-238%	-185%	-79%	2K%	-35%	7%	-115%	-5%