EBAY
eBay Inc.
EBAY has slightly lower modeled downside risk, despite its lower overall score.
MLKN
MillerKnoll, Inc.
MLKN has the edge over EBAY overall, supported by stronger valuation and stronger modeled upside.
EBAY Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Stable |
EBAY's revenue, profitability and cash flow are currently healthy, and its balance sheet is stable.
MLKN Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Under pressure |
MLKN's profitability and cash flow are currently healthy, and its revenue is stable, but its balance sheet is under pressure.
EBAY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.9x | $31.50 | -74% |
| Fair | 16x | $71.96 | -40% |
| Forward | 18x | $120 | — |
| Expensive | 22x | $99.04 | -18% |
| Current | 26x | $120 | — |
Historical ranges are pointers, not guarantees.
EBAY's PE is in its expensive range at 26x. If earnings grow as analysts expect, today's price would be 18x next year's earnings.
MLKN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 11x | $21.33 | — |
| Cheap | 15x | $21.02 | -1.5% |
| Current | 15x | $21.33 | — |
| Fair | 26x | $37.13 | +74% |
| Expensive | 52x | $73.38 | +244% |
Historical ranges are pointers, not guarantees.
MLKN has the edge over EBAY in the historical PE scenario, which offers more potential upside but is not a forecast.
EBAY Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Stable | |
| Moderate | |
| Moderate |
EBAY has the edge over MLKN on the outlook, with more favorable revenue expectations.
MLKN Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Stable | |
| Stable | |
| Limited | |
| Low |
Analysts expect MLKN's earnings to grow, with its revenue and profitability holding steady. However, they disagree widely on these estimates.
EBAY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.63 | +45% |
| Q3 2026 | $4.57 | +0.4% |
| Q2 2026 | $4.82 | +7.3% |
| Q1 2026 | $4.40 | +6% |
| Q4 2025 | $4.34 | +10% |
| Q3 2025 | $4.55 | +15% |
| Q2 2025 | $4.49 | -12% |
| Q1 2025 | $4.15 | -17% |
| Q4 2024 | $3.94 | -24% |
EBAY has the edge over MLKN on earnings, with more consistent year-over-year improvement.
MLKN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.93 | +37% |
| Q3 2026 | $1.41 | +$1.64 |
| Q2 2026 | $1.32 | +$1.86 |
| Q1 2026 | $0.16 | -62% |
| Q4 2025 | -$0.37 | -141% |
| Q3 2025 | -$0.23 | -126% |
| Q2 2025 | -$0.54 | -149% |
| Q1 2025 | $0.42 | -56% |
| Q4 2024 | $0.91 | +36% |
MLKN has returned to profit: it earned $1.41 per share over the past year, after losing money the year before.
EBAY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.2B | +14% |
| Q2 2026 | $3.1B | +15% |
| Q1 2026 | $3.1B | +19% |
| Q4 2025 | $3B | +15% |
| Q3 2025 | $2.8B | +9.5% |
| Q2 2025 | $2.7B | +6.1% |
| Q1 2025 | $2.6B | +1.1% |
| Q4 2024 | $2.6B | +0.7% |
EBAY has the edge over MLKN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 19% | -1.2 points |
| Q2 2026 | 22% | +3.8 points |
| Q1 2026 | 20% | -4 points |
| Q4 2025 | 20% | -0.8 points |
| Q3 2025 | 20% | -2.7 points |
| Q2 2025 | 18% | -3.6 points |
| Q1 2025 | 24% | -0.9 points |
| Q4 2024 | 21% | +5.1 points |
EBAY has the edge over MLKN on profitability, with a higher operating margin.
MLKN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $923.4M | -3.4% |
| Q2 2026 | $1B | +4.4% |
| Q1 2026 | $926.6M | +5.8% |
| Q4 2025 | $955.2M | -1.6% |
| Q3 2025 | $955.7M | +11% |
| Q2 2025 | $961.8M | +8.2% |
| Q1 2025 | $876.2M | +0.4% |
| Q4 2024 | $970.4M | +2.2% |
MLKN's revenue fell from its 2022 peak and has held roughly level since: $923M last quarter, down 3.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.6% | 0 points |
| Q2 2026 | 5.1% | -0.6 points |
| Q1 2026 | 4.8% | +14 points |
| Q4 2025 | 5.1% | -1.4 points |
| Q3 2025 | 5.6% | +3.8 points |
| Q2 2025 | 5.7% | +3 points |
| Q1 2025 | -9.4% | -14 points |
| Q4 2024 | 6.4% | +0.1 points |
MLKN's operating margin was 5.6% last quarter, about level with the same quarter a year ago.
EBAY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $749M | -6.7% |
| Q2 2026 | $300M | +$741M |
| Q1 2026 | $897M | +39% |
| Q4 2025 | $466M | -17% |
| Q3 2025 | $803M | +24% |
| Q2 2025 | -$441M | -259% |
| Q1 2025 | $644M | +36% |
| Q4 2024 | $560M | +$564M |
EBAY has the edge over MLKN on cash flow, with more consistent year-over-year improvement.
