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Investing in Myers Industries, Inc. (MYE)

Valuation methodValue, $Upside, %
Artificial intelligence (AI)32.11174
Intrinsic value (DCF)11.16-5
Graham-Dodd Method13.9719
Graham Formula0.00-100

Company description

MYE, or Myers Industries Inc., is a diversified manufacturing and distributing company that has been in business for over 175 years. With headquarters in Akron, Ohio, MYE operates through various segments, including the Material Handling, Distribution, and Engineered Products segments. They primarily serve the food and beverage, agriculture, automotive, and healthcare industries. The Material Handling segment produces plastic reusable containers, pallets, and custom products for various industries. MYE's Distribution segment distributes maintenance, repair, and operations (MRO) supplies, as well as provides services such as inventory management and procurement solutions to customers in sectors such as government, transportation, and manufacturing. The Engineered Products segment offers custom plastic and rubber products to industries such as construction, agriculture, and consumer goods. MYE's products are known for their durability and performance, and they have a strong commitment to sustainability and eco-friendly solutions. MYE has a global presence, with operations in the United States, Canada, Mexico, and Europe. They have a wide range of customers, including Fortune 500 companies, small and medium-sized businesses, and government entities. The company prides itself on its strong relationships with its customers and its ability to adapt to changing market conditions. In addition to its business operations, MYE has a strong focus on social responsibility and giving back to their communities. They have established a foundation to support causes such as education, environmental conservation, and healthcare in the areas where they operate. Overall
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