156.45 USD
+5.8 (+3.85%)
156.45 USD
0 (0%)
MIDD gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 132 industry peers in the Machinery industry. MIDD has an average financial health and profitability rating. MIDD has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year MIDD was profitable.
In the past year MIDD had a positive cash flow from operations.
MIDD had positive earnings in each of the past 5 years.
In the past 5 years MIDD always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of -3.18%, MIDD is not doing good in the industry: 77.27% of the companies in the same industry are doing better.
The Return On Equity of MIDD (-6.89%) is worse than 73.48% of its industry peers.
The Return On Invested Capital of MIDD (9.38%) is better than 68.94% of its industry peers.
MIDD had an Average Return On Invested Capital over the past 3 years of 8.58%. This is in line with the industry average of 10.21%.
The last Return On Invested Capital (9.38%) for MIDD is above the 3 year average (8.58%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.18% | ||
| ROE | -6.89% | ||
| ROIC | 9.38% |
ROA(3y)6.01%
ROA(5y)5.93%
ROE(3y)13.24%
ROE(5y)13.96%
ROIC(3y)8.58%
ROIC(5y)7.78%
1.3 Margins
MIDD's Profit Margin has been stable in the last couple of years.
MIDD has a better Operating Margin (17.25%) than 81.06% of its industry peers.
In the last couple of years the Operating Margin of MIDD has remained more or less at the same level.
MIDD has a better Gross Margin (37.82%) than 71.21% of its industry peers.
In the last couple of years the Gross Margin of MIDD has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.25% | ||
| PM (TTM) | N/A | ||
| GM | 37.82% |
OM growth 3Y4.07%
OM growth 5Y0.8%
PM growth 3Y-9.72%
PM growth 5Y-1.46%
GM growth 3Y1.06%
GM growth 5Y0.35%
2. Health
2.1 Basic Checks
MIDD has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, MIDD has about the same amount of shares outstanding.
The number of shares outstanding for MIDD has been reduced compared to 5 years ago.
Compared to 1 year ago, MIDD has an improved debt to assets ratio.
2.2 Solvency
MIDD has an Altman-Z score of 3.37. This indicates that MIDD is financially healthy and has little risk of bankruptcy at the moment.
With a Altman-Z score value of 3.37, MIDD perfoms like the industry average, outperforming 58.33% of the companies in the same industry.
The Debt to FCF ratio of MIDD is 3.50, which is a good value as it means it would take MIDD, 3.50 years of fcf income to pay off all of its debts.
MIDD's Debt to FCF ratio of 3.50 is fine compared to the rest of the industry. MIDD outperforms 65.15% of its industry peers.
A Debt/Equity ratio of 0.69 indicates that MIDD is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.69, MIDD is doing worse than 67.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 3.5 | ||
| Altman-Z | 3.37 |
ROIC/WACC1.03
WACC9.08%
2.3 Liquidity
MIDD has a Current Ratio of 2.07. This indicates that MIDD is financially healthy and has no problem in meeting its short term obligations.
MIDD has a Current ratio (2.07) which is in line with its industry peers.
MIDD has a Quick Ratio of 1.10. This is a normal value and indicates that MIDD is financially healthy and should not expect problems in meeting its short term obligations.
MIDD has a Quick ratio (1.10) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.07 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 4.54% over the past year.
Measured over the past 5 years, MIDD shows a small growth in Earnings Per Share. The EPS has been growing by 6.89% on average per year.
The Revenue has been growing slightly by 0.27% in the past year.
The Revenue has been growing slightly by 5.54% on average over the past years.
EPS 1Y (TTM)4.54%
EPS 3Y6.17%
EPS 5Y6.89%
EPS Q2Q%1.72%
Revenue 1Y (TTM)0.27%
Revenue growth 3Y6.03%
Revenue growth 5Y5.54%
Sales Q2Q%3.51%
3.2 Future
The Earnings Per Share is expected to grow by 8.75% on average over the next years. This is quite good.
The Revenue is expected to grow by 2.97% on average over the next years.
EPS Next Y-2.48%
EPS Next 2Y1.38%
EPS Next 3Y3.93%
EPS Next 5Y8.75%
Revenue Next Year0.38%
Revenue Next 2Y1.73%
Revenue Next 3Y2.25%
Revenue Next 5Y2.97%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 16.16 indicates a correct valuation of MIDD.
MIDD's Price/Earnings ratio is rather cheap when compared to the industry. MIDD is cheaper than 85.61% of the companies in the same industry.
When comparing the Price/Earnings ratio of MIDD to the average of the S&P500 Index (27.17), we can say MIDD is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 16.04, the valuation of MIDD can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MIDD indicates a rather cheap valuation: MIDD is cheaper than 82.58% of the companies listed in the same industry.
