Mayville Engineering Company, Inc. (MEC)

NYSE: MEC · IEX Real-Time Price · USD
6.83
-0.04 (-0.58%)
Oct 5, 2022 4:00 PM EDT - Market closed

Total Valuation

MEC has a market cap or net worth of $140.24 million. The enterprise value is $254.53 million.

Market Cap 140.24M
Enterprise Value 254.53M

Important Dates

The next earnings date is Monday, October 31, 2022, after market close.

Estimated Earnings Date Oct 31, 2022
Ex-Dividend Date n/a

Share Statistics

MEC has 20.53 million shares outstanding. The number of shares has decreased by -1.03% in one year.

Shares Outstanding 20.53M
Shares Change (YoY) -1.03%
Shares Change (QoQ) +0.90%
Owned by Insiders (%) 4.67%
Owned by Institutions (%) 71.35%
Float 9.75M

Valuation Ratios

PE Ratio n/a
Forward PE 22.08
PS Ratio 0.28
Forward PS 0.25
PB Ratio 0.67
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.51
EV / EBITDA 8.23
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 1.41, with a Debt / Equity ratio of 0.54.

Current Ratio 1.41
Quick Ratio 0.65
Debt / Equity 0.54
Debt / EBITDA 3.70
Debt / FCF n/a

Financial Efficiency

Return on equity (ROE) is -1.70% and return on invested capital (ROIC) is -0.80%.

Return on Equity (ROE) -1.70%
Return on Assets (ROA) -0.90%
Return on Capital (ROIC) -0.80%
Revenue Per Employee $225,719
Profits Per Employee -$1,608
Employee Count 2,200
Asset Turnover 1.21
Inventory Turnover 6.69

Taxes

Income Tax -966,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -63.82% in the last 52 weeks. The beta is 0.52, so MEC's price volatility has been lower than the market average.

Beta (1Y) 0.52
52-Week Price Change -63.82%
50-Day Moving Average 7.10
200-Day Moving Average 7.95
Average Volume (30 Days) 58,721

Short Selling Information

The latest short interest is 80,066, so 0.39% of the outstanding shares have been sold short.

Short Interest 80,066
Short % of Shares Out 0.39%
Short % of Float 0.82%
Short Ratio (days to cover) 0.97

Income Statement

In the last 12 months, MEC had revenue of $496.58 million and -3.54 million in losses. Earnings per share was -$0.30.

Revenue 496.58M
Gross Profit 53.46M
Operating Income -2.20M
Pretax Income -4.50M
Net Income -3.54M
EBITDA 30.92M
EBIT -2.20M
Earnings Per Share (EPS) -$0.30
Full Income Statement

Balance Sheet

The company has $105,000 in cash and $114.40 million in debt, giving a net cash position of -$114.29 million or -$5.57 per share.

Cash & Cash Equivalents 105,000
Total Debt 114.40M
Net Cash -114.29M
Net Cash Per Share -$5.57
Book Value 210.47M
Book Value Per Share 10.25
Working Capital 44.82M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $11.91 million and capital expenditures -$38.51 million, giving a free cash flow of -$26.60 million.

Operating Cash Flow 11.91M
Capital Expenditures -38.51M
Free Cash Flow -26.60M
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 10.77%, with operating and profit margins of -0.44% and -0.71%.

Gross Margin 10.77%
Operating Margin -0.44%
Pretax Margin -0.91%
Profit Margin -0.71%
EBITDA Margin 6.23%
EBIT Margin -0.44%
FCF Margin -5.36%

Dividends & Yields

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

Dividend Per Share n/a
Dividend Yield n/a
Earnings Yield -2.52%
FCF Yield -18.97%
Dividend Growth (YoY) n/a
Payout Ratio n/a
Buyback Yield 1.03%
Shareholder Yield 1.03%
Dividend Details

Analyst Forecast

The average price target for MEC is $12.24, which is 79.21% higher than the current price. The consensus rating is "Buy".

Price Target $12.24
Price Target Difference 79.21%
Analyst Consensus Buy
Analyst Count 8
Stock Forecasts

Stock Splits

The last stock split was on March 26, 2004. It was a reverse split with a ratio of 1:2.

Last Split Date Mar 26, 2004
Split Type Reverse
Split Ratio 1:2