MLR

Miller Industries, Inc.

Fundamental data last updated:November 1, 2026

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company profile

SECTOR

Consumer Cyclical

industry

Auto - Parts

Exchange

NYSE

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flatbed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment. It also provides transport trailers for moving various vehicles for auto auctions, car dealerships, leasing companies, and other related applications. The company markets its products under the Century, Challenger, Holmes, Champion, Eagle, Titan, Jige, Boniface, Vulcan, and Chevron brands. Miller Industries, Inc. 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. The company was incorporated in 1990 and is based in Ooltewah, Tennessee.

 


VALUATION

P/E

35.87

Market Cap ($M USD)

$556.57M

Forward P/E

13.57

PEG

0.08

PRICE TO SALES

0.75

PRICE TO BOOK

1.33

EV / EBITDA

15.53

5-Year Average P/E

Free Cash Flow Yield

19.81%

DCF Value

$32.59

Graham Number

$33.51

Price to FCF

5.05

EV to FCF

4.79

Earnings Yield

2.79%

FCF Yield

19.81%

DIVIDEND

Yield

1.66%

Annual Payout

$0.81

Payout Ratio

59.68%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$1.36

Next Year EPS Growth Estimate

$3.60

Next Year Revenue Growth Estimate

$1.17B

Return on Equity (ROE)

3.70%

FREE CASH FLOW

Operating Margin

3.02%

Debt-to-Equity

0.08

Piotroski F-Score

6

Altman Z-Score

4.58

Return on Invested Capital (ROIC)

5.09%

Current Ratio

2.98

Quick Ratio

1.78

Net Debt to EBITDA

-0.82

Interest Coverage

31.64

Gross Profit margin

15.06%

FCF PER SHARE

$9.68

REVENUE PER SHARE

$65.40

Gainseekers Quantitative Analysis

Summary

Miller Industries, Inc. appears to be mispriced relative to its intrinsic value. The stock traded above its DCF Value and Graham Number, suggesting potential overvaluation. However, the Forward P/E of 15.41 and a robust Altman Z-score of 4.57 indicate financial stability and growth potential. The Earnings Yield of 2.83% is modest, hinting at limited immediate returns, yet the company’s low debt levels and strong interest coverage ratio enhance its safety profile. Overall, the market may be underestimating its future earnings growth, given the substantial EPS increase projected for next year.

AI Exposure / Tech Reliance

Operating in the Auto - Parts industry, Miller Industries is well-positioned to leverage AI and modern technology. The sector's shift towards smart vehicles and automated manufacturing processes aligns with potential growth opportunities. As the industry evolves, companies like Miller can capitalize on tech-driven efficiencies and innovations.

The Bull Case

For value and GARP investors, Miller Industries offers compelling reasons to buy. The company boasts a solid ROIC of 5.09%, indicating efficient capital use. Its FCF Yield of 20.13% suggests strong cash generation, while a Piotroski F-Score of 6 reflects decent financial health. Despite modest operating margins, these metrics point to a business capable of sustaining growth and delivering shareholder value through prudent financial management.

The Bear Case

Despite some strengths, Miller Industries faces structural risks. The Price/Earnings ratio of 35.30 is high, indicating potential overvaluation, especially as the stock traded near its 52-week high. The operating margin of 3.02% is thin, raising concerns about profitability in a competitive market. Additionally, the stock's proximity to its 52-week high suggests technical overextension, which could lead to a correction if growth expectations aren't met.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Hold

Average Analyst Price Target

$50.00

Institutional Ownership %

1-Year Beta

1.14

Insider Buying % (6 Mo)

Distance to 52-Week High

2.15%

Distance to 52-Week Low

30.77%

EARNINGS SURPRISE %

-77.27%

50-DAY SMA

$46.84

200-DAY SMA

$42.18

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.