Millerknoll Stock Price To Earnings To Growth
| MLKN Stock | USD 19.78 0.21 1.07% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess MillerKnoll's long-term financial health and intrinsic value.
MillerKnoll | Price To Earnings To Growth | Build AI portfolio with MillerKnoll Stock |
MillerKnoll Company Price To Earnings To Growth Analysis
MillerKnoll's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Current MillerKnoll Price To Earnings To Growth | 1.04 X |
Most of MillerKnoll's fundamental indicators, such as Price To Earnings To Growth, 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, MillerKnoll is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
MillerKnoll Price To Earnings To Growth Driver Correlations
Understanding the fundamental principles of building solid financial models for MillerKnoll is extremely important. It helps to project a fair market value of MillerKnoll Stock properly, considering its historical fundamentals such as Price To Earnings To Growth. Since MillerKnoll's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of MillerKnoll's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of MillerKnoll's interrelated accounts and indicators.
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Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
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MillerKnoll Price Earnings To Growth Ratio
Price Earnings To Growth Ratio |
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Based on the latest financial disclosure, MillerKnoll has a Price To Earnings To Growth of 1.0358 times. This is 59.54% lower than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The price to earnings to growth for all United States stocks is 78.82% higher than that of the company.
MillerKnoll Price To Earnings To Growth Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MillerKnoll's direct or indirect competition against its Price To Earnings To Growth to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MillerKnoll could also be used in its relative valuation, which is a method of valuing MillerKnoll by comparing valuation metrics of similar companies.MillerKnoll is currently under evaluation in price to earnings to growth category among its peers.
MillerKnoll ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, MillerKnoll's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to MillerKnoll's managers, analysts, and investors.Environmental | Governance | Social |
MillerKnoll Fundamentals
| Return On Equity | -0.0238 | ||||
| Return On Asset | 0.0379 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | 0.22 % | ||||
| Current Valuation | 2.95 B | ||||
| Shares Outstanding | 67.81 M | ||||
| Shares Owned By Insiders | 1.39 % | ||||
| Shares Owned By Institutions | 98.08 % | ||||
| Number Of Shares Shorted | 3.27 M | ||||
| Price To Earning | 19.32 X | ||||
| Price To Book | 0.97 X | ||||
| Price To Sales | 0.36 X | ||||
| Revenue | 3.67 B | ||||
| Gross Profit | 1.42 B | ||||
| EBITDA | 50.5 M | ||||
| Net Income | (36.9 M) | ||||
| Cash And Equivalents | 215.8 M | ||||
| Cash Per Share | 2.86 X | ||||
| Total Debt | 1.81 B | ||||
| Debt To Equity | 1.34 % | ||||
| Current Ratio | 1.72 X | ||||
| Book Value Per Share | 18.82 X | ||||
| Cash Flow From Operations | 209.3 M | ||||
| Short Ratio | 5.13 X | ||||
| Earnings Per Share | (0.58) X | ||||
| Price To Earnings To Growth | 1.04 X | ||||
| Target Price | 38.0 | ||||
| Number Of Employees | 10.38 K | ||||
| Beta | 1.21 | ||||
| Market Capitalization | 1.33 B | ||||
| Total Asset | 3.95 B | ||||
| Retained Earnings | 665.1 M | ||||
| Working Capital | 404.9 M | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 2.13 % | ||||
| Net Asset | 3.95 B | ||||
| Last Dividend Paid | 0.75 |
About MillerKnoll Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MillerKnoll's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MillerKnoll using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MillerKnoll based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with MillerKnoll
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MillerKnoll position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MillerKnoll will appreciate offsetting losses from the drop in the long position's value.Moving against MillerKnoll Stock
| 0.76 | VCIG | VCI Global Limited | PairCorr |
| 0.66 | NL | NL Industries Earnings Call Tomorrow | PairCorr |
| 0.66 | WM | Waste Management | PairCorr |
| 0.65 | EXLS | ExlService Holdings Earnings Call This Week | PairCorr |
| 0.42 | EXPO | Exponent | PairCorr |
The ability to find closely correlated positions to MillerKnoll could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MillerKnoll when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MillerKnoll - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MillerKnoll to buy it.
The correlation of MillerKnoll is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MillerKnoll moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MillerKnoll moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MillerKnoll can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out MillerKnoll Piotroski F Score and MillerKnoll Altman Z Score analysis. To learn how to invest in MillerKnoll Stock, please use our How to Invest in MillerKnoll guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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 0.089 | Dividend Share 0.75 | Earnings Share (0.58) | Revenue Per Share | Quarterly Revenue Growth 0.082 |
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.