Myer is a department stores business based in Australia. Myer shares (MYR) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Myer has a trailing 12-month revenue of around $2.7 billion. If you're looking to buy shares, check out the steps below.
To buy shares listed in Australia such as Myer, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.
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| 52-week range | $0.4631 - $0.8864 |
|---|---|
| 50-day moving average | $0.7528 |
| 200-day moving average | $0.631 |
| Target price | $0.68 |
| PE ratio | 16.1 |
| Dividend yield | $0.04 (7.45%) |
| Earnings per share (TTM) | $0.05 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the last close of A$0.815
| 1 week (2024-03-21) | -4.12% |
|---|---|
| 1 month (2024-02-29) | 0.815 |
| 3 months (2023-12-29) | 35.83% |
| 6 months (2023-09-29) | 42.98% |
| 1 year (2023-03-29) | -5.78% |
|---|---|
| 2 years (2022-03-29) | 52.34% |
| 3 years (2021-03-29) | 129.58% |
| 5 years (2019-03-29) | 31.45% |
Valuing Myer stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Myer's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Myer's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 16x. In other words, Myer shares trade at around 16x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Myer's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $237.2 million (£0.0 million).
The EBITDA is a measure of a Myer's overall financial performance and is widely used to measure stock profitability.
| Revenue TTM | $2.7 billion |
|---|---|
| Operating margin TTM | 8.01% |
| Gross profit TTM | $1.2 billion |
| Return on assets TTM | 4.23% |
| Return on equity TTM | 15.79% |
| Profit margin | 1.71% |
| Book value | 0.341 |
| Market capitalisation | $669.6 million |
TTM: trailing 12 months
Dividend payout ratio: 90.91% of net profits
Recently Myer has paid out, on average, around 90.91% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.45% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Myer shareholders could enjoy a 7.45% return on their shares, in the form of dividend payments. In Myer's case, that would currently equate to about A$0.04 per share.
Myer's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 26 March 2024 (the "ex-dividend date").
Over the last 12 months, Myer's shares have ranged in value from as little as $0.4631 up to $0.8864. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Myer's is 2.063. This would suggest that Myer's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Myer Holdings Limited, together with its subsidiaries, engages in the operation of offline and online department stores under the Myer brand name in Australia. It offers womenswear, menswear, kids wear, homewares, beauty products, travel products, electrical goods, toys, and gift products. The company also provides beauty, grooming, gift registry, clothes alteration, formal hire, and breast cancer screening services; and operates in-store cafés and restaurants. In addition, the company provides customer loyalty programs and credit cards. Further, it is also involved in the online retailing business under the sass & bide, and Marcs and David Lawrence brand names. Myer Holdings Limited was founded in 1900 and is based in Docklands, Australia.
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