MillerKnoll Financials

MLKN Stock  USD 25.53  1.00  4.08%   
Based on the analysis of MillerKnoll's profitability, liquidity, and operating efficiency, MillerKnoll is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, MillerKnoll's Non Current Assets Total are very stable compared to the past year. As of the 26th of November 2024, Non Currrent Assets Other is likely to grow to about 102.6 M, while Other Current Liabilities is likely to drop about 140.7 M. Key indicators impacting MillerKnoll's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.671.0125
Way Down
Slightly volatile
Current Ratio1.271.533
Significantly Down
Very volatile
The financial analysis of MillerKnoll is a critical element in measuring its lifeblood. Investors should not minimize MillerKnoll's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

73.37 Million

  
Understanding current and past MillerKnoll Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of MillerKnoll's financial statements are interrelated, with each one affecting the others. For example, an increase in MillerKnoll's assets may result in an increase in income on the income statement.

MillerKnoll Stock Summary

MillerKnoll competes with Bassett Furniture, Ethan Allen, Natuzzi SpA, Flexsteel Industries, and La Z. MillerKnoll, Inc. researches, designs, manufactures, and distributes interior furnishings worldwide. MillerKnoll, Inc. was incorporated in 1905 and is headquartered in Zeeland, Michigan. Millerknoll operates under Furnishings, Fixtures Appliances classification in the United States and is traded on NASDAQ Exchange. It employs 11300 people.
Specialization
Consumer Cyclical, Commercial & Professional Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS6005441000
CUSIP600544100
LocationMichigan; U.S.A
Business Address855 East Main
SectorCommercial Services & Supplies
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.millerknoll.com
Phone616 654 3000
CurrencyUSD - US Dollar

MillerKnoll Key Financial Ratios

MillerKnoll Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.1B4.5B4.3B4.0B4.2B
Other Current Liab289.4M277.1M207.9M151.9M178.2M140.7M
Net Debt316.1M77.6M1.7B1.6B1.5B1.6B
Retained Earnings683.9M808.4M693.3M676.1M738.4M369.6M
Cash454M396.4M230.3M223.5M230.4M133.2M
Net Receivables199.5M221.1M380.9M363.5M330.5M200.0M
Inventory197.3M213.6M587.3M487.4M428.6M450.0M
Other Current Assets60.7M52.7M119.4M101.8M80.1M48.2M
Total Liab1.3B1.1B3.0B2.7B2.6B2.7B
Total Current Assets918.5M891.5M1.3B1.2B1.1B1.1B
Short Term Debt51.4M2.2M189.1M187.6M177.9M186.8M
Intangible Assets205.2M202.8M863.4M793.8M744.8M782.0M
Accounts Payable128.8M178.4M355.1M269.5M241.4M129.4M
Good Will346M364.2M1.2B1.2B1.2B1.3B
Other Liab99.3M146.6M148.3M325.2M374.0M392.7M
Net Tangible Assets91.8M282.6M359.6M(475.3M)(427.8M)(406.4M)
Other Assets48.7M49.8M2.2B1.01.151.09
Long Term Debt281.9M539.9M274.9M1.4B1.3B676.2M
Net Invested Capital1.2B1.1B2.8B2.8B2.7B2.0B
Net Working Capital403.8M390.7M440.5M473.4M371.9M397.1M

MillerKnoll Key Income Statement Accounts

201920202021202220232024 (projected)
Total Revenue2.5B2.5B3.9B4.1B3.6B1.9B
Gross Profit910.7M949.2M1.4B1.4B1.4B1.5B
Operating Income345.7M170.8M199.4M122.3M167.2M140.7M
Ebit345.7M257.8M29.2M122.3M238.3M137.1M
Ebitda425.2M258M219.8M277.4M393.4M197.5M
Cost Of Revenue1.6B1.5B2.6B2.7B2.2B1.2B
Income Before Tax(13.4M)226.4M(8.6M)51.4M99.7M109.6M
Net Income(19.4M)174.6M(19.7M)42.1M82.3M73.4M
Income Tax Expense6M47.9M11.1M4.5M14.7M26.1M
Research Development74M72.1M108.7M105.7M92.6M60.9M
Interest Expense12.5M13.9M37.8M70.9M76.2M80.0M
Tax Provision6M47.9M11.1M4.5M14.7M19.0M
Net Interest Income(10.2M)(11.8M)(36.2M)(71.2M)(70.1M)(66.6M)
Minority Interest5.3M(5.7M)5.7M(4M)(2.3M)(2.2M)

