Need an investment idea? Check out Popular Stocks and S2O Stock Screener.

Market Price

37.25 

0.20 0.5%

as of Sep 19 '18

52 Week Range:

29.95 41.85


Stock Analyzer Tutorials

S2O Stock Analyzer - General Info

General Info


type: video (mp4); length: 3:30

Demonstrates how to use Stock Analyzer, shows how to analyze a stock and explains in detail "General Info" section of the Stock Analyzer result page.

S2O Stock Analyzer - Financial Statements

Financial Statements


type: video (mp4); length: 5:10

Explains information presented in the Financial Statements section of the S2O Stock Analyzer: financial statements charts, absolute values and growth rates.

S2O Stock Analyzer - Growth Grade and Financial Ratios

Growth Grade and Financial Ratios


type: video (mp4); length: 5:09

Demonstrates how to use Growth Grade & Financial Ratios section; shows the difference between historical and year-over-year Growth Grade on the real life example.

S2O Stock Analyzer - Value Price

Value Price


type: video (mp4); length: 6:03

Demonstrates how to use Value Price (intrinsic value) and the Graham Number, MOS (margin of safety) and IRT - Investment Recovery Time; explains 3 different projection models used to compute value price - pessimistic, moderate and optimistic.

S2O Stock Analyzer - Price Charts

Price Charts


type: video (mp4); length: 8:34

Demonstrates basic rules of how to read a candlestick chart, long and short term moving averages, stochastic, MACD and relative strength (RS) charts. Explains how bull or bear market condition is computed.

General Info

Herman Miller, Inc. engages in the research, design, manufacture, and distribution of office furniture systems, seating products, other freestanding furniture elements, textiles, home furnishings, and related services in the United States and internationally. The company provides modular systems under the Canvas Office Landscape, Locale, Public Office Landscape, Layout Studio, Action Office, Ethospace, Arras, and Resolve names; seating products under the Embody, Aeron, Mirra2, Setu, Say, Verus, Celle, Equa, Taper, and Ergon names; and storage products under the Meridian and Tu names. It also offers wood casegoods under the Geiger name; freestanding furniture products under the Abak, Intent, Sense, and Envelop names; and healthcare products under the Palisade, Compass, Nala, Ava, and Nemschoff names, as well as provides Thrive portfolio of ergonomic solutions and textiles, and data analytics solutions. In addition, the company provides products for residential settings under the Eames, Nelson, Bubble Lamps, Airia, Ardea, Bumper, Burdick Group, Everywhere tables, Claw, Caper, Distil, Envelope, Formwork, Full Round, H Frame, I Beam, Landmark, Logic Mini, Logic Power Access Solutions, Renew, Rolled Arm, Scissor, Sled, Soft Pad, Swoop, Tone, Twist, Ward Bennett, and Wireframe names. Its products are used in institutional environments, including offices and related conference, lobby, and lounge areas, as well as general public areas, such as transportation terminals; health/science environments comprising hospitals, clinics, and other healthcare facilities; industrial and educational settings; and residential and other environments. The company markets its products through its sales staff, own dealer network, independent dealers and retailers, and independent contract office furniture dealers, as well as through e-commerce Website. Herman Miller, Inc. was founded in 1905 and is headquartered in Zeeland, Michigan.

Financial Statements

The charts below show selected Annual and Quarterly Financial Data.

The purpose of these charts is to discover long and short term change dynamics. When numbers are growing year after year in the annual statements chart, the business become stronger and stronger and this is a good sign.

Quarterly Data Chart can be used to do a short term analysis. It makes sense to pay attention to the quarterly dynamics and do not wait for the next yearly statement. We should be alerted if we see that quarterly numbers are going down.

You can check "Annual Financial Statements" and "Quarterly Financial Statements" sections for exact numbers and growth rates.

