MillerKnoll, Inc. (MLKN) vs Interface, Inc. (TILE)

MillerKnoll, Inc. and Interface, Inc. are both Furnishings Fixtures & Appliances companies. Interface, Inc. is the larger, with a market value of $2.0B against $1.4B — 1.5× the size. Interface, Inc. trades at the lower P/E: 14.0× against 14.0×. Interface, Inc. grew revenue faster over the last twelve months: 6.54% against 1.20%. Interface, Inc. has the higher net margin (10.1% vs 2.57%) and the higher return on invested capital (15.3% vs 4.96%). Both pay a dividend; MillerKnoll, Inc. yields more (2.75% vs 0.31%). Across the 23 metrics below, Interface, Inc. leads on 14 and MillerKnoll, Inc. on 9.

Valuation

Metric MLKN TILE Furnishings Fixtures & Appliances median
P/E 14.04 14.02 14.03
P/S 0.36 1.42 0.52
P/B 1.04 3.01 1.06
Price to free cash flow 12.33 16.44 9.86
EV/EBITDA 7.19 9.16 7.67
EV/Sales 0.66 1.50 0.67
Earnings yield 7.12% 7.13% 3.50%
Free cash flow yield 8.11% 6.08% 7.55%

Profitability

Metric MLKN TILE Furnishings Fixtures & Appliances median
Gross margin 39.53% 40.48% 37.53%
Operating margin 5.16% 13.60% 2.03%
Net margin 2.57% 10.10% 1.65%
Free cash flow margin 6.29% 8.61% 3.92%
Return on equity 0.00% 23.23% 5.51%
Return on assets 2.46% 11.42% 1.69%
Return on invested capital 4.96% 15.29% 3.55%

Growth

Metric MLKN TILE Furnishings Fixtures & Appliances median
Revenue growth (TTM) 1.20% 6.54% 1.14%
EPS growth (last fiscal year) 344.44% 32.43% —
Revenue growth, 5-year CAGR 9.28% 4.68% 0.64%
Net income growth, 5-year CAGR (12.12%) 0.00% 0.00%

Health

Metric MLKN TILE Furnishings Fixtures & Appliances median
Debt to equity 0.96 0.30 0.17
Current ratio 1.65 2.53 1.97
Net debt to EBITDA 3.20 0.54 0.06

Dividend

Metric MLKN TILE Furnishings Fixtures & Appliances median
Dividend yield 2.75% 0.31% 2.20%
Payout ratio 1.74 0.50 0.09

Size

Metric MLKN TILE Furnishings Fixtures & Appliances median
Market cap 1.37b 2.03b 212.02m

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