MEG - Montrose Environmental Group, Inc. Stock Price, Fair Value and News

41.40USD+0.10 (+0.24%)Market Closed

Market Summary

USD41.40+0.10

Market Closed

0.24%

MEG Stock Price

View Fullscreen

MEG RSI Chart

MEG Valuation

Market Cap

1.3B

Price/Earnings (Trailing)

-40.76

Price/Sales (Trailing)

2.01

EV/EBITDA

225.03

Price/Free Cashflow

47.56

MEG Price/Sales (Trailing)

MEG Profitability

Operating Margin

38.50%

EBT Margin

-5.10%

Return on Equity

-9.61%

Return on Assets

-3.78%

Free Cashflow Yield

2.1%

MEG Fundamentals

MEG Revenue

Revenue (TTM)

624.2M

Rev. Growth (Yr)

18.8%

Rev. Growth (Qtr)

-1.31%

MEG Earnings

Earnings (TTM)

-30.9M

Earnings Growth (Yr)

86.67%

Earnings Growth (Qtr)

80.85%

Breaking Down MEG Revenue

Last 7 days

-1.6%

Last 30 days

8.3%

Last 90 days

36.6%

Trailing 12 Months

36.4%

How does MEG drawdown profile look like?

MEG Financial Health

Current Ratio

1.59

Debt/Equity

0.46

Debt/Cashflow

0.38

MEG Investor Care

Shares Dilution (1Y)

1.60%

Diluted EPS (TTM)

-1.58

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	541.2M	560.4M	598.0M	624.2M
2022	547.3M	551.0M	548.7M	544.4M
2021	401.0M	463.5M	511.4M	546.4M
2020	243.9M	260.3M	287.4M	328.2M
2019	200.1M	211.3M	222.6M	233.9M
2018	0	0	0	188.8M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Montrose Environmental Group, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Jan 01, 2024	field janet risi	acquired	-	-	3,423	-
Jan 01, 2024	price james k	acquired	-	-	3,423	-
Jan 01, 2024	graham peter	acquired	-	-	3,423	-
Jan 01, 2024	presby j thomas	acquired	-	-	3,423	-
Jan 01, 2024	newmark robin	acquired	-	-	3,423	-
Jan 01, 2024	fernandez de castro jose miguel	acquired	-	-	3,423	-
Jan 01, 2024	perlman richard e	acquired	-	-	3,423	-
Nov 10, 2023	field janet risi	bought	12,627	25.255	500	-
Nov 10, 2023	dicks allan	bought	51,370	25.685	2,000	chief financial officer
Sep 12, 2023	fernandez de castro jose miguel	bought	329,440	32.944	10,000	-

Which funds bought or sold MEG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	RATIONAL ADVISORS LLC	sold off	-100	-11,278	-	-%
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	34,738	119,571	-%
Apr 23, 2024	RICE HALL JAMES & ASSOCIATES, LLC	added	0.15	514,733	2,844,450	0.16%
Apr 23, 2024	AMALGAMATED BANK	reduced	-75.77	-90,000	38,000	-%
Apr 23, 2024	FIFTH THIRD BANCORP	reduced	-14.89	170	4,700	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	40,327	451,459	-%
Apr 18, 2024	Naviter Wealth, LLC	reduced	-5.38	124,318	933,930	0.15%
Apr 18, 2024	Diversified Trust Co	added	25.00	154,859	450,455	0.01%
Apr 17, 2024	ATTICUS WEALTH MANAGEMENT, LLC	unchanged	-	8,448	47,004	0.01%
Apr 17, 2024	WoodTrust Financial Corp	added	18.28	272,000	887,000	0.14%

Are Funds Buying or Selling MEG?

