HAVERTY FURNITURE (HVT) Stock Fundamental Analysis
USA - NYSE:HVT - US4195961010 - Common Stock
21.65 USD
+1.43 (+7.07%)
21.65 USD
0 (0%)
Taking everything into account, HVT scores 6 out of 10 in our fundamental rating. HVT was compared to 121 industry peers in the Specialty Retail industry. HVT is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. HVT is valued quite cheap, while showing a decent growth score. This is a good combination! HVT also has an excellent dividend rating. These ratings could make HVT a good candidate for value and dividend investing.
1. Profitability
1.1 Basic Checks
In the past year HVT was profitable.
HVT had a positive operating cash flow in the past year.
Each year in the past 5 years HVT has been profitable.
HVT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.05%, HVT is in line with its industry, outperforming 59.50% of the companies in the same industry.
With a decent Return On Equity value of 6.43%, HVT is doing good in the industry, outperforming 61.98% of the companies in the same industry.
HVT has a Return On Invested Capital (3.05%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for HVT is in line with the industry average of 11.81%.
The 3 year average ROIC (10.44%) for HVT is well above the current ROIC(3.05%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 6.43% | ||
| ROIC | 3.05% |
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
Looking at the Profit Margin, with a value of 2.71%, HVT is in the better half of the industry, outperforming 67.77% of the companies in the same industry.
HVT's Profit Margin has been stable in the last couple of years.
With a Operating Margin value of 2.81%, HVT perfoms like the industry average, outperforming 52.89% of the companies in the same industry.
HVT's Operating Margin has declined in the last couple of years.
HVT has a Gross Margin of 61.04%. This is amongst the best in the industry. HVT outperforms 90.91% of its industry peers.
In the last couple of years the Gross Margin of HVT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.81% | ||
| PM (TTM) | 2.71% | ||
| GM | 61.04% |
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 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 has been increased compared to 1 year ago.
The number of shares outstanding for HVT has been reduced compared to 5 years ago.
HVT 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 is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of HVT (2.91) is better than 65.29% of its industry peers.
HVT 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/WACC0.33
WACC9.36%
2.3 Liquidity
A Current Ratio of 1.81 indicates that HVT should not have too much problems paying its short term obligations.
The Current ratio of HVT (1.81) is better than 77.69% of its industry peers.
HVT has a Quick Ratio of 1.09. This is a normal value and indicates that HVT is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of HVT (1.09) is better than 77.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.81 | ||
| Quick Ratio | 1.09 |
3. Growth
3.1 Past
HVT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -27.04%.
The Earnings Per Share has been growing slightly by 0.17% on average over the past years.
HVT shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -16.15%.
Measured over the past years, HVT shows a decrease in Revenue. The Revenue has been decreasing by -2.06% on average per year.
EPS 1Y (TTM)-27.04%
EPS 3Y-37.83%
EPS 5Y0.17%
EPS Q2Q%0%
Revenue 1Y (TTM)-16.15%
Revenue growth 3Y-10.63%
Revenue growth 5Y-2.06%
Sales Q2Q%10.55%
3.2 Future
The Earnings Per Share is expected to grow by 44.66% on average over the next years. This is a very strong growth
Based on estimates for the next years, HVT will show a small growth in Revenue. The Revenue will grow by 5.71% on average per year.
EPS Next Y-3.71%
EPS Next 2Y44.66%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.25%
Revenue Next 2Y5.71%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 18.66, which indicates a rather expensive current valuation of HVT.
HVT's Price/Earnings ratio is a bit cheaper when compared to the industry. HVT is cheaper than 73.55% of the companies in the same industry.
When comparing the Price/Earnings ratio of HVT to the average of the S&P500 Index (26.19), we can say HVT is valued slightly cheaper.
A Price/Forward Earnings ratio of 8.77 indicates a reasonable valuation of HVT.
HVT's Price/Forward Earnings ratio is rather cheap when compared to the industry. HVT is cheaper than 90.91% of the companies in the same industry.
HVT's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.50.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.66 | ||
| Fwd PE | 8.77 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HVT is valued cheaper than 86.78% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, HVT is valued cheaper than 81.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.09 | ||
| EV/EBITDA | 5.08 |
4.3 Compensation for Growth
The decent profitability rating of HVT may justify a higher PE ratio.
HVT's earnings are expected to grow with 44.66% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)109.56
EPS Next 2Y44.66%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.15%, HVT is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.20, HVT pays a better dividend. On top of this HVT pays more dividend than 95.04% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.33, HVT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.15% |
5.2 History
The dividend of HVT is nicely growing with an annual growth rate of 10.67%!
HVT has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)10.67%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
HVT pays out 105.92% of its income as dividend. This is not a sustainable payout ratio.
