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Company Analysis

MillerKnoll, Inc. MLKN

A comprehensive view of key metrics, scores, and financial health for MillerKnoll, Inc.

Overview of MillerKnoll, Inc.

MLKN NMS
Consumer Cyclical Furnishings, Fixtures & Appliances Small Cap
MillerKnoll, Inc. (MLKN), is a Small Cap company, in the Furnishings, Fixtures & Appliances industry, last closed at $17.17, about 353.3% undervalued vs fair value, +4.4% 1Y return, placing in the top 25% of its sector.
Metrics Rev Growth 1.1% ROE -2.8% Gross Margin 38.8% Div Yield 3.39%
$17.17
-0.29%
As of April 28, 2026
Previous close • Vol 90d: 57.4%
52-Week Range
Market Cap
$1.17B
Enterprise Value
$2.81B
Overall Score
View breakdown
Overall
Growth
Fair
Profitability
Good
Health
Fair
Efficiency
Fair
Valuation
Good
Growth
Fair
Profitability
Good
Health
Fair
Efficiency
Fair
Valuation
Good
Completeness: 82%
Confidence: 55%
Updated: Mar 8
Top Beats

Quick Facts

Website https://www.millerknoll.com
HQ Zeeland, MI
Employees 10,382
Fiscal year May 31

Next Events

Earnings Jun 24 Estimated

Fair Value Snapshot

Bear Base Bull
$68
$78
$89
Current: $17.17 +353% vs base

Engine Room Money Flow™

Small Cap

Corporate Free Cash Flow - Where revenue goes and how value is created

Flow Steps
Revenue
$3.7B
1.1%%
Gross Profit
$1.4B
0.2%%
Operating Income
$195.3M
-9.1%%
Net Income
$-36.9M
-144.8%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Corporate Free Cash Flow

Quality & Reliability Indicators

Cash Conversion Ratio
-275.6%
Poor

FCF / Net Income - measures how well earnings convert to cash

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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$150.9M
148.4% of FCF

Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
8
Active Leaks
2/8
Improving
0
High Impact
3
Critical
Locked Leak
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Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating MillerKnoll, Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
56
/100
Moderate
Scores based on quantitative metrics and qualitative factors

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Pricing Power

Moderate
60
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Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Generic Industrial / Default vs Industry Peers 95% Coverage
Trade-Off Triangle Visualization A ternary plot showing MLKN's balance between Growth (33.1%), Profitability (33.0%), and Safety (33.9%). Growth 33% Safety 34% Profitability 33%

Click axes to expand details. Marker shows current allocation.

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Growth

52th percentile vs peers
53
Key Signals
Rev Growth YoY 1.1% 64p Revenue CAGR 3Y -2.4% 74p TSR -16.2% 43p EPS Growth YoY -1.48 13p
Strengths
  • Net Debt/EBITDA in top 20% of peers (8.29, 81th percentile)
  • Debt/FCF Ratio in top 20% of peers (17.82, 87th percentile)
  • Conservative leverage compared to industry peers
Risks
  • EPS Growth YoY in bottom 20% of peers (-1.48)

Profitability

52th percentile vs peers
53
Key Signals
Strengths
Risks
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Safety

54th percentile vs peers
54
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for MillerKnoll, Inc..

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$77.84
- - -
+353.3% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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