MEC (Mayville Engineering Co) Financial Strength: 5 (As of Jun. 2026) — Near Median

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MEC Mayville Engineering Co Inc MEC
71 GF Score
Price $22.89
GF Value $15.89
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Mayville Engineering Co Financial Strength?

Mayville Engineering Co MEC -5.33% 71 Financial Strength is 5 as of Jun. 2026, which is at its 10-year median of 5.00. GuruFocus rates MEC with a GF Score™ of 71/100 and a GF Value™ of $15.89 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Mayville Engineering Co has the Financial Strength Rank of 5.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Mayville Engineering Co's Interest Coverage for the quarter that ended in Jun. 2026 was 0.11. Mayville Engineering Co's debt to revenue ratio for the quarter that ended in Jun. 2026 was 0.24. As of today, Mayville Engineering Co's Altman Z-Score is 2.56.


Mayville Engineering Co  (NYSE:MEC) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Mayville Engineering Co has the Financial Strength Rank of 5.


Mayville Engineering Co Financial Strength Related Terms


MEC vs IIIN, TG, LQMT: Financial Strength Comparison

For the Metal Fabrication subindustry, Mayville Engineering Co's Financial Strength, along with its competitors' market caps and Financial Strength 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 Financial Strength vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mayville Engineering Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Mayville Engineering Co's Financial Strength falls into.


MEC
71GF Score
Mayville Engineering Co Inc MEC
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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Mayville Engineering Co Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Mayville Engineering Co's Interest Expense for the months ended in Jun. 2026 was $-3.5 Mil. Its Operating Income for the months ended in Jun. 2026 was $0.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $147.8 Mil.

Mayville Engineering Co's Interest Coverage for the quarter that ended in Jun. 2026 is

Interest Coverage=-1*Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*0.388/-3.475
=0.11

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Mayville Engineering Co's Debt to Revenue Ratio for the quarter that ended in Jun. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(6.922 + 147.824) / 651.924
=0.24

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Mayville Engineering Co has a Z-score of 2.56, indicating it is in Grey Zones. This implies that Mayville Engineering Co is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.56 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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.

Frequently Asked Questions Learn more about Financial Strength →
What does a Financial Strength of 5 mean?
Mayville Engineering Co (MEC) has a Financial Strength of 5 as of Jun. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Mayville Engineering Co and its competitors. This is near median its historical median of 5.00. Over the past decade, Mayville Engineering Co's Financial Strength has ranged from 3.00 to 6.00.
Is Mayville Engineering Co's Financial Strength too high?
Mayville Engineering Co's current Financial Strength of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. Overall, Mayville Engineering Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mayville Engineering Co's Financial Strength compare to IIIN and TG?
Mayville Engineering Co's Financial Strength of 5 can be compared against companies in the Industrial Products industry. Historically, Mayville Engineering Co's own Financial Strength has ranged from 3.00 to 6.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for an Industrial Products company?
A good Financial Strength depends on the Industrial Products industry context. However, Financial Strength should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Mayville Engineering Co and its competitors. Mayville Engineering Co's current Financial Strength is 5, which is near median its own 10-year median of 5.00. 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 $15.89, compared to a current price of $22.89 — trading 44.1% above its estimated fair value. The current Financial Strength is 5, which is near median its 10-year median of 5.00. Mayville Engineering Co's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Mayville Engineering Co (MEC), the current Financial Strength is 5 as of Jun. 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 $22.89 is trading 44.1% above its estimated GF Value™ of $15.89. GuruFocus considers Mayville Engineering Co to be Significantly Overvalued.

Key valuation signals for MEC:

  • Financial Strength: 5 (near median its 10-year median of 5.00)
  • GF Value™: $15.89 vs. price of $22.89 (44.1% above fair value)
  • GF Score™: 71/100 with 3 warning signs

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 Business Description

Address 135 South 84th Street, Suite 300, Milwaukee, WI, USA, 53214
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.
71GF Score

Get the complete analysis for MEC

Financial Strength is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$22.89
Price
$15.89
GF Value