Added to YB: 2026-09-10
Pitch date: 2026-09-09
MEI [neutral]
Methode Electronics, Inc.
Author Info
No bio for this author
Company Info
Methode Electronics, Inc. designs, engineers, manufacture, and sells mechatronic products in North America, Europe, the Middle East, Africa, and Asia.
Market Cap
$559.3M
Pitch Price
N/A
Price Target
N/A
Dividend
1.27%
EV/EBITDA
10.17
P/E
-15.08
EV/Sales
0.74
Sector
Electronic Equipment, Instruments and Components
Category
turnaround
Weekly #20: Most Interesting D-Sheets from the Past Week (Sep 1 – Sep 7, 2026) - Methode Electronics, Inc.
MEI (earnings): Methode’s components turnaround is being led by industrial power: Q1 revenue rose 10.4% to $265.4M, with Industrial up 27% at a 20.2% operating margin and $75M of new annualized hybrid-power awards. However, adjusted EBITDA fell to $13.7M, free cash flow was negative $10.9M and Automotive lost $11.7M. A resolved $2.3M freight burden supports sequential margin improvement, while data-center optionality remains outside guidance.
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