P/E versus competitors:
Company currently trading on a forward P/E of 12.4 times. This is a 30% discount to the average of 19.9 times.
Over the past two years MYX has traded at an average 20% premium to comps which would imply a P/E of 21.4.
Price to book value versus competitors
Company currently trading at Price to Book Value of 1.2x. This is a 48% discount to the average of P/BV of competitors of 2.2 times. Over the past two years MYX has traded at an average 42% P/BV premium to comps. So the difference is currently 89%.
Looking at just MYX own history by itself.
P/E ratio average over past two years using forward earnings is 20.2.
Current P/E of 12.4 is a 38% discount to that average
Price to book of 1.2 times currently compares to average of 3.2 times. This is a 63% discount.
If sentiment turns even slightly, this company is due a very healthy uplift in share price.
MYX Price at posting:
$1.06 Sentiment: Buy Disclosure: Held
