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MEC vs FRGE

Comparison between Mayville Engineering Company Inc (MEC, Company) and Forge Global Holdings, Inc. (FRGE, Company).

MEC is from the Industrials sector, while FRGE is from the Financial Services sector.

5-Year PerformanceMEC has outperformed FRGE, delivering a return of +11.2% compared to -21.0%

MEC vs FRGE - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap
MEC
$614M
Winner
FRGE
$617M
Max Drawdown
Winner
MEC
76.62%
FRGE
98.69%
Sharpe Ratio
MEC
1.43
Winner
FRGE
1.44
5Y Beta
MEC
0.84
Winner
FRGE
0.79
Industry
MEC
Metal Fabrication
FRGE
Capital Markets
P/E Ratio
Winner
MEC
-37.65
FRGE
-9.22
Forward P/E
MEC
22.08
FRGE
N/A
Debt to Equity
MEC
0.00%
FRGE
0.00%
Free Cash Flow Yield
Winner
MEC
2.38%
FRGE
-6.50%

MEC vs FRGE - Historical Returns

Returns include dividend reinvestment.

1M
MEC
-10.98%
Winner
FRGE
+0.00%
3M
Winner
MEC
+42.17%
FRGE
+0.00%
6M
Winner
MEC
+65.36%
FRGE
+1.01%
1Y
MEC
+93.20%
Winner
FRGE
+150.00%
5Y(CAGR)
Winner
MEC
+11.16%
FRGE
-21.04%
Max(CAGR)
Winner
MEC
+8.88%
FRGE
-20.20%

MEC vs FRGE - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

YearMECFRGE
2026+60.47%+1.24%
2025+20.46%+214.46%
2024+11.73%-72.70%
2023+13.54%+100.58%
2022-14.75%-82.54%
2021+18.05%-4.56%
2020+40.82%N/A
2019-43.05%N/A

MEC vs FRGE Drawdown Comparison

The maximum drawdown for MEC was -76.62%, occurring on Mar 12, 2020. Recovery took 460 trading sessions.

The maximum drawdown for FRGE was -98.69%, occurring on Apr 4, 2025. This drawdown has not yet recovered.

The current MEC drawdown is -18.99%. The current FRGE drawdown is -92.03%.

RankMECFRGE
#1-76.62%
May 15, 2019 - Mar 12, 2021
-98.69%
Mar 30, 2022 - Apr 4, 2025
#2-72.12%
Jun 21, 2021 - Nov 5, 2024
-22.91%
Mar 22, 2022 - Mar 25, 2022
#3-45.62%
Nov 5, 2024 - Feb 13, 2026
-12.51%
Feb 8, 2021 - Mar 22, 2022
#4-24.77%
Feb 20, 2026 - Apr 30, 2026
-2.35%
Feb 3, 2021 - Feb 8, 2021
#5-22.48%
Jun 29, 2026 - Jul 20, 2026
N/A
#6-20.52%
Mar 15, 2021 - May 10, 2021
N/A
#7-15.15%
May 11, 2026 - Jun 1, 2026
N/A
#8-8.97%
May 10, 2021 - May 24, 2021
N/A
#9-7.20%
Jun 7, 2021 - Jun 15, 2021
N/A
#10-5.55%
Jun 12, 2026 - Jun 18, 2026
N/A
#11-4.38%
Jun 15, 2021 - Jun 18, 2021
N/A
#12-4.32%
Jun 1, 2021 - Jun 7, 2021
N/A
#13-4.26%
Jun 18, 2026 - Jun 26, 2026
N/A
#14-3.65%
Feb 13, 2026 - Feb 20, 2026
N/A
#15-2.89%
Apr 30, 2026 - May 6, 2026
N/A

Correlation

Correlation between MEC and FRGE is -0.22 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.22
-101

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