MEI
Methode Electronics Inc
Price:  
21.60 
USD
Volume:  
183,692.00
United States | Electronic Equipment, Instruments & Components
Valuation
Overview
Financials
Forecast
Compare
Historical Price
SolvencyDividends
Transactions
People

MEI Fair Value

-136.37 %
Upside

As of 2024-03-03, the Fair Value of Methode Electronics Inc (MEI) is -7.86 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 21.60 USD, the upside of Methode Electronics Inc is -136.37%.

Note: valuation result may not be accurate due to the company's negative EPS.

21.60 USD
Stock Price
-7.86 USD
Fair Price
FAIR VALUE CALCULATION

MEI Fair Value

Peter Lynch's formula is:

MEI Fair Value
= Earnings Growth Rate x TTM EPS
MEI Fair Value
= 10.59 x -0.74
MEI Fair Value
= -7.86

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
2019-04-27 2020-05-02 2021-05-01 2022-04-30 2023-04-29 5Y Avg
Net income 91.60 123.40 122.30 102.20 77.10 103.32
YoY growth 60.14% 34.72% -0.89% -16.43% -24.56% 10.59%

MEI Fair Value - Key Data

Market Cap (mil) 768.96
P/E
Forward P/E 10.18x
EPS -0.74
Avg earnings growth rate 10.59%
TTM earnings -26.40