Methode Electronics, Inc.
MEI
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+ FollowMarket Cap$645.94M
Close$
Earnings Call Q3 2023
March 9, 2023 - AI Summary
Sales for the quarter were $280 million, down 4% compared to the prior year but up 4% excluding foreign exchange and spot buys.
The increase in sales was mainly due to higher sales in the Industrial segment driven by power distribution solutions for electric vehicles and data centers.
Methode has won over $120 million in annual program awards for EVs year-to-date and expects EV sales to represent 21% of full-year consolidated sales.
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$5.95
61.2% downside
Current Fair Value
61.2% downsideOvervalued by 61.2% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $645.94 Million |
|---|---|
| Enterprise Value | $870.64 Million |
| Dividend Yield | $0.20 (1.10%) |
| Earnings per Share | $-1.01 |
| Beta | 1.51 |
| Outstanding Shares | 35,472,733 |
Return
| Return on Equity | -5.27% |
|---|---|
| Return on Assets | -5.06% |
| Return on Invested Capital | 2.34% |
Valuation & Multiples
| P/E Ratio | -18.05 |
|---|---|
| PEG | 17.8 |
| Price to Sales | 0.55 |
| Price to Book Ratio | 1.7 |
| Enterprise Value to Revenue | 0.85 |
| Enterprise Value to EBIT | 82.14 |
| Enterprise Value to Net Income | -25 |
| Total Debt to Enterprise | 0.42 |
| Debt to Equity | 0.54 |
Revenue Sources
No data
Insider Trades
Last Earnings Call
Report Date
September 2, 2026
EPS Estimate
$-0.27
Average shareholder expectationRevenue Estimate
$238.31 M
Average shareholder expectationNext Earnings Call
Expected Date
September 8, 2026
EPS Estimate
$-0.27
Average shareholder expectationRevenue Estimate
$237.99 M
Average shareholder expectationInstitutional Put/Call Ratio
Market sentiment based on institutional option activity.
| Put/Call Ratio | 0.5786▲ 57.14% |
|---|---|
| Total Calls | 332,900▲ 296.31% |
| Total Puts | 192,600▲ 32000.00% |
Institutional Ownership
Holdings and activity of institutional investors.
| Ownership % | 98.48%▲ 9.09% |
|---|---|
| Total Invested | $662.55M▲ 278.48% |
| Investors Holding | 161▲ 19.00% |
ESG Score
No data
About Methode Electronics, Inc.
CEO: Donald Duda