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Upturn AI SWOT - About
MEC 
Mayville Engineering Co Inc (MEC)
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Upturn Advisory Summary
10/30/2025: MEC (1-star) has a low Upturn Star Rating. Not recommended to BUY.
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 $22
1 Year Target Price $22
| 2 | Strong Buy |
| 0 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -11.56% | Avg. Invested days 51 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 345.40M USD | Price to earnings Ratio 20 | 1Y Target Price 22 |
Price to earnings Ratio 20 | 1Y Target Price 22 | ||
Volume (30-day avg) 3 | Beta 1.18 | 52 Weeks Range 11.72 - 23.02 | Updated Date 10/29/2025 |
52 Weeks Range 11.72 - 23.02 | Updated Date 10/29/2025 | ||
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 2025-11-04 | When - | Estimate 0.1055 | 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 20 | Forward PE 22.08 | Enterprise Value 375721241 | Price to Sales(TTM) 0.66 |
Enterprise Value 375721241 | Price to Sales(TTM) 0.66 | ||
Enterprise Value to Revenue 0.72 | Enterprise Value to EBITDA 5.49 | Shares Outstanding 20317825 | Shares Floating 13891703 |
Shares Outstanding 20317825 | Shares Floating 13891703 | ||
Percent Insiders 31.35 | Percent Institutions 63.97 |
Upturn AI SWOT
Mayville Engineering Co Inc
Company Overview
History and Background
Mayville Engineering Co. Inc. (MEC) was founded in 1945. Initially focused on small parts machining, MEC has evolved into a leading contract manufacturer providing a broad range of manufacturing services.
Core Business Areas
- Fabrication: Fabrication includes cutting, forming, welding, machining, and coating of metal components and assemblies.
- Powder Coating & E-coating: Electrocoating & Powder Coating is the process of applying an electrostatically charged powder or liquid to a surface.
- Assembly: Assemply includes electromechanical assembly, complex assembly, and other value-added manufacturing services
Leadership and Structure
Jaguar Growth Partners own a majority stake in MEC. Robert Kamphuis is the Chairman, President and Chief Executive Officer. The company has a traditional corporate structure with functional departments such as operations, finance, sales, and engineering.
Top Products and Market Share
Key Offerings
- Metal Fabrication Services: MEC's metal fabrication services cater to a diverse customer base including the commercial vehicle, construction, powersports, agricultural, military, and other end markets. While exact market share data is not readily available, it's a significant player in North American metal fabrication. Competitors include smaller, regional metal fabrication shops and larger global contract manufacturers. Revenue from this segment is the most important factor in Mayville's success.
- Electromechanical Assembly: MEC provides electromechanical assembly services which serves the same sectors of metal fabrication services. While exact market share data is not readily available. Competitors include smaller, regional metal electromechanical assembly shops and larger global contract manufacturers.
Market Dynamics
Industry Overview
The contract manufacturing industry is driven by trends such as increasing outsourcing by OEMs, technological advancements in manufacturing processes, and demand for customized solutions.
Positioning
MEC positions itself as a comprehensive contract manufacturer with expertise in metal fabrication, machining, and coating. Its competitive advantages include its integrated manufacturing capabilities, experienced workforce, and geographic footprint.
Total Addressable Market (TAM)
The global contract manufacturing market is estimated to be hundreds of billions of dollars. MEC, with its specialization in metal fabrication, serves a significant portion of this TAM. Their TAM depends on the level of outsourcing of metal fabrication.
Upturn SWOT Analysis
Strengths
- Diversified end-market exposure
- Integrated manufacturing capabilities
- Experienced management team
- Strong customer relationships
Weaknesses
- Dependence on cyclical industries
- Exposure to commodity price fluctuations
- High debt levels
- Operational inefficiencies
Opportunities
- Expansion into new geographic markets
- Acquisition of complementary businesses
- Increasing demand for outsourcing
- Investment in automation and technology
Threats
- Economic downturns
- Increased competition
- Raw material price volatility
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- LIN
- PRFT
- BWAY
Competitive Landscape
MEC competes with a mix of regional and global contract manufacturers. Its competitive advantages include its integrated capabilities and diverse end-market exposure.
Major Acquisitions
Weber Metal Technologies
- Year: 2022
- Acquisition Price (USD millions): 84
- Strategic Rationale: Expanded MEC's precision metal stamping and fabrication capabilities.
Growth Trajectory and Initiatives
Historical Growth: MEC's historical growth has been driven by acquisitions and organic expansion. Growth needs to be obtained from SEC Filings.
Future Projections: Future projections are based on analyst estimates and depend on market conditions. Analyst and Market conditions need to be analyzed for future projections.
Recent Initiatives: Recent strategic initiatives include acquisitions and investments in new equipment.
Summary
Mayville Engineering Co. Inc. is a key player in the contract manufacturing space, marked by strengths in diversified end-markets and integrated capabilities. However, its performance faces headwinds from cyclical industries, commodity price volatility, and high debt. Opportunities lie in geographic expansion and acquisitions, while threats include economic downturns and competition. Overall, Mayville Engineering Co. Inc. presents a mixed profile with strong foundations but requiring careful navigation of market challenges.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Analyst Reports
- Industry Publications
Disclaimers:
This analysis is based on publicly available information and represents a snapshot in time. Investors should conduct their own due diligence before making any investment decisions.
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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