MEI Stock Analysis: Methode Electronics | NYSE
Electronic Components | NYSE, USA | Market Cap: 473m USD | 12M Return: 97.9% | US5915202007 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 11.1M
Qual. Beats: 0
Rev. Trend: -87.7%
Qual. Beats: 2
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Methode Electronics (NYSE: MEI) is a mechatronic product designer and manufacturer operating through three segments: Automotive, Industrial, and Interface. The Automotive segment supplies electronic and electro-mechanical devices to OEMs and tiered suppliers, while the Industrial segment produces lighting, cabling, busbars, and power-product assemblies for markets such as aerospace, commercial vehicles, data centers, and defense. The Interface segment delivers high-speed digital communication solutions for data centers and broadband, along with touch-panel solutions for consumer appliances.
Founded in 1946 and headquartered in Southfield, Michigan, MEI is classified in the Electronic Manufacturing Services (EMS) sub-industry, a business model in which companies design, engineer, and produce electronic components and assemblies on behalf of OEM customers. The company serves a diversified end-market mix spanning transportation (automotive, commercial vehicle, e-bike, aerospace, bus, and rail), cloud computing infrastructure, construction equipment, and consumer appliances, which provides exposure across both cyclical industrial/automotive demand and growing data-center and electrification-related markets.
- Auto segment revenue pressured by North American light vehicle production softness
- Industrial data center busbar revenue accelerates on AI infrastructure spending
- Restructuring and cost actions target margin recovery across segments
| Net Income: -36.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA -4.00 > 1.0 |
| NWC/Revenue: 32.77% < 20% (prev 32.00%; Δ 0.77% < -1%) |
| CFO/TA 0.00 > 3% & CFO 5.10m > Net Income -36.8m |
| Net Debt (239.7m) to EBITDA (64.0m): 3.75 < 3 |
| Current Ratio: 2.41 > 1.5 & < 3 |
| Outstanding Shares: last quarter (35.5m) vs 12m ago -0.13% < -2% |
| Gross Margin: 19.21% > 18% (prev 15.76%; Δ 3.46% > 0.5%) |
| Asset Turnover: 81.73% > 50% (prev 79.77%; Δ 1.96% > 0%) |
| Interest Coverage Ratio: 0.27 > 6 (EBIT TTM 6.00m / Interest Expense TTM 22.6m) |
| A: 0.27 (Total Current Assets 584.4m - Total Current Liabilities 242.3m) / Total Assets 1.26b |
| B: 0.37 (Retained Earnings 465.4m / Total Assets 1.26b) |
| C: 0.00 (EBIT TTM 6.00m / Avg Total Assets 1.28b) |
| D: 1.10 (Book Value of Equity 663.1m / Total Liabilities 600.6m) |
| Altman-Z'' = 4.17 = AA |
| DSRI: 1.16 (Receivables 259.3m/221.3m, Revenue 1.04b/1.03b) |
| GMI: 0.82 (GM 15.76% / 19.21%) |
| AQI: 0.94 (AQ_t 0.36 / AQ_t-1 0.38) |
| SGI: 1.01 (Revenue 1.04b / 1.03b) |
| TATA: -0.03 (NI -36.8m - CFO 5.10m) / TA 1.26b) |
| Beneish M = -3.09 (Cap -4..+1) = AA |
As of September 27, 2026, the stock is trading at USD 14.51 with a total of 441,157 shares traded. Over the past week, the price has changed by +9.34%, over one month by -9.60%, over three months by -19.13% and over the past year by +97.93%.
Current recommended Stop Loss: 13.20 (which is 9% or 1.2 ATR below the current price).
Methode Electronics has received a consensus analysts rating of 3.67. Therefore, it is recommended to hold MEI.
- StrongBuy: 1
- Buy: 0
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 22 | 51.6% |
P/E Forward = 10.2354
P/S = 0.453
P/B = 0.7268
P/EG = 0.7789
Revenue TTM = 1.04b USD
EBIT TTM = 6.00m USD
EBITDA TTM = 64.0m USD
Long Term Debt = 310.3m USD (from longTermDebt, last quarter)
Short Term Debt = 9.10m USD (from shortTermDebt, last quarter)
Debt = 355.9m USD (from shortLongTermDebtTotal, last quarter) + Leases 22.7m
Net Debt = 239.7m USD (calculated: Debt 355.9m - CCE 116.2m)
Enterprise Value = 712.7m USD (473.0m + Debt 355.9m - CCE 116.2m)
Interest Coverage Ratio = 0.27 (Ebit TTM 6.00m / Interest Expense TTM 22.6m)
EV/FCF = -53.59x (Enterprise Value 712.7m / FCF TTM -13.3m)
FCF Yield = -1.87% (FCF TTM -13.3m / Enterprise Value 712.7m)
FCF Margin = -1.27% (FCF TTM -13.3m / Revenue TTM 1.04b)
Net Margin = -3.52% (Net Income TTM -36.8m / Revenue TTM 1.04b)
Gross Margin = 19.21% ((Revenue TTM 1.04b - Cost of Revenue TTM 843.5m) / Revenue TTM)
Gross Margin QoQ = 17.97% (prev 24.22%)
Tobins Q-Ratio = 0.56 (Enterprise Value 712.7m / Total Assets 1.26b)
Interest Expense / Debt = 6.35% (Interest Expense 22.6m / Debt 355.9m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 4.74m (EBIT 6.00m * (1 - 21.00%))
Current Ratio = 2.41 (Total Current Assets 584.4m / Total Current Liabilities 242.3m)
Debt / Equity = 0.54 (Debt 355.9m / totalStockholderEquity, last quarter 663.1m)
Debt / EBITDA = 3.75 (Net Debt 239.7m / EBITDA 64.0m)
Debt / FCF = -18.02 (negative FCF - burning cash) (Net Debt 239.7m / FCF TTM -13.3m)
Total Stockholder Equity = 673.7m (last 4 quarters mean from totalStockholderEquity)
RoA = -2.88% (Net Income -36.8m / Total Assets 1.26b)
RoE = -5.46% (Net Income TTM -36.8m / Total Stockholder Equity 673.7m)
RoCE = 0.61% (EBIT 6.00m / Capital Employed (Equity 673.7m + L.T.Debt 310.3m))
RoIC = 0.48% (NOPAT 4.74m / Invested Capital 978.3m)
WACC = 13.36% (E(473.0m)/V(828.9m) * Re(19.63%) + D(355.9m)/V(828.9m) * Rd(6.35%) * (1-Tc(0.21)))
Discount Rate = 19.63% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 51.60 | Cagr: 0.21%
[DCF] Fair Price = unknown (Cash Flow -13.3m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.78 | # QB: 0
Revenue Correlation: -87.74 | Revenue CAGR: -5.07% | SUE: 1.10 | # QB: 2
EPS current Quarter (2026-10-31): EPS=-0.18 | Chg30d=-107.88% | Revisions=-25% | Analysts=3
EPS next Quarter (2027-01-31): EPS=-0.14 | Chg30d=-79.13% | Revisions=+25% | Analysts=3
EPS current Year (2027-04-30): EPS=-0.44 | Chg30d=-106.19% | Revisions=+25% | GrowthEPS=+58.6% | GrowthRev=+4.1%
EPS next Year (2028-04-30): EPS=0.41 | Chg30d=-37.88% | Revisions=+25% | GrowthEPS=+192.5% | GrowthRev=+5.8%
[Analyst] Revisions Ratio: +29% (up=3, down=1)