MEI Technology

Methode Electronics, Inc.

$15.03-0.86%

Price as of close on Nov 3, 2026 · Financials updated Oct 10, 2026

Basics

Sector: Technology
Industry: Electronic Components
Country: United States
Market cap: 535.7M USD
Enterprise value: 669.4M USD
Full-time employees: 6,650

Overall health

Drawback: less profitable than most peersless profitable than peers
Drawback: growing more slowly than most peersgrowing more slowly than peers
Drawback: higher risk than most peers: its share price swings more than most peers’ (beta 1.56 vs a peer median of 0.87)higher risk: bigger price swings (beta 1.56 vs peers 0.87)
About average: valuation

Ranks #1,284 of 1,612 technology companies (bottom 21%)

See how it ranks against its peers

Worth knowing

Profit lifted by an asset sale. FY Apr 2026 operating profit includes a $11M gain on selling assets; without it the operating margin was about -0.2%.
Methode Electronics's FY Apr 2026 operating profit of $9M includes a one-off $11M gain on selling assets or businesses. Without it, operations would have earned -$2M, an operating margin of about -0.2%.
Paying shareholders without free cash flow. Paid out $64M over the 3 fiscal years to FY Apr 2026 with -$2M of free cash flow.
Methode Electronics returned $64M in buybacks and dividends over three fiscal years while its free cash flow totalled -$2M. The money came from its cash pile or from borrowing.
Stock pay outran buybacks. Stock-based pay expense $20M vs $15M spent repurchasing shares over the 3 fiscal years to FY Apr 2026.
Over three fiscal years Methode Electronics recorded $20M of stock-based pay expense and spent $15M repurchasing shares (repurchases can include shares withheld to cover employees' taxes). Repurchases were smaller than the stock pay, so they did little to offset new employee shares.Over three fiscal years Methode Electronics recorded $20M of stock-based pay expense and spent $15M repurchasing shares. Repurchases were smaller than the stock pay, so they did little to offset new employee shares.
Annual revenue fell three years running. Fiscal-year revenue down each year from FY Apr 2023 to FY Apr 2026.
Methode Electronics's fiscal-year revenue declined in each of the three years to FY Apr 2026.

StockQuotient Score

34/ 100▼ 1 since Oct 27 close

Oct 5 35 → Nov 4 34 (-1)

Valuation

Is the price right?

50/100

Moderate▼ 4 since Oct 27 close

3/3 inputs reported · High confidence

Since last quarter: No major changeValuation also moves with the share price every day.

Why it changed since the Oct 27, 2026 close: Score 54 → 50

Share price +8.8%-3
Company's reported figures updated+1
Peer companies moved-2

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Mixed versus peers:

▲ EBITDA yield
▼ Earnings yield
▼ FCF yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield-6.9%

SEC filings · 12 months to Aug 2026Negative (a loss or cash outflow), so it counts as zero whatever the share price30% base weight · Z-score -1.00Sector median: 0.0225 · MAD: 0.0225

EBITDA yield8.5%

SEC filings · 12 months to Aug 2026Reported value50% base weight · Z-score 1.18Sector median: 0.0423 · MAD: 0.0361

Free cash flow yield-2.5%

SEC filings · 12 months to Aug 2026 · operating cash flow − capital spendingNegative (a loss or cash outflow), so it counts as zero whatever the share price20% base weight · Z-score -1.00Sector median: 0.0274 · MAD: 0.0274

Other data (not scored)

Book yield123.8%

SEC filings · latest balance sheetReported valueInformational · 0% composite weightSector median: 0.3292 · MAD: 0.1754

Growth

Is it growing?

32/100

Weak

3/3 inputs reported · High confidence

Since last quarter: ▲ Stronger

12-month revenue up 2.4%

Why

Weaker than most peers on:

▼ 3-yr revenue
▼ Revenue growth

Compare with peers

Behind the score

Revenue and earnings-per-share growth over one year, and revenue growth over three years.