Are funds buying MEG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MEG

No. of Funds

Unveiling Montrose Environmental Group, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	ubs asset management americas inc	8.25%	2,491,944	SC 13G/A
Feb 13, 2024	vanguard group inc	5.08%	1,534,694	SC 13G
Feb 09, 2024	capital research global investors	0.0%	0	SC 13G/A
Jan 25, 2024	blackrock inc.	8.3%	2,509,351	SC 13G/A
Oct 10, 2023	alger associates inc	3.6%	1,087,993	SC 13G/A
Feb 14, 2023	alger associates inc	9.6%	2,848,212	SC 13G/A
Feb 13, 2023	ubs asset management americas inc	7.95%	2,362,771	SC 13G/A
Feb 13, 2023	capital research global investors	6.6%	1,972,095	SC 13G/A
Jan 31, 2023	blackrock inc.	7.2%	2,143,811	SC 13G/A
Apr 08, 2022	alger associates inc	10.7%	3,174,023	SC 13G/A

Recent SEC filings of Montrose Environmental Group, Inc.

View All Filings

Date Filed	Form Type	Document
Apr 22, 2024	DEFA14A	DEFA14A
Apr 19, 2024	424B5	Prospectus Filed
Apr 19, 2024	8-K	Current Report
Apr 16, 2024	424B5	Prospectus Filed
Apr 16, 2024	S-3ASR	S-3ASR
Apr 02, 2024	8-K	Current Report
Mar 25, 2024	DEFA14A	DEFA14A
Mar 25, 2024	ARS	ARS
Mar 25, 2024	DEF 14A	DEF 14A
Mar 11, 2024	PRE 14A	PRE 14A

Peers (Alternatives to Montrose Environmental Group, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADP	101.3B	18.6B	-0.31%	14.56%	28.48	5.45	7.76%	13.08%
CTAS	67.4B	9.4B	4.21%	45.50%	44.82	7.16	9.34%	15.98%
CPRT	52.8B	4.1B	-5.42%	38.27%	38.94	13.01	10.52%	25.37%
EFX	27.9B	5.4B	-15.03%	11.71%	50.04	5.21	5.76%	-4.95%
BAH	18.7B	10.3B	-1.12%	51.29%	45.77	1.81	13.90%	-5.05%
ALLE	11.1B	3.7B	-5.34%	23.09%	20.5	3.03	11.58%	17.98%
MID-CAP
RHI	7.5B	6.4B	-10.08%	-1.85%	18.3	1.18	-11.68%	-37.51%
AL	5.7B	2.7B	5.63%	30.86%	9.21	2.11	15.87%	733.47%
SRCL	4.7B	2.7B	-3.97%	19.05%	-218.73	1.75	-1.68%	-137.70%
ABM	2.8B	8.2B	2.27%	6.00%	10.95	0.34	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	2.7B	6.33%	110.13%	21.53	0.69	104.63%	175.67%
ALTG	384.5M	1.9B	-7.84%	-16.60%	43.2	0.2	19.40%	-4.30%
ARC	114.6M	281.2M	1.12%	-11.48%	13.92	0.41	-1.68%	-25.77%
AQMS	58.2M	1.1M	8.33%	-54.78%	-2.43	49.78	336.95%	-55.13%
AWX	8.8M	80.5M	-6.61%	-18.12%	-4.9	0.11	-0.82%	-207.00%

