Miller Industries Stock

Miller Industries ROCE 2024

Miller Industries ROCE

0.23

Ticker

MLR

ISIN

US6005512040

WKN

899083

In 2024, Miller Industries's return on capital employed (ROCE) was 0.23, a 124.41% increase from the 0.1 ROCE in the previous year.

Miller Industries Aktienanalyse

What does Miller Industries do?

Miller Industries Inc is a US company specializing in the manufacturing of tow trucks and other specialized vehicles. The company is headquartered in Ooltewah, Tennessee and was initially known as Miller Industries Towing Equipment Inc. The company was founded in 1990 by Bill and Carol Miller. Founder Bill Miller had previously worked in the towing industry and recognized the need to produce vehicles specifically tailored to the needs of this industry. Miller Industries' first product was the "Century 10 Series" tow truck. Since its founding, the company has continuously evolved and is now one of the world's leading manufacturers of tow trucks and specialized vehicles. The company employs over 1000 employees and operates manufacturing facilities in the USA and Europe. Miller Industries' business model is based on the development and production of high-quality and reliable tow trucks and other specialized vehicles. The company specializes in the production of rollbacks, heavy-duty trucks, and heavy-duty tow trucks. Miller Industries works closely with its customers to develop customized solutions for their needs. The company also offers repair and maintenance services. Miller Industries' product range includes various models of tow trucks and specialized vehicles. These include platform tow trucks, carrier vehicles, and rollbacks. In addition, the company also produces specialized vehicles for the transportation of airplanes and boats, as well as truck bodies. Each vehicle is individually configured according to the customer's requirements and can be equipped with a variety of special features. A significant sector of Miller Industries is the sale of its products to government agencies and military organizations worldwide. The company has a long tradition of working with law enforcement and rescue services. Sales to these organizations account for a significant portion of Miller Industries' revenue. Miller Industries is also a major player in the field of environmental technology. The company produces tow trucks with hybrid and electric drives and has taken a pioneering role in this area. The company has also developed a range of products specifically tailored to the needs of environmental and waste management companies. In recent times, Miller Industries has also announced a series of acquisitions and partnerships aimed at further strengthening and expanding the company. This includes the acquisition of TruBilt, a manufacturer of heavy-duty trucks and rollbacks. The company has also announced a partnership with BAE Systems to develop and produce hybrid drives for tow trucks. In summary, Miller Industries is a leading manufacturer of tow trucks and specialized vehicles that focuses on the needs of its customers. The company has a long tradition of working with government and military organizations and is also a leader in areas such as environmental technology and hybrid-electric drives. Miller Industries is committed to developing innovative solutions that meet the needs of its customers and strives to maintain and expand its position as a market leader. Miller Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Miller Industries's Return on Capital Employed (ROCE)

Miller Industries's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Miller Industries's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Miller Industries's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Miller Industries’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Miller Industries stock

What is the ROCE (Return on Capital Employed) of Miller Industries this year?

The ROCE of Miller Industries is 0.23 undefined this year.

How has the ROCE (Return on Capital Employed) of Miller Industries developed compared to the previous year?

The ROCE of Miller Industries has increased by 124.41% increased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Miller Industries?

A high Return on Capital Employed (ROCE) indicates that Miller Industries has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Miller Industries?

A low ROCE (Return on Capital Employed) can indicate that Miller Industries has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Miller Industries impact the company?

An increase in the ROCE of Miller Industries can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Miller Industries affect the company?

A decrease in ROCE of Miller Industries can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Miller Industries?

Some factors that can affect Miller Industries's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Miller Industries so important for investors?

The ROCE of Miller Industries is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Miller Industries take to improve the ROCE?

To improve the ROCE, Miller Industries can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Miller Industries pay?

Over the past 12 months, Miller Industries paid a dividend of 0.72 USD . This corresponds to a dividend yield of about 1.26 %. For the coming 12 months, Miller Industries is expected to pay a dividend of 0.75 USD.

What is the dividend yield of Miller Industries?

The current dividend yield of Miller Industries is 1.26 %.

When does Miller Industries pay dividends?

Miller Industries pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Miller Industries?

Miller Industries paid dividends every year for the past 17 years.

What is the dividend of Miller Industries?

For the upcoming 12 months, dividends amounting to 0.75 USD are expected. This corresponds to a dividend yield of 1.31 %.

In which sector is Miller Industries located?

Miller Industries is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Miller Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Miller Industries from 9/16/2024 amounting to 0.19 USD, you needed to have the stock in your portfolio before the ex-date on 9/9/2024.

When did Miller Industries pay the last dividend?

The last dividend was paid out on 9/16/2024.

What was the dividend of Miller Industries in the year 2023?

In the year 2023, Miller Industries distributed 0.72 USD as dividends.

In which currency does Miller Industries pay out the dividend?

The dividends of Miller Industries are distributed in USD.

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Andere Kennzahlen von Miller Industries

Our stock analysis for Miller Industries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Miller Industries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.