MAYVILLE ENGINEERING CO INC (MEC) Fundamental Analysis & Valuation

NYSE:MEC • US5786051079

Current stock price

20.5 USD
+0.64 (+3.22%)
At close:
20.5 USD
0 (0%)
After Hours:

This MEC fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

2

1. MEC Profitability Analysis

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 2025 0 20M -20M 40M 60M 80M

1.2 Ratios

  • With a Return On Assets value of -1.44%, MEC is not doing good in the industry: 70.23% of the companies in the same industry are doing better.
  • MEC's Return On Equity of -3.37% is on the low side compared to the rest of the industry. MEC is outperformed by 69.47% of its industry peers.
Industry RankSector Rank
ROA -1.44%
ROE -3.37%
ROIC N/A
ROA(3y)1.99%
ROA(5y)1.65%
ROE(3y)3.45%
ROE(5y)3.03%
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 2025 0 5 10 15

1.3 Margins

  • MEC has a worse Gross Margin (10.00%) than 87.79% of its industry peers.
  • MEC's Gross Margin has improved in the last couple of years.
  • The Profit Margin and Operating Margin are not available for MEC so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 10%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.81%
GM growth 5Y2.65%
MEC Yearly Profit, Operating, Gross MarginsMEC Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10

2

2. MEC Health Analysis

2.1 Basic Checks

  • MEC does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • Compared to 1 year ago, MEC has less shares outstanding
  • Compared to 5 years ago, MEC has more shares outstanding
  • MEC has a worse debt/assets ratio than last year.
MEC Yearly Shares OutstandingMEC Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 2025 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 2025 100M 200M 300M 400M 500M

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.
  • MEC has a worse Altman-Z score (1.95) than 66.41% of its industry peers.
  • The Debt to FCF ratio of MEC is 7.58, which is on the high side as it means it would take MEC, 7.58 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 7.58, MEC is in line with its industry, outperforming 46.56% of the companies in the same industry.
  • A Debt/Equity ratio of 0.84 indicates that MEC is somewhat dependend on debt financing.
  • MEC has a Debt to Equity ratio of 0.84. This is in the lower half of the industry: MEC underperforms 75.57% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.84
Debt/FCF 7.58
Altman-Z 1.95
ROIC/WACCN/A
WACC10.08%
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 2025 0 50M 100M 150M 200M 250M

2.3 Liquidity

  • MEC has a Current Ratio of 1.72. 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 Current ratio (1.72) than 64.89% of its industry peers.
  • MEC has a Quick Ratio of 1.72. This is a bad value and indicates that MEC is not financially healthy enough and could expect problems in meeting its short term obligations.
  • MEC's Quick ratio of 0.92 is on the low side compared to the rest of the industry. MEC is outperformed by 70.99% of its industry peers.
Industry RankSector Rank
Current Ratio 1.72
Quick Ratio 0.92
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 2025 50M 100M

3

3. MEC Growth Analysis

3.1 Past

  • The earnings per share for MEC have decreased strongly by -205.94% in the last year.
  • Looking at the last year, MEC shows a decrease in Revenue. The Revenue has decreased by -6.04% in the last year.
  • The Revenue has been growing by 8.85% on average over the past years. This is quite good.
EPS 1Y (TTM)-205.94%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-37.5%
Revenue 1Y (TTM)-6.04%
Revenue growth 3Y0.44%
Revenue growth 5Y8.85%
Sales Q2Q%10.69%

3.2 Future

  • MEC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 103.10% yearly.
  • Based on estimates for the next years, MEC will show a small growth in Revenue. The Revenue will grow by 4.57% on average per year.
EPS Next Y119.43%
EPS Next 2Y103.1%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year9.69%
Revenue Next 2Y9.17%
Revenue Next 3Y7.1%
Revenue Next 5Y4.57%

3.3 Evolution

  • The Revenue growth rate is decreasing: in the next years the growth will be less 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. MEC Valuation Analysis

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 311.30, MEC can be considered very expensive at the moment.
  • 69.47% 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 (23.68), we can say MEC is valued expensively.
Industry RankSector Rank
PE N/A
Fwd PE 311.3
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.
  • 87.02% of the companies in the same industry are more expensive than MEC, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 15.48
EV/EBITDA 15.82
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

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MEC does not grow enough to justify the current Price/Earnings ratio.
  • A more expensive valuation may be justified as MEC's earnings are expected to grow with 103.10% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y103.1%
EPS Next 3YN/A

