Forensic Analysis · Technology / Software · as of Sep 24, 2026
Methode Electronics Inc (MEI)
A forensic read on Methode Electronics Inc built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
D · Weak — demands caution
Forensic grade
Safe
Financial health
3.9
Distress distance
Clean
Earnings quality
5
Forensic signals
-12.8
P / E (ttm)
-5.3%
ROE
$529M
Market cap
2.34%
Dividend yield
-2.8%
Revenue growth
This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (red flags, auditor quality, say on pay, board independence, going concern, valuation). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.
Methode Electronics Inc earns a D (Weak — demands caution) forensic quality grade, and its balance-sheet distress test reads 3.9, placing it in the Safe zone. 5 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
0.8%
FY2026
Return on invested capital.Return on invested capital is 0.8% in the latest fiscal year and rising across FY2024–FY2026 from -9%. The capital base behind it barely moved across FY2024–FY2026 ($1.0B to $913M, -10%), so there has been little new capital for that return to be earned on.
92d DSO
FY2025→FY2026
Receivables vs revenue.Days sales outstanding moved from 84 to 92 days FY2025→FY2026 (receivables +7% vs revenue -3%). Receivables are creeping up relative to sales. Across FY2024–FY2026 the day count ran 86 → 84 → 92 days, so the latest reading sits on top of a record that was flat or falling before it — one year's move, not a direction the business has been travelling in. Both figures are measured on period-end balances rather than the beginning-plus-ending average, because averaging needs the balance a year before every reading — FY2025's opening balance is on file, but across the 3 fiscal years read here (FY2024–FY2026) the average yields only 2 day counts (1 step), too few to tell a climb from one year's move.
+0.1%/yr
FY2024–FY2026
Share count.Diluted share count changed 0% over the last 2 years to FY2026 (+0.1%/yr). Roughly flat — the count is neither shrinking nor growing meaningfully. Per-share value isn't being meaningfully helped or hurt by the count.
$106M
FY2024–FY2024
Goodwill impairments.Took $106M of goodwill writedowns across 1 year (FY2024 ($106M)). Writedowns mean past acquisitions underperformed what was paid for them.
-60%
FY2025→FY2026
Key fundamentals
Latest Revenue$1.02B
Revenue Growth YoY-2.8%
Revenue CAGR (2yr)-4.3%
Net Margin-3.5%
Free Cash Flow$15.6M
Return on Equity-5.3%
Debt / Equity0.48x
The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Methode Electronics Inc's actual 10-K/10-Q/8-K filings?
Dividend — cut.The payout was CUT ~60% in FY2026 (from FY2025). It still returns some cash, but it is NOT the dependable, rising dividend an unbroken streak implies.