HNI (STU:HO9) 1-Year ROIIC % : -0.02% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:HO9 HNI Corp STU:HO9
63 GF Score
Price €36.00
GF Value €51.53
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is HNI 1-Year ROIIC %?

HNI STU:HO9 63 1-Year ROIIC % is -0.02 as of Mar. 2026. GuruFocus rates STU:HO9 with a GF Score™ of 63/100 and a GF Value™ of €51.53 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 421 Furnishings, Fixtures & Appliances companies, HNI ranks worse than 52.26% on this metric.

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. HNI's 1-Year ROIIC % for the quarter that ended in Mar. 2026 was -0.02%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for HNI's 1-Year ROIIC % or its related term are showing as below:

STU:HO9's 1-Year ROIIC % is ranked worse than
52.26% of 421 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.22 vs STU:HO9: -0.02

HNI  (STU:HO9) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


HNI 1-Year ROIIC % Related Terms


HNI 1-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for HNI's 1-Year ROIIC % 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 1-Year ROIIC % Chart

HNI Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.85 2,636.72 13.89 -20.00 1.26

HNI Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
1-Year ROIIC % 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 48.91 329.64 -3,733.44 1.26 -0.02

STU:HO9 vs WHR, TILE, LZB: 1-Year ROIIC % Comparison

For the Furnishings, Fixtures & Appliances subindustry, HNI's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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 1-Year ROIIC % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, HNI's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where HNI's 1-Year ROIIC % falls into.


STU:HO9
63GF Score
HNI Corp STU:HO9
1-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HNI 1-Year ROIIC % Calculation

HNI's 1-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 140.3146 (Mar. 2026) - 152.0983 (Mar. 2025) )/( 3350.924 (Mar. 2026) - 1370.665 (Mar. 2025) )
=-11.7837/1980.259
=-0.60%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 1-Year ROIIC % →
What does a 1-Year ROIIC % of -0.02 mean?
HNI (STU:HO9) has a 1-Year ROIIC % of -0.02 as of Mar. 2026. 1-Year ROIIC % measures the change in earnings as a percentage of change in investment over 1-year. View historical data on HNI and its competitors. According to the industry distribution chart, HNI ranks #220 out of 421 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 52.3%.
Is HNI's 1-Year ROIIC % too high?
HNI's current 1-Year ROIIC % is -0.02. Based on the distribution chart, HNI ranks #220 out of 421 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, HNI has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HNI's 1-Year ROIIC % compare to WHR and TILE?
According to the Furnishings, Fixtures & Appliances industry distribution chart, HNI ranks #220 out of 421 companies for 1-Year ROIIC %. This places HNI in the lower half of its industry. The industry median 1-Year ROIIC % is 1.22. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 1-Year ROIIC % for a Furnishings, Fixtures & Appliances company?
The median 1-Year ROIIC % among Furnishings, Fixtures & Appliances companies is 1.22, based on 421 companies in the industry. Companies in the top quartile (top 25%) have a 1-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 1-Year ROIIC % 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 1-Year ROIIC % mean?
A high 1-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 1-Year ROIIC % measures the change in earnings as a percentage of change in investment over 1-year. View historical data on HNI and its competitors. For the Furnishings, Fixtures & Appliances industry, the median 1-Year ROIIC % is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HNI's current 1-Year ROIIC % is -0.02. 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 €51.53, compared to a current price of €36.00 — trading 30.1% below its estimated fair value. The current 1-Year ROIIC % is -0.02. HNI's overall GF Score™ is 63/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 1-Year ROIIC % calculated?
1-Year ROIIC % is calculated from a company's financial statements. For HNI (STU:HO9), the current 1-Year ROIIC % is -0.02 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 €36.00 is trading 30.1% below its estimated GF Value™ of €51.53. GuruFocus considers HNI to be Possible Value Trap.

Key valuation signals for STU:HO9:

  • 1-Year ROIIC %: -0.02
  • GF Value™: €51.53 vs. price of €36.00 (30.1% below fair value)
  • GF Score™: 63/100 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.
63GF Score

Get the complete analysis for STU:HO9

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

€36.00
Price
€51.53
GF Value