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23.71 (1y: +100%)
Market Cap 530.94 M P/E(ttm) 25.50
Enterprise Value 495.21 M P/B 2.00
HVT- NYSE (USA)
Haverty Furniture Companies, Inc.
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$23.71
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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry		 vs
history
Cash to Debt 2.767
HVT's Cash to Debt is ranked higher than
58% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 2.99 vs. HVT: 2.767 )
HVT' s 10-Year Cash to Debt Range
Min: 0   Max: 6.38
Current: 2.77
0
6.38
Equity to Asset 0.645
HVT's Equity to Asset is ranked higher than
84% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 0.42 vs. HVT: 0.645 )
HVT' s 10-Year Equity to Asset Range
Min: 0.4   Max: 0.68
Current: 0.65
0.4
0.68
Interest Coverage 37.7
HVT's Interest Coverage is ranked lower than
51% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 71.00 vs. HVT: 37.7 )
HVT' s 10-Year Interest Coverage Range
Min: 3   Max: No Debt
Current: 37.7
F-Score: 6
Z-Score: 5.61
M-Score: -3.21
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry		 vs
history
Operating margin (%) 3.50
HVT's Operating margin (%) is ranked higher than
54% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 3.20 vs. HVT: 3.50 )
HVT' s 10-Year Operating margin (%) Range
Min: -1.3   Max: 6.3
Current: 3.5
-1.3
6.3
Net-margin (%) 2.2
HVT's Net-margin (%) is ranked higher than
51% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 2.15 vs. HVT: 2.2 )
HVT' s 10-Year Net-margin (%) Range
Min: -1.8   Max: 4.4
Current: 2.2
-1.8
4.4
ROE (%) 5.7
HVT's ROE (%) is ranked lower than
51% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 6.00 vs. HVT: 5.7 )
HVT' s 10-Year ROE (%) Range
Min: -4.9   Max: 16.2
Current: 5.7
-4.9
16.2
ROA (%) 3.7
HVT's ROA (%) is ranked higher than
55% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 2.80 vs. HVT: 3.7 )
HVT' s 10-Year ROA (%) Range
Min: -3.3   Max: 6.8
Current: 3.7
-3.3
6.8
ROC (Joel Greenblatt) (%) 10.20
HVT's ROC (Joel Greenblatt) (%) is ranked higher than
55% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 10.80 vs. HVT: 10.20 )
HVT' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -3.2   Max: 12.2
Current: 10.2
-3.2
12.2
Revenue Growth (%) 2.2
HVT's Revenue Growth (%) is ranked higher than
63% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 2.90 vs. HVT: 2.2 )
HVT' s 10-Year Revenue Growth (%) Range
Min: -7.5   Max: 4.2
Current: 2.2
-7.5
4.2
EBITDA Growth (%) 33.7
HVT's EBITDA Growth (%) is ranked higher than
88% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 6.10 vs. HVT: 33.7 )
HVT' s 10-Year EBITDA Growth (%) Range
Min: -24.6   Max: 33.7
Current: 33.7
-24.6
33.7
» HVT's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

HVT Guru Trades in Q2 2012

Jim Simons 96,400 sh (+25.68%)
Chuck Royce 596,649 sh (+4.01%)
Donald Smith 1,867,641 sh (-0.41%)
Third Avenue Management 1,032,896 sh (-6.84%)
» More
Q3 2012

HVT Guru Trades in Q3 2012

Jim Simons 116,000 sh (+20.33%)
Chuck Royce 604,349 sh (+1.29%)
Donald Smith 1,868,696 sh (+0.06%)
Third Avenue Management 859,412 sh (-16.8%)
» More
Q4 2012

HVT Guru Trades in Q4 2012

Ken Heebner 115,000 sh (New)
Jim Simons 205,078 sh (+76.79%)
Donald Smith 1,868,698 sh (unchged)
Third Avenue Management Sold Out
Chuck Royce 524,826 sh (-13.16%)
» More
Q1 2013

HVT Guru Trades in Q1 2013

Joel Greenblatt 45,271 sh (New)
Jim Simons 305,100 sh (+48.77%)
Ken Heebner Sold Out
Donald Smith 1,673,726 sh (-10.43%)
Chuck Royce 398,326 sh (-24.1%)
» More
» Details

Insider Trades

Latest Guru Trades with HVT

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-03-31 New Buy0.05%$16.27 - $20.69 $ 23.7131%45271
Premium More recent guru trades are included for Premium Members only!!

