HAVERTY FURNITURE COS-CL A (HVT.A) Stock Fundamental Analysis
NYSE:HVT.A - New York Stock Exchange, Inc. - US4195962000 - Common Stock - Currency: USD
Overall HVT.A gets a fundamental rating of 6 out of 10. We evaluated HVT.A against 120 industry peers in the Specialty Retail industry. Both the health and profitability get an excellent rating, making HVT.A a very profitable company, without any liquidiy or solvency issues. HVT.A has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
HVT.A had positive earnings in the past year.
In the past year HVT.A had a positive cash flow from operations.
HVT.A had positive earnings in each of the past 5 years.
In the past 5 years HVT.A always reported a positive cash flow from operatings.
1.2 Ratios
HVT.A's Return On Assets of 4.06% is fine compared to the rest of the industry. HVT.A outperforms 64.96% of its industry peers.
The Return On Equity of HVT.A (8.69%) is better than 64.10% of its industry peers.
HVT.A has a Return On Invested Capital of 4.18%. This is comparable to the rest of the industry: HVT.A outperforms 52.99% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for HVT.A is above the industry average of 12.43%.
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 better Profit Margin (3.57%) than 70.94% of its industry peers.
In the last couple of years the Profit Margin of HVT.A has grown nicely.
With a Operating Margin value of 3.82%, HVT.A perfoms like the industry average, outperforming 56.41% of the companies in the same industry.
HVT.A's Operating Margin has improved in the last couple of years.
HVT.A's Gross Margin of 60.90% is amongst the best of the industry. HVT.A outperforms 89.74% of its industry peers.
HVT.A's Gross Margin has improved in the last couple of years.
| 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
HVT.A has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
HVT.A has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, HVT.A has less shares outstanding
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.
2.2 Solvency
An Altman-Z score of 3.02 indicates that HVT.A is not in any danger for bankruptcy at the moment.
HVT.A has a better Altman-Z score (3.02) than 70.09% of its industry peers.
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 | 3.02 |
ROIC/WACC0.41
WACC10.14%
2.3 Liquidity
A Current Ratio of 1.82 indicates that HVT.A should not have too much problems paying its short term obligations.
HVT.A's Current ratio of 1.82 is fine compared to the rest of the industry. HVT.A outperforms 77.78% of its industry peers.
HVT.A has a Quick Ratio of 1.17. This is a normal value and indicates that HVT.A is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of HVT.A (1.17) is better than 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.82 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
The earnings per share for HVT.A have decreased strongly by -59.02% in the last year.
HVT.A shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.80% yearly.
HVT.A shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -19.60%.
Measured over the past years, HVT.A shows a small growth in Revenue. The Revenue has been growing by 1.06% on average per year.
EPS 1Y (TTM)-59.02%
EPS 3Y20.72%
EPS 5Y18.8%
EPS Q2Q%-72.55%
Revenue 1Y (TTM)-19.6%
Revenue growth 3Y4.83%
Revenue growth 5Y1.06%
Sales Q2Q%-20.17%
3.2 Future
HVT.A is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -7.77% yearly.
The Revenue is expected to decrease by -3.02% on average over the next years.
EPS Next Y-73.15%
EPS Next 2Y-18.37%
EPS Next 3Y-7.77%
EPS Next 5YN/A
Revenue Next Year-18.5%
Revenue Next 2Y-7.03%
Revenue Next 3Y-3.02%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 14.65, HVT.A is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of HVT.A indicates a somewhat cheap valuation: HVT.A is cheaper than 76.92% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of HVT.A to the average of the S&P500 Index (28.47), we can say HVT.A is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 10.40, the valuation of HVT.A can be described as reasonable.
HVT.A's Price/Forward Earnings ratio is rather cheap when compared to the industry. HVT.A is cheaper than 83.76% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 92.74, HVT.A is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.65 | ||
| Fwd PE | 10.4 |
4.2 Price Multiples
87.18% of the companies in the same industry are more expensive than HVT.A, based on the Enterprise Value to EBITDA ratio.
78.63% of the companies in the same industry are more expensive than HVT.A, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.28 | ||
| EV/EBITDA | 5.31 |
4.3 Compensation for Growth
HVT.A has an outstanding profitability rating, which may justify a higher PE ratio.
HVT.A's earnings are expected to decrease with -7.77% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.78
EPS Next 2Y-18.37%
EPS Next 3Y-7.77%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.94%, HVT.A is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.31, HVT.A pays a better dividend. On top of this HVT.A pays more dividend than 94.87% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.28, HVT.A pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.94% |
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.
The dividend of HVT.A decreased 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 Rate of HVT.A has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP135.4%
EPS Next 2Y-18.37%
EPS Next 3Y-7.77%
HAVERTY FURNITURE COS-CL A
NYSE:HVT.A (1/30/2025, 8:04:00 PM)
23.2916
+1 (+4.49%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners95.28%
Inst Owner Change-0.92%
Ins Owners10.74%
Ins Owner ChangeN/A
Market Cap382.22M
Analysts80
Price Target35.42 (52.07%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.94% |
Yearly Dividend2.18
Dividend Growth(5Y)5.06%
DP135.4%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
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)-4.61%
PT rev (3m)-4.95%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-65.03%
EPS NY rev (1m)0%
EPS NY rev (3m)-39.5%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-12.89%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-5.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.65 | ||
| Fwd PE | 10.4 | ||
| P/S | 0.51 | ||
| P/FCF | 13.28 | ||
| P/OCF | 6.39 | ||
| P/B | 1.24 | ||
| P/tB | 1.24 | ||
| EV/EBITDA | 5.31 |
EPS(TTM)1.59
EY6.83%
EPS(NY)2.24
Fwd EY9.61%
FCF(TTM)1.75
FCFY7.53%
OCF(TTM)3.64
OCFY15.64%
SpS45.66
BVpS18.76
TBVpS18.76
PEG (NY)N/A
PEG (5Y)0.78
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 | 3.02 |
F-Score7
WACC10.14%
ROIC/WACC0.41
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)-59.02%
EPS 3Y20.72%
EPS 5Y18.8%
EPS Q2Q%-72.55%
EPS Next Y-73.15%
EPS Next 2Y-18.37%
EPS Next 3Y-7.77%
EPS Next 5YN/A
Revenue 1Y (TTM)-19.6%
Revenue growth 3Y4.83%
Revenue growth 5Y1.06%
Sales Q2Q%-20.17%
Revenue Next Year-18.5%
Revenue Next 2Y-7.03%
Revenue Next 3Y-3.02%
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%