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← CockpitCompetitor Analysis › MEC Mayville Engineering Company, Inc.Open in the cockpit ↗

Mayville Engineering Company, Inc.MECCompetitor analysis, valuation and peers

United States · USD·Industrials›Industrial Machinery
Momentum laggard 8
Mkt cap
$335M
US dollars, full cap
Free float
93%
of shares outstanding
$/day
$7.89M
20-day average traded
Fwd P/E
27.2×
forward earnings
ROIC−WACC
-10.8 pp
WACC 10.2%
Hurdle
n/a
no reverse DCF
Next earnings
116 days
2 Mar 2027
Close · USD$13.12
1D+0.5%
1W-12.7%
1M-14.1%
3M-42.7%
6M-51.8%
YTD-29.9%
1Y-18.7%
ATR %8.9%
Beta1.80
52w lowhigh66.2% off high

What Mayville Engineering does

Employees: 2,400

Mayville Engineering at a glance

Size Mayville Engineering (MEC) is a United States Industrials company (Industrial Machinery) with a market value of $335M, the 3016th largest of 3,117 United States companies the cockpit tracks. Shares closed at $13.12 on 6 Nov 2026.

Performance Over six months the shares fell 51.8%, against -22.2% for the median peer and -1.1% for the United States market (cap-weighted) — lowest of 21 in its peer set.

Growth Revenue grew 14.8% over the last twelve months (peer median +16.2%); the operating margin is -0.7% (peer median 2.2%).

Valuation It trades at 27.2× forward earnings against a peer median of 12.3× (3rd most expensive of 8).

Capital Return on invested capital runs 10.8 points below its cost of capital (10.2% WACC).

Short interest Short interest is 10.7% of the free float (15 Oct 2026).

Next results Next results expected around 2 Mar 2027 (exchange calendar; dates can move).

Relative performance

5010011 May 202611 Aug 20266 Nov 2026Peer median 76MEC 48
Six months, rebased to 100: Mayville Engineering against the median of its 20 peers (local-currency closes).

Mayville Engineering financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$612M$546M$582M$588M$539M
Revenue growth—-6%-1%+9%—
Gross profit$44.1M$45.2M$64.2M$62.0M$54.1M
EBITDA$40.5M$43.2M$56.6M$56.7M$56.5M
Net income-$14.2M-$8.11M$26.0M$7.84M$18.7M
Free cash flow-$7.59M$26.1M$77.7M$23.8M-$6.18M
Capital expenditure$23.2M$11.6M$12.1M$16.6M$58.6M
Total debt$157M$239M$113M$182M$110M

Quarterly statements and history in the cockpit →

Mayville Engineering competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%-20%0%00238168852900263060085445323001733005096882553000976030767669633915693013146118255A30033434493498MEC6-month return →1-month return →
Up and to the right = strong over both horizons. Mayville Engineering is the large dot.

Fundamentals: revenue growth against valuation

-10%0%+10%+20%0×50×100×002381453260307615696118255A3449MECRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Mayville Engineering is the large dot.

Mayville Engineering competitors and peer comparison

How Mayville Engineering compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Mayville Engineering against its 20 peers (data as of 6 Nov 2026)
MeasureMECPeer medianRank in peer set
1-month return-14.1%-11.8%9th lowest of 21
6-month return-51.8%-22.2%lowest of 21
Distance from 52-week high-66.2%-38.6%2nd lowest of 21
Revenue growth (TTM)+14.8%+16.2%10th lowest of 21
Operating margin-0.7%2.2%8th lowest of 21
Forward P/E27.2×12.3×3rd most expensive of 8
ROIC minus cost of capital-10.8 pp-5.8 pp5th lowest of 20
EV / EBITDA12.1×13.7×6th cheapest of 11
Net debt / EBITDA3.9×-0.2×2nd most indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Mayville Engineering MECUnited States$335M-52%+15%-1%27.2×n/an/a
Zhejiang Double Arrow Rubber 002381.SZChina$333M-19%-4%1%6.6×5.7%+8.1%
Dalian Haosen Intelligent Manufacturing 688529.SSChina$333M-33%-19%-83%n/a-4.2%+7.4%
China Western Power Industrial 002630.SZChina$336M-5%-53%-24%n/a-2.0%-5.3%
Jiangsu Chunlan Refrigerating Equipment Stock 600854.SSChina$337M-20%+41%-20%n/a-10.7%-17.0%
Rechi Precision 4532.TWTaiwan$332M-2%-9%5%14.8×-3.8%+1.0%
Funeng Oriental Equipment Technology 300173.SZChina$339M-28%-22%-14%n/an/an/a
Jiangsu Newamstar Packaging Machinery 300509.SZChina$340M-33%+16%12%n/a-5.1%+11.9%
Hangzhou Kaierda Welding Robot 688255.SSChina$341M-30%+21%5%n/a28.0%+1.8%
Dalian Zhiyun Automation 300097.SZChina$341M-27%+33%-68%n/an/an/a
Ningbo Lehui International Engineering Equipment 603076.SSChina$341M-41%+22%2%117.8×34.4%+13.0%
Suregiant Technology 7669.TWOTaiwan$342M-39%+150%51%n/an/an/a
Sintokogio,Ltd 6339.TJapan$342M+3%+5%2%n/a9.8%+16.4%
Wave Cyber (Shanghai) 688718.SSChina$327M-26%+16%13%n/a35.0%+5.9%
Bin Chuan Enterprise 1569.TWOTaiwan$343M+25%-6%-15%56.1×n/an/a
Zhuhai Kles Technology 301314.SZChina$326M-18%+22%0%n/an/an/a
Aida Engineering,Ltd 6118.TJapan$326M-13%-2%6%12.3×-19.0%+6.2%
Gltechno 255A.TJapan$326M-24%+9%16%8.0×9.7%n/a
Tianjin MOTIMO Membrane Technology 300334.SZChina$326M-11%+37%-10%n/an/an/a
Technoflex 3449.TJapan$326M-41%+22%19%11.0×3.0%+6.8%
USUN Technology 3498.TWOTaiwan$344M+91%+38%18%n/a13.7%-6.6%

Questions

Which companies are Mayville Engineering's closest peers?
The cockpit's peer set: Zhejiang Double Arrow Rubber (002381.SZ), Dalian Haosen Intelligent Manufacturing (688529.SS), China Western Power Industrial (002630.SZ), Jiangsu Chunlan Refrigerating Equipment Stock (600854.SS), Rechi Precision (4532.TW), Funeng Oriental Equipment Technology (300173.SZ), Jiangsu Newamstar Packaging Machinery (300509.SZ), Hangzhou Kaierda Welding Robot (688255.SS).
Is Mayville Engineering expensive compared with its peers?
On forward p/e it trades at 27.2× against a peer median of 12.3×, 3rd most expensive of 8 in its peer set.
How has Mayville Engineering stock performed?
Over six months to 6 Nov 2026 the shares returned -51.8% against -22.2% for the median peer; over one year -18.7%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.