$
0.000
0(0.000%)1D
  • Overview
  • Forecast
  • Valuation
  • Earnings

MLKN Relative Valuation

MLKN's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, MLKN is overvalued; if below, it's undervalued.

Historical Valuation

MillerKnoll Inc (MLKN) is now in the Fair zone, suggesting that its current forward PE ratio of 11.30 is considered Fairly compared with the five-year average of 13.56. The fair price of MillerKnoll Inc (MLKN) is between 16.11 to 29.16 according to relative valuation methord.
Relative Value
Fair Zone
16.11-29.16
Current Price:19.53
Fair
10.96
PE
1Y
3Y
5Y
Trailing
Forward
8.39
EV/EBITDA
MillerKnoll Inc. (MLKN) has a current EV/EBITDA of 8.39. The 5-year average EV/EBITDA is 8.84. The thresholds are as follows: Strongly Undervalued below 5.97, Undervalued between 5.97 and 7.40, Fairly Valued between 10.27 and 7.40, Overvalued between 10.27 and 11.70, and Strongly Overvalued above 11.70. The current Forward EV/EBITDA of 8.39 falls within the Historic Trend Line -Fairly Valued range.
13.26
EV/EBIT
MillerKnoll Inc. (MLKN) has a current EV/EBIT of 13.26. The 5-year average EV/EBIT is 13.37. The thresholds are as follows: Strongly Undervalued below 9.28, Undervalued between 9.28 and 11.33, Fairly Valued between 15.41 and 11.33, Overvalued between 15.41 and 17.46, and Strongly Overvalued above 17.46. The current Forward EV/EBIT of 13.26 falls within the Historic Trend Line -Fairly Valued range.
0.36
PS
MillerKnoll Inc. (MLKN) has a current PS of 0.36. The 5-year average PS is 0.54. The thresholds are as follows: Strongly Undervalued below 0.21, Undervalued between 0.21 and 0.37, Fairly Valued between 0.71 and 0.37, Overvalued between 0.71 and 0.88, and Strongly Overvalued above 0.88. The current Forward PS of 0.36 falls within the Undervalued range.
5.30
P/OCF
MillerKnoll Inc. (MLKN) has a current P/OCF of 5.30. The 5-year average P/OCF is 9.80. The thresholds are as follows: Strongly Undervalued below -8.69, Undervalued between -8.69 and 0.55, Fairly Valued between 19.04 and 0.55, Overvalued between 19.04 and 28.28, and Strongly Overvalued above 28.28. The current Forward P/OCF of 5.30 falls within the Historic Trend Line -Fairly Valued range.
11.87
P/FCF
MillerKnoll Inc. (MLKN) has a current P/FCF of 11.87. The 5-year average P/FCF is 11.14. The thresholds are as follows: Strongly Undervalued below -62.31, Undervalued between -62.31 and -25.58, Fairly Valued between 47.86 and -25.58, Overvalued between 47.86 and 84.58, and Strongly Overvalued above 84.58. The current Forward P/FCF of 11.87 falls within the Historic Trend Line -Fairly Valued range.
MillerKnoll Inc (MLKN) has a current Price-to-Book (P/B) ratio of 1.08. Compared to its 3-year average P/B ratio of 1.19 , the current P/B ratio is approximately -9.96% higher. Relative to its 5-year average P/B ratio of 1.66, the current P/B ratio is about -35.19% higher. MillerKnoll Inc (MLKN) has a Forward Free Cash Flow (FCF) yield of approximately 7.44%. Compared to its 3-year average FCF yield of 7.65%, the current FCF yield is approximately -2.75% lower. Relative to its 5-year average FCF yield of 6.70% , the current FCF yield is about 11.06% lower.
1.04
P/B
Median3y
1.19
Median5y
1.66
7.41
FCF Yield
Median3y
7.65
Median5y
6.70

Competitors Valuation Multiple

The average P/S ratio for MLKN's competitors is 0.48, providing a benchmark for relative valuation. MillerKnoll Inc Corp (MLKN) exhibits a P/S ratio of 0.36, which is -23.97% above the industry average. Given its robust revenue growth of 8.20%, this premium appears unsustainable.

Performance Decomposition

1Y
3Y
5Y
Market capitalization of MLKN decreased by 36.35% over the past 1 year. The primary factor behind the change was an decrease in P/E Change from -5.80 to -36.33.
The secondary factor is the Revenue Growth, contributed 8.20%to the performance.
Overall, the performance of MLKN in the past 1 year is driven by P/E Change. Which is more unsustainable.
8.20%
888.90M → 961.80M
Revenue Growth
+
-570.97%
1.24 → -5.84
Margin Expansion
+
526.42%
-5.80 → -36.33
P/E Change
=
-36.35%
30.32 → 19.30
Mkt Cap Growth

FAQ

arrow icon

Is MillerKnoll Inc (MLKN) currently overvalued or undervalued?

MillerKnoll Inc (MLKN) is now in the Fair zone, suggesting that its current forward PE ratio of 11.30 is considered Fairly compared with the five-year average of 13.56. The fair price of MillerKnoll Inc (MLKN) is between 16.11 to 29.16 according to relative valuation methord.
arrow icon

What is MillerKnoll Inc (MLKN) fair value?

arrow icon

How does MLKN's valuation metrics compare to the industry average?

arrow icon

What is the current P/B ratio for MillerKnoll Inc (MLKN) as of Jul 31 2025?

arrow icon

What is the current FCF Yield for MillerKnoll Inc (MLKN) as of Jul 31 2025?

arrow icon

What is the current Forward P/E ratio for MillerKnoll Inc (MLKN) as of Jul 31 2025?

arrow icon

What is the current Forward P/S ratio for MillerKnoll Inc (MLKN) as of Jul 31 2025?