HAVERTY FURNITURE (HVT) Stock Fundamental Analysis
USA - NYSE:HVT - US4195961010 - Common Stock
22.33 USD
-0.05 (-0.22%)
22.33 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 gets an excellent profitability rating and is at the same time showing great financial health properties. HVT may be a bit undervalued, certainly considering the very reasonable score on growth HVT also has an excellent dividend rating. With these ratings, HVT could be worth investigating further for value and dividend investing!.
1. Profitability
1.1 Basic Checks
HVT had positive earnings in the past year.
In the past year HVT had a positive cash flow from operations.
In the past 5 years HVT has always been profitable.
In the past 5 years HVT always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.98%, HVT is in the better half of the industry, outperforming 60.66% of the companies in the same industry.
HVT has a better Return On Equity (6.34%) than 62.30% of its industry peers.
HVT has a Return On Invested Capital of 3.07%. This is comparable to the rest of the industry: HVT outperforms 48.36% of 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 11.78%.
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 68.03% 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 (2.74%) which is comparable to the rest of the industry.
HVT's Operating Margin has declined in the last couple of years.
HVT has a Gross Margin of 61.05%. This is amongst the best in the industry. HVT outperforms 90.98% of its industry peers.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so HVT is still creating some value.
Compared to 1 year ago, HVT has more shares outstanding
Compared to 5 years ago, HVT has less shares outstanding
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.
2.2 Solvency
HVT has an Altman-Z score of 2.96. 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's Altman-Z score of 2.96 is fine compared to the rest of the industry. HVT outperforms 68.85% of its industry peers.
HVT has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 2.96 |
ROIC/WACC0.33
WACC9.25%
2.3 Liquidity
A Current Ratio of 1.75 indicates that HVT should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.75, HVT is doing good in the industry, outperforming 76.23% of the companies in the same industry.
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 78.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.75 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
The earnings per share for HVT have decreased strongly by -27.04% in the last year.
HVT shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.17% yearly.
Looking at the last year, HVT shows a decrease in Revenue. The Revenue has decreased by -1.05% 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)-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
Based on estimates for the next years, HVT will show a very strong growth in Earnings Per Share. The EPS will grow by 39.77% on average per year.
The Revenue is expected to grow by 7.19% on average over the next years.
EPS Next Y-3.71%
EPS Next 2Y34.55%
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
HVT is valuated rather expensively with a Price/Earnings ratio of 19.25.
HVT's Price/Earnings ratio is a bit cheaper when compared to the industry. HVT is cheaper than 70.49% of the companies in the same industry.
HVT is valuated rather cheaply when we compare the Price/Earnings ratio to 25.07, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 10.45 indicates a reasonable valuation of HVT.
Based on the Price/Forward Earnings ratio, HVT is valued a bit cheaper than 77.87% of the companies in the same industry.
HVT is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.08, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.25 | ||
| Fwd PE | 10.45 |
4.2 Price Multiples
81.97% of the companies in the same industry are more expensive than HVT, based on the Enterprise Value to EBITDA ratio.
87.70% of the companies in the same industry are more expensive than HVT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.29 | ||
| EV/EBITDA | 5.31 |
4.3 Compensation for Growth
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 39.77% in the coming years.
PEG (NY)N/A
PEG (5Y)113
EPS Next 2Y34.55%
EPS Next 3Y39.77%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.75%, HVT is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.59, HVT pays a better dividend. On top of this HVT pays more dividend than 94.26% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, HVT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.75% |
5.2 History
On average, the dividend of HVT grows each year by 10.67%, which is quite nice.
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 2Y34.55%
EPS Next 3Y39.77%
22.33
-0.05 (-0.22%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners86.24%
Inst Owner Change-0.12%
Ins Owners10.52%
Ins Owner Change-13.61%
Market Cap363.31M
Revenue(TTM)741.43M
Net Income(TTM)19.39M
Analysts80
Price Target29.58 (32.47%)
Short Float %5.12%
Short Ratio6.18
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.75% |
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)1
Avg Revenue beat(2)0.17%
Min Revenue beat(2)-0.99%
Max Revenue beat(2)1.32%
Revenue beat(4)3
Avg Revenue beat(4)0.75%
Min Revenue beat(4)-0.99%
Max Revenue beat(4)1.49%
Revenue beat(8)3
Avg Revenue beat(8)-3.66%
Revenue beat(12)4
Avg Revenue beat(12)-3.58%
Revenue beat(16)8
Avg Revenue beat(16)-1.47%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.01%
EPS NY rev (1m)0%
EPS NY rev (3m)-13.46%
Revenue NQ rev (1m)0.78%
Revenue NQ rev (3m)0.78%
Revenue NY rev (1m)1.74%
Revenue NY rev (3m)1.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.25 | ||
| Fwd PE | 10.45 | ||
| P/S | 0.49 | ||
| P/FCF | 9.29 | ||
| P/OCF | 5.84 | ||
| P/B | 1.19 | ||
| P/tB | 1.19 | ||
| EV/EBITDA | 5.31 |
EPS(TTM)1.16
EY5.19%
EPS(NY)2.14
Fwd EY9.57%
FCF(TTM)2.4
FCFY10.77%
OCF(TTM)3.82
OCFY17.12%
SpS45.57
BVpS18.81
TBVpS18.81
PEG (NY)N/A
PEG (5Y)113
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 | 2.96 |
F-Score7
WACC9.25%
ROIC/WACC0.33
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-3.71%
EPS Next 2Y34.55%
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 7 / 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 19.25 and the Price/Book (PB) ratio is 1.19.
Can you provide the financial health for HVT stock?
The financial health rating of HAVERTY FURNITURE (HVT) is 7 / 10.