MEC Stock Price, Mayville Engineering Co Quote, Chart

Market Summary

USD15.52+0.05

Delayed

0.32%

MEC Stock Price

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MEC RSI Chart

MEC Valuation

Market Cap

318.6M

Price/Earnings (Trailing)

37.42

Price/Sales (Trailing)

0.52

EV/EBITDA

6.33

Price/Free Cashflow

7.95

MEC Price/Sales (Trailing)

MEC Profitability

Operating Margin

12.23%

EBT Margin

1.67%

Return on Equity

3.64%

Return on Assets

1.7%

Free Cashflow Yield

12.58%

MEC Fundamentals

MEC Revenue

Revenue (TTM)

607.0M

Rev. Growth (Yr)

13.06%

Rev. Growth (Qtr)

8.54%

MEC Earnings

Earnings (TTM)

8.5M

Earnings Growth (Yr)

26.06%

Earnings Growth (Qtr)

45.53%

Breaking Down MEC Revenue

Last 7 days

-4.4%

Last 30 days

15.9%

Last 90 days

27.3%

Trailing 12 Months

22.2%

How does MEC drawdown profile look like?

MEC Financial Health

Current Ratio

1.84

MEC Investor Care

Shares Dilution (1Y)

0.29%

Diluted EPS (TTM)

0.42

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	607.0M	0	0	0
2023	545.8M	546.4M	568.4M	588.4M
2022	478.5M	496.6M	523.8M	539.4M
2021	361.6M	419.3M	437.2M	454.8M
2020	484.6M	402.0M	364.6M	357.6M
2019	411.0M	464.6M	508.8M	519.7M
2018	323.6M	333.9M	344.2M	354.5M
2017	0	0	0	313.3M

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Mayville Engineering Co Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 16, 2024	mccormick robert l	acquired	-	-	9,721	-
Apr 16, 2024	carlson allen j	acquired	-	-	9,721	-
Apr 16, 2024	christen timothy l	acquired	-	-	11,666	-
Apr 16, 2024	rothman jay o.	acquired	-	-	9,721	-
Apr 16, 2024	kent jennifer j.	acquired	-	-	9,721	-
Apr 16, 2024	fisher steven l	acquired	-	-	9,721	-
Mar 15, 2024	reddy jagadeesh a	bought	20,046	12.85	1,560	president & ceo
Feb 28, 2024	raber ryan f	acquired	-	-	32,899	evp - strategy, sales & mktg
Feb 28, 2024	butz todd m	sold (taxes)	-113,859	11.97	-9,512	chief financial officer
Feb 28, 2024	lehr rachele marie	sold (taxes)	-33,911	11.97	-2,833	chief human resources officer

Which funds bought or sold MEC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	COMERICA BANK	reduced	-12.62	-205	1,287	-%
May 16, 2024	Ancora Advisors LLC	added	0.45	-6,484	3,557,850	0.08%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-38.92	-10,455	16,150	-%
May 15, 2024	KENNEDY CAPITAL MANAGEMENT LLC	added	2.09	19,837	1,387,590	0.03%
May 15, 2024	DEUTSCHE BANK AG\	reduced	-6.56	-5,731	74,502	-%
May 15, 2024	CITADEL ADVISORS LLC	new	-	18,314	18,314	-%
May 15, 2024	Royal Bank of Canada	reduced	-15.66	-36,000	194,000	-%
May 15, 2024	Granahan Investment Management, LLC	added	32.43	657,444	2,737,930	0.10%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	added	2.93	65,031	2,905,020	0.06%
May 15, 2024	TWO SIGMA INVESTMENTS, LP	new	-	197,582	197,582	-%

Are Funds Buying or Selling MEC?