Earnings per share growthUnavailable

Still loss-making, but the loss per share narrowed33% base weight · Z-score 0.30Sector median: 0.1108 · MAD: 0.3050

3-year revenue growth-4.2%

SEC filings · 3 years to Aug 2026Reported value33% base weight · Z-score -1.14Sector median: 0.0483 · MAD: 0.0793

Revenue growth1.4%

SEC filings · 12 months to Aug 2026Reported value33% base weight · Z-score -0.70Sector median: 0.0853 · MAD: 0.1017

Profitability

Does it earn well?

23/100

Weak

3/3 inputs reported · High confidence

Since last quarter: ▼ Weaker

Free cash flow turned negative over the last 12 months

Why

Weaker than most peers on:

▼ ROA
▼ Operating margin
▼ ROIC

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin0.4%

SEC filings · 12 months to Aug 2026Reported value33% base weight · Z-score -0.84Sector median: 0.0631 · MAD: 0.0710

Return on assets-2.9%

SEC filings · 12 months to Aug 2026Reported value33% base weight · Z-score -1.61Sector median: 0.0293 · MAD: 0.0362

Return on invested capital0.4%

SEC filings · 12 months to Aug 2026Reported value33% base weight · Z-score -0.75Sector median: 0.0676 · MAD: 0.0857

Other data (not scored)

Gross margin19.8%

SEC filings · 12 months to Aug 2026Reported valueInformational · 0% composite weightSector median: 0.3343 · MAD: 0.1632

Return on equity-5.5%

SEC filings · 12 months to Aug 2026Reported valueInformational · 0% composite weightSector median: 0.0753 · MAD: 0.0889

Risk

Debt, liquidity, price swings

Higher

Higher relative risk

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Weaker than most peers on:

▼ Beta
▼ Debt / equity

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta1.56

Yahoo Finance · 5-year monthly beta vs the marketReported value33% base weight · Z-score -1.88Sector median: 0.8710 · MAD: 0.3700

Current ratio2.41×

SEC filings · latest balance sheetReported value33% base weight · Z-score 0.85Sector median: 1.8295 · MAD: 0.6848

Debt / equity0.47×

SEC filings · latest balance sheetReported value33% base weight · Z-score -0.96Sector median: 0.2495 · MAD: 0.2270

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Methode Electronics

Is Methode Electronics getting weaker?: Its latest SEC filing (Sep 2, 2026) got weaker in some ways: free cash flow turned negative over the last 12 months. Its overall score is 34/100, down 1 since Oct 28, 2026.
How is Methode Electronics valued vs its peers?: Priced about in line with its peers. Valuation scores 50/100 against 1,711 technology peers. EBITDA yield 8.5% vs a peer median of 4.2% (stronger than 76% of peers).EBITDA yield 8.5% vs peers 4.2% (stronger than 76% of peers). Earnings yield -6.9% vs a peer median of 2.2% (weaker than 100% of peers).Earnings yield -6.9% vs peers 2.2% (weaker than 100% of peers).
Is Methode Electronics growing?: More slowly than most of its peers. Growth scores 32/100 against 1,711 technology peers. 3-year revenue growth -4.2% vs a peer median of 4.8% (weaker than 79% of peers).3-year revenue growth -4.2% vs peers 4.8% (weaker than 79% of peers).
How profitable is Methode Electronics?: Less profitable than most of its peers. Profitability scores 23/100 against 1,711 technology peers. Return on assets -2.9% vs a peer median of 2.9% (weaker than 85% of peers).Return on assets -2.9% vs peers 2.9% (weaker than 85% of peers).
How risky is Methode Electronics?: Higher risk relative to 1,711 technology peers, judged on debt, liquidity and share-price swings. Current ratio 2.41× vs a peer median of 1.83× (stronger than 67% of peers).Current ratio 2.41× vs peers 1.83× (stronger than 67% of peers). Beta 1.56 vs a peer median of 0.87 (weaker than 85% of peers).Beta 1.56 vs peers 0.87 (weaker than 85% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Quarter ended Aug 1, 2026 · filed Sep 2, 2026 · compared with the quarter ended May 2, 2026

