Critical Contrast: Miller Industries (MLR) & Its Competitors

Miller Industries (NYSE:MLR) is one of 7 publicly-traded companies in the “Truck & bus bodies” industry, but how does it weigh in compared to its peers? We will compare Miller Industries to related businesses based on the strength of its dividends, institutional ownership, earnings, risk, analyst recommendations, profitability and valuation.

Analyst Ratings

This is a summary of current recommendations and price targets for Miller Industries and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Miller Industries	0	0	0	0	N/A
Miller Industries Competitors	13	24	54	1	2.47

As a group, “Truck & bus bodies” companies have a potential upside of 90.82%. Given Miller Industries’ peers higher possible upside, analysts plainly believe Miller Industries has less favorable growth aspects than its peers.

Dividends

Miller Industries pays an annual dividend of $0.72 per share and has a dividend yield of 1.8%. Miller Industries pays out 21.4% of its earnings in the form of a dividend. As a group, “Truck & bus bodies” companies pay a dividend yield of 1.8% and pay out 21.4% of their earnings in the form of a dividend.

Profitability

This table compares Miller Industries and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Miller Industries	3.81%	12.89%	7.21%
Miller Industries Competitors	-1,506.61%	-578.86%	-25.55%

Volatility & Risk

Miller Industries has a beta of 1.03, indicating that its stock price is 3% more volatile than the S&P 500. Comparatively, Miller Industries’ peers have a beta of 1.90, indicating that their average stock price is 90% more volatile than the S&P 500.

Valuation & Earnings

This table compares Miller Industries and its peers top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Miller Industries	$848.46 million	$20.35 million	11.68
Miller Industries Competitors	$339.20 million	-$41.30 million	-7.01

Miller Industries has higher revenue and earnings than its peers. Miller Industries is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Institutional and Insider Ownership

77.1% of Miller Industries shares are held by institutional investors. Comparatively, 21.4% of shares of all “Truck & bus bodies” companies are held by institutional investors. 3.9% of Miller Industries shares are held by company insiders. Comparatively, 27.1% of shares of all “Truck & bus bodies” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Summary

Miller Industries beats its peers on 7 of the 10 factors compared.

Miller Industries Company Profile

Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flatbed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment. It also provides transport trailers for moving various vehicles for auto auctions, car dealerships, leasing companies, and other related applications. The company markets its products under the Century, Vulcan, Challenger, Holmes, Champion, Chevron, Eagle, Titan, Jige, and Boniface brands. Miller Industries, Inc. sells its products through independent distributors in the United States, Canada, Mexico, Europe, the Pacific Rim, the Middle East, South America, and Africa; and through prime contractors to governmental entities. Miller Industries, Inc. was incorporated in 1990 and is based in Ooltewah, Tennessee.