MLI Stock Overview
Mueller Industries, Inc. manufactures and sells copper, brass, aluminum, and plastic products in the United States, the United Kingdom, Canada, South Korea, the Middle East, China, and Mexico.
Mueller Industries Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$54.02|
|52 Week High||US$63.07|
|52 Week Low||US$39.00|
|1 Month Change||-0.73%|
|3 Month Change||-7.44%|
|1 Year Change||25.54%|
|3 Year Change||82.99%|
|5 Year Change||74.09%|
|Change since IPO||3,741.42%|
Recent News & Updates
Mueller Industries (NYSE:MLI) Has A Rock Solid Balance Sheet
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Mueller Industries: Prudent And Balanced Growth At A Reasonable Price
Mueller Industries benefitted from rising prices of copper and increased construction activity in 2021 and so far in 2022 despite headwinds. Recent acquisitions and disciplined capital allocation support future growth and stockholder returns in the form of share buybacks and a 92% increase in the quarterly dividend. The company's balance sheet is strong and supports continued growth as confidence in construction activities remains positive.
Do Mueller Industries's (NYSE:MLI) Earnings Warrant Your Attention?
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
|MLI||US Machinery||US Market|
Return vs Industry: MLI exceeded the US Machinery industry which returned -20.1% over the past year.
Return vs Market: MLI exceeded the US Market which returned -18.4% over the past year.
|MLI Average Weekly Movement||5.6%|
|Machinery Industry Average Movement||6.0%|
|Market Average Movement||8.1%|
|10% most volatile stocks in US Market||16.7%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: MLI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: MLI's weekly volatility (6%) has been stable over the past year.
About the Company
Mueller Industries, Inc. manufactures and sells copper, brass, aluminum, and plastic products in the United States, the United Kingdom, Canada, South Korea, the Middle East, China, and Mexico. It operates through three segments: Piping Systems, Industrial Metals, and Climate. The Piping Systems segment offers copper tubes, fittings, line sets, and pipe nipples; PEX plumbing and radiant systems; and plumbing-related fittings and plastic injection tooling.
Mueller Industries Fundamentals Summary
|MLI fundamental statistics|
Is MLI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MLI income statement (TTM)|
|Cost of Revenue||US$3.02b|
Last Reported Earnings
Mar 26, 2022
Next Earnings Date
|Earnings per share (EPS)||9.91|
|Net Profit Margin||14.23%|
How did MLI perform over the long term?See historical performance and comparison
1.9%Current Dividend Yield
Is MLI undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MLI?
Other financial metrics that can be useful for relative valuation.
|What is MLI's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does MLI's PE Ratio compare to its peers?
|MLI PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
FELE Franklin Electric
HLIO Helios Technologies
GTES Gates Industrial
MLI Mueller Industries
Price-To-Earnings vs Peers: MLI is good value based on its Price-To-Earnings Ratio (5.5x) compared to the peer average (17.1x).
Price to Earnings Ratio vs Industry
How does MLI's PE Ratio compare vs other companies in the US Machinery Industry?
Price-To-Earnings vs Industry: MLI is good value based on its Price-To-Earnings Ratio (5.5x) compared to the US Machinery industry average (21.7x)
Price to Earnings Ratio vs Fair Ratio
What is MLI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||5.5x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MLI's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of MLI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: MLI ($54.02) is trading below our estimate of fair value ($245.69)
Significantly Below Fair Value: MLI is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MLI's PEG Ratio to determine if it is good value.
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How is Mueller Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Mueller Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Examine whether Mueller Industries is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Mueller Industries competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Mueller Industries performed over the past 5 years?
Past Performance Score6/6
Past Performance Score 6/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MLI has high quality earnings.
Growing Profit Margin: MLI's current net profit margins (14.2%) are higher than last year (6.5%).
Past Earnings Growth Analysis
Earnings Trend: MLI's earnings have grown significantly by 39.3% per year over the past 5 years.
Accelerating Growth: MLI's earnings growth over the past year (231.9%) exceeds its 5-year average (39.3% per year).
Earnings vs Industry: MLI earnings growth over the past year (231.9%) exceeded the Machinery industry 24%.
Return on Equity
High ROE: MLI's Return on Equity (40.5%) is considered outstanding.
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How is Mueller Industries's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MLI's short term assets ($1.2B) exceed its short term liabilities ($451.6M).
Long Term Liabilities: MLI's short term assets ($1.2B) exceed its long term liabilities ($88.2M).
Debt to Equity History and Analysis
Debt Level: MLI has more cash than its total debt.
Reducing Debt: MLI's debt to equity ratio has reduced from 92.4% to 0.1% over the past 5 years.
Debt Coverage: MLI's debt is well covered by operating cash flow (20792.7%).
Interest Coverage: MLI's interest payments on its debt are well covered by EBIT (235.7x coverage).
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What is Mueller Industries's current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MLI's dividend (1.85%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: MLI's dividend (1.85%) is low compared to the top 25% of dividend payers in the US market (4.23%).
Stability and Growth of Payments
Stable Dividend: MLI's dividends per share have been stable in the past 10 years.
Growing Dividend: MLI's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6.4%), MLI's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.4%), MLI's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Greg Christopher (59 yo)
Mr. Gregory L. Christopher, also known as Greg, has been the Chairman and Chief Executive Officer of Mueller Industries Inc. since January 1, 2016 and October 30, 2008 respectively. Mr. Christopher served...
CEO Compensation Analysis
Compensation vs Market: Greg's total compensation ($USD10.84M) is above average for companies of similar size in the US market ($USD6.87M).
Compensation vs Earnings: Greg's compensation has increased by more than 20% in the past year.
Experienced Management: MLI's management team is seasoned and experienced (5.3 years average tenure).
Experienced Board: MLI's board of directors are seasoned and experienced ( 10.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MLI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Mueller Industries, Inc.'s employee growth, exchange listings and data sources
- Name: Mueller Industries, Inc.
- Ticker: MLI
- Exchange: NYSE
- Founded: 1917
- Industry: Industrial Machinery
- Sector: Capital Goods
- Implied Market Cap: US$3.074b
- Shares outstanding: 56.90m
- Website: https://www.muellerindustries.com
Number of Employees
- Mueller Industries, Inc.
- 150 Schilling Boulevard
- Suite 100
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/27 00:00|
|End of Day Share Price||2022/06/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.