18.17 USD
-0.75 (-3.96%)
18.17 USD
0 (0%)
Taking everything into account, MLKN scores 4 out of 10 in our fundamental rating. MLKN was compared to 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. MLKN has a correct valuation and a medium growth rate. 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.
The reported net income has been mixed in the past 5 years: MLKN reported negative net income in multiple years.
Of the past 5 years MLKN 4 years had a positive operating cash flow.
1.2 Ratios
MLKN has a Return On Assets of -0.39%. This is comparable to the rest of the industry: MLKN outperforms 41.46% of its industry peers.
The Return On Equity of MLKN (-1.19%) is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 6.07%, MLKN is in the better half of the industry, outperforming 60.98% 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 10.13%.
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 has a Operating Margin (6.22%) which is in line with its industry peers.
In the last couple of years the Operating Margin of MLKN has declined.
The Gross Margin of MLKN (38.64%) is better than 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MLKN is destroying value.
The number of shares outstanding for MLKN has been reduced compared to 1 year ago.
MLKN has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, MLKN has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 1.82 indicates that MLKN is not a great score, but indicates only limited risk for bankruptcy at the moment.
MLKN has a Altman-Z score (1.82) which is in line with its industry peers.
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.
The Debt to FCF ratio of MLKN (16.41) is comparable to the rest of the industry.
MLKN has a Debt/Equity ratio of 1.02. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of MLKN (1.02) is worse than 67.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | 16.41 | ||
| Altman-Z | 1.82 |
ROIC/WACC0.76
WACC8.03%
2.3 Liquidity
MLKN has a Current Ratio of 1.67. This is a normal value and indicates that MLKN is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.67, MLKN is doing good in the industry, outperforming 60.98% of the companies in the same industry.
A Quick Ratio of 0.96 indicates that MLKN may have some problems paying its short term obligations.
The Quick ratio of MLKN (0.96) is worse than 68.29% of its industry peers.
| 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 -5.42% in the last year.
MLKN shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.37% yearly.
The Revenue has been growing slightly by 1.14% in the past year.
Measured over the past years, MLKN shows a quite strong growth in Revenue. The Revenue has been growing by 8.10% on average per year.
EPS 1Y (TTM)-5.42%
EPS 3Y1.59%
EPS 5Y-5.37%
EPS Q2Q%-21.82%
Revenue 1Y (TTM)1.14%
Revenue growth 3Y-2.39%
Revenue growth 5Y8.1%
Sales Q2Q%-1.57%
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.
Based on estimates for the next years, MLKN will show a small growth in Revenue. The Revenue will grow by 4.33% on average per year.
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.
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 9.46, which indicates a very decent valuation of MLKN.
Based on the Price/Earnings ratio, MLKN is valued cheaper than 87.80% of the companies in the same industry.
MLKN is valuated cheaply when we compare the Price/Earnings ratio to 26.38, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 7.91, the valuation of MLKN can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MLKN indicates a rather cheap valuation: MLKN is cheaper than 91.46% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.83. MLKN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.46 | ||
| Fwd PE | 7.91 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MLKN indicates a rather cheap valuation: MLKN is cheaper than 86.59% of the companies listed in the same industry.
79.27% of the companies in the same industry are more expensive than MLKN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.2 | ||
| EV/EBITDA | 6.59 |
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
MLKN has a Yearly Dividend Yield of 4.28%, which is a nice return.
Compared to an average industry Dividend Yield of 0.93, MLKN pays a better dividend. On top of this MLKN pays more dividend than 91.46% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, MLKN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.28% |
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
MLKN has negative earnings and hence a negative payout ratio. The dividend may be in danger.
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
18.17
-0.75 (-3.96%)
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 Cap1.24B
Revenue(TTM)3.67B
Net Income(TTM)-15.50M
Analysts43.33
Price Target35.7 (96.48%)
Short Float %2.66%
Short Ratio2.23
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.28% |
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 | 9.46 | ||
| Fwd PE | 7.91 | ||
| P/S | 0.33 | ||
| P/FCF | 15.2 | ||
| P/OCF | 6.3 | ||
| P/B | 0.96 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.59 |
EPS(TTM)1.92
EY10.57%
EPS(NY)2.3
Fwd EY12.65%
FCF(TTM)1.2
FCFY6.58%
OCF(TTM)2.88
OCFY15.87%
SpS54.94
BVpS18.97
TBVpS-7.86
PEG (NY)N/A
PEG (5Y)N/A
Graham Number28.63
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 | 1.82 |
F-Score5
WACC8.03%
ROIC/WACC0.76
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)-5.42%
EPS 3Y1.59%
EPS 5Y-5.37%
EPS Q2Q%-21.82%
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%-1.57%
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 6 / 10 to MILLERKNOLL INC (MLKN). This can be considered as Fairly Valued.
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 9.46 and the Price/Book (PB) ratio is 0.96.
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.