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MEI US​

Methode Electronics Inc(MEI US)

$12.12-0.544.27%Ext:$11.69-0.433.52%(Market Closed · 23:56:51 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Methode Electronics Inc — Company Profile

Methode Electronics, Inc. designs, engineers, produces, and sells mechatronic products internationally. The company operates in three segments: Automotive, Industrial, and Interface. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile original equipment manufacturers directly or through their tiered suppliers. This segment products include integrated overhead and center consoles, hidden and ergonomic switches, transmission lead-frames, complex insert molded solutions, LED-based lighting solutions, and sensors, which incorporate magneto-elastic sensing, or other sensing technologies that monitor the operation or status of a component or system. The Industrial segment manufactures exterior and interior lighting solutions, industrial safety radio remote controls, braided flexible cables, current-carrying laminated busbars and devices, custom power-product assemblies comprising PowerRail solutions, high-current high-voltage flexible power cabling systems, and powder-coated busbars that are used in various markets and applications, including aerospace, commercial vehicles, data centers, industrial equipment, military, power conversion, telecommunications, and transportation. The Interface segment provides a variety of high-speed digital communication over copper media solutions for the data center and broadband markets, and interface panel solutions for the appliance market; and solutions, including copper transceivers, distribution point units, and solid-state field-effect consumer touch panels. The company serves end markets of transportation, including automotive, commercial vehicle, e-bike, aerospace, bus, and rail; and cloud computing infrastructure, construction equipment, and consumer appliance industries. Methode Electronics, Inc. was incorporated in 1946 and is headquartered in Chicago, Illinois.

Sector
Industrials
Industry
Electrical Equipment
Exchange
UN
CEO
Jonathan DeGaynor
Headquarters
Southfield, MI, US
IPO Date
Oct 20, 1982
Employees
6,650
Website
www.methode.com

Key Metrics

Price
$15.74
Market Cap
$558.33M
Revenue (TTM)
$233.70M
Net Income (TTM)
$-15900000.00
EPS (TTM)
-0.45
P/E (TTM)
-8.67
P/B (TTM)
0.83
Dividend Yield
3.06%
ROE (TTM)
-2.36%
ROA (TTM)
-1.22%
Operating Margin
-2.44%
Beta
1.62

Dividends

Last Dividend
$0.05
Last Yield
0.03%

Summary

Methode Electronics, Inc. designs, engineers, produces, and sells mechatronic products internationally. The company operates in three segments: Automotive, Industrial, and Interface. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile original equipment manufacturers directly or through their tiered suppliers. This segment products include integrated overhead and center consoles, hidden and ergonomic switches, transmission lead-frames, complex insert molded solutions, LED-based lighting solutions, and sensors, which incorporate magneto-elastic sensing, or other sensing technologies that monitor the operation or status of a component or system. The Industrial segment manufactures exterior and interior lighting solutions, industrial safety radio remote controls, braided flexible cables, current-carrying laminated busbars and devices, custom power-product assemblies comprising PowerRail solutions, high-current high-voltage flexible power cabling systems, and powder-coated busbars that are used in various markets and applications, including aerospace, commercial vehicles, data centers, industrial equipment, military, power conversion, telecommunications, and transportation. The Interface segment provides a variety of high-speed digital communication over copper media solutions for the data center and broadband markets, and interface panel solutions for the appliance market; and solutions, including copper transceivers, distribution point units, and solid-state field-effect consumer touch panels. The company serves end markets of transportation, including automotive, commercial vehicle, e-bike, aerospace, bus, and rail; and cloud computing infrastructure, construction equipment, and consumer appliance industries. Methode Electronics, Inc. was incorporated in 1946 and is headquartered in Chicago, Illinois.

