XNASMIDD
Market cap7.24bUSD
Jan 08, Last price
134.56USD
1D
0.25%
1Q
0.85%
Jan 2017
4.46%
Name
Middleby Corp
Chart & Performance
Profile
The Middleby Corporation designs, manufactures, markets, distributes, and services a range of foodservice, food processing, and residential kitchen equipment in the United States, Canada, Asia, Europe, the Middle East, and Latin America. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, rethermalizers; steam cooking, food warming, catering, induction cooking, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, cold rooms, ice machines, and freezers; and soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment, fry dispensers, bottle filling and canning equipment, and IoT solutions. The company's Food Processing Equipment Group segment provides batch, baking, proofing, conveyor belt, and continuous processing ovens; frying and automated thermal processing systems; tumblers, massagers, grinders, slicers, reduction and emulsion systems, mixers, formers, and blenders; battering, breading, and seeding equipment; water cutting systems, food presses, food suspension equipment, filling and depositing solutions, and forming equipment; and food safety, food handling, freezing, and defrosting and packaging equipment for customers producing hot dog, dinner sausage, poultry, and lunchmeat, as well as muffin, cookie, and bread products. Its Residential Kitchen Equipment Group segment offers kitchen equipment comprising cookers, stoves, dishwashers, microwaves, cooktops, wine coolers, ice machines, and ventilation and outdoor equipment. The company was formerly known as Middleby Marshall Oven Company and changed its name to The Middleby Corporation in 1985. The company was founded in 1888 and is based in Elgin, Illinois.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2022‑00 | 2021‑00 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2016‑00 | |
Income | |||||||||
Revenues | 4,036,605 24.17% | 4,032,853 60.46% | |||||||
Cost of revenue | 2,555,643 | 3,432,433 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 1,480,962 | 600,420 | |||||||
NOPBT Margin | 36.69% | 14.89% | |||||||
Operating Taxes | 118,496 | 127,846 | |||||||
Tax Rate | 8.00% | 21.29% | |||||||
NOPAT | 1,362,466 | 472,574 | |||||||
Net income | 400,882 -17.93% | 436,569 110.60% | |||||||
Dividends | |||||||||
Dividend yield | |||||||||
Proceeds from repurchase of equity | (74,565) | (264,777) | |||||||
BB yield | 0.94% | 3.60% | |||||||
Debt | |||||||||
Debt current | 71,239 | 45,583 | |||||||
Long-term debt | 2,555,473 | 2,701,991 | |||||||
Deferred revenue | 12,495 | ||||||||
Other long-term liabilities | 121,643 | 179,395 | |||||||
Net debt | 2,339,334 | 2,527,393 | |||||||
Cash flow | |||||||||
Cash from operating activities | 628,790 | 332,552 | |||||||
CAPEX | (85,179) | (69,522) | |||||||
Cash from investing activities | (155,742) | (348,319) | |||||||
Cash from financing activities | (390,939) | 7,631 | |||||||
FCF | 779,333 | (220,472) | |||||||
Balance | |||||||||
Cash | 247,496 | 162,001 | |||||||
Long term investments | 39,882 | 58,180 | |||||||
Excess cash | 85,548 | 18,538 | |||||||
Stockholders' equity | 3,676,704 | 3,220,547 | |||||||
Invested Capital | 5,825,146 | 5,669,379 | |||||||
ROIC | 24.57% | 9.56% | |||||||
ROCE | 24.17% | 10.16% | |||||||
EV | |||||||||
Common stock shares outstanding | 54,086 | 54,947 | |||||||
Price | 147.17 -25.20% | 133.90 3.86% | |||||||
Market cap | 7,959,837 -28.61% | 7,357,403 3.51% | |||||||
EV | 10,299,171 | 9,884,796 | |||||||
EBITDA | 1,613,566 | 738,481 | |||||||
EV/EBITDA | 6.38 | 13.39 | |||||||
Interest | 120,348 | 88,977 | |||||||
Interest/NOPBT | 8.13% | 14.82% |