HNI CORP (HNI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HNI - US4042511000 - Common Stock
46.51 USD
-0.68 (-1.44%)
46.51 USD
0 (0%)
HNI gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 80 industry peers in the Commercial Services & Supplies industry. HNI has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. HNI may be a bit undervalued, certainly considering the very reasonable score on growth HNI also has an excellent dividend rating. This makes HNI very considerable for value and dividend and quality investing!
1. Profitability
1.1 Basic Checks
- HNI had positive earnings in the past year.
- HNI had a positive operating cash flow in the past year.
- HNI had positive earnings in each of the past 5 years.
- In the past 5 years HNI always reported a positive cash flow from operatings.
1.2 Ratios
- HNI has a better Return On Assets (7.68%) than 82.50% of its industry peers.
- The Return On Equity of HNI (16.94%) is better than 81.25% of its industry peers.
- HNI's Return On Invested Capital of 12.16% is amongst the best of 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 last Return On Invested Capital (12.16%) for HNI is above the 3 year average (10.10%), which is a sign of increasing profitability.
| 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
- Looking at the Profit Margin, with a value of 5.46%, HNI is in the better half of the industry, outperforming 68.75% of the companies in the same industry.
- In the last couple of years the Profit Margin of HNI has grown nicely.
- Looking at the Operating Margin, with a value of 8.75%, HNI is in the better half of the industry, outperforming 63.75% of the companies in the same industry.
- HNI's Operating Margin has improved in the last couple of years.
- HNI has a Gross Margin of 41.49%. This is in the better half of the industry: HNI outperforms 73.75% of its industry peers.
- In the last couple of years the Gross Margin of HNI has grown nicely.
| 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
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so HNI is still creating some value.
- Compared to 1 year ago, HNI has more shares outstanding
- The number of shares outstanding for HNI has been increased compared to 5 years ago.
- Compared to 1 year ago, HNI has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 3.69 indicates that HNI is not in any danger for bankruptcy at the moment.
- The Altman-Z score of HNI (3.69) is better than 73.75% of its industry peers.
- HNI has a debt to FCF ratio of 1.80. This is a very positive value and a sign of high solvency as it would only need 1.80 years to pay back of 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.
- HNI has a Debt/Equity ratio of 0.40. This is a healthy value indicating a solid balance between debt and equity.
- HNI has a Debt to Equity ratio of 0.40. This is comparable to the rest of the industry: HNI outperforms 57.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 1.8 | ||
| Altman-Z | 3.69 |
ROIC/WACC1.46
WACC8.32%
2.3 Liquidity
- A Current Ratio of 1.33 indicates that HNI should not have too much problems paying its short term obligations.
- With a Current ratio value of 1.33, HNI perfoms like the industry average, outperforming 43.75% of the companies in the same industry.
- A Quick Ratio of 0.85 indicates that HNI may have some problems paying its short term obligations.
- With a Quick ratio value of 0.85, HNI is not doing good in the industry: 73.75% of the companies in the same industry are doing better.
- 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
- The Earnings Per Share has grown by an nice 11.04% over the past year.
- Measured over the past 5 years, HNI shows a small growth in Earnings Per Share. The EPS has been growing by 3.47% on average per year.
- Looking at the last year, HNI shows a small growth in Revenue. The Revenue has grown by 1.15% in the last 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.
- HNI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.59% yearly.
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 13.21, which indicates a correct valuation of HNI.
- Based on the Price/Earnings ratio, HNI is valued cheaply inside the industry as 83.75% of the companies are valued more expensively.
- HNI's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.94.
- A Price/Forward Earnings ratio of 11.34 indicates a reasonable valuation of HNI.
- 88.75% of the companies in the same industry are more expensive than HNI, based on the Price/Forward Earnings ratio.
- Compared to an average S&P500 Price/Forward Earnings ratio of 23.94, HNI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.21 | ||
| Fwd PE | 11.34 |
4.2 Price Multiples
- HNI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. HNI is cheaper than 80.00% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of HNI indicates a rather cheap valuation: HNI is cheaper than 87.50% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.25 | ||
| EV/EBITDA | 7.48 |
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.
- The excellent profitability rating of HNI 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)0.77
PEG (5Y)3.81
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 1.83.
| 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 paid a dividend for at least 10 years, which is 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
- HNI pays out 44.63% of its income as dividend. This is a bit on the high side, but may be sustainable.
- The dividend of HNI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP44.63%
EPS Next 2Y15.76%
EPS Next 3Y15.64%
46.51
-0.68 (-1.44%)
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 Cap2.13B
Revenue(TTM)2.59B
Net Income(TTM)141.60M
Analysts80
Price Target68.34 (46.94%)
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 | 13.21 | ||
| Fwd PE | 11.34 | ||
| P/S | 0.82 | ||
| P/FCF | 11.25 | ||
| P/OCF | 8.52 | ||
| P/B | 2.55 | ||
| P/tB | 9.19 | ||
| EV/EBITDA | 7.48 |
EPS(TTM)3.52
EY7.57%
EPS(NY)4.1
Fwd EY8.82%
FCF(TTM)4.13
FCFY8.89%
OCF(TTM)5.46
OCFY11.73%
SpS56.57
BVpS18.24
TBVpS5.06
PEG (NY)0.77
PEG (5Y)3.81
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 | 3.69 |
F-Score8
WACC8.32%
ROIC/WACC1.46
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 13.21 and the Price/Book (PB) ratio is 2.55.
How financially healthy is HNI CORP?
The financial health rating of HNI CORP (HNI) is 7 / 10.