MEI
Methode Electronics, Inc.
MEI lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to shrink.
MEI Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Under pressure | |
| Under pressure |
MEI's revenue is currently healthy, and its profitability is stable, but its cash flow and balance sheet are under pressure.
MEI PE Valuation
MEI has no meaningful PE right now: it lost money over the past year.
MEI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect MEI's losses to shrink, with revenue growing.
MEI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.04 | +$0.50 |
| Q2 2026 | -$1.01 | +$0.76 |
| Q1 2026 | -$1.81 | +$0.79 |
| Q4 2025 | -$1.77 | +$0.75 |
| Q3 2025 | -$1.54 | +$2.48 |
| Q2 2025 | -$1.77 | +$1.71 |
| Q1 2025 | -$2.60 | -$0.97 |
| Q4 2024 | -$2.52 | -$1.76 |
MEI is still losing money, but far less than before: $1.04 per share over the past year, against $4.02 at its worst in mid-2024.
MEI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $265.4M | +10% |
| Q2 2026 | $298.1M | +16% |
| Q1 2026 | $233.7M | -2.6% |
| Q4 2025 | $246.9M | -16% |
| Q3 2025 | $240.5M | -7% |
| Q2 2025 | $257.1M | -7.3% |
| Q1 2025 | $239.9M | -7.6% |
| Q4 2024 | $292.6M | +1.6% |
MEI's revenue is recovering but still below its 2022 peak: $265M last quarter, up 10% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -1.5% | -1.9 points |
| Q2 2026 | 3.7% | +13 points |
| Q1 2026 | -2.6% | -1.7 points |
| Q4 2025 | 1.2% | -2 points |
| Q3 2025 | 0.5% | +3.4 points |
| Q2 2025 | -9.2% | +13 points |
| Q1 2025 | -0.9% | +0.2 points |
| Q4 2024 | 3.2% | +21 points |
MEI's operating margin was −1.5% last quarter, down 1.9 points from the same quarter a year ago.
MEI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$10.9M | -161% |
| Q2 2026 | -$900K | -103% |
| Q1 2026 | $10.1M | -48% |
| Q4 2025 | -$11.6M | +$46.8M |
| Q3 2025 | $18M | +$20.7M |
| Q2 2025 | $26.3M | +66% |
| Q1 2025 | $19.6M | +61% |
| Q4 2024 | -$58.4M | -$47.1M |
MEI's free cash flow has turned negative after years in the green: −$13M over the past year.
MEI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +152K shares |
| 1 year | +0.9% | +301K shares |
| 3 years | -1.7% | -608K shares |
| 5 years | -7.2% | -2.8M shares |
| Available history | -5.5% | -2.1M shares |
MEI has 36M diluted shares, up 0.9% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | $1.6M |
MEI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.1x | Elevated |
| Q2 2026 | 2.7x | Moderate |
| Q1 2026 | 6.0x | High |
| Q4 2025 | 5.6x | High |
| Q3 2025 | 4.6x | High |
| Q2 2025 | 6.2x | High |
| Q1 2024 | 14.9x | High |
| Q4 2023 | 5.0x | High |
MEI's net debt is about 3.1 years of its operating earnings (EBITDA), down from 4.6 years a year ago.
MEI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.1 | Neutral |
| Stochastic | 24.6 | Neutral |
MEI's weekly RSI is 48 (neutral) and its Stochastic is 25 (neutral).
MEI PE vs Technology Sector
| Metric | MEI | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
MEI has no meaningful PE right now: it lost money over the past year.
MEI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $13.6 | 8.9% below |
| 20 week MA | $14.7 | 16% below |
| 50 week MA | $11.1 | 12% above |
| 100 week MA | $9.61 | 29% above |
| 200 week MA | $16.7 | 26% below |
MEI's trend is mixed: it's above two of its five weekly moving averages, and 26% below its 200-week average.
MEI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $39.2 | $37.7 | -3.7% |
| 2021 | $37.7 | $47.4 | +26% |
| 2022 | $47.4 | $44.3 | -6.7% |
| 2023 | $44.3 | $22.7 | -49% |
| 2024 | $22.7 | $12.2 | -46% |
| 2025 | $12.2 | $6.76 | -45% |
| 2026 YTD | $6.76 | $12.4 | +84% |
MEI has finished four years in a row lower, and it's up 84% so far in 2026.