Got weaker

Free cash flow turned negative over the last 12 months

	Previous quarter	Latest quarter	Change
Revenue (12 months)	1.0B USD	1.0B USD	+2.4%
Net income (12 months)	−35.7M USD	−36.8M USD	+3.1%
Operating margin	0.9%	0.4%	−0.5 pts
Free cash flow (12 months)	15.6M USD	−13.3M USD	turned negative
Debt	325.0M USD	310.5M USD	−4.5%
Cash	139.6M USD	116.2M USD	−16.8%
Shares outstanding	35.5M	35.6M	+0.5%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Industry valuation context

Industry: Electronic Components · 19 companies

Valuations in Electronic Components are near the top of their range since Mar 2016.

90% of months since Mar 2016 were valued lower than now.
87% of companies are in the most expensive fifth of their own price-to-sales history.
Median price-to-sales is +2% vs the whole market, against a usual −24%.

Mar 2016Shaded: most expensive fifth of its range2026

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY Apr 2022	FY Apr 2023	FY Apr 2024	FY Apr 2025	FY Apr 2026	Change
Gross margin	22.8%	22.4%	16.0%	15.6%	19.8%	▲ 4.2 pts
Operating margin	9.6%	7.7%	-10.0%	-2.3%	0.9%	▲ 3.1 pts
Net margin	8.8%	6.5%	-11.1%	-6.0%	-3.5%	▲ 2.5 pts
Return on assets (ROA)	7.4%	4.9%	-8.8%	-4.8%	-2.7%	▲ 2.1 pts
Return on equity (ROE)	11.2%	8.2%	-16.1%	-9.0%	-5.3%	▲ 3.8 pts
Free cash flow margin	5.2%	7.7%	-0.2%	-1.5%	1.5%	▲ 3.0 pts
Current ratio	3.34×	2.91×	2.76×	2.40×	2.37×	▼ 1.4%
Quick ratio	2.49×	2.21×	1.95×	1.57×	1.66×	▲ 5.9%
Debt to equity	0.23×	0.33×	0.43×	0.46×	0.48×	▲ 4.7%

MEI price history

Price history is added with the daily price update and will appear after the next one.

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Bringing the fundamentals into focus…

Overall health

Drawback: less profitable than most peersless profitable than peers

Drawback: growing more slowly than most peersgrowing more slowly than peers

Drawback: higher risk than most peers: its share price swings more than most peers’ (beta 1.56 vs a peer median of 0.87)higher risk: bigger price swings (beta 1.56 vs peers 0.87)

About average: valuation

Ranks #1,284 of 1,612 technology companies (bottom 21%)

See how it ranks against its peers

Worth knowing

Profit lifted by an asset sale. FY Apr 2026 operating profit includes a $11M gain on selling assets; without it the operating margin was about -0.2%.

Methode Electronics's FY Apr 2026 operating profit of $9M includes a one-off $11M gain on selling assets or businesses. Without it, operations would have earned -$2M, an operating margin of about -0.2%.

Paying shareholders without free cash flow. Paid out $64M over the 3 fiscal years to FY Apr 2026 with -$2M of free cash flow.

Methode Electronics returned $64M in buybacks and dividends over three fiscal years while its free cash flow totalled -$2M. The money came from its cash pile or from borrowing.

Stock pay outran buybacks. Stock-based pay expense $20M vs $15M spent repurchasing shares over the 3 fiscal years to FY Apr 2026.

