MLR - Miller Industries Inc-TN Stock Price, Fair Value and News

59.85USD-0.01 (-0.02%)Delayed

Market Summary

USD59.85-0.01

Delayed

-0.02%

MLR Alerts

Big jump in Earnings (Y/Y)

MLR Stock Price

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MLR RSI Chart

MLR Valuation

Market Cap

686.5M

Price/Earnings (Trailing)

10.39

Price/Sales (Trailing)

0.56

EV/EBITDA

6.94

Price/Free Cashflow

58.75

MLR Price/Sales (Trailing)

MLR Profitability

EBT Margin

6.84%

Return on Equity

18.24%

Return on Assets

9.49%

Free Cashflow Yield

1.7%

MLR Fundamentals

MLR Revenue

Revenue (TTM)

1.2B

Rev. Growth (Yr)

23.95%

Rev. Growth (Qtr)

18.1%

MLR Earnings

Earnings (TTM)

66.1M

Earnings Growth (Yr)

84.63%

Earnings Growth (Qtr)

1.96%

Breaking Down MLR Revenue

Last 7 days

3.6%

Last 30 days

21.5%

Last 90 days

38.5%

Trailing 12 Months

69.8%

How does MLR drawdown profile look like?

MLR Financial Health

Current Ratio

2.03

Debt/Equity

0.15

Debt/Cashflow

0.49

MLR Investor Care

Dividend Yield

1.22%

Dividend/Share (TTM)

0.73

Shares Dilution (1Y)

0.25%

Diluted EPS (TTM)

5.73

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	1.2B	0	0	0
2023	915.2M	1.0B	1.1B	1.2B
2022	763.1M	783.5M	824.3M	848.5M
2021	645.1M	697.8M	694.1M	717.5M
2020	797.0M	703.2M	676.1M	651.3M
2019	749.8M	795.2M	795.0M	818.2M
2018	625.3M	649.1M	691.5M	711.7M
2017	601.2M	598.2M	604.0M	615.1M
2016	563.0M	567.6M	589.0M	601.1M
2015	515.4M	544.5M	552.3M	541.0M
2014	423.4M	440.0M	453.3M	492.8M
2013	332.7M	351.1M	378.3M	404.2M
2012	398.7M	388.5M	369.7M	342.7M
2011	343.5M	359.8M	382.9M	412.7M
2010	0	260.7M	283.8M	306.9M
2009	0	0	0	237.6M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Miller Industries Inc-TN

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 01, 2024	tiano vincent j.	sold (taxes)	-21,734	45.28	-480	chief revenue officer
Mar 01, 2024	badgley jeffrey i	sold (taxes)	-65,203	45.28	-1,440	president, int'l and military
Mar 01, 2024	badgley jeffrey i	acquired	-	-	6,000	president, int'l and military
Mar 01, 2024	madonia frank	sold (taxes)	-21,734	45.28	-480	executive vp, secretary & gc
Mar 01, 2024	madonia frank	acquired	-	-	2,000	executive vp, secretary & gc
Mar 01, 2024	linden jamison	acquired	-	-	2,000	chief manufacturing officer
Mar 01, 2024	miller william g. ii	acquired	-	-	12,000	ceo and president
Mar 01, 2024	reyneke josias w.	sold (taxes)	-21,734	45.28	-480	chief information officer
Mar 01, 2024	reyneke josias w.	acquired	-	-	2,000	chief information officer
Mar 01, 2024	whitmire deborah l	acquired	-	-	6,000	chief financial officer

Which funds bought or sold MLR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-38.91	-21,379	56,012	-%
May 16, 2024	JANE STREET GROUP, LLC	sold off	-100	-232,299	-	-%
May 16, 2024	COMERICA BANK	reduced	-1.67	1,666	11,773	-%
May 15, 2024	Cubist Systematic Strategies, LLC	added	57.7	186,707	401,752	-%
May 15, 2024	Point72 (DIFC) Ltd	new	-	20,291	20,291	-%
May 15, 2024	SYSTEMATIC FINANCIAL MANAGEMENT LP	added	1.96	3,450,340	20,044,700	0.56%
May 15, 2024	Royal Bank of Canada	reduced	-12.44	48,000	1,363,000	-%
May 15, 2024	ASHFORD CAPITAL MANAGEMENT INC	unchanged	-	71,227	456,912	0.06%
May 15, 2024	MORGAN STANLEY	reduced	-1.15	753,764	5,161,540	-%
May 15, 2024	KENNEDY CAPITAL MANAGEMENT LLC	added	2.38	322,755	1,839,020	0.04%

Are Funds Buying or Selling MLR?