Annual Statements

On a charts below the Line shows absolute values and the Bar chart shows Year-Over-Year Growth Rate for selected financial statement item. A consistent GROWTH is generally considered necessary to fund future growth from within a business.
NOTE: Growth Rate is not provided if either the latest period or the year-ago period contains a net loss. (source: WSJ Digest of Earnings)
TIP! move your mouse pointer over bar or a circle on any chart below to see details.

Financial Statements

Income Statement



 

Cash Flow Statement



 

Balance Sheet



 

Liquidity Ratios

Current Ratio


 

Current Ratio measures the ability to meet short term obligations. Generally accepted standard is 2 (current assets should be 2 times or 200% of current liabilities).

Quick Ratio


 

Measures immediate liquidity or the cash available to cover immediate liabilities. A safe margin would be at least 1 (100%).

Financial Leverage


 

Defined as total assets divided by total shareholders' equity. The higher the ratio, the more debt a company uses in its capital structure.

Profitability Ratios

ROA


 

Return on Assets (ROA) measures the income (profit) that is generated by the use of the assets of the business.

ROE


 

Return on Equity (ROE) is a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders equity. ROE is sometimes called "return on net worth."

ROIC


 

The Return on Invested Capital (ROIC) measure gives a sense of how well a company is using its money to generate returns. Some investors use this figure as a final evaluation to determine whether or not to invest in a company.

