ML

Miller Industries IncNYSE MLR Stock Report

Last reporting period 30 Jun, 2024

Updated 06 Nov, 2024

Last price

Market cap $B

0.694

Micro

Exchange

XNYS - New York Stock Exchange, Inc

View Section: Eyestock Rating

Miller Fair Value

ML

The fair market value of MLR stock is 82.58 USD. Relative to the market price of 74.96 USD Miller is undervalued by 10.2%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Undervalued 10.2%
82.58 USD
MLR Fair Value
74.96 USD
Market price of MLR

Miller Valuation

Current MLR share ticker price is 74.96 USD.

The fair value level of 82.58 USD can be considered as an effective entry point for long-term investors to start investing in MLR stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 10% lower its fair value

Min value

Current price is 26% higher its minimum value

Max value

Current price is 67% lower its maximum value

07.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

MLR stock is undervalued

It means the current price may concern as a Moderate Risk Entry Point

Miller Industries Inc Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

19.98

2

Median P/E over 5 years

13.19

3

Minimum P/E over 5 years

8.81

4

Earning per share (last 12 months)

6.26 USD

Maximum value

1

x

4

=

125.17 USD

Fair value

2

x

4

=

82.58 USD

Minimum value

3

x

4

=

55.16 USD

Miller Industries Inc price metrics

12.98

Annual return (geometric mean)

31.65

Risk (standard deviation) of returns

β

0.96

Beta (volatility compared to market)

It means that MLR stock is less volatile than the broader market

Discover Undervalued Companies


View Section: Profitability