Mayville Engineering (NYSE:MEC – Get Free Report) is one of 25 publicly-traded companies in the “ENGINRG/R&D SVS” industry, but how does it compare to its rivals? We will compare Mayville Engineering to similar companies based on the strength of its earnings, institutional ownership, analyst recommendations, profitability, valuation, risk and dividends.
Volatility and Risk
Mayville Engineering has a beta of 1.16, meaning that its share price is 16% more volatile than the S&P 500. Comparatively, Mayville Engineering’s rivals have a beta of 1.27, meaning that their average share price is 27% more volatile than the S&P 500.
Insider and Institutional Ownership
45.4% of Mayville Engineering shares are held by institutional investors. Comparatively, 69.8% of shares of all “ENGINRG/R&D SVS” companies are held by institutional investors. 7.2% of Mayville Engineering shares are held by insiders. Comparatively, 5.9% of shares of all “ENGINRG/R&D SVS” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Valuation and Earnings
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 rivals have higher revenue and earnings than Mayville Engineering. Mayville Engineering is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Analyst Recommendations
This is a breakdown of recent ratings for Mayville Engineering and its rivals, as reported by MarketBeat.
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 presently 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, analysts clearly believe Mayville Engineering is more favorable than its rivals.
Profitability
This table compares Mayville Engineering and its rivals’ 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% |
Summary
Mayville Engineering rivals beat Mayville Engineering on 8 of the 13 factors compared.
Mayville Engineering Company Profile
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.
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