MYR Group Inc
NASDAQ:MYRG

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MYR Group Inc
NASDAQ:MYRG
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Price: 338.05 USD 1.5% Market Closed
Market Cap: $5.3B

EV/EBITDA

22.5
Current
49%
More Expensive
vs 3-y average of 15.1

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
22.5
=
Enterprise Value
$4.4B
/
EBITDA
$229.1m

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
22.5
=
Enterprise Value
$4.4B
/
EBITDA
$229.1m

Valuation Scenarios

MYR Group Inc is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (15.1), the stock would be worth $226.99 (33% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-42%
Maximum Upside
No Upside Scenarios
Average Downside
34%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 22.5 $338.05
0%
3-Year Average 15.1 $226.99
-33%
5-Year Average 13.1 $197.13
-42%
Industry Average 16.7 $251.05
-26%
Country Average 14.4 $215.77
-36%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
$4.4B
/
Jan 2026
$229.1m
=
22.5
Current
$4.4B
/
Dec 2026
$283.3m
=
15.4
Forward
$4.4B
/
Dec 2027
$320.5m
=
13.7
Forward
$4.4B
/
Dec 2028
$378.4m
=
11.6
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
US
MYR Group Inc
NASDAQ:MYRG
5.2B USD 22.5 44.3
JP
Sumitomo Densetsu Co Ltd
TSE:1949
35.2T JPY 10.9 19.9
US
Quanta Services Inc
NYSE:PWR
94.7B USD 40.6 92.3
FR
Vinci SA
PAR:DG
72.9B EUR 6.6 14.7
US
Comfort Systems USA Inc
NYSE:FIX
62.4B USD 42.2 61
IN
Larsen & Toubro Ltd
NSE:LT
5.6T INR 20.4 33.9
IN
Larsen and Toubro Ltd
F:LTO
46.8B EUR 18.6 30.8
ES
Ferrovial SA
MAD:FER
43.3B EUR 33.6 48.1
NL
Ferrovial SE
AEX:FER
43.2B EUR 34.1 48.7
DE
Hochtief AG
XETRA:HOT
35.2B EUR 12.7 38.1
US
EMCOR Group Inc
NYSE:EME
38.9B USD 21.5 30.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
MYR Group Inc
NASDAQ:MYRG
Average EV/EBITDA: 24
22.5
18%
1.2
JP
Sumitomo Densetsu Co Ltd
TSE:1949
10.9
N/A N/A
US
Quanta Services Inc
NYSE:PWR
40.6
22%
1.8
FR
Vinci SA
PAR:DG
6.6
5%
1.3
US
Comfort Systems USA Inc
NYSE:FIX
42.2
16%
2.6
IN
Larsen & Toubro Ltd
NSE:LT
20.4
18%
1.1
IN
Larsen and Toubro Ltd
F:LTO
18.6
18%
1
ES
Ferrovial SA
MAD:FER
33.6
10%
3.4
NL
Ferrovial SE
AEX:FER
34.1
10%
3.4
DE
H
Hochtief AG
XETRA:HOT
12.7
4%
3.2
US
EMCOR Group Inc
NYSE:EME
21.5
8%
2.7

Market Distribution

Higher than 72% of companies in the United States of America
Percentile
72st
Based on 9 875 companies
72st percentile
22.5
Low
0 — 10
Typical Range
10 — 21.5
High
21.5 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 10
Median 14.4
70th Percentile 21.5
Max 1 767 274.1

MYR Group Inc
Glance View

MYR Group Inc. has quietly carved a significant niche for itself within the specialized construction industry, focusing primarily on electrical infrastructure and services. Born in the realm of power and communication lines, MYR Group has built its legacy by keeping the lights on and ensuring seamless communication across North America. This company, originally established as a union of various regional firms, operates through a network of subsidiaries that provide diverse services—from high-voltage transmission line construction to commercial and industrial electrical contracting. By weaving together expertise in different but related domains, MYR Group is able to package a comprehensive suite of services that cater to utilities, governmental entities, and private sector clients, ensuring the steady flow of electricity and data that modern societies depend on. Central to MYR Group’s business model is its adaptability and diversification. The company not only capitalizes on long-term contracts with large utility companies but also taps into emerging opportunities in renewable energy projects, communication infrastructure, and maintenance services. These projects, often complex and technically demanding, allow MYR Group to leverage its extensive experience, skilled workforce, and strategic partnerships. Revenue flows in through contracts on large-scale projects, ongoing maintenance agreements, and specialty services that require high-level expertise. As the energy landscape evolves with increased renewable integration, MYR Group remains poised to thrive by aligning its capabilities with the inevitable shifts towards modernization and sustainability in infrastructure development.

MYRG Intrinsic Value
197.03 USD
Overvaluation 42%
Intrinsic Value
Price $338.05
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