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General information

Country: UNITED STATES

Sector: Home Improvement Retail

Haverty Furniture Companies, Inc. operates as a specialty retailer of residential furniture and accessories in the United States. The company offers furniture merchandise under the Havertys brand name. It also provides custom upholstery products; and mattress product lines under the Sealy, Tempur-Pedic, Serta, Stearns & Foster, Beautyrest Black, and Scott Living names, as well as private label Skye name. The company sells home furnishings through its retail stores, as well as through its Website. As of April 01, 2020, it operated 120 showrooms in 16 states in the Southern and Midwestern regions. Haverty Furniture Companies, Inc. was founded in 1885 and is headquartered in Atlanta, Georgia.
Website: havertys.com



Growth: Bad revenue growth rate -13.1%, there is slowdown compared to average historical growth rates -11.0%. The revenue growth dynamics is unstable Site traffic for the last 3 months showed a change of +7.5%

Profitability: LTM EBITDA margin is positive, +8.1%. On average the margin is decreasing unsteadily. Gross margin is high, +60.5%.

Cash Flow Generation: Dividend yield for the last twelve months 8.3%. Free cash flow yield 0.5% (LTM)

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 9.4% higher than minimum and 36.3% lower than maximum for the last 3 years

AI Insight: the companies with similar growth trajectories, EBITDA margin, industries and geography on average are valued 1.3x by EV / Sales multiple , the company can be 94.5% undervalued

Key Financials (Download financials)

Ticker: HVT-A
Share price, USD:  (0.0%)25.5
year average price 30.46  


year start price 31.70 2023-09-19

max close price 40.00 2023-12-15

min close price 23.30 2024-07-05

current price 25.50 2024-09-17
Common stocks: 16 405 600

Dividend Yield:  8.3%
FCF Yield LTM: 0.5%
EV / LTM EBITDA: 8.2x
EV / EBITDA annualized: 13.1x
Last revenue growth (y/y):  -13.1%
Last growth of EBITDA (y/y):  -50.0%
Historical revenue growth:  -11.0%
Historical growth of EBITDA:  -24.0%
EV / Sales: 0.7x
Margin (EBITDA LTM / Revenue): 8.1%
Fundamental value created in LTM:
Market Cap ($m): 418
Net Debt ($m): 104
EV (Enterprise Value): 522
Price to Book: 1.4x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2024 q2 2024 q1 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol HVT-A HVT-A HVT-A HVT-A HVT-A HVT-A HVT-A HVT-A
reportedCurrency USD USD USD USD USD USD USD USD
cik 216 085 216 085 216 085 216 085 216 085 216 085 216 085 216 085
fillingDate 2024-08-06 2024-05-07 2024-03-07 2023-11-03 2023-08-07 2023-05-05 2023-03-08 2022-11-04
acceptedDate 2024-08-06 16:15:01 2024-05-07 16:10:59 2024-03-07 12:36:03 2023-11-03 15:06:20 2023-08-07 12:13:21 2023-05-05 12:56:36 2023-03-08 11:51:53 2022-11-04 12:00:30
calendarYear 2024 2024 2023 2023 2023 2023 2022 2022
period Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3
revenue 179M 184M 211M 220M 206M 225M 281M 274M
costOfRevenue 71M 73M 79M 86M 81M 92M 121M 118M
grossProfit 108M 111M 131M 134M 125M 133M 160M 157M
grossProfitRatio 0.604 0.603 0.624 0.608 0.605 0.591 0.57 0.571
researchAndDevelopmentExpenses 0 0 0 0 0 0 0 0
generalAndAdministrativeExpenses 0 0 71M 0 0 0 228M 0
sellingAndMarketingExpenses 0 0 43M 0 0 0 -99M 0
sellingGeneralAndAdministrativeExpenses 103M 109M 115M 113M 110M 118M 128M 125M
otherExpenses 101 000 -23 000 -13 000 -55 000 -14 000 4000 131 000 0
operatingExpenses 103M 109M 115M 113M 110M 118M 128M 125M
costAndExpenses 174M 182M 194M 199M 191M 210M 249M 242M
interestIncome 1M 2M 2M 2M 973 000 1M 920 000 481 000
interestExpense 0 0 1M 0 0 -1M 920 000 481 000
depreciationAndAmortization 5M 5M 43 812 5M 5M 4M 4M 4M
ebitda 10M 7M 21M 21M 20M 19M 36M 37M
ebitdaratio 0.056 0.036 0.102 0.097 0.095 0.084 0.127 0.135
operatingIncome 5M 2M 17M 21M 15M 14M 31M 32M
operatingIncomeRatio 0.027 0.009 0.079 0.097 0.072 0.064 0.112 0.117
totalOtherIncomeExpensesNet 2M 2M 2M 2M -14 000 1M 1M 423 000
incomeBeforeTax 6M 3M 19M 23M 16M 15M 33M 33M
incomeBeforeTaxRatio 0.036 0.017 0.088 0.104 0.077 0.069 0.116 0.119
incomeTaxExpense 2M 802 000 4M 6M 4M 3M 9M 8M
netIncome 4M 2M 15M 17M 12M 12M 24M 25M
netIncomeRatio 0.025 0.013 0.071 0.078 0.057 0.055 0.085 0.089
eps 0.27 0.15 0.93 1.14 0.73 0.77 1.48 1.51
epsdiluted 0.27 0.14 0.9 1.02 0.7 0.74 1.42 1.46
weightedAverageShsOut 16M 15M 16M 15M 17M 16M 16M 16M
weightedAverageShsOutDil 17M 17M 17M 17M 17M 17M 17M 17M
link Link Link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link Link Link