Are funds buying MLR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MLR

No. of Funds

MLR Alerts

Big jump in Earnings (Y/Y)

Unveiling Miller Industries Inc-TN's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	hotchkis & wiley capital management llc	3.31%	378,393	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	7.8%	894,744	SC 13G/A
Feb 09, 2024	thrivent financial for lutherans	9.26%	1,059,855	SC 13G/A
Jan 26, 2024	blackrock inc.	7.0%	801,161	SC 13G/A
Feb 14, 2023	hotchkis & wiley capital management llc	5.14%	587,363	SC 13G
Feb 10, 2023	dimensional fund advisors lp	7.8%	895,081	SC 13G/A
Feb 09, 2023	vanguard group inc	4.67%	533,222	SC 13G/A
Feb 08, 2023	thrivent financial for lutherans	7.60%	867,470	SC 13G/A
Feb 01, 2023	blackrock inc.	6.6%	757,745	SC 13G/A
Jan 27, 2023	royce & associates lp	4.53%	516,722	SC 13G/A

Recent SEC filings of Miller Industries Inc-TN

View All Filings

Date Filed	Form Type	Document
May 13, 2024	DEFA14A	DEFA14A
May 08, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
Apr 26, 2024	ARS	ARS
Apr 26, 2024	DEF 14A	DEF 14A
Apr 02, 2024	8-K	Current Report
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading

Peers (Alternatives to Miller Industries Inc-TN)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TSLA	566.3B	94.7B	14.23%	0.38%	41.6	5.98	10.12%	15.85%
GM	52.9B	174.9B	7.77%	39.09%	4.95	0.3	8.79%	13.26%
F	48.9B	177.5B	1.99%	5.50%	12.43	0.28	7.54%	33.01%
APTV	22.3B	20.1B	18.40%	-13.41%	7.46	1.11	11.06%	348.88%
KMX	11.5B	26.5B	6.25%	-0.44%	23.91	0.43	-10.61%	-1.15%
MID-CAP
BWA	8.4B	14.4B	16.35%	-17.59%	13.76	0.59	5.28%	-36.11%
ALSN	6.6B	3.1B	-5.82%	52.54%	9.78	2.13	8.82%	17.48%
ABG	4.9B	15.4B	13.81%	15.50%	8.56	0.32	2.10%	-39.62%
GT	3.7B	19.7B	8.02%	-9.26%	-5.7	0.19	-5.64%	-9328.57%
ADNT	2.6B	15.2B	3.59%	-19.11%	16.55	0.17	3.04%	1216.67%
SMALL-CAP
BLBD	1.7B	1.3B	55.08%	113.22%	21.39	1.36	26.17%	337.87%
AXL	933.4M	6.2B	14.24%	12.78%	-116.67	0.15	5.67%	-113.75%
CAAS	105.6M	573.5M	-1.13%	-36.48%	2.7	0.18	7.12%	39.36%
WKHS	75.6M	13.1M	41.18%	-74.91%	-0.61	5.77	160.69%	-5.67%
AYRO	5.7M	444.2K	-14.93%	90.00%	-0.18	12.82	-78.61%	-35.63%

Miller Industries Inc-TN News

Latest updates

Miller Industries Inc-TN Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	18.1%	350	296	275	300	282	226	206	202	216	202	165	181	170	178	168	129	176	203	195	222	197
Gross Profit	14.5%	44.00	39.00	43.00	40.00	30.00	26.00	23.00	18.00	15.00	16.00	18.00	21.00	16.00	24.00	18.00	18.00	19.00	27.00	22.00	25.00	23.00
S&GA Expenses	31.6%	22.00	16.00	19.00	19.00	18.00	13.00	15.00	13.00	12.00	11.00	12.00	12.00	11.00	9.00	9.00	10.00	11.00	12.00	10.00	11.00	10.00
EBITDA Margin	4.7%	0.08*	0.08*	0.08*	0.07*	0.06*	0.05*	0.04*	0.04*	0.04*	0.05*	0.06*	0.07*	-	-	-	-	-	-	-	-	-
Interest Expenses	-30.8%	1.00	1.00	2.00	2.00	1.00	1.00	1.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00	0.00	1.00	1.00
Income Taxes	4.3%	4.00	4.00	5.00	4.00	3.00	2.00	2.00	1.00	0.00	1.00	2.00	2.00	1.00	3.00	2.00	2.00	2.00	3.00	3.00	3.00	3.00
Earnings Before Taxes	2.4%	21.00	21.00	22.00	19.00	12.00	12.00	7.00	5.00	2.00	4.00	5.00	8.00	4.00	15.00	9.00	8.00	7.00	15.00	11.00	13.00	11.00
EBT Margin	6.9%	0.07*	0.06*	0.06*	0.05*	0.04*	0.03*	0.02*	0.02*	0.03*	0.03*	0.05*	0.05*	-	-	-	-	-	-	-	-	-
Net Income	2.0%	17.00	17.00	17.00	15.00	9.00	9.00	5.00	4.00	2.00	3.00	4.00	7.00	3.00	12.00	7.00	6.00	5.00	12.00	8.00	11.00	9.00
Net Income Margin	7.1%	0.05*	0.05*	0.05*	0.04*	0.03*	0.02*	0.02*	0.02*	0.02*	0.02*	0.04*	0.04*	-	-	-	-	-	-	-	-	-
Free Cashflow	-1.9%	4.00	4.00	-1.82	5.00	-8.51	9.00	1.00	-24.64	-33.03	7.00	-0.62	-0.56	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	7.6%	697	647	587	607	558	501	477	498	467	438	409	427	428	398	399	364	418	392	401	423	403
Current Assets	9.5%	559	510	449	469	434	376	352	371	356	329	297	315	315	286	289	257	312	287	296	322	305
Cash Equivalents	-10.4%	27.00	30.00	27.00	31.00	30.00	40.00	33.00	31.00	29.00	54.00	50.00	54.00	56.00	58.00	48.00	37.00	43.00	26.00	27.00	27.00	19.00
Inventory	-2.9%	184	190	176	167	164	154	144	141	124	115	109	92.00	85.00	84.00	87.00	91.00	93.00	88.00	98.00	91.00	96.00
Net PPE	1.0%	116	115	116	116	111	112	111	112	97.00	95.00	98.00	99.00	99.00	97.00	97.00	94.00	92.00	90.00	92.00	87.00	84.00
Goodwill	0%	20.00	20.00	21.00	21.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00
Liabilities	11.7%	334	299	255	291	256	208	189	209	179	153	119	138	143	116	127	99.00	156	134	153	180	168
Current Liabilities	17.0%	275	235	189	225	205	156	138	163	163	147	114	133	138	111	122	90.00	122	124	140	157	135
Long Term Debt	-8.3%	55.00	60.00	60.00	60.00	45.00	45.00	45.00	40.00	10.00	-	-	-	-	-	-	5.00	30.00	5.00	10.00	20.00	30.00
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
LT Debt, Non Current	-100.0%	-	60.00	60.00	60.00	45.00	45.00	45.00	40.00	10.00	-	-	-	-	-	-	5.00	30.00	5.00	10.00	20.00	30.00
Shareholder's Equity	4.2%	362	348	332	316	302	293	285	285	285	285	290	290	285	279	272	265	261	258	248	242	235
Retained Earnings	7.4%	215	200	186	170	157	150	143	140	138	138	141	139	135	130	124	119	116	108	103	97.00	88.00
Additional Paid-In Capital	0.1%	154	154	153	153	152	152	152	152	152	151	151	151	151	151	151	151	151	151	151	151	151
Shares Outstanding	0.3%	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	390	-	-	-	249	-	-	-	380	-	-	-	287	-	-	-	297	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	33.0%	8,977	6,750	1,303	9,674	-6,764	12,447	3,225	-5,891	-28,936	8,232	1,817	2,372	2,847	16,580	21,094	24,887	-1,852	7,108	19,699	26,179	-17,854
Share Based Compensation	47.9%	383	259	569	8.00	223	23.00	423	222	75.00	-	-	-	-	-	-	-	-	-	-	-	-
Cashflow From Investing	-197.6%	-4,663	-1,567	-3,335	-22,424	-1,749	-3,812	-2,287	-18,749	-4,083	-1,208	-2,437	-2,925	-2,489	-4,576	-5,145	-3,987	-3,516	-1,660	-6,973	-5,275	-3,155
Cashflow From Financing	-246.6%	-7,179	-2,071	-2,059	12,940	-2,059	-2,055	2,940	27,941	7,939	-2,060	-2,059	-2,060	-2,059	-2,161	-7,170	-27,150	22,850	-7,151	-12,148	-12,146	12,848
Dividend Payments	-100.0%	-	2,071	2,059	2,060	2,059	2,055	2,056	2,054	2,055	2,054	2,054	2,054	2,054	2,053	2,053	2,053	2,053	2,052	2,053	2,051	2,052

