Mayville Engineering Company Inc
NYSE:MEC
Intrinsic Value
Mayville Engineering Co., Inc. engages in the manufacture of metal components. [ Read More ]
The intrinsic value of one
MEC
stock under the Base Case scenario is
21.33
USD.
Compared to the current market price of 13.55 USD,
Mayville Engineering Company Inc
is
Undervalued by 36%.
Mayville Engineering Company Inc's market capitalization is 275.2m USD.
MEC stock price is 13.55 USD.
MEC stock price (13.55 USD) is 36% less than its Intrinsic Value (21.33 USD).
MEC stock price (13.55 USD) is 58% less than its Relative Value (32.41 USD). Open Relative Valuation
MEC has upside potential of 41% compared to the average analyst price target.
Open Wall St Estimates
MEC has positive Free Cash Flow for the last twelve months.
MEC has positive Gross Profit for the last twelve months.
MEC's Revenue has grown by 9% over the past 12 months.
MEC's Revenue is forecast to grow at a rate of 5% per year over the next 3 years.
MEC's ROIC (Return on Invested Capital) has increased in the last 3 years from -1% to 4%.
MEC's ROE (Return on Equity) has increased in the last 3 years from -2% to 4%.
MEC's ROIC (Return on Invested Capital) for the past 12 months is very low and is equal to 4%.
MEC's ROE (Return on Equity) for the past 12 months is very low and is equal to 4%.
MEC's Altman Z-Score is equal to 2.22.
MEC has positive Operating Income for the last twelve months.
MEC has positive Net Income for the last twelve months.
MEC's Revenue has been growing by 18% per year for the last 3 years.
MEC has a very low three-year average ROIC (Return on Invested Capital): 3%. The company is not efficient at using invested capital to generate operating income.
MEC has a very low three-year average ROE (Return on Equity): 2%. The company is not efficient at transforming stockholders' equity into net income.
MEC's long-term assets (497m USD) exceed its long-term liabilties (267m USD).
MEC's short-term assets (135m USD) exceed its short-term liabilties (72m USD).
MEC's D/E (Debt to Equity) is very low and is equal to 0.64.
MEC has positive Net Debt. This means that the company has more debt (147m USD) than cash and short-term investments (672k USD).
Valuation Backtest
Mayville Engineering Company Inc
Run backtest to discover the historical profit from buying and selling
MEC
stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Mayville Engineering Company Inc
Balance Sheet Decomposition
Mayville Engineering Company Inc
| Current Assets | 134.6m |
| Cash & Short-Term Investments | 672k |
| Receivables | 57.4m |
| Other Current Assets | 76.5m |
| Non-Current Assets | 362m |
| PP&E | 208m |
| Intangibles | 151.3m |
| Other Non-Current Assets | 2.7m |
| Current Liabilities | 71.7m |
| Accounts Payable | 46.5m |
| Accrued Liabilities | 14.8m |
| Other Current Liabilities | 10.4m |
| Non-Current Liabilities | 195m |
| Long-Term Debt | 147.5m |
| Other Non-Current Liabilities | 47.5m |
Earnings Waterfall
Mayville Engineering Company Inc
|
Revenue
|
588.4m
USD
|
|
Cost of Revenue
|
-518.7m
USD
|
|
Gross Profit
|
69.7m
USD
|
|
Operating Expenses
|
-49.5m
USD
|
|
Operating Income
|
20.2m
USD
|
|
Other Expenses
|
-12.3m
USD
|
|
Net Income
|
7.8m
USD
|
Free Cash Flow Analysis
Mayville Engineering Company Inc
What is Free Cash Flow?
MEC Profitability Score
Profitability Due Diligence
Mayville Engineering Company Inc's profitability score is 47/100. The higher the profitability score, the more profitable the company is.
Score
Mayville Engineering Company Inc's profitability score is 47/100. The higher the profitability score, the more profitable the company is.
MEC Solvency Score
Solvency Due Diligence
Mayville Engineering Company Inc's solvency score is 49/100. The higher the solvency score, the more solvent the company is.
Score
Mayville Engineering Company Inc's solvency score is 49/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
MEC Price Targets Summary
Mayville Engineering Company Inc
According to Wall Street analysts, the average 1-year price target for
MEC
is 19.13 USD
with a low forecast of 15.15 USD and a high forecast of 23.1 USD.
Ownership
MEC Insider Trading
Buy and sell transactions by insiders
| Period | Sold | Bought | Net |
|---|---|---|---|
| 3 Months |
|
|
|
| 6 Months |
|
|
|
| 9 Months |
|
|
|
| 12 Months |
|
|
|
Shareholder Return
MEC Price
Mayville Engineering Company Inc
| Average Annual Return | -1.63% |
| Standard Deviation of Annual Returns | 33.38% |
| Max Drawdown | -77% |
| Market Capitalization | 275.2m USD |
| Shares Outstanding | 20 308 400 |
| Percentage of Shares Shorted | 2.93% |
Company Profile
Mayville Engineering Company Inc
Country
Industry
Market Cap
Dividend Yield
Description
Mayville Engineering Co., Inc. engages in the manufacture of metal components. The company is headquartered in Mayville, Wisconsin and currently employs 2,200 full-time employees. The company went IPO on 2019-05-09. The firm focuses on producing metal components that are used in a range of heavy- and medium-duty commercial vehicles, construction, and access equipment, powersports, agricultural, military, and other products. The company operates in diverse end markets, including heavy- and medium-duty commercial vehicles, construction & access equipment, powersports, agriculture, military and other end markets. The firm's capabilities include metal fabrication, metal stamping, tube bending and forming, robotic part forming, robotic welding, resistance welding, five-axis tube and fiber laser cutting and custom coatings, including high heat and chemical agent resistant coating (CARC) painting, are used in a variety of application. The firm is a supplier of engineered components to original equipment manufacturer (OEM) customers.
Contact
IPO
Employees
Officers
The intrinsic value of one
MEC
stock under the Base Case scenario is
21.33
USD.
Compared to the current market price of 13.55 USD,
Mayville Engineering Company Inc
is
Undervalued by 36%.
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