Is MEC or MTRN more undervalued in 2026?

CirclFi compares Mayville Engineering Company, I (MEC) and Materion Corporation (MTRN) using 13 institutional-grade valuation models. MEC has a Quality of Company score of 6.1/10 while MTRN scores 9.0/10.

Which is a better buy — MEC or MTRN?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do MEC and MTRN valuations compare?

MEC at $26.85 and MTRN at $220.04 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

MEC vs MTRN Valuation Comparison 2026 — Intrinsic Value Analysis

MEC

Metal Forgings & Stampings

Mayville Engineering Company, I

Quality

6.1

out of 10

Value Trap

SAFE

Price

$26.85

Last close

Models

10/13

Active

MTRN

Metal Forgings & Stampings

Materion Corporation

Quality

9.0

out of 10

Value Trap

SAFE

Price

$220.04

Last close

Models

13/13

Active

Model-by-Model Comparison

Model	Type	MEC Fair Value	MEC Upside	MTRN Fair Value	MTRN Upside
Bayesian DCF	Intrinsic	$3.93	-85.4%	$13.38	-93.9%
Earnings Power Value	Intrinsic	—	—	$42.99	-80.5%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$23.20	-13.6%	$156.44	-28.9%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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MEC vs MTRN — Which Stock Is More Undervalued?

MTRN scores higher with a 9.0/10 quality rating vs MEC's 6.1/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Mayville Engineering Company, I (MEC) and Materion Corporation (MTRN) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

MEC currently trades at $26.85 with a QOC of 6.1/10, while MTRN trades at $220.04 with a QOC of 9.0/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).