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ISIN
US5786051079
CUSIP
578605107
IPO Date
May 9, 2019

Highlights

Market Cap
$709.65M
Enterprise Value
$731.37M
EPS (TTM)
-$0.80
Total Revenue (TTM)
$555.69M
Gross Profit (TTM)
$29.83M
EBITDA (TTM)
$24.44M
Year Range
$12.10 - $36.50
Target Price
$21.50
ROA (TTM)
-2.82%
ROE (TTM)
-7.02%

Share Price Chart


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Often compared with MEC:
MEC vs. ESAB

Performance

MEC Performance Chart

Mayville Engineering Company, Inc. (MEC) is up 85.4% since the beginning of the year. At $35 per share, MEC is trading 4.9% below its 52-week high of $37. Investors who bought $1,000 worth of MEC shares 5 years ago would now be looking at an investment worth $1,695.


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S&P 500 Index

Returns By Period

Mayville Engineering Company, Inc. (MEC) has returned 85.42% so far this year and 117.21% over the past 12 months.


Mayville Engineering Company, Inc.

1D
-2.72%
1M
36.39%
YTD
85.42%
6M
88.13%
1Y
117.21%
3Y*
36.93%
5Y*
11.13%
10Y*

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MEC Monthly Returns History

Based on dividend-adjusted daily data since May 9, 2019, MEC's average daily return is +0.11%, while the average monthly return is +2.02%. At this rate, an investment would double in approximately 2.9 years.

Historically, 50% of months were positive and 50% were negative. The best month was Nov 2022 with a return of +92.2%, while the worst month was Oct 2019 at -35.2%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 4 months.

On a daily basis, MEC closed higher 49% of trading days. The best single day was Mar 13, 2020 with a return of +39.4%, while the worst single day was Oct 30, 2019 at -33.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20264.70%7.14%-14.52%27.08%17.71%29.27%85.42%
20250.83%-5.68%-10.17%-4.84%23.32%1.27%5.08%-12.94%-5.75%29.51%-4.66%10.18%19.08%
2024-12.00%-3.55%17.08%-3.98%16.42%4.00%14.71%1.05%9.17%-2.89%-17.68%-6.71%9.02%
202326.38%1.38%-8.01%-18.90%-4.05%7.32%-2.97%-2.89%-6.56%10.21%5.05%13.54%13.90%
2022-23.07%-9.85%-9.38%-11.63%9.54%-14.66%-7.75%-2.52%-6.47%2.15%92.18%-0.94%-15.09%
20214.32%0.07%2.64%8.55%24.54%3.45%-12.63%-15.08%26.01%-5.53%-16.39%0.40%11.10%

Benchmark Metrics

Mayville Engineering Company, Inc. has an annualized alpha of 12.66%, beta of 1.07, and R2 of 0.12 versus S&P 500 Index. Calculated based on daily prices since May 09, 2019.

  • This stock participated in 94.33% of S&P 500 Index downside but only 81.81% of its upside - more exposed to losses than it benefited from rallies.
  • R2 of 0.12 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
12.66%
Beta
1.07
0.12
Upside Capture
81.81%
Downside Capture
94.33%

Return for Risk

Risk / Return Rank

MEC ranks 89 for risk / return — in the top 89% of stocks on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


MEC Risk / Return Rank: 8989
Overall Rank
MEC Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
MEC Sortino Ratio Rank: 8888
Sortino Ratio Rank
MEC Omega Ratio Rank: 8686
Omega Ratio Rank
MEC Calmar Ratio Rank: 9090
Calmar Ratio Rank
MEC Martin Ratio Rank: 8888
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Mayville Engineering Company, Inc. (MEC) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


MECBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.16

Sortino ratioReturn per unit of downside risk

+0.19

Omega ratioGain probability vs. loss probability

1.36

1.37

-0.01

Calmar ratioReturn relative to maximum drawdown

4.33

2.78

+1.54

Martin ratioReturn relative to average drawdown

10.10

12.44

-2.34

Dividends

Dividend History


Mayville Engineering Company, Inc. doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Mayville Engineering Company, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Mayville Engineering Company, Inc. was 76.62%, occurring on Mar 12, 2020. Recovery took 252 trading sessions.

The current Mayville Engineering Company, Inc. drawdown is 2.72%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-76.62%Mar 2020
10mo 1d1y
1y 10moMay 2019 - Mar 2021
Bear market2022
-72.12%Oct 2022
1y 4mo2y 13d
3y 4moJun 2021 - Nov 2024
2025 selloff2025
-45.62%Apr 2025
5mo 16d9mo 28d
1y 3moNov 2024 - Feb 2026
2026 bear market2026
-24.77%Mar 2026
25d1mo 11d
2mo 6dFeb 2026 - Apr 2026
2021 bear market2021
-20.52%Apr 2021
21d1mo 4d
1mo 25dMar 2021 - May 2021

Drawdown Indicators


MECBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-76.62%

-56.78%

-19.84%

Max Drawdown (1Y)

Largest decline over 1 year

-27.23%

-9.10%

-18.13%

Max Drawdown (3Y)

Largest decline over 3 years

-45.62%

-18.90%

-26.72%

Max Drawdown (5Y)

Largest decline over 5 years

-71.04%

-25.43%

-45.61%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-2.72%

-1.80%

-0.92%

Average Drawdown

Average peak-to-trough decline

-33.97%

-10.71%

-23.26%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.65%

2.03%

+9.62%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of Mayville Engineering Company, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how Mayville Engineering Company, Inc. is priced in the market compared to other companies in the Metal Fabrication industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for MEC relative to other companies in the Metal Fabrication industry. Currently, MEC has a P/S ratio of 1.3. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for MEC in comparison with other companies in the Metal Fabrication industry. Currently, MEC has a P/B value of 3.1. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
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