-1.70%
-1.23%
-3.33%
17.59%
59.70%
187.51%
435.71%
AI Spotlight on MLI
Company Description
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.
Market Data
| Last Price | 78.75 |
| Change Percentage | -1.70% |
| Open | 80.07 |
| Previous Close | 80.11 |
| Market Cap ( Millions) | 8957 |
| Volume | 638456 |
| Year High | 96.81 |
| Year Low | 47.46 |
| M A 50 | 81.46 |
| M A 200 | 70.23 |
Financial Ratios
| FCF Yield | 6.86% |
| Dividend Yield | 1.02% |
| ROE | 23.49% |
| Debt / Equity | 1.24% |
| Net Debt / EBIDTA | -108.17% |
| Price To Book | 3.27 |
| Price Earnings Ratio | 14.95 |
| Price To FCF | 14.58 |
| Price To sales | 2.5 |
| EV / EBITDA | 9.31 |
News
- Jan -29 - Mueller Industries Earnings Preview: Outstanding Performance, Muddied By Uncertainty
- Dec -16 - North America Plumbing Parts Market Research Report 2024-2029, with Key Vendor Analysis of Central States Industrial, McWane, Morris Group, Mueller Industries Reliance Worldwide and Uponor
- Nov -21 - Texas Pacific Land Set to Join S&P 500, Mueller Industries to Join S&P MidCap 400 and Atlas Energy Solutions to Join S&P SmallCap 600
- Nov -08 - Mueller Industries, Inc. Declares Cash Dividend for Fourth Quarter
- Oct -22 - Mueller is a Copper Powerhouse
- Oct -22 - Mueller Industries, Inc. Reports Third Quarter 2024 Earnings
- Sep -27 - Mueller Industries: A Wonderful Company At A Fair Price
- Aug -31 - 2 Spectacular Stocks to Buy in September
- Jul -10 - The 3 Most Undervalued Small-Cap Stocks to Buy in July 2024
- Jul -04 - Made in the USA: 3 Stocks to Buy That Actually Build Things in America
- May -30 - The Transformation Continues For Mueller Industries
- May -28 - Mueller Industries, Inc. Completes Acquisition of Nehring Electrical Works Company
- May -10 - Mueller Industries, Inc. Declares Cash Dividend for Second Quarter
- May -01 - Shhh! 3 Secret Stocks Flying Below Wall Street's Radar
- Apr -23 - Mueller Industries, Inc. Reports First Quarter 2024 Earnings
- Apr -22 - Mueller Industries, Inc. Agrees to Acquire Nehring Electrical Works Company
- Apr -04 - Double Your Shares, Double Your Gains: 3 Stock Split Plays for 2024
- Mar -31 - 22 Q1 Attractive All-Star Dogs From AAII And Barron's
- Mar -28 - 3 Value Stocks Too Small For Buffett's Portfolio
- Feb -23 - Mueller Industries, Inc. Announces 33 Percent Increase in Quarterly Dividend
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Piping Systems
Expected Growth : 8.5 %
What the company do ?
Mueller Industries' Piping Systems provide copper, aluminum, and steel piping solutions for HVAC, refrigeration, and plumbing applications, offering a range of products and fittings for various industries.
Why we expect these perspectives ?
Mueller Industries' Piping Systems segment growth of 8.5% is driven by increasing demand for HVAC and refrigeration systems, expansion in the industrial and commercial construction markets, and strategic acquisitions. Additionally, the company's focus on product innovation, operational efficiency, and cost savings initiatives contribute to its growth momentum.
Segment n°2 -> Industrial Metals
Expected Growth : 7.5 %
What the company do ?
Industrial Metals from Mueller Industries, Inc. provides copper, aluminum, and other non-ferrous metals for use in various industrial applications.
Why we expect these perspectives ?
Mueller Industries, Inc.'s Industrial Metals segment growth of 7.5% is driven by increasing demand from the HVAC and refrigeration industries, coupled with rising prices of copper and aluminum. Additionally, the company's strategic acquisitions and expansion into new markets have contributed to the growth. Furthermore, the segment has benefited from the ongoing trend of infrastructure development and urbanization, leading to higher demand for industrial metals.
