Myers Industries Inc Dossier
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SectorConsumer Discretionary IndustryPackaging & Containers Beta (adjusted)0.93 Intrinsic Value $26.96median of 6 methods · middle span $17-$53based on filings through 30 Jun 2026 Market Price $31.29Price as of 1 Oct 2026 Near fair valueIntrinsic value is 14% below the market price −50% · IV below pricenear fair value ±15%IV above price · +50% Data confidence Sign in to view data confidence Market Cap $1.2B Enterprise Value $1.4B Shares Outstanding 37.9M diluted Moat Rating Wide Next Earnings Date5 Nov 2026 Last ex-dividend17 Jun 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary Myers Industries is undergoing a multi-pronged, transformation-led rerating. The company's strategic decision to divest its non-core Myers Tire Supply (MTS) business, exit lower-margin rotomolded products, and idle underutilized facilities is successfully shifting the business toward a cleaner, higher-margin, and more focused industrial platform. This transformation is already yielding strong operational leverage, as evidenced by a 420 basis point expansion in adjusted EBITDA margin to 21.3% and a 57% surge in adjusted EPS to $0.44 in Q1 2026. Strong demand in infrastructure (MegaDeck composite matting) and military applications provides a robust growth runway, while disciplined capital allocation prioritizes debt reduction and high-return organic capacity expansions. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$37.00 Mean target$37.00 High · most bullish analyst$37.00 Street targets sit above today's price; our intrinsic value sits below it. Different horizons, different questions. Our research · scenarios, merits, risks, and invalidation triggersResearch as of 18 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario The bear case reflects prolonged macroeconomic headwinds in cyclical end markets like RV, marine, and food & beverage, combined with severe resin price inflation that outpaces the company's price pass-through mechanisms. Delays or unfavorable terms in the MTS divestiture could also stall the company's deleveraging and portfolio simplification plans, keeping the stock range-bound. Base CaseCentral scenario The base case assumes successful execution of the MTS divestiture and continued strong demand for high-margin infrastructure products like MegaDeck. Margins are expected to remain elevated due to structural cost savings and favorable product mix, offsetting near-term resin cost inflation. The stock is projected to rerate toward its historical multiples as the simplified portfolio model becomes fully visible to the market. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
Key Investment Risks
Thesis Invalidation Triggers
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |