MYR Group Inc. (MYRG) Fair Value 2026

MYRG · Engineering & Construction ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

8.7 /10

32 fundamental signals · 10 models active

Value Trap Risk

SAFE (6/100)

Quick Summary — As of 2026-08-27, MYR Group Inc. (MYRG) trades at $309.39, versus a $139.49 median fair value across its 10 active models — 54.9% below the current price. QOC: 8.7/10. Value Trap Risk: 6/100 (SAFE). 10/13 models active. Within that set, the Bayesian DCF component alone returns $79.26.

Key Facts

Ticker
MYRG
Price
$309.39
Quality Score
8.7/10
Value Trap Risk
6/100
Models Active
10/13
Last Updated
Strength: First Chicago suggests +46.8% upside with 59% confidence
Risk: Majority of models suggest overvaluation

Is MYR Group Inc. (MYRG) Undervalued or Overvalued in 2026?

According to CirclFi’s 10-model valuation engine, MYR Group Inc. (MYRG) appears overvalued as of : the median of 10 independent fair value estimates is $139.49, 54.9% below the current price of $309.39. Estimates range from $58.52 to $587.67. MYRG scores 8.7/10 on fundamental quality and 6/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. MYRG’s -54.9% gap is wider than that market norm, and the Engineering & Construction sector median is -33.6%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy MYR Group Inc. Stock in 2026? →

What Fair Value Does Each Model Give MYRG?

10 Intrinsic Value Models vs. Current Price ($309.39)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $79.26 -74.4%
Intrinsic · High Conviction
 $59.14 -80.9%
Ensemble · Low Conviction
 $156.96 -49.3%
Scenario · High Conviction
 $454.31 +46.8%
Unlock the Full Matrix

Access 6 additional models including EROIC Spread, ML-RIV, and more.

$1.30 / day

Billed monthly ($39/mo) or annually ($299/yr)

Unlock All 10 Models →

Cancel anytime · No contracts · Instant access

What Is MYRG's Fair Value Range?

Spread across 10 independent models · $58.52 to $587.67

CirclFi's 10 active models place MYR Group Inc. (MYRG) between $58.52 and $587.67 per share, a spread of 379% of the median. The median of that range — $139.49 — is the fair value CirclFi publishes for MYRG, against a current price of $309.39.

Low · EROICHigh · Regime Cross
$58.52median $139.49$587.67
Where the range comes from
Most bearish modelEROIC Spread$58.52
Most bullish modelRegime Cross-Sectional$587.67
Model agreement3 bullish · 7 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for MYRG. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on MYRG, not a CirclFi price target. How each model works →

What Is MYR Group Inc. (MYRG) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, the balance of valuation evidence tilts cautious on MYR Group Inc. at its current price of $309.39. The median intrinsic value is estimated at $139.49 (-54.9% vs price), with 7 models flagging overvaluation risk. Notably, Regime Cross sees the most upside at +89.9% (fair value: $587.67), while EROIC is the most conservative at -81.1% ($58.52). The spread between these extremes — +171.0% — reveals how different analytical frameworks can reach starkly different conclusions. Among models with highest confidence, EPV lean bearish — adding weight to the bearish side of the thesis.

What Do the Models Say About MYRG?

10 of 13 models are currently active for MYRG. Of these, 3 models suggest upside while 7 models suggest overvaluation. Taken together, their median fair value for MYRG is $139.49 — the figure CirclFi publishes as this stock's fair value. One component of that median, the Bayesian DCF, returns $79.26 on its own, implying -74.4% downside from the current price. See which stocks rank higher →

How Does MYRG Rank in Engineering & Construction?

Among 53 Engineering & Construction stocks, MYRG ranks #6 by Quality of Company score. CirclFi's QOC score of 8.7/10 evaluates 32 fundamental signals. A score of 8.7 places MYRG in the top tier.

See all Most Undervalued Engineering & Construction Stocks →

Within the Engineering & Construction space, MYR Group Inc. competes in an environment where aftermarket revenue mix often separates market leaders from laggards. Understanding these industry-specific dynamics is essential context for interpreting our model outputs.

Is MYRG a Value Trap?

