Published on 11 May 2024 on Simply Wall St. via Yahoo Finance
Estimating The Intrinsic Value Of Miller Industries, Inc. (NYSE:MLR)
Key Insights
Miller Industries' estimated fair value is US$52.24 based on 2 Stage Free Cash Flow to EquityMiller Industries' US$57.80 share price indicates it is trading at similar levels as its fair value estimate
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Miller Industries, Inc. (NYSE:MLR) as an investment opportunity by estimating the company's future cash flows and discounting them to their present value. One way to achieve this is by employing the Discounted Cash Flow (DCF) model. Don't get put off by the jargon, the math behind it is actually quite straightforward.