Methode Electronics, Inc. (MEI) is a Technology stock trading at $13.45 (as of 2026-08-20), with a market capitalization of $477.10M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Methode Electronics, Inc. designs, engineers, and produces mechatronic products worldwide. It operates through four segments: Automotive, Industrial, Interface, and Medical. The Automotive segment 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 switches, ergonomic switches, transmission lead-frames, and LED-based lighting and sensors, which incorporate magneto-elastic sensing and other technologies that monitor the operation or status of a component or system. The Industrial segment manufactures lighting solutions; industrial safety radio remote controls; braided flexible cables; current-carrying laminated busbars and devices; custom power-product assemblies, such as PowerRail solution; high-current low-voltage flexible power cabling systems; and powder-coated busbars that are used in various markets and applications comprising aerospace, cloud computing, commercial vehicles, industrial, military, power conversion, and transportation. The Interface segment provides various copper-based transceivers and related accessories for the cloud computing hardware equipment and telecommunications broadband equipment markets; user interface solutions for the appliance, commercial food service, and point-of-sale equipment markets; and fluid-level sensors for the marine/recreational vehicle and sump pump markets. The Medical segment offers Dabir Surfaces, a surface support technology aimed at pressure injury prevention for use by patients who are immobilized or otherwise at risk for pressure injuries, including patients undergoing long-duration surgical procedures. Methode Electronics, Inc. was incorporated in 1946 and is headquartered in Chicago, Illinois.
Methode Electronics designs and produces mechatronic products, selling electronic and electro-mechanical devices (such as integrated consoles, switches, LED lighting, and sensors) to automobile original equipment manufacturers and other industrial and medical customers through its Automotive, Industrial, Interface, and Medical segments.
The company’s profit engine depends on winning and ramping new programs, reflected in its electric vehicle program awards and progress to full production, which are tracked alongside new program launches.
Business quality (Weak): Near-term profitability looks weak (gross margin 16.6%, operating margin -2.6%), but results are tied to ongoing Automotive and Industrial demand, plus continued electrification program activity (electric and hybrid share of net sales 19%).
| Price | $13.45 |
| Market Cap | $477.10M |
| EV / EBITDA | 9.8 |
| Price / Book | 0.70 |
| Price / Sales | 0.47 |
| FCF Yield | 3.3% |
| Revenue (TTM) | $1.02B |
| Net Margin | -3.5% |
| Revenue Growth (YoY) | -2.8% |
| EPS Growth (YoY) | -42.9% |
| FCF Growth (YoY) | -202.6% |
| Altman Z-Score | 2.09 (grey) |
| Piotroski F-Score | 4/9 (moderate) |
| Sector P/E (Technology) | 33.9 |
| Industry P/E (Electronic Equipment) | 39.4 |
| Top Institutional Holder | BlackRock Fund Advisors ($119.47M) |
| Institutional Holders Tracked | 10 |
| Sector | Technology |
| Industry | Electronic Equipment |
| CEO | Jonathan DeGaynor |
| Employees | 7,500 |
| Country | US |
| IPO Date | 1982-10-20 |
Data as of 2026-08-20.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.