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Miller Industries

NYSE:MLR
Snowflake Description

Excellent balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MLR
NYSE
$307M
Market Cap
  1. Home
  2. US
  3. Capital Goods
Company description

Miller Industries, Inc., together with its subsidiaries, engages in the manufacture and sale of towing and recovery equipment. The last earnings update was 195 days ago. More info.


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MLR Share Price and Events
Price Volatility
MLR
Industry
5yr Volatility vs Market

MLR Value

 Is Miller Industries undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
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 $26.85.
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 Miller Industries's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Miller Industries's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:MLR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in USD $2.46
NYSE:MLR Share Price ** NYSE (2018-09-18) in USD $26.85
United States of America Machinery Industry PE Ratio Median Figure of 130 Publicly-Listed Machinery Companies 22.71x
United States of America Market PE Ratio Median Figure of 3,820 Publicly-Listed Companies 19.87x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Miller Industries.

NYSE:MLR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:MLR Share Price ÷ EPS (both in USD)

= 26.85 ÷ 2.46

10.91x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Miller Industries is good value based on earnings compared to the US Machinery industry average.
  • Miller Industries is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Miller Industries's expected growth come at a high price?
Raw Data
NYSE:MLR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 10.91x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
6.6%per year
United States of America Machinery Industry PEG Ratio Median Figure of 104 Publicly-Listed Machinery Companies 1.63x
United States of America Market PEG Ratio Median Figure of 2,650 Publicly-Listed Companies 1.41x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Miller Industries, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Miller Industries's assets?
Raw Data
NYSE:MLR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in USD $18.70
NYSE:MLR Share Price * NYSE (2018-09-18) in USD $26.85
United States of America Machinery Industry PB Ratio Median Figure of 169 Publicly-Listed Machinery Companies 2.81x
United States of America Market PB Ratio Median Figure of 6,378 Publicly-Listed Companies 1.94x
NYSE:MLR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:MLR Share Price ÷ Book Value per Share (both in USD)

= 26.85 ÷ 18.70

1.44x

* Primary Listing of Miller Industries.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Miller Industries is good value based on assets compared to the US Machinery industry average.
X
Value checks
We assess Miller Industries's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Machinery industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Machinery industry average (and greater than 0)? (1 check)
  5. Miller Industries has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MLR Future Performance

 How is Miller Industries expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Miller Industries, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Miller Industries expected to grow at an attractive rate?
  • Miller Industries's earnings growth is expected to exceed the low risk savings rate of 3%.
Growth vs Market Checks
  • Miller Industries's earnings growth is positive but not above the United States of America market average.
  • Unable to compare Miller Industries's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NYSE:MLR Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:MLR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 6.6%
United States of America Machinery Industry Earnings Growth Rate Market Cap Weighted Average 13.6%
United States of America Machinery Industry Revenue Growth Rate Market Cap Weighted Average 4.4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 16%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:MLR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:MLR Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NYSE:MLR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-06-30 649 19 28
2018-03-31 625 15 26
2017-12-31 615 14 23
2017-09-30 604 31 18
2017-06-30 598 35 19
2017-03-31 601 26 20
2016-12-31 601 21 20
2016-09-30 589 5 19
2016-06-30 568 3 17
2016-03-31 563 9 16
2015-12-31 541 20 16
2015-09-30 552 21 18

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Miller Industries's earnings are expected to grow by 6.6% 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.
Raw Data
NYSE:MLR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Miller Industries Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:MLR Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NYSE:MLR Past Financials Data
Date (Data in USD Millions) EPS *
2018-06-30 2.46
2018-03-31 2.27
2017-12-31 2.02
2017-09-30 1.60
2017-06-30 1.69
2017-03-31 1.80
2016-12-31 1.76
2016-09-30 1.71
2016-06-30 1.50
2016-03-31 1.44
2015-12-31 1.41
2015-09-30 1.57

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Miller Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Miller Industries's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Miller Industries has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MLR Past Performance

  How has Miller Industries performed over the past 5 years?

