1.21%
-3.71%
-4.72%
9.66%
-47.62%
-75.91%
-63.81%
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Company Description
Methode Electronics, Inc.designs, engineers, and produces mechatronic products worldwide.It operates through four segments: Automotive, Industrial, Interface, and Medical.
The Automotive segment supplies electronic and electro-mechanical devices, and related products to automobile original equipment manufacturers directly or through their tiered suppliers.Its products include integrated center consoles, hidden switches, ergonomic switches, transmission lead-frames, and LED-based lighting and sensors, which incorporate magneto-elastic sensing and other technologies that monitor the operation or status of a component or system.The Industrial segment manufactures lighting solutions; industrial safety radio remote controls; braided flexible cables; current-carrying laminated busbars and devices; custom power-product assemblies, such as PowerRail solution; high-current low-voltage flexible power cabling systems; and powder-coated busbars that are used in various markets and applications comprising aerospace, cloud computing, commercial vehicles, industrial, military, power conversion, and transportation.
The Interface segment provides various copper-based transceivers and related accessories for the cloud computing hardware equipment and telecommunications broadband equipment markets; user interface solutions for the appliance, commercial food service, and point-of-sale equipment markets; and fluid-level sensors for the marine/recreational vehicle and sump pump markets.The Medical segment offers Dabir Surfaces, a surface support technology aimed at pressure injury prevention for use by patients who are immobilized or otherwise at risk for pressure injuries, including patients undergoing long-duration surgical procedures.Methode Electronics, Inc.
was incorporated in 1946 and is headquartered in Chicago, Illinois.
Market Data
| Last Price | 10.9 |
| Change Percentage | 1.21% |
| Open | 10.69 |
| Previous Close | 10.77 |
| Market Cap ( Millions) | 389 |
| Volume | 361388 |
| Year High | 21.65 |
| Year Low | 8.54 |
| M A 50 | 11.55 |
| M A 200 | 11.09 |
Financial Ratios
| FCF Yield | -8.52% |
| Dividend Yield | 5.14% |
| ROE | -11.52% |
| Debt / Equity | 50.07% |
| Net Debt / EBIDTA | -3895.71% |
| Price To Book | 0.52 |
| Price Earnings Ratio | -4.36 |
| Price To FCF | -11.74 |
| Price To sales | 0.36 |
| EV / EBITDA | -94.48 |
News
- Feb -20 - Methode Electronics to Release Third Quarter Fiscal 2025 Results on Wednesday, March 5, 2025
- Feb -14 - Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Methode Electronics, Inc. (MEI) and Encourages Shareholders to Learn More About the Investigation
- Feb -13 - Methode Electronics, Inc. (MEI) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Contact the Firm to Learn More About the Investigation
- Feb -12 - MEI Pharma Reports Second Quarter Fiscal Year 2025 Cash Position
- Feb -12 - Bronstein, Gewirtz & Grossman, LLC Encourages Methode Electronics, Inc. (MEI) Shareholders to Inquire about Securities Investigation
- Feb -11 - Bronstein, Gewirtz & Grossman, LLC Is Investigating Methode Electronics, Inc. (MEI) And Encourages Shareholders to Connect
- Feb -10 - Kuehn Law Encourages Investors of Methode Electronics, Inc. to Contact Law Firm
- Feb -10 - Bronstein, Gewirtz & Grossman, LLC Encourages Methode Electronics, Inc. (MEI) Stockholders to Inquire about Securities Investigation
- Feb -09 - Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Methode Electronics, Inc. (MEI) and Encourages Investors to Learn More About the Investigation
- Feb -07 - Methode Electronics, Inc. (MEI) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation
- Feb -07 - METHODE ELECTRONICS ALERT: Bragar Eagel & Squire, P.C. is Investigating Methode Electronics Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
- Feb -06 - Bronstein, Gewirtz & Grossman, LLC Is Investigating Methode Electronics, Inc. (MEI) And Encourages Investors to Connect
- Feb -05 - Bronstein, Gewirtz & Grossman, LLC Encourages Methode Electronics, Inc. (MEI) Stockholders to Inquire about Securities Investigation
- Feb -04 - Methode Electronics, Inc. (MEI) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Stockholders to Contact the Firm to Learn More About the Investigation
- Feb -03 - Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Methode Electronics, Inc. (MEI) and Encourages Stockholders to Learn More About the Investigation
- Feb -02 - Bronstein, Gewirtz & Grossman, LLC Encourages Methode Electronics, Inc. (MEI) Investors to Inquire about Securities Investigation
- Jan -31 - Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Methode Electronics, Inc. (MEI) And Encourages Investors to Reach Out
- Jan -30 - Methode Electronics Appoints Karen Keegans as Chief Human Resources Officer
- Jan -14 - Bronstein, Gewirtz & Grossman, LLC Is Investigating Methode Electronics, Inc. (MEI) And Encourages Shareholders to Connect
- Jan -13 - Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Methode Electronics, Inc. (MEI) And Encourages Shareholders to Reach Out
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Automotive
Expected Growth : 8.3 %
What the company do ?
Methode Electronics' Automotive segment provides custom and standard sensors, switches, and interfaces for automotive applications, enhancing safety, comfort, and connectivity in vehicles.
Why we expect these perspectives ?