Website
www.methode.com
Location
Southfield, MI, US
Phone708 867 6777
Employees6,650
CEOJonathan DeGaynor
Sector
Industrials
Industry
Electrical Equipment
IPO DateOct 20, 1982

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Latest Documents

SEC Filings(1.6K)

Expand
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers23 Oct
  • SC 13GMETHODE ELECTRONICS INC19 Oct
  • 4Statement of changes in beneficial ownership5 Oct
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers25 Sep
  • 4Statement of changes in beneficial ownership24 Sep
  • 4Statement of changes in beneficial ownership24 Sep
  • 4Statement of changes in beneficial ownership24 Sep
  • 4Statement of changes in beneficial ownership24 Sep
  • 4Statement of changes in beneficial ownership24 Sep
  • 4Statement of changes in beneficial ownership24 Sep
  • 4Statement of changes in beneficial ownership24 Sep
  • 4Statement of changes in beneficial ownership24 Sep
  • 4Statement of changes in beneficial ownership24 Sep
  • 4Statement of changes in beneficial ownership24 Sep
  • 4Statement of changes in beneficial ownership24 Sep
  • 4Statement of changes in beneficial ownership24 Sep
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers17 Sep
  • S-8Registration statement (employee benefit plan)16 Sep
  • 4Statement of changes in beneficial ownership14 Sep
  • 4Statement of changes in beneficial ownership3 Sep

News

  • How Much Upside is Left in Methode (MEI)? Wall Street Analysts Think 39.77%5 Oct
  • Head-To-Head Survey: Climb Global Solutions (NASDAQ:CLMB) and Methode Electronics (NYSE:MEI)1 Oct
  • Methode Electronics to Host Investor Day at New York Stock Exchange on December 17, 202622 Sep
  • Methode Electronics' Board Approves Dividend16 Sep
  • Methode Electronics, Inc. (MEI) Q1 2027 Earnings Call Transcript3 Sep
  • Methode Electronics Q1 Earnings Call Highlights3 Sep
  • Methode (MEI) Reports Q1 Loss, Beats Revenue Estimates2 Sep
  • Methode Electronics, Inc. Reports Fiscal 2027 First Quarter Financial Results2 Sep
  • Methode Electronics Announces First Quarter Fiscal 2027 Results Conference Call26 Aug

Mentions in Filings

  • … retirement from PwC, Ms. Bobek taught Advanced Auditing in the Masters of Accountancy program at the University of Iowa’s Henry B. Tippie College of Business for five years. Since 2020, she has been a director and member of the audit and nominating and governance committees of the board of directors of <strong>Methode Electronics, Inc.</strong>, a global developer of custom engineered and application-specific products and solutions. Ms. Bobek has been a 47 ---
    NORTHERN FUNDSMethode Electronics Inc·485APOS - Post-effective amendment (open-end investment companies)·Q2 27·25 Sep
  • nationwide network of partners and managers whose main responsibility was to support audit quality in the field. After retirement from PwC, Ms. Bobek taught Advanced Auditing in the Masters of Accountancy program at the University of Iowa’s Henry B. Tippie College of Business for five years. Since 2020, she has been a director and member of the audit and nominating and governance committees of the board of directors of Methode Electronics, Inc., …
    NORTHERN FUNDSMethode Electronics Inc·497 - Definitive materials (investment companies)·Q2 27·25 Sep
  • … ns. The FY27 peer group includes the following companies. | | | | | --- | --- | --- | | **FY27 Peer Group** | | | | Allient Inc. | Daktronics, Inc. | L.B. Foster Company | | Ameresco, Inc. | Gibraltar Industries | <strong>Methode Electronics</strong> Inc. | | Apogee Enterprises, Inc. | Gorman-Rupp Company | Orion Group Holdings Inc. | | CECO Environmental Corp. | Hayward Holdings | Standex International Corp. | | CTS Corp. | Janus International Group | Trex Comp …
    LSI INDUSTRIES INCMethode Electronics Inc·DEF 14A - Definitive proxy statement·Q2 27·9 Oct
  • … e since July 2026 | • Adjunct Lecturer in the Masters of Accountancy Program, University of Iowa Tippie College of Business from 2018 to 2022; •Assurance Partner, PricewaterhouseCoopers LLP from 1997 to 2018. | •<strong>Methode Electronics, Inc.</strong> •Trustee of Northern Funds since 2019 •Trustee of Northern Institutional Funds since 2019 | | Ingrid LaMae A. de Jongh Year of Birth: 1965 Trustee since July 2026 | • Chief Schooling Officer & Provost since 2020 …
    FLEXSHARES TRUSTMethode Electronics Inc·497 - Definitive materials (investment companies)·Q4 26·9 Oct
  • … e Inc. | BELFB | | Benchmark Electronics, Inc. | BHE | | CTS Corporation | CTS | | Daktronics, Inc. | DAKT | | ePlus inc. | PLUS | | Fabrinet Co. Ltd. | FN | | Itron, Inc. | ITRI | | Knowles Corporation | KN | | <strong>Methode Electronics, Inc.</strong> | MEI | | OSI Systems, Inc. | OSIS | | Plexus Corp. | PLXS | | Powell Industries, Inc. | POWL | | Preformed Line Products Company | PLPC | | Rogers Corporation | ROG | | Sanmina Corporation | SANM | | TTM Technol …
    Kimball Electronics, Inc.Methode Electronics Inc·DEF 14A - Definitive proxy statement·Q2 27·30 Sep
  • … stee since 2019 | • Adjunct Lecturer in the Masters of Accountancy Program, University of Iowa Tippie College of Business from 2018 to 2022; • Assurance Partner, PricewaterhouseCoopers LLP from 1997 to 2018. | • <strong>Methode Electronics, Inc.</strong> | | Ingrid LaMae A. de Jongh Year of Birth: 1965 Trustee since 2019 | • Chief Schooling Officer & Provost since 2020 and Head of School Management and Technology from 2016 to 2020, Success Academy Charter Schools …
    NORTHERN FUNDSMethode Electronics Inc·485APOS - Post-effective amendment (open-end investment companies)·Q2 27·25 Sep

