M

MillerKnoll Inc
F:MHR

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MillerKnoll Inc
F:MHR
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Price: 14.1 EUR 6.02%
Market Cap: 984.6m EUR

Relative Value

The Relative Value of one MHR stock under the Base Case scenario is 44.81 EUR. Compared to the current market price of 14.1 EUR, MillerKnoll Inc is Undervalued by 69%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MHR Relative Value
Base Case
44.81 EUR
Undervaluation 69%
Relative Value
Price
M
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
92
vs Industry
77
Median 3Y
0.5
Median 5Y
0.5
Industry
1.1
Forward
0.3
vs History
22
vs Industry
23
Median 3Y
24.4
Median 5Y
21.7
Industry
15.1
Forward
8.7
vs History
76
vs Industry
46
Median 3Y
6
Median 5Y
6.5
Industry
8.8
vs History
44
vs Industry
42
Median 3Y
12.9
Median 5Y
7.8
Industry
14.9
vs History
92
vs Industry
58
Median 3Y
1.2
Median 5Y
1.4
Industry
1.5
vs History
82
vs Industry
61
Median 3Y
0.8
Median 5Y
0.8
Industry
1.4
Forward
0.6
vs History
85
vs Industry
66
Median 3Y
2
Median 5Y
2
Industry
4
vs History
23
vs Industry
38
Median 3Y
8.4
Median 5Y
8.1
Industry
8
Forward
5.8
vs History
19
vs Industry
28
Median 3Y
14.7
Median 5Y
14.4
Industry
11.5
Forward
8.2
vs History
41
vs Industry
30
Median 3Y
11.1
Median 5Y
8.2
Industry
9.6
vs History
25
vs Industry
20
Median 3Y
10.6
Median 5Y
9
Industry
12.6
vs History
92
vs Industry
61
Median 3Y
0.8
Median 5Y
0.8
Industry
1.1

Multiples Across Competitors

MHR Competitors Multiples
MillerKnoll Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
MillerKnoll Inc
F:MHR
1.1B EUR 0.3 36.1 10.5 35.3
US
MSA Safety Inc
NYSE:MSA
5.9B USD 3.2 20.6 13.2 15.3
CN
Shanghai M&G Stationery Inc
SSE:603899
28.8B CNY 1.2 20.6 13.7 13.7
FR
Societe BIC SA
PAR:BB
2.2B EUR 1 10.2 4.6 6.7
JP
Kokuyo Co Ltd
TSE:7984
324.9B JPY 1 14.9 6.6 9.2
US
HNI Corp
NYSE:HNI
2B USD 0.8 14 7 10.5
US
Pitney Bowes Inc
NYSE:PBI
1.5B USD 0.7 -7.4 10.9 19
JP
Okamura Corp
TSE:7994
183.4B JPY 0.6 9.7 6.8 9
US
Steelcase Inc
NYSE:SCS
1.1B USD 0.4 10 4.3 6.1
US
Interface Inc
NASDAQ:TILE
1.1B USD 0.8 12.3 7.1 9.5
JP
Pilot Corp
TSE:7846
150.8B JPY 1.2 9.9 4.9 6.3
P/E Multiple
Earnings Growth PEG
US
M
MillerKnoll Inc
F:MHR
Average P/E: 15.8
36.1
26%
1.4
US
MSA Safety Inc
NYSE:MSA
20.6
9%
2.3
CN
Shanghai M&G Stationery Inc
SSE:603899
20.6
14%
1.5
FR
Societe BIC SA
PAR:BB
10.2
9%
1.1
JP
Kokuyo Co Ltd
TSE:7984
14.9
13%
1.1
US
HNI Corp
NYSE:HNI
14
10%
1.4
US
Pitney Bowes Inc
NYSE:PBI
Negative Multiple: -7.4 N/A N/A
JP
Okamura Corp
TSE:7994
9.7
2%
4.9
US
Steelcase Inc
NYSE:SCS
10
23%
0.4
US
Interface Inc
NASDAQ:TILE
12.3
11%
1.1
JP
Pilot Corp
TSE:7846
9.9
8%
1.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
M
MillerKnoll Inc
F:MHR
Average EV/EBITDA: 8.1
10.5
4%
2.6
US
MSA Safety Inc
NYSE:MSA
13.2
5%
2.6
CN
Shanghai M&G Stationery Inc
SSE:603899
13.7
21%
0.7
FR
Societe BIC SA
PAR:BB
4.6
5%
0.9
JP
Kokuyo Co Ltd
TSE:7984
6.6
13%
0.5
US
HNI Corp
NYSE:HNI
7
5%
1.4
US
Pitney Bowes Inc
NYSE:PBI
10.9
N/A N/A
JP
Okamura Corp
TSE:7994
6.8
4%
1.7
US
Steelcase Inc
NYSE:SCS
4.3
11%
0.4
US
Interface Inc
NASDAQ:TILE
7.1
11%
0.6
JP
Pilot Corp
TSE:7846
4.9
11%
0.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
M
MillerKnoll Inc
F:MHR
Average EV/EBIT: 12.8
35.3
12%
2.9
US
MSA Safety Inc
NYSE:MSA
15.3
6%
2.5
CN
Shanghai M&G Stationery Inc
SSE:603899
13.7
N/A N/A
FR
Societe BIC SA
PAR:BB
6.7
7%
1
JP
Kokuyo Co Ltd
TSE:7984
9.2
N/A N/A
US
HNI Corp
NYSE:HNI
10.5
8%
1.3
US
Pitney Bowes Inc
NYSE:PBI
19
N/A N/A
JP
Okamura Corp
TSE:7994
9
N/A N/A
US
Steelcase Inc
NYSE:SCS
6.1
15%
0.4
US
Interface Inc
NASDAQ:TILE
9.5
10%
0.9
JP
Pilot Corp
TSE:7846
6.3
N/A N/A