Millerknoll, Inc. (MLKN)

Office Furniture

Latest Price

$19.66

TTM P/E

Normalized P/E

30.72

Div Yield

3.81%

Book Value

19.71

P/B Ratio

1.00

Valuation metrics

EPS: $1.32

Book value / share: $19.69

Formula: √(22.5 × EPS × BVPS)

Graham Number

$24.18

+23% upside

Base FCF: $91M (median of recent 5yr)

Growth: 5%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$6.40

67% downside

EPS: $1.32

Target P/E: 31×

Formula: EPS × P/E

P/E Fair Value

$40.92

+108% upside

93.4% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	10.41M	$213.0M	15.14%	-132.8K	2026-06-30
Vanguard Portfolio Management LLC	5.16M	$105.0M	7.51%	+102.3K	2026-06-30
Dimensional Fund Advisors LP	3.58M	$73.0M	5.20%	-33.5K	2026-06-30
Vanguard Capital Management LLC	3.07M	$62.0M	4.47%	-9.2K	2026-06-30
Pzena Investment Management LLC	3.03M	$62.0M	4.41%	+1.04M	2026-06-30
Fuller & Thaler Asset Management, Inc.	2.86M	$58.0M	4.16%	-116.3K	2026-06-30
State Street Corp	2.77M	$57.0M	4.03%	-60.0K	2026-06-30
FMR LLC	2.09M	$42.0M	3.04%	-1.55M	2026-06-30
Invesco Ltd.	1.96M	$40.0M	2.85%	+139.8K	2026-06-30
Geode Capital Management, LLC	1.80M	$36.0M	2.61%	+83.7K	2026-06-30