-2.32%
-1.42%
-0.40%
-28.21%
-16.25%
-42.34%
-42.38%
AI Spotlight on MLKN
Company Description
MillerKnoll, Inc.researches, designs, manufactures, and distributes interior furnishings worldwide.The company operates in four segments: Americas Contract, International Contract, Global Retail, and Knoll.
It offers office furniture products under the Aeron, Mirra, Sayl, Embody, Layout Studio, Imagine Desking System, Ratio, Cosm, Tone, and Generation by Knoll names; and other seating and storage products and ergonomic accessories under the About A Chair, Palissade, Eero Saarinen designs, Barcelona, and the Flo monitor arm names.The company also offers office seating, office furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services, casegoods, storage products, as well as residential, education, and healthcare furniture solutions.As of May 28, 2022, the company operated 70 retail studios including 35 operates under the DWR brand, 7 under the HAY brand, 22 Herman Miller stores, 2 Muuto stores, 3 Knoll stores, and a multi-brand Chicago store.
Its products are used in institutional, health/science, and residential and other environments; transportation terminals; and industrial and educational settings.The company markets its products through its sales staff, and independent dealers and retailers, as well as e-commerce websites.The company was formerly known as Herman Miller, Inc.
and changed its name to MillerKnoll, Inc.in November 2021.MillerKnoll, Inc.
was incorporated in 1905 and is headquartered in Zeeland, Michigan.
Market Data
| Last Price | 22.27 |
| Change Percentage | -2.32% |
| Open | 22.51 |
| Previous Close | 22.8 |
| Market Cap ( Millions) | 1518 |
| Volume | 119206 |
| Year High | 31.73 |
| Year Low | 20.89 |
| M A 50 | 23.47 |
| M A 200 | 25.7 |
Financial Ratios
| FCF Yield | 8.69% |
| Dividend Yield | 3.37% |
| ROE | 4.80% |
| Debt / Equity | 140.33% |
| Net Debt / EBIDTA | 456.76% |
| Price To Book | 1.18 |
| Price Earnings Ratio | 23.73 |
| Price To FCF | 11.5 |
| Price To sales | 0.42 |
| EV / EBITDA | 8.85 |
News
- Dec -19 - Why MillerKnoll's Quarter Hasn't Changed My Hold Rating
- Dec -19 - MillerKnoll, Inc. (MLKN) Q2 2025 Earnings Call Transcript
- Dec -18 - MillerKnoll's stock sinks on outlook, but company says bigger orders signal bigger focus on office space
- Dec -18 - MillerKnoll, Inc. Reports Second Quarter Fiscal 2025 Results
- Nov -18 - MillerKnoll Schedules Second Quarter Fiscal Year 2025 Conference Call and Webcast
- Sep -23 - MillerKnoll Q1 Results: Some Positives On The Horizon, But I'm Not Convinced
- Sep -20 - MillerKnoll Q1 Earnings and Sales Miss Estimates, Stock Dips
- Sep -20 - FedEx Reports Downbeat Results, Joins MillerKnoll And Other Big Stocks Moving Lower In Friday's Pre-Market Session
- Sep -19 - MillerKnoll, Inc. (MLKN) Q1 2025 Earnings Call Transcript
- Sep -19 - MillerKnoll (MLKN) Q1 Earnings and Revenues Lag Estimates
- Sep -19 - MillerKnoll, Inc. Reports First Quarter Fiscal 2025 Results
- Sep -12 - MillerKnoll Announces New Global Hubs in New York and London
- Sep -08 - MillerKnoll: Bottom Line Wins Should Overshadow Top Line Weakness
- Aug -22 - MillerKnoll Schedules First Quarter Fiscal Year 2025 Conference Call and Webcast
- Jul -29 - MillerKnoll Appoints Three Dynamic New Members to its Board of Directors
- Jul -11 - 3 High-Growth, Small-Cap Stocks Flying Under the Radar
- Jun -27 - MillerKnoll (MLKN) Q4 Earnings Beat Estimates, Net Sales Lag
- Jun -26 - MillerKnoll, Inc. (MLKN) Q4 2024 Earnings Call Transcript
- Jun -26 - MillerKnoll (MLKN) Beats Q4 Earnings Estimates
- Jun -26 - MillerKnoll, Inc. Reports Fourth Quarter and Fiscal 2024 Results
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Americas Contract
Expected Growth : 2.5 %
What the company do ?