Top Ranked Articles about Haverty Furniture Companies, Inc.

Third Avenue Management Sheds Shares as Fourth Quarter Commences
October 11, 2012
Martin Whitman - Third Avenue Management Sheds Shares As Fourth Quarter Commences
Third Avenue Management has reported shareholding reductions since the start of the fourth quarter, shedding shares of three companies: Cavco Industries Inc., Haverty Furtniture Companies Inc. and Alamo Group Inc. The combined reduction average for all three is 21.9 percent. Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 25.50
HVT's P/E(ttm) is ranked higher than
83% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 18.51 vs. HVT: 25.50 )
HVT' s 10-Year P/E(ttm) Range
Min: 8.24   Max: 303.75
Current: 25.5
8.24
303.75
P/B 2.00
HVT's P/B is ranked higher than
54% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 1.40 vs. HVT: 2.00 )
HVT' s 10-Year P/B Range
Min: 0.52   Max: 2.57
Current: 2
0.52
2.57
P/S 0.77
HVT's P/S is ranked lower than
62% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 0.50 vs. HVT: 0.77 )
HVT' s 10-Year P/S Range
Min: 0.21   Max: 0.8
Current: 0.77
0.21
0.8
PFCF 25.00
HVT's PFCF is ranked lower than
68% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 14.90 vs. HVT: 25.00 )
HVT' s 10-Year PFCF Range
Min: 4.31   Max: 258
Current: 25
4.31
258
EV-to-EBIT 14.5
HVT's EV-to-EBIT is ranked higher than
81% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 12.56 vs. HVT: 14.5 )
HVT' s 10-Year EV-to-EBIT Range
Min: 2.9   Max: 430.7
Current: 14.5
2.9
430.7
PEG 0.8
HVT's PEG is ranked lower than
62% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 0.87 vs. HVT: 0.8 )
HVT' s 10-Year PEG Range
Min: 0.44   Max: 82.21
Current: 0.8
0.44
82.21
Shiller P/E 104.8
HVT's Shiller P/E is ranked higher than
67% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 17.09 vs. HVT: 104.8 )
HVT' s 10-Year Shiller P/E Range
Min: 8.99   Max: 112.47
Current: 104.8
8.99
112.47

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 0.67
HVT's Dividend Yield is ranked lower than
55% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 1.86 vs. HVT: 0.67 )
HVT' s 10-Year Dividend Yield Range
Min: 0.29   Max: 3.26
Current: 0.67
0.29
3.26
Dividend Payout 0.1742
HVT's Dividend Payout is ranked higher than
95% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 0.69 vs. HVT: 0.1742 )
HVT' s 10-Year Dividend Payout Range
Min: 0.04   Max: 3.21
Current: 0.17
0.04
3.21
Yield on cost (5-Year) 0.70
HVT's Yield on cost (5-Year) is ranked lower than
55% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 1.93 vs. HVT: 0.70 )
HVT' s 10-Year Yield on cost (5-Year) Range
Min: 0.29   Max: 3.26
Current: 0.7
0.29
3.26
Share Buyback Rate -1.1
HVT's Share Buyback Rate is ranked higher than
69% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: -0.40 vs. HVT: -1.1 )
HVT' s 10-Year Share Buyback Rate Range
Min: 5.8   Max: -5.2
Current: -1.1

