PKOH vs HLP vs MEC Stock Comparison

Park Ohio Holdings, Hongli and Mayville Engineering Company Prices as of Oct 27, 2026 Peers: Industry group
PKOH Park Ohio Holdings Corp
$44.48 -7.4% 1M +117.3% 1Y
Market cap
$616.95M
P/E
23.3x
Revenue (TTM)
$1.65B
Div. yield
–
Metal Fabrication Industrials
8 wins
HLP Hongli Group Inc.
$3.64 +64.7% 1M +149.3% 1Y
Market cap
$303.30M
P/E
137.6x
Revenue (TTM)
—
Div. yield
–
Metal Fabrication Industrials
1 win

Head to Head

11 decided of 12

Park Ohio Holdings leads on 8 of the 12 questions below (Park Ohio Holdings 8, Mayville Engineering Company 2, Hongli 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionPKOHHLPMECLeader
Larger companyMarket capitalisation $616.95M $303.30M $335.26M PKOH
Cheaper on earningsLower P/E, profitable companies only 23.3x 137.6x -19.4x PKOH
Cheaper on forward earningsLower price / next fiscal year consensus EPS 13.0x — 57.5x PKOH
Faster revenue growthRevenue growth, trailing twelve months +2.7% — +11.8% MEC
More profitableNet margin, trailing twelve months 1.6% — -3.0% PKOH
Better return on capitalReturn on invested capital 6.1% — -1.8% PKOH
Less leveragedLower net debt / EBITDA 5.8x — 3.9x MEC
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +117.3% +149.3% -16.4% HLP
Better 5-year returnAnnualised price return, 5 years +13.3%/yr — -5.1%/yr PKOH
Less volatileAnnualised volatility, 1 year 44.5% 118.6% 54.8% PKOH
Higher overall scoreMean of the five percentile scores vs peers 51/100 — 28/100 PKOH

Percentile Scorecard

PKOHHLPMEC

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

AxisPKOHHLPMEC
Valuation 85 #31 of 203 10 #183 of 203 48 #107 of 203
Growth 75 #48 of 188 – 11 #168 of 188
Profitability 40 #110 of 183 – 23 #141 of 183
Financial Health 13 #190 of 217 55 #99 of 217 31 #150 of 217
Shareholder Returns 45 #85 of 153 – –
Overall 51 – 28
  • PKOH ranked among 222 companies in Machinery
  • HLP 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

PeriodPKOHHLPMECSPY
1 month -7.4%+64.7%-19.7% -0.2%
3 months +13.6%+184.4%-50.3% +3.9%
6 months +50.7%+343.9%-37.0% +8.2%
Year to date +112.4%+250.0%-26.3% +12.9%
1 year +117.3%+149.3%-16.4% +12.3%
3 years +101.7%+64.0%+28.6% +87.4%
3 years, per year +26.4%+17.9%+8.8% +23.3%
5 years +86.3%—-23.2% +67.9%
5 years, per year +13.3%—-5.1% +10.9%
10 years +38.2%—— +261.1%
10 years, per year +3.3%—— +13.7%

Risk

MeasurePKOHHLPMECSPY
Volatility, 1Y 44.5%118.6%54.8% 12.7%
Downside volatility, 1Y 43.4%130.9%53.1% 12.7%
Beta vs S&P 500, 1Y 1.310.071.57 1.00
Return / volatility, 1Y 2.641.26-0.30 0.97
Max drawdown, 5Y -62.4%-91.9%-66.7% -25.4%
From 52-week high -15.3%0.0%-63.2% -1.2%
52-week high $52.51$3.64$37.54 $779.14
52-week low $18.74$0.43$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.

MultiplePKOHHLPMEC
P/E now vs peer median 23.3xmedian 25.2x 137.6xmedian 25.2x -18.2xmedian 25.2x
P/S now vs peer median 0.4xmedian 1.9x 13.6xmedian 1.9x 0.6xmedian 1.9x
EV/EBITDA now vs peer median 11.9xmedian 14.0x —median 14.0x 15.1xmedian 14.0x
P/FCF now vs peer median 31.4xmedian 21.7x -609.0xmedian 21.7x -77.0xmedian 21.7x
P/B now vs peer median 1.6xmedian 2.3x 4.6xmedian 2.3x 1.1xmedian 2.3x
PEG now vs peer median 0.37median 1.32 —median 1.32 0.38median 1.32

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 monthsPKOHHLPMEC
Revenue $1.65B – $586.34M
Gross profit $286.50M – $53.52M
Operating income $71.50M – -$12.80M
Net income $26.50M – -$17.30M
Free cash flow $20.50M – -$4.57M
EPS (diluted) $1.87 – $-0.76
Cash & equivalents $48.30M $1.81M $2.20M
Total debt $652.60M $47.35M $752.49M
Shares (diluted) 14.20M 73.44M 22.77M
Enterprise value $426.35M $298.73M $328.27M

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
MetricPKOHHLPMEC
P/E 23.3x 137.6x -18.2x
P/FCF 31.4x -609.0x -77.0x
P/Operating cash flow 9.6x – 25.3x
P/S 0.4x 13.6x 0.6x
P/B 1.6x 4.6x 1.1x
P/Tangible book 1.6x 5.0x 1.6x
EV/EBITDA 11.9x – 15.1x
EV/EBIT 17.5x – -37.1x
EV/Revenue 0.8x – 0.8x
EV/FCF 60.9x – -104.0x
EV/Operating cash flow 18.5x – 34.1x
PEG (3Y EPS CAGR) 0.37 – 0.38

Growth

14 metrics
MetricPKOHHLPMEC
Revenue growth (1Y) 2.7% – 11.8%
Revenue CAGR (3Y) 0.8% – 2.4%
Gross profit growth (1Y) 4.9% – -5.8%
Gross profit CAGR (3Y) 5.6% – -4.2%
Operating income growth (1Y) -7.1% – -142.1%
Operating income CAGR (3Y) 10.1% – -37.8%
Net income growth (1Y) -4.7% – -196.8%
Net income CAGR (3Y) 66.6% – -49.1%
EPS growth (1Y) -6.0% – -188.0%
EPS CAGR (3Y) 62.5% – -47.4%
Operating cash flow growth (1Y) 476.1% – -82.4%
Operating cash flow CAGR (3Y) 93.5% – -23.3%
Free cash flow growth (1Y) 187.6% – -106.7%
Free cash flow CAGR (3Y) 46.1% – 16.0%

Profitability

14 metrics
MetricPKOHHLPMEC
Gross margin 17.3% – 9.1%
EBITDA margin 6.3% – 5.4%
Operating margin 4.3% – -2.2%
Pretax margin 1.6% – -4.7%
Net margin 1.6% – -3.0%
FCF margin 1.2% – -0.8%
Operating cash flow margin 4.1% – 2.4%
Return on equity 6.9% – -6.2%
Return on assets 1.8% – -3.0%
Return on invested capital 6.1% – -1.8%
Return on capital employed 6.6% – -2.6%
Asset turnover 1.1x – 1.0x
Cash conversion (OCF / net income) 2.5x – -0.8x
Stock comp / revenue 0.3% – 0.6%

Financial Health

11 metrics
MetricPKOHHLPMEC
Debt / assets 44.4% 16.0% 21.4%
Debt / equity 1.7x 0.2x 0.4x
Net debt / EBITDA 5.8x – 3.9x
Debt / FCF 31.8x – -27.5x
Liabilities / assets 73.3% 19.9% 44.7%
Equity / assets 26.7% 80.1% 55.3%
Interest coverage 1.4x – -0.9x
Current ratio 2.4x 1.1x 1.7x
Quick ratio 1.1x 0.8x 0.9x
Cash ratio 0.1x 0.1x 0.0x
Altman Z-score – – 1.96

Shareholder Returns

7 metrics
MetricPKOHHLPMEC
Dividend yield 1.1% – –
Net buyback yield – – –
Shareholder yield 1.1% – –
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.

ConsensusPKOHHLPMEC
Forward P/E 13.0xFY2026 – 57.5xFY2026
EPS, next fiscal year $3.41FY2026 – $0.24FY2026
EPS growth, next FY +26.3%FY2026 – -22.6%FY2026
EPS growth, the year after +13.2% – +354.2%
Revenue, next fiscal year $1.78BFY2026 – $666.72MFY2026
Revenue growth, next FY +11.5%FY2026 – +22.0%FY2026
Revenue growth, the year after +5.8% – +4.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersPKOHHLPMEC
Held by institutions 55.8% – 83.1%
Institutions holding 104 – 156
Change in shares held, QoQ +6.4% – +47.1%
Institutions buying 58 – 98
Institutions selling 27 – 40
Buyers to sellers 2.15 – 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.

PKOHHLPMEC
PKOH 1.00 -0.08 0.27
HLP -0.08 1.00 -0.10
MEC 0.27 -0.10 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, PKOH, HLP and MEC?

Park Ohio Holdings (PKOH) is the largest by market capitalisation: Park Ohio Holdings (PKOH) $616.95M, Hongli (HLP) $303.30M, Mayville Engineering Company (MEC) $335.26M.

Which stock is cheaper, PKOH, HLP and MEC?

Park Ohio Holdings (PKOH) trades on the lowest price-to-earnings ratio (Park Ohio Holdings (PKOH) 23.3x, Hongli (HLP) 137.6x, Mayville Engineering Company (MEC) -19.4x). On next year's consensus earnings, Park Ohio Holdings (PKOH) is cheapest (Park Ohio Holdings (PKOH) 13.0x, Mayville Engineering Company (MEC) 57.5x). 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: Park Ohio Holdings (PKOH) +2.7%, Mayville Engineering Company (MEC) +11.8%.

Which company is more profitable?

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

Which stock has performed better?

Over the past year Hongli (HLP) returned the most: Park Ohio Holdings (PKOH) +117.3%, Hongli (HLP) +149.3%, Mayville Engineering Company (MEC) -16.4%. Over five years, Park Ohio Holdings (PKOH) compounded fastest (Park Ohio Holdings (PKOH) +13.3%/yr, Mayville Engineering Company (MEC) -5.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Park Ohio Holdings (PKOH) has been the steadiest (Park Ohio Holdings (PKOH) 44.5%, Hongli (HLP) 118.6%, Mayville Engineering Company (MEC) 54.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, PKOH, HLP 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, Park Ohio Holdings (PKOH) leads on 8. 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.