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MYR Group (MYR Group) EV-to-EBIT : 21.79 (As of May. 01, 2024)


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What is MYR Group EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, MYR Group's Enterprise Value is $2,832 Mil. MYR Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $130 Mil. Therefore, MYR Group's EV-to-EBIT for today is 21.79.

The historical rank and industry rank for MYR Group's EV-to-EBIT or its related term are showing as below:

MYRG' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.64   Med: 13.86   Max: 25.19
Current: 21.87

During the past 13 years, the highest EV-to-EBIT of MYR Group was 25.19. The lowest was 6.64. And the median was 13.86.

MYRG's EV-to-EBIT is ranked worse than
79.14% of 1333 companies
in the Construction industry
Industry Median: 11.43 vs MYRG: 21.87

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. MYR Group's Enterprise Value for the quarter that ended in Dec. 2023 was $2,462 Mil. MYR Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $130 Mil. MYR Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.28%.


MYR Group EV-to-EBIT Historical Data

The historical data trend for MYR Group's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MYR Group EV-to-EBIT Chart

MYR Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.72 12.04 15.31 13.15 18.95

MYR Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.15 17.55 18.96 17.86 18.95

Competitive Comparison of MYR Group's EV-to-EBIT

For the Engineering & Construction subindustry, MYR Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MYR Group's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, MYR Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where MYR Group's EV-to-EBIT falls into.



MYR Group EV-to-EBIT Calculation

MYR Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2831.790/129.943
=21.79

MYR Group's current Enterprise Value is $2,832 Mil.
MYR Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $130 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MYR Group  (NAS:MYRG) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

MYR Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=129.943/2461.786235
=5.28 %

MYR Group's Enterprise Value for the quarter that ended in Dec. 2023 was $2,462 Mil.
MYR Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $130 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MYR Group EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of MYR Group's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


MYR Group (MYR Group) Business Description

Traded in Other Exchanges
Address
12121 Grant Street, Suite 610, Thornton, CO, USA, 80241
MYR Group Inc is a U.S.-based holding company that provides specialty electrical construction services through its subsidiaries. The company operates through two segments. The transmission and distribution segment provides designing, engineering, procurement, construction, upgrade, maintenance, and repair services on transmission and distribution network and substation facilities. The commercial and industrial segment provides services such as the design, installation, maintenance, and repair of commercial and industrial wiring, installation of traffic networks, and the installation of bridges. MYR Group generates the majority of its sales from the United States and Canada.
Executives
Swartz Richard S. Jr. officer: Group VP MYR GROUP INC., 1701 GOLF ROAD SUITE 3-1012, ROLLING MEADOWS IL 60008-4210
William Fry officer: VP, CLO and Secretary 10370 RICHMOND AVE, SUITE 600, HOUSTON TX 77042
Don A. Egan officer: SVP and COO C&I 12121 GRANT STREET, SUITE 610, THORNTON CO 80241
Maurice E. Moore director 1100 LATHROP AVENUE, RIVER FOREST IL 60305
Betty R. Johnson director 1115 CENTRAL AVE #239, NAPLES FL 34103
Jennifer Elaine Lowry director 2 HOLLINS AVE, BALTIMORE MD 21210
Jeffrey J. Waneka officer: SVP and COO C&I 1701 GOLF ROAD, SUITE 3-1012, ROLLING MEADOWS IL 60008
Tod M. Cooper officer: Senior Vice President 1701 GOLF RD, SUITE 3-1012, ROLLING MEADOWS IL 60008
Bradley Thede Favreau director 438 CLEARMONT AVE, APT C, BROOKLYN NY 11238
Kelly Michelle Huntington officer: Senior VP 7575 NORTH PENNSYLVANIA STREET, INDIANAPOLIS IN 46240
Ajoy Hari Karna director 2501 M ST NW, UNIT 508, WASHINGTON DC 20037
William A Koertner director, officer: Chairman, President and CEO MYR GROUP INC., 1701 GOLF ROAD SUITE 3-1012, ROLLING MEADOWS IL 60008-4210
Shirin O'connor director 3054 CREEKSIDE DRIVE, SENECA SC 29672
William Patterson director 60 ARDMORE ROAD, HO-HO-KUS NJ 07423
Gary Ronald Johnson director 6599 PINNACLE DRIVE, EDEN PRAIRIE MN 55346

MYR Group (MYR Group) Headlines