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

49.28USD-1.20 (-2.38%)Market Closed

Market Summary

USD49.28-1.20

Market Closed

-2.38%

MLR Stock Price

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MLR RSI Chart

MLR Valuation

Market Cap

565.4M

Price/Earnings (Trailing)

9.7

Price/Sales (Trailing)

0.49

EV/EBITDA

6.4

Price/Free Cashflow

-498.6

MLR Price/Sales (Trailing)

MLR Profitability

EBT Margin

6.40%

Return on Equity

16.75%

Return on Assets

9.01%

Free Cashflow Yield

-0.2%

MLR Fundamentals

MLR Revenue

Revenue (TTM)

1.2B

Rev. Growth (Yr)

31.17%

Rev. Growth (Qtr)

7.9%

MLR Earnings

Earnings (TTM)

58.3M

Earnings Growth (Yr)

79.68%

Earnings Growth (Qtr)

-4.37%

Breaking Down MLR Revenue

Last 7 days

-3.4%

Last 30 days

4.6%

Last 90 days

25.9%

Trailing 12 Months

44.8%

How does MLR drawdown profile look like?

MLR Financial Health

Current Ratio

2.17

Debt/Equity

0.17

Debt/Cashflow

0.18

MLR Investor Care

Dividend Yield

1.46%

Dividend/Share (TTM)

0.72

Shares Dilution (1Y)

0.25%

Diluted EPS (TTM)

5.07

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
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
Apr 16, 2024	VOISARD ASSET MANAGEMENT GROUP, INC.	unchanged	-	19,736	126,603	0.07%
Apr 15, 2024	Diversified Investment Strategies, LLC	reduced	-0.26	872,967	5,681,340	3.83%
Apr 15, 2024	Ellsworth Advisors, LLC	added	6.81	116,480	548,050	0.16%
Apr 11, 2024	Fortitude Family Office, LLC	unchanged	-	312	2,004	-%
Apr 05, 2024	CWM, LLC	added	56.91	6,000	14,000	-%
Apr 05, 2024	GAMMA Investing LLC	unchanged	-	315	1,603	-%
Apr 03, 2024	Versant Capital Management, Inc	unchanged	-	164	1,052	-%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	unchanged	-	36,652	503,252	-%
Mar 11, 2024	VANGUARD GROUP INC	added	3.92	2,588,880	24,012,000	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	71.56	4,071,460	8,859,590	-%

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

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
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
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading
Mar 06, 2024	8-K	Current Report
Mar 06, 2024	10-K	Annual Report

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	495.0B	96.8B	-10.57%	-15.67%	33.01	5.12	18.80%	19.44%
GM	49.0B	171.8B	4.02%	20.18%	4.87	0.29	9.64%	2.33%
F	48.1B	176.2B	-1.15%	-5.42%	11.05	0.27	11.47%	328.08%
APTV	19.4B	20.1B	-10.86%	-35.49%	6.59	0.97	14.65%	394.61%
KMX	10.8B	26.5B	-14.16%	-0.78%	22.51	0.41	-10.61%	-1.15%
MID-CAP
BWA	7.3B	15.0B	-0.65%	-34.28%	11.71	0.49	12.05%	-33.79%
ALSN	7.0B	3.0B	4.70%	69.83%	10.34	2.29	9.61%	26.74%
ABG	4.3B	14.8B	1.67%	1.76%	7.17	0.29	-4.09%	-39.59%
GT	3.4B	20.1B	-3.94%	8.73%	-4.94	0.17	-3.55%	-440.59%
ADNT	2.6B	15.4B	-13.53%	-28.30%	12.05	0.17	7.09%	494.44%
SMALL-CAP
BLBD	1.1B	1.2B	5.03%	80.11%	17.99	0.91	33.91%	215.64%
AXL	812.5M	6.1B	2.66%	-8.80%	-24.18	0.13	4.78%	-152.26%
CAAS	106.9M	576.4M	4.73%	-25.47%	2.84	0.19	8.84%	77.79%
WKHS	53.5M	5.0M	-32.00%	-84.26%	-0.43	4.09	160.69%	-5.67%
AYRO	6.8M	498.9K	-14.81%	126.23%	-0.2	13.66	-83.32%	-48.94%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	7.9%	296	275	300	282	226	206	202	216	202	165	181	170	178	168	129	176	203	195	222	197	180
Gross Profit	-9.9%	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	22.00
S&GA Expenses	-15.3%	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	11.00
EBITDA Margin	5.1%	0.08*	0.08*	0.07*	0.06*	0.05*	0.04*	0.04*	0.04*	0.05*	0.06*	0.07*	0.07*	-	-	-	-	-	-	-	-	-
Interest Expenses	-20.1%	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	0.00
Income Taxes	-6.4%	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	-0.38
Earnings Before Taxes	-4.8%	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	10.00
EBT Margin	7.5%	0.06*	0.06*	0.05*	0.04*	0.03*	0.02*	0.02*	0.03*	0.03*	0.05*	0.05*	0.05*	-	-	-	-	-	-	-	-	-
Net Income	-4.4%	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	11.00
Net Income Margin	7.6%	0.05*	0.05*	0.04*	0.03*	0.02*	0.02*	0.02*	0.02*	0.02*	0.04*	0.04*	0.04*	-	-	-	-	-	-	-	-	-
Free Cashflow	340.9%	4.00	-1.82	5.00	-8.51	9.00	1.00	-24.64	-33.03	7.00	-0.62	-0.56	0.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	10.2%	647	587	607	558	501	477	498	467	438	409	427	428	398	399	364	418	392	401	423	403	368
Current Assets	13.7%	510	449	469	434	376	352	371	356	329	297	315	315	286	289	257	312	287	296	322	305	273
Cash Equivalents	11.4%	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	27.00
Inventory	7.6%	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	94.00
Net PPE	-1.0%	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	83.00
Goodwill	-2.8%	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	12.00
Liabilities	17.4%	299	255	291	256	208	189	209	179	153	119	138	143	116	127	99.00	156	134	153	180	168	141
Current Liabilities	24.5%	235	189	225	205	156	138	163	163	147	114	133	138	111	122	90.00	122	124	140	157	135	123
Long Term Debt	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	15.00
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
LT Debt, Non Current	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	15.00
Shareholder's Equity	4.7%	348	332	316	302	293	285	285	285	285	290	290	285	279	272	265	261	258	248	242	235	228
Retained Earnings	7.9%	200	186	170	157	150	143	140	138	138	141	139	135	130	124	119	116	108	103	97.00	88.00	81.00
Additional Paid-In Capital	0.3%	154	153	153	152	152	152	152	152	151	151	151	151	151	151	151	151	151	151	151	151	151
Shares Outstanding	-0.1%	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	418.0%	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	6,526
Share Based Compensation	-54.5%	259	569	8.00	223	23.00	423	222	75.00	-	-	-	-	-	-	-	-	-	-	-	-	-
Cashflow From Investing	53.0%	-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	-667
Cashflow From Financing	-0.6%	-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	2,847
Dividend Payments	0.6%	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	2,051

