Methode Electronics Statistics
Total Valuation
MEI has a market cap or net worth of $411.59 million. The enterprise value is $646.19 million.
| Market Cap | 411.59M |
| Enterprise Value | 646.19M |
Important Dates
The last earnings date was Thursday, March 7, 2024, before market open.
| Earnings Date | Mar 7, 2024 |
| Ex-Dividend Date | Apr 11, 2024 |
Share Statistics
MEI has 35.39 million shares outstanding. The number of shares has decreased by -1.36% in one year.
| Shares Outstanding | 35.39M |
| Shares Change (YoY) | -1.36% |
| Shares Change (QoQ) | -1.14% |
| Owned by Insiders (%) | 5.07% |
| Owned by Institutions (%) | 99.01% |
| Float | 34.21M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 13.66 |
| PS Ratio | 0.36 |
| Forward PS | 0.39 |
| PB Ratio | 0.49 |
| P/FCF Ratio | 21.33 |
| PEG Ratio | 1.16 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 52.11, with an EV/FCF ratio of 33.48.
| EV / Earnings | n/a |
| EV / Sales | 0.57 |
| EV / EBITDA | 52.11 |
| EV / EBIT | n/a |
| EV / FCF | 33.48 |
Financial Position
The company has a current ratio of 2.74, with a Debt / Equity ratio of 0.43.
| Current Ratio | 2.74 |
| Quick Ratio | 1.69 |
| Debt / Equity | 0.43 |
| Debt / EBITDA | 28.83 |
| Debt / FCF | 18.52 |
| Interest Coverage | -3.21 |
Financial Efficiency
Return on equity (ROE) is -6.50% and return on invested capital (ROIC) is -3.52%.
| Return on Equity (ROE) | -6.50% |
| Return on Assets (ROA) | -3.80% |
| Return on Capital (ROIC) | -3.52% |
| Revenue Per Employee | $169,910 |
| Profits Per Employee | -$8,642 |
| Employee Count | 6,700 |
| Asset Turnover | 0.74 |
| Inventory Turnover | 4.91 |
Taxes
In the past 12 months, MEI has paid $700,000 in taxes.
| Income Tax | 700,000 |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -72.76% in the last 52 weeks. The beta is 0.85, so MEI's price volatility has been lower than the market average.
| Beta (1Y) | 0.85 |
| 52-Week Price Change | -72.76% |
| 50-Day Moving Average | 15.77 |
| 200-Day Moving Average | 23.10 |
| Relative Strength Index (RSI) | 32.27 |
| Average Volume (30 Days) | 563,464 |
Short Selling Information
The latest short interest is 1.71 million, so 4.83% of the outstanding shares have been sold short.
| Short Interest | 1.71M |
| Short Previous Month | 1.06M |
| Short % of Shares Out | 4.83% |
| Short % of Float | 4.99% |
| Short Ratio (days to cover) | 1.81 |
Income Statement
In the last 12 months, MEI had revenue of $1.14 billion and -$57.90 million in losses. Loss per share was -$1.62.
| Revenue | 1.14B |
| Gross Profit | 206.60M |
| Operating Income | -42.00M |
| Pretax Income | -57.20M |
| Net Income | -57.90M |
| EBITDA | 12.40M |
| EBIT | -43.60M |
| Loss Per Share | -$1.62 |
Balance Sheet
The company has $122.90 million in cash and $357.50 million in debt, giving a net cash position of -$234.60 million or -$6.63 per share.
| Cash & Cash Equivalents | 122.90M |
| Total Debt | 357.50M |
| Net Cash | -234.60M |
| Net Cash Per Share | -$6.63 |
| Equity / Book Value | 835.00M |
| Book Value Per Share | 23.59 |
| Working Capital | 399.90M |
Cash Flow
In the last 12 months, operating cash flow was $71.60 million and capital expenditures -$52.30 million, giving a free cash flow of $19.30 million.
| Operating Cash Flow | 71.60M |
| Capital Expenditures | -52.30M |
| Free Cash Flow | 19.30M |
| FCF Per Share | $0.54 |
Margins
Gross margin is 18.15%, with operating and profit margins of -3.69% and -5.09%.
| Gross Margin | 18.15% |
| Operating Margin | -3.69% |
| Pretax Margin | -5.02% |
| Profit Margin | -5.09% |
| EBITDA Margin | 1.09% |
| EBIT Margin | -3.83% |
| FCF Margin | 1.70% |
Dividends & Yields
This stock pays an annual dividend of $0.56, which amounts to a dividend yield of 4.82%.
| Dividend Per Share | $0.56 |
| Dividend Yield | 4.82% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 1.36% |
| Shareholder Yield | 6.18% |
| Earnings Yield | -14.07% |
| FCF Yield | 4.69% |
Analyst Forecast
The average price target for MEI is $27.00, which is 132.16% higher than the current price. The consensus rating is "Hold".
| Price Target | $27.00 |
| Price Target Difference | 132.16% |
| Analyst Consensus | Hold |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on April 30, 2001. It was a forward split with a ratio of 10000:3742.
| Last Split Date | Apr 30, 2001 |
| Split Type | Forward |
| Split Ratio | 10000:3742 |
Scores
MEI has an Altman Z-Score of 2 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2 |
| Piotroski F-Score | 3 |