Miller Industries Stock Retained Earnings

MLR Stock

USD 74.31 0.88 1.20%

Miller Industries fundamentals help investors to digest information that contributes to Miller Industries' financial success or failures. It also enables traders to predict the movement of Miller Stock. The fundamental analysis module provides a way to measure Miller Industries' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Miller Industries stock.

	Last Reported	Projected for Next Year
Retained Earnings	200.2 M	210.2 M
Retained Earnings Total Equity	172.6 M	181.3 M

As of 12/03/2024, Retained Earnings is likely to grow to about 210.2 M. Also, Retained Earnings Total Equity is likely to grow to about 181.3 M.

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Miller Industries Company Retained Earnings Analysis

Miller Industries' Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

Retained Earnings

Beginning RE + Income

-

Dividends

More About Retained Earnings | All Equity Analysis

Current Miller Industries Retained Earnings

200.16 M

Most of Miller Industries' fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Miller Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Miller Retained Earnings Driver Correlations

Understanding the fundamental principles of building solid financial models for Miller Industries is extremely important. It helps to project a fair market value of Miller Stock properly, considering its historical fundamentals such as Retained Earnings. Since Miller Industries' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Miller Industries' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Miller Industries' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Good Will	Long Term Debt	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Short Term Investments	Capital Surpluse	Deferred Long Term Liab	Long Term Debt Total	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.98	0.59	0.96	0.98	0.98	0.97	1.0	-0.47	0.62	-0.21	0.11	-0.49	0.84	0.54	0.82	0.79	0.83	0.88	0.79	-0.77	0.51	0.88	0.87	-0.72
Total Stockholder Equity	0.98		0.42	0.94	0.92	0.93	0.9	0.96	-0.47	0.68	-0.36	-0.07	-0.6	0.8	0.38	0.85	0.85	0.73	0.82	0.66	-0.8	0.57	0.83	0.82	-0.61
Net Debt	0.59	0.42		0.59	0.67	0.67	0.74	0.61	-0.38	0.04	0.47	0.74	0.2	0.71	0.8	0.39	0.29	0.73	0.58	0.87	-0.45	-0.05	0.62	0.62	-0.71
Retained Earnings	0.96	0.94	0.59		0.93	0.92	0.92	0.94	-0.59	0.44	-0.03	0.25	-0.29	0.94	0.56	0.9	0.82	0.77	0.92	0.73	-0.85	0.63	0.92	0.91	-0.67
Accounts Payable	0.98	0.92	0.67	0.93		0.99	0.99	0.98	-0.43	0.55	-0.08	0.22	-0.38	0.85	0.63	0.77	0.72	0.87	0.87	0.81	-0.72	0.46	0.86	0.85	-0.78
Net Receivables	0.98	0.93	0.67	0.92	0.99		0.98	0.98	-0.41	0.59	-0.13	0.17	-0.43	0.83	0.62	0.75	0.75	0.87	0.83	0.8	-0.73	0.4	0.84	0.83	-0.78
