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Upturn AI SWOT - About
MLR 
Miller Industries Inc (MLR)
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Upturn Advisory Summary
04/01/2025: MLR (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 1.85% | Avg. Invested days 35 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 877.71M USD | Price to earnings Ratio - | 1Y Target Price 78 |
Price to earnings Ratio - | 1Y Target Price 78 | ||
Volume (30-day avg) 166918 | Beta 0.95 | 52 Weeks Range 41.19 - 77.70 | Updated Date 03/30/2025 |
52 Weeks Range 41.19 - 77.70 | Updated Date 03/30/2025 | ||
Dividends yield (FY) 0.99% | Basic EPS (TTM) 5.58 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-03-04 | When After Market | Estimate 1.21 | Actual 0.9079 |
Profitability
Profit Margin 5.23% | Operating Margin (TTM) 6.37% |
Management Effectiveness
Return on Assets (TTM) 8.61% | Return on Equity (TTM) 19.15% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 525890802 | Price to Sales(TTM) 0.39 |
Enterprise Value 525890802 | Price to Sales(TTM) 0.39 | ||
Enterprise Value to Revenue 0.42 | Enterprise Value to EBITDA 5.36 | Shares Outstanding 11453800 | Shares Floating 10935849 |
Shares Outstanding 11453800 | Shares Floating 10935849 | ||
Percent Insiders 4.32 | Percent Institutions 86.14 |
Analyst Ratings
Rating 4 | Target Price 78 | Buy - | Strong Buy 1 |
Buy - | Strong Buy 1 | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Miller Industries Inc
Company Overview
History and Background
Miller Industries, Inc. was founded in 1991 and is headquartered in Ooltewah, Tennessee. It is a leading manufacturer of towing and recovery equipment, serving the domestic and international markets. The company has grown through acquisitions and organic growth to become a dominant player in the industry.
Core Business Areas
- Domestic Towing Equipment: Manufactures and sells towing and recovery equipment in North America. Brands include Century, Holmes, and Vulcan.
- International Towing Equipment: Manufactures and sells towing and recovery equipment in international markets.
- Aftermarket Parts: Sells aftermarket parts for towing and recovery equipment.
Leadership and Structure
William F. Miller, II serves as the CEO. The company has a typical corporate structure with various departments responsible for manufacturing, sales, marketing, and finance.
Top Products and Market Share
Key Offerings
- Wreckers: Heavy-duty towing and recovery vehicles used for recovering disabled or wrecked vehicles. Market share is estimated to be significant within North America, but exact figures are hard to come by. Competitors include Jerr-Dan (an Oshkosh company) and NRC Industries.
- Car Carriers: Vehicles designed to transport cars and other vehicles. Market share is also considerable. Competitors include Jerr-Dan (an Oshkosh company) and Landoll.
- Rotators: Specialized heavy-duty wreckers with rotating booms, used for complex recovery operations. Market share is a smaller portion of the total market but Miller Industries is a key player. Competitors include Jerr-Dan (an Oshkosh company).
Market Dynamics
Industry Overview
The towing and recovery equipment industry is driven by vehicle sales, traffic accidents, and infrastructure development. The industry is moderately cyclical and affected by economic conditions.
Positioning
Miller Industries is a leading player in the towing and recovery equipment industry, known for its wide range of products, brand recognition, and extensive distribution network. They have a competitive advantage due to their scale and established relationships.
Total Addressable Market (TAM)
The TAM is estimated to be in the billions of dollars annually, encompassing new equipment sales, aftermarket parts, and service. Miller Industries captures a significant portion of this TAM through its diverse product offerings and strong market presence.
Upturn SWOT Analysis
Strengths
- Leading market share
- Wide range of products
- Strong brand recognition
- Extensive distribution network
- Experienced management team
Weaknesses
- Cyclical business
- Dependence on North American market
- Potential for product liability claims
- Raw material price fluctuations
Opportunities
- Expansion into new geographic markets
- Development of new products and technologies
- Acquisitions of smaller competitors
- Increased demand for towing services due to urbanization
Threats
- Economic downturns
- Increased competition
- Changes in government regulations
- Rising fuel costs
Competitors and Market Share
Key Competitors
- OSK
- NWCM
Competitive Landscape
Miller Industries has a competitive advantage due to its scale, brand recognition, and extensive distribution network. However, competitors like Oshkosh (Jerr-Dan) have significant resources and are also strong players.
Major Acquisitions
Recovered Assets Corp.
- Year: 2008
- Acquisition Price (USD millions): 26
- Strategic Rationale: Expanded market reach into the used equipment segment.
Growth Trajectory and Initiatives
Historical Growth: Miller Industries has experienced steady growth over the past decade, driven by both organic growth and acquisitions.
Future Projections: Analysts project continued growth for Miller Industries, driven by demand for towing and recovery services and expansion into new markets.
Recent Initiatives: Recent strategic initiatives include investments in new product development, expansion of the distribution network, and acquisitions of smaller competitors.
Summary
Miller Industries is a strong player in the towing and recovery equipment industry, benefiting from its leading market share and wide product range. Recent financial performance indicates improved profitability and growth. However, the company is exposed to cyclical economic conditions and faces competition from larger players. Management has done a decent job navigating a tricky market.
Similar Companies
- OSK
- NWCM
- WAB
Sources and Disclaimers
Data Sources:
- Company Filings (10-K, 10-Q)
- Investor Relations Materials
- Analyst Reports
- Industry Publications
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Market share data is based on estimates and may not be precise. Financial data is based on publicly available information and may be subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Miller Industries Inc
Exchange NYSE | Headquaters Ooltewah, TN, United States | ||
IPO Launch date 1994-08-02 | President, CEO & Director Mr. William G. Miller II | ||
Sector Consumer Cyclical | Industry Auto Parts | Full time employees 1690 | Website https://www.millerind.com |
Full time employees 1690 | Website https://www.millerind.com | ||
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 flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment. It also provides transport trailers for moving multiple vehicles for auto auctions, car dealerships, leasing companies, and other similar operations. The company markets its products under the Century, Vulcan, Challenger, Holmes, Champion, Chevron, Eagle, Titan, Jige, and Boniface brands. It sells its products through independent distributors in North America, and Canada, Mexico; and through prime contractors to governmental entities. Miller Industries, Inc. was incorporated in 1990 and is headquartered in Ooltewah, Tennessee.
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