MillerKnoll, Inc. (MLKN) vs SharkNinja, Inc. (SN)

MillerKnoll, Inc. and SharkNinja, Inc. are both Furnishings Fixtures & Appliances companies. SharkNinja, Inc. is the larger, with a market value of $24.9B against $1.4B — 18.2× the size. MillerKnoll, Inc. trades at the lower P/E: 14.0× against 36.1×. SharkNinja, Inc. grew revenue faster over the last twelve months: 17.5% against 1.20%. SharkNinja, Inc. has the higher net margin (10.1% vs 2.57%) and the higher return on invested capital (21.4% vs 4.96%). Across the 22 metrics below, SharkNinja, Inc. leads on 13 and MillerKnoll, Inc. on 9.

Valuation

Metric MLKN SN Furnishings Fixtures & Appliances median
P/E 14.04 36.05 14.03
P/S 0.36 3.64 0.52
P/B 1.04 8.84 1.06
Price to free cash flow 12.33 31.94 9.86
EV/EBITDA 7.19 22.75 7.67
EV/Sales 0.66 3.63 0.67
Earnings yield 7.12% 2.77% 3.50%
Free cash flow yield 8.11% 3.13% 7.55%

Profitability

Metric MLKN SN Furnishings Fixtures & Appliances median
Gross margin 39.53% 48.92% 37.53%
Operating margin 5.16% 13.76% 2.03%
Net margin 2.57% 10.06% 1.65%
Free cash flow margin 6.29% 11.39% 3.92%
Return on equity 0.00% 27.53% 5.51%
Return on assets 2.46% 13.72% 1.69%
Return on invested capital 4.96% 21.37% 3.55%

Growth

Metric MLKN SN Furnishings Fixtures & Appliances median
Revenue growth (TTM) 1.20% 17.49% 1.14%
EPS growth (last fiscal year) 344.44% 58.84% —
Revenue growth, 5-year CAGR 9.28% 18.38% 0.64%
Net income growth, 5-year CAGR (12.12%) 16.49% 0.00%

Health

Metric MLKN SN Furnishings Fixtures & Appliances median
Debt to equity 0.96 0.25 0.17
Current ratio 1.65 2.08 1.97
Net debt to EBITDA 3.20 (0.04) 0.06

Dividend

Metric MLKN SN Furnishings Fixtures & Appliances median
Dividend yield 2.75% — 2.20%
Payout ratio 1.74 — 0.09

Size

Metric MLKN SN Furnishings Fixtures & Appliances median
Market cap 1.37b 24.93b 212.02m

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