Quality Investor

Methode Electronics, Inc.

Rank #380Startup

MEI · NYSE · Technology

Methode Electronics, Inc. (MEI) — Rank #380 by gross profitability (GP/assets 0.16) · ROE -5.4% · Piotroski F-Score 4 / 9.

As-of 2026-09-28 · CIK 0000065270 · all metrics point-in-time as of the filing date.

About

Methode Electronics, Inc. designs, engineers, manufacture, and sells mechatronic products in North America, Europe, the Middle East, Africa, and Asia.

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The company operates in four segments: Automotive, Industrial, Interface, and Medical. Its Automotive segment supplies electronic and electro-mechanical devices and related products to automobile original equipment manufacturers directly or through their tiered suppliers. This segment also provides vehicle systems from power distribution solutions, including busbars, smart connect systems, battery disconnect units, and integrated circuit boards, interface components, specialized LED lighting solutions, and advanced sensor applications. The Industrial segment manufactures exterior and interior lighting solutions, industrial safety radio remote controls, braided flexible cables, current-carrying laminated busbars and devices, custom power-product assemblies comprising PowerRail solutions, high-current high-voltage flexible power cabling systems, and powder-coated busbars that are used in various markets and applications, including aerospace, commercial vehicles, data centers, industrial equipment, military, power conversion, telecommunications, and transportation. Its Interface segment provides a variety of high-speed digital communication over copper media solutions for the data networking and broadband markets, and user interface panel solutions for the appliance market; and solutions, including copper transceivers, distribution point units, and solid-state field-effect consumer touch panels. The company serves end markets of transportation, including automotive, commercial vehicle, e-bike, aerospace, bus, and rail; and cloud computing and data center infrastructure, construction equipment, and consumer appliance industries. Methode Electronics, Inc.

was incorporated in 1946 and is headquartered in Southfield, Michigan.

Industry
Electronic Components
Sector
Technology
State
DE
Filer Category
Accelerated filer
Fiscal Year End
May 3

Company Snapshot

P/S is the primary valuation lens for pre-profit companies.

Market Cap

—

P/E (annual)

—

P/S (annual)

—

P/B

—

P/OCF (annual)

—

Shareholder Yield

—

Employees

6,650

Industry

Electronic Components

Exchange

NYSE

Signal Flags

1 green1 red
Revenue growth acceleratingGrowth rate increasing year over year
Revenue declining YoYRevenue contracted year over year

Quality Profile

Profitability

1/1 pass
GP / assets
0.16
Return on equity
-5.4%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
0.91
Current ratio
2.41×
Net cash
-$194.30M

Cash Flow

3/3 pass
Positive FCF
PASS
Cash-backed earnings
PASS
Accruals healthy
PASS
SBC / revenue
0.8%

Growth

1/2 pass
Revenue growth
-2.8%
Piotroski F-Score
4 / 9
Share dilution
0.5%

Terry Smith quality gate

Passes 0/5 Terry Smith thresholds

2 of 5 thresholds not computable from filed data.

Burn rate (cash flow) is the primary read at this stage — TAM and product-market fit aren't metrics this dashboard tracks.

Profitability

Gross profitability (GP / assets)

0.16

Primary signal (Novy-Marx).

13th pctl of 47 SIC 36 peers

Return on equity

-5.4%

Gross margin

19.8%

4th pctl of 47 SIC 36 peers

Revenue growth (YoY)

-2.8%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2023202420252026
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

-4.8%

Revenue CAGR (5Y)

-1.3%

Earnings CAGR (3Y)

—

FCF CAGR (3Y)

-44.4%

Anti-fragile safety

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

0.91

36th pctl of 45 SIC 36 peers (best = lowest)

Current ratio

2.41×

43rd pctl of 47 SIC 36 peers

Quick ratio

1.54×

Net cash

-$194.30M

Cash & equivalents minus total debt.

Recession resistance

Revenue through recessions

Worst single-year YoY revenue decline, 17 years of history

Strong
2008-2009 (GFC)
N/AN/A
2020 (COVID)
2.4%Grew through it
Worst year on record(any fiscal year, not recession-limited)
-8.2%Mild decline

Cash-flow health

Free cash flow

$15.60M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF / net income

1.44

Cash-backing of earnings.

FCF/NI divergence

Unfavorable divergence (yellow flag).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

0.8%

Stock-based comp intensity.

Dividend safety

Composite score

1.2 / 5

Weak
Payout ratio
N/A0/5 Weak
FCF coverage
1.88×3/5 Good
Dividend growth streak
0 yr0/5 Weak
Balance-sheet health
D/E 0.91 · IC N/A2/5 Fair

Piotroski F-Score

F-Score

4 / 9

Fundamental-strength score (0-9).

Lifecycle Phase History

20212026
Capital Return
Value
Decline
Startup