15.83 USD
-0.09 (-0.57%)
15.83 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to MLKN. MLKN was compared to 82 industry peers in the Commercial Services & Supplies industry. There are concerns on the financial health of MLKN while its profitability can be described as average. MLKN scores decently on growth, while it is valued quite cheap. This could make an interesting combination. MLKN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year MLKN was profitable.
In the past year MLKN had a positive cash flow from operations.
In multiple years MLKN reported negative net income over the last 5 years.
Of the past 5 years MLKN 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of -0.39%, MLKN is in line with its industry, outperforming 40.24% of the companies in the same industry.
With a Return On Equity value of -1.19%, MLKN perfoms like the industry average, outperforming 43.90% of the companies in the same industry.
MLKN has a Return On Invested Capital (6.07%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for MLKN is significantly below the industry average of 10.51%.
The 3 year average ROIC (5.11%) for MLKN is below the current ROIC(6.07%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.39% | ||
| ROE | -1.19% | ||
| ROIC | 6.07% |
ROA(3y)0.7%
ROA(5y)1.96%
ROE(3y)2%
ROE(5y)4.84%
ROIC(3y)5.11%
ROIC(5y)5.74%
1.3 Margins
Looking at the Operating Margin, with a value of 6.22%, MLKN is in line with its industry, outperforming 54.88% of the companies in the same industry.
In the last couple of years the Operating Margin of MLKN has declined.
MLKN has a Gross Margin of 38.64%. This is in the better half of the industry: MLKN outperforms 64.63% of its industry peers.
In the last couple of years the Gross Margin of MLKN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.22% | ||
| PM (TTM) | N/A | ||
| GM | 38.64% |
OM growth 3Y74.09%
OM growth 5Y-7.31%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.18%
GM growth 5Y1.14%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MLKN is destroying value.
MLKN has less shares outstanding than it did 1 year ago.
MLKN has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, MLKN has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.77, we must say that MLKN is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.77, MLKN perfoms like the industry average, outperforming 46.34% of the companies in the same industry.
The Debt to FCF ratio of MLKN is 16.41, which is on the high side as it means it would take MLKN, 16.41 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 16.41, MLKN is in line with its industry, outperforming 50.00% of the companies in the same industry.
A Debt/Equity ratio of 1.02 is on the high side and indicates that MLKN has dependencies on debt financing.
MLKN has a worse Debt to Equity ratio (1.02) than 67.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | 16.41 | ||
| Altman-Z | 1.77 |
ROIC/WACC0.77
WACC7.9%
2.3 Liquidity
MLKN has a Current Ratio of 1.67. This is a normal value and indicates that MLKN is financially healthy and should not expect problems in meeting its short term obligations.
MLKN's Current ratio of 1.67 is fine compared to the rest of the industry. MLKN outperforms 62.20% of its industry peers.
MLKN has a Quick Ratio of 1.67. This is a bad value and indicates that MLKN is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.96, MLKN is doing worse than 68.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.67 | ||
| Quick Ratio | 0.96 |
3. Growth
3.1 Past
MLKN shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.45%.
MLKN shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.37% yearly.
Looking at the last year, MLKN shows a small growth in Revenue. The Revenue has grown by 5.37% in the last year.
Measured over the past years, MLKN shows a quite strong growth in Revenue. The Revenue has been growing by 8.10% on average per year.
EPS 1Y (TTM)-1.45%
EPS 3Y1.59%
EPS 5Y-5.37%
EPS Q2Q%25%
Revenue 1Y (TTM)5.37%
Revenue growth 3Y-2.39%
Revenue growth 5Y8.1%
Sales Q2Q%10.93%
3.2 Future
MLKN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.57% yearly.
MLKN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.33% yearly.
EPS Next Y-4.45%
EPS Next 2Y8.57%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.71%
Revenue Next 2Y4.33%
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 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
With a Price/Earnings ratio of 7.76, the valuation of MLKN can be described as very cheap.
Based on the Price/Earnings ratio, MLKN is valued cheaper than 90.24% of the companies in the same industry.
MLKN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.31.
The Price/Forward Earnings ratio is 6.89, which indicates a rather cheap valuation of MLKN.
MLKN's Price/Forward Earnings ratio is rather cheap when compared to the industry. MLKN is cheaper than 91.46% of the companies in the same industry.
MLKN is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.76 | ||
| Fwd PE | 6.89 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MLKN is valued cheaply inside the industry as 89.02% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, MLKN is valued a bit cheaper than the industry average as 79.27% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.24 | ||
| EV/EBITDA | 6.04 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y8.57%
EPS Next 3YN/A
5. Dividend
5.1 Amount
MLKN has a Yearly Dividend Yield of 5.29%, which is a nice return.
The stock price of MLKN dropped by -25.01% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
MLKN's Dividend Yield is rather good when compared to the industry average which is at 2.61. MLKN pays more dividend than 92.68% of the companies in the same industry.
MLKN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.29% |
5.2 History
The dividend of MLKN has a limited annual growth rate of 3.87%.
MLKN has paid a dividend for at least 10 years, which is a reliable track record.
MLKN has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)3.87%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
MLKN has negative earnings and hence a negative payout ratio. The dividend may be in danger.
