LXFR vs MEC vs TS Stock Comparison

Luxfer Holdings, Mayville Engineering Company and Tenaris Prices as of Oct 26, 2026 Peers: Industry group
LXFR Luxfer Holdings Plc
$17.26 0.0% 1M +27.1% 1Y
Market cap
$461.73M
P/E
57.7x
Revenue (TTM)
$363.20M
Div. yield
–
Metal Fabrication Industrials
TS Tenaris Sa
$59.32 +6.9% 1M +65.7% 1Y
Market cap
$62.80B
P/E
32.8x
Revenue (TTM)
$12.04B
Div. yield
–
Metal Fabrication Industrials
10 wins

Head to Head

11 decided of 12

Tenaris leads on 10 of the 12 questions below (Tenaris 10, Mayville Engineering Company 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLXFRMECTSLeader
Larger companyMarket capitalisation $461.73M $304.18M $62.80B TS
Cheaper on earningsLower P/E, profitable companies only 57.7x -17.6x 32.8x TS
Cheaper on forward earningsLower price / next fiscal year consensus EPS 17.4x 54.6x 15.0x TS
Faster revenue growthRevenue growth, trailing twelve months -10.6% +11.8% +2.3% MEC
More profitableNet margin, trailing twelve months 2.2% -3.0% 15.9% TS
Better return on capitalReturn on invested capital 4.6% -1.8% 12.7% TS
Less leveragedLower net debt / EBITDA 1.4x 3.9x -3.1x TS
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +27.1% -20.7% +65.7% TS
Better 5-year returnAnnualised price return, 5 years -3.4%/yr -5.9%/yr +21.5%/yr TS
Less volatileAnnualised volatility, 1 year 33.3% 54.6% 29.0% TS
Higher overall scoreMean of the five percentile scores vs peers 51/100 28/100 58/100 TS

Percentile Scorecard

LXFRMECTS

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

AxisLXFRMECTS
Valuation 58 #85 of 203 48 #106 of 203 41 #120 of 203
Growth 17 #156 of 187 11 #167 of 187 18 #154 of 187
Profitability 39 #113 of 185 23 #142 of 185 80 #37 of 185
Financial Health 60 #89 of 219 31 #151 of 219 99 #4 of 219
Shareholder Returns 82 #29 of 153 – 52 #74 of 153
Overall 51 28 58
  • LXFR ranked among 222 companies in Machinery
  • MEC ranked among 222 companies in Machinery
  • TS ranked among 222 companies in Machinery

Price Performance

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

Returns

PeriodLXFRMECTSSPY
1 month 0.0%-23.8%+6.9% -0.8%
3 months +0.8%-55.5%+5.2% +3.5%
6 months +31.0%-39.9%-6.1% +7.0%
Year to date +27.6%-30.0%+54.3% +12.2%
1 year +27.1%-20.7%+65.7% +13.0%
3 years +101.9%+22.1%+88.8% +86.3%
3 years, per year +26.4%+6.9%+23.6% +23.1%
5 years -15.7%-26.2%+164.5% +68.6%
5 years, per year -3.4%-5.9%+21.5% +11.0%
10 years ——+108.1% +258.0%
10 years, per year ——+7.6% +13.6%

Risk

MeasureLXFRMECTSSPY
Volatility, 1Y 33.3%54.6%29.0% 12.7%
Downside volatility, 1Y 39.2%53.1%29.4% 12.7%
Beta vs S&P 500, 1Y 0.961.550.32 1.00
Return / volatility, 1Y 0.81-0.382.27 1.02
Max drawdown, 5Y -67.3%-66.7%-33.7% -25.4%
From 52-week high -9.5%-65.1%-7.3% -1.8%
52-week high $19.08$37.54$64.02 $779.14
52-week low $11.51$12.73$37.11 $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.

