A Business at a Glance
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METHODE ELECTRONICS INC
MEI
$541M
Mkt Cap
$15.31
-4.49%
METHODE ELECTRONICS INC (MEI) has a 5-year average return on invested capital (ROIC) of 2.8%. This is below average and may indicate limited pricing power.
METHODE ELECTRONICS INC (MEI) has a market capitalization of $542M. It is classified as a small-cap stock.
Yes, METHODE ELECTRONICS INC (MEI) pays a dividend with a trailing twelve-month yield of 3.66%. The company also returns capital through share buybacks, with a buyback yield of 0.29%.
METHODE ELECTRONICS INC (MEI) operates in the Electronic Connectors industry, within the Technology sector.
METHODE ELECTRONICS INC (MEI) reported annual revenue of $1.0 billion in its most recent fiscal year, based on SEC EDGAR filings.
METHODE ELECTRONICS INC (MEI) has a net profit margin of -6.0%. The company is currently unprofitable.
METHODE ELECTRONICS INC (MEI) generated $-15 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
Description of Business We are a leading global supplier of custom engineered solutions with sales, engineering and manufacturing locations in North America, Europe, Middle East and Asia. We design, engineer and produce mechatronic products for Original Equipment Manufacturers (“OEMs”) utilizing our broad range of technologies for user interface, light-emitting diode (“LED”) lighting system, power distribution and sensor applications. Our solutions are found in the end markets of transportation (including automotive, commercial vehicle, e-bike, aerospace, bus and rail), cloud computing infrastructure, construction equipment and consumer appliance. Fiscal Year Our fiscal year ends on the Saturday closest to April 30 of the following year, typically resulting in a 52-week year, but occasionally giving rise to an additional week, resulting in a 53-week year. The fiscal year ended May 3, 2025 was a 53-week fiscal year.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 1.0B | 1.1B | 1.2B | 1.2B | 1.1B |
| Net Income | 0 | -63M | -123M | 77M | 102M | 122M |
| EPS | $0.00 | $-1.77 | $-3.48 | $2.10 | $2.70 | $3.19 |
| Free Cash Flow | 0 | -15M | -2.7M | 91M | 61M | 155M |
| ROIC | - | -5.9% | -10.5% | 7.6% | 10.3% | 12.7% |
| Gross Margin | - | 15.6% | 16.0% | 22.4% | 22.8% | 25.2% |
| Debt/Equity | 0.00 | 0.46 | 0.43 | 0.33 | 0.23 | 0.26 |
| Dividends/Share | $0.00 | $0.56 | $0.56 | $0.56 | $0.56 | $0.44 |
| Operating Income | 0 | -24M | -112M | 90M | 112M | 128M |
| Operating Margin | 0.0% | -2.3% | -10.0% | 7.7% | 9.6% | 11.8% |
| ROE | 0.0% | -8.6% | -14.4% | 8.3% | 11.2% | 14.4% |
| Shares Outstanding | 35M | 35M | 35M | 37M | 38M | 38M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 773M | 881M | 809M | 817M | 908M | 1.0B | 1.0B | 1.1B | 1.2B | 1.2B | 1.1B | 1.0B | 0 |
| Gross Margin | 20.3% | 24.8% | 26.3% | 26.7% | 26.4% | 26.6% | 27.6% | 25.2% | 22.8% | 22.4% | 16.0% | 15.6% | N/A |
| R&D | 26M | 25M | 28M | 28M | 38M | 41M | 35M | 36M | 36M | 35M | 49M | 42M | 42M |
| SG&A | 80M | 94M | 101M | 105M | 116M | 143M | 117M | 127M | 134M | 155M | 161M | 164M | 164M |
| EBIT | 74M | 112M | 110M | 111M | 118M | 107M | 147M | 128M | 112M | 90M | -112M | -24M | 0 |