MLKN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $16.6M | +$37.9M |
| Q2 2026 | $25.9M | -18% |
| Q1 2026 | $39M | +0.5% |
| Q4 2025 | $34M | +3% |
| Q3 2025 | -$21.3M | -$19.8M |
| Q2 2025 | $31.4M | -44% |
| Q1 2025 | $38.8M | -12% |
| Q4 2024 | $33M | -47% |
MLKN still generates free cash flow, though less than at its 2023 peak: $116M over the past year.
EBAY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -2M shares |
| 1 year | -3% | -14M shares |
| 3 years | -15% | -79M shares |
| 5 years | -31% | -205M shares |
| Available history | -44% | -359M shares |
EBAY has the edge over MLKN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $664M |
| Q2 2026 | $323M |
| Q1 2026 | $486M |
| Q4 2025 | $635M |
| Q3 2025 | $626M |
| Q2 2025 | $624M |
| Q1 2025 | $615M |
| Q4 2024 | $911M |
EBAY spent $2.1B buying back its own shares over the past year, down 24% from the year before.
MLKN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1% | +719K shares |
| 1 year | +1.2% | +846K shares |
| 3 years | -7.5% | -5.7M shares |
| 5 years | +5.6% | +3.7M shares |
| Available history | +18% | +10.6M shares |
MLKN has 70M diluted shares, up 1.2% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2025 | $100,000 |
| Q1 2025 | $17.9M |
| Q4 2024 | $23.2M |
| Q3 2024 | $43.7M |
| Q2 2024 | $37.2M |
| Q1 2024 | $41M |
| Q4 2023 | $28M |
| Q3 2023 | $32M |
EBAY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.9x | Healthy |
| Q2 2026 | 1.5x | Healthy |
| Q1 2026 | 1.4x | Healthy |
| Q4 2025 | 1.8x | Healthy |
| Q3 2025 | 1.7x | Healthy |
| Q2 2025 | 1.8x | Healthy |
| Q1 2025 | 1.4x | Healthy |
| Q4 2024 | 1.9x | Healthy |
EBAY has the edge over MLKN on leverage, with a lower net debt burden relative to earnings.
MLKN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.3x | Elevated |
| Q2 2026 | 3.2x | Elevated |
| Q1 2026 | 3.2x | Elevated |
| Q4 2025 | 5.4x | High |
| Q3 2025 | 5.1x | High |
| Q2 2025 | 5.9x | High |
| Q1 2025 | 7.0x | High |
| Q4 2024 | 4.0x | Elevated |
MLKN's net debt is about 3.3 years of its operating earnings (EBITDA), down from 5.1 years a year ago.
EBAY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 61.9 | Neutral |
| Stochastic | 80.0 | Overbought |
EBAY's weekly RSI is 62 (neutral) and its Stochastic is 80 (overbought).
MLKN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.3 | Neutral |
| Stochastic | 40.8 | Neutral |
MLKN's weekly RSI is 54 (neutral) and its Stochastic is 41 (neutral).
EBAY PE vs Consumer Cyclical Sector
| Metric | EBAY | Sector median | Relative |
|---|---|---|---|
| PE | 26x | 18x | 46% above |
| PE % | 91 | 47 | 44 pts above |
EBAY is trading at 26x earnings, a 46% premium to the Consumer Cyclical sector's median of 18x.
MLKN PE vs Consumer Cyclical Sector
| Metric | MLKN | Sector median | Relative |
|---|---|---|---|
| PE | 15x | 18x | 16% below |
| PE % | 18 | 47 | 29 pts below |
MLKN has the edge over EBAY on valuation relative to its sector.
EBAY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $116.5 | 3.1% above |
| 20 week MA | $112.4 | 6.9% above |
| 50 week MA | $102.6 | 17% above |
| 100 week MA | $89.8 | 34% above |
| 200 week MA | $69.5 | 73% above |
EBAY has the edge over MLKN on trend strength, trading above more of its moving averages.
MLKN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $21.0 | 1.8% above |
| 20 week MA | $21.8 | 1.9% below |
| 50 week MA | $19.4 | 10% above |
| 100 week MA | $19.2 | 11% above |
| 200 week MA | $21.4 | 0.5% below |
MLKN's trend is mixed: it's above three of its five weekly moving averages, and 0.5% below its 200-week average.
EBAY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $36.1 | $50.1 | +39% |
| 2021 | $50.1 | $64.9 | +29% |
| 2022 | $64.9 | $40.2 | -38% |
| 2023 | $40.2 | $43.6 | +8.6% |
| 2024 | $43.6 | $62.8 | +44% |
| 2025 | $62.8 | $85.2 | +36% |
| 2026 YTD | $85.2 | $120.1 | +41% |
EBAY has the edge over MLKN on returns for 2026, with the stronger performance.
MLKN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $41.6 | $34.6 | -17% |
| 2021 | $34.6 | $37.6 | +8.6% |
| 2022 | $37.6 | $21.1 | -44% |
| 2023 | $21.1 | $26.7 | +26% |
| 2024 | $26.7 | $22.4 | -16% |
| 2025 | $22.4 | $18.1 | -19% |
| 2026 YTD | $18.1 | $21.3 | +18% |
MLKN has finished lower in four of the last six years. It's up 18% so far in 2026.