Mayville Total Revenue vs Ebitda Analysis

MEC Stock  USD 16.03  0.64  4.16%   
Mayville Engineering financial indicator trend analysis is infinitely more than just investigating Mayville Engineering recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mayville Engineering is a good investment. Please check the relationship between Mayville Engineering Total Revenue and its Ebitda accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mayville Engineering Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Total Revenue vs Ebitda

Total Revenue vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mayville Engineering Total Revenue account and Ebitda. At this time, the significance of the direction appears to have strong relationship.
The correlation between Mayville Engineering's Total Revenue and Ebitda is 0.71. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Ebitda in the same time period over historical financial statements of Mayville Engineering Co, assuming nothing else is changed. The correlation between historical values of Mayville Engineering's Total Revenue and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Mayville Engineering Co are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Total Revenue i.e., Mayville Engineering's Total Revenue and Ebitda go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Revenue

Total revenue comprises all receipts Mayville Engineering generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Ebitda

Most indicators from Mayville Engineering's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mayville Engineering current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mayville Engineering Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
At present, Mayville Engineering's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 11.28, whereas Selling General Administrative is forecasted to decline to about 37 M.
 2021 2022 2023 2024 (projected)
Interest Expense2.0M3.4M11.1M11.6M
Depreciation And Amortization31.8M25.0M35.1M31.1M

Mayville Engineering fundamental ratios Correlations

0.670.790.840.89-0.810.750.94-0.040.670.610.940.380.990.080.260.590.380.960.980.930.370.210.840.930.69
0.670.680.610.27-0.150.10.7-0.281.00.840.580.770.68-0.15-0.330.970.770.610.580.690.340.640.950.590.08
0.790.680.930.61-0.560.520.860.10.680.590.850.350.74-0.520.050.530.350.840.670.650.620.250.670.890.71
0.840.610.930.67-0.60.540.80.270.610.440.960.460.78-0.340.250.510.460.930.760.630.520.380.670.910.8
0.890.270.610.67-0.980.950.830.040.270.340.82-0.040.880.190.490.17-0.040.850.910.820.28-0.190.510.830.81
-0.81-0.15-0.56-0.6-0.98-0.99-0.780.05-0.16-0.26-0.740.2-0.8-0.17-0.44-0.040.2-0.77-0.84-0.77-0.350.35-0.39-0.78-0.8
0.750.10.520.540.95-0.990.74-0.120.10.220.68-0.290.740.170.41-0.02-0.290.710.780.740.38-0.440.320.740.77
0.940.70.860.80.83-0.780.74-0.150.70.740.840.240.94-0.150.060.560.240.870.880.910.430.090.790.90.65
-0.04-0.280.10.270.040.05-0.12-0.15-0.29-0.330.190.09-0.09-0.280.54-0.280.090.11-0.05-0.38-0.360.25-0.240.020.45
0.671.00.680.610.27-0.160.10.7-0.290.850.580.760.69-0.16-0.330.970.760.610.580.690.340.640.950.60.08
0.610.840.590.440.34-0.260.220.74-0.330.850.410.460.66-0.24-0.390.740.460.460.520.650.180.350.790.440.13
0.940.580.850.960.82-0.740.680.840.190.580.410.420.89-0.070.360.520.420.990.90.770.450.310.730.960.8
0.380.770.350.46-0.040.2-0.290.240.090.760.460.420.380.0-0.080.861.00.420.340.290.10.940.720.27-0.07
0.990.680.740.780.88-0.80.740.94-0.090.690.660.890.380.140.240.610.380.930.980.950.310.210.850.880.63
0.08-0.15-0.52-0.340.19-0.170.17-0.15-0.28-0.16-0.24-0.070.00.140.330.00.00.00.250.24-0.32-0.110.08-0.13-0.26
0.26-0.330.050.250.49-0.440.410.060.54-0.33-0.390.36-0.080.240.33-0.32-0.080.350.370.120.03-0.19-0.110.210.53
0.590.970.530.510.17-0.04-0.020.56-0.280.970.740.520.860.610.0-0.320.860.550.530.620.240.750.930.5-0.05
0.380.770.350.46-0.040.2-0.290.240.090.760.460.421.00.380.0-0.080.860.420.340.290.10.940.720.27-0.07
0.960.610.840.930.85-0.770.710.870.110.610.460.990.420.930.00.350.550.420.940.830.450.280.770.960.77
0.980.580.670.760.91-0.840.780.88-0.050.580.520.90.340.980.250.370.530.340.940.930.310.160.790.870.65
0.930.690.650.630.82-0.770.740.91-0.380.690.650.770.290.950.240.120.620.290.830.930.430.060.840.820.45
0.370.340.620.520.28-0.350.380.43-0.360.340.180.450.10.31-0.320.030.240.10.450.310.43-0.10.280.520.34
0.210.640.250.38-0.190.35-0.440.090.250.640.350.310.940.21-0.11-0.190.750.940.280.160.06-0.10.570.15-0.1
0.840.950.670.670.51-0.390.320.79-0.240.950.790.730.720.850.08-0.110.930.720.770.790.840.280.570.710.23
0.930.590.890.910.83-0.780.740.90.020.60.440.960.270.88-0.130.210.50.270.960.870.820.520.150.710.75
0.690.080.710.80.81-0.80.770.650.450.080.130.8-0.070.63-0.260.53-0.05-0.070.770.650.450.34-0.10.230.75
Click cells to compare fundamentals

