Mayville Engineering Company, Inc.
General ticker "MEC" information:
- Sector: Industrials
- Industry: Machinery
- Capitalization: $309.1M (TTM average)
Mayville Engineering Company, Inc. follows the US Stock Market performance with the rate: 34.8%.
Estimated limits based on current volatility of 2.4%: low 16.47$, high 17.28$
Factors to consider:
- Total employees count: 2200 (-12.0%) as of 2024
- Top business risk factors: Economic downturns and volatility, Industry market conditions, Supply chain disruptions, Market competition, Technological obsolescence
- Price in estimated range
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [10.47$, 18.18$]
- 2025-12-31 to 2026-12-31 estimated range: [10.22$, 17.99$]
Financial Metrics affecting the MEC estimates:
- Positive: with PPE of 12.8 at the end of fiscal year the price was very low
- Positive: -3.60 < Operating profit margin, % of 7.34
- Positive: Operating cash flow per share per price, % of 27.37 > 13.24
- Positive: 0 < Industry earnings per price (median), % of 3.87
- Negative: Investing cash flow per share per price, % of -3.57 <= -0.66
- Positive: 41.86 < Shareholder equity ratio, % of 56.50 <= 63.39
- Negative: 0.79 < Interest expense per share per price, % of 3.35
- Positive: Inventory ratio change, % of -2.06 <= -0.75
Short-term MEC quotes
Long-term MEC plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $539.39MM | $588.42MM | $607.10MM |
| Operating Expenses | $513.62MM | $568.23MM | $562.55MM |
| Operating Income | $25.77MM | $20.19MM | $44.55MM |
| Non-Operating Income | $-3.38MM | $-11.31MM | $-10.99MM |
| Interest Expense | $3.38MM | $11.09MM | $10.99MM |
| Income(Loss) | $22.39MM | $8.88MM | $33.56MM |
| Taxes | $3.67MM | $1.04MM | $7.60MM |
| Profit(Loss)* | $18.73MM | $7.84MM | $25.97MM |
| Stockholders Equity | $217.87MM | $229.98MM | $251.75MM |
| Inventory | $71.71MM | $67.78MM | $54.76MM |
| Assets | $440.58MM | $496.66MM | $445.57MM |
| Operating Cash Flow | $52.43MM | $40.36MM | $89.81MM |
| Capital expenditure | $58.61MM | $16.60MM | $12.10MM |
| Investing Cash Flow | $-50.67MM | $-104.13MM | $-11.71MM |
| Financing Cash Flow | $-1.75MM | $64.31MM | $-78.56MM |
| Earnings Per Share** | $0.92 | $0.38 | $1.26 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.