Miller Industries Inc (MLR) Fair Value & Analysis

Consumer Cyclical · US · Market cap $567M · ISIN US6005512040

What is Miller Industries Inc really worth?

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

What matters now

• The price sits above even our optimistic bull case ($53.01). The favourable scenario is already priced in.
• Solid but not exceptional quality (57/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range $19.90 – $74.54 · fair‑value band $31.81 – $53.01 · the $55.19 price screens above the $42.41 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Miller Industries Inc (MLR) currently trades at $55.19, while our model-based Fair Value estimate is $42.41, implying the stock looks roughly 30.1% overvalued today. The Quality Score stands at 57/100 (solid quality), in the Consumer Cyclical sector. Bull case: the DCF Models group reads highest at a median of $71.53 per share, and 9 of the 26 models we run sit above the $55.19 price. Bear case: the Dividend Discount group reads lowest at $10.04, and 17 of the 26 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Miller Industries Inc generated revenue of $745M at a net margin of 2.1%. Revenue declined 19.8% year over year. It earns a return on equity of 3.8%. The balance sheet holds a net cash position of $11.1M. Fundamentals as of Aug 13, 2026

Our scenario range runs from $31.81 (bear case) to $53.01 (bull case); at $55.19, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 66% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at −38% fair-value upside, at −23%, MLR screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly $0.3601 per share, which is 0.8 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Widest divergence: DCF Models ($71.53) versus Dividend Discount ($10.04). Highest evidence: FCF DCF (80).

Key figures & financial health

Quality Score breakdown

About the company

Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. It provides wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other …

Full company description

Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. It provides wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment. The company also offers transport trailers for moving multiple vehicles for auto auctions, car dealerships, leasing companies, and other similar operations. It markets its products under the Century, Vulcan, Chevron, Holmes, Challenger, Champion, Jige, Boniface, Omars, Titan, and Eagle brand names. The company sells its products through independent distributors in North America, and Canada, Mexico; and through prime contractors to governmental entities. Miller Industries, Inc. was founded in 1990 and is headquartered in Ooltewah, Tennessee.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Miller Industries Inc reported revenue of $790M in FY2025 versus $717M in FY2021, a compound +2.4%/yr. Reported net income was $23.0M in FY2025, compounding +9.1%/yr from FY2021.

MLR screens 30% overvalued. Compare with O'Reilly Automotive, Inc →

Peer Group

Auto Parts · 640 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Valuation Multiples vs Auto Parts median · lower = cheaper

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

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