Mayville Engineering (MEC) and Its Competitors Head to Head Review

Mayville Engineering (NYSE:MEC) is one of 25 public companies in the “ENGINRG/R&D SVS” industry, but how does it weigh in compared to its peers? We will compare Mayville Engineering to related companies based on the strength of its institutional ownership, analyst recommendations, valuation, risk, earnings, profitability and dividends.

Earnings & Valuation

This table compares Mayville Engineering and its peers gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Mayville Engineering	$581.60 million	$25.97 million	17.50
Mayville Engineering Competitors	$8.30 billion	$330.08 million	31.93

Mayville Engineering’s peers have higher revenue and earnings than Mayville Engineering. Mayville Engineering is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Volatility and Risk

Mayville Engineering has a beta of 1.16, meaning that its stock price is 16% more volatile than the S&P 500. Comparatively, Mayville Engineering’s peers have a beta of 1.27, meaning that their average stock price is 27% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent recommendations for Mayville Engineering and its peers, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Mayville Engineering	0	0	3	1	3.25
Mayville Engineering Competitors	48	527	1041	25	2.64

Mayville Engineering currently has a consensus target price of $20.67, indicating a potential upside of 38.90%. As a group, “ENGINRG/R&D SVS” companies have a potential upside of 10.70%. Given Mayville Engineering’s stronger consensus rating and higher probable upside, research analysts plainly believe Mayville Engineering is more favorable than its peers.

Profitability

This table compares Mayville Engineering and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Mayville Engineering	3.41%	8.21%	4.52%
Mayville Engineering Competitors	6.89%	30.78%	7.17%

Insider and Institutional Ownership

45.4% of Mayville Engineering shares are held by institutional investors. Comparatively, 69.8% of shares of all “ENGINRG/R&D SVS” companies are held by institutional investors. 7.2% of Mayville Engineering shares are held by insiders. Comparatively, 5.9% of shares of all “ENGINRG/R&D SVS” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

Mayville Engineering peers beat Mayville Engineering on 8 of the 13 factors compared.

Mayville Engineering Company Profile

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 also supplies engineered components to original equipment manufacturers. The company serves heavy and medium duty commercial vehicles, construction and access equipment, powersports, agriculture, military, and other end markets. Mayville Engineering Company, Inc. was founded in 1945 and is headquartered in Milwaukee, Wisconsin.