Mueller Industries, Inc. (MLI) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-22.6%

$42.69

vs $55.14 price

Levered DCF

$40.93

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

12.19

Safe zone

Rating

Overall 4 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	16.9×	14.73×	8.72×	5×	7×	13.97×	17.45×	12.7×
P/B	5.17×	3.21×	2.25×	1.84×	2.68×	2.51×	2.75×	2.42×
P/S	3.08×	2.36×	1.54×	0.83×	0.87×	0.81×	0.73×	0.53×
EV / EBITDA	10.62×	9.04×	4.65×	3.1×	4.63×	8×	8.91×	8.14×
Gross margin	27.4%	27.7%	28.9%	28.1%	22.0%	18.0%	16.3%	14.3%
Operating margin	21.4%	20.4%	22.1%	22.0%	17.4%	10.3%	7.9%	6.9%
Net margin	18.3%	16.0%	17.6%	16.5%	12.4%	5.8%	4.2%	4.2%
Current ratio	5.92×	5.06×	6.43×	4.41×	2.66×	2.43×	2.96×	3.02×
Debt / equity	0.02×	0.01×	0.02×	0.01×	0.02×	0.46×	0.64×	0.91×
Interest coverage	8,289.37×	1,879×	619.21×	1,082.9×	85.08×	12.77×	7.45×	6.86×
Dividend yield	0.8%	1.0%	1.3%	1.7%	0.9%	1.1%	1.3%	1.7%
Payout ratio	14.3%	14.7%	11.1%	8.5%	6.2%	16.0%	22.1%	21.7%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	30.7%	21.8%	25.8%	36.8%	38.3%	18.0%	15.7%	19.0%
Return on invested capital	26.0%	19.9%	22.6%	34.5%	35.9%	14.4%	12.5%	11.7%
Return on assets	25.4%	18.4%	21.8%	29.4%	27.1%	9.1%	7.4%	7.6%
Free cash flow yield	5.3%	6.4%	11.8%	20.9%	8.5%	10.3%	9.6%	9.8%
Earnings yield	5.9%	6.8%	11.5%	20.0%	14.3%	7.2%	5.7%	7.9%
Enterprise value	$11.6B	$7.9B	$4.1B	$2.9B	$3.2B	$2.2B	$2.1B	$1.8B
Net debt / EBITDA	-1.21×	-1.15×	-1.28×	-0.47×	-0.09×	0.87×	1.35×	1.97×
Cash conversion cycle (days)	81	82	76	76	77	85	78	78