| Op. Margin | 9.5% | 12.7% | 13.6% | 13.6% | 13.0% | 10.7% | 14.4% | 11.8% | 9.6% | 7.7% | -10.0% | -2.3% | 0.0% |
| Net Income | 96M | 101M | 85M | 93M | 57M | 92M | 123M | 122M | 102M | 77M | -123M | -63M | 0 |
| Net Margin | 12.4% | 11.5% | 10.5% | 11.4% | 6.3% | 9.2% | 12.1% | 11.2% | 8.8% | 6.5% | -11.1% | -6.0% | 0.0% |
| Non-Recurring | 100K | 19M | 0 | 0 | 1.6M | 0 | 1.8M | 7.5M | 7.0M | 1.4M | 112M | 5.9M | 5.9M |
| Returns on Capital | |||||||||||||
| ROIC | 24.9% | 30.3% | 28.1% | 31.0% | 19.7% | 13.9% | 13.4% | 12.7% | 10.3% | 7.6% | -10.5% | -5.9% | N/A |
| ROE | 28.2% | 23.8% | 18.2% | 18.4% | 9.8% | 13.9% | 16.8% | 14.4% | 11.2% | 8.3% | -14.4% | -8.6% | 0.0% |
| ROA | 19.0% | 17.1% | 13.4% | 13.7% | 7.1% | 8.5% | 9.5% | 8.6% | 7.2% | 5.2% | -8.3% | -4.6% | 0.0% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 72M | 123M | 111M | 145M | 118M | 102M | 141M | 180M | 99M | 133M | 48M | 26M | 0 |
| Free Cash Flow | 43M | 100M | 88M | 123M | 70M | 52M | 96M | 155M | 61M | 91M | -2.7M | -15M | 0 |
| Owner Earnings | 44M | 95M | 79M | 109M | 86M | 45M | 92M | 122M | 34M | 72M | -14M | -40M | -66M |
| CapEx | 29M | 23M | 23M | 22M | 48M | 50M | 45M | 25M | 38M | 42M | 50M | 42M | 0 |
| Maint. CapEx | 26M | 23M | 24M | 24M | 28M | 43M | 48M | 52M | 53M | 50M | 58M | 59M | 59M |
| Growth CapEx | 3.4M | 0 | 0 | 0 | 20M | 6.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A | 26M | 23M | 24M | 24M | 28M | 43M | 48M | 52M | 53M | 50M | 58M | 59M | 59M |
| CapEx/OCF | 40.1% | 18.3% | 21.0% | 15.4% | 40.5% | 48.8% | 32.1% | 13.8% | 38.5% | 31.6% | 105.7% | 157.6% | 0.0% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 11M | 14M | 14M | 14M | 15M | 16M | 16M | 17M | 20M | 20M | 20M | 20M | 0 |
| Dividend Yield | 1.4% | 1.1% | 1.4% | 1.2% | 1.1% | 1.6% | 1.6% | 1.4% | 1.4% | 1.4% | 2.7% | 6.1% | N/A |
| Share Buybacks | 0 | 0 | 62M | 9.8M | 0 | 0 | 0 | 6.7M | 65M | 48M | 14M | 1.6M | 1.6M |
| Buyback Yield | N/A | N/A | 6.9% | 0.8% | N/A | N/A | N/A | 0.4% | 4.3% | 3.3% | 3.4% | 0.6% | 0.3% |
| Stock-Based Comp | 3.3M | 4.3M | 7.4M | 12M | 4.0M | 14M | 300K | 6.8M | 12M | 12M | 3.6M | 7.4M | 7.4M |
| Debt Repayment | 0 | 0 | 0 | 0 | 0 | 3.1M | 0 | 0 | 0 | 3.2M | 1.1M | 1.8M | 1.8M |
| Balance Sheet | |||||||||||||
| Net Debt | -68M | -163M | -171M | -267M | -184M | 225M | 135M | 6.9M | 39M | 150M | 169M | 214M | 0 |
| Cash & Equiv. | 116M | 168M | 228M | 294M | 246M | 83M | 217M | 233M | 172M | 157M | 162M | 104M | N/A |
| Long-Term Debt | 48M | 5.0M | 57M | 27M | 53M | 277M | 337M | 225M | 198M | 304M | 331M | 317M | 317M |
| Debt/Equity | 0.12 | 0.01 | 0.12 | 0.05 | 0.10 | 0.45 | 0.45 | 0.26 | 0.23 | 0.33 | 0.43 | 0.46 | 0.00 |
| Interest Coverage | N/A | N/A | N/A | 277.0 | 131.4 | 12.9 | 14.6 | 24.6 | 31.9 | 33.5 | -6.7 | -1.1 | -1.1 |
| Equity | 392M | 459M | 470M | 541M | 630M | 690M | 783M | 918M | 914M | 942M | 766M | 693M | 0 |
| Total Assets | 576M | 606M | 656M | 704M | 916M | 1.2B | 1.4B | 1.5B | 1.4B | 1.6B | 1.4B | 1.3B | 0 |
| Total Liabilities | 184M | 147M | 186M | 163M | 286M | 542M | 587M | 549M | 475M | 626M | 638M | 613M | 613M |
| Intangibles | 13M | 11M | 8.9M | 6.6M | 61M | 265M | 245M | 229M | 208M | 257M | 257M | 238M | 226M |
