Herman Financial Statements From 2010 to 2024
MHR Stock | EUR 23.80 0.01 0.04% |
Check Herman Miller financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Herman Miller's main balance sheet or income statement drivers, such as , as well as many indicators such as . Herman financial statements analysis is a perfect complement when working with Herman Miller Valuation or Volatility modules.
Herman |
Herman Miller Company Return On Asset Analysis
Herman Miller's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Herman Miller Return On Asset | 0.0352 |
Most of Herman Miller's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Herman Miller is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition |
Based on the latest financial disclosure, Herman Miller has a Return On Asset of 0.0352. This is 106.9% lower than that of the Industrials sector and 96.09% lower than that of the Business Equipment industry. The return on asset for all Germany stocks is 125.14% lower than that of the firm.
Herman Miller Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Herman Miller's current stock value. Our valuation model uses many indicators to compare Herman Miller value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Herman Miller competition to find correlations between indicators driving Herman Miller's intrinsic value. More Info.Herman Miller is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.64 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Herman Miller is roughly 1.57 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Herman Miller's earnings, one of the primary drivers of an investment's value.About Herman Miller Financial Statements
Herman Miller stakeholders use historical fundamental indicators, such as Herman Miller's revenue or net income, to determine how well the company is positioned to perform in the future. Although Herman Miller investors may analyze each financial statement separately, they are all interrelated. For example, changes in Herman Miller's assets and liabilities are reflected in the revenues and expenses on Herman Miller's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Herman Miller. Please read more on our technical analysis and fundamental analysis pages.
Herman Miller, Inc. engages in the research, design, manufacture, and distribution of office furniture systems, seating products, other freestanding furniture elements, textiles, home furnishings, and related services in the United States and internationally. Herman Miller, Inc. was founded in 1905 and is headquartered in Zeeland, Michigan. MILLER DL operates under Business Equipment classification in Germany and is traded on Frankfurt Stock Exchange.
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Other Information on Investing in Herman Stock
Herman Miller financial ratios help investors to determine whether Herman Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Herman with respect to the benefits of owning Herman Miller security.