MAYVILLE ENGINEERING CO INC (MEC) Stock Fundamental Analysis

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

19.6 USD
-0.05 (-0.25%)
At close: Jan 30, 2026
19.6 USD
0 (0%)
After Hours: 1/30/2026, 8:04:14 PM
Fundamental Rating

3

Overall MEC gets a fundamental rating of 3 out of 10. We evaluated MEC against 132 industry peers in the Machinery industry. Both the profitability and financial health of MEC have multiple concerns. 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

  • MEC had negative earnings in the past year.
  • 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.
  • 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 43.18% of the companies in the same 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

  • With a Profit Margin value of 2.29%, MEC is not doing good in the industry: 60.61% of the companies in the same industry are doing better.
  • In the last couple of years the Operating Margin of MEC has grown nicely.
  • MEC has a worse Gross Margin (10.44%) than 87.88% 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

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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.
  • 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

  • An Altman-Z score of 1.87 indicates that MEC is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • The Altman-Z score of MEC (1.87) is worse than 68.94% 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 (4.05) which is in line with 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.
  • The Debt to Equity ratio of MEC (0.87) is worse than 74.24% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.87
Debt/FCF 4.05
Altman-Z 1.87
ROIC/WACCN/A
WACC10.14%
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 Current ratio of 1.82. This is comparable to the rest of the industry: MEC outperforms 40.15% 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 worse Quick ratio (1.04) than 63.64% 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

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4

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
  • MEC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.28% yearly.
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 46.41% on average over the next years. This is a very strong growth
  • 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-207.31%
EPS Next 2Y-20.25%
EPS Next 3Y46.41%
EPS Next 5YN/A
Revenue Next Year-6.79%
Revenue Next 2Y1.22%
Revenue Next 3Y3.1%
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 0.5 1

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3

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for MEC. In the last year negative earnings were reported.
  • With a Price/Forward Earnings ratio of 96.31, MEC can be considered very expensive at the moment.
  • 70.45% of the companies in the same industry are cheaper than MEC, based on the Price/Forward Earnings ratio.
  • When comparing the Price/Forward Earnings ratio of MEC to the average of the S&P500 Index (25.57), we can say MEC is valued expensively.
Industry RankSector Rank
PE N/A
Fwd PE 96.31
MEC Price Earnings VS Forward Price EarningsMEC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 50 -50

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MEC is on the same level as its industry peers.
  • Based on the Price/Free Cash Flow ratio, MEC is valued cheaper than 95.45% of the companies in the same industry.
Industry RankSector Rank
P/FCF 7.61
EV/EBITDA 15.64
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 46.41% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-20.25%
EPS Next 3Y46.41%

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0

5. Dividend

5.1 Amount

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

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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 -207.31% in the next year.