Miller IndustriesMLR -1.04%86 EV-to-FCF is 5.16 as of Jun. 30, 2026, which is 43% below its 10-year median of 9.11. GuruFocus rates MLR with a GF Score™ of 86/100 and a GF Value™ of $33.53 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 847 Vehicles & Parts companies, Miller Industries ranks better than 85.48% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Miller Industries's Enterprise Value is $568.9 Mil.
Miller Industries's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $110.3 Mil. Therefore, Miller Industries's EV-to-FCF for today is 5.16.
The historical rank and industry rank for Miller Industries's EV-to-FCF or its related term are showing as below:
MLR'
s EV-to-FCF Range Over the Past 10 Years
Min: -2230.12 Med: 9.11 Max: 547.22
Current: 5.16
During the past 13 years, the highest EV-to-FCF of Miller Industries was 547.22. The lowest was -2230.12. And the median was 9.11.
MLR's EV-to-FCF is ranked better than 85.48% of 847
companies
in the Vehicles & Parts industry
Industry Median: 16.85
vs MLR: 5.16
EV-to-FCF 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-FCF Explanation
EV-to-FCF 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 $52.38.
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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Miller Industries EV-to-FCF Related Terms
Miller Industries EV-to-FCF Historical Data
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The historical data trend for Miller Industries's EV-to-FCF 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-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Miller Industries's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Miller Industries's EV-to-FCF falls into.
Miller Industries's current Enterprise Value is $568.9 Mil.
Miller Industries's Free Cash Flow 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 $110.3 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-FCF of 5.16 as of Jun. 30, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Miller Industries and its competitors. This is 43% below median its historical median of 9.11. According to the industry distribution chart, Miller Industries ranks #123 out of 847 companies in the Vehicles & Parts industry, placing it in the top 14.5%.
Is Miller Industries' EV-to-FCF too high?
Miller Industries' current EV-to-FCF of 5.16 is 43% below median its 10-year median of 9.11. The Vehicles & Parts industry median EV-to-FCF is 16.85. Miller Industries' value of 5.16 is 69.4% below this industry median. Based on the distribution chart, Miller Industries ranks #123 out of 847 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Miller Industries has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Miller Industries' EV-to-FCF compare to SLDP and MNRO?
According to the Vehicles & Parts industry distribution chart, Miller Industries ranks #123 out of 847 companies for EV-to-FCF. This places Miller Industries in the top 15% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 16.85. Miller Industries' value of 5.16 is 69.4% below this benchmark. While the company's 10-year median is 9.11 vs. the industry median of 16.85, 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-FCF for a Vehicles & Parts company?
The median EV-to-FCF among Vehicles & Parts companies is 16.85, based on 847 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Miller Industries's current EV-to-FCF of 5.16 is 69.4% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Miller Industries and its competitors. For the Vehicles & Parts industry, the median EV-to-FCF is 16.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miller Industries's current EV-to-FCF is 5.16, which is 43% below median its own 10-year median of 9.11. 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 $33.53, compared to a current price of $52.38 — trading 56.2% above its estimated fair value. The current EV-to-FCF is 5.16, which is 43% below median its 10-year median of 9.11 and 69.4% below the Vehicles & Parts industry median of 16.85. Miller Industries' overall GF Score™ is 86/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Miller Industries (MLR), the current EV-to-FCF is 5.16 as of Jun. 30, 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 $52.38 is trading 56.2% above its estimated GF Value™ of $33.53.
GuruFocus considers Miller Industries to be Significantly Overvalued.
Key valuation signals for MLR:
EV-to-FCF: 5.16 (43% below median its 10-year median of 9.11)
GF Value™: $33.53 vs. price of $52.38 (56.2% above fair value)
Industry Position: 69.4% below the Vehicles & Parts median (#123 of 847)
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.
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