MAYVILLE ENGINEERING CO INC (MEC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MEC - US5786051079 - Common Stock
16.99 USD
+0.12 (+0.71%)
16.9 USD
-0.09 (-0.53%)
We assign a fundamental rating of 3 out of 10 to MEC. MEC was compared to 130 industry peers in the Machinery industry. MEC has a bad profitability rating. Also its financial health evaluation is rather negative. While showing a medium growth rate, MEC is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year MEC has reported negative net income.
In the past year MEC had a positive cash flow from operations.
In multiple years MEC reported negative net income over the last 5 years.
In the past 5 years MEC always reported a positive cash flow from operatings.
1.2 Ratios
MEC has a Return On Assets (2.09%) which is in line with its industry peers.
MEC has a Return On Equity (4.99%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.09% | ||
| ROE | 4.99% | ||
| ROIC | N/A |
ROA(3y)3.88%
ROA(5y)1.52%
ROE(3y)7.44%
ROE(5y)3%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 2.29%, MEC is doing worse than 60.77% of the companies in the same industry.
MEC's Operating Margin has improved in the last couple of years.
MEC has a worse Gross Margin (10.44%) than 90.00% of its industry peers.
MEC's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 2.29% | ||
| GM | 10.44% |
OM growth 3Y13.84%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.8%
GM growth 5Y1.59%
2. Health
2.1 Basic Checks
MEC does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, MEC has more shares outstanding
MEC has more shares outstanding than it did 5 years ago.
The debt/assets ratio for MEC has been reduced compared to a year ago.
2.2 Solvency
MEC has an Altman-Z score of 1.78. This is a bad value and indicates that MEC is not financially healthy and even has some risk of bankruptcy.
MEC has a worse Altman-Z score (1.78) than 70.00% of its industry peers.
The Debt to FCF ratio of MEC is 4.05, which is a neutral value as it means it would take MEC, 4.05 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 4.05, MEC is doing good in the industry, outperforming 60.77% of the companies in the same industry.
MEC has a Debt/Equity ratio of 0.87. This is a neutral value indicating MEC is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.87, MEC is not doing good in the industry: 74.62% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 4.05 | ||
| Altman-Z | 1.78 |
ROIC/WACCN/A
WACC9.95%
2.3 Liquidity
MEC has a Current Ratio of 1.82. This is a normal value and indicates that MEC is financially healthy and should not expect problems in meeting its short term obligations.
MEC's Current ratio of 1.82 is on the low side compared to the rest of the industry. MEC is outperformed by 61.54% of its industry peers.
MEC has a Quick Ratio of 1.04. This is a normal value and indicates that MEC is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.04, MEC is doing worse than 63.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.82 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
The earnings per share for MEC have decreased strongly by -147.29% in the last year.
The Earnings Per Share has been decreasing by -7.93% on average over the past years.
Looking at the last year, MEC shows a very negative growth in Revenue. The Revenue has decreased by -12.38% in the last year.
MEC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.28% yearly.
EPS 1Y (TTM)-147.29%
EPS 3Y-7.93%
EPS 5YN/A
EPS Q2Q%-150%
Revenue 1Y (TTM)-12.38%
Revenue growth 3Y8.54%
Revenue growth 5Y2.28%
Sales Q2Q%6.59%
3.2 Future
MEC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.67% yearly.
MEC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.02% yearly.
EPS Next Y-147.34%
EPS Next 2Y22.31%
EPS Next 3Y23.67%
EPS Next 5YN/A
Revenue Next Year-7.66%
Revenue Next 2Y3.03%
Revenue Next 3Y3.04%
Revenue Next 5Y2.02%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
MEC reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
A Price/Forward Earnings ratio of 35.49 indicates a quite expensive valuation of MEC.
