MLR

BuyPremium GrowerAI neutral

Miller Industries, Inc. · Consumer Cyclical · United States · $584M cap · $3.9M/day traded

$51.68 +0.4% · close 27 Oct · scored 28 Oct

Premium Grower: Strong business with the market behind it, priced at a premium.

70
StockRank
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Quality
58
Value
44
Momentum
62

As of 28 Oct 2026, MoatMap's StockRank for Miller Industries, Inc. (MLR) is 70/100, ranked against 24,000+ stocks in 35 markets (Quality 58, Value 44, Momentum 62, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
41.5x
peers 19.2x
ROE
3.4%
peers 8.5%
D/E
0.0x
peers 1.0x
Dividend %
1.6%
trailing yield
AI CONVICTION THESIS

Miller Industries is the world's largest maker of tow trucks and car-carrier bodies, with a strong share of a niche market and a buyback programme in place. It is, however, a cyclical equipment maker that relies on chassis supply and dealer inventory cycles. Returns are respectable rather than exceptional, and recent results do not point to a structural shift in demand. It is a solid company with no evident macro inflection behind it.

ABOUT MILLER INDUSTRIES, INC.

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Miller Industries is the world's largest manufacturer of towing and recovery equipment, producing a comprehensive line of wreckers, car carriers, and heavy-duty recovery vehicles. The company commands a dominant market share in North America, supported by a highly recognized brand portfolio including Century, Vulcan, and Holmes. Its extensive, exclusive distributor network and advanced manufacturing capabilities create high barriers to entry for competitors.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue848.5M1.2B1.3B790.3M-2.3%771.4M916.3M1.0B13.6%
EPS1.785.105.552.014.1%1.241.982.8218.5%
Shares11.4M11.4M11.4M11.4M-0.4%11.4M———
Debt45.9M60.8M65.5M33.6M-9.9%5.7M———
Equity293.5M347.9M401.0M420.6M12.7%————
Op CF-19.2M11.0M16.9M98.7M200.1%131.7M———
Inv CF-28.9M-29.1M-15.3M-30.8M—————
Fin CF36.8M6.8M-6.6M-50.7M—————
Loading 1Y...
PRICE (1Y) · USD-5.2%
51.352.353.454.455.516 Sep7 Oct27 Oct
SMA 50SMA 200

Price checkIn an uptrendExperimental

Above its 200-day average and 13% below its 52-week high.

SwingsCalm

Calmer than 79% of stocks we rank over the past year (27% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$51.68
RSI (14)
39.3
52-Week Range-13.1% from high
Low $35.07High $59.48

SCORE BREAKDOWN

Quality
58
ROIC
4.8%29.4
ROE
3.4%29.3
GP/Assets
19.2%40.0
Op. Margin
4.5%39.6
FCF/Assets
19.1%95.4
Piotroski
776.0
Int. Cover
28.4x74.4
D/E Ratio
0.01x92.8
Current Ratio
2.46x77.1
Value
44
P/E (TTM)
41.5x15.9
EV/EBITDA
14.2x30.1
P/FCF
5.2x82.9
P/B
1.4x54.8
P/S
0.8x56.2
Div Yield
1.6%32.3
Momentum
62
52W High %
87%75.8
RS 6M
3%68.4
SMA 50/200
1.12x86.2
EPS Rev 4W
0.0%58.1
EPS Rev 12W
-13.1%9.5
EPS Improve
+124%75.3
Q Growth
-14%26.9

FUNDAMENTALS

Market Cap
$584M
P/E (Forward)
18.5x
Gross Margin
14.7%

SECTOR PEERS

Closest peers in Consumer Cyclical, ranked by industry match, size, and score similarity. Cross-listings of MLR are excluded.

TickerCompanyMkt CapStockRankSignal
MLRMiller Industries, Inc.(you)$584M70Buy
SMPStandard Motor Products, Inc.$833M85Strong Buy
PLOWDouglas Dynamics, Inc.$1.2B58Hold
STRTStrattec Security Corporation$243M80Strong Buy
XPELXPEL, Inc.$1.2B55Hold
1316.HKNexteer Automotive Group Limited$1.4B82Strong Buy
MNROMonro, Inc.$414M43Hold
HLLYHolley Inc.$302M48Hold
PHINPHINIA Inc.$2.1B58Hold
DORMDorman Products, Inc.$3.7B74Buy

Peer medians: ROE 8.5% · P/E 19.2x · Gross margin 37.4%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

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Miller Industries, Inc. (MLR): Stock Score Summary

Miller Industries, Inc. (MLR) has a MoatMap StockRank of 70/100 based on Quality (58/100), Value (44/100), and Momentum (62/100) factor scores. The current signal is BUY. Miller Industries is the world's largest maker of tow trucks and car-carrier bodies, with a strong share of a niche market and a buyback programme in place. It is, however, a cyclical equipment maker that relies on chassis supply and dealer inventory cycles. Returns are respectable rather than exceptional, and recent results do not point to a structural shift in demand. It is a solid company with no evident macro inflection behind it.

Miller Industries is the world's largest manufacturer of towing and recovery equipment, producing a comprehensive line of wreckers, car carriers, and heavy-duty recovery vehicles. The company commands a dominant market share in North America, supported by a highly recognized brand portfolio including Century, Vulcan, and Holmes. Its extensive, exclusive distributor network and advanced manufacturing capabilities create high barriers to entry for competitors.

Key Financial Metrics

Price$51.68
Market Cap$584M
P/E (TTM)41.51
P/E (Forward)18.51
Price/Book1.39
Return on Equity3.4%
Return on Invested Capital4.8%
Debt/Equity0.01x
Gross Margin14.7%
Operating Margin4.5%
Revenue Growth12.1%
Dividend Yield1.6%
Free Cash Flow$113M

Miller Industries, Inc. operates in the Auto Parts industry, part of the Consumer Cyclical sector (United States).

Frequently Asked Questions

What is Miller Industries, Inc.’s (MLR) StockRank?
MoatMap’s StockRank for Miller Industries, Inc. (MLR) is 70/100, with a Buy signal. It is a composite of Quality (58), Value (44), and Momentum (62), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does Miller Industries, Inc. have an economic moat?
Miller Industries, Inc. (MLR) has a Quality factor score of 58/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Miller Industries, Inc. a buy, hold, or sell?
MoatMap’s current signal for Miller Industries, Inc. (MLR) is Buy, based on a StockRank of 70/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Miller Industries, Inc. in?
Miller Industries, Inc. (MLR) operates in the Consumer Cyclical sector, specifically the Auto Parts industry (United States).