Methode Electronics' 8.3% growth in Automotive segment is driven by increasing demand for electric vehicles, autonomous driving, and advanced safety features. OEMs' focus on electrification, connectivity, and autonomous technologies is fueling growth. Additionally, Methode's innovative solutions in areas like battery management, power distribution, and sensor integration are well-positioned to capitalize on these trends.
Segment n°2 -> Industrial
Expected Growth : 8.28 %
What the company do ?
Industrial segment of Methode Electronics, Inc. provides custom and standard busbars, thermal management systems, and other components for industrial and transportation industries.
Why we expect these perspectives ?
Methode Electronics' Industrial segment growth of 8.28% is driven by increasing demand for electric vehicles, rising adoption of Industry 4.0 technologies, and growing need for energy storage solutions. Additionally, the company's diversified customer base, innovative product offerings, and strategic acquisitions have contributed to its growth momentum.
Segment n°3 -> Interface
Expected Growth : 8.5 %
What the company do ?
Interface from Methode Electronics, Inc. is a high-speed, modular connector system for automotive and industrial applications, offering flexibility and reliability.
Why we expect these perspectives ?
Methode Electronics' Interface segment growth of 8.5% is driven by increasing demand for electric vehicles, rising adoption of advanced driver-assistance systems (ADAS), and growing need for high-speed connectivity solutions in the automotive and industrial markets.
Segment n°4 -> Eliminations/Corporate
Expected Growth : 4.83 %
What the company do ?
Eliminations/Corporate from Methode Electronics, Inc. refers to the consolidation of financial results, eliminating intercompany transactions and presenting a unified corporate view.
Why we expect these perspectives ?
Methode Electronics' Eliminations/Corporate segment growth of 4.83% is driven by strategic cost savings initiatives, operational efficiencies, and effective working capital management. Additionally, the company's focus on optimizing its global footprint and streamlining operations has contributed to the segment's growth.
Segment n°5 -> Medical
Expected Growth : 8.5 %
What the company do ?
Methode Electronics' Medical segment provides medical device manufacturing and engineering services, offering custom design, development, and production of medical devices and equipment.
Why we expect these perspectives ?
Methode Electronics' Medical segment growth of 8.5% is driven by increasing demand for medical devices, expansion into emerging markets, and strategic partnerships. Additionally, the company's focus on innovative product development, such as wireless patient monitoring systems and portable defibrillators, is contributing to its growth.
Methode Electronics, Inc. Products
| Product Range | What is it ? |
|---|---|
| Busbars | Customizable, high-power busbars for electrical power distribution and circuit protection in various industries |
| Cable Assemblies | Custom-designed cable assemblies for various industries, including automotive, aerospace, and industrial |
| Fuses | High-reliability fuses for overcurrent protection in various industries, including automotive, aerospace, and industrial |
| Magnetic Products | Custom-designed magnetic products, including inductors, transformers, and chokes, for various industries |
| Power Distribution Modules | Customizable power distribution modules for electrical power distribution and circuit protection in various industries |
| Radio Frequency (RF) Components | Custom-designed RF components, including antennas, filters, and switches, for various industries |
| Sensor Products | Custom-designed sensor products, including temperature, pressure, and position sensors, for various industries |
Methode Electronics, Inc.'s Porter Forces
Threat Of Substitutes
Methode Electronics, Inc. faces moderate threat from substitutes due to the presence of alternative technologies and products in the market.
Bargaining Power Of Customers
Customers have limited bargaining power due to the specialized nature of Methode Electronics, Inc.'s products and services.
Bargaining Power Of Suppliers
Suppliers have moderate bargaining power due to the presence of multiple suppliers in the market, but Methode Electronics, Inc.'s large scale of operations gives it some negotiating power.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the industry, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The industry is highly competitive, with multiple players competing for market share, leading to a high intensity of rivalry.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 26.26% |
| Debt Cost | 3.95% |
| Equity Weight | 73.74% |
| Equity Cost | 8.10% |
| WACC | 7.01% |
| Leverage | 35.61% |
Methode Electronics, Inc. : Quality Control
Methode Electronics, Inc. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| OUST | Ouster, Inc. designs and manufactures high-resolution digital lidar sensors and enabling software that offers 3D vision to machinery, vehicles, robots, and fixed infrastructure assets. Its product portfolio includes OS, a … |
| REFR | Research Frontiers Incorporated develops and markets technology and devices to control the flow of light worldwide. The company develops and licenses suspended particle device (SPD-Smart) light-control technology to companies that … |
| RELL | Richardson Electronics, Ltd. engages in the power and microwave technologies, customized display solutions, and healthcare businesses in North America, the Asia Pacific, Europe, and Latin America. Its Power and Microwave … |
| ALNT | Allient Inc., together with its subsidiaries, designs, manufactures, and sells precision and specialty controlled motion components and systems for various industries worldwide. It offers brush and brushless DC motors, brushless … |
| MPTI | M-tron Industries, Inc. designs, manufactures, and markets frequency and spectrum control products. It operates in two product groups, Frequency Control and Spectrum Control. The Frequency Control product group includes a … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Richardson Electronics
A-Score
1-Year Total Return ->
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Methode Electronics
A-Score
1-Year Total Return ->
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M-tron
A-Score
1-Year Total Return ->
4
Research Frontiers
A-Score
1-Year Total Return ->
5
Ouster
A-Score
1-Year Total Return ->
6
