Yahoo Movies Why Fundamental Investors Love Miller Industries Inc (NYSE:MLR)
Miller Industries Inc (NYSE:MLR) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case of MLR, it is a company with great financial health as well as a a strong history of performance. Below is a brief commentary on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, read the full report on Miller Industries here.
Solid track record with excellent balance sheet
MLR delivered a bottom-line expansion of 26.70% in the prior year, with its most recent earnings level surpassing its average level over the last five years. In addition to beating its historical values, MLR also outperformed its industry, which delivered a growth of 23.44%. This is an optimistic signal for the future. MLR’s ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This indicates that MLR has sufficient cash flows and proper cash management in place, which is an important determinant of the company’s health. MLR seems to have put its debt to good use, generating operating cash levels of 1.36x total debt in the most recent year. This is also a good indication as to whether debt is properly covered by the company’s cash flows.
Next Steps:
For Miller Industries, I’ve put together three important aspects you should look at:
Future Outlook: What are well-informed industry analysts predicting for MLR’s future growth? Take a look at our free research report of analyst consensus for MLR’s outlook.
Valuation: What is MLR worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether MLR is currently mispriced by the market.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of MLR? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
