Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Miller Industries. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Miller Industries's earnings available for a low price, and how does
this compare to other companies in the same industry?
Miller Industries's earnings are expected to grow by 5.1% yearly, however this is not considered high growth (20% yearly).
Unable to determine if Miller Industries is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Miller Industries's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
5/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Miller Industries's finances.
The net worth of a company is the difference between its assets and liabilities.
Miller Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Miller Industries's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Miller Industries's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 21.2x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Jeffrey I. Badgley has been Co-Chief Executive Officer of Miller Industries Inc. since December 2013. Mr. Badgley served as Co-Chief Executive Officer and President of Miller Industries Inc. from October 2003 to March 2011 and from June 1996 to March 2011 respectively. He served as Chief Executive Officer of Miller Industries Inc. since March 2011 to December 2013. He served as Chief Executive Officer of Miller Industries Inc. from November 1997 to October 2003. He served as Vice President of Miller Industries Inc. from 1994 to 1996 and as Chief Operating Officer of Miller Industries Inc. from June 1996 to June 1997. In addition, he served as President of miller industries towing Equipment Inc. Since 1996. He served as Vice President of Sales at Miller Industries Towing Equipment Inc. from 1988 to 1996. He served as Vice President of Sales and Marketing at Challenger Wrecker Corporation ('Challenger Wrecker') since 1982. Mr. Badgley served as the Vice Chairman of Miller Industries Inc. since March 2011 until May 2014 and as its Director since January 1996 until May 2014.
Jeffrey's compensation has been consistent with company performance over the past year.
Jeffrey's compensation is higher than average for a company of this size and profit level.
Management Team Tenure
Average tenure and age of the
management team in years:
The tenure for the Miller Industries management team is about average.
Founder & Executive Chairman
Co-Chief Executive Officer
Chief Information Officer
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Miller Industries board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
Founder & Executive Chairman
Recent Insider Trading
Miller Industries insiders have only sold shares in the past 3 months.
Is Miller Industries Inc (NYSE:MLR) A Good Dividend Stock?
A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. … In the past 8 years Miller Industries Inc (NYSE:MLR) has returned an average of 3.00% per year to investors in the form of dividend payouts. … Does Miller Industries tick all the boxes of a great dividend stock?
Want To Invest In Miller Industries Inc (NYSE:MLR)? Here's How It Performed Lately
For investors, increase in profitability and industry-beating performance can be essential considerations in an investment. … How MLR fared against its long-term earnings performance and its industry … MLR's trailing twelve-month earnings (from 31 March 2018) of US$25.85m has
Read This Before Buying Miller Industries Inc (NYSE:MLR) For Its Upcoming $0.18 Dividend
See our latest analysis for Miller Industries 5 questions to ask before buying a dividend stock When researching a dividend stock, I always follow the following screening criteria: Does it pay an annual yield higher than 75% of dividend payers? … NYSE:MLR Historical Dividend Yield Jun 4th 18 How does Miller Industries fare? … Relative to peers, Miller Industries generates a yield of 2.69%, which is high for Machinery stocks but still below the market's top dividend payers.
Miller Industries Inc (MLR): Dividend Is Coming In 3 Days, Should You Buy?
On the 11 December 2017, Miller Industries Inc (NYSE:MLR) will be paying shareholders an upcoming dividend amount of $0.18 per share. … View our latest analysis for Miller Industries How I analyze a dividend stock When researching a dividend stock, I always follow the following screening criteria: Is it paying an annual yield above 75% of dividend payers? … Relative to peers, MLR generates a yield of 2.60%, which is high for machinery stocks but still below the market's top dividend payers.
Miller Industries, Inc., together with its subsidiaries, engages in the manufacture and sale of towing and recovery equipment. It offers wreckers, such as conventional tow trucks and recovery vehicles that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms that are used to transport new or disabled vehicles and other equipment. The company also provides transport trailers for moving various vehicles for auto auctions, car dealerships, leasing companies, and other related applications. It markets its products under the Century, Vulcan, Challenger, Holmes, Champion, Chevron, Eagle, Titan, Jige, and Boniface brands. The company 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 founded in 1990 and is based in Ooltewah, Tennessee.
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