HAVERTY FURNITURE (HVT) Stock Fundamental Analysis
USA - NYSE:HVT - US4195961010 - Common Stock
22.56 USD
-0.39 (-1.7%)
22.56 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 has an excellent financial health rating, but there are some minor concerns on its profitability. HVT is not valued too expensively and it also shows a decent growth rate. HVT also has an excellent dividend rating. These ratings could make HVT a good candidate for 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.
Each year in the past 5 years HVT has been profitable.
In the past 5 years HVT always reported a positive cash flow from operatings.
1.2 Ratios
HVT has a Return On Assets of 3.05%. This is comparable to the rest of the industry: HVT outperforms 59.02% of its industry peers.
With a decent Return On Equity value of 6.43%, HVT is doing good in the industry, outperforming 61.48% of the companies in the same industry.
HVT has a Return On Invested Capital (3.05%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for HVT is in line with the industry average of 11.80%.
The last Return On Invested Capital (3.05%) 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 | 3.05% | ||
| ROE | 6.43% | ||
| ROIC | 3.05% |
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
HVT has a Profit Margin of 2.71%. This is in the better half of the industry: HVT outperforms 67.21% of its industry peers.
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 (2.81%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of HVT has declined.
The Gross Margin of HVT (61.04%) is better than 90.16% of its industry peers.
In the last couple of years the Gross Margin of HVT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.81% | ||
| PM (TTM) | 2.71% | ||
| GM | 61.04% |
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
HVT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
HVT has more shares outstanding than it did 1 year ago.
The number of shares outstanding for HVT has been reduced compared to 5 years ago.
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 2.99. This indicates that HVT is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.99, HVT is in the better half of the industry, outperforming 68.85% of the companies in the same industry.
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 | 2.99 |
ROIC/WACC0.33
WACC9.24%
2.3 Liquidity
HVT has a Current Ratio of 1.81. This is a normal value and indicates that HVT is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of HVT (1.81) is better than 77.05% of its industry peers.
A Quick Ratio of 1.09 indicates that HVT should not have too much problems paying its short term obligations.
HVT has a Quick ratio of 1.09. This is in the better half of the industry: HVT outperforms 77.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.81 | ||
| Quick Ratio | 1.09 |
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%.
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 very negative growth in Revenue. The Revenue has decreased by -16.15% in the last year.
Measured over the past years, HVT shows a decrease in Revenue. The Revenue has been decreasing by -2.06% on average per year.
EPS 1Y (TTM)-27.04%
EPS 3Y-37.83%
EPS 5Y0.17%
EPS Q2Q%0%
Revenue 1Y (TTM)-16.15%
Revenue growth 3Y-10.63%
Revenue growth 5Y-2.06%
Sales Q2Q%10.57%
3.2 Future
The Earnings Per Share is expected to grow by 39.77% on average over the next years. This is a very strong growth
HVT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.19% yearly.
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 19.45.
Based on the Price/Earnings ratio, HVT is valued a bit cheaper than the industry average as 71.31% of the companies are valued more expensively.
HVT's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.89.
A Price/Forward Earnings ratio of 10.56 indicates a reasonable valuation of HVT.
79.51% of the companies in the same industry are more expensive than HVT, based on the Price/Forward Earnings ratio.
HVT is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.45 | ||
| Fwd PE | 10.56 |
4.2 Price Multiples
74.59% of the companies in the same industry are more expensive than HVT, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HVT indicates a somewhat cheap valuation: HVT is cheaper than 77.87% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.64 | ||
| EV/EBITDA | 6.1 |
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)114.16
EPS Next 2Y34.55%
EPS Next 3Y39.77%
5. Dividend
5.1 Amount
HVT has a Yearly Dividend Yield of 5.72%, which is a nice return.
HVT's Dividend Yield is rather good when compared to the industry average which is at 5.45. HVT pays more dividend than 94.26% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, HVT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.72% |
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 105.92% 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.
DP105.92%
EPS Next 2Y34.55%
EPS Next 3Y39.77%
22.56
-0.39 (-1.7%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners86.24%
Inst Owner Change0.24%
Ins Owners10.52%
Ins Owner Change-5.5%
Market Cap367.05M
Revenue(TTM)722.90M
Net Income(TTM)19.59M
Analysts80
Price Target29.58 (31.12%)
Short Float %5.17%
Short Ratio6.69
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.72% |
Yearly Dividend1.27
Dividend Growth(5Y)10.67%
DP105.92%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)35.96%
Min EPS beat(2)9.25%
Max EPS beat(2)62.66%
EPS beat(4)3
Avg EPS beat(4)63.48%
Min EPS beat(4)-41.43%
Max EPS beat(4)223.43%
EPS beat(8)5
Avg EPS beat(8)31.25%
EPS beat(12)7
Avg EPS beat(12)23.94%
EPS beat(16)11
Avg EPS beat(16)25.77%
Revenue beat(2)2
Avg Revenue beat(2)1.24%
Min Revenue beat(2)1.16%
Max Revenue beat(2)1.32%
Revenue beat(4)3
Avg Revenue beat(4)-1.64%
Min Revenue beat(4)-10.52%
Max Revenue beat(4)1.49%
Revenue beat(8)3
Avg Revenue beat(8)-4.05%
Revenue beat(12)5
Avg Revenue beat(12)-2.66%
Revenue beat(16)8
Avg Revenue beat(16)-1.45%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)4.35%
EPS NQ rev (3m)-17.24%
EPS NY rev (1m)0%
EPS NY rev (3m)-13.46%
Revenue NQ rev (1m)6.21%
Revenue NQ rev (3m)5.93%
Revenue NY rev (1m)1.74%
Revenue NY rev (3m)1.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.45 | ||
| Fwd PE | 10.56 | ||
| P/S | 0.51 | ||
| P/FCF | 13.64 | ||
| P/OCF | 6.7 | ||
| P/B | 1.2 | ||
| P/tB | 1.2 | ||
| EV/EBITDA | 6.1 |
EPS(TTM)1.16
EY5.14%
EPS(NY)2.14
Fwd EY9.47%
FCF(TTM)1.65
FCFY7.33%
OCF(TTM)3.36
OCFY14.91%
SpS44.43
BVpS18.74
TBVpS18.74
PEG (NY)N/A
PEG (5Y)114.16
Graham Number22.11
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 6.43% | ||
| ROCE | 3.97% | ||
| ROIC | 3.05% | ||
| ROICexc | 3.86% | ||
| ROICexgc | 3.86% | ||
| OM | 2.81% | ||
| PM (TTM) | 2.71% | ||
| GM | 61.04% | ||
| FCFM | 3.72% |
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-Score5
Asset Turnover1.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 119.52% | ||
| Cap/Sales | 3.85% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 125.53% | ||
| Profit Quality | 137.31% | ||
| Current Ratio | 1.81 | ||
| Quick Ratio | 1.09 | ||
| Altman-Z | 2.99 |
F-Score5
WACC9.24%
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)-16.15%
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-54.37%
EBIT growth 3Y-44.64%
EBIT growth 5Y-6.04%
EBIT Next Year375.13%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y186.19%
FCF growth 3Y-24.82%
FCF growth 5Y-10.46%
OCF growth 1Y-15.52%
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 6 / 10 to HAVERTY FURNITURE (HVT). This can be considered as Fairly Valued.
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 19.45 and the Price/Book (PB) ratio is 1.2.
Can you provide the financial health for HVT stock?
The financial health rating of HAVERTY FURNITURE (HVT) is 7 / 10.