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HOFT

Hooker Furnishings NasdaqGS:HOFT Stock Report

Last Price

US$15.53

Market Cap

US$185.4m

7D

-6.8%

1Y

-55.0%

Updated

03 Jul, 2022

Data

Company Financials +
HOFT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance1/6
Financial Health6/6
Dividends4/6

HOFT Stock Overview

Hooker Furnishings Corporation designs, manufactures, imports, and markets residential household, hospitality, and contract furniture.

Hooker Furnishings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Hooker Furnishings
Historical stock prices
Current Share PriceUS$15.53
52 Week HighUS$36.03
52 Week LowUS$14.92
Beta0.90
1 Month Change-9.13%
3 Month Change-18.95%
1 Year Change-55.01%
3 Year Change-27.16%
5 Year Change-62.40%
Change since IPO130.07%

Recent News & Updates

Shareholder Returns

HOFTUS Consumer DurablesUS Market
7D-6.8%0.8%-2.5%
1Y-55.0%-31.4%-21.2%

Return vs Industry: HOFT underperformed the US Consumer Durables industry which returned -31.4% over the past year.

Return vs Market: HOFT underperformed the US Market which returned -21.2% over the past year.

Price Volatility

Is HOFT's price volatile compared to industry and market?
HOFT volatility
HOFT Average Weekly Movement5.0%
Consumer Durables Industry Average Movement8.5%
Market Average Movement8.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.3%

Stable Share Price: HOFT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: HOFT's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19241,294Jeremy Hoffhttps://www.hookerfurniture.com

Hooker Furnishings Corporation designs, manufactures, imports, and markets residential household, hospitality, and contract furniture. The company’s Hooker Branded segment offers design categories, including home entertainment, home office, accent, dining, and bedroom furniture under the Hooker Furniture brand; and imported upholstered furniture under the Hooker Upholstery brand. Its Home Meridian segment provides home furnishings under the Accentrics Home brand; a range of bedroom, dining room, accent, display cabinet, home office, and youth furnishings under the Pulaski Furniture and Samuel Lawrence Furniture brands; and imported leather motion upholstery under the Prime Resources International brand.

Hooker Furnishings Fundamentals Summary

How do Hooker Furnishings's earnings and revenue compare to its market cap?
HOFT fundamental statistics
Market CapUS$185.40m
Earnings (TTM)US$5.37m
Revenue (TTM)US$578.07m

34.6x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HOFT income statement (TTM)
RevenueUS$578.07m
Cost of RevenueUS$480.49m
Gross ProfitUS$97.58m
Other ExpensesUS$92.21m
EarningsUS$5.37m

Last Reported Earnings

May 01, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.45
Gross Margin16.88%
Net Profit Margin0.93%
Debt/Equity Ratio0%

How did HOFT perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

168%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is HOFT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for HOFT?

Other financial metrics that can be useful for relative valuation.

HOFT key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.4x
Enterprise Value/EBITDA17.4x
PEG Ratio0.5x

Price to Earnings Ratio vs Peers

How does HOFT's PE Ratio compare to its peers?

HOFT PE Ratio vs Peers
The above table shows the PE ratio for HOFT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average7.1x
BSET Bassett Furniture Industries
8.2x-24.6%US$174.1m
FLXS Flexsteel Industries
12.6x53.8%US$100.0m
ETD Ethan Allen Interiors
5.8x-9.3%US$520.1m
LIVE Live Ventures
2xn/aUS$78.3m
HOFT Hooker Furnishings
34.6x66.5%US$185.4m

Price-To-Earnings vs Peers: HOFT is expensive based on its Price-To-Earnings Ratio (34.6x) compared to the peer average (7.1x).


Price to Earnings Ratio vs Industry

How does HOFT's PE Ratio compare vs other companies in the US Consumer Durables Industry?

