126.27 USD
+0.41 (+0.33%)
126.27 USD
0 (0%)
MIDD gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 130 industry peers in the Machinery industry. MIDD has an average financial health and profitability rating. MIDD has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
MIDD had positive earnings in the past year.
In the past year MIDD had a positive cash flow from operations.
MIDD had positive earnings in each of the past 5 years.
MIDD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MIDD has a Return On Assets of -3.18%. This is in the lower half of the industry: MIDD underperforms 75.38% of its industry peers.
With a Return On Equity value of -6.89%, MIDD is not doing good in the industry: 73.08% of the companies in the same industry are doing better.
MIDD's Return On Invested Capital of 9.38% is fine compared to the rest of the industry. MIDD outperforms 68.46% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MIDD is in line with the industry average of 10.39%.
The 3 year average ROIC (8.58%) for MIDD is below the current ROIC(9.38%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.18% | ||
| ROE | -6.89% | ||
| ROIC | 9.38% |
ROA(3y)6.01%
ROA(5y)5.93%
ROE(3y)13.24%
ROE(5y)13.96%
ROIC(3y)8.58%
ROIC(5y)7.78%
1.3 Margins
In the last couple of years the Profit Margin of MIDD has remained more or less at the same level.
MIDD has a better Operating Margin (17.25%) than 80.77% of its industry peers.
MIDD's Operating Margin has been stable in the last couple of years.
MIDD has a better Gross Margin (37.82%) than 70.00% of its industry peers.
MIDD's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.25% | ||
| PM (TTM) | N/A | ||
| GM | 37.82% |
OM growth 3Y4.07%
OM growth 5Y0.8%
PM growth 3Y-9.72%
PM growth 5Y-1.46%
GM growth 3Y1.06%
GM growth 5Y0.35%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MIDD is creating some value.
Compared to 1 year ago, MIDD has about the same amount of shares outstanding.
The number of shares outstanding for MIDD has been reduced compared to 5 years ago.
The debt/assets ratio for MIDD has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.15 indicates that MIDD is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.15, MIDD is in line with its industry, outperforming 53.08% of the companies in the same industry.
MIDD has a debt to FCF ratio of 3.50. This is a good value and a sign of high solvency as MIDD would need 3.50 years to pay back of all of its debts.
MIDD's Debt to FCF ratio of 3.50 is fine compared to the rest of the industry. MIDD outperforms 66.92% of its industry peers.
MIDD has a Debt/Equity ratio of 0.69. This is a neutral value indicating MIDD is somewhat dependend on debt financing.
The Debt to Equity ratio of MIDD (0.69) is worse than 66.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 3.5 | ||
| Altman-Z | 3.15 |
ROIC/WACC1.06
WACC8.81%
2.3 Liquidity
MIDD has a Current Ratio of 2.07. This indicates that MIDD is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.07, MIDD is in line with its industry, outperforming 49.23% of the companies in the same industry.
MIDD has a Quick Ratio of 1.10. This is a normal value and indicates that MIDD is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.10, MIDD is doing worse than 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.07 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
MIDD shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.54%.
Measured over the past 5 years, MIDD shows a small growth in Earnings Per Share. The EPS has been growing by 6.89% on average per year.
Looking at the last year, MIDD shows a small growth in Revenue. The Revenue has grown by 0.27% in the last year.
The Revenue has been growing slightly by 5.54% on average over the past years.
EPS 1Y (TTM)4.54%
EPS 3Y6.17%
EPS 5Y6.89%
EPS Q2Q%1.72%
Revenue 1Y (TTM)0.27%
Revenue growth 3Y6.03%
Revenue growth 5Y5.54%
Sales Q2Q%3.51%
3.2 Future
The Earnings Per Share is expected to grow by 8.75% on average over the next years. This is quite good.
MIDD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.97% yearly.
EPS Next Y-4.81%
EPS Next 2Y1.29%
EPS Next 3Y4.09%
EPS Next 5Y8.75%
Revenue Next Year-0.2%
Revenue Next 2Y1.93%
Revenue Next 3Y2.52%
Revenue Next 5Y2.97%
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 accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 13.04, which indicates a correct valuation of MIDD.
90.00% of the companies in the same industry are more expensive than MIDD, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of MIDD to the average of the S&P500 Index (26.41), we can say MIDD is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 12.97, the valuation of MIDD can be described as correct.
MIDD's Price/Forward Earnings ratio is rather cheap when compared to the industry. MIDD is cheaper than 83.85% of the companies in the same industry.
