Methode Electronics, Inc. (MEI) Key Metrics
MEI valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $475.1M
- Enterprise value
- $698.9M
- P/E (TTM)
- — 10-yr median 16.5
- Forward P/E
- 10.2
- PEG ratio
- 0.78
- Price / sales
- 0.5 10-yr median 1.2
- Price / book
- 0.7 10-yr median 1.6
- EV / EBITDA
- 10.2 10-yr median 9.1
- Dividend yield
- 1.50% $0.20 a year
- Beta
- 1.56
MEI key metrics, FY2017–FY2026
Fiscal year ended April 30, 2026 · U.S. dollarsMEI valuation Price multiples at each fiscal year-end price.
MEI returns How much profit the business earns on the capital it uses.
MEI per-share figures Results divided by the shares outstanding at year-end.
MEI financial health Debt, liquidity and how easily interest is covered.
MEI efficiency & capital use Working capital cycle and where the cash goes.
MEI valuation history
MEI returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
MEI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
MEI cash returned to shareholders
MEI price vs earnings per share
MEI key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $284.5M | $222.6M | $432.4M | $1.51B | $1.69B | $1.72B | $1.14B | $1.11B | $1.50B | $1.67B |
| Enterprise value | $494.0M | $462.2M | $629.1M | $1.69B | $1.75B | $1.75B | $1.30B | $1.32B | $1.31B | $1.40B |
| P/E ratio | — | — | — | 19.6 | 16.5 | 14.1 | 9.2 | 12.1 | 26.2 | 18.0 |
| Price / sales | 0.3 | 0.2 | 0.4 | 1.3 | 1.4 | 1.6 | 1.1 | 1.1 | 1.6 | 2.0 |
| Price / book | 0.4 | 0.3 | 0.6 | 1.6 | 1.8 | 1.9 | 1.5 | 1.6 | 2.4 | 3.1 |
| Price / free cash flow | 18.2 | — | — | 16.6 | 27.7 | 11.1 | 11.9 | 21.3 | 21.6 | 13.6 |
| Price / operating cash flow | 7.5 | 8.4 | 9.1 | 11.4 | 17.1 | 9.6 | 8.1 | 10.9 | 12.7 | 11.5 |
| EV / sales | 0.5 | 0.4 | 0.6 | 1.4 | 1.5 | 1.6 | 1.3 | 1.3 | 1.4 | 1.7 |
| EV / EBITDA | 6.8 | 14.9 | — | 11.8 | 10.0 | 9.1 | 6.3 | 7.8 | 8.6 | 10.4 |
| EV / free cash flow | 31.7 | — | — | 18.6 | 28.7 | 11.3 | 13.6 | 25.3 | 18.9 | 11.4 |
| Earnings yield | −12.5% | −28.1% | −28.5% | 5.1% | 6.1% | 7.1% | 10.9% | 8.2% | 3.8% | 5.6% |
| Free cash flow yield | 5.5% | −6.8% | −0.6% | 6.0% | 3.6% | 9.0% | 8.4% | 4.7% | 4.6% | 7.4% |
| Dividend yield | 2.9% | 9.2% | 4.6% | 1.3% | 1.2% | 1.0% | 1.4% | 1.5% | 1.0% | 0.8% |
| Shareholder yield (dividends + buybacks) | 3.4% | 9.9% | 7.8% | 4.5% | 5.0% | 1.4% | 1.5% | 1.6% | 1.0% | 1.4% |
| Share price at fiscal year-end | $8.02 | $6.27 | $12.19 | $40.99 | $44.61 | $44.93 | $30.02 | $29.51 | $39.90 | $44.55 |
| Per share | ||||||||||
| Revenue per share | $28.73 | $29.53 | $31.42 | $32.08 | $30.77 | $28.40 | $27.06 | $26.55 | $24.19 | $21.78 |
| Earnings per share | −$1.01 | −$1.76 | −$3.48 | $2.10 | $2.70 | $3.19 | $3.26 | $2.43 | $1.52 | $2.48 |
