Herman Miller Financials

Herman Miller Stock Summary

Herman Miller competes with Nordic Semiconductor, Spirent Communications, Singapore Telecommunicatio, Magnachip Semiconductor, and INTERSHOP Communications. 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.

Herman Miller Key Financial Ratios

There are many critical financial ratios that Herman Miller's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Herman Miller reports annually and quarterly.

Herman Financial Ratios 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.

Herman Miller Systematic Risk

Along with financial statement analysis, the daily predictive indicators of Herman Miller help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Herman Miller. We use our internally-developed statistical techniques to arrive at the intrinsic value of Herman Miller based on widely used predictive technical indicators. In general, we focus on analyzing Herman Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Herman Miller's daily price indicators and compare them against related drivers.

When running Herman Miller's price analysis, check to measure Herman Miller's 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 Herman Miller is operating at the current time. Most of Herman Miller's value examination focuses on studying past and present price action to predict the probability of Herman Miller's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Herman Miller's price. Additionally, you may evaluate how the addition of Herman Miller to your portfolios can decrease your overall portfolio volatility.