As of 2024-10-03, the Fair Value of Methode Electronics Inc (MEI) is -20.21 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 10.88 USD, the upside of Methode Electronics Inc is -285.78%.
Note: valuation result may not be accurate due to the company's negative EPS.
Peter Lynch's formula is:
The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.
| Historical Earnings | ||||||
| 2020-05-02 | 2021-05-01 | 2022-04-30 | 2023-04-29 | 2024-04-27 | 5Y Avg | |
| Net income | 123.40 | 122.30 | 102.20 | 77.10 | -123.30 | 60.34 |
| YoY growth | 34.72% | -0.89% | -16.43% | -24.56% | -259.92% | -53.42% |
| Market Cap (mil) | 383.52 |
| P/E | |
| Forward P/E |
| EPS | -4.04 |
| Avg earnings growth rate | -53.42% |
| TTM earnings | -142.50 |