MillerKnoll Inc (MLKN) is fairly valued and Somnigroup International Inc (SGI) is overvalued.
Both trade above our estimate of their intrinsic value. MLKN is the closer of the two: -1%, against -135% for SGI.
Values as of the 19 Oct 2026 close.
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
Discounting its cash flows at 9.6% (average of 3 methods) values the shares at $26.73; the price of $62.80 is 135% above that value, and 73% of that value comes from beyond year five.
Leak Score 38/100 on 12 of 12 signals
| Metric | MLKN | SGI |
|---|---|---|
| Verdict | Fairly valued | Overvalued |
| Price | $20.92 | $62.80 |
| Intrinsic value | $20.81 | $26.73 |
| Margin of safety | -1% | -135% |
| Leak Score | 44/100 (12/12) | 38/100 (12/12) |
| Market cap | $1.4B | $14.5B |
| Revenue growth, 5 years | 9.3% | 8.7% |
| Operating margin | 5.7% | 13.5% |
| Net margin | 2.6% | 7.0% |
| Return on equity | 7.4% | 17.6% |
| Debt to equity | 1.34 | 1.99 |
| P/E | 14.8x | 25.0x |
| Forward P/E | 9.2x | 16.1x |
| P/B | 1.1x | 4.1x |
| Dividend yield | 3.6% | 1.1% |