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Myer Holdings Limited (MYR) AI Stock Analysis
Myer Holdings Limited
(ASX:MYR)
The score is held down primarily by deteriorating profitability and a leveraged balance sheet, despite steady operating and free cash flow. Technicals also remain soft with the stock below key longer-term moving averages and a negative MACD. Valuation is mixed: a high dividend yield helps, but a negative P/E reflects ongoing losses.
Myer Holdings Limited (MYR) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 345.55M
- Dividend Yield
- 7.50%
- Average Volume (3M)
- 8.12M
- Price to Earnings (P/E)
- -1.3
- Beta (1Y)
- 1.25
- Revenue Growth
- 11.98%
- EPS Growth
- 3.09%
- Country
- Australia
- Employees
- 15,000
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Department Stores
Myer Holdings Limited Business Overview & Revenue Model
Company Description
Myer Holdings Limited operates department stores in Australia and New Zealand. The company offers dresses, tops, pants, skirts, swimwear, jackets and coats, jeans and denim products, shorts, knitwear and sweaters, loungewear, t-shirts, shirts, polos,...
How the Company Makes Money
Myer primarily makes money by retailing merchandise to customers, earning revenue from the sale of goods across its key product categories (e.g., fashion, beauty/cosmetics, and homewares) through physical stores and e-commerce. The core revenue model...
Myer Holdings Limited Financial Statement Overview
Summary
Financial health is pressured by a sharp profitability reversal: net margins fell from ~1.6%–2.2% (2022–2024) to -7.0% (2025) and -8.2% (2026) with negative operating margins (-3.9% in 2025, -8.7% in 2026). Leverage remains meaningful (debt-to-equity ~2.48x in 2026) and equity is relatively thin, reducing flexibility. The key offset is resilient cash generation, with positive operating cash flow (~243m–277m) and solid free cash flow (~143m–223m), though FCF declined in 2026 and debt coverage remains modest.
Income Statement
26NegativeBalance Sheet
33NegativeCash Flow
58Neutral| Breakdown | TTM | Jul 2026 | Jul 2025 | Jul 2024 | Jul 2023 | Jul 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.37B | 3.37B | 3.01B | 2.64B | 2.76B | 2.50B |
| Gross Profit | 1.60B | 1.58B | 1.41B | 1.19B | 1.20B | 1.12B |
| EBITDA | -261.20M | -18.80M | 115.00M | 357.90M | 389.80M | 387.20M |
| Net Income | -276.50M | -276.50M | -211.20M | 43.50M | 60.40M | 49.00M |
Balance Sheet | ||||||
| Total Assets | 3.05B | 3.05B | 3.15B | 2.38B | 2.51B | 2.62B |
| Cash, Cash Equivalents and Short-Term Investments | 100.10M | 100.10M | 167.20M | 176.00M | 179.70M | 243.90M |
| Total Debt | 1.46B | 1.46B | 1.63B | 1.63B | 1.71B | 1.76B |
| Total Liabilities | 2.46B | 2.46B | 2.26B | 2.12B | 2.27B | 2.35B |
| Stockholders Equity | 589.40M | 589.40M | 890.70M | 255.00M | 240.50M | 267.40M |
Cash Flow | ||||||
| Free Cash Flow | 223.00M | 223.00M | 205.90M | 192.90M | 142.10M | 206.90M |
| Operating Cash Flow | 263.20M | 263.20M | 246.70M | 244.90M | 242.40M | 275.40M |
| Investing Cash Flow | -50.20M | -50.20M | -53.00M | -63.90M | -74.50M | -44.20M |
| Financing Cash Flow | -280.10M | -280.10M | -291.10M | -184.70M | -232.10M | -165.90M |
Myer Holdings Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MYR, the sentiment is Neutral. The current price of 0.20 is above the 20-day moving average (MA) of 0.20, above the 50-day MA of 0.19, and below the 200-day MA of 0.26, indicating a neutral trend. The MACD of 0.00 indicates Negative momentum. The RSI at 53.11 is Neutral, neither overbought nor oversold. The STOCH value of 36.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:MYR.
