Methode Electronics, Inc. (MEI)
NYSE: MEI · Real-Time Price · USD
9.43
-0.10 (-1.05%)
Oct 29, 2024, 4:00 PM EDT - Market closed

Methode Electronics Statistics

Total Valuation

MEI has a market cap or net worth of $332.36 million. The enterprise value is $547.26 million.

Market Cap 332.36M
Enterprise Value 547.26M

Important Dates

The next estimated earnings date is Thursday, December 5, 2024, before market open.

Earnings Date Dec 5, 2024
Ex-Dividend Date Oct 18, 2024

Share Statistics

MEI has 35.25 million shares outstanding. The number of shares has decreased by -3.11% in one year.

Shares Outstanding 35.25M
Shares Change (YoY) -3.11%
Shares Change (QoQ) +0.77%
Owned by Insiders (%) 3.02%
Owned by Institutions (%) 99.37%
Float 34.17M

Valuation Ratios

PE Ratio n/a
Forward PE 88.38
PS Ratio 0.31
Forward PS 0.30
PB Ratio 0.45
P/FCF Ratio 23.74
PEG Ratio 8.84
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 11.59, with an EV/FCF ratio of 39.09.

EV / Earnings n/a
EV / Sales 0.51
EV / EBITDA 11.59
EV / EBIT n/a
EV / FCF 39.09

Financial Position

The company has a current ratio of 2.35, with a Debt / Equity ratio of 0.44.

Current Ratio 2.35
Quick Ratio 1.40
Debt / Equity 0.44
Debt / EBITDA 5.43
Debt / FCF 23.30
Interest Coverage -0.54

Financial Efficiency

Return on equity (ROE) is -17.00% and return on invested capital (ROIC) is -0.57%.

Return on Equity (ROE) -17.00%
Return on Assets (ROA) -0.46%
Return on Capital (ROIC) -0.57%
Revenue Per Employee $144,440
Profits Per Employee -$19,000
Employee Count 7,500
Asset Turnover 0.73
Inventory Turnover 4.61

Taxes

In the past 12 months, MEI has paid $300,000 in taxes.

Income Tax 300,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -58.48% in the last 52 weeks. The beta is 0.72, so MEI's price volatility has been lower than the market average.

Beta (5Y) 0.72
52-Week Price Change -58.48%
50-Day Moving Average 10.60
200-Day Moving Average 13.12
Relative Strength Index (RSI) 35.77
Average Volume (20 Days) 376,391

Short Selling Information

The latest short interest is 1.34 million, so 3.80% of the outstanding shares have been sold short.

Short Interest 1.34M
Short Previous Month 1.76M
Short % of Shares Out 3.80%
Short % of Float 3.92%
Short Ratio (days to cover) 2.92

Income Statement

In the last 12 months, MEI had revenue of $1.08 billion and -$142.50 million in losses. Loss per share was -$4.03.

Revenue 1.08B
Gross Profit 170.80M
Operating Income -10.80M
Pretax Income -128.10M
Net Income -142.50M
EBITDA 47.20M
EBIT -10.80M
Loss Per Share -$4.03
Full Income Statement

Balance Sheet

The company has $111.30 million in cash and $326.20 million in debt, giving a net cash position of -$214.90 million or -$6.10 per share.

Cash & Cash Equivalents 111.30M
Total Debt 326.20M
Net Cash -214.90M
Net Cash Per Share -$6.10
Equity (Book Value) 744.40M
Book Value Per Share 21.12
Working Capital 351.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $64.00 million and capital expenditures -$50.00 million, giving a free cash flow of $14.00 million.

Operating Cash Flow 64.00M
Capital Expenditures -50.00M
Free Cash Flow 14.00M
FCF Per Share $0.40
Full Cash Flow Statement

Margins

Gross margin is 15.77%, with operating and profit margins of -1.00% and -13.15%.

Gross Margin 15.77%
Operating Margin -1.00%
Pretax Margin -13.13%
Profit Margin -13.15%
EBITDA Margin 4.36%
EBIT Margin -1.00%
FCF Margin -0.24%

Dividends & Yields

This stock pays an annual dividend of $0.56, which amounts to a dividend yield of 5.94%.

Dividend Per Share $0.56
Dividend Yield 5.94%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 3.11%
Shareholder Yield 9.05%
Earnings Yield -42.88%
FCF Yield 4.21%
Dividend Details

Analyst Forecast

The average price target for MEI is $12.50, which is 32.56% higher than the current price. The consensus rating is "Hold".

Price Target $12.50
Price Target Difference 32.56%
Analyst Consensus Hold
Analyst Count 3
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on November 1, 1995. It was a forward split with a ratio of 1.5:1.

Last Split Date Nov 1, 1995
Split Type Forward
Split Ratio 1.5:1

Scores

MEI has an Altman Z-Score of 2.32 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.32
Piotroski F-Score 3