MultipleLXFRMECTS
P/E now vs peer median 57.7xmedian 26.0x -17.2xmedian 26.0x 32.8xmedian 26.0x
P/S now vs peer median 1.3xmedian 1.9x 0.6xmedian 1.9x 5.3xmedian 1.9x
EV/EBITDA now vs peer median 15.5xmedian 14.0x 14.5xmedian 14.0x 19.2xmedian 14.0x
P/FCF now vs peer median 27.5xmedian 21.4x -73.0xmedian 21.4x 22.8xmedian 21.4x
P/B now vs peer median 2.1xmedian 2.2x 1.0xmedian 2.2x 3.7xmedian 2.2x
PEG now vs peer median -2.97median 1.26 0.36median 1.26 —median 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 monthsLXFRMECTS
Revenue $363.20M $586.34M $12.04B
Gross profit $90.20M $53.52M $4.08B
Operating income $22.70M -$12.80M $2.23B
Net income $8.00M -$17.30M $1.97B
Free cash flow $16.80M -$4.57M $2.78B
R&D $5.10M – –
EPS (diluted) $0.29 $-0.76 –
Cash & equivalents $11.50M $2.20M $9.02B
Total debt – $752.49M $1.27B
Shares (diluted) 27.22M 22.77M –
Enterprise value $421.13M $297.19M $33.83B

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
MetricLXFRMECTS
P/E 57.7x -17.2x 32.8x
P/FCF 27.5x -73.0x 22.8x
P/Operating cash flow 17.8x 24.0x 28.4x
P/S 1.3x 0.6x 5.3x
P/B 2.1x 1.0x 3.7x
P/Tangible book 2.2x 1.5x 3.7x
EV/EBITDA 15.5x 14.5x 19.2x
EV/EBIT 22.4x -35.8x 24.6x
EV/Revenue 1.4x 0.8x 4.6x
EV/FCF 30.3x -100.1x 19.7x
EV/Operating cash flow 19.6x 32.8x 24.5x
PEG (3Y EPS CAGR) -2.97 0.36 –

Growth

14 metrics
MetricLXFRMECTS
Revenue growth (1Y) -10.6% 11.8% 2.3%
Revenue CAGR (3Y) -5.4% 2.4% -6.7%
Gross profit growth (1Y) -1.3% -5.8% 2.7%
Gross profit CAGR (3Y) -0.1% -4.2% -13.9%
Operating income growth (1Y) -33.6% -142.1% 0.0%
Operating income CAGR (3Y) -14.7% -37.8% -20.6%
Net income growth (1Y) -67.1% -196.8% -3.3%
Net income CAGR (3Y) -19.3% -49.1% -18.8%
EPS growth (1Y) -67.2% -188.0% –
EPS CAGR (3Y) -19.4% -47.4% –
Operating cash flow growth (1Y) -42.4% -82.4% -11.7%
Operating cash flow CAGR (3Y) 6.7% -23.3% -9.6%
Free cash flow growth (1Y) -52.8% -106.7% -13.2%
Free cash flow CAGR (3Y) 14.8% 16.0% -7.8%

Profitability

14 metrics
MetricLXFRMECTS
Gross margin 24.8% 9.1% 33.9%
EBITDA margin 9.0% 5.4% 23.7%
Operating margin 6.3% -2.2% 18.5%
Pretax margin 5.4% -4.7% 20.5%
Net margin 2.2% -3.0% 15.9%
FCF margin 4.6% -0.8% 23.1%
Operating cash flow margin 7.2% 2.4% 18.6%
Return on equity 3.6% -6.2% 11.4%
Return on assets 2.0% -3.0% 9.7%
Return on invested capital 4.6% -1.8% 12.7%
Return on capital employed 7.3% -2.6% 11.0%
Asset turnover 0.9x 1.0x 0.6x
Cash conversion (OCF / net income) 3.3x -0.8x 1.1x
Stock comp / revenue 1.1% 0.6% –

