MYR.AX Myer Holdings (ASX) A$0.31 on 19 Mar 2026: earnings due 24 Mar, key metrics to watch

We start with the facts: MYR.AX stock closed at A$0.31 on 19 Mar 2026, up 3.39% on the day ahead of Myer Holdings’ earnings announcement on 24 Mar 2026. Volume was 4,462,169 shares versus a 50-day average of 6,959,458. Investors will watch margins, inventory and cash flow. Our earnings spotlight links these metrics to valuation, volatility and the Meyka AI forecast for near-term price direction.

Earnings preview: MYR.AX stock and the 24 Mar 2026 report

Myer (MYR.AX) reports results on 24 Mar 2026. Management commentary on same-store sales and gross margin will drive short-term moves. We expect questions on inventory days and promotions given a year low of A$0.27 and a year high of A$0.82.

Analysts will also probe cash generation. The company shows free cash flow per share A$0.18 and operating cash flow per share A$0.21, figures that are central to near-term solvency and capital allocation decisions.

Latest price action and key metrics for MYR.AX stock

On 19 Mar 2026 MYR.AX closed at A$0.31 with a daily range A$0.29–A$0.31. Market cap stands near A$527.88M and shares outstanding are 1,730,746,199. Trading volume was 4,462,169, below the average of 6,959,458.

Important ratios: EPS is -A$0.17, P/E -1.79, P/B 0.41, and debt to equity 1.83. The low PB ratio suggests value, but profitability and leverage are material concerns.

Financials and valuation: what MYR.AX stock data show

Revenue per share is A$2.51 and book value per share is A$0.74. Gross margin is healthy at 46.75%, but net margin is negative at -7.02%. The current ratio of 0.87 flags short-term liquidity pressure.

EV to sales is 0.66 and free cash flow yield is 40.26%. Those mixed signals point to strong cash conversion, but elevated leverage and negative return on equity remain headwinds.

Meyka AI grade & valuation for MYR.AX stock

Meyka AI rates MYR.AX with a score out of 100: 60.74 / 100 (Grade B) — HOLD. This grade factors in S&P 500 and sector comparisons, financial growth, key metrics, forecasts and analyst signals. The score reflects value on book but weak profitability and higher leverage.

Meyka AI’s forecast model projects a monthly target A$0.13 and a 12‑month target A$0.17 versus the current price A$0.31, implying downside of -58.06% and -45.16% respectively. Forecasts are model‑based projections and not guarantees.

Technicals, volatility and sector context for MYR.AX stock

Technicals show short-term weakness. RSI sits near 34.42, MFI at 18.58 indicates oversold conditions, and ADX at 44.75 signals a strong trend. Bollinger bands run A$0.27–A$0.40.

Sector context matters. Consumer Cyclical peers trade at average P/S 1.22 and average PB 2.35. Myer’s lower P/S 0.18 and PB 0.41 reflect store-based pressures and shifting consumer patterns across Australian retail.

Risks, catalysts and what investors should watch in the MYR.AX stock earnings

Near-term risks include continued margin compression, rising payables, and liquidity strain given a negative interest coverage ratio of -1.26. Inventory days at 112.31 and payables days at 114.86 are key operational metrics to monitor.

Catalysts that could change the outlook include margin recovery, stronger online sales, or nimble cost control. Watch management guidance, same-store sales, and any capital management commentary during the earnings call.

Final Thoughts

Key takeaways for MYR.AX stock: Myer trades at A$0.31 on 19 Mar 2026 with clear value in book metrics but persistent profitability and leverage concerns. The upcoming 24 Mar 2026 earnings will be the near-term catalyst. Meyka AI’s model projects a 12‑month target of A$0.17, implying -45.16% from today’s price. Our grade is 60.74/100 (B, HOLD), reflecting mixed fundamentals and sector pressure. Investors should weigh the low price-to-book and strong free cash flow yield against negative margins and elevated debt. Keep an eye on management guidance, margins and liquidity. For ongoing real‑time coverage and AI‑powered market analysis see our MYR page at Meyka stock MYR.AX and related sector updates. Forecasts are model‑based projections and not guarantees.

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Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.