MAYVILLE ENGINEERING CO INC (MEC) Stock Fundamental Analysis

NYSE:MEC • US5786051079

21.68 USD
-0.14 (-0.64%)
At close: Feb 24, 2026
21.68 USD
0 (0%)
After Hours: 2/24/2026, 8:04:00 PM
Fundamental Rating

3

MEC gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 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.


Dividend Valuation Growth Profitability Health

3

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.
  • 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 0 20M -20M 40M 60M 80M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 2.09%, MEC is in line with its industry, outperforming 43.85% of the companies in the same industry.
  • With a Return On Equity value of 4.99%, MEC perfoms like the industry average, outperforming 44.62% of the companies in the same industry.
Industry RankSector 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
MEC Yearly ROA, ROE, ROICMEC Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15

1.3 Margins

  • Looking at the Profit Margin, with a value of 2.29%, MEC is doing worse than 60.00% of the companies in the same industry.
  • In the last couple of years the Operating Margin of MEC has grown nicely.
  • MEC's Gross Margin of 10.44% is on the low side compared to the rest of the industry. MEC is outperformed by 87.69% of its industry peers.
  • In the last couple of years the Gross Margin of MEC has grown nicely.
Industry RankSector 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%
MEC Yearly Profit, Operating, Gross MarginsMEC Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10

3

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
  • The number of shares outstanding for MEC has been increased compared to 5 years ago.
  • The debt/assets ratio for MEC has been reduced compared to a year ago.
MEC Yearly Shares OutstandingMEC Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 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 100M 200M 300M 400M

2.2 Solvency

  • An Altman-Z score of 1.95 indicates that MEC is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • With a Altman-Z score value of 1.95, MEC perfoms like the industry average, outperforming 40.77% of the companies in the same industry.
  • The Debt to FCF ratio of MEC is 4.08, which is a neutral value as it means it would take MEC, 4.08 years of fcf income to pay off all of its debts.
  • MEC's Debt to FCF ratio of 4.08 is in line compared to the rest of the industry. MEC outperforms 56.15% of its industry peers.
  • MEC has a Debt/Equity ratio of 0.87. This is a neutral value indicating MEC is somewhat dependend on debt financing.
  • MEC's Debt to Equity ratio of 0.87 is on the low side compared to the rest of the industry. MEC is outperformed by 75.38% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.87
Debt/FCF 4.08
Altman-Z 1.95
ROIC/WACCN/A
WACC9.66%
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 0 50M 100M 150M 200M 250M

2.3 Liquidity

  • A Current Ratio of 1.82 indicates that MEC should not have too much problems paying its short term obligations.
  • MEC has a worse Current ratio (1.82) than 61.54% of its industry peers.
  • A Quick Ratio of 1.04 indicates that MEC should not have too much problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 1.04, MEC is doing worse than 65.38% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.82
Quick Ratio 1.04
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 50M 100M

4

3. Growth

3.1 Past

  • MEC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -147.29%.
  • The Earnings Per Share has been decreasing by -7.93% on average over the past years.
  • The Revenue for MEC has decreased by -12.38% in the past year. This is quite bad
  • The Revenue has been growing slightly by 2.28% on average over the past years.
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

  • Based on estimates for the next years, MEC will show a very strong growth in Earnings Per Share. The EPS will grow by 30.91% on average per year.
  • Based on estimates for the next years, MEC will show a small growth in Revenue. The Revenue will grow by 2.23% on average per year.
EPS Next Y-212.84%
EPS Next 2Y-52.59%
EPS Next 3Y30.91%
EPS Next 5YN/A
Revenue Next Year-6.79%
Revenue Next 2Y1.26%
Revenue Next 3Y3.64%
Revenue Next 5Y2.23%

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.
  • The Revenue growth rate is stable: in the next years the growth will be about the same 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. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for MEC. In the last year negative earnings were reported.
  • The Price/Forward Earnings ratio is 301.48, which means the current valuation is very expensive for MEC.
  • Based on the Price/Forward Earnings ratio, MEC is valued a bit more expensive than 70.00% of the companies in the same industry.
  • MEC is valuated expensively when we compare the Price/Forward Earnings ratio to 28.01, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE N/A
Fwd PE 301.48
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

  • MEC's Enterprise Value to EBITDA is on the same level as the industry average.
  • MEC's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MEC is cheaper than 95.38% of the companies in the same industry.
Industry RankSector Rank
P/FCF 8.41
EV/EBITDA 16.85
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

  • MEC's earnings are expected to grow with 30.91% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-52.59%
EPS Next 3Y30.91%

0

5. Dividend

5.1 Amount

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

MAYVILLE ENGINEERING CO INC

NYSE:MEC (2/24/2026, 8:04:00 PM)

After market: 21.68 0 (0%)

21.68

-0.14 (-0.64%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)11-04
Earnings (Next)03-03
Inst Owners66.89%
Inst Owner Change5.08%
Ins Owners3.89%
Ins Owner Change-1.86%
Market Cap440.54M
Revenue(TTM)533.52M
Net Income(TTM)12.22M
Analysts82.22
Price Target23.21 (7.06%)
Short Float %6.38%
Short Ratio4.9
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)-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)3.41%
PT rev (3m)8.33%
EPS NQ rev (1m)-14.07%
EPS NQ rev (3m)-48.65%
EPS NY rev (1m)-5.15%
EPS NY rev (3m)-138.33%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.93%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 301.48
P/S 0.83
P/FCF 8.41
P/OCF 6.98
P/B 1.8
P/tB N/A
EV/EBITDA 16.85
EPS(TTM)-0.28
EYN/A
EPS(NY)0.07
Fwd EY0.33%
FCF(TTM)2.58
FCFY11.89%
OCF(TTM)3.11
OCFY14.33%
SpS26.26
BVpS12.05
TBVpS-0.49
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector 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 RankSector Rank
Debt/Equity 0.87
Debt/FCF 4.08
Debt/EBITDA 5.48
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 1.95
F-Score5
WACC9.66%
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-212.84%
EPS Next 2Y-52.59%
EPS Next 3Y30.91%
EPS Next 5YN/A
Revenue 1Y (TTM)-12.38%
Revenue growth 3Y8.54%
Revenue growth 5Y2.28%
Sales Q2Q%6.59%
Revenue Next Year-6.79%
Revenue Next 2Y1.26%
Revenue Next 3Y3.64%
Revenue Next 5Y2.23%
EBIT growth 1Y-102.8%
EBIT growth 3Y23.56%
EBIT growth 5YN/A
EBIT Next Year168.48%
EBIT Next 3Y65.2%
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 for MEC stock?

ChartMill assigns a valuation rating of 3 / 10 to MAYVILLE ENGINEERING CO INC (MEC). This can be considered as Overvalued.


How profitable is MAYVILLE ENGINEERING CO INC (MEC) stock?

MAYVILLE ENGINEERING CO INC (MEC) has a profitability rating of 3 / 10.


What is the expected EPS growth for MAYVILLE ENGINEERING CO INC (MEC) stock?

The Earnings per Share (EPS) of MAYVILLE ENGINEERING CO INC (MEC) is expected to decline by -212.84% in the next year.