MAYVILLE ENGINEERING CO INC (MEC) Fundamental Analysis & Valuation

NYSE:MEC • US5786051079

Current stock price

20.58 USD
+0.08 (+0.39%)
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.
  • Each year in the past 5 years MEC had a positive operating cash flow.
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 has a Return On Assets of -1.44%. This is in the lower half of the industry: MEC underperforms 70.23% of its industry peers.
  • The Return On Equity of MEC (-3.37%) is worse than 69.47% of its industry peers.
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

  • MEC has a worse Gross Margin (10.00%) than 87.79% of its industry peers.
  • MEC's Gross Margin has improved in the last couple of years.
  • 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.
  • Compared to 1 year ago, MEC has less shares outstanding
  • 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 1.97 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 1.97. This is in the lower half of the industry: MEC underperforms 66.41% 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.
  • MEC has a Debt/Equity ratio of 0.84. This is a neutral value indicating MEC is somewhat dependend on debt financing.
  • MEC's Debt to Equity ratio of 0.84 is on the low side compared to the rest of the industry. MEC is outperformed by 75.57% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.84
Debt/FCF 7.58
Altman-Z 1.97
ROIC/WACCN/A
WACC10.08%
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

  • MEC has a Current Ratio of 1.72. This is a normal value and indicates that MEC is financially healthy and should not expect problems in meeting its short term obligations.
  • With a Current ratio value of 1.72, MEC is not doing good in the industry: 64.89% of the companies in the same industry are doing better.
  • 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.
  • The Quick ratio of MEC (0.92) is worse than 70.99% 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

  • MEC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -205.94%.
  • Looking at the last year, MEC shows a decrease in Revenue. The Revenue has decreased by -6.04% in the last year.
  • MEC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.85% yearly.
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 103.10% on average over the next years. This is a very strong growth
  • MEC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.57% yearly.
EPS Next Y119.43%
EPS Next 2Y103.1%
EPS Next 3YN/A
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 0 0.2 -0.2 0.4 0.6 0.8

3

4. MEC Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for MEC. In the last year negative earnings were reported.
  • A Price/Forward Earnings ratio of 312.52 indicates a quite expensive valuation of MEC.
  • MEC's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. MEC is more expensive than 69.47% of the companies in the same industry.
  • MEC's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 23.68.
Industry RankSector Rank
PE N/A
Fwd PE 312.52
MEC Price Earnings VS Forward Price EarningsMEC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 100 200 300

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as MEC.
  • Based on the Price/Free Cash Flow ratio, MEC is valued cheaply inside the industry as 87.02% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 15.54
EV/EBITDA 16.16
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

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • MEC's earnings are expected to grow with 103.10% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y103.1%
EPS Next 3YN/A

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 (4/10/2026, 12:15:02 PM)

20.58

+0.08 (+0.39%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)03-03
Earnings (Next)05-04
Inst Owners69.91%
Inst Owner Change0%
Ins Owners3.89%
Ins Owner Change2.75%
Market Cap418.19M
Revenue(TTM)546.49M
Net Income(TTM)-8.11M
Analysts84.44
Price Target25.25 (22.69%)
Short Float %5.51%
Short Ratio4.81
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)15.12%
EPS NQ rev (1m)-2460%
EPS NQ rev (3m)-1401.82%
EPS NY rev (1m)0%
EPS NY rev (3m)-67.64%
Revenue NQ rev (1m)-1.49%
Revenue NQ rev (3m)-1.49%
Revenue NY rev (1m)-0.55%
Revenue NY rev (3m)-0.02%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 312.52
P/S 0.77
P/FCF 15.54
P/OCF 10.84
P/B 1.74
P/tB N/A
EV/EBITDA 16.16
EPS(TTM)-0.34
EYN/A
EPS(NY)0.07
Fwd EY0.32%
FCF(TTM)1.32
FCFY6.44%
OCF(TTM)1.9
OCFY9.22%
SpS26.89
BVpS11.85
TBVpS-0.53
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
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 1.97
F-Score3
WACC10.08%
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 Y119.43%
EPS Next 2Y103.1%
EPS Next 3YN/A
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 Year151383%
EBIT Next 3Y1019.63%
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.