MEC vs AZZ vs PKOH Stock Comparison

Mayville Engineering Company, Azz and Park Ohio Holdings Prices as of Oct 26, 2026 Peers: Industry group
AZZ Azz Inc
$133.41 -2.6% 1M +35.2% 1Y
Market cap
$4.09B
P/E
24.4x
Revenue (TTM)
$1.75B
Div. yield
–
Metal Fabrication Industrials
7 wins
PKOH Park Ohio Holdings Corp
$43.35 -9.8% 1M +111.4% 1Y
Market cap
$618.83M
P/E
23.4x
Revenue (TTM)
$1.65B
Div. yield
–
Metal Fabrication Industrials
3 wins

Head to Head

11 decided of 12

Azz leads on 7 of the 12 questions below (Azz 7, Park Ohio Holdings 3, Mayville Engineering Company 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMECAZZPKOHLeader
Larger companyMarket capitalisation $315.34M $4.09B $618.83M AZZ
Cheaper on earningsLower P/E, profitable companies only -18.2x 24.4x 23.4x PKOH
Cheaper on forward earningsLower price / next fiscal year consensus EPS 54.6x 18.1x 12.7x PKOH
Faster revenue growthRevenue growth, trailing twelve months +11.8% +9.5% +2.7% MEC
More profitableNet margin, trailing twelve months -3.0% 9.6% 1.6% AZZ
Better return on capitalReturn on invested capital -1.8% 11.4% 6.1% AZZ
Less leveragedLower net debt / EBITDA 3.9x 1.2x 5.8x AZZ
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -20.7% +35.2% +111.4% PKOH
Better 5-year returnAnnualised price return, 5 years -5.9%/yr +20.8%/yr +12.9%/yr AZZ
Less volatileAnnualised volatility, 1 year 54.6% 32.1% 44.5% AZZ
Higher overall scoreMean of the five percentile scores vs peers 28/100 58/100 51/100 AZZ

Percentile Scorecard

MECAZZPKOH

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

AxisMECAZZPKOH
Valuation 48 #106 of 203 75 #52 of 203 86 #30 of 203
Growth 11 #167 of 187 63 #69 of 187 75 #48 of 187
Profitability 23 #142 of 185 72 #52 of 185 41 #110 of 185
Financial Health 31 #151 of 219 56 #98 of 219 12 #192 of 219
Shareholder Returns – 24 #117 of 153 43 #88 of 153
Overall 28 58 51
  • MEC ranked among 222 companies in Machinery
  • AZZ ranked among 222 companies in Machinery
  • PKOH ranked among 222 companies in Machinery

Price Performance

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

Returns

PeriodMECAZZPKOHSPY
1 month -23.8%-2.6%-9.8% -0.8%
3 months -55.5%-10.2%+10.9% +3.5%
6 months -39.9%-7.9%+61.5% +7.0%
Year to date -30.0%+24.5%+107.0% +12.2%
1 year -20.7%+35.2%+111.4% +13.0%
3 years +22.1%+187.2%+96.6% +86.3%
3 years, per year +6.9%+42.2%+25.3% +23.1%
5 years -26.2%+157.4%+83.0% +68.6%
5 years, per year -5.9%+20.8%+12.9% +11.0%
10 years —+149.6%+32.9% +258.0%
10 years, per year —+9.6%+2.9% +13.6%

Risk

MeasureMECAZZPKOHSPY
Volatility, 1Y 54.6%32.1%44.5% 12.7%
Downside volatility, 1Y 53.1%30.2%43.4% 12.7%
Beta vs S&P 500, 1Y 1.551.171.30 1.00
Return / volatility, 1Y -0.381.102.50 1.02
Max drawdown, 5Y -66.7%-46.8%-62.4% -25.4%
From 52-week high -65.1%-16.7%-17.4% -1.8%
52-week high $37.54$160.17$52.51 $779.14
52-week low $12.73$97.64$18.74 $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.

