The Middleby (FRA:MBY) Total Inventories: €630 Mil (As of Mar. 2026)


FRA:MBY The Middleby Corp FRA:MBY
84 GF Score
Price €146.00
GF Value €130.43
Valuation Modestly Overvalued
! 5 Warning Signs
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What is The Middleby Total Inventories?

The Middleby FRA:MBY +3.55% 84 Total Inventories is €630 Mil as of Mar. 2026. GuruFocus rates FRA:MBY with a GF Score™ of 84/100 and a GF Value™ of €130.43 (Modestly Overvalued). The stock has 5 warning signs investors should review.

The Middleby's total inventories for the quarter that ended in Mar. 2026 was €630 Mil. The Middleby's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was €611 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. The Middleby's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was €-38.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The Middleby's Days Inventory for the three months ended in Mar. 2026 was 124.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. The Middleby's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.73.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. The Middleby's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.84.


The Middleby  (FRA:MBY) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

The Middleby's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(153.161+0.75 * 525.944+0.5 * 630.056-2635.703
-0-0)/46.623
=-38.03

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

The Middleby's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=610.7635/446.961*365 / 4
=124.69

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

The Middleby's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=446.961 / 610.7635
=0.73

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

The Middleby's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=610.7635 / 726.52
=0.84

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


The Middleby Total Inventories Related Terms


The Middleby Total Inventories Historical Data

* Premium members only.

The historical data trend for The Middleby's Total Inventories 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.

The Middleby Total Inventories Chart

The Middleby Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 741.12 1,017.38 858.19 626.43 591.47

The Middleby Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 811.90 770.48 783.46 591.47 630.06
FRA:MBY
84GF Score
The Middleby Corp FRA:MBY
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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The Middleby Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of €630 Mil mean?
The Middleby (FRA:MBY) has a Total Inventories of €630 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for The Middleby and its competitors.
Is The Middleby's Total Inventories too high?
The Middleby's current Total Inventories is €630 Mil. Overall, The Middleby has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Middleby's Total Inventories compare to JBTM and XE?
The Middleby's Total Inventories of €630 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for an Industrial Products company?
A good Total Inventories depends on the Industrial Products industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for The Middleby and its competitors. The Middleby's current Total Inventories is €630 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Middleby stock overvalued right now?
Based on GuruFocus' analysis, The Middleby (FRA:MBY) is currently considered Modestly Overvalued. The stock's GF Value™ is €130.43, compared to a current price of €146.00 — trading 11.9% above its estimated fair value. The current Total Inventories is €630 Mil. The Middleby's overall GF Score™ is 84/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For The Middleby (FRA:MBY), the current Total Inventories is €630 Mil as of Mar. 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 The Middleby (FRA:MBY) Overvalued in 2026?

Based on GuruFocus' analysis, The Middleby stock appears to be overvalued. The current stock price of €146.00 is trading 11.9% above its estimated GF Value™ of €130.43. GuruFocus considers The Middleby to be Modestly Overvalued.

Key valuation signals for FRA:MBY:

  • Total Inventories: €630 Mil
  • GF Value™: €130.43 vs. price of €146.00 (11.9% above fair value)
  • GF Score™: 84/100 with 5 warning signs

No single metric tells the full story. See the FRA:MBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Middleby Business Description

Other Exchanges MIDD:USA0K1G:UK
Address 1400 Toastmaster Drive, Elgin, IL, USA, 60120
The Middleby Corp is engaged in designing, manufacturing, marketing, distribution and service of a broad line of foodservice equipment used in all types of commercial restaurants and institutional kitchens, food preparation, cooking, baking, chilling and packaging equipment for food processing operations, and premium kitchen equipment including ranges, ovens, refrigerators, ventilation, dishwashers and outdoor cooking equipment used in the residential market. The company conducts its business through three principal business segments namely the Commercial Foodservice Equipment Group, the Food Processing Equipment Group and the Residential Kitchen Equipment Group. The firm derives majority revenue from Commercial Foodservice Equipment Group segment.
84GF Score

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Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€146.00
Price
€130.43
GF Value