HAVERTY FURNITURE (HVT) Stock Fundamental Analysis
NYSE:HVT - New York Stock Exchange, Inc. - US4195961010 - Common Stock - Currency: USD
HVT gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 121 industry peers in the Specialty Retail industry. HVT has an excellent financial health rating, but there are some minor concerns on its profitability. HVT is valued quite cheap, while showing a decent growth score. This is a good combination! Finally HVT also has an excellent dividend rating. These ratings would make HVT suitable 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.
In the past 5 years HVT has always been profitable.
HVT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
HVT has a Return On Assets of 3.32%. This is in the better half of the industry: HVT outperforms 60.33% of its industry peers.
Looking at the Return On Equity, with a value of 6.99%, HVT is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
HVT has a Return On Invested Capital (3.36%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for HVT is below the industry average of 13.13%.
The last Return On Invested Capital (3.36%) for HVT is well below the 3 year average (10.44%), which needs to be investigated, but indicates that HVT had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.32% | ||
| ROE | 6.99% | ||
| ROIC | 3.36% |
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
With a decent Profit Margin value of 2.96%, HVT is doing good in 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.
HVT has a Operating Margin of 3.12%. This is comparable to the rest of the industry: HVT outperforms 56.20% of its industry peers.
In the last couple of years the Operating Margin of HVT has declined.
The Gross Margin of HVT (60.95%) is better than 90.08% of its industry peers.
HVT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.12% | ||
| PM (TTM) | 2.96% | ||
| GM | 60.95% |
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.
HVT has more shares outstanding than it did 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
HVT has an Altman-Z score of 2.90. This is not the best score and indicates that HVT is in the grey zone with still only limited risk for bankruptcy at the moment.
HVT has a better Altman-Z score (2.90) than 68.59% of its industry peers.
There is no outstanding debt for HVT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 2.9 |
ROIC/WACC0.35
WACC9.61%
2.3 Liquidity
A Current Ratio of 1.81 indicates that HVT should not have too much problems paying its short term obligations.
HVT has a better Current ratio (1.81) than 77.69% of its industry peers.
A Quick Ratio of 1.12 indicates that HVT should not have too much problems paying its short term obligations.
HVT's Quick ratio of 1.12 is fine compared to the rest of the industry. HVT outperforms 78.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.81 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
The earnings per share for HVT have decreased strongly by -53.99% in the last year.
The Earnings Per Share has been growing slightly by 0.17% on average over the past years.
Looking at the last year, HVT shows a very negative growth in Revenue. The Revenue has decreased by -12.28% in the last year.
HVT shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -2.06% yearly.
EPS 1Y (TTM)-53.99%
EPS 3Y-37.83%
EPS 5Y0.17%
EPS Q2Q%64.29%
Revenue 1Y (TTM)-12.28%
Revenue growth 3Y-10.63%
Revenue growth 5Y-2.06%
Sales Q2Q%-1.32%
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
HVT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.41% yearly.
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
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.
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
Based on the Price/Earnings ratio of 15.69, the valuation of HVT can be described as correct.
Based on the Price/Earnings ratio, HVT is valued a bit cheaper than 74.38% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.32. HVT is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 8.07, which indicates a very decent valuation of HVT.
Based on the Price/Forward Earnings ratio, HVT is valued cheaper than 85.12% of the companies in the same industry.
HVT is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.13, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.69 | ||
| Fwd PE | 8.07 |
4.2 Price Multiples
82.64% of the companies in the same industry are more expensive than HVT, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HVT indicates a rather cheap valuation: HVT is cheaper than 80.17% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.69 | ||
| EV/EBITDA | 4.47 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of HVT may justify a higher PE ratio.
A more expensive valuation may be justified as HVT's earnings are expected to grow with 44.66% in the coming years.
PEG (NY)1.39
PEG (5Y)92.12
EPS Next 2Y44.66%
EPS Next 3YN/A
5. Dividend
5.1 Amount
HVT has a Yearly Dividend Yield of 6.41%, which is a nice return.
Compared to an average industry Dividend Yield of 5.21, HVT pays a better dividend. On top of this HVT pays more dividend than 94.21% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, HVT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.41% |
5.2 History
The dividend of HVT is nicely growing with an annual growth rate of 10.67%!
HVT has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)10.67%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
HVT pays out 97.45% of its income as dividend. This is not a sustainable payout ratio.
The dividend of HVT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP97.45%
EPS Next 2Y44.66%
EPS Next 3YN/A
NYSE:HVT (6/16/2025, 1:13:31 PM)
19.93
+0.53 (+2.73%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners87.37%
Inst Owner Change-2.56%
Ins Owners10.92%
Ins Owner Change3.87%
Market Cap321.87M
Analysts80
Price Target23.46 (17.71%)
Short Float %7.11%
Short Ratio6.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.41% |
Yearly Dividend1.27
Dividend Growth(5Y)10.67%
DP97.45%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)143.05%
Min EPS beat(2)62.66%
Max EPS beat(2)223.43%
EPS beat(4)3
Avg EPS beat(4)75.48%
Min EPS beat(4)-41.43%
Max EPS beat(4)223.43%
EPS beat(8)4
Avg EPS beat(8)27.87%
EPS beat(12)7
Avg EPS beat(12)28.99%
EPS beat(16)11
Avg EPS beat(16)28.73%
Revenue beat(2)2
Avg Revenue beat(2)1.33%
Min Revenue beat(2)1.16%
Max Revenue beat(2)1.49%
Revenue beat(4)2
Avg Revenue beat(4)-3%
Min Revenue beat(4)-10.52%
Max Revenue beat(4)1.49%
Revenue beat(8)2
Avg Revenue beat(8)-5.38%
Revenue beat(12)5
Avg Revenue beat(12)-2.08%
Revenue beat(16)8
Avg Revenue beat(16)-0.67%
PT rev (1m)0%
PT rev (3m)-34.29%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-38.3%
EPS NY rev (1m)0%
EPS NY rev (3m)-35.64%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.03%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.69 | ||
| Fwd PE | 8.07 | ||
| P/S | 0.45 | ||
| P/FCF | 10.69 | ||
| P/OCF | 5.2 | ||
| P/B | 1.05 | ||
| P/tB | 1.05 | ||
| EV/EBITDA | 4.47 |
EPS(TTM)1.27
EY6.37%
EPS(NY)2.47
Fwd EY12.39%
FCF(TTM)1.86
FCFY9.35%
OCF(TTM)3.83
OCFY19.24%
SpS44.61
BVpS18.91
TBVpS18.91
PEG (NY)1.39
PEG (5Y)92.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.32% | ||
| ROE | 6.99% | ||
| ROCE | 4.37% | ||
| ROIC | 3.36% | ||
| ROICexc | 4.3% | ||
| ROICexgc | 4.3% | ||
| OM | 3.12% | ||
| PM (TTM) | 2.96% | ||
| GM | 60.95% | ||
| FCFM | 4.18% |
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-Score4
Asset Turnover1.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 141.05% | ||
| Cap/Sales | 4.42% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 137.53% | ||
| Profit Quality | 141.08% | ||
| Current Ratio | 1.81 | ||
| Quick Ratio | 1.12 | ||
| Altman-Z | 2.9 |
F-Score4
WACC9.61%
ROIC/WACC0.35
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)-12.28%
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-58.72%
EBIT growth 3Y-44.64%
EBIT growth 5Y-6.04%
EBIT Next Year375.13%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y123.02%
FCF growth 3Y-24.82%
FCF growth 5Y-10.46%
OCF growth 1Y49.22%
OCF growth 3Y-15.37%
OCF growth 5Y-1.46%