Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Myers Industries, Inc. (MYE)

Company Dividend Discount ModelIndustry: Packaging & ContainersSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$9.16 - $15.52$11.93
Multi-Stage$13.95 - $15.28$14.60
Blended Fair Value$13.27
Current Price$16.94
Upside-21.69%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS1.13%2.66%0.550.540.530.520.520.520.480.440.430.45
YoY Growth--0.95%2.24%1.03%0.88%0.56%8.14%9.31%0.74%-2.72%6.16%
Dividend Yield--4.57%2.37%2.47%2.42%2.63%4.80%2.75%2.06%2.73%3.46%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)27.90
(-) Cash Dividends Paid (M)20.48
(=) Cash Retained (M)7.42
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)5.583.492.09
Cash Retained (M)7.427.427.42
(-) Cash Required (M)-5.58-3.49-2.09
(=) Excess Retained (M)1.843.935.32
(/) Shares Outstanding (M)37.4537.4537.45
(=) Excess Retained per Share0.050.100.14
LTM Dividend per Share0.550.550.55
(+) Excess Retained per Share0.050.100.14
(=) Adjusted Dividend0.600.650.69
WACC / Discount Rate7.55%7.55%7.55%
Growth Rate0.98%1.98%2.98%
Fair Value$9.16$11.93$15.52
Upside / Downside-45.95%-29.58%-8.38%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)27.9028.4529.0129.5830.1730.7631.69
Payout Ratio73.41%76.73%80.05%83.37%86.68%90.00%92.50%
Projected Dividends (M)20.4821.8323.2224.6626.1527.6929.31

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.55%7.55%7.55%
Growth Rate0.98%1.98%2.98%
Year 1 PV (M)20.1020.3020.49
Year 2 PV (M)19.6820.0820.47
Year 3 PV (M)19.2519.8220.41
Year 4 PV (M)18.7919.5520.32
Year 5 PV (M)18.3219.2420.20
PV of Terminal Value (M)426.28447.81470.20
Equity Value (M)522.41546.79572.11
Shares Outstanding (M)37.4537.4537.45
Fair Value$13.95$14.60$15.28
Upside / Downside-17.65%-13.81%-9.82%

High-Yield Dividend Screener

« Prev Page 127 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
688568.SSGeovis Technology Co.,Ltd0.22%$0.1329.11%
688656.SSHOB Biotech Group Corp.,Ltd0.22%$0.3559.52%
FNOX.STFortnox AB (publ)0.22%$0.2015.84%
JHDA.LJames Halstead Plc 5.5% Cum Prf0.22%$0.1779.18%
TSG.JOTsogo Sun Gaming Limited0.22%$1.6065.37%
000757.SZSichuan Haowu Electromechanical Co., Ltd.0.21%$0.0111.69%
000921.SZHisense Home Appliances Group Co., Ltd.0.21%$0.052.13%
002222.SZCASTECH Inc.0.21%$0.1220.85%
002361.SZAnhui Shenjian New Materials Co.,Ltd0.21%$0.0380.50%
002975.SZZhuhai Bojay Electronics Co.,Ltd.0.21%$0.1620.16%
300652.SZHang Zhou Radical Energy-Saving Technology Co., Ltd.0.21%$0.129.46%
300661.SZSG Micro Corp0.21%$0.1516.39%
301018.SZGuangdong Shenling Environmental Systems Co., Ltd.0.21%$0.1429.35%
301021.SZInno Laser Technology Co., Ltd.0.21%$0.1036.19%
600131.SSState Grid Information & Communication Co., Ltd.0.21%$0.035.61%
600201.SSJinyu Bio-technology Co., Ltd.0.21%$0.0333.05%
600301.SSGuangxi Huaxi Nonferrous Metal Co., Ltd. Class A0.21%$0.088.45%
600682.SSNanjing Xinjiekou Department Store Co., Ltd.0.21%$0.0211.05%
688336.SSSunshine Guojian Pharmaceutical (Shanghai) Co., Ltd0.21%$0.128.85%
AEBIAebi Schmidt Holding AG0.21%$0.0321.66%
BGLP.LBlackstone Loan Financing Limited0.21%$0.1455.59%
DEVA.ISDeva Holding A.S.0.21%$0.138.08%
MBN.TOMBN Corporation0.21%$0.0246.46%
SESL.PASES-imagotag S.A.0.21%$0.309.17%
001314.SZEmdoor Information CO.,LTD.0.20%$0.0963.47%
001914.SZChina Merchants Property Operation & Service Co., Ltd.0.20%$0.022.53%
002011.SZZhejiang Dun'an Artificial Environment Co., Ltd0.20%$0.032.32%
002428.SZYunnan Lincang Xinyuan Germanium Industry Co.,LTD0.20%$0.0697.03%
002487.SZDajin Heavy Industry Corporation0.20%$0.105.99%
002707.SZUTour Group Co., Ltd.0.20%$0.0128.41%
002729.SZHollyland (China) Electronics Technology Corporation Limited0.20%$0.0314.08%
002985.SZBeijing Beimo High-tech Frictional Material Co.,Ltd0.20%$0.0635.45%
003007.SZBeijing ZZNode Technologies Co., Ltd.0.20%$0.0728.35%
003920.KSNamyang Dairy Products Co., Ltd0.20%$102.653.91%
0R4M.LLundin Gold Inc.0.20%$1.5561.14%
1U1.DE1&1 AG0.20%$0.055.84%
300342.SZChangshu Tianyin Electromechanical Co.,Ltd0.20%$0.0747.06%
300450.SZWuxi Lead Intelligent Equipment CO.,LTD.0.20%$0.1017.62%
300487.SZSunresin New Materials Co.,Ltd0.20%$0.127.27%
300964.SZJiangsu Allfavor Intelligent Circuits Technology CO.,Ltd0.20%$0.1123.33%
460940.KQP&S Robotics Co., Ltd.0.20%$24.4210.43%
600375.SSHanma Technology Group Co.,Ltd.0.20%$0.013.22%
601975.SSNanjing Tanker Corporation0.20%$0.012.37%
603099.SSChangbai Mountain Tourism Co., Ltd.0.20%$0.0916.71%
6446.TWPharmaEssentia Corporation0.20%$0.997.62%
6857.TAdvantest Corporation0.20%$39.1810.97%
EXENS.PAExosens0.20%$0.107.99%
GFLGFL Environmental Inc.0.20%$0.080.86%
PHLL.LPetershill Partners PLC0.20%$0.7060.08%
SCAP.BKSrisawad Capital 1969 Public Company Limited0.20%$0.001.79%