Is Mayville Engineering Co Inc (MEC) overvalued? · P/E 15, rev $581.6M
Mayville Engineering Co Inc (MEC) is a metal fabrication company listed on US.
This page asks whether Mayville Engineering Co Inc (MEC) looks expensive on cached numbers — not a short thesis.
Latest reported MEC revenue for 2024-12-31 was $581.6M. Net income was $26.0M. Revenue was down 1.2% from 2023-12-31 to 2024-12-31. MEC currently screens at market cap $337.6M and trailing P/E 15.0.
MEC currently screens at market cap $337.6M and trailing P/E 15.0. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next MEC 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the MEC stock page for the full model, not this heading.
Not investment advice.