Why is MillerKnoll, Inc. ?
1
The company declared very negative results in Feb'25 after flat results in Nov'24
- ROCE(HY) Lowest at -2.77%
- CASH AND EQV(HY) Lowest at USD 363.5 MM
- DEBT-EQUITY RATIO (HY) Highest at 126.85 %
2
Risky -
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -37.76%, its profits have fallen by -35.8%
3
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -37.76% returns in the last 1 year, the stock has also underperformed S&P 500 in each of the last 3 annual periods
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 Miscellaneous)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is MillerKnoll, Inc. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
MillerKnoll, Inc.
-37.22%
-0.88
42.79%
S&P 500
13.22%
0.61
20.17%
Quality key factors
Factor
Value
Sales Growth (5y)
8.10%
EBIT Growth (5y)
-19.50%
EBIT to Interest (avg)
4.33
Debt to EBITDA (avg)
4.09
Net Debt to Equity (avg)
0.98
Sales to Capital Employed (avg)
1.35
Tax Ratio
100.00%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
100.00%
ROCE (avg)
9.75%
ROE (avg)
9.25%
Valuation Key Factors 
Factor
Value
P/E Ratio
15
Industry P/E
Price to Book Value
0.92
EV to EBIT
38.36
EV to EBITDA
11.36
EV to Capital Employed
0.96
EV to Sales
0.66
PEG Ratio
NA
Dividend Yield
3.98%
ROCE (Latest)
2.50%
ROE (Latest)
6.15%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
Bullish
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bullish
Mildly Bearish
Technical Movement
6What is working for the Company
RAW MATERIAL COST(Y)
Fallen by 1.16% (YoY
INVENTORY TURNOVER RATIO(HY)
Highest at 5.13 times
PRE-TAX PROFIT(Q)
Highest at USD 46.3 MM
-17What is not working for the Company
ROCE(HY)
Lowest at -2.77%
CASH AND EQV(HY)
Lowest at USD 363.5 MM
DEBT-EQUITY RATIO
(HY)
Highest at 126.85 %
NET PROFIT(Q)
Lowest at USD -73.79 MM
EPS(Q)
Lowest at USD -0.84
Here's what is working for MillerKnoll, Inc.
Pre-Tax Profit
At USD 46.3 MM has Grown at 2,505.19%
over average net sales of the previous four periods of USD -1.93 MMMOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (USD MM)
Pre-Tax Profit
Highest at USD 46.3 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (USD MM)
Inventory Turnover Ratio
Highest at 5.13 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Raw Material Cost
Fallen by 1.16% (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
Here's what is not working for MillerKnoll, Inc.
Net Profit
At USD -73.79 MM has Fallen at -503.21%
over average net sales of the previous four periods of USD 18.3 MMMOJO Watch
Near term Net Profit trend is very negative
Net Profit (USD MM)
Net Profit
Lowest at USD -73.79 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is negative
Net Profit (USD MM)
EPS
Lowest at USD -0.84
in the last five periodsMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (USD)
Cash and Eqv
Lowest at USD 363.5 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Debt-Equity Ratio
Highest at 126.85 %
in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio