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MLR Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
CONSOLIDATED STATEMENTS OF INCOME
Net sales	$ 349,871	$ 282,275
Cost of operations	305,628	251,858
Gross profit	44,243	30,417
Operating expenses:
Selling, general and administrative expenses	21,543	17,924
Non-operating (income) expenses:
Interest expense, net	1,245	1,012
Other (income) expense, net	(33)	(318)
Total expense, net	22,755	18,618
Income before income taxes	21,488	11,799
Income tax provision	4,465	2,579
Net income	$ 17,023	$ 9,220
Basic income per common share (in dollars per share)	$ 1.49	$ 0.81
Diluted income per common share (in dollars per share)	1.47	0.81
Cash dividends declared per common share (in dollars per share)	$ 0.19	$ 0.18
Weighted average shares outstanding:
Basic (in shares)	11,452,054	11,424,552
Diluted (in shares)	11,556,005	11,430,987

MLR Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and temporary investments	$ 26,809	$ 29,909
Accounts receivable, net of allowance for credit losses of $1,578 and $1,527 at March 31, 2024 and December 31, 2023, respectively	338,887	286,138
Inventories, net	184,274	189,807
Prepaid expenses	8,843	4,617
Total current assets	558,813	510,471
Noncurrent assets:
Property, plant and equipment, net	116,172	115,072
Right-of-use assets - operating leases	738	826
Goodwill	20,022	20,022
Other assets	786	819
Total assets	696,531	647,210
Current liabilities:
Accounts payable	229,040	191,782
Accrued liabilities	43,512	40,793
Income taxes payable	1,773	1,819
Current portion of operating lease obligation	311	320
Total current liabilities	274,636	234,714
Noncurrent liabilities:
Long-term obligations	55,000	60,000
Noncurrent portion of operating lease obligation	426	506
Deferred income tax liabilities	4,110	4,070
Total liabilities	334,172	299,290
Commitments and contingencies (Note 8)
Shareholders' equity:
Common shares, $0.01 par value per share: Authorized - 100,000,000 shares, Issued and outstanding 11,469,960 and 11,445,640 outstanding at March 31, 2024 and December 31, 2023, respectively	115	114
Additional paid-in capital	153,743	153,574
Retained earnings	215,009	200,165
Accumulated other comprehensive loss	(6,508)	(5,933)
Total shareholders' equity	362,359	347,920
Total liabilities and shareholders' equity	$ 696,531	$ 647,210

About Miller Industries Inc-TN

Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flatbed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment. It also provides transport trailers for moving various vehicles for auto auctions, car dealerships, leasing companies, and other related applications. The company markets its products under the Century, Vulcan, Challenger, Holmes, Champion, Chevron, Eagle, Titan, Jige, and Boniface brands. Miller Industries, Inc. sells its products through independent distributors in the United States, Canada, Mexico, Europe, the Pacific Rim, the Middle East, South America, and Africa; and through prime contractors to governmental entities. Miller Industries, Inc. was incorporated in 1990 and is based in Ooltewah, Tennessee.

CEO	Mr. William G. Miller II
WEBSITE	millerind.com
INDUSTRY	Autos
EMPLOYEES	1435

Miller Industries Inc-TN Frequently Asked Questions

What is the ticker symbol for Miller Industries Inc-TN? What does MLR stand for in stocks?

MLR is the stock ticker symbol of Miller Industries Inc-TN. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Miller Industries Inc-TN (MLR)?

As of Fri May 17 2024, market cap of Miller Industries Inc-TN is 686.48 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MLR stock?

You can check MLR's fair value in chart for subscribers.

What is the fair value of MLR stock?

You can check MLR's fair value in chart for subscribers. The fair value of Miller Industries Inc-TN is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Miller Industries Inc-TN is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MLR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Miller Industries Inc-TN a good stock to buy?

The fair value guage provides a quick view whether MLR is over valued or under valued. Whether Miller Industries Inc-TN is cheap or expensive depends on the assumptions which impact Miller Industries Inc-TN's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MLR.

What is Miller Industries Inc-TN's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, MLR's PE ratio (Price to Earnings) is 10.39 and Price to Sales (PS) ratio is 0.56. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MLR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Miller Industries Inc-TN's stock?

In the past 10 years, Miller Industries Inc-TN has provided 0.144 (multiply by 100 for percentage) rate of return.