19.28 USD
+0.6 (+3.21%)
19.2 USD
-0.08 (-0.41%)
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. MLKN has a medium profitability rating, but doesn't score so well on its financial health evaluation. MLKN has a decent growth rate and is not valued too expensively. Finally 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.
MLKN had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
MLKN has a Return On Assets of -0.39%. This is comparable to the rest of the industry: MLKN outperforms 43.75% of its industry peers.
Looking at the Return On Equity, with a value of -1.19%, MLKN is in line with its industry, outperforming 46.25% of the companies in the same industry.
MLKN has a Return On Invested Capital of 6.07%. This is in the better half of the industry: MLKN outperforms 62.50% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MLKN is significantly below the industry average of 10.60%.
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
With a Operating Margin value of 6.22%, MLKN perfoms like the industry average, outperforming 56.25% of the companies in the same industry.
MLKN's Operating Margin has declined in the last couple of years.
The Gross Margin of MLKN (38.64%) is better than 66.25% 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.
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's Altman-Z score of 1.82 is in line compared to the rest of the industry. MLKN outperforms 47.50% of 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.
MLKN has a worse Debt to Equity ratio (1.02) than 66.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | 16.41 | ||
| Altman-Z | 1.82 |
ROIC/WACC0.76
WACC7.94%
2.3 Liquidity
A Current Ratio of 1.67 indicates that MLKN should not have too much problems paying its short term obligations.
The Current ratio of MLKN (1.67) is better than 61.25% of its industry peers.
A Quick Ratio of 0.96 indicates that MLKN may have some problems paying its short term obligations.
MLKN's Quick ratio of 0.96 is on the low side compared to the rest of the industry. MLKN is outperformed by 67.50% 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.
The Earnings Per Share has been decreasing by -5.37% on average over the past years.
The Revenue has been growing slightly by 4.34% in the past year.
The Revenue has been growing by 8.10% on average over the past years. This is quite good.
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
MLKN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.76% yearly.
MLKN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.16% yearly.
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
Based on the Price/Earnings ratio of 10.04, the valuation of MLKN can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of MLKN indicates a rather cheap valuation: MLKN is cheaper than 88.75% of the companies listed in the same industry.
MLKN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.00.
A Price/Forward Earnings ratio of 8.21 indicates a reasonable valuation of MLKN.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MLKN indicates a rather cheap valuation: MLKN is cheaper than 91.25% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.70. MLKN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.04 | ||
| Fwd PE | 8.21 |
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 87.50% 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 somewhat cheap valuation: MLKN is cheaper than 80.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.13 | ||
| EV/EBITDA | 6.65 |
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
With a Yearly Dividend Yield of 4.10%, MLKN is a good candidate for dividend investing.
MLKN's Dividend Yield is rather good when compared to the industry average which is at 0.90. MLKN pays more dividend than 91.25% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.94, MLKN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.1% |
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.
The dividend of MLKN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-330.32%
EPS Next 2Y9.76%
EPS Next 3YN/A
19.28
+0.6 (+3.21%)
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 Cap1.32B
Revenue(TTM)3.75B
Net Income(TTM)-15.50M
Analysts43.33
Price Target32.64 (69.29%)
Short Float %2.61%
Short Ratio1.95
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.1% |
Yearly Dividend0.75
Dividend Growth(5Y)3.87%
DP-330.32%
Div Incr Years0
Div Non Decr Years4
Ex-DateN/A
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)-8.57%
PT rev (3m)-8.57%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.61%
EPS NY rev (1m)2.92%
EPS NY rev (3m)5.03%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.82%
Revenue NY rev (1m)1.11%
Revenue NY rev (3m)1.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.04 | ||
| Fwd PE | 8.21 | ||
| P/S | 0.35 | ||
| P/FCF | 16.13 | ||
| P/OCF | 6.68 | ||
| P/B | 1.02 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.65 |
EPS(TTM)1.92
EY9.96%
EPS(NY)2.35
Fwd EY12.19%
FCF(TTM)1.2
FCFY6.2%
OCF(TTM)2.88
OCFY14.96%
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
WACC7.94%
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-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 1Y26.88%
EBIT growth 3Y69.93%
EBIT growth 5Y0.2%
EBIT Next Year60.24%
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.
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 10.04 and the Price/Book (PB) ratio is 1.02.
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.