0

5. MEC Dividend Analysis

5.1 Amount

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

MEC Fundamentals: All Metrics, Ratios and Statistics

MAYVILLE ENGINEERING CO INC

NYSE:MEC (4/9/2026, 8:04:00 PM)

After market: 20.5 0 (0%)

20.5

+0.64 (+3.22%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)03-03
Earnings (Next)05-04
Inst Owners69.91%
Inst Owner Change0%
Ins Owners3.89%
Ins Owner Change2.75%
Market Cap416.56M
Revenue(TTM)546.49M
Net Income(TTM)-8.11M
Analysts84.44
Price Target25.25 (23.17%)
Short Float %5.51%
Short Ratio4.81
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)-489.88%
Min EPS beat(2)-950.1%
Max EPS beat(2)-29.66%
EPS beat(4)0
Avg EPS beat(4)-318.22%
Min EPS beat(4)-950.1%
Max EPS beat(4)-29.66%
EPS beat(8)0
Avg EPS beat(8)-168.09%
EPS beat(12)0
Avg EPS beat(12)-125.45%
EPS beat(16)2
Avg EPS beat(16)-89.48%
Revenue beat(2)1
Avg Revenue beat(2)0.72%
Min Revenue beat(2)-0.5%
Max Revenue beat(2)1.94%
Revenue beat(4)1
Avg Revenue beat(4)-0.95%
Min Revenue beat(4)-5.05%
Max Revenue beat(4)1.94%
Revenue beat(8)3
Avg Revenue beat(8)-2.5%
Revenue beat(12)4
Avg Revenue beat(12)-2.51%
Revenue beat(16)7
Avg Revenue beat(16)-0.8%
PT rev (1m)8.79%
PT rev (3m)15.12%
EPS NQ rev (1m)-2460%
EPS NQ rev (3m)-1401.82%
EPS NY rev (1m)0%
EPS NY rev (3m)-67.64%
Revenue NQ rev (1m)-1.49%
Revenue NQ rev (3m)-1.49%
Revenue NY rev (1m)-0.55%
Revenue NY rev (3m)-0.02%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 311.3
P/S 0.76
P/FCF 15.48
P/OCF 10.8
P/B 1.73
P/tB N/A
EV/EBITDA 15.82
EPS(TTM)-0.34
EYN/A
EPS(NY)0.07
Fwd EY0.32%
FCF(TTM)1.32
FCFY6.46%
OCF(TTM)1.9
OCFY9.26%
SpS26.89
BVpS11.85
TBVpS-0.53
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -1.44%
ROE -3.37%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 10%
FCFM 4.92%
ROA(3y)1.99%
ROA(5y)1.65%
ROE(3y)3.45%
ROE(5y)3.03%
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)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.81%
GM growth 5Y2.65%
F-Score3
Asset Turnover0.97
Health
Industry RankSector Rank
Debt/Equity 0.84
Debt/FCF 7.58
Debt/EBITDA 5.31
Cap/Depr 28.21%
Cap/Sales 2.13%
Interest Coverage N/A
Cash Conversion 100.67%
Profit Quality N/A
Current Ratio 1.72
Quick Ratio 0.92
Altman-Z 1.95
F-Score3
WACC10.08%
ROIC/WACCN/A
Cap/Depr(3y)35.9%
Cap/Depr(5y)86.27%
Cap/Sales(3y)2.34%
Cap/Sales(5y)5.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-205.94%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-37.5%
EPS Next Y119.43%
EPS Next 2Y103.1%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-6.04%
Revenue growth 3Y0.44%
Revenue growth 5Y8.85%
Sales Q2Q%10.69%
Revenue Next Year9.69%
Revenue Next 2Y9.17%
Revenue Next 3Y7.1%
Revenue Next 5Y4.57%
EBIT growth 1Y-115.64%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year151383%
EBIT Next 3Y1019.63%
EBIT Next 5Y512.07%
FCF growth 1Y-65.37%
FCF growth 3YN/A
FCF growth 5Y-1.3%
OCF growth 1Y-57.06%
OCF growth 3Y-9.73%
OCF growth 5Y1.09%

MAYVILLE ENGINEERING CO INC / MEC Fundamental Analysis FAQ

What is the ChartMill fundamental rating of MAYVILLE ENGINEERING CO INC (MEC) stock?

ChartMill assigns a fundamental rating of 2 / 10 to MEC.


Can you provide the valuation status for MAYVILLE ENGINEERING CO INC?

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 2 / 10.