Montrose Environmental Group, Inc. News

Latest updates

Montrose Environmental Group, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-1.3%	165,742,000	167,937,000	159,101,000	131,428,000	139,514,000	130,312,000	139,910,000	134,680,000	143,794,000	132,578,000	136,224,000	133,817,000	108,741,000	84,705,000	73,766,000	61,031,000	67,876,000	57,623,000	57,401,000	50,954,000	-
Cost Of Revenue	-0.2%	101,919,000	102,155,000	98,196,000	81,633,000	90,833,000	82,234,000	90,429,000	88,386,000	96,366,000	85,242,000	92,104,000	95,316,000	73,377,000	51,828,000	45,889,000	44,398,000	47,735,000	39,804,000	39,349,000	37,095,000	-
S&GA Expenses	7.4%	61,100,000	56,901,000	55,247,000	49,613,000	45,175,000	42,857,000	46,456,000	41,807,000	34,793,000	30,499,000	27,366,000	25,000,000	20,736,000	24,442,000	19,318,000	20,519,000	13,751,000	12,636,000	12,129,000	10,593,000	-
EBITDA Margin	267.9%	0.01	0.00	0.00	0.01	0.02	0.04	0.06	0.03	0.02	0.02	-0.05	0.00	-	-	-	-	-	-	-	-	-
Interest Expenses	-9.4%	-2,286,000	-2,089,000	-1,877,000	-1,541,000	-1,229,000	-1,400,000	-1,518,000	-1,092,000	-407,000	-1,722,000	-6,798,000	-2,688,000	-2,923,000	-3,043,000	-5,260,000	-2,593,000	-2,165,000	-2,130,000	-1,181,000	-1,279,000	-
Income Taxes	-388.7%	-3,822,000	1,324,000	151,000	1,367,000	358,000	-208,000	831,000	1,269,000	1,061,000	902,000	-256,000	2,000	2,414,000	3,348,000	-1,759,000	-3,152,000	-1,813,000	-412,000	-1,712,000	816,000	-
Earnings Before Taxes	15.1%	-5,263,000	-6,201,000	-7,023,000	-13,352,000	-10,454,000	-5,928,000	-6,920,000	-6,267,000	-411,000	3,128,000	-13,404,000	-12,929,000	3,226,000	-27,389,000	11,465,000	-44,400,000	-13,123,000	-7,095,000	-2,034,000	-4,426,000	-
EBT Margin	17.6%	-0.05	-0.06	-0.07	-0.07	-0.05	-0.04	-0.02	-0.03	-0.04	-0.04	-0.11	-0.06	-	-	-	-	-	-	-	-	-
Net Income	80.9%	-1,441,000	-7,525,000	-7,174,000	-14,719,000	-10,812,000	-5,720,000	-7,751,000	-7,536,000	-1,472,000	2,226,000	-13,148,000	-12,931,000	812,000	-30,737,000	13,224,000	-41,248,000	-11,310,000	-6,683,000	-322,000	-5,242,000	-
Net Income Margin	26.5%	-0.05	-0.07	-0.07	-0.07	-0.06	-0.04	-0.03	-0.04	-0.05	-0.05	-0.12	-0.07	-	-	-	-	-	-	-	-	-
Free Cashflow	-23.2%	9,941,000	12,942,000	4,666,000	-1,105,000	7,896,000	9,194,000	12,147,000	-18,590,000	22,291,000	27,703,000	-4,565,000	-14,835,000	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																		(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2018Q4
Assets	-2.3%	817	836	826	783	792	789	788	790	833	668	682	625	603	602	611	472	332	234
Current Assets	-5.7%	201	213	201	231	248	246	244	239	294	139	175	147	134	127	121	-	73.00	54.00
Cash Equivalents	0.2%	23.00	23.00	23.00	77.00	90.00	-	-	-	146	-	-	-	34.00	38.00	-	-	6.00	2.00
Net PPE	-2.0%	57.00	58.00	57.00	41.00	36.00	34.00	34.00	32.00	32.00	31.00	30.00	35.00	34.00	35.00	35.00	-	27.00	21.00
Goodwill	2.3%	364	356	369	326	324	318	316	316	312	304	287	282	275	274	273	-	127	90.00
Liabilities	-7.0%	343	368	360	320	326	320	320	322	364	369	390	345	313	311	357	293	229	118
Current Liabilities	-6.3%	126	135	125	102	111	103	101	100	148	115	107	132	112	106	133	-	73.00	42.00
Long Term Debt	-2.3%	149	153	156	149	152	156	158	160	162	201	231	169	170	171	198	-	145	71.00
LT Debt, Current	0.1%	14.00	14.00	13.00	13.00	12.00	9.00	9.00	9.00	11.00	9.00	7.00	6.00	6.00	5.00	5.00	-	7.00	2.00
LT Debt, Non Current	-2.3%	149	153	156	149	152	156	158	160	162	201	231	169	170	171	198	-	145	71.00
Shareholder's Equity	2.0%	321	315	313	310	313	316	315	316	317	146	139	126	137	139	-	-	-	7.00
Retained Earnings	-0.7%	-210	-208	-201	-194	-179	-168	-162	-155	-147	-146	-148	-133	-122	-123	-92.43	-	-64.40	-40.85
Additional Paid-In Capital	1.5%	532	524	514	504	493	485	478	471	464	292	287	262	259	262	54.00	-	38.00	48.00
Shares Outstanding	0.1%	30.00	30.00	30.00	30.00	30.00	30.00	30.00	30.00	27.00	26.00	26.00	25.00	-	-	-	-	-	-
Float	-	-	-	1,300	-	-	-	1,000	-	-	-	1,400	1,200	-	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																				(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2018Q4
Cashflow From Operations	-14.2%	14,550	16,960	21,483	3,029	12,484	11,107	15,386	-18,328	23,873	30,754	-3,133	-13,913	5,727	-2,293	7,394	-8,978	4,495	8,156	-	-
Share Based Compensation	1.5%	11,658	11,484	11,090	13,035	10,915	11,018	10,932	10,425	3,734	2,365	2,417	1,805	1,410	1,149	1,140	1,150	768	1,055	1,294	-
Cashflow From Investing	53.6%	-4,642	-9,999	-75,256	-11,727	-11,372	-8,985	-3,325	-15,005	-20,953	-24,873	-18,417	-7,398	-2,900	-2,871	-172,309	-1,660	-2,842	-56,200	-	-
Cashflow From Financing	-33.7%	-9,241	-6,910	695	-4,654	-4,714	-6,954	-7,381	-19,715	128,355	-29,895	50,730	-3,087	-6,265	-1,245	208,174	5,238	-2,801	54,511	-	-
Dividend Payments	0%	4,100	4,100	4,100	4,100	4,100	4,100	4,100	4,100	4,100	4,100	4,100	4,100	-	-	-	-	-	-	-	-

