Miller Industries, Inc. (MLR) Fair Value 2026

MLR · Auto Parts ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

8.0 /10

32 fundamental signals · 12 models active

Value Trap Risk

SAFE (16/100)

Quick Summary — As of 2026-08-27, Miller Industries, Inc. (MLR) trades at $57.83, versus a $34.91 median fair value across its 12 active models — 39.6% below the current price. QOC: 8.0/10. Value Trap Risk: 16/100 (SAFE). 12/13 models active. Within that set, the Bayesian DCF component alone returns $36.32.

Key Facts

Ticker
MLR
Price
$57.83
Quality Score
8.0/10
Value Trap Risk
16/100
Models Active
12/13
Last Updated
Strength: 12 independent models provide multi-angle coverage
Risk: Majority of models suggest overvaluation

Is Miller Industries, Inc. (MLR) Undervalued or Overvalued in 2026?

According to CirclFi’s 12-model valuation engine, Miller Industries, Inc. (MLR) appears overvalued as of : the median of 12 independent fair value estimates is $34.91, 39.6% below the current price of $57.83. Estimates range from $9.87 to $70.71. MLR scores 8.0/10 on fundamental quality and 16/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. MLR’s -39.6% gap is wider than that market norm, and the Auto Parts sector median is -16.1%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Miller Industries, Inc. Stock in 2026? →

What Fair Value Does Each Model Give MLR?

12 Intrinsic Value Models vs. Current Price ($57.83)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $36.32 -37.2%
Intrinsic · High Conviction
 $21.33 -63.1%
Ensemble · Medium Conviction
 $33.50 -42.1%
Scenario · High Conviction
 $52.87 -8.6%
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What Is MLR's Fair Value Range?

Spread across 12 independent models · $9.87 to $70.71

CirclFi's 12 active models place Miller Industries, Inc. (MLR) between $9.87 and $70.71 per share, a spread of 174% of the median. The median of that range — $34.91 — is the fair value CirclFi publishes for MLR, against a current price of $57.83.

Low · ML-RIVHigh · Regime Cross
$9.87median $34.91$70.71
Where the range comes from
Most bearish modelML Residual Income$9.87
Most bullish modelRegime Cross-Sectional$70.71
Model agreement2 bullish · 10 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for MLR. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on MLR, not a CirclFi price target. How each model works →

What Is Miller Industries, Inc. (MLR) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Miller Industries, Inc.'s intrinsic value is estimated at $34.91, suggesting the stock is overvalued at its current price of $57.83. With 10 out of 12 models flagging downside (-39.6% vs price), the market may be pricing in unsustainable growth. Notably, Regime Cross sees the most upside at +22.3% (fair value: $70.71), while ML-RIV is the most conservative at -82.9% ($9.87). The spread between these extremes — +105.2% — reveals how different analytical frameworks can reach starkly different conclusions.

What Do the Models Say About MLR?

12 of 13 models are currently active for MLR. Of these, 2 models suggest upside while 10 models suggest overvaluation. Taken together, their median fair value for MLR is $34.91 — the figure CirclFi publishes as this stock's fair value. One component of that median, the Bayesian DCF, returns $36.32 on its own, implying -37.2% downside from the current price. See which stocks rank higher →

How Does MLR Rank in Auto Parts?

Among 55 Auto Parts stocks, MLR ranks #21 by Quality of Company score. CirclFi's QOC score of 8.0/10 evaluates 32 fundamental signals. A score of 8.0 indicates above-average quality.

See all Most Undervalued Auto Parts Stocks →

Within the Auto Parts space, Miller Industries, Inc. competes in an environment where EBIT per unit often separates market leaders from laggards. Understanding these industry-specific dynamics is essential context for interpreting our model outputs.

Is MLR a Value Trap?

CirclFi's Value Trap algorithm assigns MLR a score of 16/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

12 of 13 models are active for Miller Industries, Inc.. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi 32-factor quality framework, Miller Industries, Inc.'s fundamental quality profile registers 8.0/10. This robust score captures the company's profitability depth, growth consistency, balance sheet resilience, and shareholder return track record.

The gap between the most bullish and bearish model spans +105.2% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every MLR valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across MLR's 12 active models, average confidence is 51%. Moderate confidence indicates reasonable fit.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Miller Industries, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Auto Parts Stocks Should You Also Analyze?

11 related Auto Parts stocks with 13-model coverage

BWABorgWarner Inc.QOC 8.0LKQLKQ CorporationQOC 7.9PHINPHINIA Inc.QOC 8.0HSAIHesai GroupQOC 7.7THRMGentherm IncorporatedQOC 8.0HLLYHolley Inc.QOC 7.7FOXFFox Factory Holding Corp.QOC 6.6VGNTVersigent PLCQOC 5.4VCVisteon CorporationQOC 8.5ALSNAllison Transmission Holdings, Inc.QOC 9.1ALVAutoliv, Inc.QOC 9.0

Read investment analysis: BWA · LKQ · PHIN · HSAI · THRM · HLLY · FOXF · VGNT · VC · ALSN · ALV

Which Other Stocks Have a Similar Quality Score to MLR?

7 companies across all industries closest to MLR’s Quality of Company score of 8.0/10.

UFPIUFP Industries, Inc.QOC 8.0OVVOvintiv Inc.QOC 8.0AMTAmerican Tower CorporationQOC 8.0FLOCFlowco Holdings Inc.QOC 8.0CXDOCrexendo, Inc.QOC 8.0EBFEnnis, Inc.QOC 8.0NVDANVIDIA CorporationQOC 10.0

Read investment analysis: UFPI · OVV · AMT · FLOC · CXDO · EBF · NVDA

Where Does MLR Sit in CirclFi's Auto Parts Rankings?

MLR is ranked against every other Auto Parts stock CirclFi covers in each of these screens.

See all Auto Parts stocks ranked →

What Else Do Investors Ask About Miller Industries, Inc.’s Valuation?

What is Miller Industries, Inc.'s intrinsic value in 2026?

CirclFi puts Miller Industries, Inc. (MLR)'s intrinsic value at $34.91 — the median of 12 independent model estimates as of 2026-08-27, ranging from $9.87 to $70.71. One component of that median, the Bayesian DCF, runs 10,000 Monte Carlo simulations with jump-diffusion and returns $36.32 on its own. The Quality of Company score is 8.0/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is MLR overvalued or undervalued right now?

At $57.83, 2 of 12 active models suggest MLR may be undervalued, while 10 indicate potential overvaluation. The median of all 12 fair value estimates is $34.91, 39.6% below the current price of $57.83 — a consensus view that MLR is overvalued. The assessment depends on which methodology best fits Miller Industries, Inc.'s business model in Auto Parts.

What does a Quality of Company score of 8.0 mean for MLR?

Miller Industries, Inc.'s QOC of 8.0/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on MLR?

CirclFi analyzes MLR with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 12 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on MLR?

Of the 12 models currently active on MLR, Regime Cross-Sectional is the most bullish at $70.71 per share, and ML Residual Income is the most bearish at $9.87. CirclFi's published fair value for MLR is the median of that range, $34.91, not either extreme. The gap between the two ends equals 174% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is MLR a value trap in 2026?

Miller Industries, Inc.'s Value Trap score is 16/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 12-model valuation engine, Miller Industries, Inc. (MLR) has a median fair value of $34.91 — 39.6% below the current price of $57.83 — as of 2026-08-27.” Source: circlfi.com/stock/MLR/ · Methodology
Primary sources for this MLR valuation
  • Financial statements: Miller Industries, Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0000924822) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for MLR as of ; valuations recomputed .

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