-1.60%
0.85%
0.26%
-7.36%
20.18%
18.69%
35.61%
AI Spotlight on HNI
Company Description
HNI Corporation, together with its subsidiaries, manufactures and sells workplace furnishings and residential building products primarily in the United States.The company operates through two segments, Workplace Furnishings and Residential Building Products.The Workplace Furnishings segment offers a range of commercial and home office furniture, including panel-based and freestanding furniture systems, seating, storage, tables, and architectural products under the HON, Allsteel, Beyond, Gunlocke, Maxon, HBF, OFM, Respawn, Lamex, and HNI India brands.
This segment sells its products through independent dealers, wholesalers, office product distributors, e-commerce retailers, and wholesalers, as well as directly to end-user customers; and federal, state, and local governments.The Residential Building Products segment provides various gas, wood, electric, and pellet-fueled fireplaces; inserts; stoves; facings; and accessories primarily for home use under the Heatilator, Heat & Glo, Majestic, Monessen, Quadra-Fire, Harman, Vermont Castings, PelPro, SimpliFire, The Outdoor GreatRoom Company, and Stellar brand names.This segment markets its products through independent dealers and distributors, and corporation-owned distribution and retail outlets.
The company was incorporated in 1944 and is headquartered in Muscatine, Iowa.
Market Data
| Last Price | 49.85 |
| Change Percentage | -1.60% |
| Open | 50.35 |
| Previous Close | 50.66 |
| Market Cap ( Millions) | 2383 |
| Volume | 286308 |
| Year High | 58.42 |
| Year Low | 40.22 |
| M A 50 | 52.38 |
| M A 200 | 49.9 |
Financial Ratios
| FCF Yield | 9.29% |
| Dividend Yield | 2.63% |
| ROE | 15.65% |
| Debt / Equity | 56.82% |
| Net Debt / EBIDTA | 138.64% |
| Price To Book | 2.81 |
| Price Earnings Ratio | 19.19 |
| Price To FCF | 10.77 |
| Price To sales | 0.93 |
| EV / EBITDA | 8.78 |
News
- Jan -30 - HNI Corporation Fourth Quarter and Year-end Fiscal 2024 Results Conference Call
- Dec -17 - HNI Corporation Ranks in Newsweek's List of America's Most Responsible Companies for 2025
- Oct -30 - HNI Corporation (HNI) Q3 2024 Earnings Call Transcript
- Oct -29 - HNI (HNI) Beats Q3 Earnings Estimates
- Oct -29 - HNI Corporation Reports Third Quarter 2024 Results
- Oct -03 - HNI Corporation Appoints New Chief Financial Officer
- Oct -01 - HNI Corporation Third Quarter Fiscal 2024 Results Conference Call
- Aug -16 - HNI (HNI) Is a Great Choice for 'Trend' Investors, Here's Why
- Aug -12 - HNI Corporation Announces Quarterly Dividend
- Aug -02 - 5 Stocks With Recent Price Strength in a Volatile Market
- Jul -30 - 3 Strong Buy Profitable Stocks for August: PDD, HNI, APH
- Jul -25 - HNI (HNI) Q2 Earnings Beat Estimates
- Jul -22 - Here's Why Momentum in HNI (HNI) Should Keep going
- Jul -22 - 4 Solid Net Profit Margin Stocks to Strengthen Your Portfolio
- Jul -19 - HNI (HNI) Upgraded to Strong Buy: Here's What You Should Know
- Jul -09 - HNI Corporation Second Quarter Fiscal 2024 Results Conference Call
- Jun -25 - HNI Corporation Elects New Director
- Jun -06 - 4 Stocks to Buy as Services Sector Makes Solid Rebound
- Jun -05 - 5 Buy-Rated Stocks With Impressive Cash Flow Growth
- Jun -03 - 4 Stocks With Solid Net Profit Margin to Build a Robust Portfolio
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Workplace Furnishing
Expected Growth : 3.0 %
What the company do ?
HNI Corporation's Workplace Furnishing segment offers a range of office furniture and hearth products, including desks, chairs, and fireplaces, for commercial and residential markets.
Why we expect these perspectives ?
HNI Corporation's Workplace Furnishing segment growth is driven by increasing demand for office furniture and hearth products, fueled by a strong job market and rising office construction. Additionally, the company's focus on product innovation, e-commerce capabilities, and strategic acquisitions are contributing to its 3.0% growth rate.
Segment n°2 -> Residential Building Products
Expected Growth : 3.0 %
What the company do ?
Residential Building Products from HNI Corporation offers a range of furniture and hearth products for the home, including fireplaces, inserts, and log sets.
Why we expect these perspectives ?
HNI Corporation's Residential Building Products segment growth is driven by increasing demand for new housing, driven by low unemployment and rising wages, as well as a focus on renovation and remodeling activities. Additionally, the company's strategic acquisitions and investments in e-commerce capabilities have expanded its product offerings and improved customer reach, contributing to the 3.0% growth rate.
Hni Corporation Products
| Product Range | What is it ? |
|---|---|
| Office Furniture | HNI Corporation offers a wide range of office furniture products, including desks, chairs, tables, and storage solutions, designed to enhance workplace productivity and comfort. |
| Hearth Products | HNI Corporation's hearth products include fireplaces, inserts, and accessories, providing warmth and ambiance to homes. |
| Residential Building Products | The company's residential building products comprise doors, windows, and other exterior building materials, designed to enhance the aesthetic appeal and functionality of homes. |
HNI Corporation's Porter Forces
Threat Of Substitutes
HNI Corporation's office furniture products face moderate threat from substitutes, as customers have alternatives such as used or refurbished furniture, but the quality and customization offered by HNI Corporation differentiate its products.
Bargaining Power Of Customers
HNI Corporation's customers have low bargaining power due to the company's strong brand presence, wide distribution network, and customized products, making it difficult for customers to negotiate prices.
Bargaining Power Of Suppliers
HNI Corporation's suppliers have moderate bargaining power, as the company relies on a few large suppliers for raw materials, but it also has a diversified supply chain and long-term contracts to mitigate risks.
Threat Of New Entrants
The threat of new entrants is low in the office furniture industry, as it requires significant capital investment, technological expertise, and established distribution networks, making it difficult for new companies to enter the market.
Intensity Of Rivalry
The office furniture industry is highly competitive, with several established players, including Steelcase, Herman Miller, and Knoll, competing for market share, which increases the intensity of rivalry.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 37.97% |
| Debt Cost | 5.81% |
| Equity Weight | 62.03% |
| Equity Cost | 8.26% |
| WACC | 7.33% |
| Leverage | 61.22% |
HNI Corporation : Quality Control
HNI Corporation passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| EBF | Ennis, Inc. designs, manufactures, and sells business forms and other business products in the United States. The company offers snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated … |
| APOG | Apogee Enterprises, Inc. designs and develops glass and metal products and services in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architectural Glass, … |
| SCS | Steelcase Inc. provides a portfolio of furniture and architectural products in the United States and internationally. It operates through Americas, EMEA, and Other segments. The company's furniture portfolio includes furniture … |
| ACCO | ACCO Brands Corporation designs, manufactures, and markets consumer, school, technology, and office products. It operates through three segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. The … |
| REVG | REV Group, Inc. designs, manufactures, and distributes specialty vehicles, and related aftermarket parts and services in the United States, Canada, Europe, Africa, and internationally. It operates through three segments: Fire … |
Peers Metrics
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Scoring Insights
Peers Group Analysis
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Ennis
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Apogee Enterprises
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ACCO Brands
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