NYSE
MEC

Mayville Engineering Co Inc

Metal Fabrication
Industrials

Prices are adjusted according to historical splits.

Mayville Engineering Co Inc Stock Price

Vitals

Today's Low:
$10.49
Today's High:
$10.88
Open Price:
$10.75
52W Low:
$5.945
52W High:
$16.66
Prev. Close:
$10.77
Volume:
52829

Company Statistics

Market Cap.:
$248.59 million
Book Value:
11.063
Revenue TTM:
$546.43 million
Operating Margin TTM:
3.53%
Gross Profit TTM:
$66.90 million
Profit Margin:
2.41%
Return on Assets TTM:
2.48%
Return on Equity TTM:
6.04%

Company Profile

Mayville Engineering Co Inc had its IPO on 2019-05-09 under the ticker symbol MEC.

The company operates in the Industrials sector and Metal Fabrication industry. Mayville Engineering Co Inc has a staff strength of 2,300 employees.

Stock update

Shares of Mayville Engineering Co Inc opened at $10.75 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $10.49 - $10.88, and closed at $10.59.

This is a -1.67% slip from the previous day's closing price.

A total volume of 52,829 shares were traded at the close of the day’s session.

In the last one week, shares of Mayville Engineering Co Inc have slipped by -13.13%.

Mayville Engineering Co Inc's Key Ratios

Mayville Engineering Co Inc has a market cap of $248.59 million, indicating a price to book ratio of 1.2644 and a price to sales ratio of 0.4968.

In the last 12-months Mayville Engineering Co Inc’s revenue was $546.43 million with a gross profit of $66.90 million and an EBITDA of $50.05 million. The EBITDA ratio measures Mayville Engineering Co Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Mayville Engineering Co Inc’s operating margin was 3.53% while its return on assets stood at 2.48% with a return of equity of 6.04%.

In Q2, Mayville Engineering Co Inc’s quarterly earnings growth was a negative -72.7% while revenue growth was a positive 0.5%.

Mayville Engineering Co Inc’s PE and PEG Ratio

Forward PE
22.0751
Trailing PE
17.9265
PEG

Its diluted EPS in the last 12-months stands at $0.68 per share while it has a forward price to earnings multiple of 22.0751 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Mayville Engineering Co Inc’s profitability.

Mayville Engineering Co Inc stock is trading at a EV to sales ratio of 0.7263 and a EV to EBITDA ratio of 10.6765. Its price to sales ratio in the trailing 12-months stood at 0.4968.

Mayville Engineering Co Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$528.60 million
Total Liabilities
$78.71 million
Operating Cash Flow
$-3912000.00
Capital Expenditure
$3.91 million
Dividend Payout Ratio
0%

Mayville Engineering Co Inc ended 2024 with $528.60 million in total assets and $0 in total liabilities. Its intangible assets were valued at $528.60 million while shareholder equity stood at $225.37 million.

Mayville Engineering Co Inc ended 2024 with $12.71 million in deferred long-term liabilities, $78.71 million in other current liabilities, 0.00 in common stock, $30.46 million in retained earnings and $71.54 million in goodwill. Its cash balance stood at $90.13 million and cash and short-term investments were $90.13 million. The company’s total short-term debt was $5,017,000 while long-term debt stood at $177.94 million.

Mayville Engineering Co Inc’s total current assets stands at $238.21 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $69.07 million compared to accounts payable of $52.35 million and inventory worth $66.83 million.

In 2024, Mayville Engineering Co Inc's operating cash flow was $-3912000.00 while its capital expenditure stood at $3.91 million.

Comparatively, Mayville Engineering Co Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$10.59
52-Week High
$16.66
52-Week Low
$5.945
Analyst Target Price
$18

Mayville Engineering Co Inc stock is currently trading at $10.59 per share. It touched a 52-week high of $16.66 and a 52-week low of $16.66. Analysts tracking the stock have a 12-month average target price of $18.

Its 50-day moving average was $11.67 and 200-day moving average was $13.02 The short ratio stood at 3.81 indicating a short percent outstanding of 0%.

Around 531.8% of the company’s stock are held by insiders while 6623% are held by institutions.

Frequently Asked Questions About Mayville Engineering Co Inc

The stock symbol (also called stock or share ticker) of Mayville Engineering Co Inc is MEC

The IPO of Mayville Engineering Co Inc took place on 2019-05-09

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About

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.

Address

715 South Street, Mayville, WI, United States, 53050