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Verdict
Quantitative factor alignment verified for current market regime.
Quant Score
Rank
#526
Positioning
Market Dominance
Construction
Construction
$3.2B
Richard S. Swartz
MYR Group Inc. provides electrical construction services in the United States and Canada. It operates in two segments, Transmission and Distribution, and Commercial and Industrial. The company was founded in 1891 and is headquartered in Henderson, Colorado.
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X-AXIS: EV/EBITDA (LOWER = CHEAPER) | Y-AXIS: ROE (HIGHER = ELITE) | RED CIRCLE = MYRG ANALYSIS TARGET
| Stock | Rating | Score▼ | Quality | Value | Momentum | P/E | EV/EBITDA | ROE | ROA | Gross Mgn | Op Mgn | Net Mgn | Rev Growth | Div Yield | D/E | Mkt Cap | AUDIT |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
$FER Ferrovial SE | 76 | 89 | 94 | 72 | - | - | 162.2% | 12.2% | 87.8% | 88.9% | 38.1% | 0.5% | 2.1% | - | $30.3B | VS | |
$CX CEMEX SAB DE CV | 74 | 81 | 87 | 87 | - | - | 7.8% | 3.5% | 33.6% | 11.2% | 5.9% | -2.1% | 1.1% | 60.0x | $32.6B | VS | |
$MWA Mueller Water Products, Inc. | 69 | 85 | 87 | 57 | 17.9x | 11.0x | 21.4% | 11.0% | 36.1% | 18.2% | 13.4% | 8.8% | 1.1% | 46.0x | $4.0B | VS | |
$TOL Toll Brothers, Inc. | 69 | 83 | 92 | 63 | 7.9x | 5.6x | 16.9% | 9.7% | 25.1% | 15.7% | 12.3% | 1.1% | 0.7% | 34.0x | $13.0B | VS | |
$GFF GRIFFON CORP | 68 | 86 | 82 | 60 | - | - | 34.2% | 2.3% | 42.0% | 8.2% | 2.0% | -4.0% | 0.9% | 1909.0x | $3.5B | VS | |
$FIX COMFORT SYSTEMS USA INC | 68 | 80 | 43 | 97 | 25.0x | 18.1x | 52.7% | 19.4% | 24.8% | 15.5% | 11.9% | 35.2% | 0.2% | 6.0x | $29.1B | VS | |
$BBU Brookfield Business Partners L.P. | 66 | 63 | 94 | 68 | - | - | 5.0% | 1.1% | 14.1% | 7.2% | 2.2% | -26.2% | 1.1% | 1081.0x | $1.7B | VS | |
$PHOE Phoenix Asia Holdings Ltd | 64 | 95 | 97 | 40 | - | - | 42.6% | 22.6% | 29.5% | 17.6% | 13.9% | 28.1% | 0.0% | 0.0x | $6M | VS | |
$EME EMCOR Group, Inc. | 64 | 75 | 42 | 80 | 24.6x | 16.0x | 36.5% | 14.0% | 19.4% | 9.4% | 6.9% | 16.4% | 0.1% | 3.0x | $29.1B | VS | |
$DY DYCOM INDUSTRIES INC | 64 | 68 | 58 | 89 | 19.9x | 9.7x | 29.4% | 11.8% | 22.1% | 10.4% | 7.3% | 14.1% | 0.0% | 63.0x | $8.5B | VS | |
$MYRG MYR GROUP INC. | 62 | 64 | 52 | 86 | 47.1x | 31.5x | 15.0% | 5.6% | 10.9% | 3.9% | 2.6% | 14.7% | 0.0% | 12.0x | $3.2B | ||
| SECTOR BENCH | - | - | - | - | - | 19.1x | 10.7x | 14.2% | 5.9% | 23.7% | 7.3% | 5.4% | 1.9% | 0.0% | 0.4x | - | REF |
MYR GROUP INC. (MYRG) receives a "Hold" rating with a composite score of 61.7/100. It ranks #526 out of 7,333 stocks in our coverage universe and carries a 3-star rating. Ratings are driven by a 6-factor quantitative model measuring quality, value, momentum, investment, stability, and short interest.
