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Mayville Engineering Co

Mayville Engineering Co share price today

(MEC)

Mayville Engineering Co share price is $16.05 & ₹1,368.58 as on 27 Dec 2024, 2.30 'hrs' IST

$16.05

▲

0.2

(1.26%)

Market is closed - opens 8 PM, 27 Dec 2024

View live Mayville Engineering Co share price in Dollar and Rupees. Guide to invest in Mayville Engineering Co from India. Also see the sentimental analysis on Indian investors investing in Mayville Engineering Co. Get details on the Indian mutual funds that are investing in Mayville Engineering Co. Get Analyst recommendations and forecasts along with all the Mayville Engineering Co's financials.

Mayville Engineering Co share price movements

Today's Low: $15.76
Today's High: $16.05
$16.05
1.84%
Downside
Day's Volatility :1.84%
Upside
0.0%
52 Weeks Low: $11.07
52 Weeks High: $23.02
$16.05
31.03%
Downside
52 Weeks Volatility :51.91%
Upside
30.28%

Mayville Engineering Co Returns

Period	Mayville Engineering Co Inc	Sector (Industrials)	Index (Russel 2000)
3 Months	-26.14%	-0.4%	0.0%
6 Months	-4.86%	10.2%	0.0%
1 Year	8.49%	17.8%	0.0%
3 Years	11.78%	29.1%	-21.1%

Mayville Engineering Co Key Statistics

in dollars & INR

Previous Close	$15.85
Open	$15.95
Today's High	$16.05
Today's Low	$15.755
Market Capitalization	$327.2M
Today's Volume	$90.8K
52 Week High	$23.02
52 Week Low	$11.07
Revenue TTM	$608.9M
EBITDA	$62.2M
Earnings Per Share (EPS)	$0.59
PE Ratio	26.86
Profit Margin	2.01%
Quarterly Earnings Growth YOY	1.0%
Return On Equity TTM	5.25%

How to invest in Mayville Engineering Co from India?

It is very easy for Indian residents to invest directly in Mayville Engineering Co from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Mayville Engineering Co stock in both Indian Rupees (INR) and US Dollars (USD). Search for Mayville Engineering Co or MEC on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Mayville Engineering Co or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Mayville Engineering Co shares which would translate to 0.053 fractional shares of Mayville Engineering Co as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Mayville Engineering Co, in just a few clicks!

Returns in Mayville Engineering Co for Indian investors in Rupees

Investment Value

₹1,00,000

Mayville Engineering Co investment value today

Current value as on today

₹1,12,181

Returns

₹12,181

(+12.18%)

Returns from Mayville Engineering Co Stock

₹9,856 (+9.86%)

Dollar Returns

₹2,325 (+2.33%)

Indian investors sentiment towards Mayville Engineering Co

-25%

Period: Sep 27, 2024 to Dec 26, 2024. Change in 30 Days versus previous period

Search volume for Mayville Engineering Co on INDmoney from India has reduced in the last 30 days as on Dec 27, 2024. -25% less investors are searching Mayville Engineering Co in the last 30 days versus the previous period.

Global Institutional Holdings in Mayville Engineering Co

Allspring Global Investments Holdings, LLC
11.99%
BlackRock Inc
4.12%
Tocqueville Asset Management L.P.
3.05%
Dimensional Fund Advisors, Inc.
3.00%
Vanguard Group Inc
2.77%
Royce & Associates, LP
2.72%

Analyst Recommendation on Mayville Engineering Co

Buy

77%Buy

22%Hold

0%Sell

Based on 9 Wall street analysts offering stock ratings for Mayville Engineering Co(by analysts ranked 0 to 5 stars)

Based on 9 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Mayville Engineering Co

What analysts predicted

Upside of 30.84%

Current:

$16.05

Target:

$21.00

Insights on Mayville Engineering Co

Price Movement
In the last 3 months, MEC stock has moved down by -21.7%
Decreasing Revenue
Revenue is down for the last 2 quarters, 163.63M → 135.39M (in $), with an average decrease of 17.3% per quarter
Decreasing Net Profit
Netprofit is down for the last 2 quarters, 3.78M → 2.97M (in $), with an average decrease of 21.4% per quarter
MEC vs CRS (1 yr)
In the last 1 year, Carpenter Technology Corp. has given 143.0% return, outperforming this stock by 132.5%
MEC vs CRS (3 yr)
In the last 3 years, Carpenter Technology Corp. has given 502.2% return, outperforming this stock by 491.9%
Price to Sales
ForMEC every $1 of sales, investors are willing to pay $0.5, whereas for Carpenter Technology Corp., the investors are paying $3.1 for every $1 of sales.

