Obermatt

Flags

Earnings warningFinancial distress

HNI

NYQ:HNI · US4042511000
Commercial Services & SuppliesLarge

360

51
EV / EBIT91
Price / Owner Earnings5
Owner Earnings Yield12
Dividend Yield97
Price/Sales86
EV / Gross Profit78
Price/Book79
Return on Capital33
Cash Return on Capital10
Return on Equity4
EBIT Margin32
Gross Profitability59
Cash Conversion100
Accruals5
Owner Earnings Margin12
Sales growth100
Profit Growth54
Long-Term EPS Growth88
Owner Earnings Growth1
Reinvestment93
Price momentum13
Debt load34
Refinancing71
Debt Payback7
Liquidity51
Analyst ratings100
Opinion Changes50
Price Target Upside100
Market mood27
Value Creation10/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

HNI clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustryCommercial Services & Supplies
SizeLarge
TypePublic Company
ExchangeNYSE
Founded1944
Employees940
ISINUS4042511000
Last UpdateApr 2, 2026
Index & Theme
Home ImprovementFurnitureHome DecorManufacturing

Description

HNI Corporation manufactures and sells workplace furnishings and residential building products. The company utilizes a multi-faceted go-to-market model to deliver value to customers via various brands and selling models. HNI is focused on growing it…

Analysis

Weak and unloved

HNI Corporation scores below average on quality and is priced accordingly, a low-conviction position in either direction.

On valuation, the picture is expensive. The owner-earnings multiple stands at 47.7×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 18% a year, against analyst forecasts of 20%. The price, in other words, assumes less than the experts do.

Growth is moderate; the safety picture is stretched. The company scores 10/20 on our value-creation score: creating some value. Analysts lean positive.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
90
2023202420252026

All-time high

100

Sep 2024

All-time low

83

Jun 2023

Average rank

94

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
86
56
60
61
Price/Earnings
83
67
61
58
Price/Book
79
47
41
57
Dividend Yield
97
83
83
82
Value (overall)
95
81
73
78

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →