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Mayville Engineering Co (Mayville Engineering Co) Net Cash per Share : $-13.10 (As of Dec. 2023)


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What is Mayville Engineering Co Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Mayville Engineering Co's Net Cash per Share for the quarter that ended in Dec. 2023 was $-13.10.

The historical rank and industry rank for Mayville Engineering Co's Net Cash per Share or its related term are showing as below:

MEC's Price-to-Net-Cash is not ranked *
in the Industrial Products industry.
Industry Median: 8.29
* Ranked among companies with meaningful Price-to-Net-Cash only.

Mayville Engineering Co Net Cash per Share Historical Data

The historical data trend for Mayville Engineering Co's Net Cash per Share can be seen below:

* 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.

* Premium members only.

Mayville Engineering Co Net Cash per Share Chart

Mayville Engineering Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial -8.29 -6.86 -8.90 -11.03 -13.10

Mayville Engineering Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.03 -10.99 -10.46 -14.55 -13.10

Competitive Comparison of Mayville Engineering Co's Net Cash per Share

For the Metal Fabrication subindustry, Mayville Engineering Co's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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's Price-to-Net-Cash Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mayville Engineering Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Mayville Engineering Co's Price-to-Net-Cash falls into.



Mayville Engineering Co Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Mayville Engineering Co's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.672-266.683-0)/20.3106
=-13.10

Mayville Engineering Co's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.672-266.683-0)/20.3106
=-13.10

* 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  (NYSE:MEC) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Mayville Engineering Co Net Cash per Share Related Terms

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Mayville Engineering Co (Mayville Engineering Co) Business Description

Traded in Other Exchanges
Address
715 South Street, Mayville, WI, USA, 53050
Mayville Engineering Co Inc is involved in a manufacturing partner that provides a broad range of prototyping and tooling, production fabrication, 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.
Executives
Steven L Fisher director 100 N.E. ADAMS STREET, PEORIA IL 61629
Jagadeesh A Reddy director, officer: President & CEO 715 SOUTH STREET, MAYVILLE WI 53050
Allen J Carlson director 1500 WEST UNIVERSITY PARKWAY, SARASOTA FL 34243
Robert L Mccormick director C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
Timothy L Christen director, other: Chair of the Board 715 SOUTH STREET, MAYVILLE WI 53050
Jennifer J. Kent director QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089-3995
Jay O. Rothman director C/O QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Patrick D Michels director 715 SOUTH STREET, MAYVILLE WI 53050
Rachele Marie Lehr officer: Chief Human Resources Officer 12301 W WIRTH ST, WAUWATOSA WI 53222
Sean P Leuba officer: SVP, Corp. Development & GC 715 SOUTH STREET, MAYVILLE WI 53050
Todd M Butz officer: Chief Financial Officer 715 SOUTH STREET, MAYVILLE WI 53050
Robert D Kamphuis director, officer: Chairman, Pres. & CEO 715 SOUTH STREET, MAYVILLE WI 53050
Craig E Johnson director 715 SOUTH STREET, MAYVILLE WI 53050
Eric J Welak officer: EVP - Fabrication 715 SOUTH STREET, MAYVILLE WI 53050
St. Peter John A director 715 SOUTH STREET, MAYVILLE WI 53050