MAYVILLE ENGINEERING CO INC (MEC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MEC - US5786051079 - Common Stock
16.8 USD
+0.74 (+4.61%)
16.8 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to MEC. MEC was compared to 130 industry peers in the Machinery industry. MEC has a bad profitability rating. Also its financial health evaluation is rather negative. MEC is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
MEC had negative earnings in the past year.
MEC had a positive operating cash flow in the past year.
In multiple years MEC reported negative net income over the last 5 years.
MEC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of MEC (2.09%) is comparable to the rest of the industry.
MEC has a Return On Equity (4.99%) which is comparable to the rest of the industry.
| Industry Rank | Sector 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
1.3 Margins
The Profit Margin of MEC (2.29%) is worse than 60.77% of its industry peers.
MEC's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 10.44%, MEC is not doing good in the industry: 90.00% of the companies in the same industry are doing better.
MEC's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
MEC does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for MEC has been increased compared to 1 year ago.
MEC has more shares outstanding than it did 5 years ago.
The debt/assets ratio for MEC has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.77, we must say that MEC is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of MEC (1.77) is worse than 72.31% 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.
MEC has a Debt to FCF ratio of 4.05. This is in the better half of the industry: MEC outperforms 60.77% of its industry peers.
A Debt/Equity ratio of 0.87 indicates that MEC is somewhat dependend on debt financing.
MEC has a Debt to Equity ratio of 0.87. This is in the lower half of the industry: MEC underperforms 74.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 4.05 | ||
| Altman-Z | 1.77 |
ROIC/WACCN/A
WACC9.96%
2.3 Liquidity
MEC has a Current Ratio of 1.82. 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 Current ratio of 1.82 is on the low side compared to the rest of the industry. MEC is outperformed by 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.
MEC's Quick ratio of 1.04 is on the low side compared to the rest of the industry. MEC is outperformed by 63.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.82 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
The earnings per share for MEC have decreased strongly by -147.29% in the last year.
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 23.67% on average per year.
MEC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.02% yearly.
EPS Next Y-147.34%
EPS Next 2Y22.31%
EPS Next 3Y23.67%
EPS Next 5YN/A
Revenue Next Year-7.66%
Revenue Next 2Y3.03%
Revenue Next 3Y3.04%
Revenue Next 5Y2.02%
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.
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.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for MEC. In the last year negative earnings were reported.
Based on the Price/Forward Earnings ratio of 35.09, the valuation of MEC can be described as expensive.
Based on the Price/Forward Earnings ratio, MEC is valued a bit more expensive than 69.23% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.79, MEC is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 35.09 |
4.2 Price Multiples
MEC's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, MEC is valued cheaper than 96.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.52 | ||
| EV/EBITDA | 14.18 |
4.3 Compensation for Growth
MEC's earnings are expected to grow with 23.67% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y22.31%
EPS Next 3Y23.67%
5. Dividend
5.1 Amount
MEC does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
16.8
+0.74 (+4.61%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners63.82%
Inst Owner Change0.32%
Ins Owners4.02%
Ins Owner Change1.89%
Market Cap341.38M
Revenue(TTM)533.52M
Net Income(TTM)12.22M
Analysts84.44
Price Target21.42 (27.5%)
Short Float %6.21%
Short Ratio4.14
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)14.55%
PT rev (3m)14.55%
EPS NQ rev (1m)-60.62%
EPS NQ rev (3m)-1983.64%
EPS NY rev (1m)-50%
EPS NY rev (3m)-287.5%
Revenue NQ rev (1m)0.46%
Revenue NQ rev (3m)-0.95%
Revenue NY rev (1m)-0.15%
Revenue NY rev (3m)-0.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 35.09 | ||
| P/S | 0.64 | ||
| P/FCF | 6.52 | ||
| P/OCF | 5.41 | ||
| P/B | 1.39 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.18 |
EPS(TTM)-0.28
EYN/A
EPS(NY)0.48
Fwd EY2.85%
FCF(TTM)2.58
FCFY15.34%
OCF(TTM)3.11
OCFY18.5%
SpS26.26
BVpS12.05
TBVpS-0.49
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 1.77 |
F-Score5
WACC9.96%
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-147.34%
EPS Next 2Y22.31%
EPS Next 3Y23.67%
EPS Next 5YN/A
Revenue 1Y (TTM)-12.38%
Revenue growth 3Y8.54%
Revenue growth 5Y2.28%
Sales Q2Q%6.59%
Revenue Next Year-7.66%
Revenue Next 2Y3.03%
Revenue Next 3Y3.04%
Revenue Next 5Y2.02%
EBIT growth 1Y-102.8%
EBIT growth 3Y23.56%
EBIT growth 5YN/A
EBIT Next Year168.32%
EBIT Next 3Y57.98%
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 of MAYVILLE ENGINEERING CO INC (MEC) stock?
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 3 / 10.
How financially healthy is MAYVILLE ENGINEERING CO INC?
The financial health rating of MAYVILLE ENGINEERING CO INC (MEC) is 3 / 10.