MILLERKNOLL INC (MLKN) Fundamental Analysis & Valuation

NASDAQ:MLKN • US6005441000

Current stock price

15.38 USD
+0.13 (+0.85%)
At close:
15.43 USD
+0.05 (+0.33%)
After Hours:

This MLKN fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. MLKN Profitability Analysis

1.1 Basic Checks

  • MLKN had positive earnings in the past year.
  • 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.
MLKN Yearly Net Income VS EBIT VS OCF VS FCFMLKN Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M 200M 300M

1.2 Ratios

  • MLKN has a Return On Assets (0.27%) which is in line with its industry peers.
  • With a Return On Equity value of 0.81%, MLKN perfoms like the industry average, outperforming 58.02% of the companies in the same industry.
  • MLKN has a better Return On Invested Capital (9.03%) than 76.54% of its industry peers.
  • MLKN had an Average Return On Invested Capital over the past 3 years of 5.11%. This is below the industry average of 9.78%.
  • The last Return On Invested Capital (9.03%) for MLKN is above the 3 year average (5.11%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 0.27%
ROE 0.81%
ROIC 9.03%
ROA(3y)0.7%
ROA(5y)1.96%
ROE(3y)2%
ROE(5y)4.84%
ROIC(3y)5.11%
ROIC(5y)5.74%
MLKN Yearly ROA, ROE, ROICMLKN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10 15 20 25

1.3 Margins

  • MLKN has a Profit Margin (0.28%) which is in line with its industry peers.
  • MLKN has a better Operating Margin (9.11%) than 69.14% of its industry peers.
  • In the last couple of years the Operating Margin of MLKN has declined.
  • MLKN has a Gross Margin of 38.69%. This is comparable to the rest of the industry: MLKN outperforms 59.26% 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 RankSector Rank
OM 9.11%
PM (TTM) 0.28%
GM 38.69%
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%
MLKN Yearly Profit, Operating, Gross MarginsMLKN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20 30

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. MLKN Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MLKN is still creating some value.
  • Compared to 1 year ago, MLKN has less shares outstanding
  • Compared to 5 years ago, MLKN has more shares outstanding
  • The debt/assets ratio for MLKN is higher compared to a year ago.
MLKN Yearly Shares OutstandingMLKN Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M
MLKN Yearly Total Debt VS Total AssetsMLKN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

2.2 Solvency

  • An Altman-Z score of 1.87 indicates that MLKN is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • MLKN has a Altman-Z score of 1.87. This is comparable to the rest of the industry: MLKN outperforms 50.62% of its industry peers.
  • The Debt to FCF ratio of MLKN is 15.65, which is on the high side as it means it would take MLKN, 15.65 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of MLKN (15.65) is comparable to the rest of the industry.
  • A Debt/Equity ratio of 0.96 indicates that MLKN is somewhat dependend on debt financing.
  • The Debt to Equity ratio of MLKN (0.96) is worse than 61.73% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.96
Debt/FCF 15.65
Altman-Z 1.87
ROIC/WACC1.04
WACC8.67%
MLKN Yearly LT Debt VS Equity VS FCFMLKN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B

2.3 Liquidity

  • A Current Ratio of 1.64 indicates that MLKN should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.64, MLKN is in the better half of the industry, outperforming 60.49% of the companies in the same industry.
  • A Quick Ratio of 0.92 indicates that MLKN may have some problems paying its short term obligations.
  • MLKN has a Quick ratio of 0.92. This is in the lower half of the industry: MLKN underperforms 72.84% of its industry peers.
Industry RankSector Rank
Current Ratio 1.64
Quick Ratio 0.92
MLKN Yearly Current Assets VS Current LiabilitesMLKN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. MLKN Growth Analysis

3.1 Past

  • MLKN shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -5.45%.
  • The Earnings Per Share has been decreasing by -5.37% on average over the past years.
  • The Revenue has been growing slightly by 5.62% 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)-5.45%
EPS 3Y1.59%
EPS 5Y-5.37%
EPS Q2Q%-2.27%
Revenue 1Y (TTM)5.62%
Revenue growth 3Y-2.39%
Revenue growth 5Y8.1%
Sales Q2Q%5.75%

