CompoSecure, Inc. (GPGI) vs Mayville Engineering Company, Inc. (MEC)

CompoSecure, Inc. and Mayville Engineering Company, Inc. are both Metal Fabrication companies. CompoSecure, Inc. is the larger, with a market value of $3.5B against $427.6M — 8.1× the size. Mayville Engineering Company, Inc. grew revenue faster over the last twelve months: 11.8% against −34.6%. CompoSecure, Inc. has the higher net margin (0.00% vs −2.95%) and the higher return on invested capital (−1.62% vs −1.78%). Across the 18 metrics below, Mayville Engineering Company, Inc. leads on 10 and CompoSecure, Inc. on 8.

Valuation

Metric GPGI MEC Metal Fabrication median
P/E n/m n/m 17.15
P/S 12.57 0.67 1.14
P/B 1.06 1.20 1.71
Price to free cash flow n/m n/m 22.10
EV/EBITDA n/m 16.49 17.60
EV/Sales 13.27 0.89 1.96
Earnings yield (16.97%) (4.88%) 2.28%
Free cash flow yield (2.09%) (1.15%) 0.92%

Profitability

Metric GPGI MEC Metal Fabrication median
Gross margin 51.04% 9.16% 21.08%
Operating margin 0.00% (2.18%) 5.14%
Net margin 0.00% (2.95%) 4.70%
Free cash flow margin 0.00% (0.77%) 1.45%
Return on equity (20.62%) (6.05%) 0.00%
Return on assets (16.73%) (3.39%) 1.56%
Return on invested capital (1.62%) (1.78%) 2.19%

Growth

Metric GPGI MEC Metal Fabrication median
Revenue growth (TTM) (34.58%) 11.77% 9.93%
EPS growth (last fiscal year) (0.82%) (132.26%) —
Revenue growth, 5-year CAGR (25.50%) 8.85% 6.12%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric GPGI MEC Metal Fabrication median
Debt to equity 0.00 0.39 0.30
Current ratio 1.14 1.70 2.08
Net debt to EBITDA 9.53 5.37 1.02

Dividend

Metric GPGI MEC Metal Fabrication median
Dividend yield — — 1.69%
Payout ratio 0.00 0.00 0.06

Size

Metric GPGI MEC Metal Fabrication median
Market cap 3.46b 427.64m 896.96m

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