MAYVILLE ENGINEERING CO INC (MEC) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:MEC • US5786051079

21.21 USD
-0.44 (-2.03%)
At close: Feb 9, 2026
21.21 USD
0 (0%)
After Hours: 2/9/2026, 8:14:45 PM
Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to MEC. MEC was compared to 131 industry peers in the Machinery industry. Both the profitability and financial health of MEC have multiple concerns. 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.
  • MEC had a positive operating cash flow in the past year.
  • In multiple years MEC reported negative net income over the last 5 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

  • MEC has a Return On Assets (2.09%) which is comparable to the rest of the industry.
  • MEC has a Return On Equity (4.99%) which is in line with its industry peers.
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

  • MEC has a Profit Margin of 2.29%. This is in the lower half of the industry: MEC underperforms 60.31% of its industry peers.
  • MEC's Operating Margin has improved in the last couple of years.
  • MEC's Gross Margin of 10.44% is on the low side compared to the rest of the industry. MEC is outperformed by 87.79% 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.
  • MEC has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, MEC has more shares outstanding
  • Compared to 1 year ago, MEC has an improved debt to assets ratio.
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 1.93 indicates that MEC is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • MEC has a worse Altman-Z score (1.93) than 63.36% of its industry peers.
  • MEC has a debt to FCF ratio of 4.05. This is a neutral value as MEC would need 4.05 years to pay back of all of its debts.
  • With a Debt to FCF ratio value of 4.05, MEC perfoms like the industry average, outperforming 58.78% of the companies in the same industry.
  • A Debt/Equity ratio of 0.87 indicates that MEC is somewhat dependend on debt financing.
  • MEC has a worse Debt to Equity ratio (0.87) than 74.05% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.87
Debt/FCF 4.05
Altman-Z 1.93
ROIC/WACCN/A
WACC10.06%
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.
  • With a Current ratio value of 1.82, MEC is not doing good in the industry: 60.31% of the companies in the same industry are doing better.
  • A Quick Ratio of 1.04 indicates that MEC should not have too much problems paying its short term obligations.
  • The Quick ratio of MEC (1.04) is worse than 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

  • The earnings per share for MEC have decreased strongly by -147.29% in the last year.
  • 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.
  • Measured over the past years, MEC shows a small growth in Revenue. The Revenue has been growing by 2.28% on average per year.
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

  • The Earnings Per Share is expected to grow by 30.91% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 2.02% on average over the next years.
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 5Y2.02%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • 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.
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.
  • A Price/Forward Earnings ratio of 294.94 indicates a quite expensive valuation of MEC.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of MEC indicates a slightly more expensive valuation: MEC is more expensive than 70.23% of the companies listed 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 27.86.
Industry RankSector Rank
PE N/A
Fwd PE 294.94
MEC Price Earnings VS Forward Price EarningsMEC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 100 200

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 95.42% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 8.23
EV/EBITDA 16.48
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 (2/9/2026, 8:14:45 PM)

After market: 21.21 0 (0%)

21.21

-0.44 (-2.03%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)11-04
Earnings (Next)03-03
Inst Owners66.89%
Inst Owner Change-4.78%
Ins Owners3.89%
Ins Owner Change-1.86%
Market Cap430.99M
Revenue(TTM)533.52M
Net Income(TTM)12.22M
Analysts84.44
Price Target23.21 (9.43%)
Short Float %7.24%
Short Ratio5.31
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 294.94
P/S 0.81
P/FCF 8.23
P/OCF 6.83
P/B 1.76
P/tB N/A
EV/EBITDA 16.48
EPS(TTM)-0.28
EYN/A
EPS(NY)0.07
Fwd EY0.34%
FCF(TTM)2.58
FCFY12.15%
OCF(TTM)3.11
OCFY14.65%
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 4.05
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 1.93
F-Score5
WACC10.06%
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 5Y2.02%
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.