MultipleMECAZZPKOH
P/E now vs peer median -17.2xmedian 26.0x 23.9xmedian 26.0x 22.7xmedian 26.0x
P/S now vs peer median 0.6xmedian 1.9x 2.3xmedian 1.9x 0.4xmedian 1.9x
EV/EBITDA now vs peer median 14.5xmedian 14.0x 11.7xmedian 14.0x 11.8xmedian 14.0x
P/FCF now vs peer median -73.0xmedian 21.4x 18.6xmedian 21.4x 30.6xmedian 21.4x
P/B now vs peer median 1.0xmedian 2.2x 2.8xmedian 2.2x 1.6xmedian 2.2x
PEG now vs peer median 0.36median 1.26 0.27median 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 monthsMECAZZPKOH
Revenue $586.34M $1.75B $1.65B
Gross profit $53.52M $423.83M $286.50M
Operating income -$12.80M $287.42M $71.50M
Net income -$17.30M $167.46M $26.50M
Free cash flow -$4.57M $214.45M $20.50M
EPS (diluted) $-0.76 $5.56 $1.87
Cash & equivalents $2.20M $1.95M $48.30M
Total debt $752.49M $468.47M $652.60M
Shares (diluted) 22.77M 30.12M 14.20M
Enterprise value $308.35M $4.09B $428.23M

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
MetricMECAZZPKOH
P/E -17.2x 23.9x 22.7x
P/FCF -73.0x 18.6x 30.6x
P/Operating cash flow 24.0x 13.7x 9.3x
P/S 0.6x 2.3x 0.4x
P/B 1.0x 2.8x 1.6x
P/Tangible book 1.5x 4.0x 1.6x
EV/EBITDA 14.5x 11.7x 11.8x
EV/EBIT -35.8x 15.5x 17.2x
EV/Revenue 0.8x 2.6x 0.7x
EV/FCF -100.1x 20.8x 60.1x
EV/Operating cash flow 32.8x 15.3x 18.3x
PEG (3Y EPS CAGR) 0.36 0.27 0.36

Growth

14 metrics
MetricMECAZZPKOH
Revenue growth (1Y) 11.8% 9.5% 2.7%
Revenue CAGR (3Y) 2.4% 5.2% 0.8%
Gross profit growth (1Y) -5.8% 11.0% 4.9%
Gross profit CAGR (3Y) -4.2% 8.9% 5.6%
Operating income growth (1Y) -142.1% 21.3% -7.1%
Operating income CAGR (3Y) -37.8% 11.4% 10.1%
Net income growth (1Y) -196.8% -46.7% -4.7%
Net income CAGR (3Y) -49.1% 99.0% 66.6%
EPS growth (1Y) -188.0% -46.5% -6.0%
EPS CAGR (3Y) -47.4% 87.1% 62.5%
Operating cash flow growth (1Y) -82.4% -42.0% 476.1%
Operating cash flow CAGR (3Y) -23.3% 20.3% 93.5%
Free cash flow growth (1Y) -106.7% -47.3% 187.6%
Free cash flow CAGR (3Y) 16.0% 35.3% 46.1%

Profitability

14 metrics
MetricMECAZZPKOH
Gross margin 9.1% 24.3% 17.3%
EBITDA margin 5.4% 21.8% 6.3%
Operating margin -2.2% 16.5% 4.3%
Pretax margin -4.7% 12.9% 1.6%
Net margin -3.0% 9.6% 1.6%
FCF margin -0.8% 12.3% 1.2%
Operating cash flow margin 2.4% 16.7% 4.1%
Return on equity -6.2% 12.0% 6.9%
Return on assets -3.0% 7.3% 1.8%
Return on invested capital -1.8% 11.4% 6.1%
Return on capital employed -2.6% 14.1% 6.6%
Asset turnover 1.0x 0.8x 1.1x
Cash conversion (OCF / net income) -0.8x 1.7x 2.5x
Stock comp / revenue 0.6% 0.8% 0.3%

