MILLERKNOLL INC (MLKN) Stock Fundamental Analysis
NASDAQ:MLKN • US6005441000
21.67 USD
-0.17 (-0.78%)
Last: Feb 13, 2026, 01:54 PM
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 is not valued too expensively and it also shows a decent growth rate.
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
- With a Return On Assets value of -0.64%, MLKN perfoms like the industry average, outperforming 43.75% of the companies in the same industry.
- The Return On Equity of MLKN (-1.95%) is comparable to the rest of the industry.
- MLKN's Return On Invested Capital of 5.77% is fine compared to the rest of the industry. MLKN outperforms 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 10.58%.
- 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
- MLKN's Operating Margin of 5.91% is in line compared to the rest of the industry. MLKN outperforms 55.00% of its industry peers.
- In the last couple of years the Operating Margin of MLKN has declined.
- MLKN has a better Gross Margin (38.67%) than 63.75% of its industry peers.
- MLKN's Gross Margin has been stable in the last couple of years.
| 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
- 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.
- MLKN has a worse debt/assets ratio than last year.
2.2 Solvency
- MLKN has an Altman-Z score of 1.85. This is not the best score and indicates that MLKN is in the grey zone with still only limited risk for bankruptcy at the moment.
- MLKN's Altman-Z score of 1.85 is in line compared to the rest of the industry. MLKN outperforms 50.00% of 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.
- A Debt/Equity ratio of 1.02 is on the high side and indicates that MLKN has dependencies on debt financing.
- With a Debt to Equity ratio value of 1.02, MLKN is not doing good in the industry: 66.25% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | 16.18 | ||
| Altman-Z | 1.85 |
ROIC/WACC0.72
WACC7.98%
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.
- MLKN's Current ratio of 1.67 is fine compared to the rest of the industry. MLKN outperforms 61.25% of its industry peers.
- 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 0.95, MLKN is doing worse than 70.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.67 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
- MLKN shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -5.42%.
- 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.
- 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
- MLKN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.16% 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-0.62%
EPS Next 2Y8.16%
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.
- 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 11.29, which indicates a very decent valuation of MLKN.
- Based on the Price/Earnings ratio, MLKN is valued cheaply inside the industry as 86.25% of the companies are valued more expensively.
- MLKN is valuated cheaply when we compare the Price/Earnings ratio to 27.67, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 9.50, the valuation of MLKN can be described as very reasonable.
- MLKN's Price/Forward Earnings ratio is rather cheap when compared to the industry. MLKN is cheaper than 90.00% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 27.69. MLKN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.29 | ||
| Fwd PE | 9.5 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, MLKN is valued cheaper than 81.25% of the companies 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 73.75% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.91 | ||
| EV/EBITDA | 7.31 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y8.16%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- MLKN has a Yearly Dividend Yield of 3.43%.
- Compared to an average industry Dividend Yield of 0.80, MLKN pays a better dividend. On top of this MLKN pays more dividend than 91.25% of the companies listed in the same industry.
- MLKN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.43% |
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
- 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-201.18%
EPS Next 2Y8.16%
EPS Next 3YN/A
NASDAQ:MLKN (2/13/2026, 1:54:34 PM)
21.67
-0.17 (-0.78%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)12-17 2025-12-17/amc
Earnings (Next)03-24 2026-03-24
Inst Owners93.89%
Inst Owner ChangeN/A
Ins Owners1.28%
Ins Owner Change4.31%
Market Cap1.48B
Revenue(TTM)3.75B
Net Income(TTM)-25.40M
Analysts43.33
Price Target32.64 (50.62%)
Short Float %2.63%
Short Ratio2.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.43% |
Yearly Dividend0.75
Dividend Growth(5Y)3.87%
DP-201.18%
Div Incr Years0
Div Non Decr Years4
Ex-Date02-27 2026-02-27 (0.1875)
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)0%
PT rev (3m)-8.57%
EPS NQ rev (1m)2.29%
EPS NQ rev (3m)9.84%
EPS NY rev (1m)1.06%
EPS NY rev (3m)4.01%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.86%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.29 | ||
| Fwd PE | 9.5 | ||
| P/S | 0.4 | ||
| P/FCF | 17.91 | ||
| P/OCF | 7.18 | ||
| P/B | 1.14 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.31 |
EPS(TTM)1.92
EY8.86%
EPS(NY)2.28
Fwd EY10.53%
FCF(TTM)1.21
FCFY5.58%
OCF(TTM)3.02
OCFY13.94%
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 | 1.85 |
F-Score5
WACC7.98%
ROIC/WACC0.72
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-0.62%
EPS Next 2Y8.16%
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 11.29 and the Price/Book (PB) ratio is 1.14.
Can you provide the expected EPS growth for MLKN stock?
The Earnings per Share (EPS) of MILLERKNOLL INC (MLKN) is expected to decline by -0.62% in the next year.