MEC
Price
$15.95
Change
-$0.24 (-1.48%)
Updated
Dec 23, 04:59 PM (EDT)
71 days until earnings call
STLD
Price
$115.72
Change
+$0.03 (+0.03%)
Updated
Dec 23, 04:59 PM (EDT)
36 days until earnings call
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MEC vs STLD

Header iconMEC vs STLD Comparison
Open Charts MEC vs STLDBanner chart's image
Mayville Engineering
Price$15.95
Change-$0.24 (-1.48%)
Volume$100
CapitalizationN/A
Steel Dynamics
Price$115.72
Change+$0.03 (+0.03%)
Volume$22.99K
CapitalizationN/A
MEC vs STLD Comparison Chart
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MEC
Daily Signalchanged days ago
Gain/Loss if bought
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STLD
Daily Signalchanged days ago
Gain/Loss if bought
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MEC vs. STLD commentary
Dec 24, 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 STLD is a Hold.

COMPARISON
Comparison
Dec 24, 2024
Stock price -- (MEC: $16.19 vs. STLD: $115.69)
Brand notoriety: MEC and STLD are both not notable
MEC represents the Metal Fabrication, while STLD is part of the Steel industry
Current volume relative to the 65-day Moving Average: MEC: 154% vs. STLD: 295%
Market capitalization -- MEC: $328.66M vs. STLD: $17.62B
MEC [@Metal Fabrication] is valued at $328.66M. STLD’s [@Steel] market capitalization is $17.62B. 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 $27.38B to $0. The average market capitalization across the [@Metal Fabrication] industry is $1.65B. The average market capitalization across the [@Steel] industry is $4.59B.

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 whileSTLD’s FA Score has 3 green FA rating(s).

  • MEC’s FA Score: 0 green, 5 red.
  • STLD’s FA Score: 3 green, 2 red.
According to our system of comparison, STLD 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 4 TA indicator(s) are bullish while STLD’s TA Score has 5 bullish TA indicator(s).

  • MEC’s TA Score: 4 bullish, 4 bearish.
  • STLD’s TA Score: 5 bullish, 6 bearish.
According to our system of comparison, MEC is a better buy in the short-term than STLD.

Price Growth

MEC (@Metal Fabrication) experienced а -5.71% price change this week, while STLD (@Steel) price change was -5.46% for the same time period.

The average weekly price growth across all stocks in the @Metal Fabrication industry was -3.09%. For the same industry, the average monthly price growth was -1.84%, and the average quarterly price growth was +16.21%.

The average weekly price growth across all stocks in the @Steel industry was -4.74%. For the same industry, the average monthly price growth was -6.58%, and the average quarterly price growth was -5.93%.

Reported Earning Dates

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

STLD is expected to report earnings on Jan 28, 2025.

Industries' Descriptions

@Metal Fabrication (-3.09% 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 (-4.74% 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
STLD($17.6B) has a higher market cap than MEC($329M). MEC has higher P/E ratio than STLD: MEC (26.98) vs STLD (10.41). MEC YTD gains are higher at: 12.275 vs. STLD (-1.004). STLD has higher annual earnings (EBITDA): 2.8B vs. MEC (64.6M). STLD has more cash in the bank: 1.66B vs. MEC (178K). MEC has less debt than STLD: MEC (141M) vs STLD (3.68B). STLD has higher revenues than MEC: STLD (17.9B) vs MEC (609M).
MECSTLDMEC / STLD
Capitalization329M17.6B2%
EBITDA64.6M2.8B2%
Gain YTD12.275-1.004-1,222%
P/E Ratio26.9810.41259%
Revenue609M17.9B3%
Total Cash178K1.66B0%
Total Debt141M3.68B4%
FUNDAMENTALS RATINGS
STLD: Fundamental Ratings
STLD
OUTLOOK RATING
1..100
50
VALUATION
overvalued / fair valued / undervalued
1..100
14
Undervalued
PROFIT vs RISK RATING
1..100
13
SMR RATING
1..100
48
PRICE GROWTH RATING
1..100
63
P/E GROWTH RATING
1..100
28
SEASONALITY SCORE
1..100
n/a

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
MECSTLD
RSI
ODDS (%)
Bullish Trend 4 days ago
83%
Bullish Trend 4 days ago
76%
Stochastic
ODDS (%)
Bullish Trend 4 days ago
79%
Bullish Trend 4 days ago
80%
Momentum
ODDS (%)
Bearish Trend 4 days ago
80%
Bearish Trend 4 days ago
67%
MACD
ODDS (%)
Bearish Trend 4 days ago
88%
Bearish Trend 7 days ago
65%
TrendWeek
ODDS (%)
Bearish Trend 4 days ago
79%
Bearish Trend 4 days ago
70%
TrendMonth
ODDS (%)
Bearish Trend 4 days ago
83%
Bearish Trend 4 days ago
66%
Advances
ODDS (%)
Bullish Trend 12 days ago
76%
Bullish Trend 25 days ago
79%
Declines
ODDS (%)
Bearish Trend 5 days ago
82%
Bearish Trend 5 days ago
67%
BollingerBands
ODDS (%)
Bullish Trend 4 days ago
78%
Bullish Trend 4 days ago
84%
Aroon
ODDS (%)
Bearish Trend 4 days ago
85%
Bearish Trend 4 days ago
54%
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MEC
Daily Signalchanged days ago
Gain/Loss if bought
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STLD
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
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STLD and

Correlation & Price change

A.I.dvisor indicates that over the last year, STLD has been closely correlated with NUE. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if STLD jumps, then NUE could also see price increases.

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Ticker /
NAME
Correlation
To STLD
1D Price
Change %
STLD100%
+0.35%
NUE - STLD
86%
Closely correlated
+0.69%
CMC - STLD
74%
Closely correlated
+1.49%
CLF - STLD
70%
Closely correlated
+0.54%
RS - STLD
69%
Closely correlated
+1.82%
MTUS - STLD
60%
Loosely correlated
-0.35%
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