Question 1

What is Miller Industries, Inc.'s WACC?

Accepted Answer

Miller Industries, Inc. (MLR) has a Weighted Average Cost of Capital (WACC) of 7.57%. This is calculated using a Cost of Equity of 7.90% (via CAPM with a beta of 0.79) and a pre-tax Cost of Debt of 6.04%, with an equity weight of 89.43% in the capital structure.

Question 2

Is Miller Industries, Inc.'s WACC high or low?

Accepted Answer

Miller Industries, Inc.'s WACC of 7.57% is below the typical range of 8-12% for most companies, indicating relatively low cost of capital and lower risk. WACC is used as the discount rate in DCF valuations — a lower WACC results in higher present values of future cash flows.

Question 3

How is Miller Industries, Inc.'s WACC calculated?

Accepted Answer

Miller Industries, Inc.'s WACC is calculated using the formula: WACC = (E/V × Re) + (D/V × Rd × (1-T)). The Cost of Equity (Re) of 7.90% is derived from the CAPM model using a beta of 0.79. The pre-tax Cost of Debt (Rd) is 6.04%. The capital structure is 89.43% equity and 10.57% debt.

Miller Industries, Inc. (MLR) — WACC 分析

WACC 构成

解读

Miller Industries, Inc.（MLR）WACC：7.57%

WACC计算器

Miller Industries, Inc.（MLR） WACC 解读

MLR 公司分析

MLR DCF 估值

继续做同行对比