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Should you consider MUELLER INDUSTRIES INC (NYSE:MLI) for quality investing?

By Mill Chart

Last update: Nov 24, 2023

Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if MUELLER INDUSTRIES INC (NYSE:MLI) is suited for quality investing. Investors should of course do their own research, but we spotted MUELLER INDUSTRIES INC showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.

Highlighting Notable Quality Metrics of NYSE:MLI.

  • The 5-year revenue growth of MUELLER INDUSTRIES INC has been remarkable, with 11.94% increase. This showcases the company's strong performance in driving revenue growth and indicates its competitiveness within the market.
  • MUELLER INDUSTRIES INC exhibits a strong ROIC excluding cash and goodwill, indicating efficient capital utilization and profitable operations. The 56.7% reflects the company's ability to generate returns on invested capital and underscores its commitment to delivering value to shareholders.
  • With a favorable Debt/Free Cash Flow Ratio of 0.0, MUELLER INDUSTRIES INC showcases its sound financial discipline and cash flow management. This ratio indicates the company's ability to service its debt obligations while maintaining sufficient free cash flow for future investments or operational needs.
  • The Profit Quality (5-year) of MUELLER INDUSTRIES INC stands at 120.0%, highlighting its ability to consistently generate reliable profits. This metric underscores the company's strong business fundamentals and reinforces its position as a financially stable entity.
  • The 5-year EBIT growth of MUELLER INDUSTRIES INC has been remarkable, with 40.86% increase. This demonstrates the company's ability to improve its operational efficiency and indicates its competitiveness within the market.
  • MUELLER INDUSTRIES INC has achieved impressive EBIT 5-year growth, surpassing its Revenue 5-year growth. This indicates the company's ability to improve its profitability and operational efficiency, highlighting its strong financial performance.

Zooming in on the fundamentals.

ChartMill employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.

Taking everything into account, MLI scores 7 out of 10 in our fundamental rating. MLI was compared to 132 industry peers in the Machinery industry. MLI has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. MLI has a bad growth rate and is valued cheaply. These ratings could make MLI a good candidate for value investing.

Check the latest full fundamental report of MLI for a complete fundamental analysis.

More quality stocks can be found in our Caviar Cruise screen.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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MUELLER INDUSTRIES INC

NYSE:MLI (4/22/2024, 11:47:50 AM)

53.1

+0.82 (+1.57%)

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