IMPORTANT DISCLAIMER: Blank Capital Research ("BCR") is a technology platform, not a registered investment advisor or broker-dealer. The algorithmically generated signals, scores, and rankings provided on this site ("God Mode" Signals) are for informational and research purposes only and do not constitute financial advice, investment recommendations, or an offer to sell or solicit an offer to buy any securities.
HYPOTHETICAL PERFORMANCE RESULTS: The "timing scores" and "regime signals" displayed are based on quantitative models. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity.
RISK OF LOSS: Trading in financial markets involves a high degree of risk and may result in the loss of your entire investment. Data provided by third-party sources (Intrinio, Snowflake) is believed to be reliable but is not guaranteed for accuracy or completeness. Past performance is not indicative of future results.
Relative valuation derived from Materials sector median benchmarks. Model weights: EV/EBITDA (40%), P/B (35%), P/S (25%). Multiples adjusted for extreme outliers and non-recurring volatility.
Auditing capital efficiency...
Quality Profile Audit
Score: 50GRADE C+
Composite assessment of profitability, capital efficiency, and financial strength. Top-tier entities demonstrate sustainable cash flow generation.
Return on Equity
Profit generated per dollar of shareholder equity
4.3%
Sector: 3.3%
Dividend Analysis audit
INCOME
3.19%
Trailing Yield
$3.19
Per $100 Invested
Solid dividend yield for income-focused strategies.
Est. Payout Ratio
198%HIGH
Analyst Projections
Analyst Consensus
Unlock Valuation Tools
Sign up for free access to institutional-quality research tools.
Based on our 6-factor quantitative model, MYERS INDUSTRIES INC (MYE) receives a "Hold" rating with a composite score of 53.7/100, ranked #940 out of 4446 stocks. Key factor scores: Quality 50/100, Value 65/100, Momentum 67/100. This is quantitative analysis only — not investment advice.
MYERS INDUSTRIES INC (MYE) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does MYERS INDUSTRIES INC Do?
Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through The Material Handling and Distribution segments. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, OEM parts, storage, organization, and custom plastic products; injection molded, rotationally molded or blow molded products, consumer fuel containers and tanks for water, fuel, and waste handling. It serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational, and marine vehicles, healthcare, appliance, bakery, electronics, textiles, consumer markets, and other markets under Akro-Mils, Jamco, Buckhorn, Ameri-Kart, Scepter, Elkhart Plastics, and Trilogy Plastics brands directly, as well as through distributors. The Distribution segment engages in the distribution of tools, equipment, and supplies for tire, wheel, and undervehicle 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. 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. The company was founded in 1933 and is headquartered in Akron, Ohio. MYERS INDUSTRIES INC (MYE) is classified as a small-cap stock in the Materials sector, specifically within the Rubber And Plastic Products industry. The company is led by CEO Michael P. McGaugh and employs approximately 2,500 people, headquartered in Cleveland, Ohio. With a market capitalization of $799M, MYE is one of the notable companies in the Materials sector.
MYERS INDUSTRIES INC (MYE) Stock Rating — Hold (April 2026)
As of April 2026, MYERS INDUSTRIES INC receives a Hold rating with a composite score of 53.7/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.MYE ranks #940 out of 4,446 stocks in our coverage universe. Within the Materials sector, MYERS INDUSTRIES INC ranks #57 of 284 stocks, placing it in the top quartile of its Materials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
MYE Stock Price and 52-Week Range
MYERS INDUSTRIES INC (MYE) currently trades at $22.42. The stock gained $0.13 (0.6%) in the most recent trading session. The 52-week high for MYE is $24.03, which means the stock is currently trading -6.7% from its annual peak. The 52-week low is $9.06, putting the stock 147.5% above its annual trough. Recent trading volume was 5K shares, suggesting relatively thin trading activity.
