MAYVILLE ENGINEERING CO INC (MEC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MEC - US5786051079 - Common Stock
17.81 USD
+0.69 (+4.03%)
17.81 USD
0 (0%)
Overall MEC gets a fundamental rating of 3 out of 10. We evaluated MEC against 130 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.
1. Profitability
1.1 Basic Checks
MEC had negative earnings in the past year.
In the past year MEC had a positive cash flow from operations.
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.
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 of 4.99%. This is comparable to the rest of the industry: MEC outperforms 42.31% of its industry peers.
| 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
MEC has a Profit Margin of 2.29%. This is in the lower half of the industry: MEC underperforms 61.54% of its industry peers.
In the last couple of years the Operating Margin of MEC has grown nicely.
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.
In the last couple of years the Gross Margin of MEC has grown nicely.
| 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.
MEC has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, MEC has more shares outstanding
The debt/assets ratio for MEC has been reduced compared to a year ago.
2.2 Solvency
MEC has an Altman-Z score of 1.79. This is a bad value and indicates that MEC is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of MEC (1.79) is worse than 69.23% 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 comparable to the rest of the industry: MEC outperforms 60.00% 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.
Looking at the Debt to Equity ratio, with a value of 0.87, MEC is doing worse than 74.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 4.05 | ||
| Altman-Z | 1.79 |
ROIC/WACCN/A
WACC10.13%
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 has a worse Current ratio (1.82) than 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.
With a Quick ratio value of 1.04, MEC is not doing good in the industry: 63.08% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.82 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
MEC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -147.29%.
The Earnings Per Share has been decreasing by -7.93% on average over the past years.
MEC shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -12.38%.
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 46.44% 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-207.31%
EPS Next 2Y-20%
EPS Next 3Y46.44%
EPS Next 5YN/A
Revenue Next Year-6.79%
Revenue Next 2Y1.13%
Revenue Next 3Y3.02%
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.
4. Valuation
4.1 Price/Earnings Ratio
MEC reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
MEC is valuated quite expensively with a Price/Forward Earnings ratio of 86.97.
69.23% of the companies in the same industry are cheaper than MEC, based on the Price/Forward Earnings ratio.
MEC is valuated expensively when we compare the Price/Forward Earnings ratio to 23.56, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 86.97 |
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 cheaper than 95.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.91 | ||
| EV/EBITDA | 14.35 |
4.3 Compensation for Growth
A more expensive valuation may be justified as MEC's earnings are expected to grow with 46.44% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-20%
EPS Next 3Y46.44%
5. Dividend
5.1 Amount
MEC does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
17.81
+0.69 (+4.03%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners66.92%
Inst Owner Change0.32%
Ins Owners3.94%
Ins Owner Change0.8%
Market Cap361.90M
Revenue(TTM)533.52M
Net Income(TTM)12.22M
Analysts84.44
Price Target21.93 (23.13%)
Short Float %6.66%
Short Ratio3.8
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)8.86%
PT rev (3m)17.27%
EPS NQ rev (1m)-69.6%
EPS NQ rev (3m)-2554.55%
EPS NY rev (1m)-126.67%
EPS NY rev (3m)-525%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.95%
Revenue NY rev (1m)0.93%
Revenue NY rev (3m)0.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 86.97 | ||
| P/S | 0.68 | ||
| P/FCF | 6.91 | ||
| P/OCF | 5.73 | ||
| P/B | 1.48 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.35 |
EPS(TTM)-0.28
EYN/A
EPS(NY)0.2
Fwd EY1.15%
FCF(TTM)2.58
FCFY14.47%
OCF(TTM)3.11
OCFY17.45%
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 | 1.79 |
F-Score5
WACC10.13%
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-207.31%
EPS Next 2Y-20%
EPS Next 3Y46.44%
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 2Y1.13%
Revenue Next 3Y3.02%
Revenue Next 5Y2.02%
EBIT growth 1Y-102.8%
EBIT growth 3Y23.56%
EBIT growth 5YN/A
EBIT Next Year163.38%
EBIT Next 3Y61.15%
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 2 / 10.