MEG Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
REVENUES	$ 624,208	$ 544,416	$ 546,413
COST OF REVENUES (exclusive of depreciation and amortization)	383,903	351,882	369,028
SELLING, GENERAL AND ADMINISTRATIVE EXPENSE	222,861	176,295	117,658
FAIR VALUE CHANGES IN BUSINESS ACQUISITION CONTINGENCIES	84	(3,227)	24,372
DEPRECIATION AND AMORTIZATION	45,780	47,479	44,810
LOSS FROM OPERATIONS	(28,420)	(28,013)	(9,455)
OTHER EXPENSE:
Other income (expense)	4,374	3,683	(2,546)
Interest expense—net	(7,793)	(5,239)	(11,615)
Total other expenses-net	(3,419)	(1,556)	(14,161)
LOSS BEFORE (BENEFIT) EXPENSE FROM INCOME TAXES	(31,839)	(29,569)	(23,616)
INCOME TAX (BENEFIT) EXPENSE	(980)	2,250	1,709
NET LOSS	(30,859)	(31,819)	(25,325)
EQUITY ADJUSTMENT FROM FOREIGN CURRENCY TRANSLATION	(231)	(28)	(35)
COMPREHENSIVE LOSS	(31,090)	(31,847)	(25,360)
CONVERTIBLE AND REDEEMABLE SERIES A-2 PREFERRED STOCK DIVIDEND	(16,400)	(16,400)	(16,400)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	$ (47,259)	$ (48,219)	$ (41,725)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - BASIC	30,058	29,688	26,724
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - DILUTED	30,058	29,688	26,724
NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS - BASIC	$ (1.57)	$ (1.62)	$ (1.56)
NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS - DILUTED	$ (1.57)	$ (1.62)	$ (1.56)

