Is Middleby Corp (MIDD) overvalued? · P/E 23, rev $3.88B
Middleby Corp (MIDD) is a specialty industrial machinery company listed on NASDAQ.
This page asks whether Middleby Corp (MIDD) looks expensive on cached numbers — not a short thesis.
Latest reported MIDD revenue for 2024-12-28 was $3.88B. Net income was $428.4M. Revenue was down 4.0% from 2023-12-30 to 2024-12-28. MIDD currently screens at market cap $7.45B and trailing P/E 22.6.
MIDD currently screens at market cap $7.45B and trailing P/E 22.6. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next MIDD 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the MIDD stock page for the full model, not this heading.
Not investment advice.