OTCPK:MCCK

Stock Analysis Report

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Executive Summary

Mestek, Inc., together with its subsidiaries, manufactures and sells heating, ventilating, and air conditioning products and equipment; and metal forming equipment in the United States and internationally. More Details


Snowflake Analysis

Excellent balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Mestek's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MCCK has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.4%

MCCK

-6.0%

US Consumer Durables

-1.1%

US Market


1 Year Return

-2.4%

MCCK

12.5%

US Consumer Durables

15.0%

US Market

Return vs Industry: MCCK underperformed the US Consumer Durables industry which returned 14.9% over the past year.

Return vs Market: MCCK underperformed the US Market which returned 15.6% over the past year.


Shareholder returns

MCCKIndustryMarket
7 Day0.4%-6.0%-1.1%
30 Day-0.9%-2.6%2.9%
90 Dayn/a4.8%5.7%
1 Year-2.4%-2.4%14.0%12.5%17.6%15.0%
3 Year-0.5%-0.5%11.3%6.9%38.9%29.7%
5 Year28.6%28.6%40.7%31.8%78.4%58.4%

Price Volatility Vs. Market

How volatile is Mestek's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Mestek undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Mestek is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Mestek has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Examine Mestek's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Mestek regulatory filings here.
  • Explore potentially undervalued companies in the Consumer Durables industry.

Future Growth

How is Mestek forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.3%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Mestek has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Mestek performed over the past 5 years?

18.0%

Historical Consumer Durables annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Mestek has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

Financial Health

How is Mestek's financial position?


In this section we usually analyse Mestek's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Mestek has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of MCCK’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Mestek's financial data was last updated here.
  • Explore more healthy companies in the Consumer Durables industry.

Dividend

What is Mestek current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MCCK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MCCK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MCCK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MCCK's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MCCK's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

19.1yrs

Average management tenure


CEO

Stewart Reed (72 yo)

7.33yrs

Tenure

Mr. Stewart B. Reed has been the Chief Executive Officer and Chairman of the Board of Mestek, Inc. since June 2013. Mr. Reed has extensive knowledge and experience in managing and leading large manufacturi ...


Leadership Team

NamePositionTenureCompensationOwnership
R. Dewey
President19.08yrsUS$359.56kno data
Stephen Shea
CFO, Principal Accounting Officer & Senior VP of Finance30.75yrsUS$257.41kno data
J. Filler
Senior Vice President of Corporate & Legal Affairs and Secretary18.75yrsUS$250.28kno data
William Rafferty
Executive Vice Presidentno dataUS$327.56kno data
Stewart Reed
Chairman & CEO7.33yrsno datano data
James Burk
Vice President34.75yrsUS$259.30kno data

19.1yrs

Average Tenure

68yo

Average Age

Experienced Management: MCCK's management team is seasoned and experienced (19.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Stewart Reed
Chairman & CEO7.33yrsno datano data
David Kelly
Director24.75yrsno datano data
Winston Hindle
Director26.75yrsno datano data
William Coad
Director34.75yrsno datano data

25.8yrs

Average Tenure

83yo

Average Age

Experienced Board: MCCK's board of directors are seasoned and experienced ( 25.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Mestek, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mestek, Inc.
  • Ticker: MCCK
  • Exchange: OTCPK
  • Founded: 1898
  • Industry: Household Appliances
  • Sector: Consumer Durables
  • Market Cap: US$212.392m
  • Shares outstanding: 7.51m
  • Website: https://www.mestek.com

Location

  • Mestek, Inc.
  • 260 North Elm Street
  • Westfield
  • Massachusetts
  • 1085
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MCCKOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1968

Biography

Mestek, Inc., together with its subsidiaries, manufactures and sells heating, ventilating, and air conditioning products and equipment; and metal forming equipment in the United States and internationally. ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/28 00:30
End of Day Share Price2020/10/27 00:00
Earnings2012/06/30
Annual Earnings2011/12/31


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.