MAYVILLE ENGINEERING CO INC (MEC) Stock Fundamental Analysis

NYSE:MEC • US5786051079

21 USD
-0.44 (-2.05%)
At close: Feb 27, 2026
21 USD
0 (0%)
After Hours: 2/27/2026, 4:15:00 PM
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. Both the profitability and financial health of MEC have multiple concerns. 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

  • In the past year MEC has reported negative net income.
  • 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.
  • 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

  • MEC has a Return On Assets of 2.09%. This is comparable to the rest of the industry: MEC outperforms 43.85% of its industry peers.
  • 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

  • The Profit Margin of MEC (2.29%) is worse than 60.00% of 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 87.69% 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.
  • Compared to 5 years ago, MEC has more shares outstanding
  • 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

  • MEC has an Altman-Z score of 1.94. 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 Altman-Z score (1.94) which is in line with its industry peers.
  • The Debt to FCF ratio of MEC is 4.08, which is a neutral value as it means it would take MEC, 4.08 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 4.08, MEC is in line with its industry, outperforming 56.15% of the companies in the same industry.
  • 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 75.38% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.87
Debt/FCF 4.08
Altman-Z 1.94
ROIC/WACCN/A
WACC9.68%
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 worse Current ratio (1.82) than 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's Quick ratio of 1.04 is on the low side compared to the rest of the industry. MEC is outperformed by 65.38% 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

  • 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.
  • 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

  • Based on estimates for the next years, MEC will show a very strong growth in Earnings Per Share. The EPS will grow by 30.91% on average per year.
  • The Revenue is expected to grow by 2.23% on average over the next years.
EPS Next Y-212.84%
EPS Next 2Y-52.59%
EPS Next 3Y30.91%
EPS Next 5YN/A
Revenue Next Year-6.79%
Revenue Next 2Y1.26%
Revenue Next 3Y3.64%
Revenue Next 5Y2.23%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is stable: in the next years the growth will be about the same 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. 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 292.02, the valuation of MEC can be described as expensive.
  • 70.00% of the companies in the same industry are cheaper than MEC, based on the Price/Forward Earnings ratio.
  • The average S&P500 Price/Forward Earnings ratio is at 28.13. MEC is valued rather expensively when compared to this.
Industry RankSector Rank
PE N/A
Fwd PE 292.02
MEC Price Earnings VS Forward Price EarningsMEC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 100 200

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 96.15% of the companies in the same industry.
Industry RankSector Rank
P/FCF 8.15
EV/EBITDA 16.65
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 30.91% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-52.59%
EPS Next 3Y30.91%

0

5. Dividend

5.1 Amount

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

MAYVILLE ENGINEERING CO INC

NYSE:MEC (2/27/2026, 4:15:00 PM)

After market: 21 0 (0%)

21

-0.44 (-2.05%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)11-04
Earnings (Next)03-03
Inst Owners66.89%
Inst Owner Change5.08%
Ins Owners3.89%
Ins Owner Change-1.86%
Market Cap426.72M
Revenue(TTM)533.52M
Net Income(TTM)12.22M
Analysts82.22
Price Target23.21 (10.52%)
Short Float %6.38%
Short Ratio4.9
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)-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)3.41%
PT rev (3m)8.33%
EPS NQ rev (1m)-14.07%
EPS NQ rev (3m)-48.65%
EPS NY rev (1m)-5.15%
EPS NY rev (3m)-138.33%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.93%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 292.02
P/S 0.8
P/FCF 8.15
P/OCF 6.76
P/B 1.74
P/tB N/A
EV/EBITDA 16.65
EPS(TTM)-0.28
EYN/A
EPS(NY)0.07
Fwd EY0.34%
FCF(TTM)2.58
FCFY12.27%
OCF(TTM)3.11
OCFY14.8%
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 4.08
Debt/EBITDA 5.48
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 1.94
F-Score5
WACC9.68%
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-212.84%
EPS Next 2Y-52.59%
EPS Next 3Y30.91%
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 2Y1.26%
Revenue Next 3Y3.64%
Revenue Next 5Y2.23%
EBIT growth 1Y-102.8%
EBIT growth 3Y23.56%
EBIT growth 5YN/A
EBIT Next Year168.48%
EBIT Next 3Y65.2%
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 -212.84% in the next year.