Added to YB: 2025-04-01
Pitch date: 2025-03-28
MEI [neutral]
Methode Electronics, Inc.
+10.08%
current return
Author Info
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Company Info
Methode Electronics, Inc. designs, engineers, produces, and sells mechatronic products internationally.
Market Cap
$236.6M
Pitch Price
$6.13
Price Target
26.00 (+273%)
Dividend
4.17%
EV/EBITDA
9.79
P/E
-3.79
EV/Sales
0.46
Sector
Electronic Equipment, Instruments and Components
Category
value
Methode Electronic | First Look: Buy or Bail?
MEI (Cooper Standard is better play): Down 85%+ from highs. 13% median ROIC since 1991. 4x normalized FCF ($63M) at $250M market cap. New CEO from Stoneridge. Automotive (54%), Industrial (41%), Interface (5%) segments. Manufacturing upturn tailwind. Potential 4x return in 3-5 years if FCF margin/multiple normalize. Management execution key risk.
Read full article (3 min)