Segment n°3 -> Climate
Expected Growth : 9.0 %
What the company do ?
Mueller Industries, Inc. operates in a moderately fragmented climate with a mix of large and small competitors, driving innovation and pricing pressures.
Why we expect these perspectives ?
Mueller Industries, Inc.'s 9.0% growth in the Climate segment is driven by increasing demand for HVAC and refrigeration products, driven by rising global temperatures and government regulations promoting energy efficiency. Additionally, the company's focus on innovation and product diversification, as well as strategic acquisitions, have contributed to its growth momentum.
Segment n°4 -> Corporate and Eliminations
Expected Growth : 6.0 %
What the company do ?
Corporate and Eliminations from Mueller Industries, Inc. refers to the consolidation of unallocated corporate expenses and intersegment eliminations, providing a comprehensive view of the company's overall performance.
Why we expect these perspectives ?
Mueller Industries' Corporate and Eliminations segment growth of 6.0% is driven by effective cost management, strategic investments in growth initiatives, and a favorable product mix. Additionally, the company's focus on operational efficiency and disciplined capital allocation have contributed to the segment's growth.
Mueller Industries, Inc. Products
| Product Range | What is it ? |
|---|---|
| Copper Tube | Mueller Industries offers a wide range of copper tubes for various applications, including plumbing, HVAC, and refrigeration. |
| Fittings and Valves | Mueller Industries provides a comprehensive range of fittings and valves for copper, PEX, and CPVC piping systems. |
| Piping Systems | Mueller Industries offers a variety of piping systems, including copper, PEX, CPVC, and PVC, for plumbing, HVAC, and industrial applications. |
| Heat Exchangers | Mueller Industries designs and manufactures heat exchangers for various industries, including HVAC, refrigeration, and power generation. |
| Fabricated Tube Products | Mueller Industries offers custom fabricated tube products, including coils, headers, and assemblies, for various industries. |
| OEM Products | Mueller Industries designs and manufactures custom OEM products, including tube assemblies, fittings, and valves, for various industries. |
Mueller Industries, Inc.'s Porter Forces
Threat Of Substitutes
Mueller Industries, Inc. operates in a industry with moderate threat of substitutes. The company's products are not easily substitutable, but there are some alternatives available in the market.
Bargaining Power Of Customers
Mueller Industries, Inc. has a diverse customer base, which reduces the bargaining power of individual customers. The company's customers are not highly concentrated, and the switching costs are moderate.
Bargaining Power Of Suppliers
Mueller Industries, Inc. has a moderate bargaining power of suppliers. The company relies on a few key suppliers, but it also has some alternative sources of supply.
Threat Of New Entrants
Mueller Industries, Inc. operates in an industry with high barriers to entry. The company has a strong brand presence, and new entrants would require significant investments to compete effectively.
Intensity Of Rivalry
Mueller Industries, Inc. operates in a highly competitive industry. The company faces intense competition from established players, and the market is characterized by high advertising expenses and frequent product innovations.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 0.38% |
| Debt Cost | 4.65% |
| Equity Weight | 99.62% |
| Equity Cost | 9.37% |
| WACC | 9.35% |
| Leverage | 0.38% |
Mueller Industries, Inc. : Quality Control
Mueller Industries, Inc. passed 9 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CRS | Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, … |
| WOR | Worthington Industries, Inc., an industrial manufacturing company, focuses on value-added steel processing, manufactured consumer, building, and sustainable mobility products in North America and internationally. It operates through Steel Processing, Consumer … |
| ESAB | ESAB Corporation formulates, develops, manufactures, and supplies consumable products and equipment for use in cutting, joining, and automated welding, as well as gas control equipment. Its comprehensive range of welding … |
| AZZ | AZZ Inc. offers galvanizing and metal coating solutions, welding solutions, specialty electrical equipment, and engineered services to the power generation, transmission, distribution, refining, and industrial markets in the United States … |
| ATI | ATI Inc. manufactures and sells specialty materials and components worldwide. The company operates in two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The HPMC … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Mueller Industries
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1-Year Total Return ->
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AZZ
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ESAB
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4
ATI
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1-Year Total Return ->
5
Carpenter Technology
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1-Year Total Return ->
6
