Is Mayville Engineering Stock a Good Investment?
Mayville Engineering Investment Advice | MEC |
- Examine Mayville Engineering's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Mayville Engineering's leadership team and their track record. Good management can help Mayville Engineering navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact Mayville Engineering's business and its evolving consumer preferences.
- Compare Mayville Engineering's performance and market position to its competitors. Analyze how Mayville Engineering is positioned in terms of product offerings, innovation, and market share.
- Check if Mayville Engineering pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Mayville Engineering's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Mayville Engineering Co stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Mayville Engineering Co is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Mayville Engineering Stock
Researching Mayville Engineering's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 40.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.31. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Mayville Engineering had not issued any dividends in recent years. The entity had 1:2 split on the 26th of March 2004.
To determine if Mayville Engineering is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Mayville Engineering's research are outlined below:
| Mayville Engineering generated a negative expected return over the last 90 days | |
| About 63.0% of the company shares are owned by institutional investors |
Mayville Engineering uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Mayville Engineering Co. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Mayville Engineering's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Mayville Engineering's market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 304.5 M.Mayville Engineering's profitablity analysis
The company has Net Profit Margin of 0.02 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.05 %, which entails that for every 100 dollars of revenue, it generated $0.05 of operating income.Determining Mayville Engineering's profitability involves analyzing its financial statements and using various financial metrics to determine if Mayville Engineering is a good buy. For example, gross profit margin measures Mayville Engineering's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Mayville Engineering's profitability and make more informed investment decisions.
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.
Basic technical analysis of Mayville Stock
As of the 25th of February, Mayville Engineering secures the Mean Deviation of 1.41, risk adjusted performance of (0.06), and Standard Deviation of 1.7. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mayville Engineering, as well as the relationship between them.Mayville Engineering's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Mayville Engineering insiders, such as employees or executives, is commonly permitted as long as it does not rely on Mayville Engineering's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Mayville Engineering insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Mayville Engineering's Outstanding Corporate Bonds
Mayville Engineering issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Mayville Engineering uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Mayville bonds can be classified according to their maturity, which is the date when Mayville Engineering Co has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Understand Mayville Engineering's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Mayville Engineering's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | (0.19) | |||
| Mean Deviation | 1.41 | |||
| Coefficient Of Variation | (1,043) | |||
| Standard Deviation | 1.7 | |||
| Variance | 2.87 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.20) | |||
| Maximum Drawdown | 7.29 | |||
| Value At Risk | (3.46) | |||
| Potential Upside | 2.31 | |||
| Skewness | (0.31) | |||
| Kurtosis | (0.58) |
| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | (0.19) | |||
| Mean Deviation | 1.41 | |||
| Coefficient Of Variation | (1,043) | |||
| Standard Deviation | 1.7 | |||
| Variance | 2.87 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.20) | |||
| Maximum Drawdown | 7.29 | |||
| Value At Risk | (3.46) | |||
| Potential Upside | 2.31 | |||
| Skewness | (0.31) | |||
| Kurtosis | (0.58) |
Consider Mayville Engineering's intraday indicators
Mayville Engineering intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Mayville Engineering stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Mayville Engineering time-series forecasting models is one of many Mayville Engineering's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Mayville Engineering's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Mayville Stock media impact
Far too much social signal, news, headlines, and media speculation about Mayville Engineering that are available to investors today. That information is available publicly through Mayville media outlets and privately through word of mouth or via Mayville internal channels. However, regardless of the origin, that massive amount of Mayville data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Mayville Engineering news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Mayville Engineering relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Mayville Engineering's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Mayville Engineering alpha.
Mayville Engineering Corporate Executives
Elected by the shareholders, the Mayville Engineering's board of directors comprises two types of representatives: Mayville Engineering inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mayville. The board's role is to monitor Mayville Engineering's management team and ensure that shareholders' interests are well served. Mayville Engineering's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mayville Engineering's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Todd CPA | Secretary CFO | Profile | |
| Todd Butz | Chief Financial Officer, Secretary | Profile | |
| Randall Stille | Chief Operating Officer | Profile | |
| Steve Mance | Chief Operating Officer | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mayville Engineering Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.
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.
In summary, please note that there is a difference between Mayville Engineering's value and its price, as these two are different measures arrived at by various 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.