Why is Miller Industries, Inc. (Tennessee) ?
1
Poor long term growth as Net Sales has grown by an annual rate of 6.77% and Operating profit at 5.83% over the last 5 years
2
With a fall in Operating Profit of -31.26%, the company declared Very Negative results in Jun 25
- The company has declared negative results for the last 2 consecutive quarters
- ROCE(HY) Lowest at 10.64%
- PRE-TAX PROFIT(Q) At USD 11.37 MM has Fallen at -34.52%
- NET PROFIT(Q) At USD 8.46 MM has Fallen at -37.96%
3
Below par performance in long term as well as near term
- Along with generating -48.03% returns in the last 1 year, the stock has also underperformed S&P 500 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Automobiles)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Miller Industries, Inc. (Tennessee) for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Miller Industries, Inc. (Tennessee)
-49.08%
-0.97
35.05%
S&P 500
13.22%
0.64
20.20%
Quality key factors
Factor
Value
Sales Growth (5y)
6.77%
EBIT Growth (5y)
5.83%
EBIT to Interest (avg)
19.30
Debt to EBITDA (avg)
0.23
Net Debt to Equity (avg)
0.12
Sales to Capital Employed (avg)
2.67
Tax Ratio
21.46%
Dividend Payout Ratio
13.89%
Pledged Shares
0
Institutional Holding
100.00%
ROCE (avg)
14.96%
ROE (avg)
11.14%
Valuation Key Factors 
Factor
Value
P/E Ratio
10
Industry P/E
Price to Book Value
1.29
EV to EBIT
7.87
EV to EBITDA
6.58
EV to Capital Employed
1.26
EV to Sales
0.50
PEG Ratio
NA
Dividend Yield
170.85%
ROCE (Latest)
15.95%
ROE (Latest)
13.42%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bearish
Technical Movement
5What is working for the Company
OPERATING CASH FLOW(Y)
Highest at USD 48.53 MM
RAW MATERIAL COST(Y)
Fallen by -18.9% (YoY
DEBT-EQUITY RATIO
(HY)
Lowest at 5.64 %
DIVIDEND PER SHARE(HY)
Highest at USD 2.95
-28What is not working for the Company
ROCE(HY)
Lowest at 10.64%
PRE-TAX PROFIT(Q)
At USD 11.37 MM has Fallen at -34.52%
NET PROFIT(Q)
At USD 8.46 MM has Fallen at -37.96%
INVENTORY TURNOVER RATIO(HY)
Lowest at 4.72 times
DEBTORS TURNOVER RATIO(HY)
Lowest at 2.95 times
NET SALES(Q)
Lowest at USD 214.03 MM
Here's what is working for Miller Industries, Inc. (Tennessee)
Operating Cash Flow
Highest at USD 48.53 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (USD MM)
Debt-Equity Ratio
Lowest at 5.64 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Dividend per share
Highest at USD 2.95
in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (USD)
Raw Material Cost
Fallen by -18.9% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Depreciation
Highest at USD 3.72 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (USD MM)
Here's what is not working for Miller Industries, Inc. (Tennessee)
Net Sales
At USD 214.03 MM has Fallen at -24.46%
over average net sales of the previous four periods of USD 283.32 MMMOJO Watch
Near term sales trend is extremely negative
Net Sales (USD MM)
Pre-Tax Profit
At USD 11.37 MM has Fallen at -34.52%
over average net sales of the previous four periods of USD 17.36 MMMOJO Watch
Near term Pre-Tax Profit trend is very negative
Pre-Tax Profit (USD MM)
Net Profit
At USD 8.46 MM has Fallen at -37.96%
over average net sales of the previous four periods of USD 13.63 MMMOJO Watch
Near term Net Profit trend is very negative
Net Profit (USD MM)
Net Sales
Lowest at USD 214.03 MM
in the last five periodsMOJO Watch
Near term sales trend is negative
Net Sales (USD MM)
Inventory Turnover Ratio
Lowest at 4.72 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Debtors Turnover Ratio
Lowest at 2.95 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






