MEIMETHODE ELECTRONICS INC
Electronic Connectors
- Revenue
- $1.0B
- 2.8% YoY
- Operating margin
- 0.9%
- 138% YoY
- EBITDA
- $68M
- 95% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 2.6×
- $176M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear22% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear14% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.1B | $1.0B | $1.0B | 2.8% |
| Operating income | $112M | $90M | −$112M | −$24M | $9M | 137% |
| Net income | $102M | $77M | −$123M | −$63M | −$36M | 43% |
| Operating cash flow | $99M | $133M | $48M | $26M | $38M | 44% |
| Capex | $38M | $42M | $50M | $42M | $22M | 46% |
| Stock-based comp | $12M | $12M | $4M | $7M | $9M | 15% |
| Buybacks | $65M | $48M | $14M | $2M | $0 | 100% |
| Dividends | $20M | $20M | $20M | $20M | $8M | 59% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | — | — | 22 | 304 |
| FY2025 | — | — | 17 | 128 |
| FY2024 | — | — | 29 | 125 |
| FY2023 | — | — | 94 | 100 |
| FY2022 | — | — | 101 | 96 |