Methode Electronics, Inc. (MEI)

$45.62

+0.28 (+0.62%)
Rating:
Recommendation:
Buy
Symbol MEI
Price $45.62
Beta 1.117
Volume Avg. 0.14M
Market Cap 1.669B
Shares () -
52 Week Range 33.91-49.94
1y Target Est -
DCF Unlevered MEI DCF ->
DCF Levered MEI LDCF ->
ROE 10.34% Buy
ROA 6.81% Neutral
Operating Margin -
Debt / Equity 52.50% Buy
P/E 18.10 Strong Buy
P/B 1.83 Strong Buy
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Mr. Donald Duda
Technology
Electronic Components
New York Stock Exchange

Methode Electronics, Inc. designs, engineers, and produces mechatronic products worldwide. It operates through four segments: Automotive, Industrial, Interface, and Medical. The Automotive segment supplies electronic and electro-mechanical devices, and related products to automobile original equipment manufacturers directly or through their tiered suppliers. Its products include integrated center consoles, hidden switches, ergonomic switches, transmission lead-frames, and LED-based lighting and sensors, which incorporate magneto-elastic sensing and other technologies that monitor the operation or status of a component or system. The Industrial segment manufactures lighting solutions; industrial safety radio remote controls; braided flexible cables; current-carrying laminated busbars and devices; custom power-product assemblies, such as PowerRail solution; high-current low-voltage flexible power cabling systems; and powder-coated busbars that are used in various markets and applications comprising aerospace, cloud computing, commercial vehicles, industrial, military, power conversion, and transportation. The Interface segment provides various copper-based transceivers and related accessories for the cloud computing hardware equipment and telecommunications broadband equipment markets; user interface solutions for the appliance, commercial food service, and point-of-sale equipment markets; and fluid-level sensors for the marine/recreational vehicle and sump pump markets. The Medical segment offers Dabir Surfaces, a surface support technology aimed at pressure injury prevention for use by patients who are immobilized or otherwise at risk for pressure injuries, including patients undergoing long-duration surgical procedures. Methode Electronics, Inc. was incorporated in 1946 and is headquartered in Chicago, Illinois.