MILLER INDUSTRIES INC/TENN (MLR) Stock Fundamental Analysis
USA - NYSE:MLR - US6005512040 - Common Stock
38.52 USD
-0.85 (-2.16%)
Overall MLR gets a fundamental rating of 6 out of 10. We evaluated MLR against 130 industry peers in the Machinery industry. MLR has an excellent financial health rating, but there are some minor concerns on its profitability. MLR has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
MLR had positive earnings in the past year.
In the past year MLR had a positive cash flow from operations.
MLR had positive earnings in each of the past 5 years.
Of the past 5 years MLR 4 years had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 6.82%, MLR is doing good in the industry, outperforming 68.46% of the companies in the same industry.
MLR has a Return On Equity (10.15%) which is comparable to the rest of the industry.
The Return On Invested Capital of MLR (9.19%) is better than 65.38% of its industry peers.
MLR had an Average Return On Invested Capital over the past 3 years of 12.05%. This is in line with the industry average of 10.24%.
| 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
MLR has a Profit Margin of 4.35%. This is comparable to the rest of the industry: MLR outperforms 45.38% of its industry peers.
In the last couple of years the Profit Margin of MLR has remained more or less at the same level.
MLR has a Operating Margin of 5.67%. This is in the lower half of the industry: MLR underperforms 62.31% of its industry peers.
MLR's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 14.76%, MLR is doing worse than 81.54% of the companies in the same industry.
In the last couple of years the Gross Margin of MLR has grown nicely.
| 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.
Compared to 5 years ago, MLR has more shares outstanding
Compared to 1 year ago, MLR has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.44 indicates that MLR is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 4.44, MLR is doing good in the industry, outperforming 70.00% 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.
With an excellent Debt to FCF ratio value of 1.61, MLR belongs to the best of the industry, outperforming 83.08% of the companies in the same industry.
A Debt/Equity ratio of 0.13 indicates that MLR is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.13, MLR is doing good in the industry, outperforming 76.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1.61 | ||
| Altman-Z | 4.44 |
ROIC/WACC0.88
WACC10.42%
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.
MLR's Current ratio of 3.32 is amongst the best of the industry. MLR outperforms 82.31% of its industry peers.
MLR has a Quick Ratio of 2.19. This indicates that MLR is financially healthy and has no problem in meeting its short term obligations.
MLR has a Quick ratio of 2.19. This is in the better half of the industry: MLR outperforms 78.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.32 | ||
| Quick Ratio | 2.19 |
3. Growth
3.1 Past
MLR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -56.88%.
MLR shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.79% yearly.
The Revenue has grown by 9.03% in the past year. This is quite good.
The Revenue has been growing by 8.98% on average over the past years. This is quite good.
EPS 1Y (TTM)-56.88%
EPS 3Y56.79%
EPS 5Y9.79%
EPS Q2Q%-79.7%
Revenue 1Y (TTM)9.03%
Revenue growth 3Y20.57%
Revenue growth 5Y8.98%
Sales Q2Q%-43.15%
3.2 Future
Based on estimates for the next years, MLR will show a small growth in Earnings Per Share. The EPS will grow by 1.00% on average per year.
MLR is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -7.41% yearly.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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 correctly with a Price/Earnings ratio of 14.82.
Based on the Price/Earnings ratio, MLR is valued cheaply inside the industry as 81.54% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of MLR to the average of the S&P500 Index (26.28), we can say MLR is valued slightly cheaper.
MLR is valuated reasonably with a Price/Forward Earnings ratio of 10.31.
93.08% of the companies in the same industry are more expensive than MLR, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of MLR to the average of the S&P500 Index (33.61), we can say MLR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.82 | ||
| Fwd PE | 10.31 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MLR is valued cheaply inside the industry as 93.08% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, MLR is valued cheaper than 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.92 | ||
| EV/EBITDA | 6.79 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.51
EPS Next 2Y-17.5%
EPS Next 3Y1%
5. Dividend
5.1 Amount
MLR has a Yearly Dividend Yield of 2.03%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.85, MLR pays a better dividend. On top of this MLR pays more dividend than 83.85% of the companies listed in the same industry.
MLR's Dividend Yield is comparable with the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.03% |
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 their dividend for at least 10 years, which is a reliable track record.
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.
MLR's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP21.02%
EPS Next 2Y-17.5%
EPS Next 3Y1%
NYSE:MLR (11/10/2025, 8:11:23 PM)
38.52
-0.85 (-2.16%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners99.09%
Inst Owner Change-2.33%
Ins Owners3.74%
Ins Owner Change3.81%
Market Cap441.44M
Revenue(TTM)1.26B
Net Income(TTM)42.48M
Analysts80
Price Target58.14 (50.93%)
Short Float %5.26%
Short Ratio5.5
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.03% |
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 | 14.82 | ||
| Fwd PE | 10.31 | ||
| P/S | 0.45 | ||
| P/FCF | 12.92 | ||
| P/OCF | 9.1 | ||
| P/B | 1.05 | ||
| P/tB | 1.11 | ||
| EV/EBITDA | 6.79 |
EPS(TTM)2.6
EY6.75%
EPS(NY)3.74
Fwd EY9.7%
FCF(TTM)2.98
FCFY7.74%
OCF(TTM)4.23
OCFY10.99%
SpS85.15
BVpS36.53
TBVpS34.78
PEG (NY)N/A
PEG (5Y)1.51
Graham Number46.23
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 | 4.44 |
F-Score7
WACC10.42%
ROIC/WACC0.88
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)-56.88%
EPS 3Y56.79%
EPS 5Y9.79%
EPS Q2Q%-79.7%
EPS Next Y-68.54%
EPS Next 2Y-17.5%
EPS Next 3Y1%
EPS Next 5YN/A
Revenue 1Y (TTM)9.03%
Revenue growth 3Y20.57%
Revenue growth 5Y8.98%
Sales Q2Q%-43.15%
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 6 / 10 to MILLER INDUSTRIES INC/TENN (MLR). This can be considered as Fairly Valued.
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 14.82 and the Price/Book (PB) ratio is 1.05.
How financially healthy is MILLER INDUSTRIES INC/TENN?
The financial health rating of MILLER INDUSTRIES INC/TENN (MLR) is 8 / 10.