3.06%
5.84%
6.37%
-19.51%
-30.50%
-20.19%
17.04%

Company Description

Haverty Furniture Companies, Inc.operates as a specialty retailer of residential furniture and accessories in the United States.The company offers furniture merchandise under the Havertys brand name.


It also provides custom upholstery products and eclectic looks; and mattress product lines under the Sealy, Stearns and Foster, Tempur-Pedic, and Serta names, as well as private label Skye name.The company sells home furnishings through its retail stores, as well as through its Website.As of December 31, 2021, it operated 121 showrooms in 16 states in the Southern and Midwestern regions.


Haverty Furniture Companies, Inc.was founded in 1885 and is headquartered in Atlanta, Georgia.

Market Data

Last Price 23.56
Change Percentage 3.06%
Open 23.15
Previous Close 22.86
Market Cap ( Millions) 386
Volume 129187
Year High 37.05
Year Low 21.05
M A 50 22.7
M A 200 25.85

Financial Ratios

FCF Yield 7.47%
Dividend Yield 5.35%
ROE 8.70%
Debt / Equity 72.19%
Net Debt / EBIDTA 187.31%
Price To Book 1.25
Price Earnings Ratio 14.39
Price To FCF 13.4
Price To sales 0.52
EV / EBITDA 9.51

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Upholstery

Expected Growth : 1.8 %

What the company do ?

Haverty Furniture Companies, Inc.'s Upholstery segment offers custom-made upholstered furniture, including sofas, loveseats, chairs, and ottomans, with a wide range of fabrics and styles.

Why we expect these perspectives ?

Haverty Furniture's upholstery segment growth of 1.8% is driven by increasing demand for home furnishings, rising consumer spending, and the company's strategic focus on product innovation, quality, and customer service. Additionally, the company's efforts to enhance the in-store experience and expand its e-commerce platform have contributed to the growth.

Segment nΒ°2 -> Case Goods - Bedroom Furniture

Expected Growth : 1.9 %

What the company do ?

Case Goods - Bedroom Furniture from Haverty Furniture Companies, Inc. offers stylish, high-quality bedroom furniture pieces, including beds, dressers, and nightstands.

Why we expect these perspectives ?

Haverty's Case Goods - Bedroom Furniture segment growth of 1.9% is driven by increasing demand for affordable, quality furniture, particularly among millennials and Gen Z consumers. Additionally, the company's focus on e-commerce expansion, strategic pricing, and effective inventory management contribute to the segment's growth.

Segment nΒ°3 -> Accessories and Other

Expected Growth : 1.7 %

What the company do ?

Accessories and Other from Haverty Furniture Companies, Inc. includes items like lamps, rugs, and decorative pieces that complement their furniture offerings.

Why we expect these perspectives ?

The 1.7% growth in Accessories and Other segment of Haverty Furniture Companies, Inc. is driven by increasing demand for home decor and furniture accessories, expansion of online channels, and strategic partnerships with suppliers. Additionally, the company's focus on enhancing customer experience and investing in digital marketing initiatives have contributed to the growth.

Segment nΒ°4 -> Case Goods - Dining Room Furniture

Expected Growth : 1.8 %

What the company do ?

Case Goods - Dining Room Furniture from Haverty Furniture Companies, Inc. offers stylish, high-quality dining room furniture, including tables, chairs, and cabinets.

Why we expect these perspectives ?

Haverty's Case Goods - Dining Room Furniture segment growth of 1.8% is driven by increasing consumer spending on home furnishings, rising demand for quality dining room furniture, and the company's strategic focus on product innovation and customer experience. Additionally, the segment benefits from Haverty's strong brand reputation and expanding e-commerce platform.

Segment nΒ°5 -> Mattresses

Expected Growth : 2.1 %

What the company do ?

Haverty Furniture Companies, Inc. offers a wide range of high-quality mattresses from top brands, providing comfort and support for a restful night's sleep.

Why we expect these perspectives ?

Haverty Furniture Companies, Inc.'s 2.1% growth in mattresses is driven by increasing consumer spending on home furnishings, rising demand for online shopping, and the company's strategic expansion into new markets. Additionally, the company's focus on premium and luxury mattress brands, such as Tempur-Pedic and Serta, contributes to its growth.

Segment nΒ°6 -> Case Goods - Occasional

Expected Growth : 1.9 %

What the company do ?

Case Goods - Occasional from Haverty Furniture Companies, Inc. refers to a category of furniture pieces, such as coffee tables, end tables, and consoles, designed to complement and enhance a room's dΓ©cor.

Why we expect these perspectives ?

Haverty's Case Goods - Occasional segment growth of 1.9% is driven by increasing consumer spending on home furnishings, particularly among millennials and Gen Z, who prioritize unique, high-quality pieces. Additionally, the company's focus on e-commerce expansion, in-store experience enhancements, and targeted marketing efforts contribute to the segment's growth.

Haverty Furniture Companies, Inc. Products

Product Range What is it ?
Living Room Furniture Haverty Furniture Companies, Inc. offers a wide range of stylish and comfortable living room furniture, including sofas, loveseats, sectionals, chairs, ottomans, and coffee tables.
Dining Room Furniture Haverty's dining room furniture collection includes beautifully crafted dining tables, chairs, buffets, and hutches to create a warm and inviting dining space.
Bedroom Furniture Haverty offers a wide selection of bedroom furniture, including beds, dressers, nightstands, and mirrors, to create a relaxing and comfortable retreat.
Mattresses Haverty carries a variety of high-quality mattresses from top brands, offering comfort, support, and a restful night's sleep.
Home Office Furniture Haverty's home office furniture collection includes desks, chairs, bookshelves, and filing cabinets, designed to create a productive and organized workspace.
Accent Furniture Haverty offers a wide range of accent furniture, including rugs, lamps, and decorative accessories, to add a personal touch to any room.

Haverty Furniture Companies, Inc.'s Porter Forces

Haverty Furniture Companies, Inc. faces moderate threat from substitutes due to the availability of alternative furniture options from online retailers and local competitors.

Haverty Furniture Companies, Inc. has a high bargaining power of customers due to the presence of many competitors in the market, allowing customers to negotiate prices and terms.

Haverty Furniture Companies, Inc. has a low bargaining power of suppliers due to its large scale of operations and ability to negotiate better prices with suppliers.

Haverty Furniture Companies, Inc. faces a low threat of new entrants due to the high barriers to entry in the furniture retail industry, including high capital requirements and established brand recognition.

Haverty Furniture Companies, Inc. operates in a highly competitive industry with many established players, leading to a high intensity of rivalry among competitors.

Capital Structure

Value
Debt Weight 41.39%
Debt Cost 3.95%
Equity Weight 58.61%
Equity Cost 11.25%
WACC 8.23%
Leverage 70.62%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
TTSH Tile Shop Holdings, Inc. operates as a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States. It offers natural stone …
WEYS Weyco Group, Inc. designs and distributes footwear for men, women, and children. It operates through two segments, North American Wholesale Operations and North American Retail Operations. The company offers mid-priced …
ETD Ethan Allen Interiors Inc. operates as an interior design company, and manufacturer and retailer of home furnishings in the United States, Mexico, Honduras, and Canada. The company operates in two …
BKE The Buckle, Inc. operates as a retailer of casual apparel, footwear, and accessories for young men and women in the United States. It markets a selection of brand name casual …
LIVE Live Ventures Incorporated, together with its subsidiaries, engages in the flooring and steel manufacturing, and retail businesses in the United States. The company's Flooring Manufacturing segment manufactures and sells carpets …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
23.56$
Current Price
23.56$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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