MEC Statistics
Total Valuation
MEC has a market cap or net worth of $382.41 million. The enterprise value is $554.46 million.
| Market Cap | 382.41M |
| Enterprise Value | 554.46M |
Important Dates
The next estimated earnings date is Tuesday, July 30, 2024, after market close.
| Earnings Date | Jul 30, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
MEC has 20.53 million shares outstanding. The number of shares has decreased by -0.24% in one year.
| Shares Outstanding | 20.53M |
| Shares Change (YoY) | -0.24% |
| Shares Change (QoQ) | -0.77% |
| Owned by Insiders (%) | 39.50% |
| Owned by Institutions (%) | 47.59% |
| Float | 12.02M |
Valuation Ratios
The trailing PE ratio is 44.36 and the forward PE ratio is 20.10.
| PE Ratio | 44.36 |
| Forward PE | 20.10 |
| PS Ratio | 0.63 |
| Forward PS | 0.59 |
| PB Ratio | 1.63 |
| P/FCF Ratio | 9.31 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 8.78, with an EV/FCF ratio of 13.50.
| EV / Earnings | 65.12 |
| EV / Sales | 0.91 |
| EV / EBITDA | 8.78 |
| EV / EBIT | 24.18 |
| EV / FCF | 13.50 |
Financial Position
The company has a current ratio of 1.84, with a Debt / Equity ratio of 0.74.
| Current Ratio | 1.84 |
| Quick Ratio | 0.89 |
| Debt / Equity | 0.74 |
| Debt / EBITDA | 2.73 |
| Debt / FCF | 4.20 |
| Interest Coverage | 1.79 |
Financial Efficiency
Return on equity (ROE) is 3.70% and return on invested capital (ROIC) is 4.78%.
| Return on Equity (ROE) | 3.70% |
| Return on Assets (ROA) | 1.70% |
| Return on Capital (ROIC) | 4.78% |
| Revenue Per Employee | $242,819 |
| Profits Per Employee | $3,406 |
| Employee Count | 2,500 |
| Asset Turnover | 1.19 |
| Inventory Turnover | 7.18 |
Taxes
In the past 12 months, MEC has paid $1.63 million in taxes.
| Income Tax | 1.63M |
| Effective Tax Rate | 16.08% |
Stock Price Statistics
The stock price has increased by +61.02% in the last 52 weeks. The beta is 0.94, so MEC's price volatility has been similar to the market average.
| Beta (5Y) | 0.94 |
| 52-Week Price Change | +61.02% |
| 50-Day Moving Average | 16.43 |
| 200-Day Moving Average | 13.81 |
| Relative Strength Index (RSI) | 69.01 |
| Average Volume (20 Days) | 136,855 |
Short Selling Information
The latest short interest is 222,581, so 1.08% of the outstanding shares have been sold short.
| Short Interest | 222,581 |
| Short Previous Month | 230,749 |
| Short % of Shares Out | 1.08% |
| Short % of Float | 1.85% |
| Short Ratio (days to cover) | 1.91 |
Income Statement
In the last 12 months, MEC had revenue of $607.05 million and earned $8.51 million in profits. Earnings per share was $0.42.
| Revenue | 607.05M |
| Gross Profit | 74.26M |
| Operating Income | 23.15M |
| Pretax Income | 10.15M |
| Net Income | 8.51M |
| EBITDA | 63.16M |
| EBIT | 22.94M |
| Earnings Per Share (EPS) | $0.42 |
Balance Sheet
The company has $314,000 in cash and $172.36 million in debt, giving a net cash position of -$172.05 million or -$8.38 per share.
| Cash & Cash Equivalents | 314,000 |
| Total Debt | 172.36M |
| Net Cash | -172.05M |
| Net Cash Per Share | -$8.38 |
| Equity (Book Value) | 234.04M |
| Book Value Per Share | 11.40 |
| Working Capital | 66.36M |
Cash Flow
In the last 12 months, operating cash flow was $57.03 million and capital expenditures -$15.95 million, giving a free cash flow of $41.08 million.
| Operating Cash Flow | 57.03M |
| Capital Expenditures | -15.95M |
| Free Cash Flow | 41.08M |
| FCF Per Share | $2.01 |
Margins
Gross margin is 12.23%, with operating and profit margins of 3.81% and 1.40%.
| Gross Margin | 12.23% |
| Operating Margin | 3.81% |
| Pretax Margin | 1.67% |
| Profit Margin | 1.40% |
| EBITDA Margin | 10.40% |
| EBIT Margin | 3.78% |
| FCF Margin | 6.77% |
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 | 0.24% |
| Shareholder Yield | 0.24% |
| Earnings Yield | 2.23% |
| FCF Yield | 10.74% |
Analyst Forecast
The average price target for MEC is $24.00, which is 28.82% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $24.00 |
| Price Target Difference | 28.82% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | 4.15% |
| EPS Growth Forecast (5Y) | n/a |
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 2.49 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.49 |
| Piotroski F-Score | 6 |