| Operating cash flow per share | $1.07 | $0.74 | $1.34 | $3.61 | $2.61 | $4.69 | $3.72 | $2.71 | $3.14 | $3.87 |
| Free cash flow per share | $0.44 | −$0.43 | −$0.08 | $2.47 | $1.61 | $4.04 | $2.52 | $1.39 | $1.85 | $3.28 |
| Cash per share | $3.94 | $2.92 | $4.55 | $4.27 | $4.55 | $6.09 | $5.74 | $2.21 | $6.56 | $7.84 |
| Book value per share | $19.10 | $19.53 | $21.60 | $25.61 | $24.16 | $23.96 | $20.70 | $18.31 | $16.78 | $14.43 |
| Tangible book value per share | $8.00 | $7.95 | $9.57 | $10.42 | $12.51 | $11.83 | $8.11 | $5.08 | $13.58 | $14.22 |
| Dividends per share | $0.23 | $0.57 | $0.56 | $0.54 | $0.54 | $0.45 | $0.43 | $0.43 | $0.39 | $0.37 |
| Capex per share | $0.63 | $1.17 | $1.42 | $1.14 | $1.00 | $0.65 | $1.19 | $1.32 | $1.29 | $0.60 |
| Debt per share | $9.84 | $9.67 | $10.10 | $9.12 | $6.12 | $6.88 | $9.99 | $7.77 | $1.54 | $0.72 |
| Shares outstanding | 35.5M | 35.5M | 35.5M | 36.8M | 37.8M | 38.3M | 37.8M | 37.7M | 37.5M | 37.5M |
| Change in shares outstanding | −0.1% | +0.1% | −3.5% | −2.8% | −1.3% | +1.2% | +0.5% | +0.3% | +0.1% | −2.6% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −5.2% | −8.6% | −14.4% | 8.3% | 11.2% | 14.4% | 16.8% | 13.9% | 9.8% | 18.4% |
| Return on invested capital (ROIC) | 0.8% | −2.0% | −8.5% | 7.4% | 10.0% | 12.3% | 13.2% | 14.1% | 16.5% | 31.0% |
| Return on assets (ROA) | −2.7% | −4.6% | −8.3% | 5.2% | 7.2% | 8.6% | 9.5% | 8.5% | 7.1% | 13.7% |
| Return on tangible assets | −3.9% | −7.0% | −12.6% | 7.6% | 10.8% | 12.2% | 13.8% | 12.5% | 7.2% | 13.4% |
| Free cash flow margin | 1.5% | −1.5% | −0.2% | 7.7% | 5.2% | 14.2% | 9.3% | 5.2% | 7.6% | 15.0% |
| Income quality (OCF / net income) | — | — | — | 1.72 | 0.97 | 1.47 | 1.14 | 1.11 | 2.06 | 1.56 |
| Financial health | ||||||||||
| Total debt | $349.1M | $343.2M | $358.2M | $335.4M | $231.3M | $263.7M | $378.0M | $292.6M | $57.8M | $27.0M |
| Cash & short-term investments | $139.6M | $103.6M | $161.5M | $157.0M | $172.0M | $233.2M | $217.3M | $83.2M | $246.1M | $294.0M |
| Net debt | $209.5M | $239.6M | $196.7M | $178.4M | $59.3M | $30.5M | $160.7M | $209.4M | −$188.3M | −$267.0M |
| Debt / equity | 0.52 | 0.50 | 0.47 | 0.36 | 0.25 | 0.29 | 0.48 | 0.42 | 0.09 | 0.05 |
| Debt / assets | 0.27 | 0.26 | 0.26 | 0.21 | 0.17 | 0.18 | 0.28 | 0.24 | 0.06 | 0.04 |
| Net debt / EBITDA | 2.89 | 7.70 | — | 1.25 | 0.34 | 0.16 | 0.78 | 1.24 | −1.23 | −1.98 |
| Current ratio | 2.37 | 2.40 | 2.76 | 2.91 | 3.34 | 3.03 | 3.93 | 2.51 | 3.50 | 4.26 |
| Quick ratio | 1.66 | 1.57 | 1.95 | 2.21 | 2.49 | 2.47 | 3.02 | 1.86 | 2.97 | 3.80 |
| Interest coverage | 0.4 | -1.1 | -6.7 | 33.5 | 31.9 | 24.6 | 14.6 | 12.9 | 131.4 | 277.0 |