Are funds buying MEC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MEC

No. of Funds

Unveiling Mayville Engineering Co Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Jan 12, 2024	allspring global investments holdings, llc	12.92%	2,624,687	SC 13G/A
Jan 13, 2023	allspring global investments holdings, llc	12.63%	2,547,901	SC 13G/A
Feb 14, 2022	prudential financial inc	4.06%	0	SC 13G/A
Feb 04, 2022	wellington management group llp	1.49%	304,998	SC 13G/A
Jan 18, 2022	allspring global investments holdings, llc	10.36%	2,117,352	SC 13G/A
Dec 09, 2021	allspring global investments holdings, llc	10.27%	2,099,460	SC 13G
Dec 08, 2021	wells fargo & company/mn	0.33%	66,629	SC 13G/A
Nov 10, 2021	wells fargo & company/mn	10.26%	2,101,392	SC 13G/A
Feb 11, 2021	wells fargo & company/mn	8.53%	1,710,399	SC 13G/A
Feb 09, 2021	prudential financial inc	5.03%	0	SC 13G

Recent SEC filings of Mayville Engineering Co Inc

View All Filings

Date Filed	Form Type	Document
May 08, 2024	10-Q	Quarterly Report
May 08, 2024	S-3/A	S-3/A
May 07, 2024	8-K	Current Report
Apr 17, 2024	4	Insider Trading
Apr 17, 2024	4	Insider Trading
Apr 17, 2024	4	Insider Trading
Apr 17, 2024	4	Insider Trading
Apr 17, 2024	4	Insider Trading
Apr 17, 2024	4	Insider Trading
Apr 17, 2024	8-K	Current Report

Peers (Alternatives to Mayville Engineering Co Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CAT	176.0B	67.0B	-0.57%	65.92%	15.65	2.63	8.59%	58.17%
GE	175.0B	69.5B	2.71%	53.73%	49.85	2.52	16.04%	-60.91%
CMI	39.1B	34.0B	-1.97%	33.06%	18.95	1.15	12.85%	-19.64%
AME	38.6B	6.7B	-6.32%	12.86%	29.28	5.73	7.11%	10.53%
ACM	12.2B	15.3B	-3.16%	12.28%	-885.03	0.79	13.36%	-103.70%
MID-CAP
APG	9.8B	6.9B	-3.29%	52.06%	57.15	1.42	3.19%	62.26%
FLR	6.6B	15.5B	-3.16%	34.99%	21.56	0.42	7.53%	3145.00%
FLS	6.5B	4.4B	8.65%	40.81%	27.89	1.48	17.31%	1.26%
ACA	4.2B	2.4B	12.71%	24.81%	29.5	1.79	4.48%	-49.27%
ALG	2.3B	1.7B	-5.99%	7.81%	17.35	1.37	8.96%	15.52%
SMALL-CAP
AMRC	1.4B	1.4B	46.91%	-37.28%	24.47	1.02	-13.54%	-25.70%
AGX	872.9M	573.3M	9.79%	57.95%	26.98	1.52	26.00%	-2.24%
NKLA	732.5M	35.8M	-15.62%	-26.90%	-0.78	20.44	-27.93%	-18.06%
AMSC	430.6M	135.4M	17.93%	212.03%	-26.25	3.18	-25.90%	65.37%
ADES	247.8M	100.1M	1.25%	441.48%	-30.37	2.47	2.80%	39.07%

