Metrics to compare | MEI | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipMEIPeersSector | |
|---|---|---|---|---|
P/E Ratio | −19.0x | 13.3x | 12.1x | |
PEG Ratio | −0.44 | 0.31 | 0.01 | |
Price/Book | 1.0x | 1.2x | 2.4x | |
Price / LTM Sales | 0.7x | 0.5x | 2.3x | |
Upside (Analyst Target) | −13.9% | 29.3% | 29.2% | |
Fair Value Upside | Unlock | 26.2% | 6.2% | Unlock |
Methode Electronics, Inc. designs, engineers, manufacture, and sells mechatronic products in North America, Europe, the Middle East, Africa, and Asia. The company operates in four segments: Automotive, Industrial, Interface, and Medical. Its Automotive segment supplies electronic and electro-mechanical devices and related products to automobile original equipment manufacturers directly or through their tiered suppliers. This segment also provides vehicle systems from power distribution solutions, including busbars, smart connect systems, battery disconnect units, and integrated circuit boards, interface components, specialized LED lighting solutions, and advanced sensor applications. 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. Its Interface segment provides a variety of high-speed digital communication over copper media solutions for the data networking and broadband markets, and user 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 and data center infrastructure, construction equipment, and consumer appliance industries. Methode Electronics, Inc. was incorporated in 1946 and is headquartered in Southfield, Michigan.