Hamilton Beach Brands Holding Company (HBB) vs MillerKnoll, Inc. (MLKN)

Hamilton Beach Brands Holding Company and MillerKnoll, Inc. are both Furnishings Fixtures & Appliances companies. MillerKnoll, Inc. is the larger, with a market value of $1.4B against $501.5M — 2.7× the size. Hamilton Beach Brands Holding Company trades at the lower P/E: 8.7× against 14.0×. MillerKnoll, Inc. grew revenue faster over the last twelve months: 1.20% against −3.33%. Hamilton Beach Brands Holding Company has the higher net margin (9.41% vs 2.57%) and the higher return on invested capital (28.9% vs 4.96%). Both pay a dividend; MillerKnoll, Inc. yields more (2.75% vs 2.38%). Across the 23 metrics below, Hamilton Beach Brands Holding Company leads on 15 and MillerKnoll, Inc. on 8.

Valuation

Metric HBB MLKN Furnishings Fixtures & Appliances median
P/E 8.75 14.04 14.03
P/S 0.82 0.36 0.52
P/B 2.32 1.04 1.06
Price to free cash flow 5.19 12.33 9.86
EV/EBITDA 5.88 7.19 7.67
EV/Sales 0.82 0.66 0.67
Earnings yield 11.43% 7.12% 3.50%
Free cash flow yield 19.27% 8.11% 7.55%

Profitability

Metric HBB MLKN Furnishings Fixtures & Appliances median
Gross margin 33.09% 39.53% 37.53%
Operating margin 12.53% 5.16% 2.03%
Net margin 9.41% 2.57% 1.65%
Free cash flow margin 15.88% 6.29% 3.92%
Return on equity 30.18% 0.00% 5.51%
Return on assets 14.82% 2.46% 1.69%
Return on invested capital 28.93% 4.96% 3.55%

Growth

Metric HBB MLKN Furnishings Fixtures & Appliances median
Revenue growth (TTM) (3.33%) 1.20% 1.14%
EPS growth (last fiscal year) (11.36%) 344.44% —
Revenue growth, 5-year CAGR 0.10% 9.28% 0.64%
Net income growth, 5-year CAGR (10.57%) (12.12%) 0.00%

Health

Metric HBB MLKN Furnishings Fixtures & Appliances median
Debt to equity 0.23 0.96 0.17
Current ratio 3.13 1.65 1.97
Net debt to EBITDA 0.06 3.20 0.06

Dividend

Metric HBB MLKN Furnishings Fixtures & Appliances median
Dividend yield 2.38% 2.75% 2.20%
Payout ratio 0.70 1.74 0.09

Size

Metric HBB MLKN Furnishings Fixtures & Appliances median
Market cap 501.53m 1.37b 212.02m

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