Methode Electronics

Electronic Connectors

MEIStrained7 of 11 basics passed

$15.20

-0.33%

Market cap $540M

$15.20

-0.33%

Market cap $540M

Methode Electronics Inc supplier of custom-engineered solutions with sales, engineering, and manufacturing locations in North America, Europe, the Middle East, and Asia.

It is a $540M technology company. Revenue grew 1.4% over the last year, and it currently loses money.

Website: methode.com
Location: Southfiled, MI
Employees: 6 650
Sector: Technology

Share price · 3 years

$24.95 → $15.20-39.1%

price only — dividends excluded

Key facts · TTM

Revenue: total sales; $1.04B
Loss: spends more than it earns; -$36.8M
Free cash flow: cash left after running the business; -$13.3M
P/E: years of profit in the price; 11.4
Dividend: of the share price, paid yearly; 1.32%
Shares: down 14% since 2020 — buybacks; 35.3M
Volatility: beta vs the market — under 1 swings less; 1.67

Revenue, last 10 years

52-week range

Low $5.05$15.20High $19.42

Today's price is 71% of the way from the year's low to its high.

P/E vs its history2y

9.8×median 14.5×

Higher than 2% of past days — near the lowest of its own history.

Valuation vs own history

P/E

9.8×

98%

P/S

0.5×

52%

EV/EBITDA

175.6×

P/B

0.8×

50%

FCF yield

8.7%

61%

Share of the last ~5 years that was pricier than today (in line with its own history). Based on the daily valuation record.

Standing in Technology

Size$540Mtop 99%
Revenue growth-5%top 94%
Net margin-4%top 87%
Return on equity-5%top 89%
P/E11.4×top 4%
Dividend yield1.32%top 40%

Ranked against 220 Technology companies with a full CV — for P/E, lower ranks higher.

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Growth, Profitability, Health and Moat lag behind.

Valuation62

P/E vs own history2th pct · 25/25
FCF yield-2.5% · 0/25
P/S0.5x · 25/25
EV/EBITDA19.7x · 12/25

Growth0

Revenue CAGR-3.3% · 0/25
Net income CAGRn/a · 0/25
EPS CAGR ~5Yn/a · 0/25
Fwd implied growth-94.5% · 0/25

Profitability5

ROICn/a · 0/25
ROE-5.5% · 0/25
Net margin-3.5% · 0/25
Operating margin1.4% · 5/25

Health28

Altman Zn/a · 0/25
Current ratio2.41 · 25/25
Interest coverage0.7x · 3/25
Net cash / debtn/a · 0/25

Quality60

Piotroski F6/9 · 15/25
Beneish M-7.30 · 25/25
FCF conversionn/a · 0/25
Margin stabilityσ 6.7% · 20/25

Moat30

ROIC >12% years4/10 yrs · 6/25
Median gross margin25.2% · 6/25
FCF-positive years9/11 yrs · 18/25
Worst-year net marginworst -11.1% · 0/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

FY2021Financial
Became debt-free
cash now exceeds total debt
FY2020Financial
Best year on record
$123M net income
FY2019Financial
Revenue crossed $1B
$1.00B for the year
Aug 20, 2018Acquisition
Methode announced it had entered a definitive agreement to acquire Grakon Parent, Inc., a global…
2017Acquisition
Methode acquired Pacific Insight Electronics Corp., a Canada-based designer and manufacturer of…
FY2016Financial
First recorded profitable year
$84.6M net income
1962Acquisition
Methode acquired Carter Precision Electric Co., Inc., expanding its position into automotive controls and…

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$3 561 today — price return only

$1.0B revenue in FY2026

6 650 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

No standout strengths in the available data.

