HAVERTY FURNITURE COS-CL A (HVT.A) Stock Fundamental Analysis
NYSE:HVT.A - New York Stock Exchange, Inc. - US4195962000 - Common Stock - Currency: USD
We assign a fundamental rating of 6 out of 10 to HVT.A. HVT.A was compared to 121 industry peers in the Specialty Retail industry. HVT.A has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. HVT.A is cheap, but on the other hand it scores bad on growth. This makes HVT.A very considerable for value investing!
1. Profitability
1.1 Basic Checks
In the past year HVT.A was profitable.
HVT.A had a positive operating cash flow in the past year.
HVT.A had positive earnings in 4 of the past 5 years.
HVT.A had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
HVT.A has a Return On Assets of 4.06%. This is in the better half of the industry: HVT.A outperforms 62.81% of its industry peers.
Looking at the Return On Equity, with a value of 8.69%, HVT.A is in the better half of the industry, outperforming 64.46% of the companies in the same industry.
HVT.A has a Return On Invested Capital (4.18%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for HVT.A is in line with the industry average of 14.53%.
The 3 year average ROIC (15.66%) for HVT.A is well above the current ROIC(4.18%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.06% | ||
| ROE | 8.69% | ||
| ROIC | 4.18% |
ROA(3y)11.87%
ROA(5y)9.64%
ROE(3y)28.21%
ROE(5y)23.28%
ROIC(3y)15.66%
ROIC(5y)12.81%
1.3 Margins
HVT.A has a Profit Margin of 3.57%. This is in the better half of the industry: HVT.A outperforms 71.07% of its industry peers.
HVT.A's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 3.82%, HVT.A perfoms like the industry average, outperforming 57.02% of the companies in the same industry.
In the last couple of years the Operating Margin of HVT.A has grown nicely.
With an excellent Gross Margin value of 60.90%, HVT.A belongs to the best of the industry, outperforming 90.08% of the companies in the same industry.
In the last couple of years the Gross Margin of HVT.A has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.82% | ||
| PM (TTM) | 3.57% | ||
| GM | 60.9% |
OM growth 3Y-8.68%
OM growth 5Y8.8%
PM growth 3Y-6.13%
PM growth 5Y12.01%
GM growth 3Y2.71%
GM growth 5Y2.13%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), HVT.A is creating some value.
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 2.97 indicates that HVT.A is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.97, HVT.A is doing good in the industry, outperforming 68.59% of the companies in the same industry.
There is no outstanding debt for HVT.A. 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 | 2.97 |
ROIC/WACC0.44
WACC9.57%
2.3 Liquidity
A Current Ratio of 1.82 indicates that HVT.A should not have too much problems paying its short term obligations.
With an excellent Current ratio value of 1.82, HVT.A belongs to the best of the industry, outperforming 80.17% of the companies in the same industry.
A Quick Ratio of 1.17 indicates that HVT.A should not have too much problems paying its short term obligations.
HVT.A's Quick ratio of 1.17 is fine compared to the rest of the industry. HVT.A outperforms 78.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.82 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
HVT.A shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -64.88%.
The Earnings Per Share has been growing slightly by 0.17% on average over the past years.
EPS 1Y (TTM)-64.88%
EPS 3Y-37.83%
EPS 5Y0.17%
EPS Q2Q%-45.56%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-12.52%
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 49.47% 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 6.48% on average per year.
EPS Next Y72.9%
EPS Next 2Y49.47%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.92%
Revenue Next 2Y6.48%
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.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 18.26, which indicates a rather expensive current valuation of HVT.A.
Based on the Price/Earnings ratio, HVT.A is valued a bit cheaper than the industry average as 71.90% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 29.35. HVT.A is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 10.56, the valuation of HVT.A can be described as very reasonable.
Based on the Price/Forward Earnings ratio, HVT.A is valued a bit cheaper than the industry average as 79.34% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.10, HVT.A is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.26 | ||
| Fwd PE | 10.56 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HVT.A is valued cheaper than 87.60% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, HVT.A is valued cheaper than 80.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.28 | ||
| EV/EBITDA | 4.73 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of HVT.A may justify a higher PE ratio.
A more expensive valuation may be justified as HVT.A's earnings are expected to grow with 49.47% in the coming years.
PEG (NY)0.25
PEG (5Y)107.2
EPS Next 2Y49.47%
EPS Next 3YN/A
5. Dividend
5.1 Amount
HVT.A has a Yearly Dividend Yield of 5.83%, which is a nice return.
The stock price of HVT.A dropped by -24.01% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
HVT.A's Dividend Yield is rather good when compared to the industry average which is at 4.92. HVT.A pays more dividend than 93.39% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.33, HVT.A pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.83% |
5.2 History
The dividend of HVT.A has a limited annual growth rate of 5.06%.
HVT.A has been paying a dividend for over 5 years, so it has already some track record.