Financial Health

11 metrics
MetricLXFRMECTS
Debt / assets 15.0% 21.4% 1.5%
Debt / equity 0.3x 0.4x 0.0x
Net debt / EBITDA 1.4x 3.9x -3.1x
Debt / FCF 3.5x -27.5x 0.1x
Liabilities / assets 42.8% 44.7% 15.2%
Equity / assets 57.2% 55.3% 84.8%
Interest coverage 7.3x -0.9x 45.4x
Current ratio 2.3x 1.7x –
Quick ratio 1.0x 0.9x 70.8x
Cash ratio 0.1x 0.0x 58.2x
Altman Z-score 3.49 1.92 –

Shareholder Returns

7 metrics
MetricLXFRMECTS
Dividend yield 2.3% – 3.0%
Net buyback yield 0.7% – -1.5%
Shareholder yield 3.0% – 1.5%
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.

ConsensusLXFRMECTS
Forward P/E 17.4xFY2026 54.6xFY2026 15.0xFY2026
EPS, next fiscal year $0.99FY2026 $0.24FY2026 $3.96FY2026
EPS growth, next FY -10.8%FY2026 -22.6%FY2026 +8.2%FY2026
EPS growth, the year after +41.4% +354.2% +2.5%
Revenue, next fiscal year $386.72MFY2026 $666.72MFY2026 $12.99BFY2026
Revenue growth, next FY +4.2%FY2026 +22.0%FY2026 +8.4%FY2026
Revenue growth, the year after +2.6% +4.5% -6.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLXFRMECTS
Held by institutions 91.6% 83.1% 3.6%
Institutions holding 136 156 283
Change in shares held, QoQ -1.6% +47.1% -2.4%
Institutions buying 76 98 154
Institutions selling 41 40 78
Buyers to sellers 1.85 2.45 1.97

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.

LXFRMECTS
LXFR 1.00 0.30 0.12
MEC 0.30 1.00 0.14
TS 0.12 0.14 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, LXFR, MEC and TS?

Tenaris (TS) is the largest by market capitalisation: Luxfer Holdings (LXFR) $461.73M, Mayville Engineering Company (MEC) $304.18M, Tenaris (TS) $62.80B.

Which stock is cheaper, LXFR, MEC and TS?

Tenaris (TS) trades on the lowest price-to-earnings ratio (Luxfer Holdings (LXFR) 57.7x, Mayville Engineering Company (MEC) -17.6x, Tenaris (TS) 32.8x). On next year's consensus earnings, Tenaris (TS) is cheapest (Luxfer Holdings (LXFR) 17.4x, Mayville Engineering Company (MEC) 54.6x, Tenaris (TS) 15.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Mayville Engineering Company (MEC) grew revenue fastest over the trailing twelve months: Luxfer Holdings (LXFR) -10.6%, Mayville Engineering Company (MEC) +11.8%, Tenaris (TS) +2.3%.

Which company is more profitable?

Tenaris (TS) has the highest net margin (Luxfer Holdings (LXFR) 2.2%, Mayville Engineering Company (MEC) -3.0%, Tenaris (TS) 15.9%). On return on invested capital, Tenaris (TS) leads (Luxfer Holdings (LXFR) 4.6%, Mayville Engineering Company (MEC) -1.8%, Tenaris (TS) 12.7%).

Which stock has performed better?

Over the past year Tenaris (TS) returned the most: Luxfer Holdings (LXFR) +27.1%, Mayville Engineering Company (MEC) -20.7%, Tenaris (TS) +65.7%. Over five years, Tenaris (TS) compounded fastest (Luxfer Holdings (LXFR) -3.4%/yr, Mayville Engineering Company (MEC) -5.9%/yr, Tenaris (TS) +21.5%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Tenaris (TS) has been the steadiest (Luxfer Holdings (LXFR) 33.3%, Mayville Engineering Company (MEC) 54.6%, Tenaris (TS) 29.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, LXFR, MEC and TS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Tenaris (TS) leads on 10. 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.