$324.53M Market Cap.
MEC Market Cap. (MRY)
MEC Shares Outstanding (MRY)
MEC Assets (MRY)
Total Assets
$445.57M
Total Liabilities
$193.82M
Total Investments
$0
MEC Income (MRY)
Revenue
$581.60M
Net Income
$25.97M
Operating Expense
$26.54M
MEC Cash Flow (MRY)
CF Operations
$89.81M
CF Investing
-$11.71M
CF Financing
-$78.56M
MEC Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $0 | 0% | 0% | 0% | - |
2023 | $0 | 0% | 0% | 0% | - |
2022 | $0 | 0% | 0% | 0% | - |
2021 | $0 | 0% | 0% | 0% | - |
2020 | $0 | 0% | - | 0% | - |
MEC Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $445,570,000 (-10.29%) | $496,661,000 (12.73%) | $440,581,000 (16.10%) | $379,473,000 (12.09%) |
Assets Current | $112,944,000 (-16.10%) | $134,623,000 (-4.73%) | $141,303,000 (6.59%) | $132,566,000 (48.54%) |
Assets Non-Current | $332,626,000 (-8.12%) | $362,038,000 (20.97%) | $299,278,000 (21.21%) | $246,907,000 (-0.95%) |
Goodwill & Intangible Assets | $144,384,000 (-4.58%) | $151,317,000 (31.19%) | $115,344,000 (-5.68%) | $122,296,000 (-8.05%) |
Shareholders Equity | $251,753,000 (9.47%) | $229,978,000 (5.56%) | $217,867,000 (9.88%) | $198,271,000 (-1.29%) |
Property Plant & Equipment Net | $185,143,000 (-10.98%) | $207,978,000 (14.37%) | $181,844,000 (50.60%) | $120,746,000 (13.18%) |
Cash & Equivalents | $206,000 (-69.35%) | $672,000 (429.13%) | $127,000 (7.63%) | $118,000 (-2.48%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $59,517,000 (-18.74%) | $73,239,000 (-8.04%) | $79,646,000 (7.47%) | $74,107,000 (66.56%) |
Trade & Non-Trade Receivables | $49,782,000 (-13.34%) | $57,445,000 (-0.96%) | $58,001,000 (4.66%) | $55,417,000 (31.69%) |
Trade & Non-Trade Payables | $39,119,000 (-15.92%) | $46,526,000 (-13.42%) | $53,735,000 (7.21%) | $50,119,000 (49.63%) |
Accumulated Retained Earnings (Deficit) | $60,086,000 (76.11%) | $34,118,000 (29.85%) | $26,274,000 (248.14%) | $7,547,000 (-49.68%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $16,831,000 (33.52%) | $12,606,000 (6.67%) | $11,818,000 (36.77%) | $8,641,000 (-27.31%) |
Total Debt | $110,051,000 (-39.25%) | $181,163,000 (66.23%) | $108,984,000 (61.20%) | $67,610,000 (41.02%) |
Debt Current | $4,914,000 (-2.96%) | $5,064,000 (4.26%) | $4,857,000 (0%) | $0 (0%) |
Debt Non-Current | $105,137,000 (-40.30%) | $176,099,000 (69.12%) | $104,127,000 (54.01%) | $67,610,000 (42.88%) |
Total Liabilities | $193,817,000 (-27.32%) | $266,683,000 (19.74%) | $222,714,000 (22.91%) | $181,202,000 (31.61%) |
Liabilities Current | $64,592,000 (-9.92%) | $71,709,000 (-30.00%) | $102,448,000 (32.41%) | $77,372,000 (46.70%) |
Liabilities Non-Current | $129,225,000 (-33.72%) | $194,974,000 (62.12%) | $120,266,000 (15.83%) | $103,830,000 (22.24%) |
MEC Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $581,604,000 (-1.16%) | $588,425,000 (9.09%) | $539,392,000 (18.59%) | $454,826,000 (27.19%) |
Cost of Revenue | $510,507,000 (-1.58%) | $518,722,000 (8.45%) | $478,323,000 (18.56%) | $403,451,000 (23.72%) |
