Mayville Engineering Co Stock Buy Hold or Sell Recommendation
| MEC Stock | USD 16.75 0.11 0.66% |
Considering the 90-day investment horizon and your conservative risk appetite, our recommendation regarding Mayville Engineering Co is 'Strong Sell'. Macroaxis provides Mayville Engineering buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MEC positions.
Check out Mayville Engineering Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Mayville and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Mayville Engineering Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Mayville |
Execute Mayville Engineering Buy or Sell Advice
The Mayville recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Mayville Engineering Co. Macroaxis does not own or have any residual interests in Mayville Engineering Co or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Mayville Engineering's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Mayville Engineering Trading Alerts and Improvement Suggestions
| Mayville Engineering generated a negative expected return over the last 90 days | |
| Mayville Engineering has high historical volatility and very poor performance | |
| Mayville Engineering has a frail financial position based on the latest SEC disclosures | |
| About 58.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: VEEA and MARQUEE Wireless Announce a Strategic Partnership that Extends Cellular Networks with Groundbreaking Smart City and Smart Energy Applications |
Mayville Engineering Returns Distribution Density
The distribution of Mayville Engineering's historical returns is an attempt to chart the uncertainty of Mayville Engineering's future price movements. The chart of the probability distribution of Mayville Engineering daily returns describes the distribution of returns around its average expected value. We use Mayville Engineering Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Mayville Engineering returns is essential to provide solid investment advice for Mayville Engineering.
| Mean Return | -0.16 | Value At Risk | -2.95 | Potential Upside | 4.55 | Standard Deviation | 3.39 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Mayville Engineering historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Mayville Stock Institutional Investors
| Shares | Jb Capital Partners Lp | 2024-09-30 | 241.6 K | State Street Corp | 2024-06-30 | 236.7 K | Ubs Group Ag | 2024-06-30 | 220.5 K | Bridgeway Capital Management, Llc | 2024-09-30 | 211.4 K | Advisor Group Holdings, Inc. | 2024-06-30 | 178.2 K | Acadian Asset Management Llc | 2024-06-30 | 176.8 K | Bank Of America Corp | 2024-06-30 | 165.5 K | Blair William & Co | 2024-06-30 | 157.2 K | Globeflex Capital, L.p. | 2024-09-30 | 144.4 K | Allspring Global Investments Holdings, Llc | 2024-06-30 | 2.6 M | Blackrock Inc | 2024-06-30 | 849.6 K |
Mayville Engineering Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 8.9M | 4.2M | (27.9M) | (1.6M) | 16.0M | 16.8M | |
| Investments | (28.1M) | (5.8M) | (34.0M) | (50.7M) | (117.3M) | (111.4M) | |
| Change In Cash | (3.1M) | 120K | (3K) | 9K | 545K | 572.3K | |
| Net Borrowings | (107.6M) | (27.5M) | 21.5M | 3.5M | 3.2M | 3.3M | |
| Free Cash Flow | 7.6M | 28.7M | (24.9M) | (6.2M) | 23.8M | 25.0M | |
| Depreciation | 33.0M | 32.1M | 31.8M | 29.3M | 35.1M | 31.8M | |
| Other Non Cash Items | (5.7M) | 358K | 325K | (8.6M) | (13.0M) | (12.3M) | |
| Capital Expenditures | 25.8M | 7.8M | 39.3M | 58.6M | 16.6M | 27.9M | |
| Net Income | (4.8M) | (7.1M) | (7.5M) | 18.7M | 7.8M | 4.8M | |
| End Period Cash Flow | 1K | 121K | 118K | 127K | 672K | 480.5K | |
| Change To Netincome | 8.5M | 1.7M | 18.7M | 8.6M | 9.8M | 8.1M |
Mayville Engineering Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Mayville Engineering or Machinery sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Mayville Engineering's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Mayville stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | -0.55 | |
σ | Overall volatility | 3.46 | |
Ir | Information ratio | -0.09 |
Mayville Engineering Volatility Alert
Mayville Engineering Co exhibits very low volatility with skewness of -2.78 and kurtosis of 16.25. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Mayville Engineering's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Mayville Engineering's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Mayville Engineering Fundamentals Vs Peers
Comparing Mayville Engineering's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Mayville Engineering's direct or indirect competition across all of the common fundamentals between Mayville Engineering and the related equities. This way, we can detect undervalued stocks with similar characteristics as Mayville Engineering or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Mayville Engineering's fundamental indicators could also be used in its relative valuation, which is a method of valuing Mayville Engineering by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Mayville Engineering to competition |
| Fundamentals | Mayville Engineering | Peer Average |
| Return On Equity | 0.0525 | -0.31 |
| Return On Asset | 0.0313 | -0.14 |
| Profit Margin | 0.02 % | (1.27) % |
| Operating Margin | 0.05 % | (5.51) % |
| Current Valuation | 486.88 M | 16.62 B |
| Shares Outstanding | 20.64 M | 571.82 M |
| Shares Owned By Insiders | 39.54 % | 10.09 % |
| Shares Owned By Institutions | 57.84 % | 39.21 % |
| Number Of Shares Shorted | 206.77 K | 4.71 M |
| Price To Earning | 86.23 X | 28.72 X |
| Price To Book | 1.45 X | 9.51 X |
| Price To Sales | 0.57 X | 11.42 X |
| Revenue | 588.42 M | 9.43 B |
| Gross Profit | 66.9 M | 27.38 B |
| EBITDA | 55.05 M | 3.9 B |
| Net Income | 7.84 M | 570.98 M |
| Cash And Equivalents | 127 K | 2.7 B |
| Cash Per Share | 0.01 X | 5.01 X |
| Total Debt | 182.08 M | 5.32 B |
| Debt To Equity | 0.51 % | 48.70 % |
| Current Ratio | 1.38 X | 2.16 X |
| Book Value Per Share | 11.55 X | 1.93 K |
| Cash Flow From Operations | 40.36 M | 971.22 M |
| Short Ratio | 1.23 X | 4.00 X |
| Earnings Per Share | 0.59 X | 3.12 X |
| Target Price | 19.67 | |
| Number Of Employees | 2.5 K | 18.84 K |
| Beta | 0.97 | -0.15 |
| Market Capitalization | 345.79 M | 19.03 B |
| Total Asset | 496.66 M | 29.47 B |
| Retained Earnings | 34.12 M | 9.33 B |
| Working Capital | 62.91 M | 1.48 B |
| Current Asset | 84.99 M | 9.34 B |
Note: Acquisition by Sean Leuba of 12331 shares of Mayville Engineering subject to Rule 16b-3 [view details]
Mayville Engineering Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Mayville . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Mayville Engineering Buy or Sell Advice
When is the right time to buy or sell Mayville Engineering Co? Buying financial instruments such as Mayville Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Mayville Engineering Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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 Mayville Engineering. If investors know Mayville 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 Mayville Engineering 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 1 | Earnings Share 0.59 | Revenue Per Share 29.624 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0313 |
The market value of Mayville Engineering is measured differently than its book value, which is the value of Mayville that is recorded on the company's balance sheet. Investors also form their own opinion of Mayville Engineering's value that differs from its market value or its book value, called intrinsic value, which is Mayville Engineering's 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 Mayville Engineering's market value can be influenced by many factors that don't directly affect Mayville Engineering's 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 Mayville Engineering's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mayville Engineering is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mayville Engineering's 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.