HNI (STU:HO9) ROCE %: -3.71% (As of Mar. 2026)


STU:HO9 HNI Corp STU:HO9
60 GF Score
Price €34.80
GF Value €50.47
Valuation Possible Value Trap
! 8 Warning Signs
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What is HNI ROCE %?

HNI STU:HO9 +5.45% 60 ROCE % is -3.71% as of Mar. 2026. GuruFocus rates STU:HO9 with a GF Score™ of 60/100 and a GF Value™ of €50.47 (Possible Value Trap). The stock has 8 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. HNI's annualized ROCE % for the quarter that ended in Mar. 2026 was -3.71%.

HNI  (STU:HO9) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

HNI ROCE % Related Terms

HNI ROCE % Historical Data

* Premium members only.

The historical data trend for HNI's ROCE % 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.

HNI ROCE % Chart

HNI Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.00 15.93 7.18 14.73 4.76

HNI Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 6.83 18.10 17.45 -4.76 -3.71
STU:HO9
60GF Score
HNI Corp STU:HO9
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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HNI ROCE % Calculation

HNI's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=107.946/( ( (1790.721 - 456.013) + (4171.79 - 972.962) )/ 2 )
=107.946/( (1334.708+3198.828)/ 2 )
=107.946/2266.768
=4.76 %

HNI's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-120.752/( ( (4171.79 - 972.962) + (4128.299 - 809.726) )/ 2 )
=-120.752/( ( 3198.828 + 3318.573 )/ 2 )
=-120.752/3258.7005
=-3.71 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -3.71% mean?
HNI (STU:HO9) has a ROCE % of -3.71% as of Mar. 2026.
Is HNI's ROCE % too high?
HNI's current ROCE % is -3.71%. Overall, HNI has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HNI's ROCE % compare to TILE and WHR?
HNI's ROCE % of -3.71% can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median ROCE % is 5.73. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Furnishings, Fixtures & Appliances company?
The median ROCE % among Furnishings, Fixtures & Appliances companies is 5.73, based on 430 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Furnishings, Fixtures & Appliances industry, the median ROCE % is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HNI's current ROCE % is -3.71%. 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 Possible Value Trap. The stock's GF Value™ is €50.47, compared to a current price of €34.80 — trading 31% below its estimated fair value. The current ROCE % is -3.71%. HNI's overall GF Score™ is 60/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For HNI (STU:HO9), the current ROCE % is -3.71% as of Mar. 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 €34.80 is trading 31% below its estimated GF Value™ of €50.47. GuruFocus considers HNI to be Possible Value Trap.

Key valuation signals for STU:HO9:

  • ROCE %: -3.71%
  • GF Value™: €50.47 vs. price of €34.80 (31% below fair value)
  • GF Score™: 60/100 with 8 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.
60GF Score

Get the complete analysis for STU:HO9

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

€34.80
Price
€50.47
GF Value