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Upturn AI SWOT - About
MillerKnoll Inc (MLKN)
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Upturn Advisory Summary
06/27/2025: MLKN (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
1 Analysts rated it
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Year Target Price $38
Year Target Price $38
| 0 | Strong Buy |
| 0 | Buy |
| 1 | Hold |
| 0 | Under performing |
| 0 | Sell |
Analysis of Past Performance
Type Stock | Historic Profit -14.3% | Avg. Invested days 28 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/27/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.34B USD | Price to earnings Ratio - | 1Y Target Price 38 |
Price to earnings Ratio - | 1Y Target Price 38 | ||
Volume (30-day avg) - | Beta 1.16 | 52 Weeks Range 15.08 - 30.68 | Updated Date 06/29/2025 |
52 Weeks Range 15.08 - 30.68 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 3.79% | Basic EPS (TTM) -0.54 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -1.01% | Operating Margin (TTM) 6.82% |
Management Effectiveness
Return on Assets (TTM) 3.51% | Return on Equity (TTM) -2.38% |
Valuation
Trailing PE - | Forward PE 10.36 | Enterprise Value 2959681670 | Price to Sales(TTM) 0.37 |
Enterprise Value 2959681670 | Price to Sales(TTM) 0.37 | ||
Enterprise Value to Revenue 0.81 | Enterprise Value to EBITDA 58.61 | Shares Outstanding 67746600 | Shares Floating 67148691 |
Shares Outstanding 67746600 | Shares Floating 67148691 | ||
Percent Insiders 1.17 | Percent Institutions 99.16 |
Analyst Ratings
Rating 3 | Target Price 38 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
MillerKnoll Inc
Company Overview
History and Background
MillerKnoll, Inc. (formerly Herman Miller) has a rich history, starting with the Herman Miller Furniture Company in 1923. The company initially produced traditional furniture but evolved under the influence of Gilbert Rohde and later George Nelson, embracing modern design. The merger with Knoll in 2021 created MillerKnoll, a leader in modern design.
Core Business Areas
- Americas Contract: Provides furniture and services to commercial, healthcare, education, and government clients across North and South America. Focuses on workplace solutions.
- International Contract: Serves clients outside of the Americas with similar offerings as the Americas Contract segment.
- Retail: Sells furniture and accessories directly to consumers through retail stores, online channels, and partnerships with other retailers.
Leadership and Structure
Andi Owen serves as Chief Executive Officer. The organizational structure comprises business segments focused on contract and retail channels, supported by functional teams such as finance, marketing, and operations. Board of Directors oversees corporate governance.
Top Products and Market Share
Key Offerings
- Aeron Chair: An iconic ergonomic office chair. Market share data is difficult to pinpoint exactly but remains a flagship product with strong sales. Competitors include Steelcase, Haworth, and Humanscale. Revenue from this product is significant but is not broken out publicly.
- Eames Lounge Chair and Ottoman: A classic mid-century modern design. A high-end product with a significant luxury market presence. Competitors include Vitra and other luxury furniture brands. Revenue from this product is significant but is not broken out publicly.
- Knoll Office Systems: Comprehensive office furniture systems. Competitors include Steelcase, Haworth, and Kimball International. Revenue from this product is significant but is not broken out publicly.
Market Dynamics
Industry Overview
The furniture industry is highly competitive and impacted by economic cycles, design trends, and evolving workplace needs. The industry is undergoing digital transformation with increasing online sales and demand for sustainable products.
Positioning
MillerKnoll is a premium brand known for design, quality, and innovation. Its competitive advantages include a strong brand reputation, diverse product portfolio, and global reach.
Total Addressable Market (TAM)
The global furniture market is estimated to be worth hundreds of billions of dollars. MillerKnoll is positioned to capture a substantial share of the premium segment of this market.
Upturn SWOT Analysis
Strengths
- Strong Brand Recognition
- Innovative Design Capabilities
- Global Distribution Network
- Diverse Product Portfolio
- Reputation for Quality and Sustainability
Weaknesses
- Premium Pricing May Limit Market Reach
- Sensitivity to Economic Downturns
- Complexity of Global Operations
- Reliance on Third-Party Retailers
- Integration risks from past acquisitions
Opportunities
- Expanding E-commerce Presence
- Increasing Demand for Sustainable Furniture
- Growth in Emerging Markets
- Product Innovation and Customization
- Strategic Partnerships
Threats
- Intense Competition
- Fluctuations in Raw Material Prices
- Changing Consumer Preferences
- Economic Recessions
- Geopolitical Risks
Competitors and Market Share
Key Competitors
- Steelcase (SCS)
- HNI Corporation (HNI)
- Kimball International (KBAL)
Competitive Landscape
MillerKnoll competes on design, quality, and brand reputation. Competitors focus on price, volume, and specific market segments.
Major Acquisitions
Knoll, Inc.
- Year: 2021
- Acquisition Price (USD millions): 1800
- Strategic Rationale: Creation of a modern design leader with a broader product portfolio and expanded market reach.
Growth Trajectory and Initiatives
Historical Growth: Historical growth is tied to overall economic conditions, market demand, and strategic initiatives.
Future Projections: Future growth projections depend on several factors, including market trends, innovation, and execution of strategic plans.
Recent Initiatives: Recent initiatives include e-commerce expansion, sustainability efforts, and product innovation.
Summary
MillerKnoll is a leading player in the premium furniture market with a strong brand and diverse product portfolio. The company's emphasis on design and sustainability positions it well for future growth. However, its premium pricing and sensitivity to economic downturns pose challenges. Successful integration of acquired companies and effective cost management are critical.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Industry Reports
- Press Releases
- Analyst Reports
Disclaimers:
This analysis is based on available information and general industry knowledge. Actual results may vary. This is not financial advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About MillerKnoll Inc
Exchange NASDAQ | Headquaters Zeeland, MI, United States | ||
IPO Launch date 1990-03-26 | President, CEO & Director Ms. Andrea R. Owen | ||
Sector Consumer Cyclical | Industry Furnishings, Fixtures & Appliances | Full time employees - | Website https://www.millerknoll.com |
Full time employees - | Website https://www.millerknoll.com | ||
MillerKnoll, Inc. researches, designs, manufactures, and distributes interior furnishings worldwide. It operates through three segments: Americas Contract, International Contract & Specialty, and Global Retail. The company also provides seating products, furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services, casegoods, storage products, as well as residential, education, and healthcare furniture solutions. It offers its products under the MillerKnoll, Herman Miller, Herman Miller Circled Symbolic M, Knoll, Maharam, Geiger, Design Within Reach, DWR, HAY, NaughtOne, Nemschoff, Aeron, Mirra, Embody, Setu, Sayl, Cosm, Caper, Eames, Knoll, KnollExtra, Knoll Luxe, KnollStudio, KnollTextiles, Edelman Leather, Spinneybeck Leather, Generation by Knoll, Regeneration by Knoll, MultiGeneration by Knoll, Remix, Holly Hunt, Vladimir Kagan, Muuto, Barcelona, and Womb names. The company offers its products through independent contract furniture dealers, direct contract sales, e-commerce websites, and wholesale and retail stores. Its products are used in institutional, health/science, and residential and other environments, and industrial and educational settings, as well as transportation terminals. The company also operates an archival collection space for brands and researchers. The company was formerly known as Herman Miller, Inc. and changed its name to MillerKnoll, Inc. in November 2021. MillerKnoll, Inc. was incorporated in 1905 and is headquartered in Zeeland, Michigan.
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