With a one year PEG ratio of 0.31, Mayville Engineering Company Inc is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than just 5.51% of US stocks.
MEC's went public 1.15 years ago, making it older than merely 0.81% of listed US stocks we're tracking.
With a year-over-year growth in debt of -51.76%, Mayville Engineering Company Inc's debt growth rate surpasses just 4.94% of about US stocks.
Stocks that are quantitatively similar to MEC, based on their financial statements, market capitalization, and price volatility, are ARCH, TLRY, YGYI, METC, and SND.
Mayville Engineering Company, Inc. (MEC) Company Bio
Mayville Engineering Co., Inc. engages in the production of metal components. It offers a broad range of prototyping and tooling, production fabrication, coating, assembly, and aftermarket components. Its customers operate in diverse end markets, including heavy- and medium-duty commercial vehicles, construction, powersports, agriculture, military, and other end markets. The company was founded by Leo Bachhuber and Ted Bachhuber in 1945 and is headquartered in Mayville, WI.
MEC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for MEC, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Mayville Engineering Company Inc ranked in the 27th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Mayville Engineering Company Inc ended up being:
The compound growth rate in the free cash flow of Mayville Engineering Company Inc over the past 1.01 years is -0.06%; that's higher than only 19.57% of free cash flow generating stocks in the Industrials sector.
Mayville Engineering Company Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -1.4. This coverage rate is greater than that of only 17.62% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
GD, CLCT, DCI, FSS, and KEX can be thought of as valuation peers to MEC, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading U.S.-based value-added manufacturing partner that provides a broad range of prototyping and tooling, production fabrication, coating, assembly and aftermarket services, announced today that the company has once again been named the nation’s largest fabricator by The Fabricator magazine. 2020 marks the tenth consecutive year that MEC has led the ‘FAB 40’ list. “Our team is proud to be nu
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]
MAYVILLE, Wisc.--(BUSINESS WIRE)--Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading U.S.-based value added manufacturing partner that provides a broad range of prototyping and tooling, production fabrication, coating, assembly and aftermarket components, today announced results for the first quarter ended March 31, 2020. First Quarter Highlights: Produced net sales of $108.6 million Recorded net income of $0.1 million Generated Adjusted EBITDA of $11.4 million Ended t
Mayville Engineering Company, Inc. (MEC) delivered earnings and revenue surprises of 100.00% and 6.99%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
MAYVILLE, Wisc.--(BUSINESS WIRE)--Mayville Engineering Company (NYSE: MEC) (the “Company” or MEC) today announced that it will release financial results for the first quarter 2020 after market close on Tuesday, May 5, 2020. A conference call will be held on Wednesday, May 6, 2020 at 9:00 a.m. Central Time and will be hosted by Robert Kamphuis, Chairman, President and Chief Executive Officer and Todd Butz, Chief Financial Officer. For a live Internet webcast of the conference call, visit www.mec