With a one year PEG ratio of 197.28, Miller Industries Inc is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than 83.94% of US stocks.
Of note is the ratio of Miller Industries Inc's sales and general administrative expense to its total operating expenses; 87.03% of US stocks have a lower such ratio.
In terms of volatility of its share price, MLR is more volatile than just 14.5% of stocks we're observing.
Stocks that are quantitatively similar to MLR, based on their financial statements, market capitalization, and price volatility, are APWC, AFI, UFPI, KEQU, and SCS.
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:
We started the process of determining a valid price forecast for Miller Industries Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Miller Industries Inc ranked in the 92th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 2887%. As for the metrics that stood out in our discounted cash flow analysis of Miller Industries Inc, consider:
In the past 5.75 years, Miller Industries Inc has a compound free cash flow growth rate of 1.03%; that's higher than 95.6% of free cash flow generating stocks in the Consumer Cyclical sector.
The business' balance sheet reveals debt to be 8% of the company's capital (with equity being the remaining amount). Approximately only 19.37% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
MLR's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 44.07% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
EYE, ODP, WINA, MDCA, and BH 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.
With us from the management team today are Bill Miller, Chairman of the Board; Will Miller, President and Co-CEO; Jeff Badgley, Co-CEO; Debbie Whitmire, Executive Vice President and CFO; and Frank Madonia, Executive Vice President, Secretary and General Counsel. Today's call will begin with formal remarks from management, followed by a question-and-answer period.