Is LEG or MLKN more undervalued in 2026?

CirclFi compares Leggett & Platt, Incorporated (LEG) and MillerKnoll, Inc. (MLKN) using 13 institutional-grade valuation models. LEG has a Quality of Company score of 9.0/10 while MLKN scores 7.7/10.

Which is a better buy — LEG or MLKN?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do LEG and MLKN valuations compare?

LEG at $10.38 and MLKN at $16.48 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

LEG vs MLKN Valuation Comparison 2026 — Intrinsic Value Analysis

LEG

Furnishings, Fixtures & Appliances

Leggett & Platt, Incorporated

Quality

9.0

out of 10

Value Trap

SAFE

Price

$10.38

Last close

Models

12/13

Active

MLKN

Furnishings, Fixtures & Appliances

MillerKnoll, Inc.

Quality

7.7

out of 10

Value Trap

LOW

Price

$16.48

Last close

Models

12/13

Active

Model-by-Model Comparison

Model	Type	LEG Fair Value	LEG Upside	MLKN Fair Value	MLKN Upside
Bayesian DCF	Intrinsic	$17.15	+65.2%	$25.99	+57.7%
Earnings Power Value	Intrinsic	—	—	$32.85	+99.3%
EROIC Spread	Intrinsic	$42.83	+312.6%	$30.18	+83.1%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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LEG vs MLKN — Which Stock Is More Undervalued?

LEG scores higher with a 9.0/10 quality rating vs MLKN's 7.7/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Leggett & Platt, Incorporated (LEG) and MillerKnoll, Inc. (MLKN) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

LEG currently trades at $10.38 with a QOC of 9.0/10, while MLKN trades at $16.48 with a QOC of 7.7/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).