Annual Statements

Item Name May '08 May '09 May '10 May '11 May '12 May '13 May '14 May '15 May '16 May '17 Jun '18
Equity (BVPS) -0.01
0.96
1.40
3.53
4.26
4.99
6.11
7.11
8.21
9.72
11.02
growth rate 100.0% 45.8% 152.1% 20.7% 17.1% 22.4% 16.4% 15.5% 18.4% 13.4%
Earnings BIT 230.40
98.90
34.80
102.50
119.50
97.20
-25.80
183.90
211.50
203.30
183.20
growth rate -57.1% -64.8% 194.5% 16.6% -18.7% -100.0% 100.0% 15.0% -3.9% -9.9%
Avg.PE 9.70
11.42
39.06
20.45
14.37
24.27
-39.24
17.31
14.38
16.00
17.72
growth rate 17.7% 242.0% -47.6% -29.7% 68.9% -100.0% 100.0% -16.9% 11.3% 10.8%
ROA 21.02
8.77
3.68
8.93
9.11
7.65
-2.28
8.95
11.28
9.75
9.20
growth rate -58.3% -58.0% 142.7% 2.0% -16.0% -100.0% 100.0% 26.0% -13.6% -5.6%
ROE 170.45
433.12
64.25
49.67
33.18
24.02
-6.39
24.38
28.72
22.29
20.46
growth rate 154.1% -85.2% -22.7% -33.2% -27.6% -100.0% 100.0% 17.8% -22.4% -8.2%
ROIC 41.88
19.92
11.92
19.72
17.96
14.98
-2.14
16.89
20.07
17.33
15.62
growth rate -52.4% -40.2% 65.4% -8.9% -16.6% -100.0% 100.0% 18.8% -13.7% -9.9%
Cur. Ratio 1.59
1.59
1.26
1.76
1.81
1.38
1.27
1.32
1.23
1.28
1.56
growth rate 0.0% -20.8% 39.7% 2.8% -23.8% -8.0% 3.9% -6.8% 4.1% 21.9%
Quick Ratio 1.22
1.25
0.93
1.30
1.36
0.94
0.89
0.74
0.78
0.76
1.04
growth rate 2.5% -25.6% 39.8% 4.6% -30.9% -5.3% -16.9% 5.4% -2.6% 36.8%
Leverage 33.47
95.91
9.62
3.97
3.37
2.96
2.66
2.78
2.36
2.22
2.23
growth rate 186.6% -90.0% -58.7% -15.1% -12.2% -10.1% 4.5% -15.1% -5.9% 0.5%
Balance Sheet May '08 May '09 May '10 May '11 May '12 May '13 May '14 May '15 May '16 May '17 Jun '18
Acct.Receivable 209.00
148.90
144.70
193.10
180.10
200.50
228.20
189.60
211.00
186.60
219.30
growth rate -28.8% -2.8% 33.5% -6.7% 11.3% 13.8% -16.9% 11.3% -11.6% 17.5%
Acct.Payable 253.70
290.00
288.80
164.70
165.60
352.50
171.40
growth rate 14.3% -0.4% -43.0% 0.6% 112.9% -51.4%
Cur.Assets 493.20
450.90
395.90
478.10
455.30
399.30
451.80
463.50
480.50
491.90
645.40
growth rate -8.6% -12.2% 20.8% -4.8% -12.3% 13.2% 2.6% 3.7% 2.4% 31.2%
Total Assets 783.20
767.30
770.60
814.40
839.10
946.50
990.90
1,192.70
1,235.20
1,306.30
1,479.50
growth rate -2.0% 0.4% 5.7% 3.0% 12.8% 4.7% 20.4% 3.6% 5.8% 13.3%
Cash 171.10
192.90
134.80
148.60
172.20
82.70
101.50
63.70
84.90
96.20
203.90
growth rate 12.7% -30.1% 10.2% 15.9% -52.0% 22.7% -37.2% 33.3% 13.3% 112.0%
Inventory 55.10
37.30
57.90
66.20
59.30
76.20
78.40
129.60
128.20
152.40
162.40
growth rate -32.3% 55.2% 14.3% -10.4% 28.5% 2.9% 65.3% -1.1% 18.9% 6.6%
Cur.Liabilities 310.50
282.20
314.20
272.20
253.70
290.00
356.10
363.40
390.00
385.70
413.80
growth rate -9.1% 11.3% -13.4% -6.8% 14.3% 22.8% 2.1% 7.3% -1.1% 7.3%
Liabilities 759.80
759.30
690.50
609.40
590.80
627.00
618.80
742.00
683.50
694.20
