MILLERKNOLL INC (MLKN) Stock Fundamental Analysis
USA - NASDAQ:MLKN - US6005441000 - Common Stock
14.67 USD
-0.74 (-4.8%)
Overall MLKN gets a fundamental rating of 4 out of 10. We evaluated MLKN against 82 industry peers in the Commercial Services & Supplies industry. MLKN has a medium profitability rating, but doesn't score so well on its financial health evaluation. A decent growth rate in combination with a cheap valuation! Better keep an eye on MLKN. MLKN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year MLKN was profitable.
MLKN had a positive operating cash flow in the past year.
In multiple years MLKN reported negative net income over the last 5 years.
Of the past 5 years MLKN 4 years had a positive operating cash flow.
1.2 Ratios
MLKN has a Return On Assets (-0.93%) which is in line with its industry peers.
MLKN has a Return On Equity of -2.89%. This is comparable to the rest of the industry: MLKN outperforms 40.24% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.13%, MLKN is in line with its industry, outperforming 53.66% of the companies in the same industry.
MLKN had an Average Return On Invested Capital over the past 3 years of 5.11%. This is significantly below the industry average of 10.49%.
The last Return On Invested Capital (5.13%) for MLKN is above the 3 year average (5.11%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.93% | ||
| ROE | -2.89% | ||
| ROIC | 5.13% |
ROA(3y)0.7%
ROA(5y)1.96%
ROE(3y)2%
ROE(5y)4.84%
ROIC(3y)5.11%
ROIC(5y)5.74%
1.3 Margins
The Operating Margin of MLKN (5.32%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of MLKN has declined.
Looking at the Gross Margin, with a value of 38.76%, MLKN is in the better half of the industry, outperforming 65.85% of the companies in the same industry.
In the last couple of years the Gross Margin of MLKN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.32% | ||
| PM (TTM) | N/A | ||
| GM | 38.76% |
OM growth 3Y74.09%
OM growth 5Y-7.31%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.18%
GM growth 5Y1.14%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MLKN is destroying value.
Compared to 1 year ago, MLKN has less shares outstanding
MLKN has more shares outstanding than it did 5 years ago.
The debt/assets ratio for MLKN is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.69, we must say that MLKN is in the distress zone and has some risk of bankruptcy.
MLKN's Altman-Z score of 1.69 is in line compared to the rest of the industry. MLKN outperforms 47.56% of its industry peers.
MLKN has a debt to FCF ratio of 13.04. This is a negative value and a sign of low solvency as MLKN would need 13.04 years to pay back of all of its debts.
MLKN's Debt to FCF ratio of 13.04 is in line compared to the rest of the industry. MLKN outperforms 50.00% of its industry peers.
A Debt/Equity ratio of 1.03 is on the high side and indicates that MLKN has dependencies on debt financing.
With a Debt to Equity ratio value of 1.03, MLKN is not doing good in the industry: 67.07% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.03 | ||
| Debt/FCF | 13.04 | ||
| Altman-Z | 1.69 |
ROIC/WACC0.66
WACC7.78%
2.3 Liquidity
MLKN has a Current Ratio of 1.58. This is a normal value and indicates that MLKN is financially healthy and should not expect problems in meeting its short term obligations.
MLKN has a Current ratio of 1.58. This is comparable to the rest of the industry: MLKN outperforms 57.32% of its industry peers.
MLKN has a Quick Ratio of 1.58. This is a bad value and indicates that MLKN is not financially healthy enough and could expect problems in meeting its short term obligations.
MLKN has a Quick ratio of 0.94. This is in the lower half of the industry: MLKN underperforms 69.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.58 | ||
| Quick Ratio | 0.94 |
3. Growth
3.1 Past
MLKN shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.45%.
Measured over the past years, MLKN shows a decrease in Earnings Per Share. The EPS has been decreasing by -5.37% on average per year.
Looking at the last year, MLKN shows a small growth in Revenue. The Revenue has grown by 1.14% in the last year.
The Revenue has been growing by 8.10% on average over the past years. This is quite good.
EPS 1Y (TTM)-1.45%
EPS 3Y1.59%
EPS 5Y-5.37%
EPS Q2Q%25%
Revenue 1Y (TTM)1.14%
Revenue growth 3Y-2.39%
Revenue growth 5Y8.1%
Sales Q2Q%10.93%
3.2 Future
MLKN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.57% yearly.
The Revenue is expected to grow by 4.33% on average over the next years.
EPS Next Y-4.45%
EPS Next 2Y8.57%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.71%
Revenue Next 2Y4.33%
Revenue Next 3YN/A
Revenue Next 5YN/A
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
MLKN is valuated cheaply with a Price/Earnings ratio of 7.19.
Based on the Price/Earnings ratio, MLKN is valued cheaper than 91.46% of the companies in the same industry.
MLKN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.13.
A Price/Forward Earnings ratio of 6.38 indicates a rather cheap valuation of MLKN.
Based on the Price/Forward Earnings ratio, MLKN is valued cheaply inside the industry as 91.46% of the companies are valued more expensively.
MLKN is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.35, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.19 | ||
| Fwd PE | 6.38 |
4.2 Price Multiples
84.15% of the companies in the same industry are more expensive than MLKN, based on the Enterprise Value to EBITDA ratio.
MLKN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MLKN is cheaper than 85.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.88 | ||
| EV/EBITDA | 6.52 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y8.57%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.81%, MLKN is a good candidate for dividend investing.
The stock price of MLKN dropped by -22.64% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 2.61, MLKN pays a better dividend. On top of this MLKN pays more dividend than 92.68% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, MLKN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.81% |
5.2 History
The dividend of MLKN has a limited annual growth rate of 3.87%.
