MILLER INDUSTRIES INC/TENN (MLR) Stock Fundamental Analysis
USA - NYSE:MLR - US6005512040 - Common Stock
40.07 USD
-0.79 (-1.93%)
40.07 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to MLR. MLR was compared to 130 industry peers in the Machinery industry. MLR is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. MLR has a bad growth rate and is valued cheaply. With these ratings, MLR could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
In the past year MLR was profitable.
MLR had a positive operating cash flow in the past year.
In the past 5 years MLR has always been profitable.
MLR had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
MLR has a better Return On Assets (6.82%) than 69.23% of its industry peers.
MLR has a Return On Equity (10.15%) which is comparable to the rest of the industry.
MLR has a Return On Invested Capital of 9.19%. This is in the better half of the industry: MLR outperforms 64.62% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MLR is above the industry average of 10.00%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.82% | ||
| ROE | 10.15% | ||
| ROIC | 9.19% |
ROA(3y)7.52%
ROA(5y)6.76%
ROE(3y)13.17%
ROE(5y)11.16%
ROIC(3y)12.05%
ROIC(5y)10.64%
1.3 Margins
With a Profit Margin value of 4.35%, MLR perfoms like the industry average, outperforming 45.38% of the companies in the same industry.
In the last couple of years the Profit Margin of MLR has remained more or less at the same level.
With a Operating Margin value of 5.67%, MLR is not doing good in the industry: 60.77% of the companies in the same industry are doing better.
MLR's Operating Margin has been stable in the last couple of years.
MLR has a worse Gross Margin (14.76%) than 81.54% of its industry peers.
MLR's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.67% | ||
| PM (TTM) | 4.35% | ||
| GM | 14.76% |
OM growth 3Y26.88%
OM growth 5Y0.66%
PM growth 3Y30.5%
PM growth 5Y1.11%
GM growth 3Y11.72%
GM growth 5Y2.86%
2. Health
2.1 Basic Checks
MLR has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for MLR remains at a similar level compared to 1 year ago.
MLR has more shares outstanding than it did 5 years ago.
MLR has a worse debt/assets ratio than last year.
2.2 Solvency
MLR has an Altman-Z score of 4.49. This indicates that MLR is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 4.49, MLR is doing good in the industry, outperforming 69.23% of the companies in the same industry.
MLR has a debt to FCF ratio of 1.61. This is a very positive value and a sign of high solvency as it would only need 1.61 years to pay back of all of its debts.
MLR has a Debt to FCF ratio of 1.61. This is amongst the best in the industry. MLR outperforms 82.31% of its industry peers.
MLR has a Debt/Equity ratio of 0.13. This is a healthy value indicating a solid balance between debt and equity.
MLR has a better Debt to Equity ratio (0.13) than 76.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1.61 | ||
| Altman-Z | 4.49 |
ROIC/WACC0.89
WACC10.34%
2.3 Liquidity
MLR has a Current Ratio of 3.32. This indicates that MLR is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 3.32, MLR belongs to the top of the industry, outperforming 82.31% of the companies in the same industry.
A Quick Ratio of 2.19 indicates that MLR has no problem at all paying its short term obligations.
MLR's Quick ratio of 2.19 is fine compared to the rest of the industry. MLR outperforms 79.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.32 | ||
| Quick Ratio | 2.19 |
3. Growth
3.1 Past
The earnings per share for MLR have decreased strongly by -41.16% in the last year.
MLR shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.79% yearly.
MLR shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -24.48%.
The Revenue has been growing by 8.98% on average over the past years. This is quite good.
EPS 1Y (TTM)-41.16%
EPS 3Y56.79%
EPS 5Y9.79%
EPS Q2Q%-58.99%
Revenue 1Y (TTM)-24.48%
Revenue growth 3Y20.57%
Revenue growth 5Y8.98%
Sales Q2Q%-42.38%
3.2 Future
MLR is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.00% yearly.
Based on estimates for the next years, MLR will show a decrease in Revenue. The Revenue will decrease by -7.41% on average per year.
EPS Next Y-68.54%
EPS Next 2Y-17.5%
EPS Next 3Y1%
EPS Next 5YN/A
Revenue Next Year-40.89%
Revenue Next 2Y-13.41%
Revenue Next 3Y-7.41%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
MLR is valuated reasonably with a Price/Earnings ratio of 10.95.
Based on the Price/Earnings ratio, MLR is valued cheaply inside the industry as 92.31% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of MLR to the average of the S&P500 Index (27.08), we can say MLR is valued rather cheaply.
The Price/Forward Earnings ratio is 10.72, which indicates a very decent valuation of MLR.
Based on the Price/Forward Earnings ratio, MLR is valued cheaply inside the industry as 93.08% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.09, MLR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.95 | ||
| Fwd PE | 10.72 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MLR is valued cheaper than 93.85% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, MLR is valued cheaper than 85.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.44 | ||
| EV/EBITDA | 7.04 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.12
EPS Next 2Y-17.5%
EPS Next 3Y1%
5. Dividend
5.1 Amount
MLR has a Yearly Dividend Yield of 1.96%.
MLR's Dividend Yield is rather good when compared to the industry average which is at 1.78. MLR pays more dividend than 84.62% of the companies in the same industry.
MLR's Dividend Yield is comparable with the S&P500 average which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.96% |
5.2 History
The dividend of MLR has a limited annual growth rate of 1.14%.
MLR has paid a dividend for at least 10 years, which is a reliable track record.
MLR has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)1.14%
Div Incr Years1
Div Non Decr Years14
5.3 Sustainability
21.02% of the earnings are spent on dividend by MLR. This is a low number and sustainable payout ratio.