Mayville Engineering Account Relationship Matchups

Mayville Engineering fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets369.4M338.5M379.5M440.6M521.7M417.3M
Short Long Term Debt Total75.9M47.9M68.8M109.0M182.1M116.5M
Other Current Liab3.4M5.3M13.0M25.8M19.4M13.7M
Total Current Liabilities48.2M52.7M77.4M102.4M71.7M75.0M
Total Stockholder Equity200.9M200.9M198.3M217.9M230.0M195.4M
Other Liab39.2M37.6M35.3M15.4M13.8M13.1M
Net Tangible Assets57.2M67.9M76.0M102.5M117.9M123.8M
Property Plant And Equipment Net128.3M109.3M120.7M181.8M208.0M151.6M
Current Deferred Revenue12.0M13.3M14.0M18.1M289K274.6K
Net Debt75.9M47.8M68.7M108.9M181.4M115.8M
Retained Earnings22.1M15.0M7.5M26.3M34.1M23.5M
Accounts Payable32.2M33.5M50.1M53.7M46.5M44.2M
Cash1K121K118K127K672K480.5K
Non Current Assets Total278.9M249.3M246.9M299.3M387.0M297.1M
Non Currrent Assets Other6.9M7.0M3.9M(9.7M)2.7M2.9M
Other Assets1.1M7.0M3.9M2.1M(1.0)(0.95)
Long Term Debt72.6M45.3M67.6M72.2M147.5M101.2M
Cash And Short Term Investments1K121K118K127K672K480.5K
Net Receivables40.2M42.1M55.4M58.0M57.4M52.1M
Common Stock Shares Outstanding17.4M19.9M20.4M20.7M20.7M21.8M
Long Term Debt Total75.3M47.3M68.5M72.2M65.0M67.2M
Liabilities And Stockholders Equity369.4M338.5M379.5M440.6M521.7M417.3M
Non Current Liabilities Total120.3M84.9M103.8M120.3M220.0M146.8M
Capital Lease Obligations3.3M2.1M892K36.7M33.7M35.4M
Inventory45.7M41.4M70.2M71.7M73.2M61.4M
Other Current Assets4.6M5.7M6.9M11.5M3.3M5.6M
Other Stockholder Equity178.8M185.9M190.7M191.6M195.9M173.5M
Total Liab168.5M137.7M181.2M222.7M291.7M221.9M
Net Invested Capital273.5M246.1M265.9M290.1M377.5M299.3M
Property Plant And Equipment Gross128.3M109.3M120.7M181.8M450.6M473.1M
Total Current Assets90.5M89.2M132.6M141.3M134.6M120.2M
Treasury Stock(57.7M)(4.9M)(4.9M)(6.5M)(7.4M)(7.8M)
Cash And Equivalents1K121K118K127K114.3K108.6K
Net Working Capital42.3M36.5M55.2M38.9M62.9M45.2M
Short Term Debt598K626K315K4.9M5.5M3.3M
Intangible Assets72.2M61.5M50.8M43.8M58.7M61.1M

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When determining whether Mayville Engineering offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mayville Engineering's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mayville Engineering Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mayville Engineering Co Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mayville Engineering Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Mayville Engineering information on this page should be used as a complementary analysis to other Mayville Engineering's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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Is Mayville Engineering's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mayville Engineering. If investors know Mayville will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mayville Engineering listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.318
Earnings Share
0.43
Revenue Per Share
29.673
Quarterly Revenue Growth
0.131
Return On Assets
0.0305
The market value of Mayville Engineering is measured differently than its book value, which is the value of Mayville that is recorded on the company's balance sheet. Investors also form their own opinion of Mayville Engineering's value that differs from its market value or its book value, called intrinsic value, which is Mayville Engineering's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mayville Engineering's market value can be influenced by many factors that don't directly affect Mayville Engineering's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mayville Engineering's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mayville Engineering is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mayville Engineering's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.