19.15 USD
-0.31 (-1.59%)
19.15 USD
0 (0%)
MLKN gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 80 industry peers in the Commercial Services & Supplies industry. There are concerns on the financial health of MLKN while its profitability can be described as average. MLKN has a correct valuation and a medium growth rate.
1. Profitability
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.
MLKN had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -0.64%, MLKN is in line with its industry, outperforming 43.75% of the companies in the same industry.
MLKN has a Return On Equity of -1.95%. This is comparable to the rest of the industry: MLKN outperforms 45.00% of its industry peers.
The Return On Invested Capital of MLKN (5.77%) is better than 61.25% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MLKN is significantly below the industry average of 10.54%.
The last Return On Invested Capital (5.77%) for MLKN is above the 3 year average (5.11%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.64% | ||
| ROE | -1.95% | ||
| ROIC | 5.77% |
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
With a Operating Margin value of 5.91%, MLKN perfoms like the industry average, outperforming 55.00% of the companies in the same industry.
MLKN's Operating Margin has declined in the last couple of years.
MLKN has a better Gross Margin (38.67%) than 65.00% 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 | 5.91% | ||
| PM (TTM) | N/A | ||
| GM | 38.67% |
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
MLKN has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
MLKN has less shares outstanding than it did 1 year ago.
The number of shares outstanding for MLKN has been increased compared to 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.
The Debt to FCF ratio of MLKN is 16.18, which is on the high side as it means it would take MLKN, 16.18 years of fcf income to pay off all of its debts.
MLKN has a Debt to FCF ratio (16.18) which is in line with its industry peers.
MLKN has a Debt/Equity ratio of 1.02. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.02, MLKN is not doing good in the industry: 65.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | 16.18 | ||
| Altman-Z | 1.82 |
ROIC/WACC0.73
WACC7.91%
2.3 Liquidity
A Current Ratio of 1.67 indicates that MLKN should not have too much problems paying its short term obligations.
With a Current ratio value of 1.67, MLKN perfoms like the industry average, outperforming 60.00% 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.
With a Quick ratio value of 0.95, MLKN is not doing good in the industry: 70.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.67 | ||
| Quick Ratio | 0.95 |
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 4.34% 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)4.34%
Revenue growth 3Y-2.39%
Revenue growth 5Y8.1%
Sales Q2Q%-1.57%
3.2 Future
The Earnings Per Share is expected to grow by 9.76% on average over the next years. This is quite good.
Based on estimates for the next years, MLKN will show a small growth in Revenue. The Revenue will grow by 5.16% on average per year.
EPS Next Y-1.66%
EPS Next 2Y9.76%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.87%
Revenue Next 2Y5.16%
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
With a Price/Earnings ratio of 9.97, the valuation of MLKN can be described as very reasonable.
Based on the Price/Earnings ratio, MLKN is valued cheaper than 88.75% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.30, MLKN is valued rather cheaply.
A Price/Forward Earnings ratio of 8.15 indicates a reasonable valuation of MLKN.
Based on the Price/Forward Earnings ratio, MLKN is valued cheaply inside the industry as 91.25% of the companies are valued more expensively.
MLKN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.04.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.97 | ||
| Fwd PE | 8.15 |
4.2 Price Multiples
85.00% of the companies in the same industry are more expensive than MLKN, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MLKN indicates a somewhat cheap valuation: MLKN is cheaper than 78.75% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.83 | ||
| EV/EBITDA | 6.86 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y9.76%
EPS Next 3YN/A
5. Dividend
5.1 Amount
MLKN has a Yearly Dividend Yield of 3.89%. Purely for dividend investing, there may be better candidates out there.