Watch-outs

Not profitable — 3.5% net margin
Negative free cash flow (-$13.3M)
Thin interest coverage (0.7×)
Loss-making in 3 of the recent years

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

7 of 11 checks passed

Revenue growing — the company sells more than a year ago+1.4% YoY
Profitable — makes more than it spends-$36.8M TTM
Profit growing — earnings are higher than last year+43.0% YoY
Generates cash — cash left after running and investing-$13.3M TTM
Debt under control — could handle its obligationscurrent ratio 2.41
Established company — not a micro-cap — lower blow-up risk$540M market cap
Not printing shares — share count not ballooning — you keep your slice-7.8% shares over ~5y
Proven track record — years of profitability behind it8/11 profitable years
Financially stable — balance sheet not near distresshealth score 28/100
Pays a dividend — returns cash to shareholdersyield 1.32%
Valuation not extreme — price not wildly above earningsP/E 11.4

Peer comparisonMethode Electronics vs 6 largest technology peers — cap, P/E, growth and margin side by sideOpen ▾

Company	Market cap	P/E	Revenue growth	Net margin	Profile
MEI this company	$540M	11.4	+1.4%	-3.5%	Strained
NVDA Nvidia Corp	$5.5T	28.6	+83.4%	63.7%	Mixed
AAPL Apple Inc.	$4.9T	38.1	+14.2%	27.6%	Strong
GOOGL Alphabet Inc.	$4.3T	17.6	+20.1%	54.8%	Mixed
MSFT Microsoft Corp	$4.0T	29.7	+17.8%	40.3%	Strong
SPCX Space Exploration Technologies Corp.	$2.1T	—	+33.2%	-34.0%	Strained
META Meta Platforms, Inc.	$1.8T	26.9	+27.7%	29.8%	Mixed

Head-to-head: MEI vs NVDA · MEI vs AAPL · MEI vs GOOGL

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 2Buy 2Hold 3

Appendix · Financial records

The full statements behind this CV, FY2016–FY2026. For readers who want to check the numbers.

Profit & lossRevenue $1.04B · net income -$36.8M (TTM)Open ▾

Profit & loss

Revenue and profit over the company's career — the income statement, visualised.

How FY2026 revenue flows to profit

RevenueNet income

Revenue (TTM)

$1.04B

YoY 1.4%

Net income (TTM)

-$36.8M

Margin -3.5%

Gross margin

19.8%

Operating margin

1.4%

P/E ratio

11.4

Dividend yield

1.32%

Income statement — full detail

Figures in USD billions · EPS in USD

	2021	2022	2023	2024	2025	2026
Revenue	1.1	1.2	1.2	1.1	1.0	1.0
Gross profit	0.3	0.3	0.3	0.2	0.2	0.2
Operating income (EBIT)	0.1	0.1	0.1	-0.1	-0.0	0.0
Net income	0.1	0.1	0.1	-0.1	-0.1	-0.0
EPS (diluted)	3.19	2.70	2.10	-3.48	-1.77	-1.01

Cash flowFree cash flow -$13.3M · operating cash flow $5.10M (TTM)Open ▾

Cash flow statement

Cash generated by the business and what is left after investment — year by year.

Operating cash flowFree cash flow

Free cash flow (TTM)

-$13.3M

Margin -1.3%

Operating cash flow (TTM)

$5.10M

FCF margin

-1.3%

Cash flow statement — full detail

Figures in USD billions

	2021	2022	2023	2024	2025	2026
Operating cash flow	0.2	0.1	0.1	0.0	0.0	0.0
Capital expenditure	-0.0	-0.0	-0.0	-0.1	-0.0	-0.0
Free cash flow	0.2	0.1	0.1	-0.0	-0.0	0.0
FCF margin	14.2%	5.2%	7.7%	-0.2%	-1.5%	1.5%

Balance sheetAssets — · debt n/a (FY2026)Open ▾

Balance sheet

How the balance sheet is built — what it owns versus how it is financed.

Debt repayment

0.0 yrs

Years of free cash flow to clear net debt

Interest coverage

0.7x

EBIT ÷ interest expense

ROE

-5.5%

Profit per $1 of equity

Balance sheet — full detail

Figures in USD billions

	2021	2022	2023	2024	2025	2026
Cash & equivalents	0.2	0.2	0.2	0.2	0.1	—
Total assets	1.5	1.4	1.6	1.4	1.3	—
Total liabilities	0.5	0.5	0.6	0.6	0.6	—
Total debt	0.2	0.2	0.3	0.3	0.3	—
Equity	0.9	0.9	0.9	0.8	0.7	—
Net debt	-0.0	0.0	0.1	0.2	0.2	—

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of MEI on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $15.20 · market cap $540M.