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YOY expansion rate
Core pricing power
Operating efficiency
Bottom-line conversion
Equity capital efficiency
Asset base utilization
Financial leverage load
Direct cash return
Richard S. Swartz
Chief Executive Officer
Labor Force
8,500
64
27
46
Audit Verdict: Lower quality and stability scores may indicate governance concerns.
No recent insider transactions available for MYRG
Outperforming peers — winners tend to keep winning over 3-12 months
Fair valuation relative to peers
High profitability & efficiency — strong quality floor supports entry
Average volatility — neutral timing signal
Aggressive spending — empire-building risk, dilutive growth
Mid-range overall rating
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Relative valuation derived from Construction sector benchmarks. Model weights: EV/EBITDA (40%), P/B (35%), P/S (25%). Re-calculated daily.
Projection based on user-defined inputs. Re-calculated daily against current market data.
Reverse DCF Framework — Mauboussin Methodology
Institutional-grade Reverse DCF analysis. This model identifies the growth hurdles embedded in current market prices. When implied growth is significantly lower than historical or projected rates, a margin of safety may exist. Re-audited daily.
No analyst ratings for MYRG.
View All RatingsConservative accounting — High cash conversion efficiency
Material decline in asset turnover efficiency detected
High margin volatility — erratic forensic earnings quality
| Factor | Global | Sector | Tilt |
|---|---|---|---|
| PROFITABILITY | 64 | 74 | -10DRAG |
| MOMENTUM | 86 | 90 | -4NEUTRAL |
| VALUATION | 52 | 51 | +1NEUTRAL |
| INVESTMENT | 27 | 23 | +4NEUTRAL |
| STABILITY | 46 | 43 | +3NEUTRAL |
| SHORT INT | 54 | 60 | -6DRAG |
Global = full universe. Sector = relative to industry peers. Positive tilt indicates idiosyncratic strength.
ROE proxy 15.0% (sector 14.2%)
GM 11% vs sector 24%, OM 4% vs sector 7%
Capital turnover N/A
Rev growth 15%, 10yr history
Interest coverage 32.1x, Net debt/EBITDA -0.1x
Composite assessment of profitability, capital efficiency, and financial strength. Top-tier entities demonstrate sustainable cash flow generation and elite competitive moats.
Profit generated per dollar of shareholder equity
Efficiency of asset utilization
Pricing power and cost efficiency
Core business profitability
Bottom-line profitability
The Quality factor evaluates the persistence and magnitude of realized cash flows. Companies with scores >70 exhibit superior pricing power and structural financial resilience through diverse economic regimes.
Our uncertainty rating tracks the predictability of future cash flows and potential for permanent capital loss. Moderate visibility with standard industry cyclicality.
Our model assigns MYR GROUP INC. a Hold rating, with a composite score of 61.7/100 and 3 out of 5 stars. Ranked #526 of 7,333 stocks, MYRG presents a mixed quantitative picture — neither compelling enough to initiate new positions nor weak enough to warrant selling. Investors already holding may consider maintaining their position while monitoring for changes in the factor profile.
With a quality score of 64/100, MYRG shows adequate but unremarkable business quality. The company reports a return on equity of 15.0% (sector avg: 14.2%), gross margins of 10.9% (sector avg: 23.7%), net margins of 2.6% (sector avg: 5.4%). This suggests the company generates acceptable returns but may lack the competitive positioning or operational efficiency to stand out from peers.
MYRG's value score of 52/100 indicates the stock is fairly valued based on its current fundamentals. Key valuation metrics include a P/E ratio of 47.15x, an EV/EBITDA of 31.51x, a P/B ratio of 7.06x. At this level, neither a clear bargain nor overpriced, the stock's attractiveness depends more on forward growth expectations and qualitative factors.