MLKN's Dividend Yield is rather good when compared to the industry average which is at 0.88. MLKN pays more dividend than 91.25% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.92, MLKN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.89% |
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 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-201.18%
EPS Next 2Y9.76%
EPS Next 3YN/A
19.15
-0.31 (-1.59%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners93.89%
Inst Owner ChangeN/A
Ins Owners1.28%
Ins Owner Change23.82%
Market Cap1.31B
Revenue(TTM)3.75B
Net Income(TTM)-25.40M
Analysts43.33
Price Target32.64 (70.44%)
Short Float %2.61%
Short Ratio1.95
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.89% |
Yearly Dividend0.75
Dividend Growth(5Y)3.87%
DP-201.18%
Div Incr Years0
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)16.08%
Min EPS beat(2)3.66%
Max EPS beat(2)28.5%
EPS beat(4)3
Avg EPS beat(4)16.23%
Min EPS beat(4)-1.96%
Max EPS beat(4)34.71%
EPS beat(8)6
Avg EPS beat(8)9.74%
EPS beat(12)10
Avg EPS beat(12)15.58%
EPS beat(16)14
Avg EPS beat(16)15.66%
Revenue beat(2)1
Avg Revenue beat(2)1.07%
Min Revenue beat(2)-0.71%
Max Revenue beat(2)2.85%
Revenue beat(4)2
Avg Revenue beat(4)-0.29%
Min Revenue beat(4)-6.51%
Max Revenue beat(4)3.2%
Revenue beat(8)2
Avg Revenue beat(8)-2.01%
Revenue beat(12)3
Avg Revenue beat(12)-2.02%
Revenue beat(16)4
Avg Revenue beat(16)-1.88%
PT rev (1m)-8.57%
PT rev (3m)-8.57%
EPS NQ rev (1m)7.38%
EPS NQ rev (3m)5.65%
EPS NY rev (1m)2.92%
EPS NY rev (3m)5.03%
Revenue NQ rev (1m)2.86%
Revenue NQ rev (3m)3.38%
Revenue NY rev (1m)1.11%
Revenue NY rev (3m)1.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.97 | ||
| Fwd PE | 8.15 | ||
| P/S | 0.35 | ||
| P/FCF | 15.83 | ||
| P/OCF | 6.34 | ||
| P/B | 1.01 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.86 |
EPS(TTM)1.92
EY10.03%
EPS(NY)2.35
Fwd EY12.27%
FCF(TTM)1.21
FCFY6.32%
OCF(TTM)3.02
OCFY15.77%
SpS54.72
BVpS18.97
TBVpS-7.63
PEG (NY)N/A
PEG (5Y)N/A
Graham Number28.63
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.64% | ||
| ROE | -1.95% | ||
| ROCE | 6.76% | ||
| ROIC | 5.77% | ||
| ROICexc | 6.1% | ||
| ROICexgc | 14.85% | ||
| OM | 5.91% | ||
| PM (TTM) | N/A | ||
| GM | 38.67% | ||
| FCFM | 2.21% |
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 Turnover0.95
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | 16.18 | ||
| Debt/EBITDA | 3.63 | ||
| Cap/Depr | 87.2% | ||
| Cap/Sales | 3.31% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 56.89% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.67 | ||
| Quick Ratio | 0.95 | ||
| Altman-Z | 1.82 |
F-Score5
WACC7.91%
ROIC/WACC0.73
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-1.66%
EPS Next 2Y9.76%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)4.34%
Revenue growth 3Y-2.39%
Revenue growth 5Y8.1%
Sales Q2Q%-1.57%
Revenue Next Year5.87%
Revenue Next 2Y5.16%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y19.86%
EBIT growth 3Y69.93%
EBIT growth 5Y0.2%
EBIT Next Year60.24%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-72.25%
FCF growth 3YN/A
FCF growth 5Y-7.82%
OCF growth 1Y-45.78%
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.
Can you provide the valuation status for MILLERKNOLL INC?
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.
Can you provide the PE and PB ratios for MLKN stock?
The Price/Earnings (PE) ratio for MILLERKNOLL INC (MLKN) is 9.97 and the Price/Book (PB) ratio is 1.01.
Can you provide the expected EPS growth for MLKN stock?
The Earnings per Share (EPS) of MILLERKNOLL INC (MLKN) is expected to decline by -1.66% in the next year.