Mayville Engineering Company, Inc.

NYSE•MEC

CEO: Mr. Jagadeesh A. Reddy

セクター: Industrials

業種: Manufacturing - Metal Fabrication

上場日: 2019-05-09

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.

連絡先情報

135 S. 84th Street, Suite 300, Milwaukee, WI, 53214, United States

414-381-2860

www.mecinc.com

時価総額

$349.68M

PER (TTM)

-43.3

39.4

配当利回り

52週高値

$22.37

52週安値

$11.72

52週レンジ

52%

順位50Top 68.9%

3.1

F-Score

改良版 Piotroski 分析

8年ファンダメンタル

弱い • 3.1 / 9 ポイント

スコアレンジ (0-9)

8-9: 価値が優れている

6-7: 基礎体質が強い

4-5: 全体的に堅調

0-3: パフォーマンスが弱い

データ期間: 2018-2025

財務ダッシュボード

Q4 2025 データ

売上高

$134.27M+0.00%

直近4四半期の推移

EPS

-$0.21+0.00%

直近4四半期の推移

フリーCF

$10.16M+0.00%

直近4四半期の推移

2025 Annual 決算ハイライト

主なハイライト

Annual Net Sales Performance Net sales 546.5M USD, down 6.0% due to reduced customer demand and channel inventory destocking across most end markets.

Adjusted EBITDA Decline Adjusted EBITDA 47.1M USD, down 26.9% driven by softening demand, restructuring costs, and inventory step-up expenses from Accu-Fab acquisition.

Strategic Acquisition Impact Completed Accu-Fab acquisition July 2025, expanding presence in high-growth data center and critical power markets to drive future revenue synergies.

Free Cash Flow Reduction Generated 26.9M USD free cash flow, down 65.4% from 77.7M USD, impacted by lower net income and higher inventory usage.

リスク要因

Macroeconomic Headwind Risks Inflation, elevated interest rates, and labor availability continue to negatively impact business, financial condition, cash flows, and overall operating results.

Customer Demand Volatility Lack of long-term production commitments makes scheduling difficult, potentially leading to underutilized capacity and adverse impact on gross profits.

Debt Covenant Pressure Consolidated total leverage ratio reached 3.68 to 1.00, approaching maximum limits, increasing risk of default if operating performance declines further.

Supply Chain Vulnerability Reliance on third-party suppliers for raw materials and components creates risks of supply shortages, delays, and increased costs impacting margins.

見通し

Data Center Market Expansion Prioritizing capital investment toward high-growth data center and critical power end markets to diversify customer base and drive commercial growth.

Operational Excellence Framework Implementing MEC Business Excellence (MBX) framework to maximize stakeholder value through continuous lean improvements, cost optimization, and enhanced asset utilization.

Disciplined Capital Deployment Focusing on expanding in adjacent markets, increasing share-of-wallet with existing customers, and managing debt levels while returning capital through share repurchases.

Workforce Optimization Strategy Investing in training and technology-enabled infrastructure to redeploy employees into higher-skilled roles, improving flexibility and capacity in changing labor markets.

同業比較

売上高 (TTM)

JELD

$3.21B

-14.9%

MTW

$2.24B

+2.9%

PKOH

$1.60B

-3.4%

粗利益率 (最新四半期)

SBC

69.0%

-12.5pp

OFLX

44.3%

-1.5pp

SPIR

36.6%

-7.9pp

主要指標

銘柄コード	時価総額	PER (TTM)	ROE (TTM)	負債比率
SLDP	$589.10M	-6.3	-23.9%	1.8%
PANL	$450.92M	22.8	4.6%	40.1%
MTW	$432.07M	60.0	1.1%	32.1%

長期トレンド

直近4四半期

売上高

純利益

営業キャッシュフロー

4四半期売上高CAGR

-0.3%

横ばい

4四半期純利益CAGR

N/M

収益構造の変化

キャッシュフロー安定性

100%

優れたキャッシュフローの実績

深度リサーチ

次回決算:2026年5月4日

EPS:-

売上高:-

財務データ

決算説明会

財務レポート

ニュース

損益計算書

バランスシート

キャッシュフロー計算書

財務比率

変化率

損益計算書	直近12ヶ月

データなし