HAVERTY FURNITURE COS-CL A (HVT.A) Stock Fundamental Analysis
NYSE:HVT.A - New York Stock Exchange, Inc. - US4195962000 - Common Stock - Currency: USD
Overall HVT.A gets a fundamental rating of 6 out of 10. We evaluated HVT.A against 120 industry peers in the Specialty Retail industry. HVT.A has an excellent financial health rating, but there are some minor concerns on its profitability. HVT.A scores decently on growth, while it is valued quite cheap. This could make an interesting combination. This makes HVT.A very considerable for value investing!
1. Profitability
1.1 Basic Checks
In the past year HVT.A was profitable.
In the past year HVT.A had a positive cash flow from operations.
HVT.A had positive earnings in each of the past 5 years.
Each year in the past 5 years HVT.A had a positive operating cash flow.
1.2 Ratios
HVT.A has a Return On Assets (3.08%) which is in line with its industry peers.
HVT.A's Return On Equity of 6.49% is fine compared to the rest of the industry. HVT.A outperforms 62.81% of its industry peers.
The Return On Invested Capital of HVT.A (2.98%) is comparable to the rest of the industry.
HVT.A had an Average Return On Invested Capital over the past 3 years of 10.44%. This is below the industry average of 13.01%.
The 3 year average ROIC (10.44%) for HVT.A is well above the current ROIC(2.98%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.08% | ||
| ROE | 6.49% | ||
| ROIC | 2.98% |
ROA(3y)8.49%
ROA(5y)9.48%
ROE(3y)18.55%
ROE(5y)22.89%
ROIC(3y)10.44%
ROIC(5y)12.56%
1.3 Margins
HVT.A's Profit Margin of 2.76% is fine compared to the rest of the industry. HVT.A outperforms 66.94% of its industry peers.
In the last couple of years the Profit Margin of HVT.A has remained more or less at the same level.
HVT.A has a Operating Margin (2.78%) which is comparable to the rest of the industry.
HVT.A's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 60.74%, HVT.A belongs to the top of the industry, outperforming 89.26% of the companies in the same industry.
HVT.A's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.78% | ||
| PM (TTM) | 2.76% | ||
| GM | 60.74% |
OM growth 3Y-38.05%
OM growth 5Y-4.06%
PM growth 3Y-32.47%
PM growth 5Y0.23%
GM growth 3Y2.3%
GM growth 5Y2.32%
2. Health
2.1 Basic Checks
HVT.A 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 HVT.A has been increased compared to 1 year ago.
HVT.A has less shares outstanding than it did 5 years ago.
HVT.A has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 2.91 indicates that HVT.A is not a great score, but indicates only limited risk for bankruptcy at the moment.
HVT.A's Altman-Z score of 2.91 is fine compared to the rest of the industry. HVT.A outperforms 67.77% of its industry peers.
HVT.A has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 2.91 |
ROIC/WACC0.3
WACC9.81%
2.3 Liquidity
HVT.A has a Current Ratio of 1.82. This is a normal value and indicates that HVT.A is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.82, HVT.A is doing good in the industry, outperforming 77.69% of the companies in the same industry.
A Quick Ratio of 1.18 indicates that HVT.A should not have too much problems paying its short term obligations.
HVT.A's Quick ratio of 1.18 is fine compared to the rest of the industry. HVT.A outperforms 79.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.82 | ||
| Quick Ratio | 1.18 |
3. Growth
3.1 Past
HVT.A shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -53.99%.
HVT.A shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.17% yearly.
HVT.A shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -16.15%.
Measured over the past years, HVT.A shows a decrease in Revenue. The Revenue has been decreasing by -2.06% on average per year.
EPS 1Y (TTM)-53.99%
EPS 3Y-37.83%
EPS 5Y0.17%
EPS Q2Q%64.29%
Revenue 1Y (TTM)-16.15%
Revenue growth 3Y-10.63%
Revenue growth 5Y-2.06%
Sales Q2Q%-1.32%
3.2 Future
Based on estimates for the next years, HVT.A will show a very strong growth in Earnings Per Share. The EPS will grow by 44.66% on average per year.
Based on estimates for the next years, HVT.A will show a small growth in Revenue. The Revenue will grow by 6.41% on average per year.
EPS Next Y11.27%
EPS Next 2Y44.66%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.58%
Revenue Next 2Y6.41%
Revenue Next 3YN/A
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 16.31, which indicates a correct valuation of HVT.A.
HVT.A's Price/Earnings ratio is a bit cheaper when compared to the industry. HVT.A is cheaper than 70.25% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.17, HVT.A is valued a bit cheaper.
A Price/Forward Earnings ratio of 8.39 indicates a reasonable valuation of HVT.A.
HVT.A's Price/Forward Earnings ratio is rather cheap when compared to the industry. HVT.A is cheaper than 85.12% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.10. HVT.A is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.31 | ||
| Fwd PE | 8.39 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HVT.A is valued cheaply inside the industry as 80.17% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, HVT.A is valued a bit cheaper than the industry average as 74.38% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.47 | ||
| EV/EBITDA | 5.14 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
HVT.A has a very decent profitability rating, which may justify a higher PE ratio.
HVT.A's earnings are expected to grow with 44.66% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.45
PEG (5Y)95.72
EPS Next 2Y44.66%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.19%, HVT.A is a good candidate for dividend investing.
