HNI (STU:HO9) Moat Score: 4/10 (As of Jul. 05, 2026)


STU:HO9 HNI Corp STU:HO9
64 GF Score
Price €36.20
GF Value €50.60
Valuation Modestly Undervalued
! 7 Warning Signs
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What is HNI Moat Score?

HNI STU:HO9 +0.56% 64 Moat Score is 4 as of Jul. 05, 2026. GuruFocus rates STU:HO9 with a GF Score™ of 64/100 and a GF Value™ of €50.60 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 441 Furnishings, Fixtures & Appliances companies, HNI ranks better than 94.78% on this metric.

HNI has the Moat Score of 4, which implies that the company might have Narrow Moat - Discernible but modest moat.

HNI has Narrow Moat: HNI Corp has a solid position in the office furniture market with some brand strength and economies of scale. However, competition and limited pricing power constrain its long-term competitive advantages.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes HNI might have Narrow Moat - Discernible but modest moat.

HNI  (STU:HO9) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

HNI Moat Score Related Terms

STU:HO9 vs WHR, TILE, LZB: Moat Score Comparison

For the Furnishings, Fixtures & Appliances subindustry, HNI's Moat Score, along with its competitors' market caps and Moat 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.

HNI Moat Score vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, HNI's Moat Score distribution charts can be found below:

* The bar in red indicates where HNI's Moat Score falls into.


STU:HO9
64GF Score
HNI Corp STU:HO9
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 4 mean?
HNI (STU:HO9) has a Moat Score of 4 as of Jul. 05, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, HNI ranks #23 out of 441 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 5.2%.
Is HNI's Moat Score too high?
HNI's current Moat Score is 4. Based on the distribution chart, HNI ranks #23 out of 441 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, HNI has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HNI's Moat Score compare to WHR and TILE?
According to the Furnishings, Fixtures & Appliances industry distribution chart, HNI ranks #23 out of 441 companies for Moat Score. This places HNI in the top 5% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Furnishings, Fixtures & Appliances company?
A good Moat Score depends on the Furnishings, Fixtures & Appliances industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. HNI's current Moat Score is 4. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HNI stock overvalued right now?
Based on GuruFocus' analysis, HNI (STU:HO9) is currently considered Modestly Undervalued. The stock's GF Value™ is €50.60, compared to a current price of €36.20 — trading 28.5% below its estimated fair value. The current Moat Score is 4. HNI's overall GF Score™ is 64/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For HNI (STU:HO9), the current Moat Score is 4 as of Jul. 05, 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 HNI (STU:HO9) Overvalued in 2026?

Based on GuruFocus' analysis, HNI stock appears to be undervalued. The current stock price of €36.20 is trading 28.5% below its estimated GF Value™ of €50.60. GuruFocus considers HNI to be Modestly Undervalued.

Key valuation signals for STU:HO9:

  • Moat Score: 4
  • GF Value™: €50.60 vs. price of €36.20 (28.5% below fair value)
  • GF Score™: 64/100 with 7 warning signs

No single metric tells the full story. See the STU:HO9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

HNI Business Description

Other Exchanges HNI:USA
Address 600 East Second Street, P.O. Box 1109, Muscatine, IA, USA, 52761-0071
HNI Corp is a provider of commercial furnishings and hearth products. Its two reportable segments are workplace furnishings and residential building products. The workplace furnishings segment includes furniture systems, seating, storage, tables, architectural products, ancillary products, and hospitality products. The residential building products segment includes various gas, wood, electric, and pellet-fueled fireplaces, inserts, stoves, facings, outdoor fire pits and fire tables, and accessories. The company's products are sold through independent dealers, distributors, eCommerce retailers, wholesalers, and retail outlets. A majority of the firm's revenue is generated from the Workplace furnishings segment. Geographically, it operates in the United States.
64GF Score

Get the complete analysis for STU:HO9

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

€36.20
Price
€50.60
GF Value