The dividend of MLR is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP21.02%
EPS Next 2Y-17.5%
EPS Next 3Y1%
40.07
-0.79 (-1.93%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners99.09%
Inst Owner Change-1.74%
Ins Owners3.74%
Ins Owner Change3.81%
Market Cap459.20M
Revenue(TTM)975.86M
Net Income(TTM)42.48M
Analysts80
Price Target58.14 (45.1%)
Short Float %5.26%
Short Ratio5.5
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.96% |
Yearly Dividend0.76
Dividend Growth(5Y)1.14%
DP21.02%
Div Incr Years1
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.48%
Min EPS beat(2)9.31%
Max EPS beat(2)15.64%
EPS beat(4)2
Avg EPS beat(4)0%
Min EPS beat(4)-23.97%
Max EPS beat(4)15.64%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-5.1%
Min Revenue beat(2)-9.8%
Max Revenue beat(2)-0.41%
Revenue beat(4)1
Avg Revenue beat(4)-7.5%
Min Revenue beat(4)-24.32%
Max Revenue beat(4)4.54%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-14.93%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-76.22%
EPS NY rev (1m)0%
EPS NY rev (3m)-42.33%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-34.3%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-22.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.95 | ||
| Fwd PE | 10.72 | ||
| P/S | 0.47 | ||
| P/FCF | 13.44 | ||
| P/OCF | 9.46 | ||
| P/B | 1.1 | ||
| P/tB | 1.15 | ||
| EV/EBITDA | 7.04 |
EPS(TTM)3.66
EY9.13%
EPS(NY)3.74
Fwd EY9.33%
FCF(TTM)2.98
FCFY7.44%
OCF(TTM)4.23
OCFY10.57%
SpS85.15
BVpS36.53
TBVpS34.78
PEG (NY)N/A
PEG (5Y)1.12
Graham Number54.84
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.82% | ||
| ROE | 10.15% | ||
| ROCE | 11.61% | ||
| ROIC | 9.19% | ||
| ROICexc | 9.85% | ||
| ROICexgc | 10.31% | ||
| OM | 5.67% | ||
| PM (TTM) | 4.35% | ||
| GM | 14.76% | ||
| FCFM | 3.5% |
ROA(3y)7.52%
ROA(5y)6.76%
ROE(3y)13.17%
ROE(5y)11.16%
ROIC(3y)12.05%
ROIC(5y)10.64%
ROICexc(3y)13%
ROICexc(5y)12.03%
ROICexgc(3y)13.63%
ROICexgc(5y)12.64%
ROCE(3y)15.23%
ROCE(5y)13.44%
ROICexgc growth 3Y23.72%
ROICexgc growth 5Y-2.98%
ROICexc growth 3Y23.89%
ROICexc growth 5Y-2.91%
OM growth 3Y26.88%
OM growth 5Y0.66%
PM growth 3Y30.5%
PM growth 5Y1.11%
GM growth 3Y11.72%
GM growth 5Y2.86%
F-Score7
Asset Turnover1.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1.61 | ||
| Debt/EBITDA | 0.79 | ||
| Cap/Depr | 99.21% | ||
| Cap/Sales | 1.47% | ||
| Interest Coverage | 5.97 | ||
| Cash Conversion | 69.51% | ||
| Profit Quality | 80.44% | ||
| Current Ratio | 3.32 | ||
| Quick Ratio | 2.19 | ||
| Altman-Z | 4.49 |
F-Score7
WACC10.34%
ROIC/WACC0.89
Cap/Depr(3y)148.85%
Cap/Depr(5y)142.34%
Cap/Sales(3y)1.89%
Cap/Sales(5y)1.93%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-41.16%
EPS 3Y56.79%
EPS 5Y9.79%
EPS Q2Q%-58.99%
EPS Next Y-68.54%
EPS Next 2Y-17.5%
EPS Next 3Y1%
EPS Next 5YN/A
Revenue 1Y (TTM)-24.48%
Revenue growth 3Y20.57%
Revenue growth 5Y8.98%
Sales Q2Q%-42.38%
Revenue Next Year-40.89%
Revenue Next 2Y-13.41%
Revenue Next 3Y-7.41%
Revenue Next 5YN/A
EBIT growth 1Y-42.87%
EBIT growth 3Y52.97%
EBIT growth 5Y9.69%
EBIT Next Year-53.78%
EBIT Next 3Y2.98%
EBIT Next 5YN/A
FCF growth 1Y482.13%
FCF growth 3Y-37.17%
FCF growth 5Y-38.84%
OCF growth 1Y161.21%
OCF growth 3Y3.38%
OCF growth 5Y-13.64%
MILLER INDUSTRIES INC/TENN / MLR FAQ
Can you provide the ChartMill fundamental rating for MILLER INDUSTRIES INC/TENN?
ChartMill assigns a fundamental rating of 6 / 10 to MLR.
What is the valuation status of MILLER INDUSTRIES INC/TENN (MLR) stock?
ChartMill assigns a valuation rating of 7 / 10 to MILLER INDUSTRIES INC/TENN (MLR). This can be considered as Undervalued.
Can you provide the profitability details for MILLER INDUSTRIES INC/TENN?
MILLER INDUSTRIES INC/TENN (MLR) has a profitability rating of 5 / 10.
What is the valuation of MILLER INDUSTRIES INC/TENN based on its PE and PB ratios?
The Price/Earnings (PE) ratio for MILLER INDUSTRIES INC/TENN (MLR) is 10.95 and the Price/Book (PB) ratio is 1.1.
How financially healthy is MILLER INDUSTRIES INC/TENN?
The financial health rating of MILLER INDUSTRIES INC/TENN (MLR) is 8 / 10.