  • Miller Industries's last earnings update was 195 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Miller Industries's growth in the last year to its industry (Machinery).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Miller Industries's year on year earnings growth rate has been positive over the past 5 years.
  • Miller Industries's 1-year earnings growth exceeds its 5-year average (45.7% vs 19.9%)
  • Miller Industries's earnings growth has exceeded the US Machinery industry average in the past year (45.7% vs 30.2%).
Earnings and Revenue History
Miller Industries's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Miller Industries Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:MLR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 649.13 28.02 36.72
2018-03-31 625.33 25.85 36.11
2017-12-31 615.10 23.02 35.56
2017-09-30 603.98 18.17 34.19
2017-06-30 598.21 19.24 34.10
2017-03-31 601.24 20.40 33.35
2016-12-31 601.12 19.92 32.32
2016-09-30 588.96 19.35 33.70
2016-06-30 567.57 16.99 32.73
2016-03-31 562.99 16.27 32.06
2015-12-31 540.97 15.98 31.49
2015-09-30 552.31 17.76 29.75
2015-06-30 544.50 18.08 29.45
2015-03-31 515.40 15.60 28.77
2014-12-31 492.78 14.90 28.50
2014-09-30 453.28 11.63 29.02
2014-06-30 439.99 10.75 28.53
2014-03-31 423.39 10.27 28.79
2013-12-31 404.17 9.23 28.32
2013-09-30 378.30 8.53 27.29
2013-06-30 351.14 8.80 27.22
2013-03-31 332.66 8.44 27.20
2012-12-31 342.66 9.12 27.51
2012-09-30 369.65 12.36 28.97
2012-06-30 388.47 14.34 29.77
2012-03-31 398.69 17.57 30.26
2011-12-31 412.66 23.01 31.41
2011-09-30 382.95 21.71 30.34

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Miller Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Miller Industries used its assets more efficiently than the US Machinery industry average last year based on Return on Assets.
  • Miller Industries's use of capital has not improved over the past 3 years (Return on Capital Employed).
X
Past performance checks
We assess Miller Industries's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Machinery industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Miller Industries has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MLR Health

 How is Miller Industries's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

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.
Net Worth
  • 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.
Balance sheet
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 checks below.
Assets
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 15.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from Miller Industries Company Filings, last reported 2 months ago.

NYSE:MLR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 212.91 15.97 19.71
2018-03-31 208.69 11.13 15.06
2017-12-31 203.10 10.61 21.90
2017-09-30 196.10 20.00 33.50
2017-06-30 191.76 20.00 32.03
2017-03-31 186.44 10.00 24.50
2016-12-31 184.60 5.00 31.12
2016-09-30 183.76 20.00 32.84
2016-06-30 180.94 20.00 29.55
2016-03-31 175.45 10.00 33.35
2015-12-31 173.86 0.00 38.45
2015-09-30 173.21 0.00 40.97
2015-06-30 171.41 0.00 35.97
2015-03-31 167.92 0.00 38.31
2014-12-31 168.45 0.00 39.60
2014-09-30 166.27 0.00 36.28
2014-06-30 165.29 0.00 39.05
2014-03-31 163.55 0.00 40.54
2013-12-31 161.71 0.00 42.86
2013-09-30 160.00 0.00 41.21
2013-06-30 158.76 0.00 43.41
2013-03-31 157.85 0.00 47.43
2012-12-31 157.49 0.00 48.59
2012-09-30 155.63 0.00 43.49
2012-06-30 153.82 0.00 40.76
2012-03-31 154.11 0.00 37.59
2011-12-31 152.65 0.01 50.15
2011-09-30 155.69 0.01 35.65
  • Miller Industries's level of debt (7.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 7.5% today).
  • Debt is well covered by operating cash flow (116.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 20.6x coverage).
X
Financial health checks
We assess Miller Industries's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Miller Industries has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MLR Dividends

 What is Miller Industries's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.68%
Current annual income from Miller Industries dividends.
If you bought $2,000 of Miller Industries shares you are expected to receive $54 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Miller Industries's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.36%).
  • Miller Industries's dividend is below the markets top 25% of dividend payers in United States of America (3.72%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:MLR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Machinery Industry Average Dividend Yield Market Cap Weighted Average of 106 Stocks 1.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2649 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:MLR Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
NYSE:MLR Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-08-08 0.720 2.582
2018-03-07 0.720 2.788
2017-11-08 0.720 2.804
2017-08-09 0.720 2.726
2017-05-03 0.720 2.831
2017-03-15 0.720 2.902
2016-11-09 0.680 2.627
2016-08-03 0.680 3.114
2016-05-04 0.680 3.206
2016-03-09 0.680 3.318
2015-11-05 0.640 3.070
2015-08-06 0.640 3.011
2015-05-06 0.640 3.261
2015-03-04 0.640 2.710
2014-11-05 0.600 3.011
2014-05-07 0.600 3.144
2014-03-05 0.600 3.093
2013-11-06 0.560 3.085
2013-05-08 0.560 3.393
2013-03-06 0.560 3.577
2012-11-08 0.520 3.388
2012-08-08 0.520 3.322
2012-05-08 0.520 3.345
2012-03-07 0.520 3.140
2011-11-08 0.480 2.979
2011-08-09 0.480 2.581
2011-05-11 0.480 2.801
2011-03-08 0.120 0.761
2010-11-09 0.100 0.660
2010-08-04 0.100 0.742
2010-03-10 0.100 0.726

