Mueller Industries, Inc.

Mueller Industries, Inc.

MLIยทNYSE

$131.35

+0.60%
IndustrialsManufacturing - Metal Fabrication

Mueller Industries, Inc. manufactures and sells copper, brass, aluminum, and plastic products in the United States, the United Kingdom, Canada, South Korea, the Middle East, China, and Mexico. It operates through three segments: Piping Systems, Industrial Metals, and Climate. The Piping Systems segment offers copper tubes, fittings, line sets, and pipe nipples; PEX plumbing and radiant systems; and plumbing-related fittings and plastic injection tooling. It also resells steel pipes, brass and plastic plumbing valves, malleable iron fittings and faucets, and plumbing specialties; and supplies water tubes. This segment sells its products to wholesalers in the plumbing and refrigeration markets, distributors to the manufactured housing and recreational vehicle industries, building material retailers, and air-conditioning original equipment manufacturers (OEMs). The Industrial Metals segment manufactures brass, bronze, and copper alloy rods; plumbing brass, valves, and fittings; cold-form aluminum and copper products; machining of aluminum, steel, brass, and cast iron impacts and castings; brass and aluminum forgings; brass, aluminum, and stainless-steel valves; fluid control solutions; and gas train assembles to OEMs in the industrial, construction, HVAC, plumbing, and refrigeration markets. The Climate segment offers valves, protection devices, and brass fittings for various OEMs in the commercial HVAC and refrigeration markets; high-pressure components and accessories for the air-conditioning and refrigeration markets; coaxial heat exchangers and twisted tubes for the HVAC, geothermal, refrigeration, swimming pool heat pump, marine, ice machine, commercial boiler, and heat reclamation markets; insulated HVAC flexible duct systems; and brazed manifolds, headers, and distributor assemblies. The company was founded in 1917 and is headquartered in Collierville, Tennessee.

At a Glance

Live Snapshot
Market Cap$14.52B
EPS6.9900
P/E Ratio18.79
Earnings Date07/21/2026
Mueller Industries, Inc.

Mueller Industries, Inc. Fair Value Envelope

MLI ยท NYSE

Our analysis suggests that MLI has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $131.35, this represents a potential HIDDEN relative to our calculated worth for Mueller Industries, Inc..

Intrinsic Value
Current Price: $131.35

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$55.4B
+ Cash & Equivalents$1.4B
Firm Value$56.8B
- Debt$46.5M
Equity Value$56.8B
/ Shares Outstanding111,013,631B
DCF Value$511
UNDERVALUED BY 289%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$916.9M
$1.1B
$1.4B
$1.6B
$2.0B
$2.4B
$2.9B
$3.6B
$4.3B
$5.2B
Maintenance CapEx
-$16.7M
-$20.3M
-$24.6M
-$29.9M
-$36.3M
-$44.0M
-$53.4M
-$64.8M
-$78.7M
-$95.5M
Owner Earnings
$900.2M
$1.1B
$1.3B
$1.6B
$2.0B
$2.4B
$2.9B
$3.5B
$4.2B
$5.1B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$833.6M
$936.8M
$1.1B
$1.2B
$1.3B
$1.5B
$1.7B
$1.9B
$2.1B
$2.4B
Terminal Value represents 73.1% of Enterprise Value