LUD vs MEC Stock Comparison

Luda Technology and Mayville Engineering Company Prices as of Oct 26, 2026 Peers: Industry group

Head to Head

3 decided of 12

Mayville Engineering Company leads on 3 of the 12 questions below (Mayville Engineering Company 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLUDMECLeader
Larger companyMarket capitalisation $86.19M $316.70M MEC
Cheaper on earningsLower P/E, profitable companies only 155.0x -18.3x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 54.6x –
Faster revenue growthRevenue growth, trailing twelve months — +11.8% –
More profitableNet margin, trailing twelve months — -3.0% –
Better return on capitalReturn on invested capital — -1.8% –
Less leveragedLower net debt / EBITDA — 3.9x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -56.0% -20.7% MEC
Better 5-year returnAnnualised price return, 5 years — -5.9%/yr –
Less volatileAnnualised volatility, 1 year 144.4% 54.6% MEC
Higher overall scoreMean of the five percentile scores vs peers — 28/100 –

Percentile Scorecard

LUDMEC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisLUDMEC
Valuation 18 #166 of 203 48 #106 of 203
Growth – 11 #167 of 187
Profitability – 23 #142 of 185
Financial Health 40 #132 of 219 31 #151 of 219
Shareholder Returns – –
Overall – 28
  • LUD ranked among 222 companies in Machinery
  • MEC ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodLUDMECSPY
1 month -3.0%-23.8% -0.8%
3 months -10.8%-55.5% +3.5%
6 months -28.8%-39.9% +7.0%
Year to date -39.6%-30.0% +12.2%
1 year -56.0%-20.7% +13.0%
3 years —+22.1% +86.3%
3 years, per year —+6.9% +23.1%
5 years —-26.2% +68.6%
5 years, per year —-5.9% +11.0%

Risk

MeasureLUDMECSPY
Volatility, 1Y 144.4%54.6% 12.7%
Downside volatility, 1Y 142.1%53.1% 12.7%
Beta vs S&P 500, 1Y 1.231.55 1.00
Return / volatility, 1Y -0.39-0.38 1.02
Max drawdown, 5Y -83.8%-66.7% -25.4%
From 52-week high -67.3%-65.1% -1.8%
52-week high $11.85$37.54 $779.14
52-week low $3.20$12.73 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleLUDMEC
P/E now vs peer median 155.0xmedian 26.0x -17.2xmedian 26.0x
P/S now vs peer median 2.6xmedian 1.9x 0.6xmedian 1.9x
EV/EBITDA now vs peer median —median 14.0x 14.5xmedian 14.0x
P/FCF now vs peer median -40.6xmedian 21.4x -73.0xmedian 21.4x
P/B now vs peer median 4.0xmedian 2.2x 1.0xmedian 2.2x
PEG now vs peer median —median 1.26 0.36median 1.26

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsLUDMEC
Revenue – $586.34M
Gross profit – $53.52M
Operating income – -$12.80M
Net income – -$17.30M
Free cash flow – -$4.57M
EPS (diluted) – $-0.76
Cash & equivalents $4.77M $2.20M
Total debt $49.69M $752.49M
Shares (diluted) 22.24M 22.77M
Enterprise value $40.54M $309.71M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricLUDMEC
P/E 155.0x -17.2x
P/FCF -40.6x -73.0x
P/Operating cash flow – 24.0x
P/S 2.6x 0.6x
P/B 4.0x 1.0x
P/Tangible book 4.1x 1.5x
EV/EBITDA – 14.5x
EV/EBIT – -35.8x
EV/Revenue – 0.8x
EV/FCF – -100.1x
EV/Operating cash flow – 32.8x
PEG (3Y EPS CAGR) – 0.36

Growth

14 metrics
MetricLUDMEC
Revenue growth (1Y) – 11.8%
Revenue CAGR (3Y) – 2.4%
Gross profit growth (1Y) – -5.8%
Gross profit CAGR (3Y) – -4.2%
Operating income growth (1Y) – -142.1%
Operating income CAGR (3Y) – -37.8%
Net income growth (1Y) – -196.8%
Net income CAGR (3Y) – -49.1%
EPS growth (1Y) – -188.0%
EPS CAGR (3Y) – -47.4%
Operating cash flow growth (1Y) – -82.4%
Operating cash flow CAGR (3Y) – -23.3%
Free cash flow growth (1Y) – -106.7%
Free cash flow CAGR (3Y) – 16.0%

Profitability

14 metrics
MetricLUDMEC
Gross margin – 9.1%
EBITDA margin – 5.4%
Operating margin – -2.2%
Pretax margin – -4.7%
Net margin – -3.0%
FCF margin – -0.8%
Operating cash flow margin – 2.4%
Return on equity – -6.2%
Return on assets – -3.0%
Return on invested capital – -1.8%
Return on capital employed – -2.6%
Asset turnover – 1.0x
Cash conversion (OCF / net income) – -0.8x
Stock comp / revenue – 0.6%

Financial Health

11 metrics
MetricLUDMEC
Debt / assets 25.8% 21.4%
Debt / equity 0.6x 0.4x
Net debt / EBITDA – 3.9x
Debt / FCF – -27.5x
Liabilities / assets 54.8% 44.7%
Equity / assets 45.2% 55.3%
Interest coverage – -0.9x
Current ratio 1.6x 1.7x
Quick ratio 1.0x 0.9x
Cash ratio 0.4x 0.0x
Altman Z-score – 1.92

Shareholder Returns

7 metrics
MetricLUDMEC
Dividend yield – –
Net buyback yield – –
Shareholder yield – –
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusLUDMEC
Forward P/E – 54.6xFY2026
EPS, next fiscal year – $0.24FY2026
EPS growth, next FY – -22.6%FY2026
EPS growth, the year after – +354.2%
Revenue, next fiscal year – $666.72MFY2026
Revenue growth, next FY – +22.0%FY2026
Revenue growth, the year after – +4.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLUDMEC
Held by institutions – 83.1%
Institutions holding – 156
Change in shares held, QoQ – +47.1%
Institutions buying – 98
Institutions selling – 40
Buyers to sellers – 2.45

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

LUDMEC
LUD 1.00 -0.01
MEC -0.01 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, LUD and MEC?

Mayville Engineering Company (MEC) is the largest by market capitalisation: Luda Technology (LUD) $86.19M, Mayville Engineering Company (MEC) $316.70M.

Which stock has performed better?

Over the past year Mayville Engineering Company (MEC) returned the most: Luda Technology (LUD) -56.0%, Mayville Engineering Company (MEC) -20.7%. Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Mayville Engineering Company (MEC) has been the steadiest (Luda Technology (LUD) 144.4%, Mayville Engineering Company (MEC) 54.6%). Volatility measures how widely the price swings, not the risk of the business.

Do LUD and MEC move together?

Their daily returns over the past year have a correlation of -0.01, a negative relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, LUD and MEC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Mayville Engineering Company (MEC) leads on 3. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.