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STOCK COMPARISON

Carpenter Technology vs Mayville Engineering Co: Fair Value & Quality

Both stocks run through our valuation models. Here is how Carpenter Technology (CRS) and Mayville Engineering Co (MEC) compare, as of Sep 24, 2026.

As of Sep 24, 2026, Fair Value Calculator sees Mayville Engineering Co as the less overvalued of the two: Carpenter Technology trades at $395 versus a fair value of $109 (-72%), while Mayville Engineering Co trades at $17.45 versus $12.20 (-30%).
Carpenter Technology
CRS · USD · Materials
-72%
upside to fair value
overvalued
Price$395
Fair Value$109
Quality67/100
Mayville Engineering Co
MEC · USD · Industrials
-30%
upside to fair value
overvalued
Price$17.45
Fair Value$12.20
Quality45/100
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Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

Carpenter TechnologyMayville Engineering Co
Valuation
42.0×P/E (TTM)n/a
9.47×P/S (TTM)1.64×
15.20×P/B3.78× · book value is mostly goodwill
37.9×EV/EBITDA30.1×
1.59×PEGn/a
−72.4%Fair value upside−30.1%
0.2%Dividend yieldn/a
$0.80Dividend per sharen/a
Profitability
23%Operating margin-4%
15.08×EBIT margin trend (5Y)n/a
25%Return on equity-7%
11%Return on assets-1%
Growth
12%Revenue growth (YoY)7%
16.1%Avg. growth/yr (3Y)0.4%
5.7%Avg. growth/yr (5Y)8.9%
+26.3%Value creation/yrn/a
Balance & size
8.2×Interest coverage (EBIT/interest)n/a
0.37×Debt / equity0.84×
$29BMarket cap$910M
healthyGrowth qualitymixed
Valuation multiples (P/E, P/S, P/B, EV/EBITDA) are shown but not scored here: the two companies sit in different sectors, and multiples only compare fairly between similar business models. PEG stays scored, as it relates the P/E to growth.

Carpenter Technology leads: 5 to 2 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Carpenter Technologyof which business quality 63 · market factors 50 Mayville Engineering Coof which business quality 46 · market factors 34
ProfitabilityMargins and returns on capital today
59
23
Quality GrowthAre margins and returns improving?
75
5
CashflowEarnings quality: real cash, not paper profit
51
42
Fin. StrengthBalance sheet, leverage, solvency risk
68
53
InvestmentDisciplined investing over empire-building
63
80
Low VolatilityCalm price path (market factor)
35
25
MomentumPrice trend over the last 3–12 months (market factor)
49
38
52W MomentumDistance to the 52-week high (market factor)
71
39
Net IssuanceShare count: buybacks or dilution?
70
93

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyCarpenter TechnologyPrice $395Mayville Engineering CoPrice $17.45
DCF Models-70%below the price$117-63%below the price$6.53
Earnings-Based-83%below the price$68.04n/a
Dividend Discount-97%below the price$13.82n/a
Multiples-70%below the price$120-65%below the price$6.05
Asset-Based-94%below the price$25.45-64%below the price$6.33
Growth DCF-75%below the price$100-58%below the price$7.26
Economic Profit-78%below the price$86.83n/a
Growth Earnings-71%below the price$116n/a
Minimum-97%below the price$13.82-65%below the price$6.05
Maximum-70%below the price$120-58%below the price$7.26
Median-76%below the price$93.57-63%below the price$6.43
Geometric mean-83%below the price$65.44-63%below the price$6.53

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Carpenter Technology: 26 of 26 models see the stock below the current price.

Mayville Engineering Co: 11 of 11 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Carpenter Technology
Price $395
Fair Value $109
Bear $68.49Bull $158
Mayville Engineering Co
Price $17.45
Fair Value $12.20
Bear $6.48Bull $19.46

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Carpenter Technology · Materials

Quality score67 · Top 25%
Fair value upside-72% · bottom 25%

Mayville Engineering Co · Industrials

Quality score45 · below median
Fair value upside-30% · below median

Bottom line

As of Sep 24, 2026, Fair Value Calculator sees Mayville Engineering Co as the less overvalued of the two: Carpenter Technology trades at $395 versus a fair value of $109 (-72%), while Mayville Engineering Co trades at $17.45 versus $12.20 (-30%).

Carpenter Technology has the higher quality score (67/100).

Open Mayville Engineering Co live analysis →
Carpenter Technology · Mayville Engineering Co

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.