MAYVILLE ENGINEERING CO INC (MEC) Stock Fundamental Analysis

NYSE:MEC • US5786051079

22.12 USD
+0.54 (+2.5%)
At close: Feb 20, 2026
22.12 USD
0 (0%)
After Hours: 2/20/2026, 8:04:00 PM
Fundamental Rating

3

Overall MEC gets a fundamental rating of 3 out of 10. We evaluated MEC against 131 industry peers in the Machinery industry. MEC may be in some trouble as it scores bad on both profitability and health. MEC is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • In the past year MEC has reported negative net income.
  • 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.
  • MEC had a positive operating cash flow in each of the past 5 years.
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

  • MEC has a Return On Assets of 2.09%. This is comparable to the rest of the industry: MEC outperforms 44.27% of its industry peers.
  • The Return On Equity of MEC (4.99%) is comparable to the rest of the 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 in line with its industry, outperforming 40.46% of the companies in the same industry.
  • In the last couple of years the Operating Margin of MEC has grown nicely.
  • With a Gross Margin value of 10.44%, MEC is not doing good in the industry: 87.02% of the companies in the same industry are doing better.
  • 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.
  • MEC has more shares outstanding than it did 1 year ago.
  • MEC has more shares outstanding than it did 5 years ago.
  • MEC has a better debt/assets ratio than last year.
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

  • MEC has an Altman-Z score of 1.95. This is not the best score and indicates that MEC is in the grey zone with still only limited risk for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 1.95, MEC is in line with its industry, outperforming 40.46% of the companies in the same industry.
  • MEC has a debt to FCF ratio of 4.08. This is a neutral value as MEC would need 4.08 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 4.08, MEC is in line with its industry, outperforming 58.02% 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.
  • 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 74.81% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.87
Debt/FCF 4.08
Altman-Z 1.95
ROIC/WACCN/A
WACC9.64%
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.
  • Looking at the Current ratio, with a value of 1.82, MEC is doing worse than 60.31% of the companies in the same industry.
  • 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.
  • MEC's Quick ratio of 1.04 is on the low side compared to the rest of the industry. MEC is outperformed by 64.89% of its industry peers.
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%.
  • Measured over the past years, MEC shows a decrease in Earnings Per Share. The EPS has been decreasing by -7.93% on average per year.
  • Looking at the last year, MEC shows a very negative growth in Revenue. The Revenue has decreased by -12.38% in the last year.
  • 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

  • MEC reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • With a Price/Forward Earnings ratio of 307.60, MEC can be considered very expensive at the moment.
  • Based on the Price/Forward Earnings ratio, MEC is valued a bit more expensive than the industry average as 69.47% of the companies are valued more cheaply.
  • When comparing the Price/Forward Earnings ratio of MEC to the average of the S&P500 Index (28.06), we can say MEC is valued expensively.
Industry RankSector Rank
PE N/A
Fwd PE 307.6
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.
  • MEC's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MEC is cheaper than 96.18% of the companies in the same industry.
Industry RankSector Rank
P/FCF 8.58
EV/EBITDA 16.72
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

  • MEC does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

MAYVILLE ENGINEERING CO INC

NYSE:MEC (2/20/2026, 8:04:00 PM)

After market: 22.12 0 (0%)

22.12

+0.54 (+2.5%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)11-04
Earnings (Next)03-03
Inst Owners66.89%
Inst Owner Change-6.87%
Ins Owners3.89%
Ins Owner Change-1.86%
Market Cap449.48M
Revenue(TTM)533.52M
Net Income(TTM)12.22M
Analysts82.22
Price Target23.21 (4.93%)
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)5.81%
PT rev (3m)15.19%
EPS NQ rev (1m)-14.07%
EPS NQ rev (3m)-93.47%
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 307.6
P/S 0.84
P/FCF 8.58
P/OCF 7.12
P/B 1.84
P/tB N/A
EV/EBITDA 16.72
EPS(TTM)-0.28
EYN/A
EPS(NY)0.07
Fwd EY0.33%
FCF(TTM)2.58
FCFY11.65%
OCF(TTM)3.11
OCFY14.05%
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
WACC9.64%
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.