MYR Group, Inc. (MYRG): Price and Financial Metrics

MYRG Stock Price Chart Interactive Chart >

MYRG Price/Volume Stats

MYR Group, Inc. (MYRG) Company Bio

MYR Group Inc. provides electrical construction services in the United States and Canada. It operates through two segments, Transmission and Distribution, and Commercial and Industrial. The company was founded in 1891 and is based in Rolling Meadows, Illinois.

MYRG Price Forecast Based on DCF Valuation

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Myr Group Inc. To summarize, we found that Myr Group Inc ranked in the 83th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 402.5% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for MYRG, they are:

• The stock's equity weight, or the proportion of capital from equity relative to debt, is 96. Its equity weight surpasses that of 88.17% of free cash flow generating stocks in the Industrials sector.
• The business' balance sheet reveals debt to be 4% of the company's capital (with equity being the remaining amount). Approximately just 14.47% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
• MYRG's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than 50.27% of tickers in our DCF set.

SKYW, DY, HBP, KRNT, and PGAS can be thought of as valuation peers to MYRG, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.