Mayville Engineering Co Inc News

Latest updates

Mayville Engineering Co Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	8.5%	161,269,000	148,582,500	158,217,000	138,980,000	142,645,000	128,527,000	136,276,000	138,337,000	136,252,000	112,975,000	109,018,000	120,213,000	112,620,000	95,344,000	91,075,000	62,582,000	108,605,000	102,331,000	128,511,000	145,130,000	143,732,000
Cost Of Revenue	7.6%	140,336,000	130,371,500	139,197,000	122,885,000	126,268,000	115,801,500	120,812,000	120,079,000	121,370,000	103,565,500	98,109,000	103,933,000	97,844,000	84,267,000	81,340,000	63,736,000	96,762,000	98,297,000	113,941,000	124,595,000	124,153,000
EBITDA Margin	3.0%	0.08	0.08	0.08	0.08	0.09	0.09	0.05	0.04	0.03	0.03	0.07	0.07	-	-	-	-	-	-	-	-	-
Interest Expenses	-5.7%	3,356,000	3,559,000	3,907,000	1,968,000	1,658,000	1,217,500	830,000	765,000	567,000	441,000	526,000	504,000	532,000	558,000	647,000	637,000	826,000	918,000	987,000	1,991,000	2,832,000
Income Taxes	339.6%	1,034,000	-431,500	554,000	475,000	441,000	-796,500	1,490,000	1,798,000	1,175,000	-4,002,000	63,000	1,007,000	989,000	-973,000	733,000	-2,525,000	691,000	-3,857,000	2,512,000	-3,513,000	769,000
Earnings Before Taxes	138.1%	4,275,000	1,795,500	1,986,000	2,089,000	3,012,000	1,584,000	8,086,000	7,727,000	4,997,000	-17,565,000	338,000	4,299,000	3,534,000	-2,000	-367,000	-9,539,000	741,000	-5,530,000	12,258,000	-18,797,000	3,228,000
EBT Margin	10.7%	0.02	0.02	0.02	0.03	0.04	0.04	0.01	-0.01	-0.02	-0.02	0.02	0.02	-	-	-	-	-	-	-	-	-
Net Income	45.5%	3,241,000	2,227,000	1,432,000	1,614,000	2,571,000	2,380,500	6,596,000	5,929,000	3,822,000	-13,563,000	275,000	3,292,000	2,545,000	971,000	-1,100,000	-7,014,000	50,000	-1,673,000	9,746,000	-15,284,000	2,459,000
Net Income Margin	5.2%	0.01	0.01	0.01	0.02	0.03	0.03	0.01	-0.01	-0.01	-0.02	0.02	0.01	-	-	-	-	-	-	-	-	-
Free Cashflow	-60.5%	7,850,000	19,883,000	16,067,000	-3,734,000	-8,451,000	-691,000	5,174,000	2,737,000	-13,404,000	-11,057,000	-15,039,000	2,609,000	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.7%	500	497	525	529	448	441	447	446	443	379	379	366	354	339	344	344	381	364	400	407	405
Current Assets	8.1%	146	135	158	238	155	141	153	155	153	133	128	115	108	89.00	93.00	86.00	114	90.00	118	122	127
Cash Equivalents	-53.3%	0.00	1.00	2.00	90.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	13.00	0.00	0.00	0.00	0.00
Inventory	-2.5%	66.00	68.00	73.00	67.00	69.00	72.00	75.00	74.00	72.00	70.00	63.00	51.00	46.00	41.00	38.00	40.00	46.00	46.00	51.00	51.00	53.00
Net PPE	-2.1%	172	176	178	141	143	146	137	130	124	121	120	115	107	107	108	115	122	125	128	128	126
Goodwill	0%	93.00	93.00	93.00	21.00	72.00	72.00	72.00	72.00	72.00	72.00	72.00	72.00	72.00	72.00	72.00	72.00	72.00	72.00	71.00	72.00	71.00
Liabilities	-0.3%	266	267	298	303	225	223	232	236	240	181	167	155	147	138	145	145	176	163	198	216	300
Current Liabilities	10.4%	79.00	72.00	81.00	79.00	96.00	102	111	111	89.00	77.00	72.00	71.00	61.00	53.00	45.00	31.00	46.00	48.00	63.00	89.00	87.00
Shareholder's Equity	1.8%	234	230	227	225	223	218	215	210	203	198	212	211	207	201	199	199	205	201	202	191	105
Retained Earnings	9.5%	37.00	34.00	32.00	30.00	29.00	26.00	24.00	17.00	11.00	8.00	21.00	21.00	18.00	15.00	14.00	15.00	22.00	22.00	24.00	14.00	29.00
Additional Paid-In Capital	0.4%	206	205	205	203	202	201	200	200	198	197	196	195	193	191	190	189	188	184	182	181	-
Shares Outstanding	0.3%	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	247	-	-	-	151	-	-	-	396	-	-	-	153	-	-	-	272	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-60.2%	10,625	26,667	19,561	178	-6,043	19,111	17,631	16,109	-425	1,664	-5,437	14,036	4,194	17,232	16,180	478	2,633	16,978	9,965	7,959	-1,500
Share Based Compensation	58.5%	1,157	730	1,335	1,354	1,066	905	140	1,457	1,257	1,191	1,183	1,388	1,200	1,013	978	1,159	1,582	-	-	-	-
Cashflow From Investing	58.8%	-2,668	-6,478	-91,487	-3,912	-2,255	-19,596	-9,949	-8,503	-12,620	-12,721	-4,668	-11,317	-5,255	-2,340	-1,548	386	-2,272	-1,322	-7,787	-10,839	-8,142
Cashflow From Financing	61.9%	-8,315	-21,822	-15,894	93,733	8,297	500	-7,675	-7,621	13,047	11,048	10,113	-2,724	1,064	-14,881	-14,642	-13,745	12,639	-15,656	-2,178	2,854	6,580
Buy Backs	-	-	-	1,000	1,000	661	-	2,624	-	2,323	1,500	-	-	-	-1.00	-	75.00	2,435	999	-	1,592	-