HVT.A's Dividend Yield is rather good when compared to the industry average which is at 5.28. HVT.A pays more dividend than 93.39% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, HVT.A pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.19% |
5.2 History
On average, the dividend of HVT.A grows each year by 10.67%, which is quite nice.
HVT.A has been paying a dividend for over 5 years, so it has already some track record.
The dividend of HVT.A decreased recently.
Dividend Growth(5Y)10.67%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
102.57% of the earnings are spent on dividend by HVT.A. This is not a sustainable payout ratio.
HVT.A's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP102.57%
EPS Next 2Y44.66%
EPS Next 3YN/A
NYSE:HVT.A (5/13/2025, 8:04:00 PM)
20.71
+2 (+10.69%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners89.16%
Inst Owner Change0.17%
Ins Owners10.74%
Ins Owner ChangeN/A
Market Cap334.47M
Analysts80
Price Target23.91 (15.45%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.19% |
Yearly Dividend1.27
Dividend Growth(5Y)10.67%
DP102.57%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)91%
Min EPS beat(2)-41.43%
Max EPS beat(2)223.43%
EPS beat(4)2
Avg EPS beat(4)44.35%
Min EPS beat(4)-61.85%
Max EPS beat(4)223.43%
EPS beat(8)3
Avg EPS beat(8)19.28%
EPS beat(12)7
Avg EPS beat(12)26.89%
EPS beat(16)11
Avg EPS beat(16)34.26%
Revenue beat(2)1
Avg Revenue beat(2)-4.51%
Min Revenue beat(2)-10.52%
Max Revenue beat(2)1.49%
Revenue beat(4)1
Avg Revenue beat(4)-5.11%
Min Revenue beat(4)-10.52%
Max Revenue beat(4)1.49%
Revenue beat(8)1
Avg Revenue beat(8)-6.04%
Revenue beat(12)5
Avg Revenue beat(12)-2.1%
Revenue beat(16)8
Avg Revenue beat(16)0.31%
PT rev (1m)-21.91%
PT rev (3m)-32.51%
EPS NQ rev (1m)-9.68%
EPS NQ rev (3m)-55.32%
EPS NY rev (1m)-9.41%
EPS NY rev (3m)-35.64%
Revenue NQ rev (1m)-0.36%
Revenue NQ rev (3m)-2.88%
Revenue NY rev (1m)-0.33%
Revenue NY rev (3m)-0.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.31 | ||
| Fwd PE | 8.39 | ||
| P/S | 0.46 | ||
| P/FCF | 12.47 | ||
| P/OCF | 5.68 | ||
| P/B | 1.09 | ||
| P/tB | 1.09 | ||
| EV/EBITDA | 5.14 |
EPS(TTM)1.27
EY6.13%
EPS(NY)2.47
Fwd EY11.92%
FCF(TTM)1.66
FCFY8.02%
OCF(TTM)3.65
OCFY17.61%
SpS44.76
BVpS19.04
TBVpS19.04
PEG (NY)1.45
PEG (5Y)95.72
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.08% | ||
| ROE | 6.49% | ||
| ROCE | 3.88% | ||
| ROIC | 2.98% | ||
| ROICexc | 3.89% | ||
| ROICexgc | 3.89% | ||
| OM | 2.78% | ||
| PM (TTM) | 2.76% | ||
| GM | 60.74% | ||
| FCFM | 3.71% |
ROA(3y)8.49%
ROA(5y)9.48%
ROE(3y)18.55%
ROE(5y)22.89%
ROIC(3y)10.44%
ROIC(5y)12.56%
ROICexc(3y)13.79%
ROICexc(5y)18.41%
ROICexgc(3y)13.79%
ROICexgc(5y)18.41%
ROCE(3y)13.58%
ROCE(5y)16.34%
ROICexcg growth 3Y-49.04%
ROICexcg growth 5Y-8%
ROICexc growth 3Y-49.04%
ROICexc growth 5Y-8%
OM growth 3Y-38.05%
OM growth 5Y-4.06%
PM growth 3Y-32.47%
PM growth 5Y0.23%
GM growth 3Y2.3%
GM growth 5Y2.32%
F-Score6
Asset Turnover1.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 148.5% | ||
| Cap/Sales | 4.44% | ||
| Interest Coverage | 123.13 | ||
| Cash Conversion | 141.33% | ||
| Profit Quality | 134.38% | ||
| Current Ratio | 1.82 | ||
| Quick Ratio | 1.18 | ||
| Altman-Z | 2.91 |
F-Score6
WACC9.81%
ROIC/WACC0.3
Cap/Depr(3y)200.69%
Cap/Depr(5y)174.23%
Cap/Sales(3y)4.44%
Cap/Sales(5y)3.63%
Profit Quality(3y)79.31%
Profit Quality(5y)101.86%
High Growth Momentum
Growth
EPS 1Y (TTM)-53.99%
EPS 3Y-37.83%
EPS 5Y0.17%
EPS Q2Q%64.29%
EPS Next Y11.27%
EPS Next 2Y44.66%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-16.15%
Revenue growth 3Y-10.63%
Revenue growth 5Y-2.06%
Sales Q2Q%-1.32%
Revenue Next Year4.58%
Revenue Next 2Y6.41%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-70.13%
EBIT growth 3Y-44.64%
EBIT growth 5Y-6.04%
EBIT Next Year375.13%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-39.17%
FCF growth 3Y-24.82%
FCF growth 5Y-10.46%
OCF growth 1Y-39.4%
OCF growth 3Y-15.37%
OCF growth 5Y-1.46%