MillerKnoll, Inc. (MLKN) vs Somnigroup International Inc. (SGI)

MillerKnoll, Inc. and Somnigroup International Inc. are both Furnishings Fixtures & Appliances companies. Somnigroup International Inc. is the larger, with a market value of $14.4B against $1.4B — 10.5× the size. MillerKnoll, Inc. trades at the lower P/E: 14.0× against 25.1×. Somnigroup International Inc. grew revenue faster over the last twelve months: 27.1% against 1.20%. Somnigroup International Inc. has the higher net margin (7.00% vs 2.57%) and the higher return on invested capital (7.89% vs 4.96%). Both pay a dividend; MillerKnoll, Inc. yields more (2.75% vs 0.85%). Across the 23 metrics below, MillerKnoll, Inc. leads on 13 and Somnigroup International Inc. on 10.

Valuation

Metric MLKN SGI Furnishings Fixtures & Appliances median
P/E 14.04 25.08 14.03
P/S 0.36 1.77 0.52
P/B 1.04 4.28 1.06
Price to free cash flow 12.33 17.50 9.86
EV/EBITDA 7.19 14.10 7.67
EV/Sales 0.66 2.33 0.67
Earnings yield 7.12% 3.99% 3.50%
Free cash flow yield 8.11% 5.72% 7.55%

Profitability

Metric MLKN SGI Furnishings Fixtures & Appliances median
Gross margin 39.53% 44.24% 37.53%
Operating margin 5.16% 12.48% 2.03%
Net margin 2.57% 7.00% 1.65%
Free cash flow margin 6.29% 10.10% 3.92%
Return on equity 0.00% 17.81% 5.51%
Return on assets 2.46% 4.64% 1.69%
Return on invested capital 4.96% 7.89% 3.55%

Growth

Metric MLKN SGI Furnishings Fixtures & Appliances median
Revenue growth (TTM) 1.20% 27.07% 1.14%
EPS growth (last fiscal year) 344.44% (14.81%) —
Revenue growth, 5-year CAGR 9.28% 15.25% 0.64%
Net income growth, 5-year CAGR (12.12%) 1.95% 0.00%

Health

Metric MLKN SGI Furnishings Fixtures & Appliances median
Debt to equity 0.96 1.37 0.17
Current ratio 1.65 0.75 1.97
Net debt to EBITDA 3.20 4.33 0.06

Dividend

Metric MLKN SGI Furnishings Fixtures & Appliances median
Dividend yield 2.75% 0.85% 2.20%
Payout ratio 1.74 0.18 0.09

Size

Metric MLKN SGI Furnishings Fixtures & Appliances median
Market cap 1.37b 14.35b 212.02m

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