Methode Electronics, Inc. designs, engineers, and produces mechatronic products worldwide. It operates through four segments: Automotive, Industrial, Interface, and Medical. The company 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 and ergonomic switches, transmission lead-frames, complex insert molded solutions, LED-based lighting solutions, and sensors, which incorporate magneto-elastic sensing, eddy current, or other sensing technologies that monitor the operation or status of a component or system. The company also manufactures external lighting solutions comprising driving, work, and signal lights; industrial safety radio remote controls; braided flexible cables; current-carrying laminated and powder-coated busbars; high-voltage high current connector and contracts; custom power-product assemblies, such as PowerRail solution; and high-current low-voltage flexible power cabling systems that are used in aerospace, commercial vehicles, data centers, industrial equipment, power conversion, military, telecommunications, and transportation markets. Further, it provides high-speed digital communication over copper media solutions for data center and broadband markets; and interface panel solutions for appliance market. Its solutions include copper transceivers, distribution point units, and solid-state field-effect consumer touch panels. Methode Electronics, Inc. was incorporated in 1946 and is headquartered in Chicago, Illinois.
Metrics to compare | MEI | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipMEIPeersSector | |
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P/E Ratio | −2.4x | 0.5x | 11.2x | |
PEG Ratio | 0.01 | 0.18 | 0.01 | |
Price/Book | 0.5x | 2.8x | 2.4x | |
Price / LTM Sales | 0.3x | 1.0x | 2.0x | |
Upside (Analyst Target) | 33.5% | 29.0% | 36.7% | |
Fair Value Upside | Unlock | 9.2% | 9.3% | Unlock |