Miller Enterprises engages in the manufacture and sale of towing and recovery equipment. The company was founded in 1994 and is based in Ooltewah, Tennessee.
MLR Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for MLR, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Miller Industries Inc ranked in the 70th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for MLR, they are:
The company has produced more trailing twelve month cash flow than merely 23.66% of its sector Consumer Cyclical.
The business' balance sheet suggests that 0% of the company's capital is sourced from debt; this is greater than only 3.74% of the free cash flow producing stocks we're observing.
MLR's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than 55.09% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
SLGN, HIBB, MUSA, LKQ, and FL can be thought of as valuation peers to MLR, in the sense that they are in the Consumer Cyclical sector and have a similar price forecast based on DCF valuation.
Franchise Business; 12.4x P/E, 21% CAGR in 5-year EPS Miller (MLR) is the No. 1 world leader of towing and recovery equipment, with the largest distribution network in the industry. With a solid business franchise, Miller has been constantly innovating and trying to re-invent the wheel, introducing the Century M100...
Value Investment Principals on Seeking Alpha | January 11, 2021
Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]