Based on the Price/Forward Earnings ratio, MEC is valued a bit more expensive than 69.23% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.59. MEC is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 35.49 |
4.2 Price Multiples
MEC's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, MEC is valued cheaper than 96.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.59 | ||
| EV/EBITDA | 14.28 |
4.3 Compensation for Growth
A more expensive valuation may be justified as MEC's earnings are expected to grow with 23.67% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y22.31%
EPS Next 3Y23.67%
5. Dividend
5.1 Amount
No dividends for MEC!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
16.99
+0.12 (+0.71%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners63.82%
Inst Owner Change0.32%
Ins Owners4.02%
Ins Owner Change1.89%
Market Cap345.24M
Revenue(TTM)533.52M
Net Income(TTM)12.22M
Analysts84.44
Price Target21.42 (26.07%)
Short Float %6.21%
Short Ratio4.14
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-574.81%
Min EPS beat(2)-950.1%
Max EPS beat(2)-199.51%
EPS beat(4)0
Avg EPS beat(4)-316.19%
Min EPS beat(4)-950.1%
Max EPS beat(4)-21.55%
EPS beat(8)0
Avg EPS beat(8)-166.66%
EPS beat(12)0
Avg EPS beat(12)-123.93%
EPS beat(16)3
Avg EPS beat(16)1.13%
Revenue beat(2)1
Avg Revenue beat(2)-1.56%
Min Revenue beat(2)-5.05%
Max Revenue beat(2)1.94%
Revenue beat(4)1
Avg Revenue beat(4)-1.64%
Min Revenue beat(4)-5.05%
Max Revenue beat(4)1.94%
Revenue beat(8)3
Avg Revenue beat(8)-2.86%
Revenue beat(12)5
Avg Revenue beat(12)-2.23%
Revenue beat(16)8
Avg Revenue beat(16)-0.67%
PT rev (1m)14.55%
PT rev (3m)14.55%
EPS NQ rev (1m)-33.17%
EPS NQ rev (3m)-2027.27%
EPS NY rev (1m)-50%
EPS NY rev (3m)-287.5%
Revenue NQ rev (1m)0.68%
Revenue NQ rev (3m)-0.95%
Revenue NY rev (1m)-0.15%
Revenue NY rev (3m)-0.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 35.49 | ||
| P/S | 0.65 | ||
| P/FCF | 6.59 | ||
| P/OCF | 5.47 | ||
| P/B | 1.41 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.28 |
EPS(TTM)-0.28
EYN/A
EPS(NY)0.48
Fwd EY2.82%
FCF(TTM)2.58
FCFY15.17%
OCF(TTM)3.11
OCFY18.29%
SpS26.26
BVpS12.05
TBVpS-0.49
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.09% | ||
| ROE | 4.99% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 2.29% | ||
| GM | 10.44% | ||
| FCFM | 9.82% |
ROA(3y)3.88%
ROA(5y)1.52%
ROE(3y)7.44%
ROE(5y)3%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)5.27%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y13.84%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.8%
GM growth 5Y1.59%
F-Score5
Asset Turnover0.91
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 4.05 | ||
| Debt/EBITDA | 5.44 | ||
| Cap/Depr | 27.15% | ||
| Cap/Sales | 2.02% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 162.19% | ||
| Profit Quality | 428.56% | ||
| Current Ratio | 1.82 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z | 1.78 |
F-Score5
WACC9.95%
ROIC/WACCN/A
Cap/Depr(3y)93.16%
Cap/Depr(5y)85.48%
Cap/Sales(3y)5.26%
Cap/Sales(5y)5.32%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-147.29%
EPS 3Y-7.93%
EPS 5YN/A
EPS Q2Q%-150%
EPS Next Y-147.34%
EPS Next 2Y22.31%
EPS Next 3Y23.67%
EPS Next 5YN/A
Revenue 1Y (TTM)-12.38%
Revenue growth 3Y8.54%
Revenue growth 5Y2.28%
Sales Q2Q%6.59%
Revenue Next Year-7.66%
Revenue Next 2Y3.03%
Revenue Next 3Y3.04%
Revenue Next 5Y2.02%
EBIT growth 1Y-102.8%
EBIT growth 3Y23.56%
EBIT growth 5YN/A
EBIT Next Year168.32%
EBIT Next 3Y57.98%
EBIT Next 5Y26.31%
FCF growth 1Y1536.44%
FCF growth 3YN/A
FCF growth 5Y59.2%
OCF growth 1Y92.44%
OCF growth 3Y83.81%
OCF growth 5Y21.87%
MAYVILLE ENGINEERING CO INC / MEC FAQ
What is the ChartMill fundamental rating of MAYVILLE ENGINEERING CO INC (MEC) stock?
ChartMill assigns a fundamental rating of 3 / 10 to MEC.
What is the valuation status of MAYVILLE ENGINEERING CO INC (MEC) stock?
ChartMill assigns a valuation rating of 3 / 10 to MAYVILLE ENGINEERING CO INC (MEC). This can be considered as Overvalued.
Can you provide the profitability details for MAYVILLE ENGINEERING CO INC?
MAYVILLE ENGINEERING CO INC (MEC) has a profitability rating of 3 / 10.
How financially healthy is MAYVILLE ENGINEERING CO INC?
The financial health rating of MAYVILLE ENGINEERING CO INC (MEC) is 3 / 10.