Obermatt

Herman Miller

NSQ:MLKN · US6005441000
Commercial Services & SuppliesLarge

360

24
EV / EBIT38
Price / Owner Earnings24
Owner Earnings Yield14
Dividend Yield97
Price/Sales89
EV / Gross Profit88
Price/Book85
Return on Capital17
Cash Return on Capital10
Return on Equity8
EBIT Margin34
Gross Profitability72
Cash Conversion96
Accruals62
Owner Earnings Margin12
Sales growth45
Profit Growth42
Long-Term EPS Growth74
Reinvestment79
Price momentum49
Debt load34
Refinancing83
Debt Payback7
Liquidity53
Analyst ratings37
Opinion Changes50
Price Target Upside98
Market mood46
Value Creation8/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Herman Miller clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustryCommercial Services & Supplies
SizeLarge
TypePublic Company
ExchangeNASDAQGS
Founded1905
Employees2,551
ISINUS6005441000
Last UpdateApr 2, 2026
Themes
LifestyleHome ImprovementFurnitureManufacturingTextiles

Description

MillerKnoll, Inc. (MillerKnoll) researches, designs, manufactures and distributes interior furnishings for use in various environments including residential, office, healthcare and educational settings, and provides related services that support orga…

Analysis

Middle-of-the-road

MillerKnoll, Inc. is a middle-of-the-road business: neither the economics nor the price stand out from the peer group.

The price is expensive. You pay 31.1× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone. At today's price, the market is assuming roughly 12% yearly growth; analysts expect 12%. The price, in other words, assumes less than the experts do.

The trajectory is tepid and the balance sheet is stretched. The company scores 8/20 on our value-creation score: creating some value.

What to watch: The financial cushion is thinner than comfortable. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
87
2023202420252026

All-time high

87

Jun 2026

All-time low

63

Jan 2024

Average rank

76

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
89
75
67
69
Price/Earnings
82
88
73
62
Price/Book
85
87
68
96
Dividend Yield
97
89
79
78
Value (overall)
98
97
90
85

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →