Quality Investor

Myers Industries, Inc.

Rank #202Value

MYE · NYSE · Consumer Cyclical

Myers Industries, Inc. (MYE) — Rank #202 by gross profitability (GP/assets 0.33) · ROE 11.4% · Piotroski F-Score 6 / 9.

As-of 2026-09-15 · CIK 0000069488 · all metrics point-in-time as of the filing date.

About

Myers Industries, Inc. engages in distribution of tire service supplies in Ohio.

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The company operates through two segments, The Material Handling and Distribution. The Material Handling segment designs, manufactures, and markets plastic, metal and rubber products, including plastic reusable containers, pallets, small parts bins, bulk shipping containers, OEM parts, storage and organization, custom plastic products, composite ground protection matting, consumer fuel containers and tanks for water, and fuel and waste handling, as well as offers injection molded, rotationally molded, compression molded or blow molded products. This segment serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational and marine vehicles, healthcare, appliance, bakery, electronics, textiles, construction, infrastructure, consumer markets, and other markets under Akro-Mils, Jamco, Buckhorn, Ameri-Kart, Scepter, Elkhart Plastics, Trilogy Plastics, and Signature Systems brands directly to end-users, as well as through distributors. The Distribution segment engages in the distribution of tools, equipment, and supplies for tire, wheel, and under-vehicle service on passenger, heavy truck, and off-road vehicles; and manufacture and sale of tire repair materials and custom rubber products, as well as reflective highway marking tapes under the Myers Tire Supply, Myers Tire Supply International, Tuffy, Mohawk Rubber Sales, Patch Rubber Company, Elrick, Fleetline, MTS, MTS Xpress, Seymoure, Advance Traffic Markings, and MXP brands. This segment serves retail and truck tire dealers, commercial auto and truck fleets, auto dealers, general service and repair centers, tire re-treaders, truck stop operations, and government agencies. Myers Industries, Inc.

was founded in 1933 and is headquartered in Akron, Ohio.

Industry
Packaging & Containers
Sector
Consumer Cyclical
State
OH
Filer Category
Accelerated filer
Fiscal Year End
December 31

Price History

MYE+55.0% · +9.2% CAGRSPY+80.5% · +12.5% CAGR

Company Snapshot

P/E and dividend yield are the primary valuation lenses for mature businesses.

Market Cap

$1.10B

P/E (annual)

31.4

P/S (annual)

1.3

P/B

3.6

P/OCF (annual)

12.7

Shareholder Yield

1.4%

Employees

2,200

Industry

Packaging & Containers

Exchange

NYSE

Signal Flags

2 green1 red
Operating leverage expandingOperating income growing faster than revenue
Sequential beat (rev + EPS)Both revenue and EPS exceeded prior quarter — 2-quarter streak
Revenue declining YoYRevenue contracted year over year

Quality Profile

Profitability

1/1 pass
GP / assets
0.33
Return on equity
11.4%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
1.76
Current ratio
1.61×
Net cash
-$264.25M

Cash Flow

3/3 pass
Positive FCF
PASS
Cash-backed earnings
PASS
Accruals healthy
PASS
SBC / revenue
0.4%

Growth

1/2 pass
Revenue growth
-1.3%
Piotroski F-Score
6 / 9
Share dilution
0.4%

Terry Smith quality gate

Passes 1/5 Terry Smith thresholds

1 of 5 threshold not computable from filed data.

What Growth Is Priced In

Implied revenue growth (10Y)

4.9%

incredible deal

The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).

Dilution drag: 0.4% — per-share value needs a total required return of 5.4% once share-count change is priced in.

vs. own 6-year median revenue growth: 0.9%

priced above its own history

Cost-of-equity sensitivity (implied growth at different discount rates)

r = 8%

0.8%

r = 10% (base)

4.9%

r = 12%

8.5%

Net debt / market cap: 24.1%

Base FCF: $67.2M3Y mean FCF: $61.8M

Valuation History

Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.

P / E

Price / diluted EPS

24.5xFair
13.0xmed 20.6x613.0x

P / S

Price / revenue per share

1.0xExpensive
0.6xmed 1.0x1.4x

P / B

Price / book value per share

2.9xCheap
1.7xmed 3.1x6.0x

P / GP

Price / gross profit per share

3.1xFair
1.7xmed 3.1x4.2x

P / FCF

Price / free cash flow per share

12.7xFair
8.5xmed 13.6x25.9x

Dividend yield and payout ratio are the primary reads at this stage (trailing P/E — see valuation above).

Profitability

Gross profitability (GP / assets)

0.33

Primary signal (Novy-Marx).

2nd of 6 SIC 30 peers

Return on equity

11.4%

Gross margin

33.4%

4th of 6 SIC 30 peers

Revenue growth (YoY)

-1.3%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2022202320242025
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

-2.8%

Revenue CAGR (5Y)

10.1%

Earnings CAGR (3Y)

-16.6%

FCF CAGR (3Y)

11.6%

Anti-fragile safety

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

1.76

6th of 6 SIC 30 peers (best = lowest)

Current ratio

1.61×

5th of 6 SIC 30 peers

Quick ratio

0.80×

Net cash

-$264.25M

Cash & equivalents minus total debt.

Cash-flow health

Free cash flow

$67.21M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF / net income

0.92

Cash-backing of earnings.

FCF/NI divergence

Unfavorable divergence (yellow flag).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

0.4%

Stock-based comp intensity.

Dividend safety

Composite score

3.2 / 5

Good
Payout ratio
58.7%3/5 Good
FCF coverage
3.28×5/5 Strong
Dividend growth streak
9 yr4/5 Strong
Balance-sheet health
D/E 1.76 · IC N/A1/5 Weak

Piotroski F-Score

F-Score

6 / 9

Fundamental-strength score (0-9).

Lifecycle Phase History

20202025
Value
Hypergrowth
Capital Return
Decline