MYR GROUP INC.'s investment score of 27/100 suggests limited reinvestment activity. Key growth metrics include revenue growth of 14.7% vs. a sector average of 1.9% and a return on assets of 5.6% (sector: 5.9%). While this can be positive for mature, cash-generative businesses returning capital to shareholders, it may also signal a lack of growth opportunities or management conservatism.
MYRG shows strong momentum characteristics with a score of 86/100. The stock has been trending above key moving averages, indicating solid demand from institutional buyers. Revenue growth stands at 14.7% year-over-year, while a beta of 1.32 reflects its sensitivity to broader market moves. This level of momentum typically signals sustained investor confidence and favorable near-term price action.
With a stability score of 46/100, MYRG exhibits average financial resilience. Key stability metrics include a beta of 1.32 and a debt-to-equity ratio of 12.00x (sector avg: 0.4x). While the balance sheet is not a major concern, the stock is subject to typical market volatility and may experience sharper drawdowns during risk-off episodes.
The short interest score of 54/100 for MYRG suggests somewhat elevated bearish positioning by institutional traders. Specific risk factors include above-average market sensitivity (beta: 1.32), elevated leverage (D/E: 12.00x). With a $3.2B market cap (mid-cap), MYR GROUP INC. may experience above-average volatility. Investors should consider whether the short thesis has merit or if it creates a potential short-squeeze opportunity.
MYR GROUP INC. is a mid-cap company in the Construction sector, ranked #14 of 50 in its sector (72nd percentile) and #526 of 7,333 overall (93rd percentile). Key comparisons include ROE of 15.0% exceeding the 14.2% sector median and operating margins of 3.9% below the 7.3% sector average. This above-median position indicates MYRG is outperforming a majority of its Construction peers, though there is room to close the gap with sector leaders.
While MYRG currently exhibits a HOLD profile, superior opportunities exist within the CONSTRUCTION sector. Our model identifies several "Strong Buy" candidates with higher quality scores and more attractive valuations among direct industry competitors.
View Top Construction Alpha →Quant Factor Profile
Key factor gap
Momentum (86) vs Investment (27) — closing this gap could shift the rating.
RANK #14 OF 50 IN INDUSTRIALS
EV/EBITDA 195% ABOVE SECTOR MEDIAN
ROE 6% ABOVE SECTOR MEDIAN (FAVORABLE)
Gross Margin 54% BELOW SECTOR MEDIAN
AUDIT DATA AS OF SEP 30, 2025 (Q2 FY2025)
We rate MYR GROUP INC. (MYRG) as a Hold with a composite score of 61.7/100 at a current price of $279.00. The stock presents a mixed quantitative picture — neither compelling enough to warrant new accumulation nor weak enough to justify selling for existing holders. Our factors are split, and the overall profile suggests patience is warranted.
The rating is primarily driven by strength in momentum (86th percentile) and quality (64th percentile), which together account for the majority of the composite score. Offsetting weakness in investment (27th percentile) and stability (46th percentile) tempers our overall conviction. We assign a Narrow Moat rating (48/100), Medium uncertainty, and Standard capital allocation.
Key items to watch: quarterly earnings execution and sector-level competitive dynamics. Any material change in these dynamics could warrant a reassessment of our rating. The moat trend is stable, which suggests the competitive landscape is stable for now.
MYR GROUP INC. holds an above-average position (#14 of 50) within the Construction sector, based on our composite quantitative scoring across quality, value, momentum, and stability factors. The composite score of 61.7/100 places it at rank #526 in our full 7,333-stock universe. At $3.2B in market capitalization, MYR GROUP INC. is a mid-cap player in the Construction space, which limits certain scale advantages but may allow for more agile strategic execution.
The outlook is moderately positive, with revenue expanding at 15% and favorable momentum (86th percentile) reflecting constructive market sentiment. The business shows steady execution, though the growth rate is below the levels typically associated with high-conviction growth stories. Momentum confirmation provides support for the current price level.