| Retained Earnings | 269M | 357M | 359M | 427M | 472M | 545M | 652M | 746M | 764M | 773M | 612M | 524M | 524M |
| Working Capital | 263M | 308M | 378M | 406M | 393M | 273M | 422M | 451M | 440M | 436M | 406M | 327M | 327M |
| Current Assets | 382M | 438M | 496M | 530M | 550M | 454M | 566M | 674M | 629M | 664M | 638M | 560M | 560M |
| Current Liabilities | 119M | 131M | 118M | 124M | 157M | 181M | 144M | 223M | 189M | 228M | 231M | 233M | 233M |
| Per Share Data | |||||||||||||
| EPS | 2.51 | 2.57 | 2.20 | 2.48 | 1.52 | 2.43 | 3.26 | 3.19 | 2.70 | 2.10 | -3.48 | -1.77 | 0.00 |
| Owner EPS | 1.14 | 2.42 | 2.06 | 2.90 | 2.28 | 1.19 | 2.43 | 3.17 | 0.91 | 1.96 | -0.40 | -1.12 | -1.86 |
| Book Value | 10.24 | 11.66 | 12.22 | 14.44 | 16.74 | 18.30 | 20.70 | 23.94 | 24.14 | 25.65 | 21.62 | 19.60 | 0.00 |
| Cash Flow/Share | 1.89 | 3.12 | 2.88 | 3.88 | 3.13 | 2.71 | 3.71 | 4.69 | 2.61 | 3.62 | 1.34 | 0.75 | 1.65 |
| Dividends/Share | 0.30 | 0.36 | 0.36 | 0.36 | 0.40 | 0.44 | 0.44 | 0.44 | 0.56 | 0.56 | 0.56 | 0.56 | 0.00 |
| Shares Out. | 38.3M | 39.3M | 38.5M | 37.5M | 37.6M | 37.7M | 37.9M | 38.3M | 37.9M | 36.7M | 35.4M | 35.4M | 35.4M |
| Valuation | |||||||||||||
| P/E Ratio | 9.7 | 14.5 | 10.7 | 13.3 | 21.9 | 9.2 | 8.2 | 13.2 | 14.8 | 18.7 | N/A | N/A | N/A |
| P/FCF | 21.3 | 15.0 | 10.8 | 10.2 | 18.1 | 16.2 | 10.5 | 10.4 | 24.9 | 15.9 | N/A | N/A | N/A |
| EV/EBIT | 11.7 | 11.6 | 6.7 | 8.7 | 9.0 | 9.9 | 7.8 | 12.7 | 13.9 | 17.6 | N/A | N/A | N/A |
| Price/Book | 2.4 | 3.2 | 1.9 | 2.3 | 2.0 | 1.2 | 1.3 | 1.8 | 1.7 | 1.5 | 0.5 | 0.4 | N/A |
| Price/Sales | 1.1 | 1.3 | 1.1 | 1.4 | 1.4 | 1.0 | 1.0 | 1.1 | 1.3 | 1.2 | 0.7 | 0.3 | N/A |
| FCF Yield | 4.7% | 6.9% | 9.7% | 10.0% | 5.6% | 6.2% | 9.5% | 9.6% | 4.0% | 6.3% | -0.7% | -5.6% | N/A |
| Market Cap | 927M | 1.5B | 901M | 1.2B | 1.3B | 843M | 1.0B | 1.6B | 1.5B | 1.4B | 397M | 269M | 542M |
| Avg. Price | 21.28 | 31.00 | 25.11 | 31.30 | 34.37 | 26.99 | 27.07 | 31.36 | 39.73 | 37.67 | 21.19 | 9.39 | 15.31 |
| Year-End Price | 24.18 | 38.16 | 24.49 | 33.30 | 33.75 | 22.37 | 26.57 | 42.12 | 39.97 | 39.21 | 11.22 | 7.61 | 15.31 |
METHODE ELECTRONICS INC passes 2 of 9 quality checks, indicating weak fundamentals.
On a free-cash-flow basis, the stock trades at 10.4x vs a median of 13.3x. The company's 5-year average ROIC is 2.8% with a gross margin of 20.4%. Total shareholder yield (dividends + buybacks) is 4.0%. At current prices, the estimated annualized return to fair value is -21.6%.
METHODE ELECTRONICS INC (MEI) has a debt-to-equity ratio of 0.46. This indicates a conservatively financed balance sheet.
METHODE ELECTRONICS INC (MEI) reported earnings per share (EPS) of $-1.77 in its most recent fiscal year.
METHODE ELECTRONICS INC (MEI) has a return on equity (ROE) of -8.6%. A negative ROE may indicate losses or negative equity.
METHODE ELECTRONICS INC (MEI) has a 5-year average gross margin of 20.4%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 16 years of financial data for METHODE ELECTRONICS INC (MEI), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
METHODE ELECTRONICS INC (MEI) has a book value per share of $19.60, based on its most recent annual SEC filing.