Mayville Engineering Valuation

MEC Stock  USD 19.63  0.17  0.86%   
At this time, the firm appears to be undervalued. Mayville Engineering secures a last-minute Real Value of $21.53 per share. The latest price of the firm is $19.63. Our model forecasts the value of Mayville Engineering from analyzing the firm fundamentals such as Current Valuation of 643.7 M, profit margin of 0.02 %, and Return On Equity of 0.0506 as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Mayville Engineering's valuation include:
Price Book
1.6311
Enterprise Value
643.7 M
Enterprise Value Ebitda
9.9905
Price Sales
0.7541
Forward PE
22.0751
Undervalued
Today
19.63
Please note that Mayville Engineering's price fluctuation is not too volatile at this time. Calculation of the real value of Mayville Engineering is based on 3 months time horizon. Increasing Mayville Engineering's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Mayville Engineering is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mayville Stock. However, Mayville Engineering's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  19.63 Real  21.53 Target  24.6 Hype  19.54 Naive  20.52
The real value of Mayville Stock, also known as its intrinsic value, is the underlying worth of Mayville Engineering Company, which is reflected in its stock price. It is based on Mayville Engineering's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Mayville Engineering's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
21.53
Real Value
24.23
Upside
Estimating the potential upside or downside of Mayville Engineering Co helps investors to forecast how Mayville stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Mayville Engineering more accurately as focusing exclusively on Mayville Engineering's fundamentals will not take into account other important factors:
Earnings
Estimates
LowProjectedHigh
0.030.100.14
Details
Hype
Prediction
LowEstimatedHigh
16.8419.5422.24
Details
Naive
Forecast
LowNext ValueHigh
17.8120.5223.22
Details
3 Analysts
Consensus
LowTarget PriceHigh
22.3924.6027.31
Details
Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Mayville Engineering's intrinsic value based on its ongoing forecasts of Mayville Engineering's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Mayville Engineering's closest peers. If more than one evaluation category is relevant for Mayville Engineering we suggest using both methods to arrive at a better estimate.

Mayville Engineering Cash

176,130

Mayville Revenue by Product

Mayville Engineering Total Value Analysis

Mayville Engineering Co is now forecasted to have company total value of 643.7 M with market capitalization of 402.3 M, debt of 110.05 M, and cash on hands of 206 K. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the Mayville Engineering fundamentals before making security assessment based on enterprise value of the company
  Takeover PriceMarket CapDebt ObligationsCash
643.7 M
402.3 M
110.05 M
206 K

Mayville Engineering Investor Information

About 37.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.63. 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. Mayville Engineering Co is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in March.
Current ValueLast YearChange From Last Year 10 Year Trend
Total Cash From Operating Activities108.4 M103.3 M
Sufficiently Up
Slightly volatile

Mayville Engineering Asset Utilization

The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The latest return on assets of Mayville indicates not a very effective usage of assets in February.
 
Covid
 
Interest Hikes

Mayville Engineering Profitability Analysis

Considering the key profitability indicators obtained from Mayville Engineering's historical financial statements, Mayville Engineering Co is performing exceptionally good at this time. It has a great probability to showcase excellent profitability results in March. Profitability indicators assess Mayville Engineering's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
2018-03-31
Previous Quarter
-1.1 M
Current Value
-2.7 M
Quarterly Volatility
5.9 M
 
Covid
 
Interest Hikes
At present, Mayville Engineering's Operating Profit Margin is projected to increase slightly based on the last few years of reporting. The current year's Net Profit Margin is expected to grow to 0.04, whereas Gross Profit is forecasted to decline to about 59 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.130.14
Significantly Down
Slightly volatile
For Mayville Engineering profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mayville Engineering to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mayville Engineering utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mayville Engineering's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mayville Engineering over time as well as its relative position and ranking within its peers.

Mayville Engineering Earnings per Share Projection vs Actual

The next projected EPS of Mayville Engineering is estimated to be 0.10475 with future projections ranging from a low of 0.0275 to a high of 0.14. Mayville Engineering's most recent 12-month trailing earnings per share (EPS TTM) is at 0.58. Please be aware that the consensus of earnings estimates for Mayville Engineering Co is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
Covid
 
Interest Hikes
Mayville Engineering is projected to generate 0.10475 in earnings per share on the 31st of December 2026. Mayville Engineering earnings estimates show analyst consensus about projected Mayville Engineering EPS (Earning Per Share). It derives the highest and the lowest estimates based on Mayville Engineering's historical volatility. Many public companies, such as Mayville Engineering, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Mayville Engineering Earnings Estimation Breakdown

The calculation of Mayville Engineering's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Mayville Engineering is estimated to be 0.10475 with the future projection ranging from a low of 0.0275 to a high of 0.14. Please be aware that this consensus of annual earnings estimates for Mayville Engineering Co is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.0
0.03
Lowest
Expected EPS
0.10475
0.14
Highest

Mayville Engineering Earnings Projection Consensus

Suppose the current estimates of Mayville Engineering's value are higher than the current market price of the Mayville Engineering stock. In this case, investors may conclude that Mayville Engineering is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Mayville Engineering's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2026Current EPS (TTM)
560.94%
0.0
0.10475
0.58

Mayville Engineering Ownership Allocation

Mayville Engineering maintains a total of 20.32 Million outstanding shares. Over half of Mayville Engineering's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Also note that almost one hundred twenty-one thousand nine hundred ten invesors are currently shorting Mayville Engineering expressing very little confidence in its future performance.

Mayville Engineering Profitability Analysis

The company reported the last year's revenue of 581.6 M. Total Income to common stockholders was 25.97 M with profit before taxes, overhead, and interest of 63.95 M.
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Mayville Engineering's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Mayville Engineering and how it compares across the competition.

About Mayville Engineering Valuation

The stock valuation mechanism determines Mayville Engineering's current worth on a weekly basis. Our valuation model uses a comparative analysis of Mayville Engineering. We calculate exposure to Mayville Engineering's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Mayville Engineering's related companies.
Last ReportedProjected for Next Year
Gross Profit81.8 M59 M
Pretax Profit Margin 0.05  0.05 
Operating Profit Margin 0.07  0.07 
Net Profit Margin 0.04  0.04 
Gross Profit Margin 0.14  0.13 

Mayville Engineering Growth Indicators

Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines.
Common Stock Shares Outstanding21 M
Quarterly Earnings Growth Y O Y-0.994
Forward Price Earnings22.0751

Mayville Engineering Current Valuation Indicators

Valuation refers to the process of determining the present value of Mayville Engineering Co and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value Mayville we look at many different elements of the entity such as Mayville's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Mayville Engineering, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Mayville Engineering's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Mayville Engineering's worth.

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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