HVT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP105.92%
EPS Next 2Y44.66%
EPS Next 3YN/A
21.65
+1.43 (+7.07%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners86.24%
Inst Owner Change0.26%
Ins Owners10.52%
Ins Owner Change-4.36%
Market Cap352.25M
Revenue(TTM)722.90M
Net Income(TTM)19.59M
Analysts80
Price Target29.58 (36.63%)
Short Float %5.17%
Short Ratio6.69
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.15% |
Yearly Dividend1.27
Dividend Growth(5Y)10.67%
DP105.92%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)35.96%
Min EPS beat(2)9.25%
Max EPS beat(2)62.66%
EPS beat(4)3
Avg EPS beat(4)63.48%
Min EPS beat(4)-41.43%
Max EPS beat(4)223.43%
EPS beat(8)5
Avg EPS beat(8)31.25%
EPS beat(12)7
Avg EPS beat(12)23.94%
EPS beat(16)11
Avg EPS beat(16)25.77%
Revenue beat(2)2
Avg Revenue beat(2)1.24%
Min Revenue beat(2)1.16%
Max Revenue beat(2)1.32%
Revenue beat(4)3
Avg Revenue beat(4)-1.64%
Min Revenue beat(4)-10.52%
Max Revenue beat(4)1.49%
Revenue beat(8)3
Avg Revenue beat(8)-4.05%
Revenue beat(12)5
Avg Revenue beat(12)-2.66%
Revenue beat(16)8
Avg Revenue beat(16)-1.45%
PT rev (1m)0%
PT rev (3m)26.09%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-35.21%
EPS NY rev (1m)0%
EPS NY rev (3m)-13.46%
Revenue NQ rev (1m)-0.26%
Revenue NQ rev (3m)-3.91%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)-1.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.66 | ||
| Fwd PE | 8.77 | ||
| P/S | 0.49 | ||
| P/FCF | 13.09 | ||
| P/OCF | 6.43 | ||
| P/B | 1.16 | ||
| P/tB | 1.16 | ||
| EV/EBITDA | 5.08 |
EPS(TTM)1.16
EY5.36%
EPS(NY)2.47
Fwd EY11.41%
FCF(TTM)1.65
FCFY7.64%
OCF(TTM)3.36
OCFY15.54%
SpS44.43
BVpS18.74
TBVpS18.74
PEG (NY)N/A
PEG (5Y)109.56
Graham Number22.11
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 6.43% | ||
| ROCE | 3.97% | ||
| ROIC | 3.05% | ||
| ROICexc | 3.86% | ||
| ROICexgc | 3.86% | ||
| OM | 2.81% | ||
| PM (TTM) | 2.71% | ||
| GM | 61.04% | ||
| FCFM | 3.72% |
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%
ROICexgc growth 3Y-49.04%
ROICexgc 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-Score5
Asset Turnover1.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 119.52% | ||
| Cap/Sales | 3.85% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 125.53% | ||
| Profit Quality | 137.31% | ||
| Current Ratio | 1.81 | ||
| Quick Ratio | 1.09 | ||
| Altman-Z | 2.91 |
F-Score5
WACC9.36%
ROIC/WACC0.33
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)-27.04%
EPS 3Y-37.83%
EPS 5Y0.17%
EPS Q2Q%0%
EPS Next Y-3.71%
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%10.55%
Revenue Next Year3.25%
Revenue Next 2Y5.71%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-54.37%
EBIT growth 3Y-44.64%
EBIT growth 5Y-6.04%
EBIT Next Year375.13%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y186.19%
FCF growth 3Y-24.82%
FCF growth 5Y-10.46%
OCF growth 1Y-15.52%
OCF growth 3Y-15.37%
OCF growth 5Y-1.46%
HAVERTY FURNITURE / HVT FAQ
What is the ChartMill fundamental rating of HAVERTY FURNITURE (HVT) stock?
ChartMill assigns a fundamental rating of 6 / 10 to HVT.
What is the valuation status for HVT stock?
ChartMill assigns a valuation rating of 7 / 10 to HAVERTY FURNITURE (HVT). This can be considered as Undervalued.
How profitable is HAVERTY FURNITURE (HVT) stock?
HAVERTY FURNITURE (HVT) has a profitability rating of 6 / 10.
What is the valuation of HAVERTY FURNITURE based on its PE and PB ratios?
The Price/Earnings (PE) ratio for HAVERTY FURNITURE (HVT) is 18.66 and the Price/Book (PB) ratio is 1.16.
Can you provide the financial health for HVT stock?
The financial health rating of HAVERTY FURNITURE (HVT) is 7 / 10.