CirclFi's Value Trap algorithm assigns MYRG a score of 6/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

10 of 13 models are active for MYR Group Inc.. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, which evaluates 32 signals including margin stability, revenue growth trajectory, leverage, and free cash flow generation, MYR Group Inc. is rated at 8.7/10. This strong-tier score demonstrates strong fundamentals across the majority of our quality signals.

The gap between the most bullish and bearish model spans +171.0% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every MYRG valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across MYRG's 10 active models, average confidence is 49%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy MYR Group Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Engineering & Construction Stocks Should You Also Analyze?

11 related Engineering & Construction stocks with 13-model coverage

AGXArgan, Inc.QOC 9.0DYDycom Industries, Inc.QOC 8.7EMEEMCOR Group, Inc.QOC 9.4PRIMPrimoris Services CorporationQOC 8.7IESCIES Holdings, Inc.QOC 9.4EXPOExponent, Inc.QOC 8.6KBRKBR, Inc.QOC 8.0MTRXMatrix Service CompanyQOC 6.6OFALOFA GroupQOC 5.0FIXComfort Systems USA, Inc.QOC 9.6STRLSterling Infrastructure, Inc.QOC 9.5

Read investment analysis: AGX · DY · EME · PRIM · IESC · EXPO · KBR · MTRX · OFAL · FIX · STRL

Which Other Stocks Have a Similar Quality Score to MYRG?

7 companies across all industries closest to MYRG’s Quality of Company score of 8.7/10.

ALHAlliance Laundry Holdings Inc.QOC 8.7IOSPInnospec Inc.QOC 8.7LAURLaureate Education, Inc.QOC 8.8EFSCEnterprise Financial Services CorpQOC 8.7THGThe Hanover Insurance Group, Inc.QOC 8.8DCIDonaldson Company, Inc.QOC 8.7NVDANVIDIA CorporationQOC 10.0

Read investment analysis: ALH · IOSP · LAUR · EFSC · THG · DCI · NVDA

Where Does MYRG Sit in CirclFi's Engineering & Construction Rankings?

MYRG is ranked against every other Engineering & Construction stock CirclFi covers in each of these screens.

See all Engineering & Construction stocks ranked →

What Else Do Investors Ask About MYR Group Inc.’s Valuation?

What is MYR Group Inc.'s intrinsic value in 2026?

CirclFi puts MYR Group Inc. (MYRG)'s intrinsic value at $139.49 — the median of 10 independent model estimates as of 2026-08-27, ranging from $58.52 to $587.67. One component of that median, the Bayesian DCF, runs 10,000 Monte Carlo simulations with jump-diffusion and returns $79.26 on its own. The Quality of Company score is 8.7/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is MYRG overvalued or undervalued right now?

At $309.39, 3 of 10 active models suggest MYRG may be undervalued, while 7 indicate potential overvaluation. The median of all 10 fair value estimates is $139.49, 54.9% below the current price of $309.39 — a consensus view that MYRG is overvalued. The assessment depends on which methodology best fits MYR Group Inc.'s business model in Engineering & Construction.

What does a Quality of Company score of 8.7 mean for MYRG?

MYR Group Inc.'s QOC of 8.7/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on MYRG?

CirclFi analyzes MYRG with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 10 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on MYRG?

Of the 10 models currently active on MYRG, Regime Cross-Sectional is the most bullish at $587.67 per share, and EROIC Spread is the most bearish at $58.52. CirclFi's published fair value for MYRG is the median of that range, $139.49, not either extreme. The gap between the two ends equals 379% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is MYRG a value trap in 2026?

MYR Group Inc.'s Value Trap score is 6/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 10-model valuation engine, MYR Group Inc. (MYRG) has a median fair value of $139.49 — 54.9% below the current price of $309.39 — as of 2026-08-27.” Source: circlfi.com/stock/MYRG/ · Methodology
Primary sources for this MYRG valuation
  • Financial statements: MYR Group Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0000700923) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for MYRG as of ; valuations recomputed .

You’ve done the research. Don’t stop at half the picture.

Stop collecting opinions. Let 10 mathematical frameworks give you clarity on MYRG.

Unlock All 10 Fair Values — $39/mo

Cancel anytime · Less than a cup of coffee · Instant access

6 models hidden for MYRG Unlock All 10 — $39/mo