3.2 Future

  • MLKN is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.20% yearly.
  • MLKN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.72% yearly.
EPS Next Y-3.49%
EPS Next 2Y4.24%
EPS Next 3Y7.2%
EPS Next 5YN/A
Revenue Next Year5.25%
Revenue Next 2Y4.63%
Revenue Next 3Y4.72%
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.
MLKN Yearly Revenue VS EstimatesMLKN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1B 2B 3B 4B
MLKN Yearly EPS VS EstimatesMLKN Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1 2 3

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Find the best growth stocksShow best growing peers

7

4. MLKN Valuation Analysis

4.1 Price/Earnings Ratio

  • MLKN is valuated reasonably with a Price/Earnings ratio of 8.05.
  • MLKN's Price/Earnings ratio is rather cheap when compared to the industry. MLKN is cheaper than 91.36% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.86, MLKN is valued rather cheaply.
  • A Price/Forward Earnings ratio of 7.26 indicates a rather cheap valuation of MLKN.
  • Based on the Price/Forward Earnings ratio, MLKN is valued cheaper than 92.59% of the companies in the same industry.
  • MLKN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 37.39.
Industry RankSector Rank
PE 8.05
Fwd PE 7.26
MLKN Price Earnings VS Forward Price EarningsMLKN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

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 93.83% of the companies listed in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of MLKN indicates a rather cheap valuation: MLKN is cheaper than 80.25% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 12.65
EV/EBITDA 4.42
MLKN Per share dataMLKN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y4.24%
EPS Next 3Y7.2%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. MLKN Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 4.92%, MLKN is a good candidate for dividend investing.
  • In the last 3 months the price of MLKN has falen by -21.57%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
  • MLKN's Dividend Yield is rather good when compared to the industry average which is at 0.85. MLKN pays more dividend than 96.30% of the companies in the same industry.
  • MLKN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 4.92%

5.2 History

  • The dividend of MLKN has a limited annual growth rate of 3.87%.
  • MLKN has paid a dividend for at least 10 years, which is a reliable track record.
  • MLKN has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)3.87%
Div Incr Years0
Div Non Decr Years5
MLKN Yearly Dividends per shareMLKN Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8

5.3 Sustainability

  • 472.22% of the earnings are spent on dividend by MLKN. This is not a sustainable payout ratio.
  • The dividend of MLKN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP472.22%
EPS Next 2Y4.24%
EPS Next 3Y7.2%
MLKN Yearly Income VS Free CF VS DividendMLKN Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M 200M
MLKN Dividend Payout.MLKN Dividend Payout, showing the Payout Ratio.MLKN Dividend Payout.PayoutRetained Earnings

More info and screens

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MLKN Fundamentals: All Metrics, Ratios and Statistics

MILLERKNOLL INC

NASDAQ:MLKN (4/10/2026, 8:00:01 PM)

After market: 15.43 +0.05 (+0.33%)