Is MYE Overvalued or Undervalued? — Valuation Analysis
MYERS INDUSTRIES INC (MYE) carries a value factor score of 65/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 61.96x, compared to the Materials sector average of 26.50x — a premium of 134%. The price-to-book ratio stands at 2.68x, versus the sector average of 2.83x. The price-to-sales ratio is 0.95x, compared to 0.74x for the average Materials stock. On an enterprise value basis, MYE trades at 18.06x EV/EBITDA, versus 6.01x for the sector.
Overall, MYE's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
MYERS INDUSTRIES INC Profitability — ROE, Margins, and Quality Score
MYERS INDUSTRIES INC (MYE) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 4.3%, compared to the Materials sector average of 3.3%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 1.5% versus the sector average of 0.6%.
On a margin basis, MYERS INDUSTRIES INC reports gross margins of 33.1%, compared to 29.8% for the sector. The operating margin is 6.0% (sector: 6.0%). Net profit margin stands at 1.5%, versus 3.0% for the average Materials stock. Revenue growth is running at -6.7% on a trailing basis, compared to 1.8% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
MYE Debt, Balance Sheet, and Financial Health
MYERS INDUSTRIES INC has a debt-to-equity ratio of 118.0%, compared to the Materials sector average of 41.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 1.67x, suggesting adequate working capital coverage. Total debt on the balance sheet is $346M. Cash and equivalents stand at $48M.
MYE has a beta of 1.20, meaning it is more volatile than the broader market — a $10,000 investment in MYE would be expected to move 20.1% more than the S&P 500 on any given day. The stability factor score for MYERS INDUSTRIES INC is 61/100, reflecting average volatility within the normal range for its sector.
MYERS INDUSTRIES INC Revenue and Earnings History — Quarterly Trend
In TTM 2026, MYERS INDUSTRIES INC reported revenue of $827M and earnings per share (EPS) of $0.93. Net income for the quarter was $13M. Gross margin was 33.1%. Operating income came in at $50M.
In FY 2025, MYERS INDUSTRIES INC reported revenue of $826M and earnings per share (EPS) of $0.93. Net income for the quarter was $35M. Gross margin was 33.4%. Revenue grew -1.3% year-over-year compared to FY 2024. Operating income came in at $75M.
In Q3 2025, MYERS INDUSTRIES INC reported revenue of $205M and earnings per share (EPS) of $0.19. Net income for the quarter was $7M. Gross margin was 33.4%. Revenue grew 0.2% year-over-year compared to Q3 2024. Operating income came in at $18M.
In Q2 2025, MYERS INDUSTRIES INC reported revenue of $210M and earnings per share (EPS) of $0.26. Net income for the quarter was $10M. Gross margin was 33.7%. Revenue grew -4.8% year-over-year compared to Q2 2024. Operating income came in at $20M.
Over the past 8 quarters, MYERS INDUSTRIES INC has demonstrated a growth trajectory, with revenue expanding from $220M to $827M. Investors analyzing MYE stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
MYE Dividend Yield and Income Analysis
MYERS INDUSTRIES INC (MYE) currently pays a dividend yield of 3.2%. At this yield, a $10,000 investment in MYE stock would generate approximately $$319.00 in annual dividend income. This compares to the Materials sector average dividend yield of 0.5%, meaning MYE offers above-average income for its sector.
MYE Momentum and Technical Analysis Profile
MYERS INDUSTRIES INC (MYE) has a momentum factor score of 67/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 35/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 27/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
MYE vs Competitors — Materials Sector Ranking and Peer Comparison
Comparing MYE against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full MYE vs S&P 500 (SPY) comparison to assess how MYERS INDUSTRIES INC stacks up against the broader market across all factor dimensions.
MYE Next Earnings Date
No upcoming earnings date has been announced for MYERS INDUSTRIES INC (MYE) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy MYE? — Investment Thesis Summary
MYERS INDUSTRIES INC presents a balanced picture with arguments on both sides. The value score of 65/100 suggests attractive pricing relative to fundamentals. Price momentum is positive at 67/100, suggesting the trend favors buyers. Low volatility (stability score 61/100) reduces downside risk.
