Miller Industries (NYSE:MLR) vs. Aptiv (NYSE:APTV) Head-To-Head Analysis

Miller Industries (NYSE:MLR) and Aptiv (NYSE:APTV) are both auto/tires/trucks companies, but which is the superior investment? We will compare the two businesses based on the strength of their risk, institutional ownership, analyst recommendations, earnings, profitability, dividends and valuation.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for Miller Industries and Aptiv, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Miller Industries	1	1	1	0	2.00
Aptiv	1	1	22	0	2.88

Miller Industries currently has a consensus price target of $50.00, suggesting a potential upside of 2.34%. Aptiv has a consensus price target of $82.67, suggesting a potential upside of 24.15%. Given Aptiv’s stronger consensus rating and higher probable upside, analysts clearly believe Aptiv is more favorable than Miller Industries.

Volatility & Risk

Miller Industries has a beta of 1.11, suggesting that its share price is 11% more volatile than the S&P 500. Comparatively, Aptiv has a beta of 1.45, suggesting that its share price is 45% more volatile than the S&P 500.

Earnings & Valuation

This table compares Miller Industries and Aptiv”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Miller Industries	$790.27 million	0.70	$23.01 million	$1.34	36.46
Aptiv	$20.40 billion	0.69	$165.00 million	$1.69	39.40

Aptiv has higher revenue and earnings than Miller Industries. Miller Industries is trading at a lower price-to-earnings ratio than Aptiv, indicating that it is currently the more affordable of the two stocks.

Insider and Institutional Ownership

79.2% of Miller Industries shares are held by institutional investors. Comparatively, 94.2% of Aptiv shares are held by institutional investors. 4.5% of Miller Industries shares are held by insiders. Comparatively, 0.1% of Aptiv shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Miller Industries and Aptiv’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Miller Industries	2.08%	3.70%	2.58%
Aptiv	1.77%	17.83%	7.08%

Summary

Aptiv beats Miller Industries on 11 of the 14 factors compared between the two stocks.

About Miller Industries

Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment. It also provides transport trailers for moving various vehicles for auto auctions, car dealerships, leasing companies, and other similar operations. The company markets its products under the Century, Vulcan, Challenger, Holmes, Champion, Chevron, Eagle, Titan, Jige, and Boniface brands. Miller Industries, Inc. sells its products through independent distributors in North America, and Canada, Mexico; and through prime contractors to governmental entities. Miller Industries, Inc. was incorporated in 1990 and is headquartered in Ooltewah, Tennessee.

About Aptiv

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience. The Signal and Power Solutions segment designs, manufactures, and assembles vehicle’s electrical architecture, including engineered component products, connectors, wiring assemblies and harnesses, cable management products, electrical centers, and hybrid high voltage and safety distribution systems. Its Advanced Safety and User Experience segment provides critical technologies and services for vehicle safety, security, comfort, and convenience, such as sensing and perception systems, electronic control units, multi-domain controllers, vehicle connectivity systems, application software, autonomous driving technologies, and end-to-end DevOps tools. The company was formerly known as Delphi Automotive PLC and changed its name to Aptiv PLC in December 2017. Aptiv PLC was incorporated in 2011 and is based in Dublin, Ireland.