Over three fiscal years Methode Electronics recorded $20M of stock-based pay expense and spent $15M repurchasing shares (repurchases can include shares withheld to cover employees' taxes). Repurchases were smaller than the stock pay, so they did little to offset new employee shares.Over three fiscal years Methode Electronics recorded $20M of stock-based pay expense and spent $15M repurchasing shares. Repurchases were smaller than the stock pay, so they did little to offset new employee shares.

Annual revenue fell three years running. Fiscal-year revenue down each year from FY Apr 2023 to FY Apr 2026.

Methode Electronics's fiscal-year revenue declined in each of the three years to FY Apr 2026.

Questions investors ask about Methode Electronics

Is Methode Electronics getting weaker?

Its latest SEC filing (Sep 2, 2026) got weaker in some ways: free cash flow turned negative over the last 12 months. Its overall score is 34/100, down 1 since Oct 28, 2026.

How is Methode Electronics valued vs its peers?

Priced about in line with its peers. Valuation scores 50/100 against 1,711 technology peers. EBITDA yield 8.5% vs a peer median of 4.2% (stronger than 76% of peers).EBITDA yield 8.5% vs peers 4.2% (stronger than 76% of peers). Earnings yield -6.9% vs a peer median of 2.2% (weaker than 100% of peers).Earnings yield -6.9% vs peers 2.2% (weaker than 100% of peers).

Is Methode Electronics growing?

More slowly than most of its peers. Growth scores 32/100 against 1,711 technology peers. 3-year revenue growth -4.2% vs a peer median of 4.8% (weaker than 79% of peers).3-year revenue growth -4.2% vs peers 4.8% (weaker than 79% of peers).

How profitable is Methode Electronics?

Less profitable than most of its peers. Profitability scores 23/100 against 1,711 technology peers. Return on assets -2.9% vs a peer median of 2.9% (weaker than 85% of peers).Return on assets -2.9% vs peers 2.9% (weaker than 85% of peers).

How risky is Methode Electronics?

Higher risk relative to 1,711 technology peers, judged on debt, liquidity and share-price swings. Current ratio 2.41× vs a peer median of 1.83× (stronger than 67% of peers).Current ratio 2.41× vs peers 1.83× (stronger than 67% of peers). Beta 1.56 vs a peer median of 0.87 (weaker than 85% of peers).Beta 1.56 vs peers 0.87 (weaker than 85% of peers). A relative measure, not a bankruptcy probability.

Previous quarter

Latest quarter

Change

Revenue (12 months)

1.0B USD

1.0B USD

+2.4%

Net income (12 months)

−35.7M USD

−36.8M USD

+3.1%

Operating margin

0.9%

0.4%

−0.5 pts

Free cash flow (12 months)

15.6M USD

−13.3M USD

turned negative

Debt

325.0M USD

310.5M USD

−4.5%

Cash

139.6M USD

116.2M USD

−16.8%

Shares outstanding

35.5M

35.6M

+0.5%

Key ratios

FY Apr 2022

FY Apr 2023

FY Apr 2024

FY Apr 2025

FY Apr 2026

Change

Gross margin

22.8%

22.4%

16.0%

15.6%

19.8%

▲ 4.2 pts

Operating margin

9.6%

7.7%

-10.0%

-2.3%

0.9%

▲ 3.1 pts

Net margin

8.8%

6.5%

-11.1%

-6.0%

-3.5%

▲ 2.5 pts

Return on assets (ROA)

7.4%

4.9%

-8.8%

-4.8%

-2.7%

▲ 2.1 pts

Return on equity (ROE)

11.2%

8.2%

-16.1%

-9.0%

-5.3%

▲ 3.8 pts

Free cash flow margin

5.2%

7.7%

-0.2%

-1.5%

1.5%

▲ 3.0 pts

Current ratio

3.34×

2.91×

2.76×

2.40×

2.37×

▼ 1.4%

Quick ratio

2.49×

2.21×

1.95×

1.57×

1.66×

▲ 5.9%

Debt to equity

0.23×

0.33×

0.43×

0.46×

0.48×

▲ 4.7%