Miller Industries, Inc.

Miller Industries, Inc.

MLRยทNYSE

$47.94

-1.7%
Consumer CyclicalAuto - Parts

Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flatbed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment. It also provides transport trailers for moving various vehicles for auto auctions, car dealerships, leasing companies, and other related applications. The company markets its products under the Century, Challenger, Holmes, Champion, Eagle, Titan, Jige, Boniface, Vulcan, and Chevron brands. Miller Industries, Inc. sells its products through independent distributors in the United States, Canada, Mexico, Europe, the Pacific Rim, the Middle East, South America, and Africa; and through prime contractors to governmental entities. The company was incorporated in 1990 and is based in Ooltewah, Tennessee.

At a Glance

Live Snapshot
Market Cap$546.31M
EPS2.0100
P/E Ratio23.85
Earnings Date08/05/2026
Miller Industries, Inc.

Miller Industries, Inc. Fair Value Envelope

MLR ยท NYSE

Our analysis suggests that MLR has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $47.94, this represents a potential HIDDEN relative to our calculated worth for Miller Industries, Inc..

Intrinsic Value
Current Price: $47.94

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$872.7B
+ Cash & Equivalents$44.7M
Firm Value$872.7B
- Debt$33.6M
Equity Value$872.7B
/ Shares Outstanding11,448,463B
DCF Value$76.2K
UNDERVALUED BY 158903%

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
$197.4M
$394.9M
$789.8M
$1.6B
$3.2B
$6.3B
$12.6B
$25.3B
$50.5B
$101.1B
Maintenance CapEx
-$5.5M
-$11.0M
-$21.9M
-$43.9M
-$87.7M
-$175.4M
-$350.9M
-$701.8M
-$1.4B
-$2.8B
Owner Earnings
$192.0M
$383.9M
$767.8M
$1.5B
$3.1B
$6.1B
$12.3B
$24.6B
$49.1B
$98.3B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$177.7M
$329.1M
$609.5M
$1.1B
$2.1B
$3.9B
$7.2B
$13.3B
$24.6B
$45.5B
Terminal Value represents 88.7% of Enterprise Value