Risk factor
Weak & very vulnerable to price shocks
Profitability factor
Very low or no dividends
About
Mayville Engineering Company, Inc. (MEC), encompassing its various subsidiaries, functions as a leading contract manufacturer throughout the United States. This enterprise provides essential services to a diverse range of sectors, including heavy and medium-duty commercial vehicles, construction and access machinery, powersports, agriculture, and defense. Their comprehensive capabilities extend from initial prototyping and specialized tooling to full-scale production fabrication, advanced coating applications, final assembly, and the supply of aftermarket parts. Additionally, the company delivers custom-engineered components directly to original equipment manufacturers. Established in 1945, MEC is headquartered in Mayville, Wisconsin.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. In particular, the stock is overpriced on P/E, of fair value on EV/EBI
Target Price
The average target price of MEC is 32 and suggests 10% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to decrea