The Americas Contract from MillerKnoll, Inc. is a comprehensive agreement for furniture and interior solutions, offering discounted pricing and tailored services for large corporations and organizations across the Americas.
Why we expect these perspectives ?
MillerKnoll's Americas Contract segment growth of 2.5% is driven by increasing demand for office furniture and technology integration, fueled by the return-to-office trend and hybrid work arrangements. Additionally, the company's strategic acquisitions and investments in digital capabilities have enhanced its product offerings and customer experience, contributing to the segment's growth.
Segment nΒ°2 -> Global Retail
Expected Growth : 2.8 %
What the company do ?
Global Retail from MillerKnoll, Inc. is a leading segment providing comprehensive furniture solutions for corporate, healthcare, and education markets.
Why we expect these perspectives ?
MillerKnoll's Global Retail segment growth of 2.8% is driven by increasing demand for ergonomic and sustainable office furniture, expansion into emerging markets, and strategic partnerships with architects and designers. Additionally, the rise of hybrid workspaces and investments in digital sales platforms contribute to the segment's growth.
Segment nΒ°3 -> International Contract and Specialty
Expected Growth : 3.2 %
What the company do ?
International Contract and Specialty from MillerKnoll, Inc. offers high-end, customizable furniture solutions for global businesses and institutions.
Why we expect these perspectives ?
MillerKnoll's International Contract and Specialty segment growth of 3.2% is driven by increasing demand for premium office furniture, strategic partnerships, and expansion into emerging markets. Additionally, the company's focus on sustainable and ergonomic products, as well as its strong brand reputation, contribute to its growth momentum.
Millerknoll, Inc. Products
| Product Range | What is it ? |
|---|---|
| Herman Miller Seating | Ergonomic and adjustable chairs for office and home use |
| Steelcase Workspaces | Modular and flexible workstations for open offices and collaborative spaces |
| Knoll Textiles | High-quality fabrics and textiles for upholstery and interior design |
| Holly Hunt Furniture | Luxury furniture and decor for high-end residential and commercial spaces |
| Muuto Furniture | Scandinavian-inspired furniture for modern homes and offices |
| Fully Integrated Solutions | Customized and integrated furniture solutions for corporate, education, and healthcare environments |
MillerKnoll, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for MillerKnoll, Inc. is medium due to the presence of alternative furniture manufacturers and online retailers.
Bargaining Power Of Customers
The bargaining power of customers is high due to the large number of competitors in the furniture industry, giving customers a wide range of options.
Bargaining Power Of Suppliers
The bargaining power of suppliers is low due to the company's large scale of operations and ability to negotiate better prices with suppliers.
Threat Of New Entrants
The threat of new entrants is medium due to the moderate barriers to entry in the furniture industry, including the need for significant capital investment and regulatory compliance.
Intensity Of Rivalry
The intensity of rivalry is high due to the large number of competitors in the furniture industry, leading to intense competition for market share.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 56.61% |
| Debt Cost | 4.16% |
| Equity Weight | 43.39% |
| Equity Cost | 10.21% |
| WACC | 6.78% |
| Leverage | 130.48% |
MillerKnoll, Inc. : Quality Control
MillerKnoll, Inc. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| TILE | Interface, Inc., a modular flooring company, designs, produces, and sells modular carpet products primarily in the Americas, Europe, and the Asia-Pacific. The company offers modular carpets under the Interface and β¦ |
| LCUT | Lifetime Brands, Inc. designs, sources, and sells branded kitchenware, tableware, and other products for use in the home in the United States and internationally. The company provides kitchenware products, including β¦ |
| AMWD | American Woodmark Corporation manufactures and distributes kitchen, bath, office, home organization, and hardware products for the remodelling and new home construction markets in the United States. The company offers made-to-order β¦ |
| LEG | Leggett & Platt, Incorporated designs, manufactures, and markets engineered components and products worldwide. It operates through three segments: Bedding Products; Specialized Products; and Furniture, Flooring & Textile Products. The company β¦ |
| BSET | Bassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally. It operates through three segments: Wholesale, Retail Βcompany-owned Stores, and β¦ |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
π₯
Bassett Furniture
A-Score
1-Year Total Return ->
π₯
Leggett & Platt
A-Score
1-Year Total Return ->
π₯
Interface
A-Score
1-Year Total Return ->
4
Lifetime Brands
A-Score
1-Year Total Return ->
5
American Woodmark
A-Score
1-Year Total Return ->
6