MIDD is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.40, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.04 | ||
| Fwd PE | 12.97 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MIDD is valued a bit cheaper than the industry average as 75.38% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, MIDD is valued cheaply inside the industry as 90.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.78 | ||
| EV/EBITDA | 10.31 |
4.3 Compensation for Growth
MIDD has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.89
EPS Next 2Y1.29%
EPS Next 3Y4.09%
5. Dividend
5.1 Amount
No dividends for MIDD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
126.27
+0.41 (+0.33%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners112.13%
Inst Owner Change-1.25%
Ins Owners1.44%
Ins Owner Change0%
Market Cap6.36B
Revenue(TTM)3.88B
Net Income(TTM)-202.37M
Analysts77.5
Price Target156.32 (23.8%)
Short Float %5.28%
Short Ratio3.91
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.74%
Min EPS beat(2)3.25%
Max EPS beat(2)12.24%
EPS beat(4)4
Avg EPS beat(4)7.94%
Min EPS beat(4)3.25%
Max EPS beat(4)12.24%
EPS beat(8)6
Avg EPS beat(8)2.78%
EPS beat(12)9
Avg EPS beat(12)3.28%
EPS beat(16)11
Avg EPS beat(16)2.2%
Revenue beat(2)1
Avg Revenue beat(2)-0.73%
Min Revenue beat(2)-1.66%
Max Revenue beat(2)0.19%
Revenue beat(4)1
Avg Revenue beat(4)-1.87%
Min Revenue beat(4)-5.59%
Max Revenue beat(4)0.19%
Revenue beat(8)1
Avg Revenue beat(8)-3.32%
Revenue beat(12)2
Avg Revenue beat(12)-2.68%
Revenue beat(16)4
Avg Revenue beat(16)-2.09%
PT rev (1m)-2.47%
PT rev (3m)-0.7%
EPS NQ rev (1m)-2.3%
EPS NQ rev (3m)-3.44%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.15%
Revenue NQ rev (1m)0.19%
Revenue NQ rev (3m)0.19%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.04 | ||
| Fwd PE | 12.97 | ||
| P/S | 1.64 | ||
| P/FCF | 10.78 | ||
| P/OCF | 9.36 | ||
| P/B | 2.16 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.31 |
EPS(TTM)9.68
EY7.67%
EPS(NY)9.74
Fwd EY7.71%
FCF(TTM)11.71
FCFY9.28%
OCF(TTM)13.48
OCFY10.68%
SpS77.04
BVpS58.32
TBVpS-11.08
PEG (NY)N/A
PEG (5Y)1.89
Graham Number112.71
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.18% | ||
| ROE | -6.89% | ||
| ROCE | 12.39% | ||
| ROIC | 9.38% | ||
| ROICexc | 9.69% | ||
| ROICexgc | 29.25% | ||
| OM | 17.25% | ||
| PM (TTM) | N/A | ||
| GM | 37.82% | ||
| FCFM | 15.21% |
ROA(3y)6.01%
ROA(5y)5.93%
ROE(3y)13.24%
ROE(5y)13.96%
ROIC(3y)8.58%
ROIC(5y)7.78%
ROICexc(3y)9.12%
ROICexc(5y)8.23%
ROICexgc(3y)32.98%
ROICexgc(5y)32.85%
ROCE(3y)11.34%
ROCE(5y)10.28%
ROICexgc growth 3Y-1.32%
ROICexgc growth 5Y-3.17%
ROICexc growth 3Y7.22%
ROICexc growth 5Y0.39%
OM growth 3Y4.07%
OM growth 5Y0.8%
PM growth 3Y-9.72%
PM growth 5Y-1.46%
GM growth 3Y1.06%
GM growth 5Y0.35%
F-Score5
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 3.5 | ||
| Debt/EBITDA | 2.54 | ||
| Cap/Depr | 68.86% | ||
| Cap/Sales | 2.3% | ||
| Interest Coverage | 7.16 | ||
| Cash Conversion | 85.04% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.07 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | 3.15 |
F-Score5
WACC8.81%
ROIC/WACC1.06
Cap/Depr(3y)51.59%
Cap/Depr(5y)46.78%
Cap/Sales(3y)1.72%
Cap/Sales(5y)1.68%
Profit Quality(3y)114.73%
Profit Quality(5y)130.65%
High Growth Momentum
Growth
EPS 1Y (TTM)4.54%
EPS 3Y6.17%
EPS 5Y6.89%
EPS Q2Q%1.72%
EPS Next Y-4.81%
EPS Next 2Y1.29%
EPS Next 3Y4.09%
EPS Next 5Y8.75%
Revenue 1Y (TTM)0.27%
Revenue growth 3Y6.03%
Revenue growth 5Y5.54%
Sales Q2Q%3.51%
Revenue Next Year-0.2%
Revenue Next 2Y1.93%
Revenue Next 3Y2.52%
Revenue Next 5Y2.97%
EBIT growth 1Y-3.36%
EBIT growth 3Y10.34%
EBIT growth 5Y6.38%
EBIT Next Year8.82%
EBIT Next 3Y7.24%
EBIT Next 5YN/A
FCF growth 1Y33.22%
FCF growth 3Y19.69%
FCF growth 5Y14.02%
OCF growth 1Y27.6%
OCF growth 3Y17.5%
OCF growth 5Y12.72%
MIDDLEBY CORP / MIDD FAQ
What is the fundamental rating for MIDD stock?
ChartMill assigns a fundamental rating of 5 / 10 to MIDD.
What is the valuation status for MIDD stock?
ChartMill assigns a valuation rating of 6 / 10 to MIDDLEBY CORP (MIDD). This can be considered as Fairly Valued.
How profitable is MIDDLEBY CORP (MIDD) stock?
MIDDLEBY CORP (MIDD) has a profitability rating of 6 / 10.
How financially healthy is MIDDLEBY CORP?
The financial health rating of MIDDLEBY CORP (MIDD) is 6 / 10.
What is the earnings growth outlook for MIDDLEBY CORP?
The Earnings per Share (EPS) of MIDDLEBY CORP (MIDD) is expected to decline by -4.81% in the next year.