784.20
growth rate -0.1% -9.1% -11.8% -3.1% 6.1% -1.3% 19.9% -7.9% 1.6% 13.0%
LT Debt 375.50
302.40
200.00
250.00
250.00
250.00
200.00
289.80
221.90
199.90
275.00
growth rate -19.5% -33.9% 25.0% 0.0% 0.0% -20.0% 44.9% -23.4% -9.9% 37.6%
Equity 23.40
8.00
80.10
205.00
248.30
319.50
372.10
419.80
524.40
587.50
664.60
growth rate -65.8% 901.3% 155.9% 21.1% 28.7% 16.5% 12.8% 24.9% 12.0% 13.1%
Common Shares 60.00
55.00
57.00
58.00
58.00
59.00
59.00
60.00
61.00
61.00
60.00
growth rate -8.3% 3.6% 1.8% 0.0% 1.7% 0.0% 1.7% 1.7% 0.0% -1.6%
Cash Flow Statement May '08 May '09 May '10 May '11 May '12 May '13 May '14 May '15 May '16 May '17 Jun '18
Capital Expenditures 40.50
-0.30
-0.70
-1.00
28.50
50.20
40.80
63.60
85.10
87.30
70.60
growth rate -100.0% 0.0% 0.0% 100.0% 76.1% -18.7% 55.9% 33.8% 2.6% -19.1%
Cash Dividends 21.20
19.20
4.90
5.00
5.20
19.10
30.30
33.30
34.90
39.40
42.40
growth rate -9.4% -74.5% 2.0% 4.0% 267.3% 58.6% 9.9% 4.8% 12.9% 7.6%
Cash From OA 213.60
91.70
99.10
89.00
90.10
136.50
90.10
167.70
210.40
202.10
166.50
growth rate -57.1% 8.1% -10.2% 1.2% 51.5% -34.0% 86.1% 25.5% -3.9% -17.6%
FCF per Share 2.09
2.22
1.24
1.05
1.05
0.62
1.13
1.63
1.79
1.75
2.03
growth rate 6.2% -44.1% -15.3% 0.0% -41.0% 82.3% 44.3% 9.8% -2.2% 16.0%
Sale Purchase of Stock 3.70
3.60
8.10
7.80
9.20
11.70
17.00
growth rate -2.7% 125.0% -3.7% 18.0% 27.2% 45.3%
FCF 173.00
66.00
76.00
61.00
62.00
86.00
49.00
104.00
125.00
114.00
96.00
growth rate -61.9% 15.2% -19.7% 1.6% 38.7% -43.0% 112.2% 20.2% -8.8% -15.8%
Income Statement May '08 May '09 May '10 May '11 May '12 May '13 May '14 May '15 May '16 May '17 Jun '18
Sales 2,012.10
1,630.00
1,318.80
1,649.20
1,724.10
1,774.90
1,882.00
2,142.20
2,264.90
2,278.20
2,381.20
growth rate -19.0% -19.1% 25.1% 4.5% 3.0% 6.0% 13.8% 5.7% 0.6% 4.5%
Op.Income 246.60
122.80
53.60
123.30
75.20
68.20
-25.70
183.90
211.50
203.30
183.20
growth rate -50.2% -56.4% 130.0% -39.0% -9.3% -100.0% 100.0% 15.0% -3.9% -9.9%
IBT 230.40
98.90
34.80
102.50
119.50
97.20
-43.40
145.30
197.00
179.20
171.10
growth rate -57.1% -64.8% 194.5% 16.6% -18.7% -100.0% 100.0% 35.6% -9.0% -4.5%
Net Income 152.30
68.00
28.30
70.80
75.20
68.20
-22.10
97.50
136.70
123.90
128.10
growth rate -55.4% -58.4% 150.2% 6.2% -9.3% -100.0% 100.0% 40.2% -9.4% 3.4%
EPS 2.56
1.25
0.43
1.06
1.29
1.16
-0.37
1.62
2.26
2.05
2.12
growth rate -51.2% -65.6% 146.5% 21.7% -10.1% -100.0% 100.0% 39.5% -9.3% 3.4%
Gross Profit 698.70
527.70
428.50
538.10
590.60
605.20
631.00
799.20
874.20
864.20
873.00
growth rate -24.5% -18.8% 25.6% 9.8% 2.5% 4.3% 26.7% 9.4% -1.1% 1.0%
R&D 45.70
40.50
45.80
52.70
59.90
65.90
71.40
77.10
73.10
73.10
growth rate -11.4% 13.1% 15.1% 13.7% 10.0% 8.4% 8.0% -5.2% 0.0%

