MUELLER INDUSTRIES INC (MLI)
US6247561029 - Common Stock
We assign a fundamental rating of 7 out of 10 to MLI. MLI was compared to 131 industry peers in the Machinery industry. MLI has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. MLI is not valued too expensively and it also shows a decent growth rate. With these ratings, MLI could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
In the past year MLI was profitable.
MLI had a positive operating cash flow in the past year.
In the past 5 years MLI has always been profitable.
Each year in the past 5 years MLI had a positive operating cash flow.
1.2 Ratios
The Return On Assets of MLI (18.29%) is better than 96.85% of its industry peers.
MLI has a Return On Equity of 21.90%. This is amongst the best in the industry. MLI outperforms 85.04% of its industry peers.
Looking at the Return On Invested Capital, with a value of 19.30%, MLI belongs to the top of the industry, outperforming 93.70% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for MLI is significantly above the industry average of 10.95%.
The last Return On Invested Capital (19.30%) for MLI is well below the 3 year average (29.89%), which needs to be investigated, but indicates that MLI had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.29% | ||
| ROE | 21.9% | ||
| ROIC | 19.3% |
ROA(3y)26.1%
ROA(5y)18.96%
ROE(3y)33.63%
ROE(5y)26.91%
ROIC(3y)29.89%
ROIC(5y)23.22%
1.3 Margins
MLI has a better Profit Margin (16.39%) than 93.70% of its industry peers.
In the last couple of years the Profit Margin of MLI has grown nicely.
MLI's Operating Margin of 20.44% is amongst the best of the industry. MLI outperforms 89.76% of its industry peers.
In the last couple of years the Operating Margin of MLI has grown nicely.
Looking at the Gross Margin, with a value of 27.53%, MLI is in line with its industry, outperforming 44.09% of the companies in the same industry.
In the last couple of years the Gross Margin of MLI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.44% | ||
| PM (TTM) | 16.39% | ||
| GM | 27.53% |
OM growth 3Y31.53%
OM growth 5Y26.31%
PM growth 3Y44.7%
PM growth 5Y33.44%
GM growth 3Y17.01%
GM growth 5Y15.42%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so MLI is creating value.
Compared to 1 year ago, MLI has about the same amount of shares outstanding.
Compared to 5 years ago, MLI has more shares outstanding
The debt/assets ratio for MLI has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 15.21 indicates that MLI is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 15.21, MLI belongs to the best of the industry, outperforming 94.49% of the companies in the same industry.
The Debt to FCF ratio of MLI is 0.00, which is an excellent value as it means it would take MLI, only 0.00 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of MLI (0.00) is better than 95.28% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that MLI is not too dependend on debt financing.
MLI's Debt to Equity ratio of 0.00 is amongst the best of the industry. MLI outperforms 84.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 15.21 |
ROIC/WACC2.13
WACC9.07%
2.3 Liquidity
A Current Ratio of 4.86 indicates that MLI has no problem at all paying its short term obligations.
MLI has a better Current ratio (4.86) than 89.76% of its industry peers.
A Quick Ratio of 3.85 indicates that MLI has no problem at all paying its short term obligations.
MLI's Quick ratio of 3.85 is amongst the best of the industry. MLI outperforms 90.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.86 | ||
| Quick Ratio | 3.85 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 4.99% over the past year.
The Earnings Per Share has been growing by 42.27% on average over the past years. This is a very strong growth
MLI shows a small growth in Revenue. In the last year, the Revenue has grown by 0.34%.
Measured over the past years, MLI shows a small growth in Revenue. The Revenue has been growing by 6.40% on average per year.
EPS 1Y (TTM)4.99%
EPS 3Y62.33%
EPS 5Y42.27%
EPS Q2Q%25.42%
Revenue 1Y (TTM)0.34%
Revenue growth 3Y12.57%
Revenue growth 5Y6.4%
Sales Q2Q%21.72%
3.2 Future
MLI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.55% yearly.
The Revenue is expected to grow by 10.17% on average over the next years. This is quite good.
EPS Next Y13.5%
EPS Next 2Y7.55%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year10.25%
Revenue Next 2Y10.17%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
MLI is valuated rather expensively with a Price/Earnings ratio of 17.39.
MLI's Price/Earnings ratio is a bit cheaper when compared to the industry. MLI is cheaper than 74.02% of the companies in the same industry.
MLI's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.53.
The Price/Forward Earnings ratio is 16.57, which indicates a correct valuation of MLI.
Based on the Price/Forward Earnings ratio, MLI is valued a bit cheaper than the industry average as 74.02% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of MLI to the average of the S&P500 Index (23.40), we can say MLI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.39 | ||
| Fwd PE | 16.57 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MLI is valued a bit cheaper than 67.72% of the companies in the same industry.
MLI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MLI is cheaper than 81.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.42 | ||
| EV/EBITDA | 11.81 |
4.3 Compensation for Growth
MLI's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of MLI may justify a higher PE ratio.
PEG (NY)1.29
PEG (5Y)0.41
EPS Next 2Y7.55%
EPS Next 3YN/A
5. Dividend
5.1 Amount
MLI has a yearly dividend return of 0.89%, which is pretty low.
MLI's Dividend Yield is a higher than the industry average which is at 1.55.
Compared to an average S&P500 Dividend Yield of 2.22, MLI's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.89% |
5.2 History
On average, the dividend of MLI grows each year by 24.21%, which is quite nice.
MLI has paid a dividend for at least 10 years, which is a reliable track record.
MLI has decreased its dividend recently.
Dividend Growth(5Y)24.21%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
MLI pays out 14.25% of its income as dividend. This is a sustainable payout ratio.
MLI's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP14.25%
EPS Next 2Y7.55%
EPS Next 3YN/A
MUELLER INDUSTRIES INC
NYSE:MLI (11/15/2024, 8:26:02 PM)
After market: 88.68 0 (0%)88.68
-1.47 (-1.63%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap10.09B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.89% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.39 | ||
| Fwd PE | 16.57 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.29
PEG (5Y)0.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.29% | ||
| ROE | 21.9% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 20.44% | ||
| PM (TTM) | 16.39% | ||
| GM | 27.53% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 4.86 | ||
| Quick Ratio | 3.85 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)4.99%
EPS 3Y62.33%
EPS 5Y
EPS Q2Q%
EPS Next Y13.5%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)0.34%
Revenue growth 3Y12.57%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y