MYER HOLDINGS LIMITED (MYR)
Share Price Analysis and Chart

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MYR - MYER HOLDINGS LIMITED

FNArena Sector : Household & Personal Products
Year End: July
GICS Industry Group : Retailing
Debt/EBITDA: 4.72
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.615

08 Jun
2023

-0.040

OPEN

$0.65

-6.11%

HIGH

$0.65

3,905,524

LOW

$0.62

TARGET
$0.75 22.0% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ABY . BRG . BWX . DSK . GUD . SSG . TRS .
FNARENA'S MARKET CONSENSUS FORECASTS
MYR: 1
Title FY21
Actual		 FY22
Actual		 FY23
Forecast		 FY24
Forecast
EPS (cps) xxx 6.0 11.2 xxx
DPS (cps) xxx 4.0 6.9 xxx
EPS Growth xxx 5.3% 87.6% xxx
DPS Growth xxx N/A 72.5% xxx
PE Ratio xxx N/A 5.7 xxx
Dividend Yield xxx N/A 10.9% xxx
Div Pay Ratio(%) xxx 67.0% 61.6% xxx

Dividend yield today if purchased 3 years ago: 14.29%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 6.30

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 22/03 - ex-div 8c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201720182019202020212022
EPS Basic xxxxxxxxxxxxxxx6.0
DPS All xxxxxxxxxxxxxxx4.0
Sales/Revenue xxxxxxxxxxxxxxx2,502.0 M
Book Value Per Share xxxxxxxxxxxxxxx32.6
Net Operating Cash Flow xxxxxxxxxxxxxxx275.4 M
Net Profit Margin xxxxxxxxxxxxxxx1.96 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201720182019202020212022
Return on Capital Employed xxxxxxxxxxxxxxx19.83 %
Return on Invested Capital xxxxxxxxxxxxxxx2.61 %
Return on Assets xxxxxxxxxxxxxxx1.90 %
Return on Equity xxxxxxxxxxxxxxx19.83 %
Return on Total Capital xxxxxxxxxxxxxxx7.72 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx223.3 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201720182019202020212022
Short-Term Debt xxxxxxxxxxxxxxx144 M
Long Term Debt xxxxxxxxxxxxxxx1,613 M
Total Debt xxxxxxxxxxxxxxx1,757 M
Goodwill - Gross xxxxxxxxxxxxxxx492 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx244 M
Price To Book Value xxxxxxxxxxxxxxx1.44

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201720182019202020212022
Capex xxxxxxxxxxxxxxx68.5 M
Capex % of Sales xxxxxxxxxxxxxxx2.74 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,385 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx961 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

06/06/2023

3

Hold

$0.75

21.95%

Ord Minnett expects improvements made in the underlying business performance of Myer by current CEO John King will remain after his departure in 2024.

The broker observes the "customer-first" strategy introduced in 2018 was highly effective in turning around the department store and building a stronger online channel, offering more sought-after brands exclusive to Myer.

While continuing to expect earnings will moderate in the near term as consumer spending slows, Ord Minnett believes the shares are slightly undervalued and retains a Hold rating. Target price is steady at $0.75.

FORECAST
Ord Minnett forecasts a full year FY23 dividend of 6.90 cents and EPS of 11.20 cents.
Ord Minnett forecasts a full year FY24 dividend of 3.60 cents and EPS of 5.80 cents.
Access Stockbroker Research History >

MYR STOCK CHART

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Feb 13 2023 - Weekly Reports

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