Key Stats

Trading

Px/Chg 1D$15.74 / +10.15%
Avg Volume778.42K
Beta1.62
Mkt Cap558.33M
FD Mkt Cap633.53M

Float

Shrs Out/Float35.47M / 34.53M
Short Float0.06%
Days to Cover1.36
Stock Repurchased$0.00

Current Valuation

EV788.73M
EV/EBITDA20.12
EV/Sales0.81
P/B0.83
P/S0.57
FCF Yield1.81%
ROE-2.36%
ROA-1.22%
Current Ratio2.41

Dividend

Cash$0.05
Yield3.06%
Yield (TTM)3.06%

Estimates

P/E-8.67
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgAug '22Sep '23Sep '24Sep '25Oct '26
PRICE-BASED RATIOS
Price / Earnings19.6214.74130.43-2.89-9.09-35.11
Price / Sales1.701.293.510.321.002.39
Price / Book Value0.891.651.120.470.370.83
Price / Free Cash Flow-2.8424.7827.95-132.019.7855.28
ENTERPRISE VALUE METRICS
Enterprise Value930.11,565.81,246.0553.1496.9788.7
Enterprise Value / Sales2.261.354.140.501.933.37
Enterprise Value / EBITDA-16.358.9756.90-10.34-225.8888.62
Enterprise Value / EBIT-4.4712.83135.44-4.97-27.30-138.37

Financials

Full Financials
Millions USD5Yr CAGR (%)May '21Apr '22Apr '23Apr '24May '25
INCOME STATEMENT
Revenue-93%1,088.01,163.61,179.61,114.51,048.1
Gross Income-12.1%274.1264.9264.1180.5163.4
EBITDA-36.5%191.6174.6142.3-53.531.1
EBIT—140.1122.092.8-111.4-21.2
Net Income—122.3102.277.1-123.3-62.6
EPS (Diluted)—3.192.702.10-3.48-1.76
BALANCE SHEET
Cash & ST Inv-18.4%233.2172.0157.0161.5103.6
Total Assets-2.9%1,467.01,389.11,579.11,403.51,305.8
Total Liabilities2.8%549.0475.3626.2637.5612.5
Total Shareholder Equity-6.8%918.0913.8941.8766.0693.3
CASH FLOW
Net Operating Cash Flow-38.1%179.898.8132.847.526.4
Cap Ex13.7%-24.9-38.0-42.0-50.2-41.6
Free Cash Flow—154.960.890.8-2.7-15.2

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)12.11
Basic Shares35.47
Market Cap429.4
Diluted Shares35.47
Fully Diluted Shares Outstanding35.47
Fully Diluted Market Cap429.4
+Consolidated Debt364.1
−In-the-Money Convertible Debt—
+Capital Leases23.2
+Operating Leases—
−Cash & Equivalents-133.7
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value659.8

Segment data

Revenue

by Products and services

  • Industrial46%
  • Automotive45%
  • Corporate And Intersegment Elimination5%
  • Interface4%

Revenue

by Geography

  • United States45%
  • Malta20%
  • China13%
  • Other Countries12%
  • Egypt10%

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