HAVERTY FURNITURE (HVT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HVT - US4195961010 - Common Stock
24.58 USD
-0.45 (-1.8%)
24.58 USD
0 (0%)
Overall HVT gets a fundamental rating of 6 out of 10. We evaluated HVT against 122 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 has a decent growth rate and is not valued too expensively. Finally HVT also has an excellent dividend rating. With these ratings, HVT could be worth investigating further for 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.
Each year in the past 5 years HVT had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 2.98%, HVT perfoms like the industry average, outperforming 59.84% of the companies in the same industry.
With a Return On Equity value of 6.34%, HVT perfoms like the industry average, outperforming 59.84% of the companies in the same industry.
HVT has a Return On Invested Capital (3.07%) which is in line with its industry peers.
HVT had an Average Return On Invested Capital over the past 3 years of 10.44%. This is in line with the industry average of 12.16%.
The last Return On Invested Capital (3.07%) 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 | 2.98% | ||
| ROE | 6.34% | ||
| ROIC | 3.07% |
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 2.62%, HVT is doing good in the industry, outperforming 66.39% of the companies in the same industry.
In the last couple of years the Profit Margin of HVT has remained more or less at the same level.
HVT has a Operating Margin (2.74%) which is comparable to the rest of the industry.
HVT's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 61.05%, HVT belongs to the top of the industry, outperforming 90.16% of the companies in the same industry.
In the last couple of years the Gross Margin of HVT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.74% | ||
| PM (TTM) | 2.62% | ||
| GM | 61.05% |
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), HVT is creating some value.
Compared to 1 year ago, HVT has more shares outstanding
Compared to 5 years ago, HVT has less shares outstanding
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 3.04. This indicates that HVT is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of HVT (3.04) is better than 72.95% 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 | 3.04 |
ROIC/WACC0.32
WACC9.64%
2.3 Liquidity
A Current Ratio of 1.75 indicates that HVT should not have too much problems paying its short term obligations.
The Current ratio of HVT (1.75) is better than 75.41% of its industry peers.
A Quick Ratio of 1.11 indicates that HVT should not have too much problems paying its short term obligations.
HVT's Quick ratio of 1.11 is fine compared to the rest of the industry. HVT outperforms 77.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.75 | ||
| Quick Ratio | 1.11 |
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%.
Measured over the past 5 years, HVT shows a small growth in Earnings Per Share. The EPS has been growing by 0.17% on average per year.
The Revenue has decreased by -1.05% in the past year.
The Revenue has been decreasing by -2.06% on average over the past years.
EPS 1Y (TTM)-27.04%
EPS 3Y-37.83%
EPS 5Y0.17%
EPS Q2Q%0%
Revenue 1Y (TTM)-1.05%
Revenue growth 3Y-10.63%
Revenue growth 5Y-2.06%
Sales Q2Q%10.57%
3.2 Future
HVT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 39.77% yearly.
The Revenue is expected to grow by 7.19% on average over the next years.
EPS Next Y-0.28%
EPS Next 2Y35.34%
EPS Next 3Y39.77%
EPS Next 5YN/A
Revenue Next Year5.04%
Revenue Next 2Y6.57%
Revenue Next 3Y7.19%
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
A Price/Earnings ratio of 21.19 indicates a rather expensive valuation of HVT.
71.31% of the companies in the same industry are more expensive than HVT, based on the Price/Earnings ratio.
HVT is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.43, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 11.37 indicates a reasonable valuation of HVT.
80.33% of the companies in the same industry are more expensive than HVT, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.66. HVT is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.19 | ||
| Fwd PE | 11.37 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HVT is valued a bit cheaper than 75.41% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, HVT is valued cheaply inside the industry as 85.25% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.22 | ||
| EV/EBITDA | 6.29 |
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 39.77% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)124.38
EPS Next 2Y35.34%
EPS Next 3Y39.77%
5. Dividend
5.1 Amount
HVT has a Yearly Dividend Yield of 5.28%, which is a nice return.
