Mayville Engineering (MEC) versus Its Competitors Financial Review

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

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%	32.24%	7.17%

Analyst Recommendations

This is a summary of current ratings and target prices for Mayville Engineering and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Mayville Engineering	0	0	3	1	3.25
Mayville Engineering Competitors	47	524	1039	24	2.64

Mayville Engineering currently has a consensus price target of $20.6667, suggesting a potential upside of 46.82%. As a group, “ENGINRG/R&D SVS” companies have a potential upside of 12.43%. Given Mayville Engineering’s stronger consensus rating and higher probable upside, research analysts clearly believe Mayville Engineering is more favorable than its rivals.

Risk & Volatility

Mayville Engineering has a beta of 1.19, meaning that its stock price is 19% more volatile than the S&P 500. Comparatively, Mayville Engineering’s rivals have a beta of 1.26, meaning that their average stock price is 26% more volatile than the S&P 500.

Institutional & Insider 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 large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Valuation and Earnings

This table compares Mayville Engineering and its rivals top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Mayville Engineering	$581.60 million	$25.97 million	16.56
Mayville Engineering Competitors	$8.30 billion	$330.08 million	31.41

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.

Summary

Mayville Engineering rivals 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.