Lumida
/MEC
⌘K
Mayville Engineering Company Inc

Mayville Engineering Company Inc

MEC
$19.10USD+1.06%+0.20 today

MARKET CAP

487.1M

P/E (TTM)

FWD P/E

43.3x

DAY RANGE

$19 – $20

52W RANGE

$12
$39

AI Summary

Stalk
StalkMedium

MEC remains in a Stage 2 advancing trend with clear higher highs and lows, reinforced by the active Parabola pattern signaling strong acceleration and aggressive demand. Medium- and long-term biases stay bullish under the uptrend structure, but price is currently extended above the rising EMAs and showing extreme overbought readings. Execution should be deferred and waited for a pullback into the rising EMA zone to align timing. The primary risk is a swift distribution phase from overextension that could break the EMA support and delay further upside.

  • Q2 sales rose 23.2% YoY to $163M, led by 173% data center growth
  • Qualified opportunity pipeline exceeds $125M in high-margin projects
  • Adjusted EBITDA margin fell to 8.1% from 10.3% YoY amid rising costs
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$454.8M$539.4M$588.4M$581.6M$546.5M
YoY %+27.2%+18.6%+9.1%-1.2%-6.0%
P / Sales0.7x0.5x0.5x0.6x0.7x
EV / Sales1.1x0.9x0.9x0.9x1.3x
Gross Profit, Adj.$51.4M$61.1M$69.7M$71.1M$54.0M
YoY %+63.1%+18.9%+14.1%+2.0%-24.0%
Margin %11.3%11.3%11.8%12.2%9.9%
EV / Gross Profit9.6x7.9x8.0x7.4x13.0x
EBITDA, Adj.$40.5M$50.7M$55.3M$56.6M$37.4M
YoY %+58.4%+25.1%+8.9%+2.5%-33.9%
Margin %8.9%9.4%9.4%9.7%6.9%
EV / EBITDA12.1x9.6x10.1x9.2x18.8x
EBIT$-7.4M$25.8M$20.2M$44.6M$-3.8M
YoY %-13.7%+448.7%-21.7%+120.7%-108.6%
Margin %-1.6%4.8%3.4%7.7%-0.7%
EV / EBIT-66.5x18.8x27.6x11.7x-183.3x
Net Income$-7.5M$18.7M$7.8M$26.0M$-8.1M
YoY %-5.1%+351.3%-58.1%+231.1%-131.2%
Net Margin-1.6%3.5%1.3%4.5%-1.5%
EPS (GAAP)-$0.36$0.91$0.38$1.24-$0.40
YoY %+352.8%-58.2%+226.3%-132.3%