Mayville Engineering Company, Inc. (MEC)
NYSE: MEC · Real-Time Price · USD
14.75
+0.39 (2.72%)
At close: May 9, 2025, 4:00 PM
14.75
0.00 (0.00%)
After-hours: May 9, 2025, 7:00 PM EDT

MEC Statistics

Total Valuation

MEC has a market cap or net worth of $301.80 million. The enterprise value is $411.33 million.

Market Cap 301.80M
Enterprise Value 411.33M

Important Dates

The last earnings date was Tuesday, May 6, 2025, after market close.

Earnings Date May 6, 2025
Ex-Dividend Date n/a

Share Statistics

MEC has 20.46 million shares outstanding. The number of shares has increased by 1.44% in one year.

Current Share Class 20.46M
Shares Outstanding 20.46M
Shares Change (YoY) +1.44%
Shares Change (QoQ) -1.51%
Owned by Insiders (%) 4.73%
Owned by Institutions (%) 62.04%
Float 14.01M

Valuation Ratios

The trailing PE ratio is 13.63 and the forward PE ratio is 31.73.

PE Ratio 13.63
Forward PE 31.73
PS Ratio 0.55
Forward PS 0.52
PB Ratio 1.20
P/TBV Ratio 2.81
P/FCF Ratio 4.01
P/OCF Ratio 3.45
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.85, with an EV/FCF ratio of 5.47.

EV / Earnings 18.08
EV / Sales 0.74
EV / EBITDA 7.85
EV / EBIT 28.16
EV / FCF 5.47

Financial Position

The company has a current ratio of 1.67, with a Debt / Equity ratio of 0.44.

Current Ratio 1.67
Quick Ratio 0.86
Debt / Equity 0.44
Debt / EBITDA 1.94
Debt / FCF 1.46
Interest Coverage 1.59

Financial Efficiency

Return on equity (ROE) is 9.40% and return on invested capital (ROIC) is 2.37%.

Return on Equity (ROE) 9.40%
Return on Assets (ROA) 1.93%
Return on Invested Capital (ROIC) 2.37%
Return on Capital Employed (ROCE) 3.90%
Revenue Per Employee $252,688
Profits Per Employee $10,340
Employee Count 2,200
Asset Turnover 1.17
Inventory Turnover 7.94

Taxes

In the past 12 months, MEC has paid $6.55 million in taxes.

Income Tax 6.55M
Effective Tax Rate 22.36%

Stock Price Statistics

The stock price has decreased by -1.67% in the last 52 weeks. The beta is 1.14, so MEC's price volatility has been higher than the market average.

Beta (5Y) 1.14
52-Week Price Change -1.67%
50-Day Moving Average 13.40
200-Day Moving Average 16.75
Relative Strength Index (RSI) 68.12
Average Volume (20 Days) 110,802

Short Selling Information

The latest short interest is 218,819, so 1.07% of the outstanding shares have been sold short.

Short Interest 218,819
Short Previous Month 246,380
Short % of Shares Out 1.07%
Short % of Float 1.56%
Short Ratio (days to cover) 2.39

Income Statement

In the last 12 months, MEC had revenue of $555.91 million and earned $22.75 million in profits. Earnings per share was $1.08.

Revenue 555.91M
Gross Profit 71.80M
Operating Income 14.61M
Pretax Income 13.24M
Net Income 22.75M
EBITDA 52.43M
EBIT 14.61M
Earnings Per Share (EPS) $1.08
Full Income Statement

Balance Sheet

The company has $183,000 in cash and $109.71 million in debt, giving a net cash position of -$109.53 million or -$5.35 per share.

Cash & Cash Equivalents 183,000
Total Debt 109.71M
Net Cash -109.53M
Net Cash Per Share -$5.35
Equity (Book Value) 249.96M
Book Value Per Share 12.24
Working Capital 49.07M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $87.52 million and capital expenditures -$12.29 million, giving a free cash flow of $75.23 million.

Operating Cash Flow 87.52M
Capital Expenditures -12.29M
Free Cash Flow 75.23M
FCF Per Share $3.68
Full Cash Flow Statement

Margins

Gross margin is 12.92%, with operating and profit margins of 2.63% and 4.09%.

Gross Margin 12.92%
Operating Margin 2.63%
Pretax Margin 5.27%
Profit Margin 4.09%
EBITDA Margin 9.43%
EBIT Margin 2.63%
FCF Margin 13.53%

Dividends & Yields

MEC does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -1.44%
Shareholder Yield -1.44%
Earnings Yield 7.54%
FCF Yield 24.93%

Analyst Forecast

The average price target for MEC is $20.00, which is 35.59% higher than the current price. The consensus rating is "Strong Buy".

Price Target $20.00
Price Target Difference 35.59%
Analyst Consensus Strong Buy
Analyst Count 3
Revenue Growth Forecast (5Y) 1.18%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

MEC has an Altman Z-Score of 2.72 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.72
Piotroski F-Score 5