Total Liab	0.97	0.9	0.74	0.92	0.99	0.98		0.98	-0.44	0.53	-0.04	0.29	-0.35	0.85	0.68	0.75	0.68	0.89	0.88	0.88	-0.7	0.42	0.88	0.87	-0.8
Total Current Assets	1.0	0.96	0.61	0.94	0.98	0.98	0.98		-0.42	0.63	-0.19	0.13	-0.48	0.82	0.58	0.78	0.75	0.85	0.88	0.81	-0.72	0.49	0.87	0.87	-0.76
Short Term Debt	-0.47	-0.47	-0.38	-0.59	-0.43	-0.41	-0.44	-0.42		-0.03	-0.15	-0.3	-0.05	-0.7	-0.28	-0.6	-0.4	-0.29	-0.45	-0.36	0.78	-0.3	-0.52	-0.52	0.26
Intangible Assets	0.62	0.68	0.04	0.44	0.55	0.59	0.53	0.63	-0.03		-0.72	-0.5	-0.83	0.22	0.03	0.22	0.49	0.31	0.35	0.34	-0.33	0.13	0.23	0.22	-0.49
Good Will	-0.21	-0.36	0.47	-0.03	-0.08	-0.13	-0.04	-0.19	-0.15	-0.72		0.91	0.93	0.2	0.61	-0.11	-0.34	0.16	0.11	0.17	0.14	0.01	0.09	0.09	-0.23
Long Term Debt	0.11	-0.07	0.74	0.25	0.22	0.17	0.29	0.13	-0.3	-0.5	0.91		0.77	0.47	0.74	0.12	-0.11	0.37	0.38	0.52	-0.11	0.06	0.36	0.36	-0.44
Common Stock	-0.49	-0.6	0.2	-0.29	-0.38	-0.43	-0.35	-0.48	-0.05	-0.83	0.93	0.77		-0.03	0.28	-0.31	-0.47	-0.22	-0.16	-0.13	0.28	-0.12	-0.21	-0.21	0.08
Property Plant Equipment	0.84	0.8	0.71	0.94	0.85	0.83	0.85	0.82	-0.7	0.22	0.2	0.47	-0.03		0.61	0.85	0.72	0.71	0.84	0.72	-0.87	0.53	0.86	0.85	-0.62
Current Deferred Revenue	0.54	0.38	0.8	0.56	0.63	0.62	0.68	0.58	-0.28	0.03	0.61	0.74	0.28	0.61		0.3	0.15	0.83	0.66	0.74	-0.25	0.25	0.61	0.61	-0.88
Net Tangible Assets	0.82	0.85	0.39	0.9	0.77	0.75	0.75	0.78	-0.6	0.22	-0.11	0.12	-0.31	0.85	0.3		0.82	0.64	0.78	0.53	-0.86	0.67	0.9	0.9	-0.31
Short Term Investments	0.79	0.85	0.29	0.82	0.72	0.75	0.68	0.75	-0.4	0.49	-0.34	-0.11	-0.47	0.72	0.15	0.82		0.49	0.6	0.41	-0.83	0.46	0.67	0.66	-0.33
Capital Surpluse	0.83	0.73	0.73	0.77	0.87	0.87	0.89	0.85	-0.29	0.31	0.16	0.37	-0.22	0.71	0.83	0.64	0.49		0.78	0.82	-0.49	0.39	0.84	0.84	-0.81
Deferred Long Term Liab	0.88	0.82	0.58	0.92	0.87	0.83	0.88	0.88	-0.45	0.35	0.11	0.38	-0.16	0.84	0.66	0.78	0.6	0.78		0.79	-0.6	0.68	0.93	0.92	-0.72
Long Term Debt Total	0.79	0.66	0.87	0.73	0.81	0.8	0.88	0.81	-0.36	0.34	0.17	0.52	-0.13	0.72	0.74	0.53	0.41	0.82	0.79		-0.49	0.21	0.8	0.79	-0.78
Short Long Term Debt	-0.77	-0.8	-0.45	-0.85	-0.72	-0.73	-0.7	-0.72	0.78	-0.33	0.14	-0.11	0.28	-0.87	-0.25	-0.86	-0.83	-0.49	-0.6	-0.49		-0.41	-0.7	-0.7	0.35
Cash And Equivalents	0.51	0.57	-0.05	0.63	0.46	0.4	0.42	0.49	-0.3	0.13	0.01	0.06	-0.12	0.53	0.25	0.67	0.46	0.39	0.68	0.21	-0.41		0.63	0.63	-0.26
Net Invested Capital	0.88	0.83	0.62	0.92	0.86	0.84	0.88	0.87	-0.52	0.23	0.09	0.36	-0.21	0.86	0.61	0.9	0.67	0.84	0.93	0.8	-0.7	0.63		1.0	-0.59
Net Working Capital	0.87	0.82	0.62	0.91	0.85	0.83	0.87	0.87	-0.52	0.22	0.09	0.36	-0.21	0.85	0.61	0.9	0.66	0.84	0.92	0.79	-0.7	0.63	1.0		-0.58
Capital Stock	-0.72	-0.61	-0.71	-0.67	-0.78	-0.78	-0.8	-0.76	0.26	-0.49	-0.23	-0.44	0.08	-0.62	-0.88	-0.31	-0.33	-0.81	-0.72	-0.78	0.35	-0.26	-0.59	-0.58

