MEC Stock Overview
Mayville Engineering Company, Inc., together with its subsidiaries, engages in the production, design, prototyping and tooling, fabrication, aluminum extrusion, coating, and assembling of aftermarket components in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Mayville Engineering Company, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$13.69 |
| 52 Week High | US$15.50 |
| 52 Week Low | US$9.55 |
| Beta | 0.83 |
| 1 Month Change | -2.07% |
| 3 Month Change | 1.48% |
| 1 Year Change | 14.56% |
| 3 Year Change | -16.01% |
| 5 Year Change | n/a |
| Change since IPO | -16.88% |
Recent News & Updates
Recent updates
With Mayville Engineering Company, Inc. (NYSE:MEC) It Looks Like You'll Get What You Pay For
Jan 04
Mayville Engineering: Slowing Demand Expected In All 5 Primary End Markets
Dec 23Should You Investigate Mayville Engineering Company, Inc. (NYSE:MEC) At US$10.77?
Sep 12Mayville Engineering : Value May Not Be Enough At Present
Sep 12Mayville Engineering: Engineering Growth
Jun 22Is There An Opportunity With Mayville Engineering Company, Inc.'s (NYSE:MEC) 26% Undervaluation?
Jun 22At US$13.32, Is It Time To Put Mayville Engineering Company, Inc. (NYSE:MEC) On Your Watch List?
Jun 07These 4 Measures Indicate That Mayville Engineering Company (NYSE:MEC) Is Using Debt Extensively
May 20Mayville Engineering Company (NYSE:MEC) Hasn't Managed To Accelerate Its Returns
May 05Mayville Engineering Company, Inc. (NYSE:MEC) Shares Could Be 45% Below Their Intrinsic Value Estimate
Mar 03Mayville Engineering Company: Still A Solid Prospect For Value Investors
Feb 16Market Participants Recognise Mayville Engineering Company, Inc.'s (NYSE:MEC) Earnings Pushing Shares 76% Higher
Nov 22Mayville Engineering GAAP EPS of $0.32 beats by $0.11, revenue of $136.3M beats by $8.07M
Nov 01Mayville Engineering Company (NYSE:MEC) Has A Somewhat Strained Balance Sheet
Nov 01Mayville Engineering reports Q2 mixed earnings; reiterates FY 2022 guidance
Aug 03Mayville Engineering names new CEO as Bob Kamphuis retires
Jul 20We Think Mayville Engineering Company (NYSE:MEC) Is Taking Some Risk With Its Debt
May 19Mayville Engineering Company (NYSE:MEC) Will Want To Turn Around Its Return Trends
Apr 06Bearish: Analysts Just Cut Their Mayville Engineering Company, Inc. (NYSE:MEC) Revenue and EPS estimates
Feb 12Here's Why Mayville Engineering Company (NYSE:MEC) Has A Meaningful Debt Burden
Jan 21Mayville Engineering Company: The Firm Is Cheap But It Has Some Issues
Dec 09Shareholder Returns
| MEC | US Machinery | US Market | |
|---|---|---|---|
| 7D | 1.0% | -0.5% | 1.0% |
| 1Y | 14.6% | 27.9% | 21.9% |
Return vs Industry: MEC underperformed the US Machinery industry which returned 32.3% over the past year.
Return vs Market: MEC underperformed the US Market which returned 24.9% over the past year.
Price Volatility
| MEC volatility | |
|---|---|
| MEC Average Weekly Movement | 6.0% |
| Machinery Industry Average Movement | 4.8% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: MEC has not had significant price volatility in the past 3 months.
Volatility Over Time: MEC's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1945 | 2,500 | Jag Reddy | www.mecinc.com |
Mayville Engineering Company, Inc., together with its subsidiaries, engages in the production, design, prototyping and tooling, fabrication, aluminum extrusion, coating, and assembling of aftermarket components in the United States. It also supplies engineered components to original equipment manufacturers. The company serves heavy and medium duty commercial vehicles, construction and access equipment, powersports, agriculture, military, and other end markets.
Mayville Engineering Company, Inc. Fundamentals Summary
| MEC fundamental statistics | |
|---|---|
| Market cap | US$278.80m |
| Earnings (TTM) | US$7.84m |
| Revenue (TTM) | US$588.43m |
35.5x
P/E Ratio0.5x
P/S RatioIs MEC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MEC income statement (TTM) | |
|---|---|
| Revenue | US$588.43m |
| Cost of Revenue | US$512.68m |
| Gross Profit | US$75.75m |
| Other Expenses | US$67.90m |
| Earnings | US$7.84m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 07, 2024
| Earnings per share (EPS) | 0.39 |
| Gross Margin | 12.87% |
| Net Profit Margin | 1.33% |
| Debt/Equity Ratio | 65.3% |
How did MEC perform over the long term?
See historical performance and comparison