MillerKnoll Inc (MLKN) is fairly valued and Whirlpool Corp (WHR) is undervalued.
Against our estimates of intrinsic value, WHR trades at the wider discount: a margin of safety of +58%, against -1% for MLKN.
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 6.5% (average of 3 methods) values the shares at $62.42; the price of $26.46 is 58% below that value, and 84% of that value comes from beyond year five.
Leak Score 31/100 on 11 of 12 signals
| Metric | MLKN | WHR |
|---|---|---|
| Verdict | Fairly valued | Undervalued |
| Price | $20.92 | $26.46 |
| Intrinsic value | $20.81 | $62.42 |
| Margin of safety | -1% | +58% |
| Leak Score | 44/100 (12/12) | 31/100 (11/12) |
| Market cap | $1.4B | $1.7B |
| Revenue growth, 5 years | 9.3% | -4.4% |
| Operating margin | 5.7% | 3.1% |
| Net margin | 2.6% | 1.2% |
| Return on equity | 7.4% | 6.0% |
| Debt to equity | 1.34 | 2.05 |
| P/E | 14.8x | 8.9x |
| Forward P/E | 9.2x | 9.3x |
| P/B | 1.1x | 0.4x |
| Dividend yield | 3.6% | 3.6% |