Mayville Engineering Company, Inc. (MEC)
Total Valuation
MEC has a market cap or net worth of $287.15 million. The enterprise value is $467.64 million.
Market Cap | 287.15M |
Enterprise Value | 467.64M |
Important Dates
The last earnings date was Tuesday, February 28, 2023, after market close.
Earnings Date | Feb 28, 2023 |
Ex-Dividend Date | n/a |
Share Statistics
MEC has 20.36 million shares outstanding. The number of shares has increased by 0.08% in one year.
Shares Outstanding | 20.36M |
Shares Change (YoY) | +0.08% |
Shares Change (QoQ) | +1.16% |
Owned by Insiders (%) | 4.24% |
Owned by Institutions (%) | 66.40% |
Float | 11.90M |
Valuation Ratios
The trailing PE ratio is 37.71 and the forward PE ratio is 17.22.
PE Ratio | 37.71 |
Forward PE | 17.22 |
PS Ratio | 0.49 |
Forward PS | 0.45 |
PB Ratio | 1.25 |
P/FCF Ratio | 11.57 |
PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 7.94, with an EV/FCF ratio of 18.84.
EV / Earnings | 59.62 |
EV / Sales | 0.79 |
EV / EBITDA | 7.94 |
EV / EBIT | 23.41 |
EV / FCF | 18.84 |
Financial Position
The company has a current ratio of 1.88, with a Debt / Equity ratio of 0.79.
Current Ratio | 1.88 |
Quick Ratio | 0.81 |
Debt / Equity | 0.79 |
Debt / EBITDA | 3.08 |
Debt / FCF | 7.30 |
Interest Coverage | 1.80 |
Financial Efficiency
Return on equity (ROE) is 3.50% and return on invested capital (ROIC) is 4.34%.
Return on Equity (ROE) | 3.50% |
Return on Assets (ROA) | 1.60% |
Return on Capital (ROIC) | 4.34% |
Revenue Per Employee | $235,370 |
Profits Per Employee | $3,138 |
Employee Count | 2,500 |
Asset Turnover | 1.18 |
Inventory Turnover | 6.79 |
Taxes
In the past 12 months, MEC has paid $1.04 million in taxes.
Income Tax | 1.04M |
Effective Tax Rate | 11.70% |
Stock Price Statistics
The stock price has increased by +4.75% in the last 52 weeks. The beta is 0.81, so MEC's price volatility has been lower than the market average.
Beta (1Y) | 0.81 |
52-Week Price Change | +4.75% |
50-Day Moving Average | 12.96 |
200-Day Moving Average | 12.43 |
Relative Strength Index (RSI) | 64.95 |
Average Volume (30 Days) | 43,111 |
Short Selling Information
The latest short interest is 303,099, so 1.49% of the outstanding shares have been sold short.
Short Interest | 303,099 |
Short Previous Month | 323,648 |
Short % of Shares Out | 1.49% |
Short % of Float | 2.55% |
Short Ratio (days to cover) | 6.67 |
Income Statement
In the last 12 months, MEC had revenue of $588.43 million and earned $7.84 million in profits. Earnings per share was $0.38.
Revenue | 588.43M |
Gross Profit | 69.70M |
Operating Income | 20.19M |
Pretax Income | 8.88M |
Net Income | 7.84M |
EBITDA | 58.90M |
EBIT | 19.98M |
Earnings Per Share (EPS) | $0.38 |
Balance Sheet
The company has $672,000 in cash and $181.16 million in debt, giving a net cash position of -$180.49 million or -$8.86 per share.
Cash & Cash Equivalents | 672,000 |
Total Debt | 181.16M |
Net Cash | -180.49M |
Net Cash Per Share | -$8.86 |
Equity / Book Value | 229.98M |
Book Value Per Share | 11.29 |
Working Capital | 62.91M |
Cash Flow
In the last 12 months, operating cash flow was $40.36 million and capital expenditures -$15.54 million, giving a free cash flow of $24.82 million.
Operating Cash Flow | 40.36M |
Capital Expenditures | -15.54M |
Free Cash Flow | 24.82M |
FCF Per Share | $1.22 |
Margins
Gross margin is 11.85%, with operating and profit margins of 3.43% and 1.33%.
Gross Margin | 11.85% |
Operating Margin | 3.43% |
Pretax Margin | 1.51% |
Profit Margin | 1.33% |
EBITDA Margin | 10.01% |
EBIT Margin | 3.39% |
FCF Margin | 4.22% |
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 | -0.08% |
Shareholder Yield | -0.08% |
Earnings Yield | 2.73% |
FCF Yield | 8.65% |
Analyst Forecast
The average price target for MEC is $18.25, which is 27.36% higher than the current price. The consensus rating is "Strong Buy".
Price Target | $18.25 |
Price Target Difference | 27.36% |
Analyst Consensus | Strong Buy |
Analyst Count | 4 |
Revenue Growth Forecast (5Y) | 4.29% |
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 2.21 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | 2.21 |
Piotroski F-Score | 6 |