Designs and manufactures electronic components for the automotive industry, including switches and sensors. Now — the numbers.
The biggest line carries real weight, but it doesn’t decide everything on its own.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.
This company is not turning a profit, so the market is pricing its sales instead: 0.5× for every dollar of annual revenue.
Against companies in its own sector, it looks cheaper than 79% of them.
Analysts' average target sits 72% above today's price.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Clearly below the class average.
Clearly below the class average.
Clearly above the class average — a step short of the very top.
There is growth, but not at top-of-the-class tempo.
The stock has been running stronger than the market lately.
Financial Strength: The cash-and-debt balance is thin; the buffer for hard times is slim.
Business Quality: Profit power and business quality trail similar companies in the sector.
An investor who bought at the very peak is down 71% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
Over the last 12 months, company executives reported 20 buys and 12 sells. Management buying with its own money is usually read as a good sign.
It pays out $0.20 per share each year — regular cash for whoever holds the stock.
A loss of $35.7M against $1.0B in annual sales. And on top of that, sales fell from the year before.
The balance sheet offers little cushion against a rough stretch. Report-card grade: 32/100.
Measured against its sector, the quality of the business sits below the class average. Report-card grade: 41/100.
On our five-subject report card, MEI sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: MEI’s sales are going backwards, and it closed last year at a loss. The road back runs through both.
The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.