MEG Balance Sheet

2023-12-31

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
CURRENT ASSETS:
Cash, cash equivalents and restricted cash	$ 23,240	$ 89,828
Accounts receivable—net	112,360	94,711
Contract assets	51,629	52,403
Prepaid and other current assets	13,668	10,292
Income tax receivable	27	694
Total current assets	200,924	247,928
NON-CURRENT ASSETS:
Property and equipment—net	56,825	36,045
Operating lease right-of-use asset—net	32,260	26,038
Finance lease right-of-use asset—net	13,248	9,840
Goodwill	364,449	323,868
Other intangible assets—net	140,813	142,107
Other assets	8,267	6,088
TOTAL ASSETS	816,786	791,914
CURRENT LIABILITIES:
Accounts payable and other accrued liabilities	59,920	63,412
Accrued payroll and benefits	34,660	20,528
Business acquisitions contingent consideration, current	3,592	3,801
Current portion of operating lease liabilities	9,963	7,895
Current portion of finance lease liabilities	3,956	3,775
Current portion of long-term debt	14,196	12,031
Total current liabilities	126,287	111,442
NON-CURRENT LIABILITIES:
Business acquisitions contingent consideration, long-term	2,448	4,454
Other non-current liabilities	6,569	13
Deferred tax liabilities—net	6,064	5,742
Operating lease liability—net of current portion	25,048	19,437
Finance lease liability—net of current portion	8,185	6,486
Long-term debt—net of deferred financing fees	148,988	152,494
Total liabilities	342,606	325,799
COMMITMENTS AND CONTINGENCIES (Note 15)
STOCKHOLDERS’ EQUITY:
Additional paid-in capital	531,831	492,676
Accumulated deficit	(210,356)	(179,497)
Accumulated other comprehensive (loss) income	(223)	8
Total stockholders’ equity	321,252	313,187
TOTAL LIABILITIES, CONVERTIBLE AND REDEEMABLE SERIES A-2 PREFERRED STOCK AND STOCKHOLDERS’ EQUITY	816,786	791,914
Conversion Option
NON-CURRENT LIABILITIES:
Conversion option	19,017	25,731
Convertible And Redeemable Series A-2 Preferred Stock
NON-CURRENT LIABILITIES:
REDEEMABLE SERIES PREFERRED STOCK	$ 152,928	$ 152,928

About Montrose Environmental Group, Inc.

Montrose Environmental Group, Inc. operates as an environmental services company in the United States and internationally. The company operates in three segments: Assessment, Permitting and Response; Measurement and Analysis; and Remediation and Reuse. The Assessment, Permitting and Response segment provides scientific advisory and consulting services to support environmental assessments, environmental emergency response and recovery, toxicology consulting and environmental audits and permits for current operations, facility upgrades, new projects, decommissioning projects, and development projects. Its technical advisory and consulting services include regulatory compliance support and planning, environmental, and ecosystem and toxicological assessments and support during responses to environmental disruptions. The Measurement and Analysis segment tests and analyzes air, water, and soil to determine concentrations of contaminants, as well as the toxicological impact of contaminants on flora, fauna, and human health. Its services include source and ambient air testing and monitoring, leak detection, and advanced analytical laboratory services, such as air, storm water, wastewater, and drinking water analysis. The Remediation and Reuse segment provides engineering, design, implementation, and operations and maintenance services primarily to treat contaminated water, remove contaminants from soil, or create biogas from waste. The company serves technology, media, chemical, energy, power and utility, industrial and manufacturing, financial, and engineering industries, as well as local, state, provincial, and federal government entities. Montrose Environmental Group, Inc. was founded in 2012 and is headquartered in North Little Rock, Arkansas.

CEO	Mr. Vijay Manthripragada
WEBSITE	montrose-env.com
INDUSTRY	Information Technology Services
EMPLOYEES	3600

Montrose Environmental Group, Inc. Frequently Asked Questions

What is the ticker symbol for Montrose Environmental Group, Inc.? What does MEG stand for in stocks?

MEG is the stock ticker symbol of Montrose Environmental Group, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Montrose Environmental Group, Inc. (MEG)?

As of Tue Apr 23 2024, market cap of Montrose Environmental Group, Inc. is 1.25 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MEG stock?

You can check MEG's fair value in chart for subscribers.

What is the fair value of MEG stock?

You can check MEG's fair value in chart for subscribers. The fair value of Montrose Environmental Group, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Montrose Environmental Group, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MEG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Montrose Environmental Group, Inc. a good stock to buy?

The fair value guage provides a quick view whether MEG is over valued or under valued. Whether Montrose Environmental Group, Inc. is cheap or expensive depends on the assumptions which impact Montrose Environmental Group, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MEG.

What is Montrose Environmental Group, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, MEG's PE ratio (Price to Earnings) is -40.66 and Price to Sales (PS) ratio is 2.01. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MEG PE ratio will change depending on the future growth rate expectations of investors.