128.19 USD
+1.92 (+1.52%)
128.19 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to MIDD. MIDD was compared to 130 industry peers in the Machinery industry. MIDD has only an average score on both its financial health and profitability. MIDD has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
MIDD had positive earnings in the past year.
MIDD had a positive operating cash flow in the past year.
MIDD had positive earnings in each of the past 5 years.
Each year in the past 5 years MIDD had a positive operating cash flow.
1.2 Ratios
MIDD has a worse Return On Assets (-3.18%) than 75.38% of its industry peers.
MIDD has a worse Return On Equity (-6.89%) than 73.08% of its industry peers.
MIDD has a better Return On Invested Capital (9.38%) than 68.46% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MIDD is in line with the industry average of 10.46%.
The 3 year average ROIC (8.58%) for MIDD is below the current ROIC(9.38%), indicating increased profibility in the last year.
| 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
In the last couple of years the Profit Margin of MIDD has remained more or less at the same level.
MIDD has a Operating Margin of 17.25%. This is amongst the best in the industry. MIDD outperforms 80.77% of its industry peers.
MIDD's Operating Margin has been stable in the last couple of years.
The Gross Margin of MIDD (37.82%) is better than 70.00% of its industry peers.
MIDD's Gross Margin has been stable in the last couple of years.
| 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.
Compared to 5 years ago, MIDD has less shares outstanding
Compared to 1 year ago, MIDD has an improved debt to assets ratio.
2.2 Solvency
MIDD has an Altman-Z score of 3.15. This indicates that MIDD is financially healthy and has little risk of bankruptcy at the moment.
MIDD has a Altman-Z score of 3.15. This is comparable to the rest of the industry: MIDD outperforms 53.08% of its industry peers.
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 65.38% of its industry peers.
A Debt/Equity ratio of 0.69 indicates that MIDD is somewhat dependend on debt financing.
MIDD has a Debt to Equity ratio of 0.69. This is in the lower half of the industry: MIDD underperforms 67.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 3.5 | ||
| Altman-Z | 3.15 |
ROIC/WACC1.05
WACC8.92%
2.3 Liquidity
A Current Ratio of 2.07 indicates that MIDD has no problem at all paying its short term obligations.
The Current ratio of MIDD (2.07) is comparable to the rest of the industry.
A Quick Ratio of 1.10 indicates that MIDD should not have too much problems paying its short term obligations.
MIDD's Quick ratio of 1.10 is in line compared to the rest of the industry. MIDD outperforms 40.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.07 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
MIDD shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.54%.
The Earnings Per Share has been growing slightly by 6.89% on average over the past years.
Looking at the last year, MIDD shows a small growth in Revenue. The Revenue has grown by 0.27% in the last 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.
Based on estimates for the next years, MIDD will show a small growth in Revenue. The Revenue will grow by 2.97% on average per year.
EPS Next Y-2.58%
EPS Next 2Y1.51%
EPS Next 3Y3.97%
EPS Next 5Y8.75%
Revenue Next Year0.38%
Revenue Next 2Y1.81%
Revenue Next 3Y2.36%
Revenue Next 5Y2.97%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 13.24, which indicates a correct valuation of MIDD.
Based on the Price/Earnings ratio, MIDD is valued cheaper than 90.77% of the companies in the same industry.
When comparing the Price/Earnings ratio of MIDD to the average of the S&P500 Index (26.34), we can say MIDD is valued slightly cheaper.
The Price/Forward Earnings ratio is 13.11, which indicates a correct valuation of MIDD.
MIDD's Price/Forward Earnings ratio is rather cheap when compared to the industry. MIDD is cheaper than 87.69% of the companies in the same industry.
MIDD is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.56, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.24 | ||
| Fwd PE | 13.11 |
4.2 Price Multiples
74.62% of the companies in the same industry are more expensive than MIDD, based on the Enterprise Value to EBITDA ratio.
MIDD's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MIDD is cheaper than 89.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.94 | ||
| EV/EBITDA | 10.33 |
4.3 Compensation for Growth
The decent profitability rating of MIDD may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.92
EPS Next 2Y1.51%
EPS Next 3Y3.97%
5. Dividend
5.1 Amount
MIDD does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
128.19
+1.92 (+1.52%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners105.71%
Inst Owner Change-1.25%
Ins Owners1.45%
Ins Owner Change0%
Market Cap6.46B
Revenue(TTM)3.88B
Net Income(TTM)-202.37M
Analysts78.75
Price Target156.82 (22.33%)
Short Float %5.28%
Short Ratio3.91
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)-2.15%
PT rev (3m)-0.38%
EPS NQ rev (1m)-1.17%
EPS NQ rev (3m)-2.6%
EPS NY rev (1m)2.34%
EPS NY rev (3m)2.18%
Revenue NQ rev (1m)-0.19%
Revenue NQ rev (3m)0.19%
Revenue NY rev (1m)0.59%
Revenue NY rev (3m)0.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.24 | ||
| Fwd PE | 13.11 | ||
| P/S | 1.66 | ||
| P/FCF | 10.94 | ||
| P/OCF | 9.51 | ||
| P/B | 2.2 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.33 |
EPS(TTM)9.68
EY7.55%
EPS(NY)9.78
Fwd EY7.63%
FCF(TTM)11.71
FCFY9.14%
OCF(TTM)13.48
OCFY10.52%
SpS77.04
BVpS58.32
TBVpS-11.08
PEG (NY)N/A
PEG (5Y)1.92
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 | 3.15 |
F-Score5
WACC8.92%
ROIC/WACC1.05
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-2.58%
EPS Next 2Y1.51%
EPS Next 3Y3.97%
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 2Y1.81%
Revenue Next 3Y2.36%
Revenue Next 5Y2.97%
EBIT growth 1Y-3.36%
EBIT growth 3Y10.34%
EBIT growth 5Y6.38%
EBIT Next Year9.33%
EBIT Next 3Y6.23%
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 for MIDD stock?
ChartMill assigns a valuation rating of 6 / 10 to MIDDLEBY CORP (MIDD). This can be considered as Fairly Valued.
How profitable is MIDDLEBY CORP (MIDD) stock?
MIDDLEBY CORP (MIDD) has a profitability rating of 6 / 10.
How financially healthy is MIDDLEBY CORP?
The financial health rating of MIDDLEBY CORP (MIDD) is 6 / 10.
What is the earnings growth outlook for MIDDLEBY CORP?
The Earnings per Share (EPS) of MIDDLEBY CORP (MIDD) is expected to decline by -2.58% in the next year.