Haverty Furniture Companies Inc (HVT.A) stock analysis

P/E against its history

Not enough price and earnings history to compare.

P/E against the industry

Needs positive earnings and enough profitable companies in the industry.

EV/EBITDA against its history

Needs positive EBITDA and price history.

P/B below the industry

Haverty Furniture Companies's price-to-book of 1.55 is below the Consumer discretionary median of 4.25.

Trading below fair value

The share price of $29.28 is below our fair value estimate of $45.61.

Margin of safety over 20%

The price is 35.8% below fair value, more than the 20% cushion we look for.

Revenue growing under 10% a year

Revenue grew -10.2% a year over the last three fiscal years, short of the 10% we look for.

EPS growth over 3 years

Needs positive EPS three years ago and today.

Earnings growth accelerating

Net income grew 16.5% over the last twelve months, against a 5-year average of -19.7% a year.

Growing faster than the industry

Revenue grew 8.0% over the last twelve months; the Consumer discretionary median is 2.2%.

Guidance raised

Haverty Furniture Companies raised its 2026 effective tax rate outlook on Aug 4, 2026.

Gross margin slipping

Gross margin was 60.9% over the last twelve months, against 61.0% a year earlier.

Return on equity under 15%

Return on equity was 7.6% over the last twelve months and averaged 20.0% over five years; we look for 15% on both.

Return on invested capital

Needs operating income and invested capital.

Return on equity below the industry

Haverty Furniture Companies's return on equity of 7.6% is below the Consumer discretionary median of 16.5%.

Earnings shrank over 5 years

Net income shrank 19.7% a year on average over the last five fiscal years.

Net margin below its 5-year average

Net margin was 2.9% over the last twelve months, against a 5-year average of 5.9%.

Net margin below the industry

Haverty Furniture Companies's net margin of 2.9% is below the Consumer discretionary median of 3.0%.

No debt

Haverty Furniture Companies has no borrowings on its latest balance sheet.

Debt not rising

With no debt today, leverage cannot have risen.

Debt covered by cash flow

There is no debt to cover.

Interest well covered

No meaningful interest expense to cover.

Short-term assets cover short-term debts

Current assets are 1.69 times current liabilities.

Low bankruptcy risk

The Altman Z-score is 3.01; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

Haverty Furniture Companies paid dividends worth 4.5% of the share price over the last twelve months.

Yield above Treasuries

The 4.5% yield is above the 4.4% on a 1-year Treasury.

Yield in the top quarter

The top quarter of US dividend payers yield 4.0% or more; Haverty Furniture Companies yields 4.5%.

Dividend stability

Fewer than five years of dividend history.

Not covered by earnings

Dividends take 92.5% of net income, leaving little room.

Covered by free cash flow

Dividends take 53.4% of free cash flow.