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MEI logo MEI
Upturn stock ratingUpturn stock rating
MEI logo

Methode Electronics Inc (MEI)

Upturn stock ratingUpturn stock rating
$6.75
Last Close (24-hour delay)
Profit since last BUY-14.39%
upturn advisory
SELL
SELL since 4 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

07/17/2025: MEI (1-star) is a SELL. SELL since 4 days. Profits (-14.39%). Updated daily EoD!

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

3 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $10.5

1 Year Target Price $10.5

Analysts Price Target For last 52 week
$10.5 Target price
52w Low $4.96
Current$6.75
52w High $16.82

Analysis of Past Performance

Type Stock
Historic Profit -65.82%
Avg. Invested days 18
Today’s Advisory SELL
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 07/17/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 358.33M USD
Price to earnings Ratio -
1Y Target Price 10.5
Price to earnings Ratio -
1Y Target Price 10.5
Volume (30-day avg) 3
Beta 0.97
52 Weeks Range 4.96 - 16.82
Updated Date 07/7/2025
52 Weeks Range 4.96 - 16.82
Updated Date 07/7/2025
Dividends yield (FY) 5.89%
Basic EPS (TTM) -2.59

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-07-01
When -
Estimate 0.01
Actual -

Profitability

Profit Margin -8.57%
Operating Margin (TTM) -0.92%

Management Effectiveness

Return on Assets (TTM) -0.29%
Return on Equity (TTM) -11.9%

Valuation

Trailing PE -
Forward PE 12.55
Enterprise Value 609735119
Price to Sales(TTM) 0.34
Enterprise Value 609735119
Price to Sales(TTM) 0.34
Enterprise Value to Revenue 0.57
Enterprise Value to EBITDA 48.57
Shares Outstanding 35690700
Shares Floating 34550073
Shares Outstanding 35690700
Shares Floating 34550073
Percent Insiders 6.11
Percent Institutions 91.59

ai summary icon Upturn AI SWOT

Methode Electronics Inc

stock logo

Company Overview

overview logo History and Background

Methode Electronics Inc. was founded in 1946. Initially focused on providing connections to the television industry, Methode has evolved into a global designer and manufacturer of component and subsystem devices.

business area logo Core Business Areas

  • Automotive: Develops and manufactures products for automotive applications, including sensors, lighting, and power distribution systems.
  • Industrial: Provides solutions for industrial equipment, including power interconnects and controls.
  • Interface Solutions: Offers custom interface solutions for a variety of applications.
  • Medical: Offers a range of medical solutions.

leadership logo Leadership and Structure

Methode Electronics Inc. is led by Donald W. Duda (President and CEO). The organizational structure includes various business units focused on specific industries or product lines, supported by functional departments such as finance, operations, and marketing.

Top Products and Market Share

overview logo Key Offerings

  • Sensors: Methode offers a range of sensors, particularly for automotive applications. Market share information is difficult to specify exactly, but they compete with companies such as Allegro MicroSystems and TE Connectivity. Revenue from this product line is part of the Automotive business segment, which generates approximately 60% of total sales.
  • Power Distribution Systems: Methode provides power distribution solutions primarily for the automotive industry. Competitors include Aptiv and Lear Corporation. Again, revenue is part of the Automotive segment, making a granular figure difficult to extract.
  • Busbars: Busbars are used in electric vehicle battery technology. Competitors include Mersen and Rogers Corporation. Reported as part of the Automotive segment, not a standalone revenue.

Market Dynamics

industry overview logo Industry Overview

The industries Methode serves (automotive, industrial, medical) are experiencing growth, particularly with the rise of electric vehicles and advanced industrial automation. The electrification of vehicles has created a rapidly expanding market for battery and power distribution systems. The industrial market is impacted by the ongoing advancements in industrial automation and digitalization.

Positioning

Methode Electronics Inc. is positioned as a provider of custom engineered solutions, leveraging its expertise in electronics and interconnect technologies. Its competitive advantage lies in its ability to design and manufacture specialized components for specific customer applications.

Total Addressable Market (TAM)

The combined TAM for Methode's target markets (automotive, industrial, medical) is estimated to be in the hundreds of billions of dollars. Methode is strategically positioned to capture a portion of this market by providing specialized, custom-engineered solutions.

Upturn SWOT Analysis

Strengths

  • Custom engineered solutions
  • Strong relationships with key customers
  • Global manufacturing footprint
  • Diversified end markets

Weaknesses

  • Dependence on automotive industry
  • Relatively small size compared to larger competitors
  • Potential for fluctuations in raw material costs
  • Exposure to economic cycles

Opportunities

  • Growing demand for electric vehicles
  • Increasing adoption of industrial automation
  • Expansion into new geographic markets
  • Strategic acquisitions to expand product portfolio

Threats

  • Intense competition in automotive and industrial markets
  • Technological obsolescence
  • Economic downturns
  • Supply chain disruptions

Competitors and Market Share

competitor logo Key Competitors

  • TE (TEL)
  • APT (APTIV)
  • LNN (LINN)

Competitive Landscape

Methode has its own advantages in custom offerings. Competition is fierce, with TE and Aptiv being much larger global players.

Major Acquisitions

Procidia

  • Year: 2017
  • Acquisition Price (USD millions): 53
  • Strategic Rationale: Expanded capabilities in diagnostic medical equipment.

Growth Trajectory and Initiatives

Historical Growth: Methode has experienced moderate growth, influenced by automotive and industrial sector trends. Growth varies based on the strength of these industries.

Future Projections: Analyst estimates project continued growth, especially with new product lines. Projections may be viewed on financial data services such as Yahoo Finance.

Recent Initiatives: Recent initiatives include new product development, strategic partnerships, and targeted acquisitions.

Summary

Methode Electronics is a mid-sized company with a focus on automotive electronics and sensors. The company is navigating challenges within the automotive and industrial markets, but they are actively participating in the growth markets for electric vehicles. A risk involves revenue concentration and reliance on cyclical industries. Methode needs to carefully manage competition from larger players.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Website
  • SEC Filings
  • Investor Relations Materials
  • Yahoo Finance
  • Earnings Reports

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Market share data is approximate and may vary depending on the source. Financial data should be verified through official company filings. Future performance is not guaranteed.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Methode Electronics Inc

Exchange NYSE
Headquaters Chicago, IL, United States
IPO Launch date 1990-03-23
President, CEO & Director Mr. Jonathan B. DeGaynor
Sector Technology
Industry Electronic Components
Full time employees 7500
Full time employees 7500

Methode Electronics, Inc. designs, engineers, and produces mechatronic products worldwide. It operates through four segments: Automotive, Industrial, Interface, and Medical. The company supplies electronic and electro-mechanical devices, and related products to automobile original equipment manufacturers directly or through their tiered suppliers. Its products include integrated center consoles, hidden and ergonomic switches, transmission lead-frames, complex insert molded solutions, LED-based lighting solutions, and sensors, which incorporate magneto-elastic sensing, eddy current, or other sensing technologies that monitor the operation or status of a component or system. The company also manufactures external lighting solutions comprising driving, work, and signal lights; industrial safety radio remote controls; braided flexible cables; current-carrying laminated and powder-coated busbars; high-voltage high current connector and contracts; custom power-product assemblies, such as PowerRail solution; and high-current low-voltage flexible power cabling systems that are used in aerospace, commercial vehicles, data centers, industrial equipment, power conversion, military, telecommunications, and transportation markets. Further, it provides high-speed digital communication over copper media solutions for data center and broadband markets; and interface panel solutions for appliance market. Its solutions include copper transceivers, distribution point units, and solid-state field-effect consumer touch panels. Methode Electronics, Inc. was incorporated in 1946 and is headquartered in Chicago, Illinois.