Financial Health

11 metrics
MetricMECAZZPKOH
Debt / assets 21.4% 20.0% 44.4%
Debt / equity 0.4x 0.3x 1.7x
Net debt / EBITDA 3.9x 1.2x 5.8x
Debt / FCF -27.5x 2.2x 31.8x
Liabilities / assets 44.7% 39.5% 73.3%
Equity / assets 55.3% 60.5% 26.7%
Interest coverage -0.9x 6.3x 1.4x
Current ratio 1.7x 1.8x 2.4x
Quick ratio 0.9x 0.8x 1.1x
Cash ratio 0.0x 0.0x 0.1x
Altman Z-score 1.92 4.44 –

Shareholder Returns

7 metrics
MetricMECAZZPKOH
Dividend yield – 0.7% 1.2%
Net buyback yield – – –
Shareholder yield – 0.7% 1.2%
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.

ConsensusMECAZZPKOH
Forward P/E 54.6xFY2026 18.1xFY2026 12.7xFY2026
EPS, next fiscal year $0.24FY2026 $7.37FY2026 $3.41FY2026
EPS growth, next FY -22.6%FY2026 +19.1%FY2026 +26.3%FY2026
EPS growth, the year after +354.2% +12.1% +13.2%
Revenue, next fiscal year $666.72MFY2026 $1.97BFY2026 $1.78BFY2026
Revenue growth, next FY +22.0%FY2026 +19.4%FY2026 +11.5%FY2026
Revenue growth, the year after +4.5% -8.1% +5.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMECAZZPKOH
Held by institutions 83.1% 94.6% 55.8%
Institutions holding 156 364 104
Change in shares held, QoQ +47.1% +1.1% +6.4%
Institutions buying 98 196 58
Institutions selling 40 119 27
Buyers to sellers 2.45 1.65 2.15

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.

MECAZZPKOH
MEC 1.00 0.39 0.27
AZZ 0.39 1.00 0.42
PKOH 0.27 0.42 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, MEC, AZZ and PKOH?

Azz (AZZ) is the largest by market capitalisation: Mayville Engineering Company (MEC) $315.34M, Azz (AZZ) $4.09B, Park Ohio Holdings (PKOH) $618.83M.

Which stock is cheaper, MEC, AZZ and PKOH?

Park Ohio Holdings (PKOH) trades on the lowest price-to-earnings ratio (Mayville Engineering Company (MEC) -18.2x, Azz (AZZ) 24.4x, Park Ohio Holdings (PKOH) 23.4x). On next year's consensus earnings, Park Ohio Holdings (PKOH) is cheapest (Mayville Engineering Company (MEC) 54.6x, Azz (AZZ) 18.1x, Park Ohio Holdings (PKOH) 12.7x). 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: Mayville Engineering Company (MEC) +11.8%, Azz (AZZ) +9.5%, Park Ohio Holdings (PKOH) +2.7%.

Which company is more profitable?

Azz (AZZ) has the highest net margin (Mayville Engineering Company (MEC) -3.0%, Azz (AZZ) 9.6%, Park Ohio Holdings (PKOH) 1.6%). On return on invested capital, Azz (AZZ) leads (Mayville Engineering Company (MEC) -1.8%, Azz (AZZ) 11.4%, Park Ohio Holdings (PKOH) 6.1%).

Which stock has performed better?

Over the past year Park Ohio Holdings (PKOH) returned the most: Mayville Engineering Company (MEC) -20.7%, Azz (AZZ) +35.2%, Park Ohio Holdings (PKOH) +111.4%. Over five years, Azz (AZZ) compounded fastest (Mayville Engineering Company (MEC) -5.9%/yr, Azz (AZZ) +20.8%/yr, Park Ohio Holdings (PKOH) +12.9%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Azz (AZZ) has been the steadiest (Mayville Engineering Company (MEC) 54.6%, Azz (AZZ) 32.1%, Park Ohio Holdings (PKOH) 44.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, MEC, AZZ and PKOH?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Azz (AZZ) leads on 7. 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.