MAYVILLE ENGINEERING CO INC (MEC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MEC - US5786051079 - Common Stock
18.72 USD
-0.63 (-3.26%)
18.72 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to MEC. MEC was compared to 132 industry peers in the Machinery industry. MEC has a bad profitability rating. Also its financial health evaluation is rather negative. While showing a medium growth rate, MEC is valued expensive at the moment.
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.
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
MEC's Return On Assets of 2.09% is in line compared to the rest of the industry. MEC outperforms 43.94% of its industry peers.
The Return On Equity of MEC (4.99%) 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
MEC has a Profit Margin (2.29%) which is in line with its industry peers.
MEC's Operating Margin has improved in the last couple of years.
MEC has a Gross Margin of 10.44%. This is amonst the worse of the industry: MEC underperforms 87.88% of its industry peers.
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.
Compared to 5 years ago, MEC has more shares outstanding
MEC has a better debt/assets ratio than last year.
2.2 Solvency
MEC has an Altman-Z score of 1.84. 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.
The Altman-Z score of MEC (1.84) is worse than 69.70% 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 comparable to the rest of the industry.
A Debt/Equity ratio of 0.87 indicates that 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 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 4.05 | ||
| Altman-Z | 1.84 |
ROIC/WACCN/A
WACC9.98%
2.3 Liquidity
A Current Ratio of 1.82 indicates that MEC should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.82, MEC is doing worse than 60.61% of the companies in the same industry.
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 62.88% 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
Measured over the past years, MEC shows a small growth in Revenue. The Revenue has been growing by 2.28% on average per year.
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 46.41% on average per year.
The Revenue is expected to grow by 2.02% on average over the next years.
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
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 91.98, the valuation of MEC can be described as expensive.
Based on the Price/Forward Earnings ratio, MEC is valued a bit more expensive than the industry average as 69.70% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 23.13. MEC is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 91.98 |
4.2 Price Multiples
MEC's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MEC indicates a rather cheap valuation: MEC is cheaper than 96.21% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.26 | ||
| EV/EBITDA | 15.18 |
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%
5. Dividend
5.1 Amount
MEC does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
18.72
-0.63 (-3.26%)
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 Change0.07%
Market Cap380.39M
Revenue(TTM)533.52M
Net Income(TTM)12.22M
Analysts84.44
Price Target21.93 (17.15%)
Short Float %8.59%
Short Ratio4.54
Dividend
| Industry Rank | Sector 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)-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)2.38%
PT rev (3m)17.27%
EPS NQ rev (1m)-27.36%
EPS NQ rev (3m)-126.89%
EPS NY rev (1m)-126.67%
EPS NY rev (3m)-277.78%
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 | 91.98 | ||
| P/S | 0.71 | ||
| P/FCF | 7.26 | ||
| P/OCF | 6.02 | ||
| P/B | 1.55 | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.18 |
EPS(TTM)-0.28
EYN/A
EPS(NY)0.2
Fwd EY1.09%
FCF(TTM)2.58
FCFY13.77%
OCF(TTM)3.11
OCFY16.6%
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 | 1.84 |
F-Score5
WACC9.98%
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-20.25%
EPS Next 3Y46.41%
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 2Y1.22%
Revenue Next 3Y3.1%
Revenue Next 5Y2.02%
EBIT growth 1Y-102.8%
EBIT growth 3Y23.56%
EBIT growth 5YN/A
EBIT Next Year163.38%
EBIT Next 3Y61.14%
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 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.