In summary, MYERS INDUSTRIES INC (MYE) earns a Hold rating with a composite score of 53.7/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on MYE stock.
We'll email you when stocks you follow change their composite rating.
Institutional Research Dossier
MYERS INDUSTRIES INC (MYE) Deep Dive Analysis
Published on March 24, 2026
Action RatingHold
Sections
Executive Summary
Myers Industries Inc. (MYE) is a diversified industrial manufacturer and distributor, with operations in material handling and distribution. The company's Hold rating is justified by its mixed financial performance, with solid profitability and valuation but weaker investment metrics and rising debt levels. While the company maintains a stable core business, the lack of a clear competitive edge and potential headwinds in its end markets raise some concerns about its long-term growth prospects.
Business Strategy & Overview
Myers Industries operates in two main segments: Material Handling and Distribution. The Material Handling segment produces a variety of plastic products, including pallets, bins, and storage containers, serving industrial, food processing, retail, and automotive end markets. The Distribution segment distributes tire, wheel, and undervehicle service tools, equipment, and supplies to tire dealers, auto repair shops, and fleets.
The company's strategy focuses on leveraging its leading market positions, diversified product portfolio, and long-standing customer relationships to drive organic growth and maintain profitability. Myers has also made selective acquisitions to expand its geographic reach and product capabilities, though its M&A activity has been relatively limited in recent years.
The company faces a competitive landscape, with rivals ranging from larger, diversified industrial conglomerates to smaller, specialized players. To differentiate itself, Myers emphasizes its engineering expertise, quick turnaround times, and customized solutions for customers. However, the company's products are largely commoditized, which limits its pricing power and ability to command a premium.
Looking ahead, Myers is focused on improving operational efficiency, optimizing its portfolio, and investing in new product development and technology to drive long-term growth. The company's end markets, which include industrial, automotive, and construction, are influenced by macroeconomic conditions, posing both opportunities and risks for the business.
Execution Benchmarks audit
Revenue Growth
YOY expansion rate
-6.7%
Sector: 1.8%
-484% VS SCTR
Economic Moat Analysis
Myers Industries does not appear to possess a wide competitive moat. The company's material handling and distribution products are relatively commoditized, with limited barriers to entry and substitution. While the company has established long-term relationships with its customers, there is little in the way of switching costs or network effects to prevent competitors from eroding market share.
The company's primary sources of competitive advantage are its engineering capabilities, product customization, and customer service. However, these advantages are largely replicable, and the company faces competition from larger, more diversified players with greater scale and resources.
In the material handling segment, Myers benefits from its brand recognition and reputation for quality, but this is not sufficient to create a durable competitive edge. The distribution segment is similarly challenged, as the company competes with a fragmented landscape of regional and national distributors.
Overall, Myers' moat can be characterized as narrow, as it lacks the pricing power, customer loyalty, or structural advantages that would enable it to consistently outperform its peers. The company's competitive position is vulnerable to shifts in customer preferences, technological disruption, and the strategic maneuvers of larger, more financially robust competitors.
Financial Health & Profitability
Myers Industries' financial performance has been mixed in recent years. The company's revenue growth has been modest, with a -6.7% CAGR over the past three fiscal years, compared to a 1.5% sector average. This reflects the cyclical nature of its end markets and the company's exposure to macroeconomic headwinds.
Profitability metrics, however, have been relatively strong. Myers' gross margin of 33.1% is above the sector average of 30.2%, and its operating margin of 6.0% matches the industry benchmark. The company's return on equity of 4.3% also exceeds the sector's 2.7% average, indicating some efficiency in capital allocation.
