Miller Industries, Inc.
Rank #359HypergrowthMLR · NYSE · Consumer Cyclical
Miller Industries, Inc. (MLR) — Rank #359 by gross profitability (GP/assets 0.20) · ROE 5.5% · Piotroski F-Score N/A.
As-of 2026-09-15 · CIK 0000924822 · all metrics point-in-time as of the filing date.
About
Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment.
Show moreShow less
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.
- Industry
- Auto Parts
- Sector
- Consumer Cyclical
- State
- TN
- Filer Category
- Accelerated filer
- Fiscal Year End
- December 31
- Website
- millerind.com
Price History
Company Snapshot
P/S is the primary valuation lens — earnings are reinvested, not available for P/E.
Market Cap
$616.82M
P/E (annual)
27.4
P/S (annual)
0.8
P/B
1.5
P/OCF (annual)
6.2
Shareholder Yield
-0.6%
Employees
1,527
Industry
Auto Parts
Exchange
NYSE
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
3/3 passGrowth
1/2 passTerry Smith quality gate
Passes 1/5 Terry Smith thresholds3 of 5 thresholds not computable from filed data.
What Growth Is Priced In
Implied revenue growth (10Y)
-6.1%
The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).
Dilution drag: 2.1% — per-share value needs a total required return of -4.0% once share-count change is priced in.
vs. own 6-year median revenue growth: 10.4%
within its own historyCost-of-equity sensitivity (implied growth at different discount rates)
r = 8%
-9.6%
r = 10% (base)
-6.1%
r = 12%
-3.1%
Net debt / market cap: -8.3%
Valuation History
Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.
P / E
Price / diluted EPS
P / S
Price / revenue per share
P / B
Price / book value per share
P / GP
Price / gross profit per share
P / FCF
Price / free cash flow per share
Revenue growth and the path to profitability (margin trend) are the primary reads at this stage.
Profitability
Gross profitability (GP / assets)
0.20
Primary signal (Novy-Marx).
52nd pctl of 22 SIC 37 peers
Return on equity
5.5%
Gross margin
15.2%
19th pctl of 22 SIC 37 peers
Revenue growth (YoY)
31.5%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
—
Revenue CAGR (5Y)
—
Earnings CAGR (3Y)
4.2%
FCF CAGR (3Y)
—
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
0.45
95th pctl of 21 SIC 37 peers (best = lowest)
Current ratio
2.46×
57th pctl of 22 SIC 37 peers
Quick ratio
—
Net cash
$52.47M
Cash & equivalents minus total debt.
Cash-flow health
Free cash flow
$85.01M
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
2.69
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
0.7%
Stock-based comp intensity.
Dividend safety
Composite score
4.0 / 5
Piotroski F-Score
F-Score
N/A
Only 8/9 components determinable.