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Why the quality investor may take a look at NYSE:MLI.

By Mill Chart

Last update: Mar 22, 2024

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.

Exploring Why NYSE:MLI Holds Appeal for Quality Investors.

  • MUELLER INDUSTRIES INC has demonstrated significant revenue growth over the past 5 years, with a 6.4% increase. This underscores the company's ability to adapt to market dynamics and capitalize on growth opportunities.
  • MUELLER INDUSTRIES INC demonstrates impressive performance in terms of ROIC excluding cash and goodwill, with a 46.72% ratio. This highlights the company's efficient utilization of capital and its focus on maximizing returns for investors.
  • 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.
  • With a favorable Profit Quality (5-year) ratio of 116.0%, MUELLER INDUSTRIES INC showcases its ability to consistently deliver high-quality profits. This metric signifies the company's financial strength and its capacity to generate sustainable earnings over an extended period.
  • MUELLER INDUSTRIES INC has demonstrated consistent growth in EBIT over the past 5 years, with a strong 34.39%. This signifies the company's ability to generate sustainable earnings and reflects its positive financial trajectory.
  • MUELLER INDUSTRIES INC demonstrates a remarkable trend where its EBIT 5-year growth exceeds its Revenue 5-year growth. This indicates the company's ability to enhance its profitability through improved cost control and operational efficiency.

Zooming in on the fundamentals.

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

Taking everything into account, MLI scores 7 out of 10 in our fundamental rating. MLI was compared to 133 industry peers in the Machinery industry. MLI scores excellent points on both the profitability and health parts. This is a solid base for a good stock. MLI is valued quite cheap, but it does not seem to be growing. These ratings could make MLI a good candidate for value investing.

For an up to date full fundamental analysis you can check the fundamental report of MLI

Our Caviar Cruise screen will find you more ideas suited for quality investing.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

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MUELLER INDUSTRIES INC

NYSE:MLI (4/19/2024, 7:04:00 PM)

After market: 52.23 -0.05 (-0.1%)

52.28

-0.04 (-0.08%)

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