147.76 USD
+1.65 (+1.13%)
147.76 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. Both the profitability and the financial health of MIDD get a neutral evaluation. Nothing too spectacular is happening here. MIDD has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year MIDD was profitable.
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
Looking at the Return On Assets, with a value of -3.18%, MIDD is doing worse than 76.15% of the companies in the same industry.
MIDD's Return On Equity of -6.89% is on the low side compared to the rest of the industry. MIDD is outperformed by 73.85% 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 10.30%.
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
In the last couple of years the Profit Margin of MIDD has remained more or less at the same level.
The Operating Margin of MIDD (17.25%) is better than 81.54% of its industry peers.
MIDD's Operating Margin has been stable in the last couple of years.
With a decent Gross Margin value of 37.82%, MIDD is doing good in the industry, outperforming 70.00% of the companies in the same industry.
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 3.34. This indicates that MIDD is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of MIDD (3.34) is comparable to the rest of the industry.
MIDD has a debt to FCF ratio of 3.50. This is a good value and a sign of high solvency as MIDD would need 3.50 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.50, MIDD is in the better half of the industry, outperforming 64.62% of the companies in the same industry.
A Debt/Equity ratio of 0.69 indicates that MIDD is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.69, MIDD is not doing good in the industry: 67.69% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 3.5 | ||
| Altman-Z | 3.34 |
ROIC/WACC1.04
WACC9.04%
2.3 Liquidity
A Current Ratio of 2.07 indicates that MIDD has no problem at all paying 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 of 1.10. This is comparable 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.
MIDD shows a small growth in Revenue. In the last year, the Revenue has grown by 0.27%.
Measured over the past years, MIDD shows a small growth in Revenue. The Revenue has been growing by 5.54% on average per year.
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 15.26, which indicates a correct valuation of MIDD.
MIDD's Price/Earnings ratio is rather cheap when compared to the industry. MIDD is cheaper than 85.38% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.56, MIDD is valued a bit cheaper.
MIDD is valuated correctly with a Price/Forward Earnings ratio of 15.11.
Based on the Price/Forward Earnings ratio, MIDD is valued cheaply inside the industry as 80.77% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 23.79. MIDD is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.26 | ||
| Fwd PE | 15.11 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MIDD indicates a somewhat cheap valuation: MIDD is cheaper than 70.00% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, MIDD is valued cheaply inside the industry as 86.92% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.61 | ||
| EV/EBITDA | 11.69 |
4.3 Compensation for Growth
The decent profitability rating of MIDD may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.21
EPS Next 2Y1.51%
EPS Next 3Y3.97%
5. Dividend
5.1 Amount
No dividends for MIDD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
147.76
+1.65 (+1.13%)
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 Cap7.44B
Revenue(TTM)3.88B
Net Income(TTM)-202.37M
Analysts78.75
Price Target156.82 (6.13%)
Short Float %5.28%
Short Ratio3.91
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)-2.15%
PT rev (3m)-2.34%
EPS NQ rev (1m)-1.17%
EPS NQ rev (3m)-2.65%
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)0.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.26 | ||
| Fwd PE | 15.11 | ||
| P/S | 1.92 | ||
| P/FCF | 12.61 | ||
| P/OCF | 10.96 | ||
| P/B | 2.53 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.69 |
EPS(TTM)9.68
EY6.55%
EPS(NY)9.78
Fwd EY6.62%
FCF(TTM)11.71
FCFY7.93%
OCF(TTM)13.48
OCFY9.13%
SpS77.04
BVpS58.32
TBVpS-11.08
PEG (NY)N/A
PEG (5Y)2.21
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 | 3.34 |
F-Score5
WACC9.04%
ROIC/WACC1.04
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.