HNI CORP (HNI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HNI - US4042511000 - Common Stock
47.53 USD
+1.02 (+2.19%)
47.53 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to HNI. HNI was compared to 80 industry peers in the Commercial Services & Supplies industry. HNI gets an excellent profitability rating and is at the same time showing great financial health properties. A decent growth rate in combination with a cheap valuation! Better keep an eye on HNI. HNI also has an excellent dividend rating. With these ratings, HNI could be worth investigating further for value and dividend and quality investing!.
1. Profitability
1.1 Basic Checks
- HNI had positive earnings in the past year.
- In the past year HNI had a positive cash flow from operations.
- Each year in the past 5 years HNI has been profitable.
- Each year in the past 5 years HNI had a positive operating cash flow.
1.2 Ratios
- HNI has a Return On Assets of 7.68%. This is amongst the best in the industry. HNI outperforms 82.50% of its industry peers.
- Looking at the Return On Equity, with a value of 16.94%, HNI belongs to the top of the industry, outperforming 81.25% of the companies in the same industry.
- HNI has a Return On Invested Capital of 12.16%. This is amongst the best in the industry. HNI outperforms 81.25% of its industry peers.
- HNI had an Average Return On Invested Capital over the past 3 years of 10.10%. This is in line with the industry average of 10.58%.
- The 3 year average ROIC (10.10%) for HNI is below the current ROIC(12.16%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.68% | ||
| ROE | 16.94% | ||
| ROIC | 12.16% |
ROA(3y)6.25%
ROA(5y)5.14%
ROE(3y)14.39%
ROE(5y)12.08%
ROIC(3y)10.1%
ROIC(5y)9.3%
1.3 Margins
- The Profit Margin of HNI (5.46%) is better than 68.75% of its industry peers.
- In the last couple of years the Profit Margin of HNI has grown nicely.
- With a decent Operating Margin value of 8.75%, HNI is doing good in the industry, outperforming 63.75% of the companies in the same industry.
- In the last couple of years the Operating Margin of HNI has grown nicely.
- Looking at the Gross Margin, with a value of 41.49%, HNI is in the better half of the industry, outperforming 73.75% of the companies in the same industry.
- HNI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.75% | ||
| PM (TTM) | 5.46% | ||
| GM | 41.49% |
OM growth 3Y23.18%
OM growth 5Y4.73%
PM growth 3Y26.35%
PM growth 5Y2.34%
GM growth 3Y5.48%
GM growth 5Y2.07%
2. Health
2.1 Basic Checks
- HNI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- The number of shares outstanding for HNI has been increased compared to 1 year ago.
- HNI has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for HNI has been reduced compared to a year ago.
2.2 Solvency
- HNI has an Altman-Z score of 3.67. This indicates that HNI is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of HNI (3.67) is better than 73.75% of its industry peers.
- The Debt to FCF ratio of HNI is 1.80, which is an excellent value as it means it would take HNI, only 1.80 years of fcf income to pay off all of its debts.
- With an excellent Debt to FCF ratio value of 1.80, HNI belongs to the best of the industry, outperforming 82.50% of the companies in the same industry.
- A Debt/Equity ratio of 0.40 indicates that HNI is not too dependend on debt financing.
- With a Debt to Equity ratio value of 0.40, HNI perfoms like the industry average, outperforming 57.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 1.8 | ||
| Altman-Z | 3.67 |
ROIC/WACC1.45
WACC8.38%
2.3 Liquidity
- HNI has a Current Ratio of 1.33. This is a normal value and indicates that HNI is financially healthy and should not expect problems in meeting its short term obligations.
- HNI has a Current ratio of 1.33. This is comparable to the rest of the industry: HNI outperforms 43.75% of its industry peers.
- A Quick Ratio of 0.85 indicates that HNI may have some problems paying its short term obligations.
- HNI has a worse Quick ratio (0.85) than 73.75% of its industry peers.
- The current and quick ratio evaluation for HNI is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 0.85 |
3. Growth
3.1 Past
- HNI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.04%, which is quite good.
- HNI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.47% yearly.
- The Revenue has been growing slightly by 1.15% in the past year.
