Financials Methode Electronics, Inc.

Equities

MEI

US5915202007

Electronic Equipment & Parts

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
12.22 USD +0.74% Intraday chart for Methode Electronics, Inc. +5.07% -46.24%

Valuation

Fiscal Period: Aprile 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,089 1,135 1,749 1,647 1,475 432.5 - -
Enterprise Value (EV) 1 1,089 1,135 1,749 1,686 1,625 647.5 630.3 573.2
P/E ratio 12.1 x 9.38 x 14.3 x 16.5 x 19.5 x -6.23 x 76.4 x 14.2 x
Yield - - - - - 4.91% 5.24% 5.56%
Capitalization / Revenue 1.09 x 1.11 x 1.61 x 1.42 x 1.25 x 0.39 x 0.41 x 0.39 x
EV / Revenue 1.09 x 1.11 x 1.61 x 1.45 x 1.38 x 0.59 x 0.6 x 0.52 x
EV / EBITDA 5.89 x 5.57 x 9.13 x 9.66 x 10.7 x 10.3 x 7.43 x 4.86 x
EV / FCF 20.9 x - 11.3 x 27.7 x 17.9 x -35.7 x 21.7 x 8.49 x
FCF Yield 4.79% - 8.85% 3.61% 5.59% -2.8% 4.62% 11.8%
Price to Book - - - 1.8 x 1.56 x 0.52 x 0.53 x 0.52 x
Nbr of stocks (in thousands) 36,987 37,091 38,447 36,930 35,986 35,390 - -
Reference price 2 29.44 30.59 45.50 44.61 40.99 12.22 12.22 12.22
Announcement Date 6/20/19 6/30/20 6/24/21 6/23/22 6/22/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: April 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,000 1,024 1,088 1,164 1,180 1,104 1,057 1,106
EBITDA 1 184.9 203.7 191.6 174.6 151.7 62.98 84.8 117.9
EBIT 1 106.8 147.1 127.9 111.7 97.7 5.044 24.08 62.31
Operating Margin 10.68% 14.37% 11.76% 9.6% 8.28% 0.46% 2.28% 5.64%
Earnings before Tax (EBT) 103.6 148.7 134.9 118.5 90.1 - 7.157 38.77
Net income 1 91.6 123.4 122.3 102.2 77.1 -73.56 5.654 30.63
Net margin 9.16% 12.05% 11.24% 8.78% 6.54% -6.66% 0.54% 2.77%
EPS 2 2.430 3.260 3.190 2.700 2.100 -1.960 0.1600 0.8600
Free Cash Flow 1 52.2 - 154.9 60.8 90.8 -18.12 29.1 67.48
FCF margin 5.22% - 14.24% 5.23% 7.7% -1.64% 2.75% 6.1%
FCF Conversion (EBITDA) 28.23% - 80.85% 34.82% 59.85% - 34.31% 57.22%
FCF Conversion (Net income) 56.99% - 126.66% 59.49% 117.77% - 514.62% 220.32%
Dividend per Share 2 - - - - - 0.6000 0.6400 0.6800
Announcement Date 6/20/19 6/30/20 6/24/21 6/23/22 6/22/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: April 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4
Net sales 1 295.5 291.6 288.7 282.4 315.9 280.1 301.2 289.7 288 259.5 266.9 257.6 261.5 251.3 273.6
EBITDA 1 47.4 47.9 30.8 38.2 46.1 36.1 31.3 19.3 21.2 9.4 13.04 16.95 19.67 19.9 26.24
EBIT 1 33.2 29.8 14.6 21.8 32.8 27.3 15.8 5.3 6 -3 -3.566 1.768 5.429 5.523 10.73
Operating Margin 11.24% 10.22% 5.06% 7.72% 10.38% 9.75% 5.25% 1.83% 2.08% -1.16% -1.34% 0.69% 2.08% 2.2% 3.92%
Earnings before Tax (EBT) 1 33 33.5 17.2 25.9 33.4 23 7.8 1 - -10.5 -4.866 -0.9 1.737 -0.279 6.598
Net income 1 - 29.4 16.2 21.5 27.6 19.9 8.1 0.9 -55.3 -11.6 -5.942 -0.711 1.373 -0.22 5.213
Net margin - 10.08% 5.61% 7.61% 8.74% 7.1% 2.69% 0.31% -19.2% -4.47% -2.23% -0.28% 0.52% -0.09% 1.91%
EPS 2 0.7200 0.7800 0.4300 0.5800 0.7500 0.5400 0.2200 0.0200 -1.550 -0.3300 -0.1200 -0.0200 0.0400 -0.0100 0.1500
Dividend per Share 2 - - - - - - - 0.1400 0.1400 0.1400 0.1500 0.1600 0.1600 0.1600 0.1600
Announcement Date 12/2/21 3/3/22 6/23/22 9/1/22 12/1/22 3/9/23 6/22/23 9/7/23 12/7/23 3/7/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: April 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - 38.5 150 215 198 141
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - - - 0.2205 x 0.9875 x 3.415 x 2.333 x 1.194 x
Free Cash Flow 1 52.2 - 155 60.8 90.8 -18.1 29.1 67.5
ROE (net income / shareholders' equity) - - - 11.2% 8.31% -1.3% 0.7% 3.7%
ROA (Net income/ Total Assets) - - - 7.16% 5.2% -0.8% 0.4% 2.2%
Assets 1 - - - 1,428 1,484 9,194 1,414 1,392
Book Value Per Share 2 - - - 24.70 26.30 23.50 23.00 23.30
Cash Flow per Share - - - - - - - -
Capex 1 49.8 - 24.9 38 42 57 48.3 45
Capex / Sales 4.98% - 2.29% 3.27% 3.56% 5.17% 4.57% 4.07%
Announcement Date 6/20/19 6/30/20 6/24/21 6/23/22 6/22/23 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
4
Last Close Price
12.22 USD
Average target price
13.33 USD
Spread / Average Target
+9.11%
Consensus
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