Contrasting Mayville Engineering (MEC) and Its Rivals

Mayville Engineering (NYSE:MEC) is one of 25 public companies in the “ENGINRG/R&D SVS” industry, but how does it weigh in compared to its competitors? We will compare Mayville Engineering to related companies based on the strength of its analyst recommendations, profitability, valuation, risk, institutional ownership, earnings and dividends.

Insider and Institutional Ownership

45.4% of Mayville Engineering shares are owned by institutional investors. Comparatively, 69.8% of shares of all “ENGINRG/R&D SVS” companies are owned by institutional investors. 7.2% of Mayville Engineering shares are owned by company insiders. Comparatively, 5.9% of shares of all “ENGINRG/R&D SVS” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares Mayville Engineering and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Mayville Engineering	$581.60 million	$25.97 million	17.50
Mayville Engineering Competitors	$8.30 billion	$330.08 million	31.93

Mayville Engineering’s competitors have higher revenue and earnings than Mayville Engineering. Mayville Engineering is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Analyst Ratings

This is a summary of current ratings and recommmendations for Mayville Engineering and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Mayville Engineering	0	0	3	1	3.25
Mayville Engineering Competitors	48	527	1041	25	2.64

Mayville Engineering currently has a consensus price target of $20.67, indicating a potential upside of 38.90%. As a group, “ENGINRG/R&D SVS” companies have a potential upside of 10.70%. Given Mayville Engineering’s stronger consensus rating and higher possible upside, research analysts plainly believe Mayville Engineering is more favorable than its competitors.

Profitability

This table compares Mayville Engineering and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Mayville Engineering	3.41%	8.21%	4.52%
Mayville Engineering Competitors	6.89%	30.78%	7.17%

Volatility and Risk

Mayville Engineering has a beta of 1.16, suggesting that its stock price is 16% more volatile than the S&P 500. Comparatively, Mayville Engineering’s competitors have a beta of 1.27, suggesting that their average stock price is 27% more volatile than the S&P 500.

Summary

Mayville Engineering competitors beat Mayville Engineering on 8 of the 13 factors compared.

About Mayville Engineering

Mayville Engineering Company, Inc., together with its subsidiaries, engages in the production, design, prototyping and tooling, fabrication, aluminum extrusion, coating, and assembling of aftermarket components in the United States. It also supplies engineered components to original equipment manufacturers. The company serves heavy and medium duty commercial vehicles, construction and access equipment, powersports, agriculture, military, and other end markets. Mayville Engineering Company, Inc. was founded in 1945 and is headquartered in Milwaukee, Wisconsin.