Balance Sheet Statement

Property 2024 q2 2024 q1 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol HVT-A HVT-A HVT-A HVT-A HVT-A HVT-A HVT-A HVT-A
reportedCurrency USD USD USD USD USD USD USD USD
cik 216 085 216 085 216 085 216 085 216 085 216 085 216 085 216 085
fillingDate 2024-08-06 2024-05-07 2024-03-07 2023-11-03 2023-08-07 2023-05-05 2023-03-08 2022-11-04
acceptedDate 2024-08-06 16:15:01 2024-05-07 16:10:59 2024-03-07 12:36:03 2023-11-03 15:06:20 2023-08-07 12:13:21 2023-05-05 12:56:36 2023-03-08 11:51:53 2022-11-04 12:00:30
calendarYear 2024 2024 2023 2023 2023 2023 2022 2022
period Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3
cashAndCashEquivalents 116M 118M 128M 134M 109M 120M 123M 137M
shortTermInvestments 0 0 0 0 0 0 0 0
cashAndShortTermInvestments 116M 118M 128M 134M 109M 120M 123M 137M
netReceivables 0 1 1 20M 19M 18M 17M 0
inventory 92M 92M 95M 102M 115M 114M 118M 137M
otherCurrentAssets 32M 31M 28M 14M 15M 20M 18M 36M
totalCurrentAssets 240M 241M 251M 271M 257M 272M 276M 310M
propertyPlantEquipmentNet 372M 370M 374M 376M 369M 347M 345M 353M
goodwill 0 0 0 0 0 0 0 0
intangibleAssets 0 0 0 0 0 0 0 0
goodwillAndIntangibleAssets 0 0 0 0 0 0 0 0
longTermInvestments 0 0 0 0 0 0 0 0
taxAssets 15M 16M 77M 18M 17M 16M 16M 18M
otherNonCurrentAssets 14M 14M 14M 12M 13M 13M 12M 12M
totalNonCurrentAssets 402M 400M 465M 406M 399M 376M 373M 383M
otherAssets 0 0 0 0 0 0 0 0
totalAssets 642M 641M 715M 677M 656M 648M 649M 693M
accountPayables 18M 17M 19M 21M 20M 16M 23M 25M
shortTermDebt 37M 38M 37M 38M 37M 36M 34M 35M
taxPayables 0 0 11M 0 0 0 9M 0
deferredRevenue 39M 41M 36M 46M 46M 46M 48M 80M
otherCurrentLiabilities 37M 36M 46M 46M 42M 40M 49M 53M
totalCurrentLiabilities 130M 131M 138M 151M 144M 139M 154M 193M
longTermDebt 177M 175M 180M 182M 179M 186M 187M 197M
deferredRevenueNonCurrent 0 0 0 0 0 0 0 0
deferredTaxLiabilitiesNonCurrent 0 0 61M 0 0 0 0 0
otherNonCurrentLiabilities 28M 28M 27M 27M 27M 28M 18M 20M
totalNonCurrentLiabilities 205M 203M 269M 209M 206M 213M 205M 217M
otherLiabilities 0 0 0 0 0 0 0 0
capitalLeaseObligations 177M 175M 180M 221M 216M 222M 221M 232M
totalLiabilities 335M 334M 407M 360M 351M 352M 360M 409M
preferredStock 0 0 0 0 0 0 0 0
commonStock 32M 32M 32M 30M 32M 30M 32M 32M
retainedEarnings 416M 417M 419M 425M 413M 406M 398M 395M
accumulatedOtherComprehensiveIncomeLoss -983 000 -983 000 -983 000 -756 000 -756 000 -756 000 -756 000 -2M
othertotalStockholdersEquity -140M -141M -142M -138M -139M -139M -140M 0
totalStockholdersEquity 307M 307M 308M 316M 306M 296M 289M 284M
totalEquity 307M 307M 308M 316M 306M 296M 289M 284M
totalLiabilitiesAndStockholdersEquity 642M 641M 715M 677M 656M 648M 649M 693M
minorityInterest 0 0 0 0 0 0 0 0
totalLiabilitiesAndTotalEquity 642M 641M 715M 677M 656M 648M 649M 693M
totalInvestments 0 0 0 0 0 0 0 0
totalDebt 214M 212M 218M 221M 216M 222M 221M 232M
netDebt 97M 94M 90M 86M 106M 102M 98M 94M
link Link Link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link Link Link

