MYR vs Forth: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

MYR Group Inc (MYRG)

Q3 20261 Aug – 30 Sep 2026

▲3▼1

MYRG's record Q2 and grid demand drive growth, but stock cools

Record Q2 results and backlog MYR Group reported record second-quarter revenue of $1.08 billion, up 20% year over year, with earnings beating estimates and operating margin expanding to 6.3%. Backlog hit a record $3.16 billion, up nearly 20%, showing strong demand for its electrical construction services.
This is the core new financial performance that directly supports the stock's fundamental value.
Acquisition strategy and undervaluation Management plans to use borrowing capacity and cash flow for acquisitions and buybacks, signaling growth. After record Q2 and recent acquisitions, one analysis suggests the stock is 23% undervalued, with fair value at $433 versus recent price of $333.
This explains the growth strategy and potential value gap that could attract investors.
T&D segment margin expansion The Transmission & Distribution segment's first-half revenue rose 10% to $1.06 billion, with operating income up 32.6% and margin expanding to 9.6%. This reflects strong demand for grid upgrades and infrastructure work, a key driver for MYR Group.
It highlights the profitability and demand in a core business segment.
Stock price cooling despite strong results Despite record results, MYR Group shares have fallen 28% over the past 30 days and are down 8.3% since reporting, even as peers like Tutor Perini also saw declines. This suggests broader sector weakness or profit-taking may be pressuring the stock.
It provides a counterweight, showing that strong fundamentals haven't prevented a recent sell-off.

August 20261 Aug – 30 Sep 2026

▲3▼1

MYRG's record Q2 and grid demand drive growth, but stock cools

Record Q2 results and backlog MYR Group reported record second-quarter revenue of $1.08 billion, up 20% year over year, with earnings beating estimates and operating margin expanding to 6.3%. Backlog hit a record $3.16 billion, up nearly 20%, showing strong demand for its electrical construction services.
This is the core new financial performance that directly supports the stock's fundamental value.
Acquisition strategy and undervaluation Management plans to use borrowing capacity and cash flow for acquisitions and buybacks, signaling growth. After record Q2 and recent acquisitions, one analysis suggests the stock is 23% undervalued, with fair value at $433 versus recent price of $333.
This explains the growth strategy and potential value gap that could attract investors.
T&D segment margin expansion The Transmission & Distribution segment's first-half revenue rose 10% to $1.06 billion, with operating income up 32.6% and margin expanding to 9.6%. This reflects strong demand for grid upgrades and infrastructure work, a key driver for MYR Group.
It highlights the profitability and demand in a core business segment.
Stock price cooling despite strong results Despite record results, MYR Group shares have fallen 28% over the past 30 days and are down 8.3% since reporting, even as peers like Tutor Perini also saw declines. This suggests broader sector weakness or profit-taking may be pressuring the stock.
It provides a counterweight, showing that strong fundamentals haven't prevented a recent sell-off.

Latest1 Aug – 30 Sep 2026

▲3▼1

MYRG's record Q2 and grid demand drive growth, but stock cools

Record Q2 results and backlog MYR Group reported record second-quarter revenue of $1.08 billion, up 20% year over year, with earnings beating estimates and operating margin expanding to 6.3%. Backlog hit a record $3.16 billion, up nearly 20%, showing strong demand for its electrical construction services.
This is the core new financial performance that directly supports the stock's fundamental value.
Acquisition strategy and undervaluation Management plans to use borrowing capacity and cash flow for acquisitions and buybacks, signaling growth. After record Q2 and recent acquisitions, one analysis suggests the stock is 23% undervalued, with fair value at $433 versus recent price of $333.
This explains the growth strategy and potential value gap that could attract investors.
T&D segment margin expansion The Transmission & Distribution segment's first-half revenue rose 10% to $1.06 billion, with operating income up 32.6% and margin expanding to 9.6%. This reflects strong demand for grid upgrades and infrastructure work, a key driver for MYR Group.
It highlights the profitability and demand in a core business segment.
Stock price cooling despite strong results Despite record results, MYR Group shares have fallen 28% over the past 30 days and are down 8.3% since reporting, even as peers like Tutor Perini also saw declines. This suggests broader sector weakness or profit-taking may be pressuring the stock.
It provides a counterweight, showing that strong fundamentals haven't prevented a recent sell-off.

