(MLR) Miller Industries - Overview
Sector: Consumer Cyclical | Industry: Auto Parts | Exchange: NYSE (USA) | Market Cap: 531m USD | Total Return: 3.7% in 12m
Avg Turnover: 4.66M
EPS Trend: -65.7%
Qual. Beats: -1
Rev. Trend: -64.2%
Qual. Beats: 0
Warnings
Fakeout Below Avwap Earnings
Tailwinds
No distinct edge detected
Miller Industries Inc. (MLR) manufactures and sells towing and recovery equipment. This includes wreckers, car carriers, and transport trailers.
The companys products are used for recovering and towing disabled vehicles, transporting new or disabled vehicles, and moving multiple vehicles. This sector is cyclical, tied to economic activity and vehicle sales.
MLR markets its products under various brand names, including Century, Vulcan, and Holmes. Their business model relies on a network of independent distributors in North America, Canada, and Mexico, as well as sales to governmental entities through prime contractors.
For more detailed analysis of MLRs financial performance and market position, continue your research on ValueRay.
- Demand for new tow trucks drives sales
- Steel and chassis prices impact manufacturing costs
- Government infrastructure spending boosts equipment orders
- Interest rates affect distributor financing and customer purchasing
| Net Income: 15.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.19 > 0.02 and ΔFCF/TA 19.64 > 1.0 |
| NWC/Revenue: 38.35% < 20% (prev 30.50%; Δ 7.84% < -1%) |
| CFO/TA 0.22 > 3% & CFO 126.8m > Net Income 15.5m |
| Net Debt (-26.2m) to EBITDA (37.7m): -0.69 < 3 |
| Current Ratio: 2.98 > 1.5 & < 3 |
| Outstanding Shares: last quarter (11.5m) vs 12m ago -0.74% < -2% |
| Gross Margin: 15.06% > 18% (prev 0.14%; Δ 1.49k% > 0.5%) |
| Asset Turnover: 121.6% > 50% (prev 177.2%; Δ -55.60% > 0%) |
| Interest Coverage Ratio: 31.64 > 6 (EBITDA TTM 37.7m / Interest Expense TTM 710k) |
| A: 0.49 (Total Current Assets 430.1m - Total Current Liabilities 144.5m) / Total Assets 585.6m |
| B: 0.46 (Retained Earnings 267.0m / Total Assets 585.6m) |
| C: 0.04 (EBIT TTM 22.5m / Avg Total Assets 612.6m) |
| D: 1.58 (Book Value of Equity 266.4m / Total Liabilities 168.3m) |
| Altman-Z'' = 6.59 = AAA |
| DSRI: 0.97 (Receivables 186.6m/292.6m, Revenue 744.7m/1.13b) |
| GMI: 0.94 (GM 15.06% / 14.16%) |
| AQI: 1.36 (AQ_t 0.04 / AQ_t-1 0.03) |
| SGI: 0.66 (Revenue 744.7m / 1.13b) |
| TATA: -0.19 (NI 15.5m - CFO 126.8m) / TA 585.6m) |
| Beneish M = -3.33 (Cap -4..+1) = AA |
As of May 25, 2026, the stock is trading at USD 46.56 with a total of 50,120 shares traded.
Over the past week, the price has changed by -0.39%,
over one month by -2.16%,
over three months by +9.80% and
over the past year by +3.74%.
Miller Industries has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy MLR.
- StrongBuy: 2
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 54 | 16% |
P/E Trailing = 34.7463
P/E Forward = 18.2149
P/S = 0.7117
P/B = 1.267
P/EG = 2.5588
Revenue TTM = 744.7m USD
EBIT TTM = 22.5m USD
EBITDA TTM = 37.7m USD
Long Term Debt = 21.0m USD (from longTermDebt, last quarter)
Short Term Debt = 2.52m USD (from shortTermDebt, last quarter)
Debt = 26.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 1.78m
Net Debt = -26.2m USD (calculated: Debt 26.8m - CCE 53.0m)
Enterprise Value = 504.4m USD (530.6m + Debt 26.8m - CCE 53.0m)
Interest Coverage Ratio = 31.64 (Ebit TTM 22.5m / Interest Expense TTM 710k)
EV/FCF = 4.57x (Enterprise Value 504.4m / FCF TTM 110.3m)
FCF Yield = 21.86% (FCF TTM 110.3m / Enterprise Value 504.4m)
FCF Margin = 14.80% (FCF TTM 110.3m / Revenue TTM 744.7m)
Net Margin = 2.08% (Net Income TTM 15.5m / Revenue TTM 744.7m)
Gross Margin = 15.06% ((Revenue TTM 744.7m - Cost of Revenue TTM 632.6m) / Revenue TTM)
Gross Margin QoQ = 14.20% (prev 15.50%)
Tobins Q-Ratio = 0.86 (Enterprise Value 504.4m / Total Assets 585.6m)
Interest Expense / Debt = 2.65% (Interest Expense 710k / Debt 26.8m)
Taxrate = 26.93% (8.48m / 31.5m)
NOPAT = 16.4m (EBIT 22.5m * (1 - 26.93%))
Current Ratio = 2.98 (Total Current Assets 430.1m / Total Current Liabilities 144.5m)
Debt / Equity = 0.06 (Debt 26.8m / totalStockholderEquity, last quarter 417.3m)
Debt / EBITDA = -0.69 (Net Debt -26.2m / EBITDA 37.7m)
Debt / FCF = -0.24 (Net Debt -26.2m / FCF TTM 110.3m)
Total Stockholder Equity = 419.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.53% (Net Income 15.5m / Total Assets 585.6m)
RoE = 3.70% (Net Income TTM 15.5m / Total Stockholder Equity 419.3m)
RoCE = 5.10% (EBIT 22.5m / Capital Employed (Equity 419.3m + L.T.Debt 21.0m))
RoIC = 3.70% (NOPAT 16.4m / Invested Capital 443.6m)
WACC = 9.11% (E(530.6m)/V(557.4m) * Re(9.47%) + D(26.8m)/V(557.4m) * Rd(2.65%) * (1-Tc(0.27)))
Discount Rate = 9.47% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 11.11 | Cagr: 0.02%
[DCF] Terminal Value 72.82% ; FCFF base≈110.3m ; Y1≈110.7m ; Y5≈117.3m
[DCF] Fair Price = 144.1 (EV 1.62b - Net Debt -26.2m = Equity 1.64b / Shares 11.4m; r=9.11% [WACC]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: -65.72 | EPS CAGR: -29.76% | SUE: -3.28 | # QB: -1
Revenue Correlation: -64.24 | Revenue CAGR: -13.08% | SUE: -0.00 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.38 | Chg30d=-69.11% | Revisions=-20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.70 | Chg30d=-30.69% | Revisions=-20% | Analysts=1
EPS current Year (2026-12-31): EPS=2.09 | Chg30d=-49.27% | Revisions=-20% | GrowthEPS=+5.6% | GrowthRev=+11.7%
EPS next Year (2027-12-31): EPS=3.20 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+53.1% | GrowthRev=+18.1%