Based on the key indicators related to Miller Industries' liquidity, profitability, solvency, and operating efficiency, Miller Industries is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in April. At this time, Miller Industries' Accounts Payable is relatively stable compared to the past year. As of 03/21/2025, Cash is likely to grow to about 27.3 M, while Non Current Assets Total are likely to drop slightly above 84.4 M. Key indicators impacting Miller Industries' financial strength include:
The financial analysis of Miller Industries is a critical element in measuring its lifeblood. Investors should not minimize Miller Industries' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.
Miller Industries competes with Dorman Products, Standard, Motorcar Parts, Douglas Dynamics, and Stoneridge. Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. The company was incorporated in 1990 and is based in Ooltewah, Tennessee. Miller Industries operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 1421 people.
The reason investors look at the income statement is to determine what Miller Industries' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
Comparative valuation techniques use various fundamental indicators to help in determining Miller Industries's current stock value. Our valuation model uses many indicators to compare Miller Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Miller Industries competition to find correlations between indicators driving Miller Industries's intrinsic value. More Info.
Miller Industries 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 0.45 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Miller Industries is roughly 2.22 . At this time, Miller Industries' Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Miller Industries by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Miller Industries Systematic Risk
Miller Industries' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Miller Industries 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.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Miller Industries correlated with the market. If Beta is less than 0 Miller Industries generally moves in the opposite direction as compared to the market. If Miller Industries Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Miller Industries is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Miller Industries is generally in the same direction as the market. If Beta > 1 Miller Industries moves generally in the same direction as, but more than the movement of the benchmark.
Miller Industries Thematic Clasifications
Miller Industries is part of Automobiles and Trucks 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 Automobiles and Trucks industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Automobiles and Trucks 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 Miller Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Miller Industries' 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 Miller Industries growth as a starting point in their analysis.
Miller Industries March 21, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Miller Industries help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Miller Industries. We use our internally-developed statistical techniques to arrive at the intrinsic value of Miller Industries based on widely used predictive technical indicators. In general, we focus on analyzing Miller Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Miller Industries's daily price indicators and compare them against related drivers.
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.