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Miller Retained Earnings Historical Pattern

Today, most investors in Miller Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Miller Industries' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's retained earnings growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Miller Industries retained earnings as a starting point in their analysis.

Miller Industries Retained Earnings

Timeline

Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.

Competition

Predict Miller Industries

Retained Earnings Over Time

Based on the latest financial disclosure, Miller Industries has a Retained Earnings of 200.16 M. This is 99.49% lower than that of the Machinery sector and 49.73% lower than that of the Industrials industry. The retained earnings for all United States stocks is 97.85% higher than that of the company.

Miller Retained Earnings Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Miller Industries' direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Miller Industries could also be used in its relative valuation, which is a method of valuing Miller Industries by comparing valuation metrics of similar companies.

Miller Industries is currently under evaluation in retained earnings category among its peers.

Miller Industries ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Miller Industries' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Miller Industries' managers, analysts, and investors.

Environmental

Governance

Social

Miller Fundamentals

	Return On Equity	0.19
	Return On Asset	0.0861
	Profit Margin	0.05 %
	Operating Margin	0.06 %
	Current Valuation	867.16 M
	Shares Outstanding	11.45 M
	Shares Owned By Insiders	4.32 %
	Shares Owned By Institutions	86.14 %
	Number Of Shares Shorted	530.62 K
	Price To Earning	10.55 X
	Price To Book	2.13 X
	Price To Sales	0.65 X
	Revenue	1.15 B
	Gross Profit	82.42 M
	EBITDA	93 M
	Net Income	58.29 M
	Cash And Equivalents	40.15 M
	Cash Per Share	2.73 X
	Total Debt	60.83 M
	Debt To Equity	0.14 %
	Current Ratio	2.27 X
	Book Value Per Share	34.55 X
	Cash Flow From Operations	10.96 M
	Short Ratio	7.23 X
	Earnings Per Share	5.58 X
	Target Price	78.0
	Number Of Employees	1.8 K
	Beta	0.96
	Market Capitalization	877.71 M
	Total Asset	647.21 M
	Retained Earnings	200.16 M
	Working Capital	275.76 M
	Current Asset	219.26 M
	Current Liabilities	94.49 M
	Annual Yield	0.01 %
	Five Year Return	2.40 %
	Net Asset	647.21 M
	Last Dividend Paid	0.76

About Miller Industries Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Miller Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Miller Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Miller Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Miller Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Miller Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Miller Industries will appreciate offsetting losses from the drop in the long position's value.

Moving against Miller Stock

0.88	EBET	Ebet Inc	Pair Corr
0.68	EFSH	1847 Holdings LLC	Pair Corr
0.68	SLDP	Solid Power	Pair Corr
0.62	WPRT	Westport Fuel Systems	Pair Corr
0.48	EMAX	Ecomax Inc	Pair Corr

The ability to find closely correlated positions to Miller Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Miller Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Miller Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Miller Industries to buy it.

The correlation of Miller Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Miller Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Miller Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Miller Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Miller Stock Analysis

When running Miller Industries' price analysis, check to measure Miller Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Miller Industries is operating at the current time. Most of Miller Industries' value examination focuses on studying past and present price action to predict the probability of Miller Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Miller Industries' price. Additionally, you may evaluate how the addition of Miller Industries to your portfolios can decrease your overall portfolio volatility.

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