MIDD's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.79.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.16 | ||
| Fwd PE | 16.04 |
4.2 Price Multiples
MIDD's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. MIDD is cheaper than 70.45% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MIDD indicates a rather cheap valuation: MIDD is cheaper than 88.64% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.36 | ||
| EV/EBITDA | 11.87 |
4.3 Compensation for Growth
The decent profitability rating of MIDD may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.34
EPS Next 2Y1.38%
EPS Next 3Y3.93%
5. Dividend
5.1 Amount
MIDD does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
156.45
+5.8 (+3.85%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners108.51%
Inst Owner Change0%
Ins Owners1.45%
Ins Owner Change0%
Market Cap7.88B
Revenue(TTM)3.88B
Net Income(TTM)-202.37M
Analysts78.75
Price Target162.56 (3.91%)
Short Float %4.75%
Short Ratio2.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.74%
Min EPS beat(2)3.25%
Max EPS beat(2)12.24%
EPS beat(4)4
Avg EPS beat(4)7.94%
Min EPS beat(4)3.25%
Max EPS beat(4)12.24%
EPS beat(8)6
Avg EPS beat(8)2.78%
EPS beat(12)9
Avg EPS beat(12)3.28%
EPS beat(16)11
Avg EPS beat(16)2.2%
Revenue beat(2)1
Avg Revenue beat(2)-0.73%
Min Revenue beat(2)-1.66%
Max Revenue beat(2)0.19%
Revenue beat(4)1
Avg Revenue beat(4)-1.87%
Min Revenue beat(4)-5.59%
Max Revenue beat(4)0.19%
Revenue beat(8)1
Avg Revenue beat(8)-3.32%
Revenue beat(12)2
Avg Revenue beat(12)-2.68%
Revenue beat(16)4
Avg Revenue beat(16)-2.09%
PT rev (1m)4%
PT rev (3m)1.24%
EPS NQ rev (1m)0.34%
EPS NQ rev (3m)-2.31%
EPS NY rev (1m)0.1%
EPS NY rev (3m)1.99%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.19%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.16 | ||
| Fwd PE | 16.04 | ||
| P/S | 2.03 | ||
| P/FCF | 13.36 | ||
| P/OCF | 11.6 | ||
| P/B | 2.68 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.87 |
EPS(TTM)9.68
EY6.19%
EPS(NY)9.75
Fwd EY6.23%
FCF(TTM)11.71
FCFY7.49%
OCF(TTM)13.48
OCFY8.62%
SpS77.04
BVpS58.32
TBVpS-11.08
PEG (NY)N/A
PEG (5Y)2.34
Graham Number112.71
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.18% | ||
| ROE | -6.89% | ||
| ROCE | 12.39% | ||
| ROIC | 9.38% | ||
| ROICexc | 9.69% | ||
| ROICexgc | 29.25% | ||
| OM | 17.25% | ||
| PM (TTM) | N/A | ||
| GM | 37.82% | ||
| FCFM | 15.21% |
ROA(3y)6.01%
ROA(5y)5.93%
ROE(3y)13.24%
ROE(5y)13.96%
ROIC(3y)8.58%
ROIC(5y)7.78%
ROICexc(3y)9.12%
ROICexc(5y)8.23%
ROICexgc(3y)32.98%
ROICexgc(5y)32.85%
ROCE(3y)11.34%
ROCE(5y)10.28%
ROICexgc growth 3Y-1.32%
ROICexgc growth 5Y-3.17%
ROICexc growth 3Y7.22%
ROICexc growth 5Y0.39%
OM growth 3Y4.07%
OM growth 5Y0.8%
PM growth 3Y-9.72%
PM growth 5Y-1.46%
GM growth 3Y1.06%
GM growth 5Y0.35%
F-Score5
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 3.5 | ||
| Debt/EBITDA | 2.54 | ||
| Cap/Depr | 68.86% | ||
| Cap/Sales | 2.3% | ||
| Interest Coverage | 7.16 | ||
| Cash Conversion | 85.04% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.07 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | 3.37 |
F-Score5
WACC9.08%
ROIC/WACC1.03
Cap/Depr(3y)51.59%
Cap/Depr(5y)46.78%
Cap/Sales(3y)1.72%
Cap/Sales(5y)1.68%
Profit Quality(3y)114.73%
Profit Quality(5y)130.65%
High Growth Momentum
Growth
EPS 1Y (TTM)4.54%
EPS 3Y6.17%
EPS 5Y6.89%
EPS Q2Q%1.72%
EPS Next Y-2.48%
EPS Next 2Y1.38%
EPS Next 3Y3.93%
EPS Next 5Y8.75%
Revenue 1Y (TTM)0.27%
Revenue growth 3Y6.03%
Revenue growth 5Y5.54%
Sales Q2Q%3.51%
Revenue Next Year0.38%
Revenue Next 2Y1.73%
Revenue Next 3Y2.25%
Revenue Next 5Y2.97%
EBIT growth 1Y-3.36%
EBIT growth 3Y10.34%
EBIT growth 5Y6.38%
EBIT Next Year9.36%
EBIT Next 3Y6.08%
EBIT Next 5YN/A
FCF growth 1Y33.22%
FCF growth 3Y19.69%
FCF growth 5Y14.02%
OCF growth 1Y27.6%
OCF growth 3Y17.5%
OCF growth 5Y12.72%
MIDDLEBY CORP / MIDD FAQ
What is the fundamental rating for MIDD stock?
ChartMill assigns a fundamental rating of 5 / 10 to MIDD.
What is the valuation status of MIDDLEBY CORP (MIDD) stock?
ChartMill assigns a valuation rating of 6 / 10 to MIDDLEBY CORP (MIDD). This can be considered as Fairly Valued.
What is the profitability of MIDD stock?
MIDDLEBY CORP (MIDD) has a profitability rating of 6 / 10.
What is the expected EPS growth for MIDDLEBY CORP (MIDD) stock?
The Earnings per Share (EPS) of MIDDLEBY CORP (MIDD) is expected to decline by -2.48% in the next year.