XNYSMEC
Market cap328mUSD
Dec 23, Last price
15.92USD
1D
-1.67%
1Q
-21.03%
IPO
-3.52%
Name
Mayville Engineering Company Inc
Chart & Performance
P/E
41.90
P/S
0.56
EPS
0.38
Div Yield, %
0.00%
Shrs. gr., 5y
1.00%
Rev. gr., 5y
10.66%
Revenues
588m
+9.09%
Net income
8m
-58.11%
CFO
40m
-23.01%
Earnings
Mar 03, 2025
Profile
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 provides a range of prototyping and tooling, production fabrication, coating, assembly, and aftermarket components. It also supplies engineered components to original equipment manufacturers. The company was founded in 1945 and is headquartered in Mayville, Wisconsin.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | |
| Income | |||||||
Revenues | 588,425 9.09% | 539,392 18.59% | 454,826 27.19% | ||||
Cost of revenue | 568,234 | 511,181 | 435,523 | ||||
Unusual Expense (Income) | |||||||
NOPBT | 20,191 | 28,211 | 19,303 | ||||
NOPBT Margin | 3.43% | 5.23% | 4.24% | ||||
Operating Taxes | 1,039 | 3,667 | (1,943) | ||||
Tax Rate | 5.15% | 13.00% | |||||
NOPAT | 19,152 | 24,544 | 21,246 | ||||
Net income | 7,844 -58.11% | 18,727 -351.34% | (7,451) 5.06% | ||||
Dividends | |||||||
Dividend yield | |||||||
Proceeds from repurchase of equity | (2,661) | (4,947) | (2,014) | ||||
BB yield | 0.89% | 1.89% | 0.66% | ||||
| Debt | |||||||
Debt current | 5,870 | 4,857 | 315 | ||||
Long-term debt | 210,247 | 140,875 | 69,709 | ||||
Deferred revenue | 25,117 | ||||||
Other long-term liabilities | 5,791 | 4,321 | 1,570 | ||||
Net debt | 215,445 | 145,605 | 78,547 | ||||
| Cash flow | |||||||
Cash from operating activities | 40,363 | 52,426 | 14,457 | ||||
CAPEX | (16,598) | (58,610) | (39,309) | ||||
Cash from investing activities | (104,132) | (50,668) | (33,961) | ||||
Cash from financing activities | 64,314 | (1,749) | 19,501 | ||||
FCF | (31,874) | (24,748) | (8,609) | ||||
| Balance | |||||||
Cash | 672 | 127 | 118 | ||||
Long term investments | (8,641) | ||||||
Excess cash | |||||||
Stockholders' equity | 34,118 | 26,274 | 7,547 | ||||
Invested Capital | 418,581 | 331,172 | 293,775 | ||||
ROIC | 5.11% | 7.85% | 7.48% | ||||
ROCE | 4.68% | 8.23% | 6.38% | ||||
| EV | |||||||
Common stock shares outstanding | 20,699 | 20,683 | 20,405 | ||||
Price | 14.42 13.90% | 12.66 -15.09% | 14.91 11.10% | ||||
Market cap | 298,479 13.99% | 261,842 -13.93% | 304,232 13.93% | ||||
EV | 513,924 | 407,447 | 382,779 | ||||
EBITDA | 55,271 | 57,522 | 51,086 | ||||
EV/EBITDA | 9.30 | 7.08 | 7.49 | ||||
Interest | 11,092 | 3,380 | 2,003 | ||||
Interest/NOPBT | 54.94% | 11.98% | 10.38% | ||||