Cash Flow Statement

Property 2024 q2 2024 q1 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol HVT-A HVT-A HVT-A HVT-A HVT-A HVT-A HVT-A HVT-A
reportedCurrency USD USD USD USD USD USD USD USD
cik 216 085 216 085 216 085 216 085 216 085 216 085 216 085 216 085
fillingDate 2024-08-06 2024-05-07 2024-03-07 2023-11-03 2023-08-07 2023-05-05 2023-03-08 2022-11-04
acceptedDate 2024-08-06 16:15:01 2024-05-07 16:10:59 2024-03-07 12:36:03 2023-11-03 15:06:20 2023-08-07 12:13:21 2023-05-05 12:56:36 2023-03-08 11:51:53 2022-11-04 12:00:30
calendarYear 2024 2024 2023 2023 2023 2023 2022 2022
period Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3
netIncome 4M 2M 15M 17M 12M 12M 24M 25M
depreciationAndAmortization 5M 5M 5M 5M 5M 4M 4M 4M
deferredIncomeTax 0 0 -1M 0 0 0 584 000 0
stockBasedCompensation 1M 3M 2M 2M 2M 2M 1M 2M
changeInWorkingCapital 2M -7M -5M 17M 10M -7M -18M -20M
accountsReceivables 0 0 9M -5M -5M 0 0 0
inventory -323 000 2M 8M 12M -468 000 4M 19M -3M
accountsPayables 3M -13M -1M 5M 5M -15M -6M 0
otherWorkingCapital -161 000 4M -12M 4M 10M 4M -31M -17M
otherNonCashItems 11M 23M 3M -1M 584 000 -840 000 1M 994 000
netCashProvidedByOperatingActivities 14M 3M 18M 39M 29M 11M 13M 12M
investmentsInPropertyPlantAndEquipment -10M -6M -7M -6M -34M -7M -6M 0
acquisitionsNet 4000 48 000 -53 000 30 000 10000 0 0 0
purchasesOfInvestments 0 0 0 0 0 0 0 0
salesMaturitiesOfInvestments 0 0 0 0 0 0 0 0
otherInvestingActivites 4000 48 000 53 000 30 000 0 13 000 20 000 -9M
netCashUsedForInvestingActivites -10M -6M -7M -6M -34M -7M -6M -9M
debtRepayment 0 0 0 0 0 0 0 0
commonStockIssued 0 0 0 0 0 0 0 0
commonStockRepurchased -1M -2M -4M -3M -4M 0 0 -5M
dividendsPaid -5M -5M -21M -5M -5M -5M -21M -5M
otherFinancingActivites -1M -2M -77 000 1000 3M -3M 0 -1000
netCashUsedProvidedByFinancingActivities -7M -7M -25M -8M -6M -7M -21M -10M
effectOfForexChangesOnCash 0 0 25M -25M 0 0 0 0
netChangeInCash -2M -10M -14M 25M -11M -3M -14M -6M
cashAtEndOfPeriod 116M 118M 128M 141M 116M 127M 130M 144M
cashAtBeginningOfPeriod 118M 128M 141M 116M 127M 130M 144M 150M
operatingCashFlow 14M 3M 18M 39M 29M 11M 13M 12M
capitalExpenditure -10M -6M -7M -6M -34M -7M -6M -9M
freeCashFlow 5M -3M 11M 33M -5M 4M 7M 3M
link Link Link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link Link Link

