MAYVILLE ENGINEERING CO INC (MEC) Fundamental Analysis & Valuation

NYSE:MEC • US5786051079

Current stock price

21.09 USD
-0.09 (-0.42%)
Last:

This MEC fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

2

1. MEC Profitability Analysis

1.1 Basic Checks

  • MEC had negative earnings in the past year.
  • MEC had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: MEC reported negative net income in multiple years.
  • In the past 5 years MEC always reported a positive cash flow from operatings.
MEC Yearly Net Income VS EBIT VS OCF VS FCFMEC Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20M -20M 40M 60M 80M

1.2 Ratios

  • MEC's Return On Assets of -1.44% is on the low side compared to the rest of the industry. MEC is outperformed by 70.23% of its industry peers.
  • Looking at the Return On Equity, with a value of -3.37%, MEC is doing worse than 68.70% of the companies in the same industry.
Industry RankSector Rank
ROA -1.44%
ROE -3.37%
ROIC N/A
ROA(3y)1.99%
ROA(5y)1.65%
ROE(3y)3.45%
ROE(5y)3.03%
ROIC(3y)N/A
ROIC(5y)N/A
MEC Yearly ROA, ROE, ROICMEC Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10 15

1.3 Margins

  • With a Gross Margin value of 10.00%, MEC is not doing good in the industry: 88.55% of the companies in the same industry are doing better.
  • In the last couple of years the Gross Margin of MEC has grown nicely.
  • The Profit Margin and Operating Margin are not available for MEC so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 10%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.81%
GM growth 5Y2.65%
MEC Yearly Profit, Operating, Gross MarginsMEC Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10

2

2. MEC Health Analysis

2.1 Basic Checks

  • MEC does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • MEC has less shares outstanding than it did 1 year ago.
  • MEC has more shares outstanding than it did 5 years ago.
  • MEC has a worse debt/assets ratio than last year.
MEC Yearly Shares OutstandingMEC Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 2025 5M 10M 15M 20M
MEC Yearly Total Debt VS Total AssetsMEC Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M

2.2 Solvency

  • An Altman-Z score of 2.00 indicates that MEC is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • MEC has a Altman-Z score of 2.00. This is in the lower half of the industry: MEC underperforms 65.65% of its industry peers.
  • MEC has a debt to FCF ratio of 7.58. This is a slightly negative value and a sign of low solvency as MEC would need 7.58 years to pay back of all of its debts.
  • The Debt to FCF ratio of MEC (7.58) is comparable to the rest of the industry.
  • A Debt/Equity ratio of 0.84 indicates that MEC is somewhat dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.84, MEC is doing worse than 75.57% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.84
Debt/FCF 7.58
Altman-Z 2
ROIC/WACCN/A
WACC10.25%
MEC Yearly LT Debt VS Equity VS FCFMEC Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50M 100M 150M 200M 250M

2.3 Liquidity

  • A Current Ratio of 1.72 indicates that MEC should not have too much problems paying its short term obligations.
  • The Current ratio of MEC (1.72) is worse than 65.65% of its industry peers.
  • MEC has a Quick Ratio of 1.72. This is a bad value and indicates that MEC is not financially healthy enough and could expect problems in meeting its short term obligations.
  • MEC has a Quick ratio of 0.92. This is in the lower half of the industry: MEC underperforms 71.76% of its industry peers.
Industry RankSector Rank
Current Ratio 1.72
Quick Ratio 0.92
MEC Yearly Current Assets VS Current LiabilitesMEC Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M

3

3. MEC Growth Analysis

3.1 Past

  • The earnings per share for MEC have decreased strongly by -205.94% in the last year.
  • MEC shows a decrease in Revenue. In the last year, the revenue decreased by -6.04%.
  • Measured over the past years, MEC shows a quite strong growth in Revenue. The Revenue has been growing by 8.85% on average per year.
EPS 1Y (TTM)-205.94%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-37.5%
Revenue 1Y (TTM)-6.04%
Revenue growth 3Y0.44%
Revenue growth 5Y8.85%
Sales Q2Q%10.69%

3.2 Future

  • The Earnings Per Share is expected to grow by 68.69% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 4.57% on average over the next years.
EPS Next Y25.93%
EPS Next 2Y96.6%
EPS Next 3Y68.69%
EPS Next 5YN/A
Revenue Next Year9.69%
Revenue Next 2Y9.17%
Revenue Next 3Y7.1%
Revenue Next 5Y4.57%

3.3 Evolution

  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
MEC Yearly Revenue VS EstimatesMEC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 200M 400M 600M
MEC Yearly EPS VS EstimatesMEC Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 0.2 -0.2 0.4 0.6 0.8

3

4. MEC Valuation Analysis

4.1 Price/Earnings Ratio

  • MEC reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for MEC. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
MEC Price Earnings VS Forward Price EarningsMEC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 -40 -60 -80

