16.66 USD
+0.1 (+0.6%)
16.66 USD
0 (0%)
MLKN gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 82 industry peers in the Commercial Services & Supplies industry. While MLKN is still in line with the averages on profitability rating, there are concerns on its financial health. MLKN is valued quite cheap, while showing a decent growth score. This is a good combination! Finally MLKN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
MLKN had positive earnings in the past year.
In the past year MLKN had a positive cash flow from operations.
In multiple years MLKN reported negative net income over the last 5 years.
MLKN had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of MLKN (-0.39%) is comparable to the rest of the industry.
The Return On Equity of MLKN (-1.19%) is comparable to the rest of the industry.
With a decent Return On Invested Capital value of 6.07%, MLKN is doing good in the industry, outperforming 60.98% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for MLKN is significantly below the industry average of 10.13%.
The 3 year average ROIC (5.11%) for MLKN is below the current ROIC(6.07%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.39% | ||
| ROE | -1.19% | ||
| ROIC | 6.07% |
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
MLKN's Operating Margin of 6.22% is in line compared to the rest of the industry. MLKN outperforms 56.10% of its industry peers.
In the last couple of years the Operating Margin of MLKN has declined.
MLKN's Gross Margin of 38.64% is fine compared to the rest of the industry. MLKN outperforms 64.63% of its industry peers.
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 | 6.22% | ||
| PM (TTM) | N/A | ||
| GM | 38.64% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MLKN is destroying value.
MLKN has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, MLKN has more shares outstanding
MLKN has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.78, we must say that MLKN is in the distress zone and has some risk of bankruptcy.
MLKN has a Altman-Z score (1.78) which is comparable to the rest of the industry.
MLKN has a debt to FCF ratio of 16.41. This is a negative value and a sign of low solvency as MLKN would need 16.41 years to pay back of all of its debts.
MLKN has a Debt to FCF ratio (16.41) which is comparable to the rest of the industry.
A Debt/Equity ratio of 1.02 is on the high side and indicates that MLKN has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.02, MLKN is doing worse than 67.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | 16.41 | ||
| Altman-Z | 1.78 |
ROIC/WACC0.75
WACC8.08%
2.3 Liquidity
A Current Ratio of 1.67 indicates that MLKN should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.67, MLKN is in the better half of the industry, outperforming 60.98% of the companies in the same industry.
MLKN has a Quick Ratio of 1.67. This is a bad value and indicates that MLKN is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.96, MLKN is doing worse than 68.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.67 | ||
| Quick Ratio | 0.96 |
3. Growth
3.1 Past
The earnings per share for MLKN have decreased by -1.45% in the last year.
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.
The Revenue has been growing slightly by 5.37% in the past year.
MLKN shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.10% yearly.
EPS 1Y (TTM)-1.45%
EPS 3Y1.59%
EPS 5Y-5.37%
EPS Q2Q%25%
Revenue 1Y (TTM)5.37%
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.
MLKN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.33% yearly.
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
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.
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
With a Price/Earnings ratio of 8.17, the valuation of MLKN can be described as very reasonable.
90.24% of the companies in the same industry are more expensive than MLKN, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.56, MLKN is valued rather cheaply.
A Price/Forward Earnings ratio of 7.25 indicates a rather cheap valuation of MLKN.
Based on the Price/Forward Earnings ratio, MLKN is valued cheaply inside the industry as 92.68% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of MLKN to the average of the S&P500 Index (23.79), we can say MLKN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.17 | ||
| Fwd PE | 7.25 |
4.2 Price Multiples
90.24% 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 81.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.94 | ||
| EV/EBITDA | 6.17 |
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 4.53%, MLKN is a good candidate for dividend investing.
MLKN's Dividend Yield is rather good when compared to the industry average which is at 0.93. MLKN pays more dividend than 92.68% of the companies in the same industry.
MLKN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.53% |
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-330.32%
EPS Next 2Y8.57%
EPS Next 3YN/A
16.66
+0.1 (+0.6%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners94.69%
Inst Owner ChangeN/A
Ins Owners1.28%
Ins Owner Change23.82%
Market Cap1.14B
Revenue(TTM)3.76B
Net Income(TTM)-15.50M
Analysts43.33
Price Target35.7 (114.29%)
Short Float %2.54%
Short Ratio2.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.53% |
Yearly Dividend0.75
Dividend Growth(5Y)3.87%
DP-330.32%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)31.6%
Min EPS beat(2)28.5%
Max EPS beat(2)34.71%
EPS beat(4)3
Avg EPS beat(4)15.75%
Min EPS beat(4)-1.96%
Max EPS beat(4)34.71%
EPS beat(8)6
Avg EPS beat(8)10.11%
EPS beat(12)10
Avg EPS beat(12)15.93%
EPS beat(16)13
Avg EPS beat(16)14.64%
Revenue beat(2)2
Avg Revenue beat(2)3.03%
Min Revenue beat(2)2.85%
Max Revenue beat(2)3.2%
Revenue beat(4)2
Avg Revenue beat(4)-0.33%
Min Revenue beat(4)-6.51%
Max Revenue beat(4)3.2%
Revenue beat(8)2
Avg Revenue beat(8)-2.44%
Revenue beat(12)4
Avg Revenue beat(12)-1.91%
Revenue beat(16)4
Avg Revenue beat(16)-2.06%
PT rev (1m)0%
PT rev (3m)-7.89%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.61%
EPS NY rev (1m)0%
EPS NY rev (3m)2.05%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.82%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.17 | ||
| Fwd PE | 7.25 | ||
| P/S | 0.3 | ||
| P/FCF | 13.94 | ||
| P/OCF | 5.78 | ||
| P/B | 0.88 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.17 |
EPS(TTM)2.04
EY12.24%
EPS(NY)2.3
Fwd EY13.8%
FCF(TTM)1.2
FCFY7.18%
OCF(TTM)2.88
OCFY17.31%
SpS54.94
BVpS18.97
TBVpS-7.86
PEG (NY)N/A
PEG (5Y)N/A
Graham Number29.51
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.39% | ||
| ROE | -1.19% | ||
| ROCE | 7.12% | ||
| ROIC | 6.07% | ||
| ROICexc | 6.39% | ||
| ROICexgc | 15.55% | ||
| OM | 6.22% | ||
| PM (TTM) | N/A | ||
| GM | 38.64% | ||
| FCFM | 2.18% |
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 Turnover0.96
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | 16.41 | ||
| Debt/EBITDA | 3.54 | ||
| Cap/Depr | 81.88% | ||
| Cap/Sales | 3.07% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 52.64% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.67 | ||
| Quick Ratio | 0.96 | ||
| Altman-Z | 1.78 |
F-Score5
WACC8.08%
ROIC/WACC0.75
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)5.37%
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 1Y26.88%
EBIT growth 3Y69.93%
EBIT growth 5Y0.2%
EBIT Next Year58.16%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-69.97%
FCF growth 3YN/A
FCF growth 5Y-7.82%
OCF growth 1Y-44.9%
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 8.17 and the Price/Book (PB) ratio is 0.88.
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.