Earning call transcript

2024 q2
2024-08-03 ET (fiscal 2024 q2)
2024 q1
2024-05-02 ET (fiscal 2024 q1)
2023 q4
2024-02-22 ET (fiscal 2023 q4)
2023 q3
2023-11-03 ET (fiscal 2023 q3)
2023 q2
2023-08-02 ET (fiscal 2023 q2)
2023 q1
2023-05-03 ET (fiscal 2023 q1)

SEC forms

Show financial reports only

SEC form 10
2024-08-06 00:00 ET
Haverty Furniture Companies reported for 2024 q2
SEC form 10
2024-05-07 00:00 ET
Haverty Furniture Companies reported for 2024 q1
SEC form 10
2024-03-07 00:00 ET
Haverty Furniture Companies reported for 2023 q4
SEC form 10
2023-11-03 00:00 ET
Haverty Furniture Companies reported for 2023 q3
SEC form 10
2023-08-07 00:00 ET
Haverty Furniture Companies reported for 2023 q2
SEC form 8
2023-08-01 00:00 ET
Haverty Furniture Companies reported for 2023 q2
SEC form 10
2023-05-05 00:00 ET
Haverty Furniture Companies published news for 2023 q1
SEC form 8
2023-05-02 00:00 ET
Haverty Furniture Companies reported for 2023 q1
SEC form 6
2023-04-05 16:31 ET
Haverty Furniture Companies published news for 2023 q1
SEC form 10
2023-03-08 11:51 ET
Haverty Furniture Companies reported for 2022 q4
SEC form 10
2023-03-08 00:00 ET
Haverty Furniture Companies reported for 2022 q4
SEC form 6
2023-02-21 16:24 ET
Haverty Furniture Companies reported for 2022 q4
SEC form 8
2023-02-21 00:00 ET
Haverty Furniture Companies reported for 2022 q4
SEC form 6
2022-11-14 16:32 ET
Haverty Furniture Companies published news for 2022 q3
SEC form 6
2022-11-14 16:14 ET
Haverty Furniture Companies published news for 2022 q3
SEC form 10
2022-11-04 12:00 ET
Haverty Furniture Companies reported for 2022 q3
SEC form 10
2022-11-04 00:00 ET
Haverty Furniture Companies published news for
SEC form 6
2022-11-02 13:15 ET
Haverty Furniture Companies published news for 2022 q3
SEC form 8
2022-11-02 00:00 ET
Haverty Furniture Companies reported for 2022 q3
SEC form 6
2022-10-27 11:37 ET
Haverty Furniture Companies published news for 2022 q3
SEC form 10
2022-08-05 13:31 ET
Haverty Furniture Companies reported for 2022 q2
SEC form 10
2022-08-05 00:00 ET
Haverty Furniture Companies reported for 2022 q2
SEC form 6
2022-08-03 11:20 ET
Haverty Furniture Companies reported for 2022 q2
SEC form 8
2022-08-03 00:00 ET
Haverty Furniture Companies reported for 2022 q2
SEC form 6
2022-05-12 16:23 ET
Haverty Furniture Companies published news for 2022 q1
SEC form 10
2022-05-06 12:19 ET
Haverty Furniture Companies reported for 2022 q1
SEC form 10
2022-05-06 00:00 ET
Haverty Furniture Companies reported for 2022 q1
SEC form 6
2022-05-02 17:02 ET
