Mayville Engineering Co Stock Performance
| MEC Stock | USD 13.94 0.05 0.36% |
The company secures a Beta (Market Risk) of 0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mayville Engineering's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mayville Engineering is expected to be smaller as well. At this point, Mayville Engineering has a negative expected return of -0.19%. Please make sure to verify Mayville Engineering's accumulation distribution, as well as the relationship between the day median price and period momentum indicator , to decide if Mayville Engineering performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Mayville Engineering Co has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Stock's technical and fundamental indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for the firm shareholders. ...more
| Begin Period Cash Flow | 672 K |
Mayville |
Mayville Engineering Relative Risk vs. Return Landscape
If you would invest 1,585 in Mayville Engineering Co on December 24, 2024 and sell it today you would lose (191.00) from holding Mayville Engineering Co or give up 12.05% of portfolio value over 90 days. Mayville Engineering Co is generating negative expected returns assuming volatility of 1.9922% on return distribution over 90 days investment horizon. In other words, 17% of stocks are less volatile than Mayville, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Mayville Engineering Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mayville Engineering's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Mayville Engineering Co, and traders can use it to determine the average amount a Mayville Engineering's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0956
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| Negative Returns | MEC |
Estimated Market Risk
| 1.99 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mayville Engineering is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mayville Engineering by adding Mayville Engineering to a well-diversified portfolio.
Mayville Engineering Fundamentals Growth
Mayville Stock prices reflect investors' perceptions of the future prospects and financial health of Mayville Engineering, and Mayville Engineering fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Mayville Stock performance.
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0281 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 395.52 M | ||||
| Shares Outstanding | 20.42 M | ||||
| Price To Earning | 86.23 X | ||||
| Price To Book | 1.13 X | ||||
| Price To Sales | 0.49 X | ||||
| Revenue | 581.6 M | ||||
| EBITDA | 44.55 M | ||||
| Cash And Equivalents | 127 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 25.41 M | ||||
| Debt To Equity | 0.51 % | ||||
| Book Value Per Share | 12.33 X | ||||
| Cash Flow From Operations | 89.81 M | ||||
| Earnings Per Share | 1.24 X | ||||
| Total Asset | 445.57 M | ||||
| Retained Earnings | 60.09 M | ||||
| Current Asset | 84.99 M | ||||
| Current Liabilities | 58.23 M | ||||
About Mayville Engineering Performance
By analyzing Mayville Engineering's fundamental ratios, stakeholders can gain valuable insights into Mayville Engineering's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Mayville Engineering has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Mayville Engineering has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about Mayville Engineering performance evaluation
Checking the ongoing alerts about Mayville Engineering for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Mayville Engineering help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mayville Engineering generated a negative expected return over the last 90 days | |
| About 64.0% of the company shares are owned by institutional investors |
- Analyzing Mayville Engineering's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Mayville Engineering's stock is overvalued or undervalued compared to its peers.
- Examining Mayville Engineering's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Mayville Engineering's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mayville Engineering's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mayville Engineering's stock. These opinions can provide insight into Mayville Engineering's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Mayville Stock analysis
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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