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Miller Industries has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Miller Industries only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Miller Industries's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.4x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Miller Industries's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Miller Industries afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Miller Industries has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MLR Management

 What is the CEO of Miller Industries's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Jeffrey Badgley, image provided by Google.
Jeffrey Badgley
COMPENSATION $587,773
AGE 66
TENURE AS CEO 4.8 years
CEO Bio

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.

CEO Compensation
  • 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 Miller Industries management team in years:

4.8
Average Tenure
63.5
Average Age
  • The tenure for the Miller Industries management team is about average.
Management Team

William Miller

TITLE
Founder & Executive Chairman
COMPENSATION
$321K
AGE
71
TENURE
24.4 yrs

Jeffrey Badgley

TITLE
Co-Chief Executive Officer
COMPENSATION
$588K
AGE
66
TENURE
4.8 yrs

William Miller

TITLE
President
COMPENSATION
$588K
AGE
39
TENURE
4.8 yrs

Debbie Whitmire

TITLE
Executive VP
COMPENSATION
$324K
AGE
52
TENURE
1.8 yrs

Josias Reyneke

TITLE
Chief Information Officer
COMPENSATION
$256K
AGE
61
TENURE
1.7 yrs

Frank Madonia

TITLE
Executive VP
COMPENSATION
$313K
AGE
69
TENURE
20 yrs
Board of Directors Tenure

Average tenure and age of the Miller Industries board of directors in years:

24.4
Average Tenure
63
Average Age
  • 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

William Miller

TITLE
Founder & Executive Chairman
COMPENSATION
$321K
AGE
71
TENURE
24.4 yrs

William Miller

TITLE
President
COMPENSATION
$588K
AGE
39
TENURE
4.3 yrs

Russ Chandler

TITLE
Independent Director
COMPENSATION
$112K
AGE
73
TENURE
24.4 yrs

Richard Roberts

TITLE
Independent Director
COMPENSATION
$132K
AGE
63
TENURE
24.4 yrs

Ted Ashford

TITLE
Director
COMPENSATION
$112K
AGE
54
TENURE
8.4 yrs
Recent Insider Trading
  • Miller Industries insiders have only sold shares in the past 3 months.
Who owns this company?
X
Management checks
We assess Miller Industries's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap and profit (greater than 0.5% of the company's profit + 0.03% of market cap)? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Miller Industries has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MLR News

External News
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Simply Wall St News

Should You Be Tempted To Buy Miller Industries Inc (NYSE:MLR) At Its Current PE Ratio?

While MLR might seem like an attractive stock to buy, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions. … I will deconstruct the P/E ratio and highlight what you need to be careful of when using the P/E ratio … Demystifying the P/E ratio

Simply Wall St -

Does Miller Industries Inc (NYSE:MLR)'s Capital Return Make The Cut?

and want to begin learning the link between Miller Industries Inc (NYSE:MLR)’s return fundamentals and stock market performance. … As a result, your investment is being put to work to fund operations and if you want to earn an attractive return on your investment, the business needs to be making an adequate amount of money from the funds you provide. … To understand Miller Industries’s capital returns we will look at a useful metric called return on capital employed.

Simply Wall St -

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?

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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

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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.

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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.

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MLR Company Info

Map
Description

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.

Details
Name: Miller Industries, Inc.
MLR
Exchange: NYSE
Founded: 1990
$306,806,777
11,384,296
Website: http://www.millerind.com
Address: Miller Industries, Inc.
8503 Hilltop Drive,
Ooltewah,
Tennessee, 37363,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE MLR Common Stock New York Stock Exchange US USD 20. Dec 1995
Number of employees
Current staff
Staff numbers
1,120
Miller Industries employees.
Industry
Construction Machinery and Heavy Trucks
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/09/18 21:06
End of day share price update: 2018/09/18 00:00
Last estimates confirmation: 2018/03/07
Last earnings update: 2018/06/30
Last annual earnings update: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.