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Upturn stock ratingUpturn stock rating
MLR logo

Miller Industries Inc (MLR)

Upturn stock ratingUpturn stock rating
$42.45
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

08/28/2025: MLR (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

2 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $57

1 Year Target Price $57

Analysts Price Target For last 52 week
$57 Target price
52w Low $33.81
Current$42.45
52w High $77.36

Analysis of Past Performance

Type Stock
Historic Profit -5.78%
Avg. Invested days 37
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/28/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 482.27M USD
Price to earnings Ratio 11.6
1Y Target Price 57
Price to earnings Ratio 11.6
1Y Target Price 57
Volume (30-day avg) 2
Beta 1.26
52 Weeks Range 33.81 - 77.36
Updated Date 08/29/2025
52 Weeks Range 33.81 - 77.36
Updated Date 08/29/2025
Dividends yield (FY) 1.84%
Basic EPS (TTM) 3.63

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-08-06
When -
Estimate 0.63
Actual 0.73

Profitability

Profit Margin 4.35%
Operating Margin (TTM) 5.22%

Management Effectiveness

Return on Assets (TTM) 5.05%
Return on Equity (TTM) 10.64%

Valuation

Trailing PE 11.6
Forward PE -
Enterprise Value 510024321
Price to Sales(TTM) 0.49
Enterprise Value 510024321
Price to Sales(TTM) 0.49
Enterprise Value to Revenue 0.52
Enterprise Value to EBITDA 7.28
Shares Outstanding 11458100
Shares Floating 10904810
Shares Outstanding 11458100
Shares Floating 10904810
Percent Insiders 4.8
Percent Institutions 99.4

ai summary icon Upturn AI SWOT

Miller Industries Inc

stock logo

Company Overview

overview logo History and Background

Miller Industries Inc. was founded in 1990 and is headquartered in Ooltewah, Tennessee. It is the world's largest manufacturer of towing and recovery equipment.

business area logo Core Business Areas

  • Domestic Towing Equipment: Manufacturing and distribution of towing and recovery equipment for the domestic US market.
  • International Towing Equipment: Manufacturing and distribution of towing and recovery equipment for international markets.
  • Financial Services: Providing financial services, primarily consisting of floor plan financing, to distributors of the Company's products.

leadership logo Leadership and Structure

William F. Miller II is the CEO. The company operates with a functional organizational structure, with departments focused on manufacturing, sales, finance, and engineering.

Top Products and Market Share

overview logo Key Offerings

  • Wreckers: Heavy-duty tow trucks used for recovering disabled or wrecked vehicles. Market share is estimated at approximately 45-50%. Competitors include Jerr-Dan (owned by Oshkosh) and Holmes Wrecker.
  • Carriers: Flatbed tow trucks used for transporting vehicles. Market share is estimated at approximately 35-40%. Competitors include Jerr-Dan (owned by Oshkosh) and Landoll.
  • Rotators: Specialized heavy-duty tow trucks with rotating boom capabilities for complex recovery situations. Market share is smaller but significant, estimated at 20-25%. Competitors include Jerr-Dan (owned by Oshkosh) and Century.

Market Dynamics

industry overview logo Industry Overview

The towing and recovery equipment industry is driven by factors like vehicle sales, accident rates, and infrastructure development. It is moderately cyclical, with demand fluctuating with economic conditions.

Positioning

Miller Industries is the market leader in towing and recovery equipment due to its wide range of products, strong brand recognition, and extensive distribution network.

Total Addressable Market (TAM)

The global market is estimated at approximately $2-3 billion annually. Miller Industries has significant penetration but opportunities remain for international growth and product innovation.

Upturn SWOT Analysis

Strengths

  • Market leadership position
  • Broad product portfolio
  • Extensive distribution network
  • Strong brand reputation
  • Manufacturing facilities in US and Europe

Weaknesses

  • Cyclical business model
  • Dependence on automotive industry
  • High debt load compared to some competitors
  • Exposure to raw material price fluctuations

Opportunities

  • Expansion into emerging markets
  • Development of new product lines (e.g., electric tow trucks)
  • Acquisition of smaller competitors
  • Increased demand from infrastructure projects

Threats

  • Economic downturns
  • Increased competition from lower-cost manufacturers
  • Fluctuations in raw material prices (steel, aluminum)
  • Changes in government regulations (safety, emissions)

Competitors and Market Share

competitor logo Key Competitors

  • OSK
  • REV

Competitive Landscape

Miller Industries' advantage lies in its scale and brand recognition. Competitors like Jerr-Dan (owned by Oshkosh) offer similar products, but Miller Industries has a wider distribution network.

Major Acquisitions

Century Companies, Inc

  • Year: 1996
  • Acquisition Price (USD millions):
  • Strategic Rationale: Strengthened their position in the market place

Growth Trajectory and Initiatives

Historical Growth: Miller Industries has experienced moderate growth over the past decade, driven by organic growth and acquisitions.

Future Projections: Analysts project continued modest growth in revenue and earnings over the next few years, driven by increased demand for towing and recovery equipment.

Recent Initiatives: Recent initiatives include expanding international operations, investing in new product development, and improving operational efficiency.

Summary

Miller Industries is a strong company with a leading market position in the towing and recovery equipment industry. Its wide range of products, extensive distribution network, and strong brand reputation are key strengths. However, the company's cyclical business model and dependence on the automotive industry pose risks, and it needs to monitor fluctuations in raw material prices and economic downturns carefully.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Company Website
  • Industry Reports
  • Analyst Estimates

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. Market conditions and company performance can change rapidly, and past performance is not indicative of future results.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Miller Industries Inc

Exchange NYSE
Headquaters Ooltewah, TN, United States
IPO Launch date 1994-08-02
President, CEO & Director Mr. William G. Miller II
Sector Consumer Cyclical
Industry Auto Parts
Full time employees 1690
Full time employees 1690

Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment. It also provides transport trailers for moving multiple vehicles for auto auctions, car dealerships, leasing companies, and other similar operations. The company markets its products under the Century, Vulcan, Challenger, Holmes, Champion, Chevron, Eagle, Titan, Jige, and Boniface brands. It sells its products through independent distributors in North America, and Canada, Mexico; and through prime contractors to governmental entities. Miller Industries, Inc. was incorporated in 1990 and is headquartered in Ooltewah, Tennessee.