MEI
Second WindAI neutralMethode Electronics, Inc. · Technology · United States · $432M cap · $8.2M/day traded
$11.83 -4.8% · close 13 Nov · scored 14 Nov
Score down 1.4 since 13 Nov.
Second Wind: Cheap with strong momentum, but the business does not earn the optimism.
As of 14 Nov 2026, the MoatMap Score for Methode Electronics, Inc. (MEI) is 58/100, ranked against 25,000+ stocks in 38 markets (Quality 33, Value 65, Momentum 55, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
Methode Electronics makes automotive, industrial and data-centre power components and is in the middle of a turnaround. Industrial and power-product sales are growing, but the shares fell about 15% after the latest quarter, and recent 8-K filings add uncertainty. Automotive program losses and debt have weighed on returns, so this is a recovery story rather than a proven compounder.
ABOUT METHODE ELECTRONICS, INC.
Read
Methode Electronics, Inc. is a global developer and manufacturer of custom-engineered electronic components, subsystems, and devices utilizing biometric, LED, and radio-remote technologies. The company's competitive moat is established through its deep engineering integration with major automotive and industrial original equipment manufacturers (OEMs), creating high switching costs. It operates as a key supplier of complex user-interface and power distribution solutions for the automotive, aerospace, and cloud computing sectors.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | 2026 | CAGR | TTM | 2027E | 2028E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|---|
| Income and shares | ||||||||||
| Revenue | 1.2B | 1.2B | 1.1B | 1.0B | 1.0B | -3.3% | 1.0B | 1.1B | 1.1B | 4.9% |
| Net margin | 8.8% | 6.5% | -11.1% | -6.0% | -3.5% | -12.3 pts | — | — | — | — |
| EPS | 2.74 | 2.14 | -3.48 | -1.77 | -1.01 | -21.9% | -1.04 | -0.54 | 0.42 | -27.8% |
| Share count | 39.6M | 35.8M | 35.3M | 35.8M | 35.5M | -2.7% | 35.6M | — | — | — |
| Balance sheet | ||||||||||
| Debt | 231.3M | 335.4M | 358.2M | 343.2M | 348.7M | 10.8% | 334.5M | — | — | — |
| Equity | 913.8M | 941.8M | 766.0M | 693.3M | 677.5M | -7.2% | — | — | — | — |
| Debt/equity | 0.3x | 0.4x | 0.5x | 0.5x | 0.5x | +0.2x | — | — | — | — |
| Cash flow | ||||||||||
| Op. cash flow | 98.8M | 132.8M | 47.5M | 26.4M | 38.0M | -21.2% | 5.1M | — | — | — |
| Cash flow margin | 8.5% | 11.3% | 4.3% | 2.5% | 3.7% | -4.8 pts | 0.5% | — | — | — |
| Investing CF | -37.4M | -153.1M | -17.5M | -32.9M | 1.3M | — | — | — | — | — |
| Financing CF | -114.6M | 3.2M | -18.9M | -58.9M | -14.2M | — | — | — | — | — |
No clear trend: not near its 52-week low, and not in a steady uptrend.
Swung more than 96% of stocks we rank over the past year (volatility 105% a year).
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling: It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor: It fell hard, but has set no new low for more than two weeks.
- Turning up: It has climbed off its low and is back above a rising 50-day average.
- In an uptrend: It is near its 52-week high and above its 200-day average.
- No clear trend (this stock): None of the above: no recent deep fall and no steady climb.
- No read yet: Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of MEI are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| MEI | Methode Electronics, Inc.(you) | $432M | 58 |
| MPTI | M-tron Industries, Inc. | $283M | 62 |
| LYTS | LSI Industries Inc. | $756M | 53 |
| ALNT | Allient Inc. | $1.5B | 60 |
| BHE | Benchmark Electronics, Inc. | $2.4B | 58 |
| RELL | Richardson Electronics, Ltd. | $263M | 84 |
| OSIS | OSI Systems, Inc. | $3.1B | 63 |
| DAKT | Daktronics, Inc. | $991M | 89 |
| BELFA | Bel Fuse Inc. | $2.3B | 72 |
| ROG | Rogers Corporation | $2.2B | 74 |
Peer medians: ROE 6.1% · P/E 29.2x · Gross margin 52.2%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.