Forth Corporation Public Company Limited (FORTH.BK)

Q3 20265 Aug – 24 Sep 2026

▲3

FORTH profit surges on EMS recovery and smart-grid demand

Q2 profit jumps 92%, dividend paid FORTH's second-quarter 2026 net profit rose 92% to 234 million baht, helped by a 51% jump in electronics (EMS) revenue, and the board paid an interim dividend of 0.15 baht per share. Stronger earnings and cash returned to shareholders support the share price.
This is the core new earnings event that re-rates the stock.
Big order backlog points to future revenue Yuanta keeps a buy rating and 21.30 baht target, noting the systems-integration backlog hit 5.2 billion baht, well above the normal 2-3 billion. A large backlog means work already signed will turn into revenue later, supporting profit growth.
Backlog and broker target explain the forward earnings case behind the price.
Smart-grid budget names FORTH as winner The government plans a 10-20 billion baht first-phase smart-grid investment, and analysts name FORTH among beneficiaries in demand response and EV integration. New public spending on power networks could bring FORTH fresh project orders, lifting future revenue.
New government spending is a fresh demand driver for FORTH's businesses.
Some segments still weak, revenue delayed Enterprise Solution revenue fell 14% and Smart Service 5%, and some new project revenue recognition was delayed, making Q2 profit 21% below Yuanta's estimate. EMS margin also slipped. So the strong headline growth hides uneven segment performance.
It is the real counterweight: not all businesses are growing as fast as the headline.

August 20265 Aug – 24 Sep 2026

▲3

FORTH profit surges on EMS recovery and smart-grid demand

Q2 profit jumps 92%, dividend paid FORTH's second-quarter 2026 net profit rose 92% to 234 million baht, helped by a 51% jump in electronics (EMS) revenue, and the board paid an interim dividend of 0.15 baht per share. Stronger earnings and cash returned to shareholders support the share price.
This is the core new earnings event that re-rates the stock.
Big order backlog points to future revenue Yuanta keeps a buy rating and 21.30 baht target, noting the systems-integration backlog hit 5.2 billion baht, well above the normal 2-3 billion. A large backlog means work already signed will turn into revenue later, supporting profit growth.
Backlog and broker target explain the forward earnings case behind the price.
Smart-grid budget names FORTH as winner The government plans a 10-20 billion baht first-phase smart-grid investment, and analysts name FORTH among beneficiaries in demand response and EV integration. New public spending on power networks could bring FORTH fresh project orders, lifting future revenue.
New government spending is a fresh demand driver for FORTH's businesses.
Some segments still weak, revenue delayed Enterprise Solution revenue fell 14% and Smart Service 5%, and some new project revenue recognition was delayed, making Q2 profit 21% below Yuanta's estimate. EMS margin also slipped. So the strong headline growth hides uneven segment performance.
It is the real counterweight: not all businesses are growing as fast as the headline.

Latest5 Aug – 24 Sep 2026

▲3

FORTH profit surges on EMS recovery and smart-grid demand

Q2 profit jumps 92%, dividend paid FORTH's second-quarter 2026 net profit rose 92% to 234 million baht, helped by a 51% jump in electronics (EMS) revenue, and the board paid an interim dividend of 0.15 baht per share. Stronger earnings and cash returned to shareholders support the share price.
This is the core new earnings event that re-rates the stock.
Big order backlog points to future revenue Yuanta keeps a buy rating and 21.30 baht target, noting the systems-integration backlog hit 5.2 billion baht, well above the normal 2-3 billion. A large backlog means work already signed will turn into revenue later, supporting profit growth.
Backlog and broker target explain the forward earnings case behind the price.
Smart-grid budget names FORTH as winner The government plans a 10-20 billion baht first-phase smart-grid investment, and analysts name FORTH among beneficiaries in demand response and EV integration. New public spending on power networks could bring FORTH fresh project orders, lifting future revenue.
New government spending is a fresh demand driver for FORTH's businesses.
Some segments still weak, revenue delayed Enterprise Solution revenue fell 14% and Smart Service 5%, and some new project revenue recognition was delayed, making Q2 profit 21% below Yuanta's estimate. EMS margin also slipped. So the strong headline growth hides uneven segment performance.
It is the real counterweight: not all businesses are growing as fast as the headline.