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Upturn AI SWOT - About
MEC 
Mayville Engineering Co Inc (MEC)
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Stock price based on last close (see disclosures)
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Upturn Advisory Summary
09/15/2025: MEC (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
3 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $21.5
1 Year Target Price $21.5
| 2 | Strong Buy |
| 0 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -15.06% | Avg. Invested days 61 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/15/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 288.51M USD | Price to earnings Ratio 16.71 | 1Y Target Price 21.5 |
Price to earnings Ratio 16.71 | 1Y Target Price 21.5 | ||
Volume (30-day avg) 3 | Beta 1.16 | 52 Weeks Range 11.72 - 23.02 | Updated Date 09/15/2025 |
52 Weeks Range 11.72 - 23.02 | Updated Date 09/15/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.85 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 3.41% | Operating Margin (TTM) 1.23% |
Management Effectiveness
Return on Assets (TTM) 1.27% | Return on Equity (TTM) 7.37% |
Valuation
Trailing PE 16.71 | Forward PE 22.08 | Enterprise Value 388115115 | Price to Sales(TTM) 0.55 |
Enterprise Value 388115115 | Price to Sales(TTM) 0.55 | ||
Enterprise Value to Revenue 0.74 | Enterprise Value to EBITDA 5.67 | Shares Outstanding 20317800 | Shares Floating 13891703 |
Shares Outstanding 20317800 | Shares Floating 13891703 | ||
Percent Insiders 31.35 | Percent Institutions 63.8 |
Upturn AI SWOT
Mayville Engineering Co Inc
Company Overview
History and Background
Mayville Engineering Company, Inc. (MEC) was founded in 1945 in Mayville, Wisconsin. Initially focused on machining and fabrication, MEC has grown through organic growth and acquisitions to become a leading contract manufacturer.
Core Business Areas
- Production Solutions: Provides precision metal fabrication, machining, coating, assembly, and aftermarket services to a broad range of industries including commercial vehicle, power sports, agriculture, construction & access equipment, military, and other end-markets.
Leadership and Structure
Robert Kamphuis is the Chairman, President, and CEO. The company operates with a traditional corporate structure, with a board of directors overseeing management.
Top Products and Market Share
Key Offerings
- Metal Fabrication: Provides custom metal fabrication services, including laser cutting, forming, welding, and machining. Market share data is difficult to pinpoint exactly for MEC alone within the broader contract manufacturing space, but the total addressable market is large. Competitors include large contract manufacturers like LISI and smaller regional players. Revenue from metal fabrication is a core component of MEC's overall revenue.
- Powder Coating: Offers powder coating services to protect and enhance metal products. Market share is variable depending on geography and industry served. Competitors include other coating specialists and integrated manufacturers with in-house coating capabilities.
Market Dynamics
Industry Overview
The contract manufacturing industry is characterized by high competition and increasing demand for specialized services. Factors such as global supply chain disruptions and technological advancements influence the industry.
Positioning
MEC is positioned as a mid-sized contract manufacturer with a focus on precision metal fabrication and diverse end-markets, offering end to end services for key customers. This allows them to be a critical part of many manufacturing supply chains. Competitive advantages include its long-standing experience and integrated service offerings.
Total Addressable Market (TAM)
The global contract manufacturing market is estimated to be several hundred billion USD. MEC is positioned to capture a portion of this market through its specialized services and diverse customer base.
Upturn SWOT Analysis
Strengths
- Diversified end-market exposure
- Integrated manufacturing capabilities
- Experienced management team
- Strong customer relationships
- Long track record
Weaknesses
- Exposure to cyclical industries
- Dependence on key customers
- High raw material costs
- Debt levels can impact flexibility
- Size relative to larger competitors
Opportunities
- Expanding into new geographic markets
- Acquiring complementary businesses
- Increasing automation and efficiency
- Growing demand for reshoring/nearshoring
- Leveraging technological advancements
Threats
- Economic downturns
- Increased competition
- Fluctuations in raw material prices
- Supply chain disruptions
- Changes in government regulations
Competitors and Market Share
Key Competitors
- LIN
- ABR
- FCX
Competitive Landscape
MEC faces competition from large, diversified contract manufacturers as well as smaller, specialized players. Its advantages include its integrated capabilities and focus on specific end-markets. Its disadvantages stem from its smaller size relative to some of the larger players.
Major Acquisitions
De Pere Metal Products
- Year: 2022
- Acquisition Price (USD millions): 64.4
- Strategic Rationale: Expand capabilities and customer base
Growth Trajectory and Initiatives
Historical Growth: MEC's historical growth has been driven by organic expansion and strategic acquisitions.
Future Projections: Future projections are based on analyst estimates, industry trends, and company guidance.
Recent Initiatives: Recent initiatives include facility expansions, technology investments, and new product development efforts.
Summary
Mayville Engineering demonstrates a reliable position in the metal fabrication sector, bolstered by a diversified customer base and strategic acquisitions. The company is vulnerable to macroeconomic fluctuations and raw material price volatility. However, their integrated capabilities and ability to adapt to new opportunities offers them solid growth potential. Future success depends on improving efficiency and managing debt effectively.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Website
- Industry Reports
- Analyst Estimates
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Market share data is approximate and based on available information. Financial figures should be confirmed through official company filings.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Mayville Engineering Co Inc
Exchange NYSE | Headquaters Milwaukee, WI, United States | ||
IPO Launch date 2019-05-09 | President, CEO & Director Mr. Jagadeesh A. Reddy | ||
Sector Industrials | Industry Metal Fabrication | Full time employees 2200 | Website https://www.mecinc.com |
Full time employees 2200 | Website https://www.mecinc.com | ||
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. The company supplies engineered components to original equipment manufacturers. It serves heavy and medium duty commercial vehicles, construction and access equipment, powersports, agriculture, military, and other end markets. The company was founded in 1945 and is headquartered in Milwaukee, Wisconsin.
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