MUELLER INDUSTRIES INC (MLI)
US6247561029 - Common Stock
MLI gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 132 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 correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year MLI was profitable.
In the past year MLI had a positive cash flow from operations.
MLI had positive earnings in each of the past 5 years.
Each year in the past 5 years MLI had a positive operating cash flow.
1.2 Ratios
MLI has a better Return On Assets (19.63%) than 98.45% of its industry peers.
MLI has a Return On Equity of 23.43%. This is amongst the best in the industry. MLI outperforms 86.05% of its industry peers.
With an excellent Return On Invested Capital value of 20.25%, MLI belongs to the best of the industry, outperforming 93.02% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for MLI is significantly above the industry average of 10.72%.
The 3 year average ROIC (29.89%) for MLI is well above the current ROIC(20.25%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.63% | ||
| ROE | 23.43% | ||
| ROIC | 20.25% |
ROA(3y)26.1%
ROA(5y)18.96%
ROE(3y)33.63%
ROE(5y)26.91%
ROIC(3y)29.89%
ROIC(5y)23.22%
1.3 Margins
With an excellent Profit Margin value of 17.22%, MLI belongs to the best of the industry, outperforming 91.47% of the companies in the same industry.
In the last couple of years the Profit Margin of MLI has grown nicely.
MLI's Operating Margin of 20.96% is amongst the best of the industry. MLI outperforms 91.47% of its industry peers.
MLI's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 28.35%, MLI perfoms like the industry average, outperforming 48.84% of the companies in the same industry.
MLI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.96% | ||
| PM (TTM) | 17.22% | ||
| GM | 28.35% |
OM growth 3Y31.53%
OM growth 5Y26.31%
PM growth 3Y44.7%
PM growth 5Y33.44%
GM growth 3Y17.01%
GM growth 5Y15.42%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so MLI is creating value.
MLI has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, MLI has more shares outstanding
Compared to 1 year ago, MLI has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 12.24 indicates that MLI is not in any danger for bankruptcy at the moment.
MLI's Altman-Z score of 12.24 is amongst the best of the industry. MLI outperforms 94.57% of its industry peers.
The Debt to FCF ratio of MLI is 0.00, which is an excellent value as it means it would take MLI, only 0.00 years of fcf income to pay off all of its debts.
MLI has a Debt to FCF ratio of 0.00. This is amongst the best in the industry. MLI outperforms 94.57% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that MLI is not too dependend on debt financing.
MLI has a Debt to Equity ratio of 0.00. This is amongst the best in the industry. MLI outperforms 85.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 12.24 |
ROIC/WACC2.2
WACC9.22%
2.3 Liquidity
MLI has a Current Ratio of 6.05. This indicates that MLI is financially healthy and has no problem in meeting its short term obligations.
MLI has a better Current ratio (6.05) than 93.02% of its industry peers.
A Quick Ratio of 5.06 indicates that MLI has no problem at all paying its short term obligations.
MLI has a Quick ratio of 5.06. This is amongst the best in the industry. MLI outperforms 93.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.05 | ||
| Quick Ratio | 5.06 |
3. Growth
3.1 Past
The earnings per share for MLI have decreased strongly by -16.44% in the last year.
The Earnings Per Share has been growing by 42.27% on average over the past years. This is a very strong growth
The Revenue for MLI has decreased by -16.35% in the past year. This is quite bad
Measured over the past years, MLI shows a small growth in Revenue. The Revenue has been growing by 6.40% on average per year.
EPS 1Y (TTM)-16.44%
EPS 3Y62.33%
EPS 5Y42.27%
EPS growth Q2Q-21.29%
Revenue 1Y (TTM)-16.35%
Revenue growth 3Y12.57%
Revenue growth 5Y6.4%
Revenue growth Q2Q-12.52%
3.2 Future
MLI is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -10.14% yearly.
MLI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.13% yearly.
EPS Next Y-21.43%
EPS Next 2Y-10.14%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-3.04%
Revenue Next 2Y1.13%
Revenue Next 3YN/A
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
The Price/Earnings ratio is 12.27, which indicates a correct valuation of MLI.
82.95% of the companies in the same industry are more expensive than MLI, based on the Price/Earnings ratio.
MLI is valuated cheaply when we compare the Price/Earnings ratio to 28.28, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 15.20, MLI is valued correctly.
72.09% of the companies in the same industry are more expensive than MLI, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 20.88. MLI is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.27 | ||
| Fwd PE | 15.2 |
4.2 Price Multiples
MLI's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. MLI is cheaper than 88.37% of the companies in the same industry.
MLI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MLI is cheaper than 94.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.6 | ||
| EV/EBITDA | 6.98 |
4.3 Compensation for Growth
The excellent profitability rating of MLI may justify a higher PE ratio.
MLI's earnings are expected to decrease with -10.14% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.29
EPS Next 2Y-10.14%
EPS Next 3YN/A
5. Dividend
5.1 Amount
MLI has a Yearly Dividend Yield of 1.41%. Purely for dividend investing, there may be better candidates out there.
MLI's Dividend Yield is a higher than the industry average which is at 1.73.
With a Dividend Yield of 1.41, MLI pays less dividend than the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.41% |
5.2 History
On average, the dividend of MLI grows each year by 24.21%, which is quite nice.
MLI has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)24.21%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
MLI pays out 12.75% of its income as dividend. This is a sustainable payout ratio.
DP12.75%
EPS Next 2Y-10.14%
EPS Next 3YN/A
MUELLER INDUSTRIES INC
NYSE:MLI (5/3/2024, 7:06:13 PM)
After market: 56.81 0 (0%)56.81
-0.07 (-0.12%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap6.45B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.41% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.27 | ||
| Fwd PE | 15.2 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.29
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.63% | ||
| ROE | 23.43% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 20.96% | ||
| PM (TTM) | 17.22% | ||
| GM | 28.35% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 6.05 | ||
| Quick Ratio | 5.06 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-16.44%
EPS 3Y62.33%
EPS 5Y
EPS growth Q2Q
EPS Next Y-21.43%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-16.35%
Revenue growth 3Y12.57%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y