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Mayville Engineering Co Inc(MEC)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for MEC
09/16/2026: MEC (1-star) is currently NOT-A-BUY. Pass it for now.
Mayville Engineering Co Inc is an industrial company that provides custom metal fabrication and engineering services to OEMs, particularly in the heavy equipment and agricultural sectors. The company is noted for its extensive, integrated manufacturing capabilities and long-standing partnerships with major industrial brands. Its primary growth story revolves around strategic acquisitions and the scaling of production capacity to meet high-volume demand. Investors should note risks related to cyclical industrial economic sensitivity, raw material cost fluctuations, and execution risks regarding inorganic growth. The stock may best suit investors looking for exposure to the U.S. manufacturing cycle, with ongoing monitoring of end-market demand and operational margin performance.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth is tied to cyclical industrial demand and M&A success. |
| Momentum investor | Weak fit | Stock performance is often tied to long-term industrial cycles. |
| Value investor | Strong fit | May appeal to those seeking exposure to industrial manufacturing at reasonable valuations. |
| Dividend investor | Weak fit | The company prioritizes capital reinvestment over dividend payments. |
| Low-risk investor | Mixed fit | Business is subject to economic and cyclical volatility. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium / high | Industrial manufacturing stocks are sensitive to market sentiment and macro conditions. |
| Valuation risk | Medium | Valuations are driven by expectations of industrial sector growth. |
| Competition risk | Medium / high | Fragmented market leads to intense pricing pressure from various players. |
| Business quality | Medium | Operational execution is key to maintaining margins in metal fabrication. |
| Dividend income | Low | Income generation is not a core feature of this investment. |
| Execution risk | Medium | The strategy relies on successful integration of acquisitions. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit 26.92% | Avg. Invested days 51 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 09/16/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 441.67M USD | Price to earnings Ratio - | 1Y Target Price 36.8 |
Price to earnings Ratio - | 1Y Target Price 36.8 | ||
Volume (30-day avg) 535.2K shares | Beta 1.26 | 52 Weeks Range 12.25 - 38.76 | Updated Date 09/17/2026 |
52 Weeks Range 12.25 - 38.76 | Updated Date 09/17/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.83 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Metal Fabrication | Custom metal parts for heavy equipment and commercial sectors. | The company gets paid to manufacture custom metal parts for large manufacturers. |
| Engineering Services | Prototyping and design for industrial components. | They provide the design expertise that helps clients finalize product manufacturing. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE - | Forward PE 22.08 | Enterprise Value 589.62M | Price to Sales(TTM) 0.75 |
Enterprise Value 589.62M | Price to Sales(TTM) 0.75 | ||
Enterprise Value to Revenue 1.01 | Enterprise Value to EBITDA 18.75 | Shares Outstanding 25.50M | Shares Floating 18.36M |
Shares Outstanding 25.50M | Shares Floating 18.36M | ||
Percent Insiders 23.36 | Percent Institutions 84.4 |
Upturn AI Summary
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.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Mayville Engineering Co Inc
Exchange NYSE | Headquarters 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 2400 | Website https://www.mecinc.com |
Full time employees 2400 | 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. It supplies engineered components to original equipment manufacturers. The company serves heavy and medium duty commercial vehicles, construction and access equipment, powersports, data center and critical power, agriculture, military, and other end markets. Mayville Engineering Company, Inc. was founded in 1945 and is headquartered in Milwaukee, Wisconsin.
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