MILLER INDUSTRIES INC /TN/ (MLR)
Truck & Bus Bodies
Latest Price
$54.70
TTM P/E
44.11
Normalized P/E
17.59
Div Yield
1.50%
Book Value
36.91
P/B Ratio
1.48
Valuation metrics
adjust assumptions →EPS: $1.98
Book value / share: $36.98
Formula: √(22.5 × EPS × BVPS)
Graham Number
$40.59
26% downside
Norm. op. income: $39M (median of 7yr)
Tax rate: 22%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$28.27
48% downside
Base FCF: $6M (median of recent 5yr)
Growth: 25%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$41.24
25% downside
EPS: $1.98
Target P/E: 18×
Formula: EPS × P/E
P/E Fair Value
$35.64
35% downside
Institutional Ownership
92.7% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| FMR LLC | 1.33M | $67.0M | 11.69% | +339 | 2026-06-30 |
| NEUBERGER BERMAN GROUP LLC | 1.13M | $57.0M | 9.95% | +37.1K | 2026-06-30 |
| BlackRock, Inc. | 1.03M | $52.0M | 9.07% | +221.6K | 2026-06-30 |
| DIMENSIONAL FUND ADVISORS LP | 692.7K | $35.0M | 6.10% | +3.2K | 2026-06-30 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 518.7K | $26.0M | 4.57% | -2.3K | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT LLC | 488.1K | $24.0M | 4.30% | -8.3K | 2026-06-30 |
| SYSTEMATIC FINANCIAL MANAGEMENT LP | 461.0K | $23.0M | 4.06% | +14.7K | 2026-06-30 |
| AMERICAN CENTURY COMPANIES INC | 309.5K | $15.0M | 2.73% | +234.8K | 2026-06-30 |
| GOLDMAN SACHS GROUP INC | 305.0K | $15.0M | 2.69% | -8.8K | 2026-06-30 |
| FIRST WILSHIRE SECURITIES MANAGEMENT INC | 295.9K | $15.0M | 2.61% | -3.1K | 2026-06-30 |