Mayville Engineering Co Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$354.5M	↑ 13.15%
Net Income	$17.9M	↑ 241.88%
Net Profit Margin	5.06%	↑ 3.39%

	FY19	Y/Y Change
Revenue	$519.7M	↑ 46.59%
Net Income	$-4.8M	↓ 126.5%
Net Profit Margin	-0.91%	↓ 5.97%

	FY20	Y/Y Change
Revenue	$357.6M	↓ 31.19%
Net Income	$-7.1M	↑ 49.24%
Net Profit Margin	-1.98%	↓ 1.07%

	FY21	Y/Y Change
Revenue	$454.8M	↑ 27.19%
Net Income	$-7.5M	↑ 5.06%
Net Profit Margin	-1.64%	↑ 0.34%

	FY22	Y/Y Change
Revenue	$539.4M	↑ 18.59%
Net Income	$18.7M	↓ 351.34%
Net Profit Margin	3.47%	↑ 5.11%

	FY23	Y/Y Change
Revenue	$588.4M	↑ 9.09%
Net Income	$7.8M	↓ 58.11%
Net Profit Margin	1.33%	↓ 2.14%

	Q2 FY23	Q/Q Change
Revenue	$139.0M	↓ 2.57%
Net Income	$1.6M	↓ 37.22%
Net Profit Margin	1.16%	↓ 0.64%

	Q3 FY23	Q/Q Change
Revenue	$158.2M	↑ 13.84%
Net Income	$1.4M	↓ 11.28%
Net Profit Margin	0.91%	↓ 0.25%

	Q4 FY23	Q/Q Change
Revenue	$148.6M	↓ 6.09%
Net Income	$2.2M	↑ 55.52%
Net Profit Margin	1.5%	↑ 0.59%

	Q1 FY24	Q/Q Change
Revenue	$161.3M	↑ 8.54%
Net Income	$3.2M	↑ 45.53%
Net Profit Margin	2.01%	↑ 0.51%

	Q2 FY24	Q/Q Change
Revenue	$163.6M	↑ 1.47%
Net Income	$3.8M	↑ 16.69%
Net Profit Margin	2.31%	↑ 0.3%

	Q3 FY24	Q/Q Change
Revenue	$135.4M	↓ 17.26%
Net Income	$3.0M	↓ 21.36%
Net Profit Margin	2.2%	↓ 0.11%

	FY18	Y/Y Change
Profit	$50.6M	↑ 45.6%

	FY19	Y/Y Change
Profit	$58.7M	↑ 16.09%

	FY20	Y/Y Change
Profit	$31.5M	↓ 46.35%

	FY21	Y/Y Change
Profit	$51.4M	↑ 63.09%

	FY22	Y/Y Change
Profit	$61.1M	↑ 18.87%

	FY23	Y/Y Change
Profit	$62.0M	↑ 1.46%

	Q2 FY23	Q/Q Change
Profit	$16.1M	↓ 1.72%

	Q3 FY23	Q/Q Change
Profit	$19.0M	↑ 18.17%

	Q4 FY23	Q/Q Change
Profit	$16.1M	↓ 15.26%

	Q1 FY24	Q/Q Change
Profit	$19.2M	↑ 19.12%

	Q2 FY24	Q/Q Change
Profit	$20.5M	↑ 7.0%

	Q3 FY24	Q/Q Change
Profit	$15.4M	↓ 25.22%

	FY18	Y/Y Change
Operating Cash Flow	$36.7M	↑ 19.2%
Investing Cash Flow	$-132.6M	↑ 1079.96%
Financing Cash Flow	$98.9M	↓ 603.58%

	FY19	Y/Y Change
Operating Cash Flow	$33.4M	↓ 9.02%
Investing Cash Flow	$-28.1M	↓ 78.81%
Financing Cash Flow	$-8.4M	↓ 108.5%

	FY20	Y/Y Change
Operating Cash Flow	$36.5M	↑ 9.34%
Investing Cash Flow	$-5.8M	↓ 79.44%
Financing Cash Flow	$-30.6M	↑ 264.63%

	FY21	Y/Y Change
Operating Cash Flow	$14.5M	↓ 60.42%
Investing Cash Flow	$-34.0M	↑ 488.17%
Financing Cash Flow	$19.5M	↓ 163.67%

	FY22	Y/Y Change
Operating Cash Flow	$52.4M	↑ 262.63%
Investing Cash Flow	$-50.7M	↑ 49.19%
Financing Cash Flow	$-1.7M	↓ 108.97%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$178.0K	↓ 102.95%
Investing Cash Flow	$-3.9M	↑ 73.48%
Financing Cash Flow	$93.7M	↑ 1029.72%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$19.6M	↑ 10889.33%
Investing Cash Flow	$-97.7M	↑ 2396.27%
Financing Cash Flow	$-15.9M	↓ 116.96%

Mayville Engineering Co Technicals Summary

Sell

Neutral

Buy

Mayville Engineering Co is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Mayville Engineering Co Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Mayville Engineering Co Inc	-5.37%	-4.86%	8.49%	11.78%	68.98%
Mueller Industries Inc	-0.25%	41.61%	68.86%	171.3%	405.52%
Esab Corp	-4.61%	29.57%	39.84%	133.45%	133.45%
Ati Inc.	-7.15%	0.67%	20.61%	249.75%	172.03%
Carpenter Technology Corp.	-10.25%	59.26%	143.91%	482.51%	250.37%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Mayville Engineering Co Inc	26.86	26.86	NA	0.61	0.05	0.03	NA	11.55
Mueller Industries Inc	15.69	15.69	0.0	5.2	0.24	0.16	0.01	23.55
Esab Corp	27.49	27.49	1.58	4.95	0.16	0.07	0.0	30.39
Ati Inc.	21.47	21.47	1.2	2.27	0.24	0.06	NA	12.56
Carpenter Technology Corp.	38.87	38.87	1.59	4.47	0.15	0.08	0.0	33.31

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Mayville Engineering Co Inc	Buy	$327.2M	68.98%	26.86	2.01%
Mueller Industries Inc	Sell	$9.2B	405.52%	15.69	16.39%
Esab Corp	Buy	$7.4B	133.45%	27.49	9.47%
Ati Inc.	Buy	$8.0B	172.03%	21.47	8.85%
Carpenter Technology Corp.	Buy	$8.7B	250.37%	38.87	8.05%

About Mayville Engineering Co

we are more than just a manufacturing and fabricating company. award-winning and employee-owned, we pride ourselves in being a leader in the industry. description we have more than a 60-year history of serving customers all over the world in the military, agriculture, commercial vehicle, construction, recreational vehicle, medical and communications industries. no matter what your needs are, we can exceed them with specialties in: · prototyping · contract production · metal fabrication · mechanical + electro-mechanical assembly, validation and testing · coating, assembly and logistical solutions · tube bending & forming · fuel level indicators · laser cutting · welding · and more

Organization	Mayville Engineering Co
Employees	2500
CEO	Mr. Jagadeesh A. Reddy
Industry	Industrial Machinery

Management People of Mayville Engineering Co

Name	Title
Mr. Jagadeesh A. Reddy	President, CEO & Director
Mr. Ryan F. Raber	Executive Vice President of Strategy, Sales & Marketing
Mr. Sean P. Leuba	Senior VP of Corporate Development & General Counsel
Ms. Rachele Marie Lehr	Chief Human Resources Officer

Important FAQs about investing in Mayville Engineering Co from India :

What is Mayville Engineering Co share price today?

Mayville Engineering Co share price today stands at $16.05, Open: $15.95 ; Previous Close: $15.85 ; High: $16.05 ; Low: $15.76 ; 52 Week High: $23.02 ; 52 Week Low: $11.07. The stock opens at $15.95, after a previous close of $15.85. The stock reached a daily high of $16.05 and a low of $15.76, with a 52-week high of $23.02 and a 52-week low of $11.07.

Can Indians buy Mayville Engineering Co shares?

Yes, Indians can invest in the Mayville Engineering Co (MEC) from India.

With INDmoney, you can buy Mayville Engineering Co at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Mayville Engineering Co at zero transaction cost.

How can I buy Mayville Engineering Co shares from India?

It is very easy to buy Mayville Engineering Co from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Mayville Engineering Co be purchased?

Yes, you can buy fractional shares of Mayville Engineering Co with INDmoney app.

What are the documents required to start investing in Mayville Engineering Co stocks?

To start investing in Mayville Engineering Co, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.