- HNI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.37% yearly.
EPS 1Y (TTM)11.04%
EPS 3Y23.61%
EPS 5Y3.47%
EPS Q2Q%6.8%
Revenue 1Y (TTM)1.15%
Revenue growth 3Y4.97%
Revenue growth 5Y2.37%
Sales Q2Q%1.73%
3.2 Future
- Based on estimates for the next years, HNI will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.64% on average per year.
- The Revenue is expected to grow by 3.59% on average over the next years.
EPS Next Y17.17%
EPS Next 2Y15.76%
EPS Next 3Y15.64%
EPS Next 5YN/A
Revenue Next Year4.05%
Revenue Next 2Y3.65%
Revenue Next 3Y3.59%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 13.50, which indicates a correct valuation of HNI.
- Based on the Price/Earnings ratio, HNI is valued cheaply inside the industry as 85.00% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Earnings ratio of 27.32, HNI is valued rather cheaply.
- HNI is valuated reasonably with a Price/Forward Earnings ratio of 11.59.
- HNI's Price/Forward Earnings ratio is rather cheap when compared to the industry. HNI is cheaper than 88.75% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.30, HNI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.5 | ||
| Fwd PE | 11.59 |
4.2 Price Multiples
- 80.00% of the companies in the same industry are more expensive than HNI, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, HNI is valued cheaply inside the industry as 87.50% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.5 | ||
| EV/EBITDA | 7.39 |
4.3 Compensation for Growth
- HNI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- HNI has an outstanding profitability rating, which may justify a higher PE ratio.
- HNI's earnings are expected to grow with 15.64% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.79
PEG (5Y)3.89
EPS Next 2Y15.76%
EPS Next 3Y15.64%
5. Dividend
5.1 Amount
- HNI has a Yearly Dividend Yield of 2.95%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 0.83, HNI pays a better dividend. On top of this HNI pays more dividend than 88.75% of the companies listed in the same industry.
- HNI's Dividend Yield is rather good when compared to the S&P500 average which is at 1.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.95% |
5.2 History
- The dividend of HNI has a limited annual growth rate of 3.58%.
- HNI has been paying a dividend for at least 10 years, so it has a reliable track record.
- HNI has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)3.58%
Div Incr Years14
Div Non Decr Years26
5.3 Sustainability
- 44.63% of the earnings are spent on dividend by HNI. This is a bit on the high side, but may be sustainable.
- HNI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP44.63%
EPS Next 2Y15.76%
EPS Next 3Y15.64%
47.53
+1.02 (+2.19%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)10-28 2025-10-28/bmo
Earnings (Next)02-18 2026-02-18/amc
Inst Owners94.88%
Inst Owner Change0.05%
Ins Owners1.61%
Ins Owner Change-12.69%
Market Cap2.18B
Revenue(TTM)2.59B
Net Income(TTM)141.60M
Analysts80
Price Target68.34 (43.78%)
Short Float %4.16%
Short Ratio2.32
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.95% |
Yearly Dividend1.35
Dividend Growth(5Y)3.58%
DP44.63%
Div Incr Years14
Div Non Decr Years26
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)15.18%
Min EPS beat(2)1.98%
Max EPS beat(2)28.39%
EPS beat(4)4
Avg EPS beat(4)18.82%