The margin cascade tells an important story: gross margins of 11% (-12.8pp vs sector) narrow to operating margins of 4% (-3.4pp vs sector) and net margins of 2.6%, yielding a gross-to-net conversion rate of 24%. This conversion rate is typical for the sector, suggesting a standard cost structure without notable efficiency advantages or disadvantages.
At a current price of $279.00, MYR GROUP INC. is trading near fair value based on current fundamentals. Our value factor score of 52/100 reflects a composite assessment across multiple valuation metrics including price-to-earnings, price-to-book, EV/EBITDA, and price-to-sales ratios relative to both sector peers and the broader market. Valuation metrics are mixed, with no strong signal of mispricing in either direction.
The stock currently trades at a P/E of 47.1x (a 147% premium to the sector median of 19.1x), EV/EBITDA of 31.5x (at a premium), P/B of 7.1x, P/S of 1.2x. The above-sector P/E multiple suggests the market is pricing in superior growth or quality, which our analysis partially supports given strong quality metrics.
Revenue growth of 15% confirms the business is expanding its addressable market — growth at this level typically supports multiple expansion and attracts institutional capital.
A conservative balance sheet (12% D/E) provides financial flexibility for acquisitions, buybacks, or weathering economic downturns without dilution.
Positive momentum (86th percentile) indicates institutional accumulation and favorable technical dynamics that tend to persist in the intermediate term.
A P/E of 47.1x leaves little room for execution misses — any earnings disappointment could trigger a sharp multiple compression.
Thin net margins of 2.6% provide limited cushion against cost pressures, competitive pricing, or macroeconomic headwinds — even small changes in costs could swing the company to a loss.
We assign a Medium uncertainty rating to MYR GROUP INC.. The stock presents a balanced risk profile: elevated market sensitivity (beta of 1.32) and elevated valuation multiple (P/E 47.1x) that leaves limited margin for error. While not risk-free, the core business fundamentals are adequate to withstand moderate economic stress, and the range of potential outcomes around our fair value estimate is manageable.
Specific risk factors that inform our assessment include: elevated market sensitivity (beta of 1.32); elevated valuation multiple (P/E 47.1x) that leaves limited margin for error. Each of these factors independently widens the distribution of potential outcomes, and in combination they create a risk profile that demands careful position sizing. The stability factor at the 46th percentile and quality factor at the 64th percentile provide a quantitative summary of the overall risk landscape.
Key risk mitigants include: conservative leverage (12% D/E) limits balance sheet risk. These factors partially offset the identified risks and provide downside protection in adverse scenarios. On balance, the risk-reward profile is favorable for long-term investors.
We rate MYR GROUP INC.'s capital allocation as Standard. Management has shown adequate — though not exceptional — stewardship of shareholder capital. Returns on equity stand at 15.0%, and the balance sheet is managed within acceptable parameters (D/E: 12%). Exemplary allocators typically sustain ROE above 20% and D/E below 50%; MYR GROUP INC. falls short on at least one dimension.
There is room for improvement in optimizing the capital structure or enhancing shareholder returns. Absent a dividend, the overall capital allocation framework would benefit from either higher reinvestment returns, improved balance sheet efficiency, or increased shareholder distributions. We will monitor for signs of strategic improvement that could warrant an upgrade.
In summary, MYR GROUP INC. receives a Hold rating with a composite score of 61.7/100 (rank #526 of 7,333). Our quantitative framework assigns a Narrow Moat (48/100, trend: stable), Medium uncertainty, and Standard capital allocation. The average factor score across quality, value, momentum, stability, and investment is 55/100.
Our analysis supports a neutral stance on MYR GROUP INC.. While the quantitative profile is not weak enough to warrant selling, it lacks the multi-factor strength required for a buy recommendation. Existing holders should maintain positions and monitor for catalysts — either fundamental improvement or valuation compression — that would shift the risk-reward balance.
Analysis derived from Blank Capital Research quantitative terminal. For informational purposes only. No trade solicitation. Past performance not indicative of future results. Consult a qualified advisor.
We assign MYR GROUP INC. a Narrow Moat rating with a composite moat score of 48/100. The company possesses identifiable competitive advantages, though they are less entrenched than those of wide-moat peers. Our analysis indicates that MYR GROUP INC. can sustain above-average returns on invested capital for at least 10 years, with the strongest contributor being financial resilience at 16.7/20.
The strongest moat sources are financial resilience (16.7/20) and growth durability (12.9/20). Interest coverage 32.1x, Net debt/EBITDA -0.1x. Rev growth 15%, 10yr history. These pillars form the core of MYR GROUP INC.'s competitive identity and are the primary drivers of excess returns in our framework.
Areas of relative weakness include reinvestment efficiency (0/20) and economic value creation (9/20). Capital turnover N/A. Improvement in these areas could meaningfully widen the moat over time, while deterioration would be an early warning of competitive erosion.
Our moat trend assessment is Stable. Multi-year ROIC and operating margin trajectories show neither meaningful improvement nor deterioration, suggesting the competitive position is steady. We expect MYR GROUP INC.'s moat profile to remain largely unchanged absent a material shift in return on capital or industry dynamics.
Key profit drivers include moderate revenue growth of 15%. The margin cascade from 11% gross to 4% operating to 2.6% net reveals the company's cost structure and reinvestment intensity. Our analysis indicates that the profit engine is high-quality and likely sustainable, with the quality factor at the 64th percentile.
The margin profile shows gross margins of 11%, operating margins of 4%, net margins of 2.6%. Return metrics include ROE of 15.0% and ROA of 5.6%. Relative to the Construction sector, gross margins are 12.8 percentage points below the sector median of 24%, and ROE of 15.0% compares to a sector median of 14.2%.
The balance sheet reflects a conservatively managed balance sheet with D/E of 12%, revenue growth of 15%. The sector median D/E is 0%, putting MYR GROUP INC. at higher leverage than the typical peer. Overall balance sheet health is adequate for the current business environment.
Above 50MA
37.18%
Net New Highs
+51081
MYR Group (MYRG) shares dropped nearly 8% on Thursday afternoon, reflecting a broader decline in U.S. engineering and construction stocks as investors awaited Friday's nonfarm payrolls report. The sell-off, which also impacted other infrastructure contractors like Quanta Services and MasTec, was primarily macro-driven due to rising Treasury yields and pre-jobs report caution. Traders are looking ahead to the upcoming jobs data and MYR Group's Q4 results, expected in late February.
MYR Group (NASDAQ:MYRG) recently hit a new 12-month high of $273.00, closing at $271.87 with significant trading volume. The company holds a "Moderate Buy" consensus rating from analysts, with recent price targets suggesting further upside. Key fundamentals include a $4.22 billion market cap, a P/E of 44.07, and strong institutional ownership.
This article analyzes three industrial stocks trading near their 52-week highs, identifying one with long-term potential and two facing significant headwinds. MYR Group (MYRG) and Nordson (NDSN) are highlighted as stocks to consider selling due to concerns like stagnant backlogs, high costs, and underperforming core businesses. Conversely, Mueller Water Products (MWA) is presented as a strong buy candidate, showing robust organic revenue growth, increasing operating profits, and significant earnings per share growth.
Shares of Transcat, DXP, Caterpillar, MYR Group, and Allient surged today after a broad market recovery, led by tech stocks and Bitcoin. This rally was bolstered by improved U.S. consumer sentiment and the recognition of significant AI-related capital expenditures benefiting chipmakers. The Dow Jones Industrial Average also crossed the historic 50,000 threshold for the first time.
Mutual Advisors LLC recently acquired 4,414 shares of MYR Group, Inc. (NASDAQ:MYRG) during the third quarter, valued at approximately $923,000, as part of increased institutional investment in the company. MYR Group has seen positive analyst sentiment with several upgrades and price target increases, holding a "Moderate Buy" consensus rating and a target price of $218.71. Despite opening at $248.72 and recently trading down 5.8%, the stock is near its 52-week high with a market cap of $3.86 billion.