MLR Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
CONSOLIDATED STATEMENTS OF INCOME
Net sales	$ 1,153,354	$ 848,456	$ 717,476
Costs of operations	1,001,500	766,037	647,624
Gross profit	151,854	82,419	69,852
Operating expenses:
Selling, general and administrative expenses	73,087	52,827	46,233
Non-operating expenses:
Interest expense, net	5,974	3,379	1,355
Other (income) expense, net	(991)	481	498
Total expense, net	78,070	56,687	48,086
Income before income taxes	73,784	25,732	21,766
Income tax provision	15,493	5,386	5,511
Net income	$ 58,291	$ 20,346	$ 16,255
Basic income per common share (in dollars per share)	$ 5.10	$ 1.78	$ 1.42
Diluted income per common share (in dollars per share)	5.07	1.78	1.42
Cash dividends declared per common share (in dollars per share)	$ 0.72	$ 0.72	$ 0.72
Weighted average shares outstanding:
Basic (in shares)	11,438,965	11,416,667	11,410,728
Diluted (in shares)	11,506,960	11,416,667	11,410,728

MLR Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and temporary investments	$ 29,909	$ 40,153
Accounts receivable, net of allowance for credit losses of $1,527 and $1,319 at December 31, 2023 and December 31, 2022, respectively	286,138	177,663
Inventories, net	189,807	153,656
Prepaid expenses	4,617	4,576
Total current assets	510,471	376,048
NONCURRENT ASSETS:
Property, plant and equipment, net	115,072	112,145
Right-of-use assets - operating leases	826	909
Goodwill	20,022	11,619
Other assets	819	708
Total assets	647,210	501,429
Current liabilities:
Accounts payable	191,782	125,500
Accrued liabilities	40,793	28,333
Income taxes payable	1,819	2,001
Current portion of operating lease obligation	320	311
Total current liabilities	234,714	156,145
NONCURRENT LIABILITIES:
Long-term obligations	60,000	45,000
Noncurrent portion of operating lease obligation	506	597
Deferred income tax liabilities	4,070	6,230
Total liabilities	299,290	207,972
Shareholders' equity:
Preferred shares, $0.01 par value: Authorized-5,000,000 shares , Issued-none
Common shares, $0,01 par value: Authorized-100,000,000 shares, Issued-11,445,640 and 11,416,716 at December 31, 2023 and 2022, respectively	114	114
Additional paid-in capital	153,574	152,392
Retained Earnings	200,165	150,124
Accumulated other comprehensive loss	(5,933)	(9,173)
Total shareholders' equity	347,920	293,457
Total liabilities and shareholders' equity	$ 647,210	$ 501,429

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 Wed Apr 17 2024, market cap of Miller Industries Inc-TN is 565.41 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 Wed Apr 17 2024, MLR's PE ratio (Price to Earnings) is 9.7 and Price to Sales (PS) ratio is 0.49. 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 0.117 (multiply by 100 for percentage) rate of return.