Price-To-Earnings vs Industry: HOFT is expensive based on its Price-To-Earnings Ratio (34.6x) compared to the US Consumer Durables industry average (7.2x)


Price to Earnings Ratio vs Fair Ratio

What is HOFT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

HOFT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio34.6x
Fair PE Ratio24.7x

Price-To-Earnings vs Fair Ratio: HOFT is expensive based on its Price-To-Earnings Ratio (34.6x) compared to the estimated Fair Price-To-Earnings Ratio (24.7x).


Share Price vs Fair Value

What is the Fair Price of HOFT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: HOFT ($15.53) is trading below our estimate of fair value ($32.11)

Significantly Below Fair Value: HOFT is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: HOFT is good value based on its PEG Ratio (0.5x)


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Future Growth

How is Hooker Furnishings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


66.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HOFT's forecast earnings growth (66.5% per year) is above the savings rate (1.9%).

Earnings vs Market: HOFT's earnings (66.5% per year) are forecast to grow faster than the US market (13.6% per year).

High Growth Earnings: HOFT's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: HOFT's revenue (3.3% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: HOFT's revenue (3.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if HOFT's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has Hooker Furnishings performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-21.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: HOFT has high quality earnings.

Growing Profit Margin: HOFT's current net profit margins (0.9%) are lower than last year (5.6%).


Past Earnings Growth Analysis

Earnings Trend: HOFT's earnings have declined by 21.8% per year over the past 5 years.

Accelerating Growth: HOFT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: HOFT had negative earnings growth (-83.9%) over the past year, making it difficult to compare to the Consumer Durables industry average (39.2%).


Return on Equity

High ROE: HOFT's Return on Equity (2.1%) is considered low.


Discover strong past performing companies

Financial Health

How is Hooker Furnishings's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: HOFT's short term assets ($214.1M) exceed its short term liabilities ($67.0M).

Long Term Liabilities: HOFT's short term assets ($214.1M) exceed its long term liabilities ($57.8M).


Debt to Equity History and Analysis

Debt Level: HOFT is debt free.

Reducing Debt: HOFT has no debt compared to 5 years ago when its debt to equity ratio was 22.8%.

Debt Coverage: HOFT has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: HOFT has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Hooker Furnishings's current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


5.15%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: HOFT's dividend (5.15%) is higher than the bottom 25% of dividend payers in the US market (1.6%).

High Dividend: HOFT's dividend (5.15%) is in the top 25% of dividend payers in the US market (4.25%)


Stability and Growth of Payments

Stable Dividend: HOFT's dividends per share have been stable in the past 10 years.

Growing Dividend: HOFT's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (168%), HOFT's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: HOFT is paying a dividend but the company has no free cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

5.3yrs

Average management tenure


CEO

Jeremy Hoff (49 yo)

1.42yrs

Tenure

US$798,169

Compensation

Mr. Jeremy R. Hoff has been Chief Executive Officer and Director at Hooker Furnishings Corporation (formerly known as Hooker Furniture Corporation) since February 1, 2021 and served as its President of Hoo...


CEO Compensation Analysis

Compensation vs Market: Jeremy's total compensation ($USD798.17K) is below average for companies of similar size in the US market ($USD1.83M).

Compensation vs Earnings: Jeremy's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: HOFT's management team is seasoned and experienced (5.3 years average tenure).


Board Members

Experienced Board: HOFT's board of directors are considered experienced (4.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: HOFT insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Hooker Furnishings Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Hooker Furnishings Corporation
  • Ticker: HOFT
  • Exchange: NasdaqGS
  • Founded: 1924
  • Industry: Home Furnishings
  • Sector: Consumer Durables
  • Implied Market Cap: US$185.399m
  • Shares outstanding: 11.94m
  • Website: https://www.hookerfurniture.com

Number of Employees


Location

  • Hooker Furnishings Corporation
  • 440 East Commonwealth Boulevard
  • Martinsville
  • Virginia
  • 24112
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/03 00:00
End of Day Share Price2022/07/01 00:00
Earnings2022/05/01
Annual Earnings2022/01/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.