Mohawk Industries Inc (MHK) is slightly undervalued and MillerKnoll Inc (MLKN) is fairly valued.
Against our estimates of intrinsic value, MHK trades at the wider discount: a margin of safety of +12%, against -1% for MLKN.
Values as of the 19 Oct 2026 close.
Discounting its cash flows at 9.7% (average of 3 methods) values the shares at $131.98; the price of $115.78 is 12% below that value, and 73% of that value comes from beyond year five.
Leak Score 60/100 on 12 of 12 signals
Discounting its cash flows at 8.4% (average of 3 methods) values the shares at $20.81; the price of $20.92 is 1% above that value, and 78% of that value comes from beyond year five.
Leak Score 44/100 on 12 of 12 signals
| Metric | MHK | MLKN |
|---|---|---|
| Verdict | Slightly undervalued | Fairly valued |
| Price | $115.78 | $20.92 |
| Intrinsic value | $131.98 | $20.81 |
| Margin of safety | +12% | -1% |
| Leak Score | 60/100 (12/12) | 44/100 (12/12) |
| Market cap | $7.0B | $1.4B |
| Revenue growth, 5 years | 2.5% | 9.3% |
| Operating margin | 6.5% | 5.7% |
| Net margin | 4.2% | 2.6% |
| Return on equity | 5.5% | 7.4% |
| Debt to equity | 0.28 | 1.34 |
| P/E | 15.3x | 14.8x |
| Forward P/E | 11.6x | 9.2x |
| P/B | 0.8x | 1.1x |
| Dividend yield | — | 3.6% |