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MEC
Price
$16.90
Change
+$0.34 (+2.05%)
Updated
Nov 22, 03:26 PM (EDT)
102 days until earnings call
MT
Price
$25.09
Change
-$0.20 (-0.79%)
Updated
Nov 22, 03:31 PM (EDT)
76 days until earnings call
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MEC vs MT

Header iconMEC vs MT Comparison
Open Charts MEC vs MTBanner chart's image
Mayville Engineering
Price$16.90
Change+$0.34 (+2.05%)
Volume$300
CapitalizationN/A
ArcelorMittal
Price$25.09
Change-$0.20 (-0.79%)
Volume$200
CapitalizationN/A
MEC vs MT Comparison Chart
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MEC
Daily Signalchanged days ago
Gain/Loss if shorted
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MT
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
MEC vs. MT commentary
Nov 22, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is MEC is a Hold and MT is a Hold.

COMPARISON
Comparison
Nov 22, 2024
Stock price -- (MEC: $16.56 vs. MT: $25.29)
Brand notoriety: MEC: Not notable vs. MT: Notable
MEC represents the Metal Fabrication, while MT is part of the Steel industry
Current volume relative to the 65-day Moving Average: MEC: 67% vs. MT: 80%
Market capitalization -- MEC: $336.92M vs. MT: $19.81B
MEC [@Metal Fabrication] is valued at $336.92M. MT’s [@Steel] market capitalization is $19.81B. The market cap for tickers in the [@Metal Fabrication] industry ranges from $56.71B to $0. The market cap for tickers in the [@Steel] industry ranges from $34.79B to $0. The average market capitalization across the [@Metal Fabrication] industry is $1.74B. The average market capitalization across the [@Steel] industry is $5.17B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

MEC’s FA Score shows that 0 FA rating(s) are green whileMT’s FA Score has 2 green FA rating(s).

  • MEC’s FA Score: 0 green, 5 red.
  • MT’s FA Score: 2 green, 3 red.
According to our system of comparison, MT is a better buy in the long-term than MEC.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

MEC’s TA Score shows that 5 TA indicator(s) are bullish while MT’s TA Score has 5 bullish TA indicator(s).

  • MEC’s TA Score: 5 bullish, 5 bearish.
  • MT’s TA Score: 5 bullish, 5 bearish.
According to our system of comparison, both MEC and MT are a good buy in the short-term.

Price Growth

MEC (@Metal Fabrication) experienced а -3.83% price change this week, while MT (@Steel) price change was +3.27% for the same time period.

The average weekly price growth across all stocks in the @Metal Fabrication industry was +4.13%. For the same industry, the average monthly price growth was +6.72%, and the average quarterly price growth was +9.42%.

The average weekly price growth across all stocks in the @Steel industry was +1.46%. For the same industry, the average monthly price growth was +4.06%, and the average quarterly price growth was -5.30%.

Reported Earning Dates

MEC is expected to report earnings on Mar 04, 2025.

MT is expected to report earnings on Feb 06, 2025.

Industries' Descriptions

@Metal Fabrication (+4.13% weekly)

The industry is involved in value-added processes including creation of metal structures like machines and parts by cutting, bending and assembling, using various raw materials. A fabrication shop often bids on a project/job, and then builds the product if awarded the contract. Robotics and automation are making their way into the industry apparently to fill in skills gap[s19] . RBC Bearings Incorporated, Timken Company and Valmont Industries, Inc. are some of the largest metal fabrication companies in the U.S.

@Steel (+1.46% weekly)

The steel industry includes manufacturers of steel and steel-related products. Companies use iron ore and scrap steel to produce steel. The industry also includes companies involved in mining and marketing of steel products. Along with serving some of the domestic markets, U.S. steel output has, over the years, been used by international economies as well. Competition from imported steel has also increased over time. The industry could be susceptible to business cycles, since the element is an important input in industrial production. Some of the globally-renowned steel behemoths include Nucor Corporation, Vale, and ArcelorMittal SA.

SUMMARIES
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FUNDAMENTALS
Fundamentals
MT($19.8B) has a higher market cap than MEC($337M). MEC has higher P/E ratio than MT: MEC (27.66) vs MT (22.08). MEC YTD gains are higher at: 14.840 vs. MT (-9.164). MT has higher annual earnings (EBITDA): 2.45B vs. MEC (64.6M). MT has more cash in the bank: 5.09B vs. MEC (178K). MEC has less debt than MT: MEC (141M) vs MT (11.3B). MT has higher revenues than MEC: MT (62.3B) vs MEC (609M).
MECMTMEC / MT
Capitalization337M19.8B2%
EBITDA64.6M2.45B3%
Gain YTD14.840-9.164-162%
P/E Ratio27.6622.08125%
Revenue609M62.3B1%
Total Cash178K5.09B0%
Total Debt141M11.3B1%
FUNDAMENTALS RATINGS
MT: Fundamental Ratings
MT
OUTLOOK RATING
1..100
78
VALUATION
overvalued / fair valued / undervalued
1..100
12
Undervalued
PROFIT vs RISK RATING
1..100
47
SMR RATING
1..100
99
PRICE GROWTH RATING
1..100
49
P/E GROWTH RATING
1..100
4
SEASONALITY SCORE
1..100
39

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

TECHNICAL ANALYSIS
Technical Analysis
MECMT
RSI
ODDS (%)
Bullish Trend 2 days ago
74%
Bearish Trend 2 days ago
76%
Stochastic
ODDS (%)
Bullish Trend 2 days ago
76%
Bullish Trend 2 days ago
72%
Momentum
ODDS (%)
Bullish Trend 2 days ago
86%
Bearish Trend 2 days ago
73%
MACD
ODDS (%)
Bearish Trend 2 days ago
81%
Bullish Trend 2 days ago
70%
TrendWeek
ODDS (%)
Bearish Trend 2 days ago
79%
Bullish Trend 2 days ago
73%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
84%
Bullish Trend 2 days ago
70%
Advances
ODDS (%)
Bullish Trend 10 days ago
76%
Bullish Trend 5 days ago
70%
Declines
ODDS (%)
Bearish Trend 5 days ago
82%
Bearish Trend 3 days ago
71%
BollingerBands
ODDS (%)
Bullish Trend 2 days ago
80%
Bearish Trend 2 days ago
71%
Aroon
ODDS (%)
Bearish Trend 2 days ago
82%
Bearish Trend 2 days ago
67%
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MEC
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
MT
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
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MEC and

Correlation & Price change

A.I.dvisor tells us that MEC and GFF have been poorly correlated (+33% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that MEC and GFF's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MEC
1D Price
Change %
MEC100%
+1.47%
GFF - MEC
33%
Poorly correlated
+2.41%
MT - MEC
33%
Poorly correlated
+0.84%
ZEUS - MEC
32%
Poorly correlated
+0.67%
STLD - MEC
32%
Poorly correlated
+0.64%
VMI - MEC
31%
Poorly correlated
-0.44%
More

MT and

Correlation & Price change

A.I.dvisor indicates that over the last year, MT has been loosely correlated with CLF. These tickers have moved in lockstep 61% of the time. This A.I.-generated data suggests there is some statistical probability that if MT jumps, then CLF could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MT
1D Price
Change %
MT100%
+0.84%
CLF - MT
61%
Loosely correlated
+1.89%
HAYN - MT
59%
Loosely correlated
N/A
SID - MT
56%
Loosely correlated
-2.00%
GGB - MT
54%
Loosely correlated
-0.80%
ATI - MT
51%
Loosely correlated
+0.24%
More