15.38

+0.13 (+0.85%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)03-25
Earnings (Next)06-23
Inst Owners93.17%
Inst Owner Change0.02%
Ins Owners1.36%
Ins Owner Change4.69%
Market Cap1.05B
Revenue(TTM)3.80B
Net Income(TTM)10.80M
Analysts82.5
Price Target32.64 (112.22%)
Short Float %3.01%
Short Ratio2.88
Dividend
Industry RankSector Rank
Dividend Yield 4.92%
Yearly Dividend0.75
Dividend Growth(5Y)3.87%
DP472.22%
Div Incr Years0
Div Non Decr Years5
Ex-Date02-27
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.33%
Min EPS beat(2)-6.32%
Max EPS beat(2)3.66%
EPS beat(4)3
Avg EPS beat(4)15.14%
Min EPS beat(4)-6.32%
Max EPS beat(4)34.71%
EPS beat(8)5
Avg EPS beat(8)8.85%
EPS beat(12)9
Avg EPS beat(12)12.93%
EPS beat(16)13
Avg EPS beat(16)15.06%
Revenue beat(2)0
Avg Revenue beat(2)-2.13%
Min Revenue beat(2)-3.56%
Max Revenue beat(2)-0.71%
Revenue beat(4)2
Avg Revenue beat(4)0.45%
Min Revenue beat(4)-3.56%
Max Revenue beat(4)3.2%
Revenue beat(8)2
Avg Revenue beat(8)-1.71%
Revenue beat(12)3
Avg Revenue beat(12)-2.05%
Revenue beat(16)4
Avg Revenue beat(16)-1.97%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-11.89%
EPS NQ rev (3m)-5.7%
EPS NY rev (1m)-4.9%
EPS NY rev (3m)-1.86%
Revenue NQ rev (1m)-1.94%
Revenue NQ rev (3m)-0.77%
Revenue NY rev (1m)-0.89%
Revenue NY rev (3m)-0.59%
Valuation
Industry RankSector Rank
PE 8.05
Fwd PE 7.26
P/S 0.28
P/FCF 12.65
P/OCF 5.1
P/B 0.79
P/tB N/A
EV/EBITDA 4.42
EPS(TTM)1.91
EY12.42%
EPS(NY)2.12
Fwd EY13.78%
FCF(TTM)1.22
FCFY7.9%
OCF(TTM)3.01
OCFY19.59%
SpS55.57
BVpS19.53
TBVpS-7.2
PEG (NY)N/A
PEG (5Y)N/A
Graham Number28.97
Profitability
Industry RankSector Rank
ROA 0.27%
ROE 0.81%
ROCE 10.59%
ROIC 9.03%
ROICexc 9.54%
ROICexgc 23.3%
OM 9.11%
PM (TTM) 0.28%
GM 38.69%
FCFM 2.19%
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-Score6
Asset Turnover0.96
Health
Industry RankSector Rank
Debt/Equity 0.96
Debt/FCF 15.65
Debt/EBITDA 2.6
Cap/Depr 84.18%
Cap/Sales 3.23%
Interest Coverage 250
Cash Conversion 41.84%
Profit Quality 769.44%
Current Ratio 1.64
Quick Ratio 0.92
Altman-Z 1.87
F-Score6
WACC8.67%
ROIC/WACC1.04
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)-5.45%
EPS 3Y1.59%
EPS 5Y-5.37%
EPS Q2Q%-2.27%
EPS Next Y-3.49%
EPS Next 2Y4.24%
EPS Next 3Y7.2%
EPS Next 5YN/A
Revenue 1Y (TTM)5.62%
Revenue growth 3Y-2.39%
Revenue growth 5Y8.1%
Sales Q2Q%5.75%
Revenue Next Year5.25%
Revenue Next 2Y4.63%
Revenue Next 3Y4.72%
Revenue Next 5YN/A
EBIT growth 1Y455.86%
EBIT growth 3Y69.93%
EBIT growth 5Y0.2%
EBIT Next Year59.8%
EBIT Next 3Y21.96%
EBIT Next 5YN/A
FCF growth 1Y-71.07%
FCF growth 3YN/A
FCF growth 5Y-7.82%
OCF growth 1Y-43.78%
OCF growth 3YN/A
OCF growth 5Y-1.15%

MILLERKNOLL INC / MLKN Fundamental Analysis FAQ

What is the fundamental rating for MLKN stock?

ChartMill assigns a fundamental rating of 4 / 10 to MLKN.


Can you provide the valuation status for MILLERKNOLL INC?

ChartMill assigns a valuation rating of 7 / 10 to MILLERKNOLL INC (MLKN). This can be considered as Undervalued.


What is the profitability of MLKN stock?

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 8.05 and the Price/Book (PB) ratio is 0.79.


How sustainable is the dividend of MILLERKNOLL INC (MLKN) stock?

The dividend rating of MILLERKNOLL INC (MLKN) is 7 / 10 and the dividend payout ratio is 472.22%.