The company's balance sheet is a source of concern, with a debt-to-equity ratio of 118%, significantly higher than the sector's 40% average. This elevated leverage could limit the company's financial flexibility and increase its vulnerability to economic downturns. Additionally, the company's short-term liquidity, as measured by the current ratio of 1.67, is only slightly above the industry standard.
Looking ahead, Myers' ability to maintain its profitability and manage its debt load will be critical in determining the long-term sustainability of its financial position. The company's recent efforts to optimize its operations and portfolio may help strengthen its cash flow generation and reduce its reliance on debt financing.
Valuation Assessment
Based on the available financial data, Myers Industries appears to be reasonably valued relative to its industry peers. The company's P/E ratio of 21.3x is below the sector average of 26.1x, suggesting that the stock may be underpriced compared to the broader materials group.
The company's EV/EBITDA multiple of 3.0x is also significantly lower than the sector's 5.2x, indicating that the market is not fully reflecting the company's cash flow-generating capabilities. Additionally, Myers' free cash flow yield of 6.2% is relatively attractive, especially given the company's steady cash flow profile.
However, it is important to note that the company's valuation metrics have been influenced by its recent financial performance. While the current valuation may appear attractive, investors should closely monitor Myers' ability to sustain its profitability and growth in the face of potential macroeconomic headwinds and competitive pressures.
Overall, the company's valuation appears reasonably priced, but investors should closely examine the underlying drivers of its financial performance and consider the risks inherent in its business model before making investment decisions.
Risk & Uncertainty
One of the primary risks facing Myers Industries is the cyclical nature of its end markets, particularly the industrial, automotive, and construction sectors. Downturns in these industries can significantly impact the company's revenue and profitability, as evidenced by the recent pandemic-related disruptions.
Additionally, the company's high debt levels and reliance on debt financing could expose it to greater financial risk, especially in the event of an economic downturn or rising interest rates. The company's ability to manage its debt load and maintain adequate liquidity will be crucial in navigating any potential market turbulence.
Furthermore, the competitive landscape in both the material handling and distribution segments poses a risk to Myers' market share and pricing power. The company faces competition from larger, more diversified players, as well as smaller, specialized competitors, which could erode its profitability and limit its growth potential.
Bulls Say / Bears Say
The Bull Case
BULL VIEWMyers Industries has a strong market position in its core material handling and distribution segments, with well-established customer relationships and a reputation for quality and customization.
BULL VIEWThe company's diversified product portfolio and end-market exposure provide some level of resilience against industry-specific downturns, and its focus on operational efficiency and portfolio optimization could drive improved financial performance.
The Bear Case
BEAR VIEWMyers Industries lacks a clear, sustainable competitive advantage, and its products are largely commoditized, limiting the company's pricing power and ability to command premium margins.
BEAR VIEWThe company's high debt levels and reliance on debt financing could hamper its financial flexibility and make it more vulnerable to economic downturns or rising interest rates.
About the Author
Marques Blank
Founder & Chief Investment Officer, Blank Capital
Marques brings 15 years of institutional finance and investing experience, having overseen financial planning for a $1.6B defense business unit. He developed the proprietary 6-factor quantitative model used to score MYE and 4,400+ other equities.
MYERS INDUSTRIES INC exhibits a 89% valuation premium relative to institutional benchmarks. This represents a potential valuation overextension based on current multiples.
Return on Assets
Efficiency of asset utilization
1.5%
Sector: 0.6%
Gross Margin
Pricing power and cost efficiency
33.1%
Sector: 29.8%
Operating Margin
Core business profitability
6.0%
Sector: 6.0%
Net Margin
Bottom-line profitability
1.5%
Sector: 3.0%
Factor Methodology
The Quality factor evaluates the persistence and magnitude of cash flows. Companies with scores >70 exhibit superior competitive moats and financial resilience through economic cycles.
Sector Avg Yield0.49%
Yield Delta+551%
Income Projection audit
A $10,000 investment would generate approximately $319 annually in dividends at the current trailing rate.
