Mayville Engineering Company, Inc. (MEC)
NYSE: MEC · Real-Time Price · USD
13.53
-0.52 (-3.70%)
Mar 28, 2025, 4:00 PM EDT - Market closed

MEC Statistics

Total Valuation

MEC has a market cap or net worth of $276.28 million. The enterprise value is $388.69 million.

Market Cap 276.28M
Enterprise Value 388.69M

Important Dates

The last earnings date was Tuesday, March 4, 2025, after market close.

Earnings Date Mar 4, 2025
Ex-Dividend Date n/a

Share Statistics

MEC has 20.42 million shares outstanding. The number of shares has increased by 1.32% in one year.

Current Share Class 20.42M
Shares Outstanding 20.42M
Shares Change (YoY) +1.32%
Shares Change (QoQ) -0.25%
Owned by Insiders (%) 5.00%
Owned by Institutions (%) 63.17%
Float 13.97M

Valuation Ratios

The trailing PE ratio is 10.91 and the forward PE ratio is 21.79.

PE Ratio 10.91
Forward PE 21.79
PS Ratio 0.48
Forward PS 0.48
PB Ratio 1.10
P/TBV Ratio 2.57
P/FCF Ratio 3.56
P/OCF Ratio 3.08
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.62, with an EV/FCF ratio of 5.00.

EV / Earnings 14.97
EV / Sales 0.67
EV / EBITDA 6.62
EV / EBIT 18.39
EV / FCF 5.00

Financial Position

The company has a current ratio of 1.75, with a Debt / Equity ratio of 0.45.

Current Ratio 1.75
Quick Ratio 0.85
Debt / Equity 0.45
Debt / EBITDA 1.79
Debt / FCF 1.45
Interest Coverage 1.92

Financial Efficiency

Return on equity (ROE) is 10.78% and return on invested capital (ROIC) is 3.39%.

Return on Equity (ROE) 10.78%
Return on Assets (ROA) 2.80%
Return on Invested Capital (ROIC) 3.39%
Return on Capital Employed (ROCE) 5.55%
Revenue Per Employee $264,365
Profits Per Employee $11,804
Employee Count 2,200
Asset Turnover 1.23
Inventory Turnover 8.23

Taxes

In the past 12 months, MEC has paid $7.60 million in taxes.

Income Tax 7.60M
Effective Tax Rate 22.63%

Stock Price Statistics

The stock price has decreased by -3.33% in the last 52 weeks. The beta is 0.91, so MEC's price volatility has been similar to the market average.

Beta (5Y) 0.91
52-Week Price Change -3.33%
50-Day Moving Average 15.04
200-Day Moving Average 17.36
Relative Strength Index (RSI) 35.98
Average Volume (20 Days) 139,626

Short Selling Information

The latest short interest is 246,380, so 1.21% of the outstanding shares have been sold short.

Short Interest 246,380
Short Previous Month 255,239
Short % of Shares Out 1.21%
Short % of Float 1.76%
Short Ratio (days to cover) 1.98

Income Statement

In the last 12 months, MEC had revenue of $581.60 million and earned $25.97 million in profits. Earnings per share was $1.24.

Revenue 581.60M
Gross Profit 77.36M
Operating Income 21.14M
Pretax Income 13.24M
Net Income 25.97M
EBITDA 58.73M
EBIT 21.14M
Earnings Per Share (EPS) $1.24
Full Income Statement

Balance Sheet

The company has $206,000 in cash and $112.62 million in debt, giving a net cash position of -$112.41 million or -$5.50 per share.

Cash & Cash Equivalents 206,000
Total Debt 112.62M
Net Cash -112.41M
Net Cash Per Share -$5.50
Equity (Book Value) 251.75M
Book Value Per Share 12.33
Working Capital 48.35M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $89.81 million and capital expenditures -$12.10 million, giving a free cash flow of $77.71 million.

Operating Cash Flow 89.81M
Capital Expenditures -12.10M
Free Cash Flow 77.71M
FCF Per Share $3.81
Full Cash Flow Statement

Margins

Gross margin is 13.30%, with operating and profit margins of 3.63% and 4.46%.

Gross Margin 13.30%
Operating Margin 3.63%
Pretax Margin 5.77%
Profit Margin 4.46%
EBITDA Margin 10.10%
EBIT Margin 3.63%
FCF Margin 13.36%

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 -1.32%
Shareholder Yield -1.32%
Earnings Yield 9.40%
FCF Yield 28.13%

Analyst Forecast

The average price target for MEC is $20.67, which is 52.77% higher than the current price. The consensus rating is "Strong Buy".

Price Target $20.67
Price Target Difference 52.77%
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 2.82 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.82
Piotroski F-Score 6