Selling General & Administrative Expense | $31,518,000 (4.43%) | $30,182,000 (22.23%) | $24,692,000 (20.99%) | $20,409,000 (7.17%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $26,544,000 (-46.39%) | $49,512,000 (40.28%) | $35,295,000 (-39.94%) | $58,766,000 (54.65%) |
Interest Expense | $10,989,000 (-0.93%) | $11,092,000 (228.17%) | $3,380,000 (68.75%) | $2,003,000 (-24.93%) |
Income Tax Expense | $7,596,000 (631.09%) | $1,039,000 (-71.67%) | $3,667,000 (288.73%) | -$1,943,000 (6.32%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $25,968,000 (231.06%) | $7,844,000 (-58.11%) | $18,727,000 (351.34%) | -$7,451,000 (-5.06%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $25,968,000 (231.06%) | $7,844,000 (-58.11%) | $18,727,000 (351.34%) | -$7,451,000 (-5.06%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $25,968,000 (231.06%) | $7,844,000 (-58.11%) | $18,727,000 (351.34%) | -$7,451,000 (-5.06%) |
Weighted Average Shares | $20,611,192 (0.96%) | $20,415,157 (0.08%) | $20,399,737 (-0.02%) | $20,404,543 (2.55%) |
Weighted Average Shares Diluted | $20,972,192 (1.32%) | $20,698,970 (0.08%) | $20,682,628 (-0.71%) | $20,830,977 (4.69%) |
Earning Before Interest & Taxes (EBIT) | $44,553,000 (123.04%) | $19,975,000 (-22.50%) | $25,774,000 (448.72%) | -$7,391,000 (-13.74%) |
Gross Profit | $71,097,000 (2.00%) | $69,703,000 (14.14%) | $61,069,000 (18.87%) | $51,375,000 (63.09%) |
Operating Income | $44,553,000 (120.66%) | $20,191,000 (-21.66%) | $25,774,000 (448.72%) | -$7,391,000 (-13.74%) |
MEC Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$11,712,000 (88.75%) | -$104,132,000 (-105.52%) | -$50,668,000 (-49.19%) | -$33,961,000 (-488.17%) |
Net Cash Flow from Financing | -$78,561,000 (-222.15%) | $64,314,000 (3777.19%) | -$1,749,000 (-108.97%) | $19,501,000 (163.67%) |
Net Cash Flow from Operations | $89,807,000 (122.50%) | $40,363,000 (-23.01%) | $52,426,000 (262.63%) | $14,457,000 (-60.42%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$466,000 (-185.50%) | $545,000 (5955.56%) | $9,000 (400.00%) | -$3,000 (-102.50%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | -$88,593,000 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$11,712,000 (24.63%) | -$15,539,000 (69.33%) | -$50,668,000 (-49.19%) | -$33,961,000 (-488.17%) |
Issuance (Repayment) of Debt Securities | -$69,181,000 (-203.29%) | $66,975,000 (1994.28%) | $3,198,000 (-85.15%) | $21,541,000 (177.17%) |
Issuance (Purchase) of Equity Shares | -$5,551,000 (-108.61%) | -$2,661,000 (46.21%) | -$4,947,000 (-145.63%) | -$2,014,000 (19.73%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $5,186,000 (15.63%) | $4,485,000 (19.31%) | $3,759,000 (-24.24%) | $4,962,000 (4.86%) |
Depreciation Amortization & Accretion | $42,955,000 (10.37%) | $38,920,000 (15.96%) | $33,562,000 (5.60%) | $31,783,000 (-0.95%) |
MEC Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 12.20% (3.39%) | 11.80% (4.42%) | 11.30% (0.00%) | 11.30% (28.41%) |
Profit Margin | 4.50% (246.15%) | 1.30% (-62.86%) | 3.50% (318.75%) | -1.60% (20.00%) |
EBITDA Margin | 15.00% (50.00%) | 10.00% (-9.09%) | 11.00% (103.70%) | 5.40% (-25.00%) |
