126.27 USD
+0.41 (+0.33%)
126.27 USD
0 (0%)
Overall MIDD gets a fundamental rating of 5 out of 10. We evaluated MIDD against 130 industry peers in the Machinery industry. Both the profitability and the financial health of MIDD get a neutral evaluation. Nothing too spectacular is happening here. MIDD is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year MIDD was profitable.
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's Return On Assets of -3.18% is on the low side compared to the rest of the industry. MIDD is outperformed by 75.38% of its industry peers.
MIDD has a worse Return On Equity (-6.89%) than 73.08% of its industry peers.
With a decent Return On Invested Capital value of 9.38%, MIDD is doing good in the industry, outperforming 68.46% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for MIDD is in line with the industry average of 10.46%.
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
MIDD's Profit Margin has been stable in the last couple of years.
With an excellent Operating Margin value of 17.25%, MIDD belongs to the best of the industry, outperforming 80.77% of the companies in the same industry.
In the last couple of years the Operating Margin of MIDD has remained more or less at the same level.
Looking at the Gross Margin, with a value of 37.82%, MIDD is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
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.
The number of shares outstanding for MIDD remains at a similar level compared to 1 year ago.
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.
MIDD has a Altman-Z score (3.15) which is in line with its industry peers.
The Debt to FCF ratio of MIDD is 3.50, which is a good value as it means it would take MIDD, 3.50 years of fcf income to pay off all of its debts.
MIDD's Debt to FCF ratio of 3.50 is fine compared to the rest of the industry. MIDD outperforms 65.38% 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.
MIDD's Debt to Equity ratio of 0.69 is on the low side compared to the rest of the industry. MIDD is outperformed by 67.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 3.5 | ||
| Altman-Z | 3.15 |
ROIC/WACC1.06
WACC8.84%
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.
With a Current ratio value of 2.07, MIDD perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
A Quick Ratio of 1.10 indicates that MIDD should not have too much problems paying its short term obligations.
MIDD has a Quick ratio (1.10) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.07 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 4.54% over the past year.
The Earnings Per Share has been growing slightly by 6.89% on average over the past years.
MIDD shows a small growth in Revenue. In the last year, the Revenue has grown by 0.27%.
MIDD shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.54% yearly.
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
Based on estimates for the next years, MIDD will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.75% on average per year.
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-2.58%
EPS Next 2Y1.51%
EPS Next 3Y3.97%
EPS Next 5Y8.75%
Revenue Next Year0.38%
Revenue Next 2Y1.81%
Revenue Next 3Y2.36%
Revenue Next 5Y2.97%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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
Based on the Price/Earnings ratio of 13.04, the valuation of MIDD can be described as correct.
Based on the Price/Earnings ratio, MIDD is valued cheaply inside the industry as 90.77% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.49. MIDD is valued rather cheaply when compared to this.
MIDD is valuated correctly with a Price/Forward Earnings ratio of 12.91.
Based on the Price/Forward Earnings ratio, MIDD is valued cheaper than 87.69% of the companies in the same industry.
MIDD's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.69.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.04 | ||
| Fwd PE | 12.91 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MIDD is valued a bit cheaper than 74.62% of the companies in the same industry.
MIDD's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MIDD is cheaper than 89.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.78 | ||
| EV/EBITDA | 10.33 |
4.3 Compensation for Growth
The decent profitability rating of MIDD may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.89
EPS Next 2Y1.51%
EPS Next 3Y3.97%
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 Owners105.71%
Inst Owner Change-1.25%
Ins Owners1.45%
Ins Owner Change0%
Market Cap6.36B
Revenue(TTM)3.88B
Net Income(TTM)-202.37M
Analysts78.75
Price Target156.82 (24.19%)
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)-2.15%
PT rev (3m)-0.38%
EPS NQ rev (1m)-1.17%
EPS NQ rev (3m)-2.6%
EPS NY rev (1m)2.34%
EPS NY rev (3m)2.18%
Revenue NQ rev (1m)-0.19%
Revenue NQ rev (3m)0.19%
Revenue NY rev (1m)0.59%
Revenue NY rev (3m)0.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.04 | ||
| Fwd PE | 12.91 | ||
| P/S | 1.64 | ||
| P/FCF | 10.78 | ||
| P/OCF | 9.36 | ||
| P/B | 2.16 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.33 |
EPS(TTM)9.68
EY7.67%
EPS(NY)9.78
Fwd EY7.74%
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
WACC8.84%
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-2.58%
EPS Next 2Y1.51%
EPS Next 3Y3.97%
EPS Next 5Y8.75%
Revenue 1Y (TTM)0.27%
Revenue growth 3Y6.03%
Revenue growth 5Y5.54%
Sales Q2Q%3.51%
Revenue Next Year0.38%
Revenue Next 2Y1.81%
Revenue Next 3Y2.36%
Revenue Next 5Y2.97%
EBIT growth 1Y-3.36%
EBIT growth 3Y10.34%
EBIT growth 5Y6.38%
EBIT Next Year9.33%
EBIT Next 3Y6.23%
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 -2.58% in the next year.