MEC vs OPTX vs TS Stock Comparison

Mayville Engineering Company, Syntec Optics Holdings and Tenaris Prices as of Oct 26, 2026 Peers: Industry group
TS Tenaris Sa
$59.32 +6.9% 1M +65.7% 1Y
Market cap
$62.89B
P/E
32.9x
Revenue (TTM)
$12.04B
Div. yield
–
Metal Fabrication Industrials
7 wins

Head to Head

10 decided of 12

Tenaris leads on 7 of the 12 questions below (Tenaris 7, Syntec Optics Holdings 2, Mayville Engineering Company 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMECOPTXTSLeader
Larger companyMarket capitalisation $306.57M $265.33M $62.89B TS
Cheaper on earningsLower P/E, profitable companies only -17.7x -109.9x 32.9x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 54.6x — 15.0x TS
Faster revenue growthRevenue growth, trailing twelve months +11.8% +1.5% +2.3% MEC
More profitableNet margin, trailing twelve months -3.0% -8.3% 15.9% TS
Better return on capitalReturn on invested capital -1.8% — 12.7% TS
Less leveragedLower net debt / EBITDA 3.9x -11.7x -3.1x OPTX
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -20.7% +131.8% +65.7% OPTX
Better 5-year returnAnnualised price return, 5 years -5.9%/yr — +21.5%/yr TS
Less volatileAnnualised volatility, 1 year 54.6% 136.6% 29.0% TS
Higher overall scoreMean of the five percentile scores vs peers 28/100 31/100 58/100 TS

Percentile Scorecard

MECOPTXTS

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

AxisMECOPTXTS
Valuation 48 #106 of 203 5 #193 of 203 41 #120 of 203
Growth 11 #167 of 187 7 #175 of 187 18 #154 of 187
Profitability 23 #142 of 185 18 #152 of 185 80 #37 of 185
Financial Health 31 #151 of 219 95 #12 of 219 99 #4 of 219
Shareholder Returns – – 52 #74 of 153
Overall 28 31 58
  • MEC ranked among 222 companies in Machinery
  • OPTX 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

PeriodMECOPTXTSSPY
1 month -23.8%-11.4%+6.9% -0.8%
3 months -55.5%-8.1%+5.2% +3.5%
6 months -39.9%-30.2%-6.1% +7.0%
Year to date -30.0%+129.4%+54.3% +12.2%
1 year -20.7%+131.8%+65.7% +13.0%
3 years +22.1%-37.5%+88.8% +86.3%
3 years, per year +6.9%-14.5%+23.6% +23.1%
5 years -26.2%—+164.5% +68.6%
5 years, per year -5.9%—+21.5% +11.0%
10 years ——+108.1% +258.0%
10 years, per year ——+7.6% +13.6%

Risk

MeasureMECOPTXTSSPY
Volatility, 1Y 54.6%136.6%29.0% 12.7%
Downside volatility, 1Y 53.1%114.0%29.4% 12.7%
Beta vs S&P 500, 1Y 1.553.570.32 1.00
Return / volatility, 1Y -0.380.962.27 1.02
Max drawdown, 5Y -66.7%-93.0%-33.7% -25.4%
From 52-week high -65.1%-53.5%-7.3% -1.8%
52-week high $37.54$14.11$64.02 $779.14
52-week low $12.73$1.25$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.

MultipleMECOPTXTS
P/E now vs peer median -17.2xmedian 26.0x -106.5xmedian 26.0x 32.8xmedian 26.0x
P/S now vs peer median 0.6xmedian 1.9x 9.0xmedian 1.9x 5.3xmedian 1.9x
EV/EBITDA now vs peer median 14.5xmedian 14.0x 261.7xmedian 14.0x 19.2xmedian 14.0x
P/FCF now vs peer median -73.0xmedian 21.4x -647.6xmedian 21.4x 22.8xmedian 21.4x
P/B now vs peer median 1.0xmedian 2.2x 8.7xmedian 2.2x 3.7xmedian 2.2x
PEG now vs peer median 0.36median 1.26 2.11median 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 monthsMECOPTXTS
Revenue $586.34M $29.24M $12.04B
Gross profit $53.52M $5.73M $4.08B
Operating income -$12.80M -$1.35M $2.23B
Net income -$17.30M -$2.41M $1.97B
Free cash flow -$4.57M -$407.99K $2.78B
EPS (diluted) $-0.76 $-0.06 –
Cash & equivalents $2.20M $14.05M $9.02B
Total debt $752.49M $29.94M $1.27B
Shares (diluted) 22.77M 39.19M –
Enterprise value $299.58M $249.73M $33.93B

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
MetricMECOPTXTS
P/E -17.2x -106.5x 32.8x
P/FCF -73.0x -647.6x 22.8x
P/Operating cash flow 24.0x 376.4x 28.4x
P/S 0.6x 9.0x 5.3x
P/B 1.0x 8.7x 3.7x
P/Tangible book 1.5x 8.7x 3.7x
EV/EBITDA 14.5x 261.7x 19.2x
EV/EBIT -35.8x -186.8x 24.6x
EV/Revenue 0.8x 8.6x 4.6x
EV/FCF -100.1x -620.0x 19.7x
EV/Operating cash flow 32.8x 360.3x 24.5x
PEG (3Y EPS CAGR) 0.36 2.11 –

