MEI Stock Overview
Methode Electronics, Inc. designs, manufactures, and markets component and subsystem devices worldwide.
No risks detected for MEI from our risk checks.
Methode Electronics Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$44.52|
|52 Week High||US$50.20|
|52 Week Low||US$40.83|
|1 Month Change||-0.45%|
|3 Month Change||-1.11%|
|1 Year Change||-4.73%|
|3 Year Change||62.13%|
|5 Year Change||15.34%|
|Change since IPO||2,274.40%|
Recent News & Updates
Is Methode Electronics, Inc. (NYSE:MEI) Trading At A 42% Discount?
How far off is Methode Electronics, Inc. ( NYSE:MEI ) from its intrinsic value? Using the most recent financial data...
|MEI||US Electronic||US Market|
Return vs Industry: MEI exceeded the US Electronic industry which returned -12.3% over the past year.
Return vs Market: MEI exceeded the US Market which returned -10.4% over the past year.
|MEI Average Weekly Movement||3.9%|
|Electronic Industry Average Movement||7.7%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.7%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: MEI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: MEI's weekly volatility (4%) has been stable over the past year.
About the Company
Methode Electronics, Inc. designs, manufactures, and markets component and subsystem devices worldwide. It operates through four segments: Automotive, Industrial, Interface, and Medical. The Automotive segment supplies electronic and electro-mechanical devices, and related products to automobile original equipment manufacturers directly or through their tiered suppliers.
Methode Electronics Fundamentals Summary
|MEI fundamental statistics|
Is MEI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MEI income statement (TTM)|
|Cost of Revenue||US$889.30m|
Last Reported Earnings
Jan 29, 2022
Next Earnings Date
|Earnings per share (EPS)||3.17|
|Net Profit Margin||9.96%|
How did MEI perform over the long term?See historical performance and comparison
1.3%Current Dividend Yield
Is Methode Electronics undervalued compared to its fair value and its price relative to the market?
Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MEI ($44.52) is trading below our estimate of fair value ($81.94)
Significantly Below Fair Value: MEI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MEI is good value based on its PE Ratio (14x) compared to the US Electronic industry average (15.4x).
PE vs Market: MEI is good value based on its PE Ratio (14x) compared to the US market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: MEI is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: MEI's PB Ratio (1.8x) is in line with the US Electronic industry average.
How is Methode Electronics forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MEI's forecast earnings growth (12.3% per year) is above the savings rate (1.9%).
Earnings vs Market: MEI's earnings (12.3% per year) are forecast to grow slower than the US market (12.6% per year).
High Growth Earnings: MEI's earnings are forecast to grow, but not significantly.
Revenue vs Market: MEI's revenue (5% per year) is forecast to grow slower than the US market (8% per year).
High Growth Revenue: MEI's revenue (5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MEI's Return on Equity is forecast to be low in 3 years time (14.4%).
How has Methode Electronics performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MEI has high quality earnings.
Growing Profit Margin: MEI's current net profit margins (10%) are lower than last year (12.2%).
Past Earnings Growth Analysis
Earnings Trend: MEI's earnings have grown by 12.2% per year over the past 5 years.
Accelerating Growth: MEI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MEI had negative earnings growth (-3.5%) over the past year, making it difficult to compare to the Electronic industry average (37.6%).
Return on Equity
High ROE: MEI's Return on Equity (12.8%) is considered low.
How is Methode Electronics's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MEI's short term assets ($640.4M) exceed its short term liabilities ($203.7M).
Long Term Liabilities: MEI's short term assets ($640.4M) exceed its long term liabilities ($291.2M).
Debt to Equity History and Analysis
Debt Level: MEI's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: MEI's debt to equity ratio has increased from 7.2% to 23.5% over the past 5 years.
Debt Coverage: MEI's debt is well covered by operating cash flow (43%).
Interest Coverage: MEI's interest payments on its debt are well covered by EBIT (35.9x coverage).
What is Methode Electronics's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MEI's dividend (1.26%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: MEI's dividend (1.26%) is low compared to the top 25% of dividend payers in the US market (4.05%).
Stability and Growth of Payments
Stable Dividend: MEI's dividends per share have been stable in the past 10 years.
Growing Dividend: MEI's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17%), MEI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35.4%), MEI's dividend payments are well covered by cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Don Duda (66 yo)
Mr. Donald W. Duda, also known as Don, has been the Chief Executive Officer of Methode Electronics, Inc. since May 1, 2004 and its President since February 2001. Mr. Duda served as Vice President of Interc...
CEO Compensation Analysis
Compensation vs Market: Don's total compensation ($USD13.33M) is above average for companies of similar size in the US market ($USD5.45M).
Compensation vs Earnings: Don's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: MEI's management team is considered experienced (3.8 years average tenure).
Experienced Board: MEI's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Methode Electronics, Inc.'s employee growth, exchange listings and data sources
- Name: Methode Electronics, Inc.
- Ticker: MEI
- Exchange: NYSE
- Founded: 1946
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Implied Market Cap: US$1.644b
- Shares outstanding: 36.93m
- Website: https://www.methode.com
Number of Employees
- Methode Electronics, Inc.
- 8750 West Bryn Mawr Avenue
- Suite 1000
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/15 00:00|
|End of Day Share Price||2022/05/13 00:00|
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.