M

MillerKnoll Inc
NASDAQ:MLKN

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MillerKnoll Inc
NASDAQ:MLKN
Watchlist
Price: 16.63 USD -0.54% Market Closed
Market Cap: 1.1B USD

Relative Value

The Relative Value of one MLKN stock under the Base Case scenario is 50.54 USD. Compared to the current market price of 16.63 USD, MillerKnoll Inc is Undervalued by 67%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MLKN Relative Value
Base Case
50.54 USD
Undervaluation 67%
Relative Value
Price
M
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
90
vs Industry
77
Median 3Y
0.4
Median 5Y
0.5
Industry
1.1
Forward
0.3
vs History
20
vs Industry
23
Median 3Y
24.6
Median 5Y
22.3
Industry
15.6
Forward
9.1
vs History
69
vs Industry
46
Median 3Y
6
Median 5Y
6.5
Industry
9
vs History
41
vs Industry
42
Median 3Y
12.9
Median 5Y
7.8
Industry
15.8
vs History
90
vs Industry
58
Median 3Y
1.2
Median 5Y
1.4
Industry
1.5
vs History
80
vs Industry
61
Median 3Y
0.7
Median 5Y
0.8
Industry
1.4
Forward
0.6
vs History
84
vs Industry
66
Median 3Y
2
Median 5Y
2
Industry
4.1
vs History
23
vs Industry
38
Median 3Y
8.4
Median 5Y
8.2
Industry
7.9
Forward
5.9
vs History
19
vs Industry
28
Median 3Y
14.8
Median 5Y
14.4
Industry
11.5
Forward
9.5
vs History
41
vs Industry
30
Median 3Y
10.2
Median 5Y
8.3
Industry
9.6
vs History
23
vs Industry
20
Median 3Y
10.6
Median 5Y
9
Industry
12.7
vs History
90
vs Industry
61
Median 3Y
0.8
Median 5Y
0.8
Industry
1.1

Multiples Across Competitors

MLKN Competitors Multiples
MillerKnoll Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
MillerKnoll Inc
NASDAQ:MLKN
1.1B USD 0.3 37.4 10.6 35.8
US
MSA Safety Inc
NYSE:MSA
6.1B USD 3.4 21.6 13.8 16
CN
Shanghai M&G Stationery Inc
SSE:603899
27.2B CNY 1.1 20.4 13.5 13.5
FR
Societe BIC SA
PAR:BB
2.3B EUR 1.1 11.1 4.9 6.7
JP
Kokuyo Co Ltd
TSE:7984
335.2B JPY 1 16.9 6.8 9.2
US
HNI Corp
NYSE:HNI
2.1B USD 0.8 14.8 7.3 11
US
Pitney Bowes Inc
NYSE:PBI
1.7B USD 0.8 -8.1 11.5 19.9
JP
Okamura Corp
TSE:7994
186.7B JPY 0.6 9.9 7 9.2
US
Steelcase Inc
NYSE:SCS
1.2B USD 0.4 10.4 4.4 6.3
US
Interface Inc
NASDAQ:TILE
1.1B USD 0.9 12.9 7.4 9.9
JP
Pilot Corp
TSE:7846
152.2B JPY 1.2 10 4.9 6.3
P/E Multiple
Earnings Growth PEG
US
M
MillerKnoll Inc
NASDAQ:MLKN
Average P/E: 16.5
37.4
26%
1.4
US
MSA Safety Inc
NYSE:MSA
21.6
9%
2.4
CN
Shanghai M&G Stationery Inc
SSE:603899
20.4
14%
1.5
FR
Societe BIC SA
PAR:BB
11.1
9%
1.2
JP
Kokuyo Co Ltd
TSE:7984
16.9
13%
1.3
US
HNI Corp
NYSE:HNI
14.8
10%
1.5
US
Pitney Bowes Inc
NYSE:PBI
Negative Multiple: -8.1 N/A N/A
JP
Okamura Corp
TSE:7994
9.9
2%
5
US
Steelcase Inc
NYSE:SCS
10.4
24%
0.4
US
Interface Inc
NASDAQ:TILE
12.9
11%
1.2
JP
Pilot Corp
TSE:7846
10
8%
1.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
M
MillerKnoll Inc
NASDAQ:MLKN
Average EV/EBITDA: 8.4
10.6
4%
2.7
US
MSA Safety Inc
NYSE:MSA
13.8
5%
2.8
CN
Shanghai M&G Stationery Inc
SSE:603899
13.5
21%
0.6
FR
Societe BIC SA
PAR:BB
4.9
5%
1
JP
Kokuyo Co Ltd
TSE:7984
6.8
13%
0.5
US
HNI Corp
NYSE:HNI
7.3
5%
1.5
US
Pitney Bowes Inc
NYSE:PBI
11.5
N/A N/A
JP
Okamura Corp
TSE:7994
7
4%
1.7
US
Steelcase Inc
NYSE:SCS
4.4
11%
0.4
US
Interface Inc
NASDAQ:TILE
7.4
11%
0.7
JP
Pilot Corp
TSE:7846
4.9
11%
0.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
M
MillerKnoll Inc
NASDAQ:MLKN
Average EV/EBIT: 13.1
35.8
10%
3.6
US
MSA Safety Inc
NYSE:MSA
16
6%
2.7
CN
Shanghai M&G Stationery Inc
SSE:603899
13.5
12%
1.1
FR
Societe BIC SA
PAR:BB
6.7
5%
1.3
JP
Kokuyo Co Ltd
TSE:7984
9.2
N/A N/A
US
HNI Corp
NYSE:HNI
11
8%
1.4
US
Pitney Bowes Inc
NYSE:PBI
19.9
N/A N/A
JP
Okamura Corp
TSE:7994
9.2
N/A N/A
US
Steelcase Inc
NYSE:SCS
6.3
15%
0.4
US
Interface Inc
NASDAQ:TILE
9.9
13%
0.8
JP
Pilot Corp
TSE:7846
6.3
N/A N/A