Eric Mellen - Gencor Industries CFO and Treasurer

GENC Stock  USD 22.34  0.73  3.38%   

CFO

Mr. Eric E. Mellen is a Chief Financial Officer, Treasurer of Gencor Industries, Inc., Previously, Mr. Mellen was Director of Corporationrationrate Development for Gencor Industries, Inc. From 1992 to 2002, Mr. Mellen worked at PricewaterhouseCoopers where he was a key member of the corporate finance, global strategy, and investment teams. Mr. Mellen worked on the due diligence and integration teams for the Price Waterhouse and Coopers Lybrand merger, as well as the sale of PricewaterhouseCoopers Consulting to IBM Corporation in 2002. He worked in corporate finance at IBM Corporation from 2002 to 2008. Mr. Mellens responsibilities included pricing and financial management, as well as managing the worldwide budget of IBMs Business Consulting Division. Mr. Mellens business valuation and financial advisory experience from 2008 to 2011 includes valuation and strategic planning of numerous companies across a variety of manufacturing and service industries since 2014.
Age 55
Tenure 10 years
Professional MarksMBA
Address 5201 North Orange Blossom Trail, Orlando, FL, United States, 32810
Phone407 290 6000
Webhttps://www.gencor.com
Mellen holds a BS in Finance and Management and an MBA and brings over 25 years of financial management experience.

Gencor Industries Management Efficiency

The company has return on total asset (ROA) of 0.0483 % which means that it generated a profit of $0.0483 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0869 %, meaning that it created $0.0869 on every $100 dollars invested by stockholders. Gencor Industries' management efficiency ratios could be used to measure how well Gencor Industries manages its routine affairs as well as how well it operates its assets and liabilities. At present, Gencor Industries' Return On Capital Employed is projected to increase slightly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.04, whereas Return On Equity is forecasted to decline to 0.15. At present, Gencor Industries' Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 360 K, whereas Other Current Assets are forecasted to decline to about 2.1 M.
Gencor Industries currently holds 328 K in liabilities with Debt to Equity (D/E) ratio of 0.0, which may suggest the company is not taking enough advantage from borrowing. Gencor Industries has a current ratio of 11.09, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Gencor Industries' use of debt, we should always consider it together with its cash and equity.

Similar Executives

Found 5 records

CFO Age

Gregory CPAColumbus McKinnon
64
Roberto ChiesaManitex International
N/A
David GranseeManitex International
72
Joseph CPAManitex International
60
Gregory RustowiczColumbus McKinnon
64
Gencor Industries, Inc., together with its subsidiaries, designs, manufactures, and sells heavy machinery used in the production of highway construction materials and environmental control equipment. Gencor Industries, Inc. was founded in 1894 and is based in Orlando, Florida. Gencor Industries operates under Farm Heavy Construction Machinery classification in the United States and is traded on AMEX Exchange. It employs 380 people. Gencor Industries (GENC) is traded on NYSE MKT Exchange in USA. It is located in 5201 North Orange Blossom Trail, Orlando, FL, United States, 32810 and employs 314 people. Gencor Industries is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

Gencor Industries Leadership Team

Elected by the shareholders, the Gencor Industries' board of directors comprises two types of representatives: Gencor Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gencor. The board's role is to monitor Gencor Industries' management team and ensure that shareholders' interests are well served. Gencor Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Gencor Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
E Elliott, Chairman, CEO, Member of Nominating Committee and Member of Executive Committee
Marc Elliott, President, Director, Member of Executive Committee and Member of Nominating Committee
Lawrence Maingot, VP Controller
Eric Mellen, CFO and Treasurer
Dennis Hunt, Sr. VP of Sales and Marketing
Jeanne Lyons, Corporate Secretary

Gencor Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Gencor Industries a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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 Gencor Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gencor Industries' 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 Gencor Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gencor Industries Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gencor Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Gencor Stock refer to our How to Trade Gencor Stock guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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 Gencor Industries. If investors know Gencor 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 Gencor Industries 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
(0.20)
Earnings Share
1.1
Revenue Per Share
7.717
Quarterly Revenue Growth
(0.08)
Return On Assets
0.0483
The market value of Gencor Industries is measured differently than its book value, which is the value of Gencor that is recorded on the company's balance sheet. Investors also form their own opinion of Gencor Industries' value that differs from its market value or its book value, called intrinsic value, which is Gencor Industries' 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 Gencor Industries' market value can be influenced by many factors that don't directly affect Gencor Industries' 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 Gencor Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Gencor Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gencor Industries' 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.