MEC

Mayville Engineering Company, Inc.

Industrials · $315M market cap

Share price

$16.44

close of Oct 3, 2026

Fair value

$10.27

Sticker Price

Payback Price

$4.11

buy price

Overpriced

MEC is Overpriced: at $16.44 it trades 60% above its fair value of $10.27. Its buy price (Payback Price) is $4.11, 75% below today's price. Business quality is limited: only 1 of 5 key numbers clears the 10% bar.

How we valued it

Free Cash Flow. Sales grew 0% a year over the last 3 years, below the 15% we look for in a fast grower, so we value it on its free cash flow instead of an earnings forecast.

Business quality

1 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth16.7% a year✓

Equity per share growth4.9% a year✗

Sales growth8.6% a year✗

Free cash flow growth6.4% a year✗

Return on invested capital4.2%✗

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Superinvestors

2 of the investors we track hold MEC. In Q2 2026, 1 opened a position. Who we track

First Eagle Investment Management

First Eagle Investment Management · as of Q2 2026

$13.8M

369,575 shares

Polen Capital Management

Polen Capital Management · as of Q2 2026

$2.3M

61,827 shares

Moves in Q2 2026

New position: Polen Capital Management

Insider activity

Since Aug 6, 2026: no open-market purchases and 1 sale worth $327K. Why purchases matter

Sales

Leuba Sean P

SVP, GC & Secretary · 2026-08-06

Sold

$327K

About Mayville Engineering Company, Inc.

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 supplies engineered components to original equipment manufacturers. The company serves heavy and medium duty commercial vehicles, construction and access equipment, powersports, data…

Manufacturing - Metal Fabrication