(MLKN) MillerKnoll - Ratings and Ratios

MillerKnoll, Inc. (NASDAQ:MLKN) is a global leader in the design, research, manufacture, and distribution of interior furnishings. The company, rebranded from Herman Miller, Inc. in November 2021, operates through three main segments: Americas Contract, International Contract & Specialty, and Global Retail. Its extensive product portfolio includes seating solutions, furniture systems, freestanding furniture, textiles, leather, felt, and specialized furniture for residential, education, and healthcare sectors. The company markets its products under a diverse range of brands, including Herman Miller, Knoll, Maharam, Geiger, and Design Within Reach, among others. Distribution channels encompass independent contract furniture dealers, direct sales, e-commerce platforms, and retail stores. MillerKnolls products are utilized across various environments, including institutional settings, healthcare facilities, residential spaces, and transportation hubs. Headquartered in Zeeland, Michigan, the company was founded in 1905 and has established itself as a pioneer in innovative furniture design and workplace solutions.

From a technical standpoint, MLKN has shown a recent price of $16.72, with a 20-day SMA of $16.38, indicating short-term price consolidation. The 50-day SMA at $18.53 and 200-day SMA at $23.15 suggest a broader downtrend. The average true range (ATR) of 0.88 reflects moderate volatility. On the fundamental side, the company has a market capitalization of $1.065 billion, with a trailing P/E of 36.56 and a forward P/E of 8.23, signaling potential undervaluation. The price-to-book ratio of 0.85 and price-to-sales ratio of 0.30 further support this assessment, while the return on equity (RoE) of 2.40% highlights room for improvement in profitability.