| Working capital | $346.5M | $326.7M | $406.3M | $436.4M | $440.4M | $451.3M | $421.8M | $272.6M | $393.0M | $405.9M |
| Invested capital | $887.0M | $932.9M | $962.7M | $1.12B | $973.1M | $948.5M | $944.1M | $899.1M | $441.7M | $274.1M |
| Tangible asset value | $283.7M | $282.2M | $339.4M | $394.3M | $473.1M | $453.0M | $307.0M | $191.5M | $509.8M | $532.9M |
| Net current asset value | −$28.6M | −$52.6M | $200,000 | $38.2M | $153.7M | $125.0M | −$21.6M | −$88.5M | $264.1M | $367.4M |
| Graham number | — | — | — | $34.76 | $38.33 | $41.49 | $38.97 | $31.65 | $23.99 | $28.37 |
| Graham net-net per share | −$5.76 | −$6.42 | −$5.16 | −$3.91 | −$0.34 | −$0.87 | −$4.04 | −$5.96 | $4.11 | $7.58 |
| Capital allocation | ||||||||||
| Dividends paid | $8.3M | $20.4M | $19.9M | $19.8M | $20.4M | $17.4M | $16.3M | $16.3M | $14.7M | $13.7M |
| Share buybacks (net) | $1.4M | $1.6M | $13.7M | $48.1M | $64.5M | $6.7M | $400,000 | $1.7M | $300,000 | $9.8M |
| Dividend payout ratio | — | — | — | 25.7% | 20.0% | 14.2% | 13.2% | 17.8% | 25.7% | 14.7% |
| Dividends + buybacks / free cash flow | 62.2% | — | — | 74.8% | 139.6% | 15.6% | 17.5% | 34.5% | 21.6% | 19.1% |
| Capex / revenue | 2.2% | 4.0% | 4.5% | 3.6% | 3.3% | 2.3% | 4.4% | 5.0% | 5.3% | 2.7% |
| Capex / operating cash flow | 58.9% | 157.6% | 105.7% | 31.6% | 38.5% | 13.8% | 32.1% | 48.8% | 41.1% | 15.4% |
| Capex / depreciation | 0.38 | 0.71 | 0.87 | 0.85 | 0.72 | 0.48 | 0.93 | 1.15 | 1.72 | 0.92 |
| Stock-based compensation / revenue | 0.8% | 0.7% | 0.3% | 1.0% | 1.0% | 0.6% | 0.0% | 1.4% | 0.4% | 1.5% |
| R&D / revenue | — | — | 4.4% | 3.0% | 3.1% | 3.4% | 3.4% | 4.1% | 4.2% | 3.4% |
| SG&A / revenue | 16.7% | 15.6% | 14.4% | 13.1% | 11.5% | 11.7% | 11.4% | 0.9% | 0.6% | 0.0% |
| Efficiency | ||||||||||
| Days sales outstanding | 90.5 | 89.1 | 97.2 | 94.2 | 90.3 | 83.2 | 77.8 | 79.7 | 73.9 | 76.2 |
| Days of inventory on hand | 83.3 | 78.5 | 67.5 | 63.4 | 57.4 | 57.2 | 61.0 | 49.9 | 38.8 | 37.9 |
| Days payables outstanding | 57.8 | 53.3 | 52.9 | 49.3 | 47.0 | 44.1 | 40.8 | 45.1 | 45.0 | 43.8 |
| Cash conversion cycle (days) | 116.0 | 114.3 | 111.8 | 108.3 | 100.7 | 96.3 | 98.0 | 84.5 | 67.7 | 70.3 |
| Receivables turnover | 4.03 | 4.10 | 3.75 | 3.88 | 4.04 | 4.39 | 4.69 | 4.58 | 4.94 | 4.79 |
| Payables turnover | 6.32 | 6.85 | 6.90 | 7.41 | 7.77 | 8.28 | 8.94 | 8.10 | 8.12 | 8.34 |
| Inventory turnover | 4.38 | 4.65 | 5.41 | 5.75 | 6.36 | 6.38 | 5.98 | 7.32 | 9.42 | 9.64 |
| Asset turnover | 0.78 | 0.77 | 0.75 | 0.79 | 0.81 | 0.77 | 0.79 | 0.93 | 1.12 | 1.20 |
| Average receivables | $252.8M | $255.8M | $296.9M | $304.4M | $287.8M | $247.9M | $218.2M | $218.5M | $183.9M | $170.4M |
