Undervalued Furnishing, Fixture & Appliance Stocks on NAS August 2024

August 31, 2024

Furnishings, Fixtures & Appliances

Companies in the Furnishings, Fixtures & Appliances industry manufacture and market wooden, metal, and upholstered furniture, mattresses, bedsprings, light fixtures, wooden flooring, wallpaper and household products, such as utensils, cutlery, tableware, and appliances.

NASDAQ

The National Association of Securities Dealers Automated Quotations (Nasdaq) located in New York City, is the most active stock exchange by volume in the United States.

Our Valuation

A stock is considered undervalued if it trades at a discount to our valuation. To determine a stock’s intrinsic value, we developed an algorithm that uses 6 valuation models to determine the value of a company.* To learn more about stockcalc’s valuation methods, click here.

Undervalued Furnishings, Fixtures & Appliances stocks

Stocks in this category are traded through the economic cycles primarily for capital appreciation. Large cap stocks in this space are also held for income.

For an in-depth look at the fundamentals and valuation of each company, try the stockcalc platform free for 30 days.

SymbolNameClose Price ($)Valuation ($)Difference (%)Average Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
MLKN MillerKnoll 29.43 33.23 12.92 402354 2176 2.55 26.5
PATK Patrick Industries 129.09 134.00 3.80 148468 2862 1.70 18.5
All data provided as at market close August 29, 2024.

Company Details

MillerKnoll

MLKN:NAS

Close Price

29.43

Our Valuation

33.23

% Difference

12.92

Market Cap ($M)

2176

P/E Ratio

26.5

MillerKnoll Inc, formerly Herman Miller Inc researches, designs, manufactures, sells, and distributes interior furnishings across the globe. The Company has three reportable segments: Americas Contract , International Contract & Specialty International & Specialty and Global Retail.

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Patrick Industries

PATK:NAS

Close Price

129.09

Our Valuation

134.00

% Difference

3.80

Market Cap ($M)

2862

P/E Ratio

18.5

Patrick Industries Inc makes and sells building products and materials for recreational vehicles and manufactured housing. The company is organized into two segments based on product type: manufacturing and distribution. The manufacturing segment, which generates the majority of revenue, sells laminated and vinyl products that include furniture, shelving, cabinets, bath fixtures, and countertops.

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MillerKnoll and Patrick Industries are the most undervalued Furnishings, Fixtures & Appliances stocks on the NAS. See the full list on the blog: https://www.stockcalc.com/Blog/undervalued-furnishing-fixture-appliance-stocks-nas-august-2024
MillerKnoll $MLKN and Patrick Industries $PATK are the most undervalued Furnishings, Fixtures & Appliances stocks on the #NAS. See the full list: https://www.stockcalc.com/Blog/undervalued-furnishing-fixture-appliance-stocks-nas-august-2024
MillerKnoll and Patrick Industries are the most undervalued Furnishings, Fixtures & Appliances stocks on the NAS. See the full list on the blog: https://www.stockcalc.com/Blog/undervalued-furnishing-fixture-appliance-stocks-nas-august-2024

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