HVT (Haverty Furniture) Piotroski F-Score: 5 (As of Aug. 02, 2026) — 17% Below Median

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HVT Haverty Furniture Companies Inc HVT
70 GF Score
Price $24.64
GF Value $24.23
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Haverty Furniture Piotroski F-Score?

Haverty Furniture HVT -1.56% 70 Piotroski F-Score is 5 as of Aug. 02, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates HVT with a GF Score™ of 70/100 and a GF Value™ of $24.23 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,100 Retail - Cyclical companies, Haverty Furniture ranks worse than 51.55% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Haverty Furniture has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Haverty Furniture's Piotroski F-Score or its related term are showing as below:

HVT' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Haverty Furniture was 8. The lowest was 4. And the median was 6.

Haverty Furniture  (NYSE:HVT) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Haverty Furniture Piotroski F-Score Related Terms


Haverty Furniture Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Haverty Furniture's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Haverty Furniture Piotroski F-Score Chart

Haverty Furniture Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 6.00 6.00 5.00 7.00

Haverty Furniture Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.00 5.00 7.00 7.00 5.00

HVT vs TTSH, LIVE, HD: Piotroski F-Score Comparison

For the Home Improvement Retail subindustry, Haverty Furniture's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Haverty Furniture Piotroski F-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Haverty Furniture's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Haverty Furniture's Piotroski F-Score falls into.


HVT
70GF Score
Haverty Furniture Companies Inc HVT
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 2.689 + 4.729 + 8.534 + 4.261 = $20.2 Mil.
Cash Flow from Operations was 7.223 + 31.908 + 7.359 + -2.901 = $43.6 Mil.
Revenue was 181.025 + 194.484 + 201.919 + 189.05 = $766.5 Mil.
Gross Profit was 110.102 + 117.264 + 122.048 + 116.217 = $465.6 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(642.69 + 642.672 + 651.709 + 649.052 + 647.341) / 5 = $646.6928 Mil.
Total Assets at the begining of this year (Mar25) was $642.7 Mil.
Long-Term Debt & Capital Lease Obligation was $184.2 Mil.
Total Current Assets was $240.8 Mil.
Total Current Liabilities was $130.9 Mil.
Net Income was 4.438 + 4.928 + 8.197 + 3.778 = $21.3 Mil.

Revenue was 178.636 + 175.913 + 184.353 + 181.567 = $720.5 Mil.
Gross Profit was 107.984 + 105.918 + 114.157 + 111.083 = $439.1 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(640.529 + 642.105 + 659.302 + 648.747 + 642.69) / 5 = $646.6746 Mil.
Total Assets at the begining of last year (Mar24) was $640.5 Mil.
Long-Term Debt & Capital Lease Obligation was $181.1 Mil.
Total Current Assets was $232.7 Mil.
Total Current Liabilities was $128.6 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Haverty Furniture's current Net Income (TTM) was 20.2. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Haverty Furniture's current Cash Flow from Operations (TTM) was 43.6. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=20.213/642.69
=0.03145062

ROA (Last Year)=Net Income/Total Assets (Mar24)
=21.341/640.529
=0.03331777

Haverty Furniture's return on assets of this year was 0.03145062. Haverty Furniture's return on assets of last year was 0.03331777. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Haverty Furniture's current Net Income (TTM) was 20.2. Haverty Furniture's current Cash Flow from Operations (TTM) was 43.6. ==> 43.6 > 20.2 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=184.168/646.6928
=0.28478437

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=181.065/646.6746
=0.27999399

Haverty Furniture's gearing of this year was 0.28478437. Haverty Furniture's gearing of last year was 0.27999399. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=240.818/130.948
=1.83903534

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=232.739/128.647
=1.80912886

Haverty Furniture's current ratio of this year was 1.83903534. Haverty Furniture's current ratio of last year was 1.80912886. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Haverty Furniture's number of shares in issue this year was 16.637. Haverty Furniture's number of shares in issue last year was 16.563. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=465.631/766.478
=0.60749428

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=439.142/720.469
=0.60952241

Haverty Furniture's gross margin of this year was 0.60749428. Haverty Furniture's gross margin of last year was 0.60952241. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=766.478/642.69
=1.19260919

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=720.469/640.529
=1.12480309

Haverty Furniture's asset turnover of this year was 1.19260919. Haverty Furniture's asset turnover of last year was 1.12480309. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+1+0+1+0+0+1
=5

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Haverty Furniture has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
Haverty Furniture (HVT) has a Piotroski F-Score of 5 as of Aug. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Haverty Furniture and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Haverty Furniture's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Haverty Furniture ranks #567 out of 1100 companies in the Retail - Cyclical industry, placing it in the top 51.5%.
Is Haverty Furniture's Piotroski F-Score too high?
Haverty Furniture's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Retail - Cyclical industry median Piotroski F-Score is 6.00. Haverty Furniture's value of 5 is 16.7% below this industry median. Based on the distribution chart, Haverty Furniture ranks #567 out of 1100 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Haverty Furniture has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Haverty Furniture's Piotroski F-Score compare to TTSH and LIVE?
According to the Retail - Cyclical industry distribution chart, Haverty Furniture ranks #567 out of 1100 companies for Piotroski F-Score. This places Haverty Furniture in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Haverty Furniture's value of 5 is 16.7% below this benchmark. Historically, Haverty Furniture's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Haverty Furniture has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 6.00, based on 1,100 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Haverty Furniture's current Piotroski F-Score of 5 is 16.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Haverty Furniture and its competitors. For the Retail - Cyclical industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Haverty Furniture's current Piotroski F-Score is 5, which is 17% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haverty Furniture stock overvalued right now?
Based on GuruFocus' analysis, Haverty Furniture (HVT) is currently considered Fairly Valued. The stock's GF Value™ is $24.23, compared to a current price of $24.64 — trading 1.7% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 16.7% below the Retail - Cyclical industry median of 6.00. Haverty Furniture's overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Haverty Furniture (HVT), the current Piotroski F-Score is 5 as of Aug. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Haverty Furniture (HVT) Overvalued in 2026?

Based on GuruFocus' analysis, Haverty Furniture stock appears to be overvalued. The current stock price of $24.64 is trading 1.7% above its estimated GF Value™ of $24.23. GuruFocus considers Haverty Furniture to be Fairly Valued.

Key valuation signals for HVT:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: $24.23 vs. price of $24.64 (1.7% above fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 16.7% below the Retail - Cyclical median (#567 of 1100)

No single metric tells the full story. See the HVT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Haverty Furniture Business Description

Other Exchanges HVT.A:USA25F:Germany
Address 780 Johnson Ferry Road, Suite 800, Atlanta, GA, USA, 30342
Haverty Furniture Companies Inc is a specialty retailer of residential furniture and accessories. It provides various products such as Sofa Tables, Sleepers, End Tables, Cocktail Tables, Accent Pieces, Display Cabinets, Wall Decor, floral and Tress, and other related products. The company operates in the Southern and Midwestern U.S. All its activities are encompassed in its Merchandise division. The company derives the majority of revenue from its upholstery products and, secondarily, from bedroom furniture.
70GF Score

Get the complete analysis for HVT

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.64
Price
$24.23
GF Value