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Mayville Engineering CoMEC -4.86%68 EV-to-EBITDA is 34.88 as of Jul. 19, 2026, which is 300% above its 10-year median of 8.71. GuruFocus rates MEC with a GF Score™ of 68/100 and a GF Value™ of $15.58 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,473 Industrial Products companies, Mayville Engineering Co ranks worse than 75.94% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Mayville Engineering Co's enterprise value is $1,029.2 Mil.
Mayville Engineering Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $29.5 Mil. Therefore, Mayville Engineering Co's EV-to-EBITDA for today is 34.88.
The historical rank and industry rank for Mayville Engineering Co's EV-to-EBITDA or its related term are showing as below:
MEC'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.72 Med: 8.71 Max: 34.88
Current: 34.88
During the past 9 years, the highest EV-to-EBITDA of Mayville Engineering Co was 34.88. The lowest was 4.72. And the median was 8.71.
MEC's EV-to-EBITDA is ranked worse than 75.94% of 2473
companies
in the Industrial Products industry
Industry Median: 15.66
vs MEC: 34.88
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Mayville Engineering Co (NYSE:MEC) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Mayville Engineering Co's PE Ratio (TTM) for today is calculated as:
Mayville Engineering Co's share price for today is $30.92.
Mayville Engineering Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.800.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Metal Fabrication subindustry, Mayville Engineering Co's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mayville Engineering Co EV-to-EBITDA vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mayville Engineering Co's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Mayville Engineering Co's EV-to-EBITDA falls into.
Mayville Engineering Co's current Enterprise Value is $1,029.2 Mil.
Mayville Engineering Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $29.5 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Mayville Engineering Co (MEC) has a EV-to-EBITDA of 34.88 as of Jul. 19, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Mayville Engineering Co. This is 300% above median its historical median of 8.71. Over the past decade, Mayville Engineering Co's EV-to-EBITDA has ranged from 4.72 to 34.88. According to the industry distribution chart, Mayville Engineering Co ranks #1878 out of 2473 companies in the Industrial Products industry, placing it in the top 75.9%.
Is Mayville Engineering Co's EV-to-EBITDA too high?
Mayville Engineering Co's current EV-to-EBITDA of 34.88 is 300% above median its 10-year median of 8.71. Over the past 10 years, this metric has ranged from a low of 4.72 to a high of 34.88. The Industrial Products industry median EV-to-EBITDA is 15.66. Mayville Engineering Co's value of 34.88 is 122.7% above this industry median. Based on the distribution chart, Mayville Engineering Co ranks #1878 out of 2473 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Mayville Engineering Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mayville Engineering Co's EV-to-EBITDA compare to IIIN and RYZ?
According to the Industrial Products industry distribution chart, Mayville Engineering Co ranks #1878 out of 2473 companies for EV-to-EBITDA. This places Mayville Engineering Co in the lower half of its industry. The industry median EV-to-EBITDA is 15.66. Mayville Engineering Co's value of 34.88 is 122.7% above this benchmark. Historically, Mayville Engineering Co's own EV-to-EBITDA has ranged from 4.72 to 34.88 over the past decade. While the company's 10-year median is 8.71 vs. the industry median of 15.66, Mayville Engineering Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Industrial Products company?
The median EV-to-EBITDA among Industrial Products companies is 15.66, based on 2,473 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mayville Engineering Co's current EV-to-EBITDA of 34.88 is 122.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Mayville Engineering Co. For the Industrial Products industry, the median EV-to-EBITDA is 15.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mayville Engineering Co's current EV-to-EBITDA is 34.88, which is 300% above median its own 10-year median of 8.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayville Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Mayville Engineering Co (MEC) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.58, compared to a current price of $30.92 — trading 98.5% above its estimated fair value. The current EV-to-EBITDA is 34.88, which is 300% above median its 10-year median of 8.71 and 122.7% above the Industrial Products industry median of 15.66. Mayville Engineering Co's overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Mayville Engineering Co (MEC), the current EV-to-EBITDA is 34.88 as of Jul. 19, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mayville Engineering Co (MEC) Overvalued in 2026?
Based on GuruFocus' analysis, Mayville Engineering Co stock appears to be overvalued.
The current stock price of $30.92 is trading 98.5% above its estimated GF Value™ of $15.58.
GuruFocus considers Mayville Engineering Co to be Significantly Overvalued.
Key valuation signals for MEC:
EV-to-EBITDA: 34.88 (300% above median its 10-year median of 8.71)
GF Value™: $15.58 vs. price of $30.92 (98.5% above fair value)
Industry Position: 122.7% above the Industrial Products median (#1878 of 2473)
No single metric tells the full story. See the MEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mayville Engineering Co Inc is involved in a manufacturing partner providing a full suite of manufacturing solutions from concept to production, including design, prototyping and tooling, fabrication, aluminum extrusion, coating, assembly, and aftermarket components. Its customers operate in diverse end markets, including heavy- and medium-duty commercial vehicles, construction, powersports, agriculture, military, and other end markets. Its services comprise stamping, shearing, fiber laser cutting, forming, drilling, tapping, grinding, tube bending, machining, welding, assembly, and logistic services.
68GF Score
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