Haverty Furniture Companies published news for 2022 q1
SEC form 8
2022-05-02 00:00 ET
Haverty Furniture Companies reported for 2022 q1
SEC form 6
2022-03-28 08:12 ET
Haverty Furniture Companies published news for 2021 q4
SEC form 10
2022-03-01 14:58 ET
Haverty Furniture Companies published news for 2021 q4
SEC form 10
2022-03-01 00:00 ET
Haverty Furniture Companies published news for 2021 q4
SEC form 6
2022-02-15 16:44 ET
Haverty Furniture Companies published news for 2021 q4
SEC form 8
2022-02-15 00:00 ET
Haverty Furniture Companies published news for 2021 q4
SEC form 6
2022-02-01 17:02 ET
Haverty Furniture Companies published news for 2021 q4
SEC form 10
2021-11-02 11:36 ET
Haverty Furniture Companies published news for 2021 q3
SEC form 10
2021-11-02 00:00 ET
Haverty Furniture Companies published news for 2021 q3
SEC form 6
2021-10-29 14:08 ET
Haverty Furniture Companies reported for 2021 q3
SEC form 8
2021-10-29 00:00 ET
Haverty Furniture Companies published news for 2021 q3
SEC form 10
2021-08-02 12:39 ET
Haverty Furniture Companies published news for 2021 q2
SEC form 10
2021-08-02 00:00 ET
Haverty Furniture Companies published news for 2021 q2
SEC form 6
2021-07-28 13:19 ET
Haverty Furniture Companies published news for 2021 q2
SEC form 8
2021-07-28 00:00 ET
Haverty Furniture Companies published news for 2021 q2
SEC form 6
2021-05-14 16:31 ET
Haverty Furniture Companies published news for 2021 q1
SEC form 10
2021-04-30 11:54 ET
Haverty Furniture Companies published news for 2021 q1
SEC form 10
2021-04-30 00:00 ET
Haverty Furniture Companies published news for 2021 q1
SEC form 6
2021-04-28 15:43 ET
Haverty Furniture Companies published news for 2021 q1
SEC form 8
2021-04-28 00:00 ET
Haverty Furniture Companies published news for 2021 q1
SEC form 6
2021-03-31 08:46 ET
Haverty Furniture Companies published news for 2020 q4
SEC form 10
2021-03-09 16:52 ET
Haverty Furniture Companies published news for 2020 q4
SEC form 6
2021-03-01 16:31 ET
Haverty Furniture Companies published news for 2020 q4
SEC form 6
2021-02-23 17:24 ET
Haverty Furniture Companies published news for 2020 q4
SEC form 6
2021-02-18 16:51 ET
Haverty Furniture Companies published news for 2020 q4
SEC form 6
2021-01-27 16:15 ET
Haverty Furniture Companies published news for 2020 q4
SEC form 10
2020-11-04 17:04 ET
Haverty Furniture Companies published news for 2020 q3
SEC form 6
2020-10-29 16:29 ET
Haverty Furniture Companies reported for 2020 q3
SEC form 6
2020-10-07 07:31 ET
Haverty Furniture Companies published news for 2020 q3