MillerKnoll Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash294.8M(57.6M)(166.1M)(6.8M)6.9M5.5M
Free Cash Flow152.8M272.5M(106.6M)79.6M273.9M287.6M
Depreciation79.5M87.2M190.6M115.3M155.1M162.9M
Other Non Cash Items192.5M3.5M7.2M12M49.6M52.1M
Dividends Paid36.4M34.5M54.5M57.1M55.6M58.4M
Capital Expenditures69M59.8M94.7M83.3M78.4M63.9M
Net Income(14.4M)178.8M(19.7M)46.1M82.3M77.4M
End Period Cash Flow454M396.4M230.3M223.5M230.4M146.9M
Change To Inventory6M(8.5M)(166.4M)81.5M59M62.0M
Change To Netincome170.5M40.9M18M54.2M62.3M56.1M

MillerKnoll Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining MillerKnoll's current stock value. Our valuation model uses many indicators to compare MillerKnoll value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MillerKnoll competition to find correlations between indicators driving MillerKnoll's intrinsic value. More Info.
MillerKnoll is regarded second in return on equity category among its peers. It is regarded fourth in return on asset category among its peers reporting about  0.77  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for MillerKnoll is roughly  1.30 . At this time, MillerKnoll's Return On Equity is very stable compared to the past year. 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 MillerKnoll's earnings, one of the primary drivers of an investment's value.

MillerKnoll Systematic Risk

MillerKnoll's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. MillerKnoll volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on MillerKnoll correlated with the market. If Beta is less than 0 MillerKnoll generally moves in the opposite direction as compared to the market. If MillerKnoll Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MillerKnoll is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MillerKnoll is generally in the same direction as the market. If Beta > 1 MillerKnoll moves generally in the same direction as, but more than the movement of the benchmark.

MillerKnoll Thematic Clasifications

MillerKnoll is part of Business Supplies investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Business Supplies industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Business SuppliesView
This theme covers USA Equities from Business Supplies industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in MillerKnoll Stock are looking for potential investment opportunities by analyzing not only static indicators but also various MillerKnoll's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of MillerKnoll growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.63

At this time, MillerKnoll's Price Earnings To Growth Ratio is very stable compared to the past year.

MillerKnoll November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of MillerKnoll help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of MillerKnoll. We use our internally-developed statistical techniques to arrive at the intrinsic value of MillerKnoll based on widely used predictive technical indicators. In general, we focus on analyzing MillerKnoll Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MillerKnoll's daily price indicators and compare them against related drivers.
When determining whether MillerKnoll offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MillerKnoll's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Millerknoll Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Millerknoll Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MillerKnoll. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
To learn how to invest in MillerKnoll Stock, please use our How to Invest in MillerKnoll guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MillerKnoll. If investors know MillerKnoll will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MillerKnoll listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
55.604
Dividend Share
0.75
Earnings Share
0.87
Revenue Per Share
49.606
Quarterly Revenue Growth
(0.06)
The market value of MillerKnoll is measured differently than its book value, which is the value of MillerKnoll that is recorded on the company's balance sheet. Investors also form their own opinion of MillerKnoll's value that differs from its market value or its book value, called intrinsic value, which is MillerKnoll's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MillerKnoll's market value can be influenced by many factors that don't directly affect MillerKnoll's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MillerKnoll's value and its price as these two are different measures arrived at by different means. Investors typically determine if MillerKnoll is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MillerKnoll's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.