HVT's Dividend Yield is rather good when compared to the industry average which is at 1.84. HVT pays more dividend than 92.62% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, HVT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.28% |
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 106.78% 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.
DP106.78%
EPS Next 2Y35.34%
EPS Next 3Y39.77%
24.58
-0.45 (-1.8%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners85.82%
Inst Owner Change-0.32%
Ins Owners10.52%
Ins Owner Change-6.33%
Market Cap399.92M
Revenue(TTM)741.43M
Net Income(TTM)19.39M
Analysts80
Price Target30.6 (24.49%)
Short Float %4.99%
Short Ratio5.76
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.28% |
Yearly Dividend1.27
Dividend Growth(5Y)10.67%
DP106.78%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.38%
Min EPS beat(2)9.25%
Max EPS beat(2)15.51%
EPS beat(4)4
Avg EPS beat(4)77.71%
Min EPS beat(4)9.25%
Max EPS beat(4)223.43%
EPS beat(8)5
Avg EPS beat(8)31.82%
EPS beat(12)7
Avg EPS beat(12)20.81%
EPS beat(16)11
Avg EPS beat(16)26.37%
Revenue beat(2)2
Avg Revenue beat(2)1.8%
Min Revenue beat(2)1.32%
Max Revenue beat(2)2.28%
Revenue beat(4)4
Avg Revenue beat(4)1.56%
Min Revenue beat(4)1.16%
Max Revenue beat(4)2.28%
Revenue beat(8)4
Avg Revenue beat(8)-3.26%
Revenue beat(12)5
Avg Revenue beat(12)-3.31%
Revenue beat(16)9
Avg Revenue beat(16)-1.26%
PT rev (1m)3.45%
PT rev (3m)3.45%
EPS NQ rev (1m)-2%
EPS NQ rev (3m)-2%
EPS NY rev (1m)3.56%
EPS NY rev (3m)2.19%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.78%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.19 | ||
| Fwd PE | 11.37 | ||
| P/S | 0.54 | ||
| P/FCF | 10.22 | ||
| P/OCF | 6.43 | ||
| P/B | 1.31 | ||
| P/tB | 1.31 | ||
| EV/EBITDA | 6.29 |
EPS(TTM)1.16
EY4.72%
EPS(NY)2.16
Fwd EY8.79%
FCF(TTM)2.4
FCFY9.78%
OCF(TTM)3.82
OCFY15.55%
SpS45.57
BVpS18.81
TBVpS18.81
PEG (NY)N/A
PEG (5Y)124.38
Graham Number22.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.98% | ||
| ROE | 6.34% | ||
| ROCE | 3.99% | ||
| ROIC | 3.07% | ||
| ROICexc | 4.13% | ||
| ROICexgc | 4.13% | ||
| OM | 2.74% | ||
| PM (TTM) | 2.62% | ||
| GM | 61.05% | ||
| FCFM | 5.28% |
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-Score7
Asset Turnover1.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 97.37% | ||
| Cap/Sales | 3.11% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 141.39% | ||
| Profit Quality | 201.73% | ||
| Current Ratio | 1.75 | ||
| Quick Ratio | 1.11 | ||
| Altman-Z | 3.04 |
F-Score7
WACC9.64%
ROIC/WACC0.32
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-0.28%
EPS Next 2Y35.34%
EPS Next 3Y39.77%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.05%
Revenue growth 3Y-10.63%
Revenue growth 5Y-2.06%
Sales Q2Q%10.57%
Revenue Next Year5.04%
Revenue Next 2Y6.57%
Revenue Next 3Y7.19%
Revenue Next 5YN/A
EBIT growth 1Y-29.14%
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-0.96%
FCF growth 3Y-24.82%
FCF growth 5Y-10.46%
OCF growth 1Y-32.53%
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 21.19 and the Price/Book (PB) ratio is 1.31.
Can you provide the financial health for HVT stock?
The financial health rating of HAVERTY FURNITURE (HVT) is 7 / 10.