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Miller IndustriesMLR +1.23%87 EV-to-OCF is 4.38 as of Jul. 24, 2026, which is 66% below its 10-year median of 12.85. GuruFocus rates MLR with a GF Score™ of 87/100 and a GF Value™ of $34.18 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,328 Vehicles & Parts companies, Miller Industries ranks better than 68.52% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Miller Industries's Enterprise Value is $555.7 Mil.
Miller Industries's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $126.8 Mil. Therefore, Miller Industries's EV-to-OCF for today is 4.38.
The historical rank and industry rank for Miller Industries's EV-to-OCF or its related term are showing as below:
MLR'
s EV-to-OCF Range Over the Past 10 Years
Min: -20.78 Med: 12.85 Max: 142.81
Current: 4.38
During the past 13 years, the highest EV-to-OCF of Miller Industries was 142.81. The lowest was -20.78. And the median was 12.85.
MLR's EV-to-OCF is ranked better than 68.52% of 1328
companies
in the Vehicles & Parts industry
Industry Median: 8.295
vs MLR: 4.38
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Miller Industries (NYSE:MLR) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Miller Industries's PE Ratio (TTM) for today is calculated as:
Miller Industries's share price for today is $51.22.
Miller Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.340.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Miller Industries EV-to-OCF Related Terms
Miller Industries EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Miller Industries's EV-to-OCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Auto Parts subindustry, Miller Industries's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Miller Industries EV-to-OCF vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Miller Industries's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Miller Industries's EV-to-OCF falls into.
Miller Industries's current Enterprise Value is $555.7 Mil.
Miller Industries's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $126.8 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Miller Industries (MLR) has a EV-to-OCF of 4.38 as of Jul. 24, 2026. This is 66% below median its historical median of 12.85. According to the industry distribution chart, Miller Industries ranks #418 out of 1328 companies in the Vehicles & Parts industry, placing it in the top 31.5%.
Is Miller Industries' EV-to-OCF too high?
Miller Industries' current EV-to-OCF of 4.38 is 66% below median its 10-year median of 12.85. The Vehicles & Parts industry median EV-to-OCF is 8.30. Miller Industries' value of 4.38 is 47.2% below this industry median. Based on the distribution chart, Miller Industries ranks #418 out of 1328 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Miller Industries has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Miller Industries' EV-to-OCF compare to SLDP and MNRO?
According to the Vehicles & Parts industry distribution chart, Miller Industries ranks #418 out of 1328 companies for EV-to-OCF. This puts Miller Industries in the upper half of its industry. The industry median EV-to-OCF is 8.30. Miller Industries' value of 4.38 is 47.2% below this benchmark. While the company's 10-year median is 12.85 vs. the industry median of 8.30, Miller Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Vehicles & Parts company?
The median EV-to-OCF among Vehicles & Parts companies is 8.30, based on 1,328 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Miller Industries's current EV-to-OCF of 4.38 is 47.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Vehicles & Parts industry, the median EV-to-OCF is 8.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miller Industries's current EV-to-OCF is 4.38, which is 66% below median its own 10-year median of 12.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miller Industries stock overvalued right now?
Based on GuruFocus' analysis, Miller Industries (MLR) is currently considered Significantly Overvalued. The stock's GF Value™ is $34.18, compared to a current price of $51.22 — trading 49.9% above its estimated fair value. The current EV-to-OCF is 4.38, which is 66% below median its 10-year median of 12.85 and 47.2% below the Vehicles & Parts industry median of 8.30. Miller Industries' overall GF Score™ is 87/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Miller Industries (MLR), the current EV-to-OCF is 4.38 as of Jul. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Miller Industries (MLR) Overvalued in 2026?
Based on GuruFocus' analysis, Miller Industries stock appears to be overvalued.
The current stock price of $51.22 is trading 49.9% above its estimated GF Value™ of $34.18.
GuruFocus considers Miller Industries to be Significantly Overvalued.
Key valuation signals for MLR:
EV-to-OCF: 4.38 (66% below median its 10-year median of 12.85)
GF Value™: $34.18 vs. price of $51.22 (49.9% above fair value)
Industry Position: 47.2% below the Vehicles & Parts median (#418 of 1328)
No single metric tells the full story. See the MLR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Miller Industries Inc is a manufacturer of Towing and Recovery Equipment. The company designs and manufactures bodies of car carriers and wreckers, which are installed on chassis manufactured by third parties, and sold to customers. Its product lines include car carriers, light duty, heavy duty, rotators, special transport, military, wreckers, and transport trailers. It sells products under various brands including Century, Vulcan, Chevron, Holmes, Challenger, Champion, Jige, Boniface, Omars, Titan, and Eagle.
87GF Score
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