MLKN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-330.32%
EPS Next 2Y8.57%
EPS Next 3YN/A
15.83
-0.09 (-0.57%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners97.67%
Inst Owner ChangeN/A
Ins Owners1.28%
Ins Owner Change23.82%
Market Cap1.08B
Revenue(TTM)3.76B
Net Income(TTM)-15.50M
Analysts43.33
Price Target35.7 (125.52%)
Short Float %2.9%
Short Ratio2.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.29% |
Yearly Dividend0.75
Dividend Growth(5Y)3.87%
DP-330.32%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)31.6%
Min EPS beat(2)28.5%
Max EPS beat(2)34.71%
EPS beat(4)3
Avg EPS beat(4)15.75%
Min EPS beat(4)-1.96%
Max EPS beat(4)34.71%
EPS beat(8)6
Avg EPS beat(8)10.11%
EPS beat(12)10
Avg EPS beat(12)15.93%
EPS beat(16)13
Avg EPS beat(16)14.64%
Revenue beat(2)2
Avg Revenue beat(2)3.03%
Min Revenue beat(2)2.85%
Max Revenue beat(2)3.2%
Revenue beat(4)2
Avg Revenue beat(4)-0.33%
Min Revenue beat(4)-6.51%
Max Revenue beat(4)3.2%
Revenue beat(8)2
Avg Revenue beat(8)-2.44%
Revenue beat(12)4
Avg Revenue beat(12)-1.91%
Revenue beat(16)4
Avg Revenue beat(16)-2.06%
PT rev (1m)0%
PT rev (3m)-7.89%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.61%
EPS NY rev (1m)0%
EPS NY rev (3m)2.05%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.82%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.76 | ||
| Fwd PE | 6.89 | ||
| P/S | 0.29 | ||
| P/FCF | 13.24 | ||
| P/OCF | 5.49 | ||
| P/B | 0.83 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.04 |
EPS(TTM)2.04
EY12.89%
EPS(NY)2.3
Fwd EY14.52%
FCF(TTM)1.2
FCFY7.55%
OCF(TTM)2.88
OCFY18.22%
SpS54.94
BVpS18.97
TBVpS-7.86
PEG (NY)N/A
PEG (5Y)N/A
Graham Number29.51
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.39% | ||
| ROE | -1.19% | ||
| ROCE | 7.12% | ||
| ROIC | 6.07% | ||
| ROICexc | 6.39% | ||
| ROICexgc | 15.55% | ||
| OM | 6.22% | ||
| PM (TTM) | N/A | ||
| GM | 38.64% | ||
| FCFM | 2.18% |
ROA(3y)0.7%
ROA(5y)1.96%
ROE(3y)2%
ROE(5y)4.84%
ROIC(3y)5.11%
ROIC(5y)5.74%
ROICexc(3y)5.46%
ROICexc(5y)6.8%
ROICexgc(3y)14.1%
ROICexgc(5y)15.3%
ROCE(3y)5.99%
ROCE(5y)6.73%
ROICexgc growth 3Y74.29%
ROICexgc growth 5Y-13.91%
ROICexc growth 3Y76.25%
ROICexc growth 5Y-17.97%
OM growth 3Y74.09%
OM growth 5Y-7.31%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.18%
GM growth 5Y1.14%
F-Score5
Asset Turnover0.96
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | 16.41 | ||
| Debt/EBITDA | 3.54 | ||
| Cap/Depr | 81.88% | ||
| Cap/Sales | 3.07% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 52.64% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.67 | ||
| Quick Ratio | 0.96 | ||
| Altman-Z | 1.77 |
F-Score5
WACC7.9%
ROIC/WACC0.77
Cap/Depr(3y)60.28%
Cap/Depr(5y)59.82%
Cap/Sales(3y)2.38%
Cap/Sales(5y)2.39%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1.45%
EPS 3Y1.59%
EPS 5Y-5.37%
EPS Q2Q%25%
EPS Next Y-4.45%
EPS Next 2Y8.57%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)5.37%
Revenue growth 3Y-2.39%
Revenue growth 5Y8.1%
Sales Q2Q%10.93%
Revenue Next Year4.71%
Revenue Next 2Y4.33%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y26.88%
EBIT growth 3Y69.93%
EBIT growth 5Y0.2%
EBIT Next Year57.11%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-69.97%
FCF growth 3YN/A
FCF growth 5Y-7.82%
OCF growth 1Y-44.9%
OCF growth 3YN/A
OCF growth 5Y-1.15%
MILLERKNOLL INC / MLKN FAQ
What is the fundamental rating for MLKN stock?
ChartMill assigns a fundamental rating of 4 / 10 to MLKN.
What is the valuation status for MLKN stock?
ChartMill assigns a valuation rating of 7 / 10 to MILLERKNOLL INC (MLKN). This can be considered as Undervalued.
Can you provide the profitability details for MILLERKNOLL INC?
MILLERKNOLL INC (MLKN) has a profitability rating of 4 / 10.
What are the PE and PB ratios of MILLERKNOLL INC (MLKN) stock?
The Price/Earnings (PE) ratio for MILLERKNOLL INC (MLKN) is 7.76 and the Price/Book (PB) ratio is 0.83.
What is the earnings growth outlook for MILLERKNOLL INC?
The Earnings per Share (EPS) of MILLERKNOLL INC (MLKN) is expected to decline by -4.45% in the next year.