| Average payables | $129.3M | $129.2M | $135.6M | $123.6M | $115.7M | $98.3M | $82.8M | $90.7M | $82.4M | $71.8M |
| Average inventory | $186.4M | $190.2M | $172.9M | $159.1M | $141.3M | $127.6M | $123.8M | $100.4M | $71.0M | $62.0M |
| Intangibles / total assets | 30.2% | 31.5% | 30.4% | 35.4% | 31.7% | 31.7% | 34.8% | 40.4% | 13.1% | 1.2% |
Computed from MEI's annual financial statements (latest annual report filed June 24, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
MEI valuation and financial ratios
Methode Electronics earned a return on equity of −5.2% and a return on invested capital of 0.8% in fiscal 2026. It ended the year with $349.1 million of debt and $139.6 million in cash and short-term investments, net debt of $209.5 million. It returned $9.7 million to shareholders: $8.3 million in dividends and $1.4 million in share buybacks, 62% of free cash flow. The share count fell 5.4% from 37.5M to 35.5M over 9 years.
See the MEI income statement, the MEI chart for price history, or the MEI stock overview for the latest quote and news.
MEI key metrics FAQ
What is Methode Electronics's EV/EBITDA?
Methode Electronics's enterprise value was 6.8 times EBITDA at the end of fiscal 2026 (enterprise value $494.0 million, EBITDA $72.6 million); the current EV/EBITDA is 10.2.
What is Methode Electronics's return on equity?
Methode Electronics's return on equity (ROE) was −5.2% in fiscal 2026: net income of -$35.7 million on average shareholders' equity of $685.4 million.
What is Methode Electronics's ROIC?
Methode Electronics's return on invested capital was 0.8% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Methode Electronics have?
Methode Electronics had total debt of $349.1 million at the end of fiscal 2026, a debt-to-equity ratio of 0.52 and $209.5 million of net debt (2.89 times EBITDA).
What is Methode Electronics's dividend yield?
Methode Electronics's forward dividend yield is 1.50%. Methode Electronics paid $8.3 million in dividends in fiscal 2026 ($0.23 per share), a payout ratio of —.
Does Methode Electronics buy back its shares?
Yes. Methode Electronics spent $1.4 million on net share repurchases in fiscal 2026 Shares outstanding changed −0.1% over the year, to 35.5M..
What is Methode Electronics's free cash flow yield?
Methode Electronics generated $15.6 million of free cash flow in fiscal 2026, a free cash flow yield of 5.5% on its market value at year-end ($284.5 million).
What is Methode Electronics's current ratio?
Methode Electronics's current ratio was 2.37 at the end of fiscal 2026: current assets were 2.37 times current liabilities.