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MAYVILLE ENGINEERING CO INC (MEC) Stock Fundamental Analysis

USA - New York Stock Exchange - NYSE:MEC - US5786051079 - Common Stock

16.75 USD
-0.24 (-1.41%)
Last: 12/1/2025, 11:58:58 AM
Fundamental Rating

3

Taking everything into account, MEC scores 3 out of 10 in our fundamental rating. MEC was compared to 130 industry peers in the Machinery industry. MEC may be in some trouble as it scores bad on both profitability and health. MEC is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

3

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.
In the past 5 years MEC always reported a positive cash flow from operatings.
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.
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

MEC has a worse Profit Margin (2.29%) than 60.77% 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 90.00% of its industry peers.
MEC's Gross Margin has improved in the last couple of years.
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.
The number of shares outstanding for MEC has been increased compared to 1 year ago.
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

MEC has an Altman-Z score of 1.78. This is a bad value and indicates that MEC is not financially healthy and even has some risk of bankruptcy.
MEC has a worse Altman-Z score (1.78) than 70.00% 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.
The Debt to FCF ratio of MEC (4.05) is better than 60.77% 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 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 RankSector Rank
Debt/Equity 0.87
Debt/FCF 4.05
Altman-Z 1.78
ROIC/WACCN/A
WACC9.93%
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'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.
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 has a Quick ratio of 1.04. This is in the lower half of the industry: MEC underperforms 63.85% 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.
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

MEC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.67% yearly.
The Revenue is expected to grow by 2.02% on average over the next years.
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.
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 34.99, which means the current valuation is very expensive for 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 69.23% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.56, MEC is valued at the same level.
Industry RankSector Rank
PE N/A
Fwd PE 34.99
MEC Price Earnings VS Forward Price EarningsMEC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 -40

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 cheaply inside the industry as 96.15% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 6.5
EV/EBITDA 14.28
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

A more expensive valuation may be justified as MEC's earnings are expected to grow with 23.67% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y22.31%
EPS Next 3Y23.67%

0

5. Dividend

5.1 Amount

No dividends for MEC!.
Industry RankSector Rank
Dividend Yield N/A

MAYVILLE ENGINEERING CO INC

NYSE:MEC (12/1/2025, 11:58:58 AM)

16.75

-0.24 (-1.41%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)11-04 2025-11-04/amc
Earnings (Next)03-02 2026-03-02/amc
Inst Owners63.82%
Inst Owner Change0.32%
Ins Owners4.02%
Ins Owner Change0.8%
Market Cap340.36M
Revenue(TTM)533.52M
Net Income(TTM)12.22M
Analysts84.44
Price Target21.42 (27.88%)
Short Float %6.21%
Short Ratio4.14
Dividend
Industry RankSector 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)-33.17%
EPS NQ rev (3m)-2027.27%
EPS NY rev (1m)-50%
EPS NY rev (3m)-287.5%
Revenue NQ rev (1m)0.68%
Revenue NQ rev (3m)-0.95%
Revenue NY rev (1m)-0.15%
Revenue NY rev (3m)-0.6%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 34.99
P/S 0.64
P/FCF 6.5
P/OCF 5.39
P/B 1.39
P/tB N/A
EV/EBITDA 14.28
EPS(TTM)-0.28
EYN/A
EPS(NY)0.48
Fwd EY2.86%
FCF(TTM)2.58
FCFY15.39%
OCF(TTM)3.11
OCFY18.55%
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 1.78
F-Score5
WACC9.93%
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.