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MEC is on the same level as its industry peers.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of MEC indicates a rather cheap valuation: MEC is cheaper than 86.26% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 15.92
EV/EBITDA 16.52
MEC Per share dataMEC EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15 20 25

4.3 Compensation for Growth

  • A more expensive valuation may be justified as MEC's earnings are expected to grow with 68.69% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y96.6%
EPS Next 3Y68.69%

0

5. MEC Dividend Analysis

5.1 Amount

  • No dividends for MEC!.
Industry RankSector Rank
Dividend Yield 0%

MEC Fundamentals: All Metrics, Ratios and Statistics

MAYVILLE ENGINEERING CO INC

NYSE:MEC (4/21/2026, 12:50:07 PM)

21.09

-0.09 (-0.42%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)03-03
Earnings (Next)05-05
Inst Owners69.96%
Inst Owner Change0.06%
Ins Owners3.93%
Ins Owner Change2.75%
Market Cap428.55M
Revenue(TTM)546.49M
Net Income(TTM)-8.11M
Analysts84.44
Price Target25.25 (19.72%)
Short Float %5.73%
Short Ratio4.95
Dividend
Industry RankSector Rank
Dividend Yield 0%
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)-489.88%
Min EPS beat(2)-950.1%
Max EPS beat(2)-29.66%
EPS beat(4)0
Avg EPS beat(4)-318.22%
Min EPS beat(4)-950.1%
Max EPS beat(4)-29.66%
EPS beat(8)0
Avg EPS beat(8)-168.09%
EPS beat(12)0
Avg EPS beat(12)-125.45%
EPS beat(16)2
Avg EPS beat(16)-89.48%
Revenue beat(2)1
Avg Revenue beat(2)0.72%
Min Revenue beat(2)-0.5%
Max Revenue beat(2)1.94%
Revenue beat(4)1
Avg Revenue beat(4)-0.95%
Min Revenue beat(4)-5.05%
Max Revenue beat(4)1.94%
Revenue beat(8)3
Avg Revenue beat(8)-2.5%
Revenue beat(12)4
Avg Revenue beat(12)-2.51%
Revenue beat(16)7
Avg Revenue beat(16)-0.8%
PT rev (1m)8.79%
PT rev (3m)12.5%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1401.82%
EPS NY rev (1m)-481.29%
EPS NY rev (3m)-223.37%
Revenue NQ rev (1m)-0.56%
Revenue NQ rev (3m)-1.49%
Revenue NY rev (1m)0.54%
Revenue NY rev (3m)-0.02%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.78
P/FCF 15.92
P/OCF 11.11
P/B 1.78
P/tB N/A
EV/EBITDA 16.52
EPS(TTM)-0.34
EYN/A
EPS(NY)-0.25
Fwd EYN/A
FCF(TTM)1.32
FCFY6.28%
OCF(TTM)1.9
OCFY9%
SpS26.89
BVpS11.85
TBVpS-0.53
PEG (NY)N/A
PEG (5Y)N/A
Graham Number0 (-100%)
Profitability
Industry RankSector Rank
ROA -1.44%
ROE -3.37%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 10%
FCFM 4.92%
ROA(3y)1.99%
ROA(5y)1.65%
ROE(3y)3.45%
ROE(5y)3.03%
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)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.81%
GM growth 5Y2.65%
F-Score3
Asset Turnover0.97
Health
Industry RankSector Rank
Debt/Equity 0.84
Debt/FCF 7.58
Debt/EBITDA 5.31
Cap/Depr 28.21%
Cap/Sales 2.13%
Interest Coverage N/A
Cash Conversion 100.67%
Profit Quality N/A
Current Ratio 1.72
Quick Ratio 0.92
Altman-Z 2
F-Score3
WACC10.25%
ROIC/WACCN/A
Cap/Depr(3y)35.9%
Cap/Depr(5y)86.27%
Cap/Sales(3y)2.34%
Cap/Sales(5y)5.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-205.94%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-37.5%
EPS Next Y25.93%
EPS Next 2Y96.6%
EPS Next 3Y68.69%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.04%
Revenue growth 3Y0.44%
Revenue growth 5Y8.85%
Sales Q2Q%10.69%
Revenue Next Year9.69%
Revenue Next 2Y9.17%
Revenue Next 3Y7.1%
Revenue Next 5Y4.57%
EBIT growth 1Y-115.64%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year121889%
EBIT Next 3Y1123.98%
EBIT Next 5Y512.07%
FCF growth 1Y-65.37%
FCF growth 3YN/A
FCF growth 5Y-1.3%
OCF growth 1Y-57.06%
OCF growth 3Y-9.73%
OCF growth 5Y1.09%

MAYVILLE ENGINEERING CO INC / MEC Fundamental Analysis FAQ

What is the ChartMill fundamental rating of MAYVILLE ENGINEERING CO INC (MEC) stock?

ChartMill assigns a fundamental rating of 2 / 10 to MEC.


Can you provide the valuation status for MAYVILLE ENGINEERING CO INC?

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 2 / 10.