MEC PE Ratio & Valuation,Is MEC Overvalued

MEC Relative Valuation

MEC's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, MEC is overvalued; if below, it's undervalued.

Historical Valuation

Mayville Engineering Company Inc (MEC) is now in the Overvalued zone, suggesting that its current forward PE ratio of 84.76 is considered Overvalued compared with the five-year average of 20.92. The fair price of Mayville Engineering Company Inc (MEC) is between 2.47 to 7.56 according to relative valuation methord. Compared to the current price of 18.75 USD , Mayville Engineering Company Inc is Overvalued By 147.97%.

Relative Value

Fair Zone

2.47-7.56

Current Price：18.75

147.97%

Overvalued

84.76

10.59

EV/EBITDA

Mayville Engineering Company Inc. (MEC) has a current EV/EBITDA of 10.59. The 5-year average EV/EBITDA is 6.18. The thresholds are as follows: Strongly Undervalued below 3.28, Undervalued between 3.28 and 4.73, Fairly Valued between 7.63 and 4.73, Overvalued between 7.63 and 9.08, and Strongly Overvalued above 9.08. The current Forward EV/EBITDA of 10.59 falls within the Strongly Overvalued range.

47.35

EV/EBIT

Mayville Engineering Company Inc. (MEC) has a current EV/EBIT of 47.35. The 5-year average EV/EBIT is 15.70. The thresholds are as follows: Strongly Undervalued below 1.40, Undervalued between 1.40 and 8.55, Fairly Valued between 22.84 and 8.55, Overvalued between 22.84 and 29.99, and Strongly Overvalued above 29.99. The current Forward EV/EBIT of 47.35 falls within the Strongly Overvalued range.

0.65

Mayville Engineering Company Inc. (MEC) has a current PS of 0.65. The 5-year average PS is 0.50. The thresholds are as follows: Strongly Undervalued below 0.24, Undervalued between 0.24 and 0.37, Fairly Valued between 0.63 and 0.37, Overvalued between 0.63 and 0.76, and Strongly Overvalued above 0.76. The current Forward PS of 0.65 falls within the Overvalued range.

5.59

P/OCF

Mayville Engineering Company Inc. (MEC) has a current P/OCF of 5.59. The 5-year average P/OCF is 5.85. The thresholds are as follows: Strongly Undervalued below 1.82, Undervalued between 1.82 and 3.83, Fairly Valued between 7.87 and 3.83, Overvalued between 7.87 and 9.89, and Strongly Overvalued above 9.89. The current Forward P/OCF of 5.59 falls within the Historic Trend Line -Fairly Valued range.

10.31

P/FCF

Mayville Engineering Company Inc. (MEC) has a current P/FCF of 10.31. The 5-year average P/FCF is 6.28. The thresholds are as follows: Strongly Undervalued below -64.19, Undervalued between -64.19 and -28.95, Fairly Valued between 41.51 and -28.95, Overvalued between 41.51 and 76.75, and Strongly Overvalued above 76.75. The current Forward P/FCF of 10.31 falls within the Historic Trend Line -Fairly Valued range.

Mayville Engineering Company Inc (MEC) has a current Price-to-Book (P/B) ratio of 1.55. Compared to its 3-year average P/B ratio of 1.28 , the current P/B ratio is approximately 21.21% higher. Relative to its 5-year average P/B ratio of 1.27, the current P/B ratio is about 21.52% higher. Mayville Engineering Company Inc (MEC) has a Forward Free Cash Flow (FCF) yield of approximately 13.84%. Compared to its 3-year average FCF yield of 11.11%, the current FCF yield is approximately 24.63% lower. Relative to its 5-year average FCF yield of 4.76% , the current FCF yield is about 190.69% lower.

1.55

P/B

Median3y

1.28

Median5y

1.27

13.84

FCF Yield

Median3y

11.11

Median5y

4.76

Competitors Valuation Multiple

The average P/S ratio for MEC's competitors is 4.41, providing a benchmark for relative valuation. Mayville Engineering Company Inc Corp (MEC) exhibits a P/S ratio of 0.65, which is -85.16% above the industry average. Given its robust revenue growth of 6.59%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

Revenue Growth

Market Cap

Performance Decomposition

Market capitalization of MEC increased by 18.45% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 10.72 to 31.73.

The secondary factor is the Revenue Growth, contributed 6.59%to the performance.

Overall, the performance of MEC in the past 1 year is driven by P/E Change. Which is more unsustainable.

6.59%

135.39M → 144.31M

Revenue Growth

-184.09%

2.20 → -1.85

Margin Expansion

195.95%

10.72 → 31.73

P/E Change

18.45%

15.72 → 18.62

Mkt Cap Growth

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Frequently Asked Questions

Is Mayville Engineering Company Inc (MEC) currently overvalued or undervalued?

What is Mayville Engineering Company Inc (MEC) fair value?

MEC's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of Mayville Engineering Company Inc (MEC) is between 2.47 to 7.56 according to relative valuation methord.

How does MEC's valuation metrics compare to the industry average?

What is the current P/B ratio for Mayville Engineering Company Inc (MEC) as of Dec 15 2025?

As of Dec 15 2025, Mayville Engineering Company Inc (MEC) has a P/B ratio of 1.55. This indicates that the market values MEC at 1.55 times its book value.

What is the current FCF Yield for Mayville Engineering Company Inc (MEC) as of Dec 15 2025?

As of Dec 15 2025, Mayville Engineering Company Inc (MEC) has a FCF Yield of 13.84%. This means that for every dollar of Mayville Engineering Company Inc’s market capitalization, the company generates 13.84 cents in free cash flow.

What is the current Forward P/E ratio for Mayville Engineering Company Inc (MEC) as of Dec 15 2025?

As of Dec 15 2025, Mayville Engineering Company Inc (MEC) has a Forward P/E ratio of 84.76. This means the market is willing to pay $84.76 for every dollar of Mayville Engineering Company Inc’s expected earnings over the next 12 months.

What is the current Forward P/S ratio for Mayville Engineering Company Inc (MEC) as of Dec 15 2025?

As of Dec 15 2025, Mayville Engineering Company Inc (MEC) has a Forward P/S ratio of 0.65. This means the market is valuing MEC at $0.65 for every dollar of expected revenue over the next 12 months.

MEC Valuation