HVT.A has decreased its dividend recently.
Dividend Growth(5Y)5.06%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
HVT.A pays out 135.40% of its income as dividend. This is not a sustainable payout ratio.
The dividend of HVT.A is growing, but earnings are growing more, so the dividend growth is sustainable.
DP135.4%
EPS Next 2Y49.47%
EPS Next 3YN/A
NYSE:HVT.A (3/6/2025, 8:04:00 PM)
21.55
+0.16 (+0.75%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners89.16%
Inst Owner Change-0.79%
Ins Owners10.74%
Ins Owner ChangeN/A
Market Cap353.64M
Analysts80
Price Target35.42 (64.36%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.83% |
Yearly Dividend2.18
Dividend Growth(5Y)5.06%
DP135.4%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.91%
Min EPS beat(2)-41.43%
Max EPS beat(2)57.25%
EPS beat(4)1
Avg EPS beat(4)-14.08%
Min EPS beat(4)-61.85%
Max EPS beat(4)57.25%
EPS beat(8)3
Avg EPS beat(8)-7.63%
EPS beat(12)7
Avg EPS beat(12)9.25%
EPS beat(16)11
Avg EPS beat(16)23.68%
Revenue beat(2)0
Avg Revenue beat(2)-7.32%
Min Revenue beat(2)-10.52%
Max Revenue beat(2)-4.12%
Revenue beat(4)0
Avg Revenue beat(4)-8.08%
Min Revenue beat(4)-10.52%
Max Revenue beat(4)-4.12%
Revenue beat(8)1
Avg Revenue beat(8)-5.74%
Revenue beat(12)5
Avg Revenue beat(12)-2.2%
Revenue beat(16)8
Avg Revenue beat(16)0.31%
PT rev (1m)0%
PT rev (3m)-4.61%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-21.05%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.1%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.23%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.26 | ||
| Fwd PE | 10.56 | ||
| P/S | 0.47 | ||
| P/FCF | 12.28 | ||
| P/OCF | 5.91 | ||
| P/B | 1.15 | ||
| P/tB | 1.15 | ||
| EV/EBITDA | 4.73 |
EPS(TTM)1.18
EY5.48%
EPS(NY)2.04
Fwd EY9.47%
FCF(TTM)1.75
FCFY8.14%
OCF(TTM)3.64
OCFY16.91%
SpS45.66
BVpS18.76
TBVpS18.76
PEG (NY)0.25
PEG (5Y)107.2
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.06% | ||
| ROE | 8.69% | ||
| ROCE | 5.49% | ||
| ROIC | 4.18% | ||
| ROICexc | 5.45% | ||
| ROICexgc | 5.45% | ||
| OM | 3.82% | ||
| PM (TTM) | 3.57% | ||
| GM | 60.9% | ||
| FCFM | 3.84% |
ROA(3y)11.87%
ROA(5y)9.64%
ROE(3y)28.21%
ROE(5y)23.28%
ROIC(3y)15.66%
ROIC(5y)12.81%
ROICexc(3y)22.06%
ROICexc(5y)18.62%
ROICexgc(3y)22.06%
ROICexgc(5y)18.62%
ROCE(3y)20.57%
ROCE(5y)16.83%
ROICexcg growth 3Y-15.04%
ROICexcg growth 5Y2.67%
ROICexc growth 3Y-15.04%
ROICexc growth 5Y2.67%
OM growth 3Y-8.68%
OM growth 5Y8.8%
PM growth 3Y-6.13%
PM growth 5Y12.01%
GM growth 3Y2.71%
GM growth 5Y2.13%
F-Score7
Asset Turnover1.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 150.99% | ||
| Cap/Sales | 4.14% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 121.62% | ||
| Profit Quality | 107.59% | ||
| Current Ratio | 1.82 | ||
| Quick Ratio | 1.17 | ||
| Altman-Z | 2.97 |
F-Score7
WACC9.57%
ROIC/WACC0.44
Cap/Depr(3y)220.92%
Cap/Depr(5y)160.84%
Cap/Sales(3y)4.08%
Cap/Sales(5y)3.16%
Profit Quality(3y)57.69%
Profit Quality(5y)117.54%
High Growth Momentum
Growth
EPS 1Y (TTM)-64.88%
EPS 3Y-37.83%
EPS 5Y0.17%
EPS Q2Q%-45.56%
EPS Next Y72.9%
EPS Next 2Y49.47%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-12.52%
Revenue Next Year4.92%
Revenue Next 2Y6.48%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-65.12%
EBIT growth 3Y-4.27%
EBIT growth 5Y9.96%
EBIT Next Year-42.06%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y57.33%
FCF growth 3Y-28.24%
FCF growth 5Y-2.05%
OCF growth 1Y28.86%
OCF growth 3Y-9.28%
OCF growth 5Y6.66%