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 10.2
HVT's Price/Net Current Asset Value is ranked higher than
76% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 5.70 vs. HVT: 10.2 )
HVT' s 10-Year Price/Net Current Asset Value Range
Min: 1.2   Max: 7.1
Current: 10.2
1.2
7.1
Price/Tangible Book 2
HVT's Price/Tangible Book is ranked higher than
59% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 2.30 vs. HVT: 2 )
HVT' s 10-Year Price/Tangible Book Range
Min: 0.7   Max: 1.8
Current: 2
0.7
1.8
Price/DCF (Projected) 1.2
HVT's Price/DCF (Projected) is ranked higher than
73% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 1.00 vs. HVT: 1.2 )
HVT' s 10-Year Price/DCF (Projected) Range
Min: 0.5   Max: 1.5
Current: 1.2
0.5
1.5
Price/Median PS Value 1.8
HVT's Price/Median PS Value is ranked higher than
91% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 0.80 vs. HVT: 1.8 )
HVT' s 10-Year Price/Median PS Value Range
Min: 0.6   Max: 1.4
Current: 1.8
0.6
1.4
Price/Peter Lynch Fair Value 1
HVT's Price/Peter Lynch Fair Value is ranked lower than
60% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 1.20 vs. HVT: 1 )
HVT' s 10-Year Price/Peter Lynch Fair Value Range
Min: 1   Max: 2.5
Current: 1
1
2.5
Price/Graham Number 1.8
HVT's Price/Graham Number is ranked higher than
69% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 1.60 vs. HVT: 1.8 )
HVT' s 10-Year Price/Graham Number Range
Min: 0.6   Max: 1.9
Current: 1.8
0.6
1.9
Earnings Yield (Greenblatt) 6.90
HVT's Earnings Yield (Greenblatt) is ranked higher than
87% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 8.60 vs. HVT: 6.90 )
HVT' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 34.4
Current: 6.9
0.2
34.4
Forward Rate of Return (Yacktman) 49.6
HVT's Forward Rate of Return (Yacktman) is ranked higher than
68% of the 493 Companies
in the Global Home Improvement Stores industry.

( Industry Median: 10.22 vs. HVT: 49.6 )
HVT' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -44   Max: 51.6
Current: 49.6
-44
51.6

Business Description

Haverty Furniture Companies, Inc. originated as a family business in 1885 in Atlanta, Georgia. The Company provides its customers a selection of products and styles and virtually all of the furniture merchandise it carries bears the Havertys brand. It also offers the nationally well-known bedding product lines of Sealy, Serta and Tempur-Pedic. Its merchandise presentation is tailored to the needs and tastes of the local markets it serve emphasizing more "coastal," "western" or "urban" looks as appropriate. All of its retail locations are operated using the Havertys name and it does not franchise its stores. Its customers are generally college educated women in middle to upper-middle income households. As of December 31, 2011, it operated 119 stores serving 80 cities in 17 states with approximately 4.2 million retail square feet. The store's curb appeal is important to the type of middle to upper-middle income consumer that it target and its use of classical facades and attractive landscaping complements the quality and style of its merchandise. Its website has proven to be useful in reaching the growing number of consumers that use the internet to pre-shop before going to a store. The site also provides its sales associates a tool to further engage the customer while she is in the store and extend her shopping experience when she returns home. It have developed strong relationships with its suppliers and believe that it receive excellent pricing and service from its key vendors due to the volume and reliability of its purchase commitments. It competes with numerous individual retail furniture stores as well as chains and certain department stores. The products it sells are subject to federal regulatory standards including, but not limited to, those outlined in the Consumer Product Safety Improvement Act.
Company Website
SEC Reports
Industry: Home Improvement Stores
Compare:HD, LL, LOW, KGFHF, OSH
» More Articles for HVT

Headlines

Articles On GuruFocus.com
Third Avenue Management Becomes 5% Owner of Slavie Federal Savings Bank Oct 26 2012 
Third Avenue Management Sheds Shares as Fourth Quarter Commences Oct 11 2012 
Stocks with Fastest Dividend Growth in May 2012 May 30 2012 
The Best Stocks With Dividend Growth From Last Week (May 14 – May 20, 2012) May 20 2012 
Haverty Furniture Companies Inc. (HVT) Executive Vice President & CFO Dennis L Fink sells 20,000 Sha May 19 2010 
Haverty Furniture Companies Inc. (HVT) President & CEO Clarence H Smith sells 22,000 Shares May 17 2010 
Haverty Furniture Companies Inc. (HVT) President & CEO Clarence H Smith sells 12,284 Shares Mar 19 2010 
Haverty Furniture Companies Inc. Reports Operating Results (10-Q) Aug 06 2009 
Haverty Furniture Companies Inc. Reports Operating Results (10-Q) May 07 2009 

More From Our Partners
Bull of the Day: Havertys (HVT) - Bull of the Day May 20 2013 - ZACKS

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