Return on Average Equity (ROAE) | 10.80% (208.57%) | 3.50% (-60.67%) | 8.90% (347.22%) | -3.60% (-2.86%) |
Return on Average Assets (ROAA) | 5.50% (243.75%) | 1.60% (-61.90%) | 4.20% (310.00%) | -2.00% (0.00%) |
Return on Sales (ROS) | 7.70% (126.47%) | 3.40% (-29.17%) | 4.80% (400.00%) | -1.60% (11.11%) |
Return on Invested Capital (ROIC) | 11.20% (148.89%) | 4.50% (-41.56%) | 7.70% (340.63%) | -3.20% (-18.52%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | 12.48 (-67.12%) | 37.95 (175.76%) | 13.76 (134.15%) | -40.3 (-8.10%) |
Price to Sales Ratio (P/S) | 0.56 (11.40%) | 0.5 (4.38%) | 0.48 (-28.40%) | 0.67 (-10.44%) |
Price to Book Ratio (P/B) | 1.29 (1.26%) | 1.27 (8.62%) | 1.17 (-23.75%) | 1.54 (14.70%) |
Debt to Equity Ratio (D/E) | 0.77 (-33.62%) | 1.16 (13.50%) | 1.02 (11.82%) | 0.91 (33.43%) |
Earnings Per Share (EPS) | 1.26 (231.58%) | 0.38 (-58.70%) | 0.92 (348.65%) | -0.37 (-2.78%) |
Sales Per Share (SPS) | 28.22 (-2.10%) | 28.82 (9.01%) | 26.44 (18.62%) | 22.29 (24.03%) |
Free Cash Flow Per Share (FCFPS) | 3.79 (211.60%) | 1.22 (1313.95%) | 0.09 (109.00%) | -0.96 (-161.88%) |
Book Value Per Share (BVPS) | 12.21 (8.42%) | 11.27 (5.48%) | 10.68 (9.91%) | 9.72 (-3.73%) |
Tangible Assets Book Value Per Share (TABVPS) | 14.61 (-13.61%) | 16.92 (6.10%) | 15.94 (26.49%) | 12.6 (22.03%) |
Enterprise Value Over EBIT (EV/EBIT) | 10 (-60.00%) | 25 (78.57%) | 14 (128.57%) | -49 (3.92%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 5.32 (-36.38%) | 8.36 (36.13%) | 6.14 (-58.55%) | 14.82 (14.27%) |
Asset Turnover | 1.23 (3.99%) | 1.18 (-2.97%) | 1.21 (-1.30%) | 1.23 (20.94%) |
Current Ratio | 1.75 (-6.82%) | 1.88 (36.11%) | 1.38 (-19.50%) | 1.71 (1.24%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $78,095,000 (214.59%) | $24,824,000 (1312.06%) | $1,758,000 (109.01%) | -$19,504,000 (-163.43%) |
Enterprise Value (EV) | $465,611,915 (-5.48%) | $492,582,494 (35.12%) | $364,551,964 (0.84%) | $361,522,480 (8.92%) |
Earnings Before Tax (EBT) | $33,564,000 (277.85%) | $8,883,000 (-60.33%) | $22,394,000 (338.39%) | -$9,394,000 (-2.49%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $87,508,000 (48.58%) | $58,895,000 (-0.74%) | $59,336,000 (143.26%) | $24,392,000 (-4.69%) |
Invested Capital | $346,439,000 (-23.71%) | $454,126,000 (36.93%) | $331,646,000 (34.11%) | $247,297,000 (23.27%) |
Working Capital | $48,352,000 (-23.15%) | $62,914,000 (61.92%) | $38,855,000 (-29.60%) | $55,194,000 (51.18%) |
Tangible Asset Value | $301,186,000 (-12.79%) | $345,344,000 (6.18%) | $325,237,000 (26.46%) | $257,177,000 (25.13%) |
Market Capitalization | $324,528,915 (10.82%) | $292,846,494 (14.67%) | $255,386,964 (-16.19%) | $304,711,480 (13.19%) |
Average Equity | $240,557,500 (6.24%) | $226,433,000 (7.06%) | $211,500,500 (2.14%) | $207,059,750 (3.06%) |
Average Assets | $474,906,000 (-4.93%) | $499,515,250 (12.44%) | $444,256,750 (20.17%) | $369,686,750 (5.10%) |
Invested Capital Average | $397,734,750 (-9.59%) | $439,903,000 (30.59%) | $336,862,000 (47.93%) | $227,719,750 (-4.17%) |
Shares | 20,644,333 (1.65%) | 20,308,356 (0.67%) | 20,172,746 (-1.29%) | 20,436,719 (1.88%) |