Min EPS beat(4)1.98%
Max EPS beat(4)28.39%
EPS beat(8)8
Avg EPS beat(8)28.21%
EPS beat(12)12
Avg EPS beat(12)82.31%
EPS beat(16)16
Avg EPS beat(16)68.46%
Revenue beat(2)1
Avg Revenue beat(2)0.2%
Min Revenue beat(2)-1.78%
Max Revenue beat(2)2.18%
Revenue beat(4)2
Avg Revenue beat(4)-0.12%
Min Revenue beat(4)-3.18%
Max Revenue beat(4)2.31%
Revenue beat(8)3
Avg Revenue beat(8)-1.33%
Revenue beat(12)5
Avg Revenue beat(12)-0.8%
Revenue beat(16)8
Avg Revenue beat(16)-0.9%
PT rev (1m)0%
PT rev (3m)0.37%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.73%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.34%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.35%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.5 | ||
| Fwd PE | 11.59 | ||
| P/S | 0.84 | ||
| P/FCF | 11.5 | ||
| P/OCF | 8.71 | ||
| P/B | 2.61 | ||
| P/tB | 9.39 | ||
| EV/EBITDA | 7.39 |
EPS(TTM)3.52
EY7.41%
EPS(NY)4.1
Fwd EY8.63%
FCF(TTM)4.13
FCFY8.7%
OCF(TTM)5.46
OCFY11.48%
SpS56.57
BVpS18.24
TBVpS5.06
PEG (NY)0.79
PEG (5Y)3.89
Graham Number38
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.68% | ||
| ROE | 16.94% | ||
| ROCE | 15.82% | ||
| ROIC | 12.16% | ||
| ROICexc | 12.4% | ||
| ROICexgc | 21.74% | ||
| OM | 8.75% | ||
| PM (TTM) | 5.46% | ||
| GM | 41.49% | ||
| FCFM | 7.31% |
ROA(3y)6.25%
ROA(5y)5.14%
ROE(3y)14.39%
ROE(5y)12.08%
ROIC(3y)10.1%
ROIC(5y)9.3%
ROICexc(3y)10.32%
ROICexc(5y)9.75%
ROICexgc(3y)18.8%
ROICexgc(5y)18.69%
ROCE(3y)13.14%
ROCE(5y)12.1%
ROICexgc growth 3Y10.64%
ROICexgc growth 5Y-2.01%
ROICexc growth 3Y13.99%
ROICexc growth 5Y-0.96%
OM growth 3Y23.18%
OM growth 5Y4.73%
PM growth 3Y26.35%
PM growth 5Y2.34%
GM growth 3Y5.48%
GM growth 5Y2.07%
F-Score8
Asset Turnover1.41
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 1.8 | ||
| Debt/EBITDA | 1.01 | ||
| Cap/Depr | 58.78% | ||
| Cap/Sales | 2.34% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 75.81% | ||
| Profit Quality | 133.83% | ||
| Current Ratio | 1.33 | ||
| Quick Ratio | 0.85 | ||
| Altman-Z | 3.67 |
F-Score8
WACC8.38%
ROIC/WACC1.45
Cap/Depr(3y)71.22%
Cap/Depr(5y)69.5%
Cap/Sales(3y)2.75%
Cap/Sales(5y)2.68%
Profit Quality(3y)172.64%
Profit Quality(5y)207.79%
High Growth Momentum
Growth
EPS 1Y (TTM)11.04%
EPS 3Y23.61%
EPS 5Y3.47%
EPS Q2Q%6.8%
EPS Next Y17.17%
EPS Next 2Y15.76%
EPS Next 3Y15.64%
EPS Next 5YN/A
Revenue 1Y (TTM)1.15%
Revenue growth 3Y4.97%
Revenue growth 5Y2.37%
Sales Q2Q%1.73%
Revenue Next Year4.05%
Revenue Next 2Y3.65%
Revenue Next 3Y3.59%
Revenue Next 5YN/A
EBIT growth 1Y1.25%
EBIT growth 3Y29.3%
EBIT growth 5Y7.21%
EBIT Next Year65.47%
EBIT Next 3Y39.42%
EBIT Next 5YN/A
FCF growth 1Y48.86%
FCF growth 3Y38.73%
FCF growth 5Y2.65%
OCF growth 1Y19.21%
OCF growth 3Y19.88%
OCF growth 5Y0.66%
HNI CORP / HNI FAQ
What is the fundamental rating for HNI stock?
ChartMill assigns a fundamental rating of 7 / 10 to HNI.
Can you provide the valuation status for HNI CORP?
ChartMill assigns a valuation rating of 8 / 10 to HNI CORP (HNI). This can be considered as Undervalued.
What is the profitability of HNI stock?
HNI CORP (HNI) has a profitability rating of 8 / 10.
What is the valuation of HNI CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for HNI CORP (HNI) is 13.5 and the Price/Book (PB) ratio is 2.61.
How financially healthy is HNI CORP?
The financial health rating of HNI CORP (HNI) is 7 / 10.