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MEC Income Statement

2024-03-31

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Condensed Consolidated Statements of Comprehensive Income
Net sales	$ 161,269	$ 142,645
Cost of sales	140,336	126,268
Amortization of intangible assets	1,733	1,738
Profit sharing, bonuses, and deferred compensation	3,800	3,003
Other selling, general and administrative expenses	7,769	6,966
Income from operations	7,631	4,670
Interest expense	(3,356)	(1,658)
Income before taxes	4,275	3,012
Income tax expense	1,034	441
Net income and comprehensive income	$ 3,241	$ 2,571
Earnings per share:
Basic	$ 0.16	$ 0.13
Diluted	$ 0.16	$ 0.12
Weighted average shares outstanding:
Basic	20,485,933	20,315,338
Diluted	20,700,046	20,749,948

MEC Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and cash equivalents	$ 314	$ 672
Receivables, net of allowances for doubtful accounts of $669 at March 31, 2024 and $685 at December 31, 2023	70,331	57,445
Inventories, net	66,106	67,782
Tooling in progress	5,232	5,457
Prepaid expenses and other current assets	3,523	3,267
Total current assets	145,506	134,623
Property, plant and equipment, net	172,095	175,745
Goodwill	92,650	92,650
Intangible assets, net	56,934	58,667
Operating lease assets	31,018	32,233
Other long-term assets	1,698	2,743
Total assets	499,901	496,661
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	54,457	46,526
Current portion of operating lease obligation	5,010	5,064
Accrued liabilities:
Salaries, wages, and payroll taxes	6,131	6,368
Profit sharing and bonus	1,455	3,107
Other current liabilities	12,093	10,644
Total current liabilities	79,146	71,709
Bank revolving credit notes	139,817	147,493
Operating lease obligation, less current maturities	27,532	28,606
Deferred compensation, less current portion	4,182	3,816
Deferred income tax liability	12,847	12,606
Other long-term liabilities	2,340	2,453
Total liabilities	265,864	266,683
Commitments and contingencies (see Note 9)
Common shares, no par value, 75,000,000 authorized, 22,009,409 shares issued at March 31, 2024 and 21,853,477 at December 31, 2023
Additional paid-in-capital	206,191	205,373
Retained earnings	37,359	34,118
Treasury shares at cost, 1,542,893 shares at March 31, 2024 and December 31, 2023	(9,513)	(9,513)
Total shareholders' equity	234,037	229,978
Total	$ 499,901	$ 496,661

About Mayville Engineering Co Inc

Mayville Engineering Company, Inc., together with its subsidiaries, engages in the production, prototyping and tooling, fabrication, 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 vehicle, construction and access equipment, powersports, agriculture, military, and other end markets. Mayville Engineering Company, Inc. was founded in 1945 and is headquartered in Mayville, Wisconsin.

CEO	Mr. Jagadeesh A. Reddy
WEBSITE	mecinc.com
INDUSTRY	Apparel Manufacturing
EMPLOYEES	2300

Mayville Engineering Co Inc Frequently Asked Questions

What is the ticker symbol for Mayville Engineering Co Inc? What does MEC stand for in stocks?

MEC is the stock ticker symbol of Mayville Engineering Co Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Mayville Engineering Co Inc (MEC)?

As of Fri May 17 2024, market cap of Mayville Engineering Co Inc is 318.58 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MEC stock?

You can check MEC's fair value in chart for subscribers.

What is the fair value of MEC stock?

You can check MEC's fair value in chart for subscribers. The fair value of Mayville Engineering Co Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Mayville Engineering Co Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MEC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Mayville Engineering Co Inc a good stock to buy?

The fair value guage provides a quick view whether MEC is over valued or under valued. Whether Mayville Engineering Co Inc is cheap or expensive depends on the assumptions which impact Mayville Engineering Co Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MEC.

What is Mayville Engineering Co Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, MEC's PE ratio (Price to Earnings) is 37.42 and Price to Sales (PS) ratio is 0.52. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MEC PE ratio will change depending on the future growth rate expectations of investors.