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Methode Electronics Inc MEI

Morningstar Rating
$24.38 +0.65 (2.74%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

MEI is trading at a 33% discount.
Price
$24.41
Fair Value
$37.96
Uncertainty
Very High
1-Star Price
$48.15
5-Star Price
$58.51
Economic Moat
Tnm
Capital Allocation
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News

Trading Information

Previous Close Price
$23.73
Day Range
$23.3824.45
52-Week Range
$21.3850.74
Bid/Ask
$24.28 / $24.65
Market Cap
$877.91 Mil
Volume/Avg
297,942 / 339,413

Key Statistics

Price/Earnings (Normalized)
15.16
Price/Sales
0.75
Dividend Yield
2.30%
Dividend Yield (Forward)
2.30%
Total Yield
6.42%

Company Profile

Methode Electronics Inc makes component and subsystem devices employing electrical, radio remote control, electronic, wireless, and sensing technologies. The firm is organized in various business segments: Automotive, Industrial, interface and Medical. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile. The Industrial segment manufactures external lighting solutions, industrial safety radio remote controls, braided flexible cables and custom power-product assemblies. The Interface segment provides a variety of copper and fiber-optic interface and interface solutions. The Medical segment is made up of the Company's medical device business, Dabir Surfaces, its surface support technology aimed at pressure injury prevention.
Sector
Technology
Industry
Electronic Components
Stock Style Box
Small Value
Total Number of Employees
6,700

Competitors

    Valuation

    Metric
    MEI
    Price/Earnings (Normalized)
    15.16
    Price/Book Value
    0.94
    Price/Sales
    0.75
    Price/Cash Flow
    7.53
    Price/Earnings
    MEI

    Financial Strength

    Metric
    MEI
    Quick Ratio
    2.22
    Current Ratio
    3.15
    Interest Coverage
    12.85
    Quick Ratio
    MEI

    Profitability

    Metric
    MEI
    Return on Assets (Normalized)
    4.51%
    Return on Equity (Normalized)
    7.17%
    Return on Invested Capital (Normalized)
    5.90%
    Return on Assets
    MEI

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