Myer Holdings Limited Peers Comparison
Overall Rating
AU:JBH68Neutral
AU:PMV67Neutral
AU:WES64Neutral
AU:HVN60Neutral
AU:TPW51Neutral- AU:MYR47Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| AU:JBH | 68Neutral | AUD 7.97B | 16.27 | 29.54% | 4.62% | 4.82% | 5.95% |
| AU:PMV | 67Neutral | AUD 2.14B | 16.54 | 13.03% | 7.09% | -2.83% | -22.08% |
| AU:WES | 64Neutral | AUD 87.06B | 30.31 | 36.30% | 4.85% | 3.43% | -1.78% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| AU:HVN | 60Neutral | AUD 5.15B | 9.60 | 10.78% | 6.56% | 4.65% | 2.02% |
| AU:TPW | 51Neutral | AUD 615.37M | 147.90 | 3.54% | ― | 10.63% | -62.61% |
| AU:MYR | 47Neutral | AUD 345.55M | -1.28 | -36.45% | 7.50% | 11.98% | 3.09% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:MYR | Myer Holdings Limited | 0.20 | -0.18 | -47.92% | |
| AU:HVN | Harvey Norman Holdings Ltd | 4.13 | -2.80 | -40.38% | |
| AU:TPW | Temple & Webster Group Ltd | 5.28 | -18.45 | -77.75% | |
| AU:WES | Wesfarmers Limited | 76.69 | -3.75 | -4.67% | |
| AU:JBH | JB Hi-Fi Limited | 72.88 | -26.15 | -26.41% | |
| AU:PMV | Premier Investments Limited | 13.40 | -3.42 | -20.34% |
Myer Holdings Limited Corporate Events
Myer Reports Lapse of Over 6.6 Million Incentive Rights
Myer Holdings has reported the lapse of a significant number of performance and share rights, signalling an adjustment to its existing equity-based incentive arrangements. The cessation involves more than 6.6 million rights that have expired because...
Myer Discloses Shareholdings of Newly Appointed Director Mark Middeldorf
Myer Holdings Limited has appointed Mark Lee Middeldorf as a director, effective 24 September 2026. According to the initial director’s interest notice lodged with the ASX, Middeldorf holds 261,052 fully paid ordinary shares in the company and...
Myer sets date and nomination window for 2026 AGM
Myer Holdings Limited has scheduled its 2026 Annual General Meeting for Thursday, 10 December 2026, with the re-election of directors to be considered as a key item of business. The company has set 7 October 2026, at 5:00pm Melbourne time, as the dea...
Myer posts FY26 loss but pushes ahead with integration and growth strategy
Myer Group reported FY26 total sales of $4.09 billion, with comparable sales up 0.7% despite cost-of-living pressures, volatile trading and a warmer start to winter that hurt clothing demand. The retailer maintained a net cash position of $100 millio...
Myer lifts sales but deeper loss and no final dividend underline pressure
Myer reported a 12.0% increase in total sales to $3.37 billion for the 52 weeks ended 25 July 2026, but the loss attributable to shareholders widened by 35.3% to $276.5 million. Net profit after tax before transaction and strategic review costs, impa...
Myer appoints retail veteran Solomon Lew to board as largest shareholder gains seat
Myer Holdings Limited has appointed prominent retailer Solomon Lew to its board as a non-executive director, effective 24 September 2026, with Mark Middeldorf named as his alternate director from the same date. The move follows Myer’s earlier i...
S&P Dow Jones Indices Sets Broad Rebalance of S&P/ASX Benchmarks for September 2026
S&P Dow Jones Indices has outlined its September 2026 quarterly rebalance for the S&P/ASX suite, leaving the S&P/ASX 20 unchanged while reshaping higher tiers with additions and removals across the 50, 100, 200 and 300 indices. Mineral Re...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 25, 2026