Miller Industries Net Worth
Miller Industries Net Worth Breakdown | MLR |
Miller Industries Net Worth Analysis
Miller Industries' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Miller Industries' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Miller Industries' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Miller Industries' net worth analysis. One common approach is to calculate Miller Industries' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Miller Industries' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Miller Industries' net worth. This approach calculates the present value of Miller Industries' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Miller Industries' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Miller Industries' net worth. This involves comparing Miller Industries' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Miller Industries' net worth relative to its peers.
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To determine if Miller Industries is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Miller Industries' net worth research are outlined below:
| Over 85.0% of the company shares are owned by institutional investors | |
| On 25th of March 2024 Miller Industries paid $ 0.19 per share dividend to its current shareholders | |
| Latest headline from investorplace.com: Uncover Hidden Gems 3 Silent Stocks Poised for Exponential Growth |
Miller Industries Quarterly Good Will |
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Miller Industries uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Miller Industries. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Miller Industries' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Know Miller Industries' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Miller Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Miller Industries backward and forwards among themselves. Miller Industries' institutional investor refers to the entity that pools money to purchase Miller Industries' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Mutual Of America Capital Management Llc | 2023-12-31 | 224.8 K | State Street Corporation | 2023-12-31 | 214.7 K | Goldman Sachs Group Inc | 2023-12-31 | 209.5 K | Huber Capital Management Llc | 2023-12-31 | 188.9 K | Pacific Ridge Capital Partners, Llc | 2023-12-31 | 166.7 K | Lord, Abbett & Co Llc | 2023-12-31 | 150.8 K | Ameriprise Financial Inc | 2023-12-31 | 131.3 K | Allspring Global Investments Holdings, Llc | 2023-12-31 | 127.8 K | Diversified Investment Strategies, Llc | 2023-12-31 | 113.7 K | Thrivent Financial For Lutherans | 2023-12-31 | 1.1 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 894.7 K |
Follow Miller Industries' market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 561.75 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Miller Industries's market, we take the total number of its shares issued and multiply it by Miller Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Project Miller Industries' profitablity
Miller Industries' profitability indicators refer to fundamental financial ratios that showcase Miller Industries' ability to generate income relative to its revenue or operating costs. If, let's say, Miller Industries is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Miller Industries' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Miller Industries' profitability requires more research than a typical breakdown of Miller Industries' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.09 | 0.1 | |
| Return On Capital Employed | 0.19 | 0.15 | |
| Return On Assets | 0.09 | 0.09 | |
| Return On Equity | 0.17 | 0.18 |
When accessing Miller Industries' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Miller Industries' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Miller Industries' profitability and make more informed investment decisions.
The data published in Miller Industries' official financial statements usually reflect Miller Industries' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Miller Industries. For example, before you start analyzing numbers published by Miller accountants, it's critical to develop an understanding of what Miller Industries' liquidity, profitability, and earnings quality are in the context of the Machinery space in which it operates.
Please note, the presentation of Miller Industries' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Miller Industries' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Miller Industries' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Miller Industries. Please utilize our Beneish M Score to check the likelihood of Miller Industries' management manipulating its earnings.
Evaluate Miller Industries' management efficiency
Miller Industries has Return on Asset of 0.0857 % which means that on every $100 spent on assets, it made $0.0857 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1818 %, implying that it generated $0.1818 on every 100 dollars invested. Miller Industries' management efficiency ratios could be used to measure how well Miller Industries manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Miller Industries' Return On Tangible Assets are relatively stable compared to the past year. As of 04/29/2024, Return On Assets is likely to grow to 0.09, while Return On Capital Employed is likely to drop 0.15. At this time, Miller Industries' Return On Assets are relatively stable compared to the past year.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 30.42 | 31.94 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 28.67 | 30.10 | |
| Enterprise Value Over EBITDA | 5.59 | 8.50 | |
| Price Book Value Ratio | 1.39 | 1.86 | |
| Enterprise Value Multiple | 5.59 | 8.50 | |
| Price Fair Value | 1.39 | 1.86 | |
| Enterprise Value | 463.2 M | 307.4 M |
The analysis of Miller Industries' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Miller Industries' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Miller Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue 0.5258 | Revenue 1.2 B | Quarterly Revenue Growth 0.312 | Revenue Per Share 100.827 | Return On Equity 0.1818 |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Miller Industries insiders, such as employees or executives, is commonly permitted as long as it does not rely on Miller Industries' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Miller Industries insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Jeffrey Badgley over a month ago Disposition of 1440 shares by Jeffrey Badgley of Miller Industries at 45.28 subject to Rule 16b-3 | ||
Richard Roberts over six months ago Miller Industries exotic insider transaction detected | ||
Josias Reyneke over a year ago Exercise or conversion by Josias Reyneke of 2000 shares of Miller Industries subject to Rule 16b-3 |
Miller Industries Corporate Filings
| 26th of April 2024 Other Reports | ViewVerify | |
8K | 2nd of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 8th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10K | 6th of March 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
Miller Industries Earnings per Share Projection vs Actual
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How to buy Miller Stock?
The net worth of Miller Industries is the difference between its total assets and liabilities. Miller Industries' net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Miller Industries' assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Miller Industries' net worth can be used as a measure of its financial health and stability which can help investors to decide if Miller Industries is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Miller Industries stock.Already Invested in Miller Industries?
The danger of trading Miller Industries is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Miller Industries is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Miller Industries. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Miller Industries is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Miller Industries is a strong investment it is important to analyze Miller Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Miller Industries' future performance. For an informed investment choice regarding Miller Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Miller Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Miller Stock, please use our How to Invest in Miller Industries guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Miller Stock analysis
When running Miller Industries' price analysis, check to measure Miller Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Miller Industries is operating at the current time. Most of Miller Industries' value examination focuses on studying past and present price action to predict the probability of Miller Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Miller Industries' price. Additionally, you may evaluate how the addition of Miller Industries to your portfolios can decrease your overall portfolio volatility.
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Is Miller Industries' industry 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 Miller Industries. If investors know Miller 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 Miller Industries 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 0.793 | Dividend Share 0.72 | Earnings Share 5.07 | Revenue Per Share 100.827 | Quarterly Revenue Growth 0.312 |
The market value of Miller Industries is measured differently than its book value, which is the value of Miller that is recorded on the company's balance sheet. Investors also form their own opinion of Miller Industries' value that differs from its market value or its book value, called intrinsic value, which is Miller Industries' 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 Miller Industries' market value can be influenced by many factors that don't directly affect Miller Industries' 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 Miller Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Miller Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Miller Industries' 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.