Growth

14 metrics
MetricMECOPTXTS
Revenue growth (1Y) 11.8% 1.5% 2.3%
Revenue CAGR (3Y) 2.4% – -6.7%
Gross profit growth (1Y) -5.8% -14.9% 2.7%
Gross profit CAGR (3Y) -4.2% – -13.9%
Operating income growth (1Y) -142.1% -43.2% 0.0%
Operating income CAGR (3Y) -37.8% -56.0% -20.6%
Net income growth (1Y) -196.8% -53.5% -3.3%
Net income CAGR (3Y) -49.1% -52.3% -18.8%
EPS growth (1Y) -188.0% -44.6% –
EPS CAGR (3Y) -47.4% -50.5% –
Operating cash flow growth (1Y) -82.4% -40.6% -11.7%
Operating cash flow CAGR (3Y) -23.3% -37.2% -9.6%
Free cash flow growth (1Y) -106.7% -0.1% -13.2%
Free cash flow CAGR (3Y) 16.0% -30.1% -7.8%

Profitability

14 metrics
MetricMECOPTXTS
Gross margin 9.1% 19.6% 33.9%
EBITDA margin 5.4% 3.3% 23.7%
Operating margin -2.2% -4.6% 18.5%
Pretax margin -4.7% -6.8% 20.5%
Net margin -3.0% -8.3% 15.9%
FCF margin -0.8% -1.4% 23.1%
Operating cash flow margin 2.4% 2.4% 18.6%
Return on equity -6.2% -12.3% 11.4%
Return on assets -3.0% -7.7% 9.7%
Return on invested capital -1.8% – 12.7%
Return on capital employed -2.6% -5.2% 11.0%
Asset turnover 1.0x 0.9x 0.6x
Cash conversion (OCF / net income) -0.8x -0.3x 1.1x
Stock comp / revenue 0.6% – –

Financial Health

11 metrics
MetricMECOPTXTS
Debt / assets 21.4% 7.1% 1.5%
Debt / equity 0.4x 0.1x 0.0x
Net debt / EBITDA 3.9x -11.7x -3.1x
Debt / FCF -27.5x -6.8x 0.1x
Liabilities / assets 44.7% 21.5% 15.2%
Equity / assets 55.3% 78.5% 84.8%
Interest coverage -0.9x – 45.4x
Current ratio 1.7x 6.0x –
Quick ratio 0.9x 4.3x 70.8x
Cash ratio 0.0x 2.8x 58.2x
Altman Z-score 1.92 20.58 –

Shareholder Returns

7 metrics
MetricMECOPTXTS
Dividend yield – – 3.0%
Net buyback yield – – -1.5%
Shareholder yield – – 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.

ConsensusMECOPTXTS
Forward P/E 54.6xFY2026 – 15.0xFY2026
EPS, next fiscal year $0.24FY2026 – $3.96FY2026
EPS growth, next FY -22.6%FY2026 – +8.2%FY2026
EPS growth, the year after +354.2% – +2.5%
Revenue, next fiscal year $666.72MFY2026 – $12.99BFY2026
Revenue growth, next FY +22.0%FY2026 – +8.4%FY2026
Revenue growth, the year after +4.5% – -6.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMECOPTXTS
Held by institutions 83.1% 12.3% 3.6%
Institutions holding 156 62 283
Change in shares held, QoQ +47.1% +244.7% -2.4%
Institutions buying 98 51 154
Institutions selling 40 8 78
Buyers to sellers 2.45 6.38 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.

MECOPTXTS
MEC 1.00 0.23 0.14
OPTX 0.23 1.00 0.16
TS 0.14 0.16 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, MEC, OPTX and TS?

Tenaris (TS) is the largest by market capitalisation: Mayville Engineering Company (MEC) $306.57M, Syntec Optics Holdings (OPTX) $265.33M, Tenaris (TS) $62.89B.

Which company is growing faster?

Mayville Engineering Company (MEC) grew revenue fastest over the trailing twelve months: Mayville Engineering Company (MEC) +11.8%, Syntec Optics Holdings (OPTX) +1.5%, Tenaris (TS) +2.3%.

Which company is more profitable?

Tenaris (TS) has the highest net margin (Mayville Engineering Company (MEC) -3.0%, Syntec Optics Holdings (OPTX) -8.3%, Tenaris (TS) 15.9%). On return on invested capital, Tenaris (TS) leads (Mayville Engineering Company (MEC) -1.8%, Tenaris (TS) 12.7%).

Which stock has performed better?

Over the past year Syntec Optics Holdings (OPTX) returned the most: Mayville Engineering Company (MEC) -20.7%, Syntec Optics Holdings (OPTX) +131.8%, Tenaris (TS) +65.7%. Over five years, Tenaris (TS) compounded fastest (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 (Mayville Engineering Company (MEC) 54.6%, Syntec Optics Holdings (OPTX) 136.6%, Tenaris (TS) 29.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, MEC, OPTX 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 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.