MAYVILLE ENGINEERING CO INC (MEC) Fundamental Analysis & Valuation

NYSE:MEC • US5786051079

16.67 USD
-0.59 (-3.42%)
At close: Mar 13, 2026
16.67 USD
0 (0%)
After Hours: 3/13/2026, 8:04:00 PM

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

Fundamental Rating

2

Taking everything into account, MEC scores 2 out of 10 in our fundamental rating. MEC was compared to 131 industry peers in the Machinery industry. MEC may be in some trouble as it scores bad on both profitability and health. MEC does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

2

1. MEC Profitability Analysis

1.1 Basic Checks

  • MEC had negative earnings in the past year.
  • MEC had a positive operating cash flow in the past year.
  • 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.
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

  • The Return On Assets of MEC (-1.44%) is worse than 70.99% of its industry peers.
  • Looking at the Return On Equity, with a value of -3.37%, MEC is doing worse than 69.47% of the companies in the same industry.
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

  • Looking at the Gross Margin, with a value of 9.85%, MEC is doing worse than 87.02% of the companies in the same industry.
  • In the last couple of years the Gross Margin of MEC has grown nicely.
  • 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 9.85%
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.
  • MEC has less shares outstanding than it did 1 year ago.
  • The number of shares outstanding for MEC has been increased compared to 5 years ago.
  • The debt/assets ratio for MEC is higher compared to a year ago.
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

  • An Altman-Z score of 1.84 indicates that MEC is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • MEC has a Altman-Z score of 1.84. This is in the lower half of the industry: MEC underperforms 67.94% of its industry peers.
  • MEC has a debt to FCF ratio of 7.58. This is a slightly negative value and a sign of low solvency as MEC would need 7.58 years to pay back of all of its debts.
  • MEC has a Debt to FCF ratio (7.58) which is comparable to the rest of the industry.
  • MEC has a Debt/Equity ratio of 0.84. This is a neutral value indicating MEC is somewhat dependend on debt financing.
  • The Debt to Equity ratio of MEC (0.84) is worse than 75.57% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.84
Debt/FCF 7.58
Altman-Z 1.84
ROIC/WACCN/A
WACC9.4%
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

  • A Current Ratio of 1.72 indicates that MEC should not have too much problems paying its short term obligations.
  • The Current ratio of MEC (1.72) is worse than 64.12% 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 69.47% 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

  • MEC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -205.94%.
  • Looking at the last year, MEC shows a decrease in Revenue. The Revenue has decreased by -6.04% in the last year.
  • Measured over the past years, MEC shows a quite strong growth in Revenue. The Revenue has been growing by 8.85% on average per year.
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.
  • MEC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.57% yearly.
EPS Next Y119.43%
EPS Next 2Y103.1%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year10.3%
Revenue Next 2Y9.29%
Revenue Next 3Y5.05%
Revenue Next 5Y4.57%

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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.
  • The Price/Forward Earnings ratio is 253.14, which means the current valuation is very expensive for MEC.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of MEC indicates a slightly more expensive valuation: MEC is more expensive than 69.47% of the companies listed in the same industry.
  • MEC is valuated expensively when we compare the Price/Forward Earnings ratio to 23.84, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE N/A
Fwd PE 253.14
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

  • Based on the Enterprise Value to EBITDA ratio, MEC is valued a bit cheaper than the industry average as 60.31% of the companies are valued more expensively.
  • Based on the Price/Free Cash Flow ratio, MEC is valued cheaply inside the industry as 89.31% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 12.59
EV/EBITDA 14.77
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 an expensive valuation of the company.
  • MEC's earnings are expected to grow with 103.10% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y103.1%
EPS Next 3YN/A

0

5. MEC Dividend Analysis

5.1 Amount

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

MEC Fundamentals: All Metrics, Ratios and Statistics

MAYVILLE ENGINEERING CO INC

NYSE:MEC (3/13/2026, 8:04:00 PM)

After market: 16.67 0 (0%)

16.67

-0.59 (-3.42%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)03-03
Earnings (Next)05-04
Inst Owners69.91%
Inst Owner Change5.08%
Ins Owners3.89%
Ins Owner Change-2.37%
Market Cap338.73M
Revenue(TTM)546.49M
Net Income(TTM)-8.11M
Analysts82.22
Price Target23.21 (39.23%)
Short Float %5.98%
Short Ratio4.77
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)0%
PT rev (3m)5.81%
EPS NQ rev (1m)-9.09%
EPS NQ rev (3m)-24.44%
EPS NY rev (1m)-4.9%
EPS NY rev (3m)-10.29%
Revenue NQ rev (1m)0.82%
Revenue NQ rev (3m)0.82%
Revenue NY rev (1m)0.2%
Revenue NY rev (3m)0.2%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 253.14
P/S 0.62
P/FCF 12.59
P/OCF 8.78
P/B 1.41
P/tB N/A
EV/EBITDA 14.77
EPS(TTM)-0.34
EYN/A
EPS(NY)0.07
Fwd EY0.4%
FCF(TTM)1.32
FCFY7.95%
OCF(TTM)1.9
OCFY11.38%
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 9.85%
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 5.43
Cap/Depr 28.21%
Cap/Sales 2.13%
Interest Coverage N/A
Cash Conversion 102.99%
Profit Quality N/A
Current Ratio 1.72
Quick Ratio 0.92
Altman-Z 1.84
F-Score3
WACC9.4%
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 Year10.3%
Revenue Next 2Y9.29%
Revenue Next 3Y5.05%
Revenue Next 5Y4.57%
EBIT growth 1Y-120.18%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year15589.9%
EBIT Next 3Y425.79%
EBIT Next 5Y247.22%
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 FAQ

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

ChartMill assigns a fundamental rating of 2 / 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 2 / 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 grow by 119.43% in the next year.