Mayville Engineering Co Stock Piotroski F Score

MEC Stock  USD 15.09  0.34  2.31%   
This module uses fundamental data of Mayville Engineering to approximate its Piotroski F score. Mayville Engineering F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Mayville Engineering Co. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Mayville Engineering financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Mayville Engineering Altman Z Score, Mayville Engineering Correlation, Mayville Engineering Valuation, as well as analyze Mayville Engineering Alpha and Beta and Mayville Engineering Hype Analysis.
  
At present, Mayville Engineering's Cash Flow To Debt Ratio is projected to slightly decrease based on the last few years of reporting. At present, Mayville Engineering's PTB Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Free Cash Flow Yield is expected to grow to 0.1, whereas Days Sales Outstanding is forecasted to decline to 31.44.
At this time, it appears that Mayville Engineering's Piotroski F Score is Unavailable. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
5.0
Piotroski F Score - Unavailable
Current Return On Assets

Positive

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Mayville Engineering Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Mayville Engineering is to make sure Mayville is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Mayville Engineering's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Mayville Engineering's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.331.36
Fairly Down
Slightly volatile
Gross Profit Margin0.120.14
Fairly Down
Slightly volatile
Net Debt115.8 M208.6 M
Way Down
Slightly volatile
Total Current Liabilities75 M82.5 M
Significantly Down
Slightly volatile
Non Current Liabilities Total142.9 M224.2 M
Way Down
Slightly volatile
Total Assets413.4 M571.2 M
Way Down
Slightly volatile
Total Current Assets120.2 M154.8 M
Significantly Down
Slightly volatile
Total Cash From Operating Activities38.5 M46.4 M
Significantly Down
Slightly volatile

Mayville Engineering F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Mayville Engineering's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Mayville Engineering in a much-optimized way.

About Mayville Engineering Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Common Stock Shares Outstanding

21.77 Million

At present, Mayville Engineering's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting.

Mayville Engineering Current Valuation Drivers

We derive many important indicators used in calculating different scores of Mayville Engineering from analyzing Mayville Engineering's financial statements. These drivers represent accounts that assess Mayville Engineering's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Mayville Engineering's important valuation drivers and their relationship over time.
202020212022202320242025 (projected)
Market Cap267.0M304.2M258.3M294.4M338.5M304.3M
Enterprise Value314.9M372.9M367.1M475.8M428.2M305.5M

Mayville Engineering ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Mayville Engineering's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Mayville Engineering's managers, analysts, and investors.
Environmental
Governance
Social

About Mayville Engineering Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Mayville Engineering Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mayville Engineering using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mayville Engineering Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Mayville Engineering offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mayville Engineering's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mayville Engineering Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mayville Engineering Co Stock:
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mayville Engineering. If investors know Mayville will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mayville Engineering listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1
Earnings Share
0.59
Revenue Per Share
29.624
Quarterly Revenue Growth
(0.14)
Return On Assets
0.0313
The market value of Mayville Engineering is measured differently than its book value, which is the value of Mayville that is recorded on the company's balance sheet. Investors also form their own opinion of Mayville Engineering's value that differs from its market value or its book value, called intrinsic value, which is Mayville Engineering's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mayville Engineering's market value can be influenced by many factors that don't directly affect Mayville Engineering's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mayville Engineering's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mayville Engineering is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mayville Engineering's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.