Stock: MLR (Miller Industries)
Summary: ON SALE
Score: 16/20
MOS: 56.67%
Share Price: $29.05
Sticker Price: $67.04
Miller Industries manufactures and sells towing and recovery equipment. It sells through distributors to auto dealerships, auto auctions, and leasing companies.
Is this a boring business? Yes. And that is a good thing! A great American company with a solid balance sheet.
As long as cars remain on the road, we’ll need Miller Industries. Until humans invent a teleportation device, I don’t see cars or Miller Industries going anywhere anytime soon.
Take a close look at the WHY and you’ll see a 6/6 for ROIC, 3/3 for Equity Growth Rate, and 3/3 for Sales Growth Rate.