Mayville Engineering Financials

MEC Stock  USD 13.97  0.02  0.14%   
Mayville Engineering Co is performing exceptionally good at this time. It has a great probability to report excellent financial results in April. At present, Mayville Engineering's Net Tangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 63.1 M, whereas Total Assets are forecasted to decline to about 423 M. Key indicators impacting Mayville Engineering's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.09590.1009
Notably Down
Slightly volatile
Current Ratio1.321.7486
Way Down
Pretty Stable
The financial analysis of Mayville Engineering is a critical element in measuring its lifeblood. Investors should not minimize Mayville Engineering's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

108,585

  
Please note, the presentation of Mayville Engineering's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Mayville Engineering's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Mayville Engineering's management manipulating its earnings.

Mayville Engineering Stock Summary

Mayville Engineering competes with Insteel Industries, Gulf Island, ESAB Corp, Northwest Pipe, and Ampco Pittsburgh. Mayville Engineering Company, Inc., together with its subsidiaries, operates as a contract manufacturer that serves the heavy and medium duty commercial vehicle, construction and access equipment, powersports, agriculture, military, and other end markets in the United States. The company was founded in 1945 and is headquartered in Mayville, Wisconsin. Mayville Engineering operates under Metal Fabrication classification in the United States and is traded on New York Stock Exchange. It employs 2200 people.
Specialization
Industrials, Metal Fabrication
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS5786051079
CUSIP578605107
LocationWisconsin; U.S.A
Business Address135 S 84th
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.mecinc.com
Phone414 381 2860
CurrencyUSD - US Dollar

Mayville Engineering Key Financial Ratios

Mayville Engineering Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets338.5M379.5M440.6M496.7M445.6M423.0M
Other Current Liab18.6M27.3M43.5M19.3M25.5M21.7M
Other Liab39.2M37.6M35.3M15.4M13.8M13.1M
Net Tangible Assets57.2M67.9M76.0M102.5M117.9M123.8M
Net Debt47.8M68.7M108.9M181.4M25.2M23.9M
Retained Earnings15.0M7.5M26.3M34.1M60.1M63.1M
Accounts Payable33.5M50.1M53.7M46.5M39.1M44.1M
Cash121K118K127K672K206K195.7K
Other Assets7.0M3.9M2.1M(1.0)(1.15)(1.09)
Long Term Debt45.3M67.6M72.2M147.5M79.7M72.4M
Net Receivables42.1M55.4M58.0M57.4M49.8M52.5M
Long Term Debt Total75.3M47.3M68.5M72.2M65.0M67.2M
Inventory41.4M70.2M71.7M67.8M54.8M60.5M
Other Current Assets5.7M6.9M11.5M8.7M8.2M6.8M
Total Liab137.7M181.2M222.7M266.7M193.8M217.4M
Net Invested Capital246.1M265.9M290.1M377.5M331.5M307.4M
Total Current Assets89.2M132.6M141.3M134.6M112.9M120.7M
Treasury Stock(57.7M)(4.9M)(4.9M)(6.5M)(7.4M)(7.8M)
Cash And Equivalents1K121K118K127K114.3K108.6K
Net Working Capital36.5M55.2M38.9M62.9M48.4M46.2M
Short Term Debt626K315K5.2M5.9M5.3M3.4M
Intangible Assets61.5M50.8M43.8M58.7M51.7M60.5M

Mayville Engineering Key Income Statement Accounts

202020212022202320242025 (projected)
Tax Provision(2.1M)(1.9M)3.7M674K7.6M8.0M
Net Interest Income(2.7M)(2.0M)(3.4M)(8.8M)(11.0M)(10.4M)
Interest Income6.7M2.7M2.0M3.4M3.0M3.0M
Interest Expense2.7M2.0M3.4M11.1M11.0M6.2M
Total Revenue357.6M454.8M539.4M588.4M581.6M510.0M
Gross Profit31.5M51.4M61.1M69.7M71.1M59.0M
Operating Income(6.5M)8.8M25.8M20.2M44.6M46.8M
Ebit(6.5M)(7.4M)(7.8M)20.0M18.0M18.9M
Ebitda25.6M24.4M25.8M55.1M44.6M37.6M
Cost Of Revenue326.1M403.5M478.3M518.7M510.5M451.1M
Income Before Tax(9.2M)(9.4M)22.4M8.9M33.6M35.2M
Net Income(7.1M)(7.5M)18.7M7.8M26.0M27.3M
Income Tax Expense(2.1M)(1.9M)3.7M1.0M7.6M8.0M

Mayville Engineering Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory4.2M(27.9M)(1.6M)16.0M13.2M13.9M
Investments(5.8M)(34.0M)(50.7M)(117.3M)(11.7M)(12.3M)
Change In Cash120K(3K)9K545K(466K)(442.7K)
Net Borrowings(107.6M)(27.5M)21.5M3.5M3.2M3.3M
Free Cash Flow28.7M(24.9M)(6.2M)23.8M77.7M81.6M
Depreciation32.1M31.8M29.3M35.1M37.6M33.0M
Other Non Cash Items358K325K(8.6M)(12.3M)1.5M1.5M
Capital Expenditures7.8M39.3M58.6M16.6M12.1M11.5M
Net Income(7.1M)(7.5M)18.7M7.8M26.0M27.3M
End Period Cash Flow121K118K127K672K206K195.7K
Change To Netincome8.5M1.7M18.7M8.6M9.8M8.1M

Mayville Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Mayville Engineering's current stock value. Our valuation model uses many indicators to compare Mayville Engineering value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mayville Engineering competition to find correlations between indicators driving Mayville Engineering's intrinsic value. More Info.
Mayville Engineering Co is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.26  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Mayville Engineering Co is roughly  3.84 . At present, Mayville Engineering's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Mayville Engineering's earnings, one of the primary drivers of an investment's value.

Mayville Engineering Systematic Risk

Mayville Engineering's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mayville Engineering volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Mayville Engineering correlated with the market. If Beta is less than 0 Mayville Engineering generally moves in the opposite direction as compared to the market. If Mayville Engineering Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mayville Engineering is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mayville Engineering is generally in the same direction as the market. If Beta > 1 Mayville Engineering moves generally in the same direction as, but more than the movement of the benchmark.

Mayville Engineering Thematic Clasifications

Mayville Engineering Co is part of Fabricated Products investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Fabricated Products industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Fabricated ProductsView
This theme covers USA Equities from Fabricated Products industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Mayville Engineering Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Mayville Engineering's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Mayville Engineering growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0566

At present, Mayville Engineering's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Mayville Engineering March 24, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Mayville Engineering help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mayville Engineering Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mayville Engineering Co based on widely used predictive technical indicators. In general, we focus on analyzing Mayville Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mayville Engineering's daily price indicators and compare them against related drivers.

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When running Mayville Engineering's price analysis, check to measure Mayville Engineering's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mayville Engineering is operating at the current time. Most of Mayville Engineering's value examination focuses on studying past and present price action to predict the probability of Mayville Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mayville Engineering's price. Additionally, you may evaluate how the addition of Mayville Engineering to your portfolios can decrease your overall portfolio volatility.
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