MEC Stock Overview
Engages in the production, design, prototyping and tooling, fabrication, aluminum extrusion, coating, and assembling of aftermarket components in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Community Narratives
Create a narrativeNarratives bring a range of perspectives from our community.
Mayville Engineering Company, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$16.19 |
| 52 Week High | US$23.02 |
| 52 Week Low | US$11.07 |
| Beta | 0.90 |
| 1 Month Change | -4.71% |
| 3 Month Change | -18.07% |
| 1 Year Change | 15.23% |
| 3 Year Change | 12.67% |
| 5 Year Change | 63.54% |
| Change since IPO | -1.70% |
Recent News & Updates
Mayville Engineering: Demand Shock Resulting In Significant Cost Reductions
Nov 30Need To Know: The Consensus Just Cut Its Mayville Engineering Company, Inc. (NYSE:MEC) Estimates For 2025
Nov 14
Recent updates
Mayville Engineering: Demand Shock Resulting In Significant Cost Reductions
Nov 30Need To Know: The Consensus Just Cut Its Mayville Engineering Company, Inc. (NYSE:MEC) Estimates For 2025
Nov 14After Surging, Mayville Engineering Company Deserves More Upside
Aug 19Does Mayville Engineering Company (NYSE:MEC) Have A Healthy Balance Sheet?
Aug 06What You Can Learn From Mayville Engineering Company, Inc.'s (NYSE:MEC) P/E
Jul 16Mayville Engineering Company: As Mr. Market Becomes More Bearish, I Become More Bullish
May 06With Mayville Engineering Company, Inc. (NYSE:MEC) It Looks Like You'll Get What You Pay For
Jan 04Mayville 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 19Shareholder Returns
| MEC | US Machinery | US Market | |
|---|---|---|---|
| 7D | -5.7% | -4.6% | -2.4% |
| 1Y | 15.2% | 12.3% | 23.3% |
Return vs Industry: MEC exceeded the US Machinery industry which returned 12.3% over the past year.
Return vs Market: MEC underperformed the US Market which returned 23.3% over the past year.
Price Volatility
| MEC volatility | |
|---|---|
| MEC Average Weekly Movement | 7.5% |
| Machinery Industry Average Movement | 5.7% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: MEC has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: MEC's weekly volatility (7%) 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$334.23m |
| Earnings (TTM) | US$12.22m |
| Revenue (TTM) | US$608.88m |
27.3x
P/E Ratio0.5x
P/S RatioIs MEC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MEC income statement (TTM) | |
|---|---|
| Revenue | US$608.88m |
| Cost of Revenue | US$524.99m |
| Gross Profit | US$83.89m |
| Other Expenses | US$71.66m |
| Earnings | US$12.22m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.59 |
| Gross Margin | 13.78% |
| Net Profit Margin | 2.01% |
| Debt/Equity Ratio | 47.6% |
How did MEC perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:43 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Mayville Engineering Company, Inc. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Kaplowitz | Citigroup Inc |
| Stephen Volkmann | Jefferies LLC |
| Edward Jackson | Northland Capital Markets |