Quarterly Statements

Item Name May '17 Sep '17 Dec '17 Mar '18 Jun '18
Earnings BIT 50.80
51.20
51.70
38.30
43.90
growth rate 0.8% 1.0% -25.9% 14.6%
Balance Sheet May '17 Sep '17 Dec '17 Mar '18 Jun '18
Acct.Receivable 186.60
191.20
189.80
191.60
219.30
growth rate 2.5% -0.7% 1.0% 14.5%
Acct.Payable 352.50
166.20
166.70
160.90
171.40
growth rate -52.9% 0.3% -3.5% 6.5%
Cur.Assets 491.90
498.70
526.20
608.70
645.40
growth rate 1.4% 5.5% 15.7% 6.0%
Total Assets 1,306.30
1,318.40
1,351.10
1,441.70
1,479.50
growth rate 0.9% 2.5% 6.7% 2.6%
Cash 96.20
80.00
114.60
193.00
203.90
growth rate -16.8% 43.3% 68.4% 5.7%
Inventory 152.40
166.90
172.20
169.40
162.40
growth rate 9.5% 3.2% -1.6% -4.1%
Cur.Liabilities 385.70
384.00
396.50
383.30
413.80
growth rate -0.4% 3.3% -3.3% 8.0%
Liabilities 694.20
686.30
696.40
760.10
784.20
growth rate -1.1% 1.5% 9.2% 3.2%
LT Debt 199.90
205.60
200.40
275.00
275.00
growth rate 2.9% -2.5% 37.2% 0.0%
Equity 587.50
608.50
630.60
657.10
664.60
growth rate 3.6% 3.6% 4.2% 1.1%
Common Shares 11.90
12.00
11.90
11.80
11.70
growth rate 0.8% -0.8% -0.8% -0.9%
Cash Flow Statement May '17 Sep '17 Dec '17 Mar '18 Jun '18
Capital Expenditures 16.80
24.90
14.90
11.20
19.60
growth rate 48.2% -40.2% -24.8% 75.0%
Cash Dividends 10.20
10.20
10.70
10.80
10.70
growth rate 0.0% 4.9% 0.9% -0.9%
Cash From OA 80.00
18.90
62.60
29.20
55.80
growth rate -76.4% 231.2% -53.4% 91.1%
Sale Purchase of Stock -2.40
4.40
1.30
10.30
1.00
growth rate 100.0% -70.5% 692.3% -90.3%
FCF 63.20
-6.00
47.70
18.00
36.20
growth rate -100.0% 100.0% -62.3% 101.1%
Income Statement May '17 Sep '17 Dec '17 Mar '18 Jun '18
Sales 577.20
580.30
604.60
578.40
618.00
growth rate 0.5% 4.2% -4.3% 6.9%
Op.Income 49.80
51.20
51.70
38.30
43.90
growth rate 2.8% 1.0% -25.9% 14.6%
IBT 47.00
47.30
47.80
36.90
39.20
growth rate 0.6% 1.1% -22.8% 6.2%
Net Income 33.40
33.10
33.50
29.80
31.80
growth rate -0.9% 1.2% -11.0% 6.7%
EPS
growth rate
Gross Profit 220.80
216.90
222.10
205.80
228.30
growth rate -1.8% 2.4% -7.3% 10.9%
R&D 17.90
18.50
18.00
18.10
18.50
growth rate 3.4% -2.7% 0.6% 2.2%

Growth Grade & Financial Ratios

All financial ratios below are calculated based on latest annual statements available and present the most up to date snapshot of a company finances.

Growth Grade

Historical Growth Grade:

C (51.65)

YOY Growth Grade:

D (35.34)

Click on buttons above for detailed yearly growth rates.

Market Ratios

Profitability Ratios

Liquidity Ratios

Efficiency Ratios

Value Price

PE and EPS

Historical Current Forward
PE 17.74 17.57 11.94
EPS / Growth 8.8% 2.12 50.6%

Value Price & Investment Recovery Time

Read more about Stock2Own value price in Stock Market: Fundamental Analysis.

Equity Growth Rate: 24.3%

Estimates Pessimistic Moderate Optimistic My Numbers
Rate of Return 15.0%
MOS Price % 50 %
Future EPS Growth 8.8% 16.5% 16.5%
Future PE 11.94 20.92 20.92
Future EPS 4.90 9.80 9.80
Value Price
MOS %
14.47
-61.1%
50.66
36.0%
50.66
36.0%
MOS Price 7.24 25.33 25.33
IRT 10.49 8.16 8.16

Graham Number:

NOTE: The Graham Number applies only to certain types of stocks in combination with a number of other criteria.

Read more about Graham Number in Stock Market: Fundamental Analysis.

Price Chart

The functionality you are trying to reach is available to registered users only.

Login to your account or Register Now if you are not registered yet. Registration is FREE and will take only a minute.

Risk / Reward Ratios

The functionality you are trying to reach is available to registered users only.

Login to your account or Register Now if you are not registered yet. Registration is FREE and will take only a minute.