MLKN has been paying a dividend for at least 10 years, so it has a reliable track record.
MLKN has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)3.87%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
The earnings of MLKN are negative and hence is the payout ratio. MLKN will probably not be able to sustain this dividend level.
MLKN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-140.11%
EPS Next 2Y8.57%
EPS Next 3YN/A
NASDAQ:MLKN (11/6/2025, 3:01:35 PM)
14.67
-0.74 (-4.8%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners97.67%
Inst Owner ChangeN/A
Ins Owners1.28%
Ins Owner Change23.82%
Market Cap1.01B
Revenue(TTM)3.67B
Net Income(TTM)-36900000
Analysts43.33
Price Target35.7 (143.35%)
Short Float %2.9%
Short Ratio3.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.81% |
Yearly Dividend0.75
Dividend Growth(5Y)3.87%
DP-140.11%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)16.37%
Min EPS beat(2)-1.96%
Max EPS beat(2)34.71%
EPS beat(4)2
Avg EPS beat(4)5.54%
Min EPS beat(4)-12.31%
Max EPS beat(4)34.71%
EPS beat(8)6
Avg EPS beat(8)15.64%
EPS beat(12)10
Avg EPS beat(12)16.18%
EPS beat(16)12
Avg EPS beat(16)12.67%
Revenue beat(2)1
Avg Revenue beat(2)-1.65%
Min Revenue beat(2)-6.51%
Max Revenue beat(2)3.2%
Revenue beat(4)1
Avg Revenue beat(4)-2.3%
Min Revenue beat(4)-6.51%
Max Revenue beat(4)3.2%
Revenue beat(8)2
Avg Revenue beat(8)-2.8%
Revenue beat(12)3
Avg Revenue beat(12)-2.41%
Revenue beat(16)4
Avg Revenue beat(16)-1.02%
PT rev (1m)0%
PT rev (3m)-7.89%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)2.05%
EPS NY rev (3m)2.05%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)0.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.19 | ||
| Fwd PE | 6.38 | ||
| P/S | 0.27 | ||
| P/FCF | 9.88 | ||
| P/OCF | 4.8 | ||
| P/B | 0.79 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.52 |
EPS(TTM)2.04
EY13.91%
EPS(NY)2.3
Fwd EY15.67%
FCF(TTM)1.48
FCFY10.12%
OCF(TTM)3.06
OCFY20.83%
SpS53.57
BVpS18.62
TBVpS-8.12
PEG (NY)N/A
PEG (5Y)N/A
Graham Number29.24
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.93% | ||
| ROE | -2.89% | ||
| ROCE | 6.02% | ||
| ROIC | 5.13% | ||
| ROICexc | 5.45% | ||
| ROICexgc | 13.64% | ||
| OM | 5.32% | ||
| PM (TTM) | N/A | ||
| GM | 38.76% | ||
| FCFM | 2.77% |
ROA(3y)0.7%
ROA(5y)1.96%
ROE(3y)2%
ROE(5y)4.84%
ROIC(3y)5.11%
ROIC(5y)5.74%
ROICexc(3y)5.46%
ROICexc(5y)6.8%
ROICexgc(3y)14.1%
ROICexgc(5y)15.3%
ROCE(3y)5.99%
ROCE(5y)6.73%
ROICexgc growth 3Y74.29%
ROICexgc growth 5Y-13.91%
ROICexc growth 3Y76.25%
ROICexc growth 5Y-17.97%
OM growth 3Y74.09%
OM growth 5Y-7.31%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.18%
GM growth 5Y1.14%
F-Score5
Asset Turnover0.93
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.03 | ||
| Debt/FCF | 13.04 | ||
| Debt/EBITDA | 3.9 | ||
| Cap/Depr | 76.58% | ||
| Cap/Sales | 2.93% | ||
| Interest Coverage | 2.83 | ||
| Cash Conversion | 62.33% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.58 | ||
| Quick Ratio | 0.94 | ||
| Altman-Z | 1.69 |
F-Score5
WACC7.78%
ROIC/WACC0.66
Cap/Depr(3y)60.28%
Cap/Depr(5y)59.82%
Cap/Sales(3y)2.38%
Cap/Sales(5y)2.39%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1.45%
EPS 3Y1.59%
EPS 5Y-5.37%
EPS Q2Q%25%
EPS Next Y-4.45%
EPS Next 2Y8.57%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1.14%
Revenue growth 3Y-2.39%
Revenue growth 5Y8.1%
Sales Q2Q%10.93%
Revenue Next Year4.71%
Revenue Next 2Y4.33%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-9.08%
EBIT growth 3Y69.93%
EBIT growth 5Y0.2%
EBIT Next Year57.11%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-62.87%
FCF growth 3YN/A
FCF growth 5Y-7.82%
OCF growth 1Y-40.59%
OCF growth 3YN/A
OCF growth 5Y-1.15%
MILLERKNOLL INC / MLKN FAQ
What is the fundamental rating for MLKN stock?
ChartMill assigns a fundamental rating of 4 / 10 to MLKN.
What is the valuation status for MLKN stock?
ChartMill assigns a valuation rating of 7 / 10 to MILLERKNOLL INC (MLKN). This can be considered as Undervalued.
Can you provide the profitability details for MILLERKNOLL INC?
MILLERKNOLL INC (MLKN) has a profitability rating of 4 / 10.
What are the PE and PB ratios of MILLERKNOLL INC (MLKN) stock?
The Price/Earnings (PE) ratio for MILLERKNOLL INC (MLKN) is 7.19 and the Price/Book (PB) ratio is 0.79.
What is the earnings growth outlook for MILLERKNOLL INC?
The Earnings per Share (EPS) of MILLERKNOLL INC (MLKN) is expected to decline by -4.45% in the next year.