Added to YB: 2025-10-16
Pitch date: 2025-10-14
MYE [neutral]
Myers Industries, Inc.
+21.98%
current return
Author Info
The Value Road is a deep value investor that's interested in post bankruptcy, NAV, and undervalued micro and nano-cap stocks. I only invest in companies that have layers of value behind them, usually with little or no debt. Sign up for their newsletter.
Company Info
Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through two segments, The Material Handling and Distribution.
Market Cap
$669.2M
Pitch Price
$15.97
Price Target
21.00 (+8%)
Dividend
3.02%
EV/EBITDA
8.23
P/E
24.23
EV/Sales
1.24
Sector
Containers and Packaging
Category
special_situation
The 41% Signal: How Strategic Reviews Hint at Hidden Takeovers - Myers Industries, Inc.
MYE (strategic review): Strategic review of Tire Supply unit for portfolio simplification could unlock 20-30% upside via multiple expansion. Options include sale, spinoff to highlight higher-margin ops, use proceeds for debt reduction/M&A. $625M mkt cap, 8.4x EV/EBITDA, 2.5% yield.
Read full article (1 min)