AlphaMadera's AlphaVal page computes HNI Corporation's fair value using a multi-method blend (DCF, comparable-multiples, and Graham-style intrinsic value), then compares it to the current market price to flag HNI as undervalued, fairly valued, or overvalued.

What is HNI Corporation's fair value?

Fair value for HNI is a model output combining discounted cash flow projections, peer-group multiples, and a Graham number floor. The live AlphaVal page shows the blended fair value alongside each method's individual estimate.

How does AlphaMadera value HNI?

AlphaVal uses three primary techniques: a five-year discounted-cash-flow projection with terminal multiple, peer-group multiple analysis (P/E, EV/EBITDA, P/S), and Graham's defensive-investor intrinsic-value formula. Inputs come from HNI's most recent reported fundamentals.

HNI - HNI Corporation

Price: -- -- | CONSENSUS: Buy DETAILS | PRICE TARGET: $65.00 DETAILS

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 65% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Overvalued Strong

Trading 42.3% above fair value

Current Price $41.29

Bear Case $23.21 43.8% downside ($23.21 - $41.29) / $41.29 = -43.8% $1.93 × 12x P/E

Fair Value $29.01 29.7% downside ($29.01 - $41.29) / $41.29 = -29.7% $1.93 × 15x P/E

Bull Case $34.81 15.7% downside ($34.81 - $41.29) / $41.29 = -15.7% $1.93 × 18x P/E

Adjust Assumptions

P/E Multiple

15.0x

Adjusted EPS

1.93$

Key Value Driver

Normalized P/E multiple (15x base case)

Implied Market Multiple 21.4x

Plain-Language Summary

Applying a 15x P/E to adjusted EPS of $1.93, the base-case value is $29.01 per share. DDM cross-check: $22.69.

Warnings

⚠ The company's reported profits differ from official accounting profits by 74%. Check what costs are being left out of the adjusted number.

⚠ The company pays out 123% of its profits as dividends. That leaves little cushion — the dividend could be cut if business slows down.

ℹ Dividend-based valuation: $22.69 (below our primary estimate by 22%). Large gaps may signal the dividend doesn't reflect full earning power.

Key Risks

Growth DCF inappropriate — terminal value assumptions dominate
EV/EBITDA misleading for regulated businesses where capex is mandated
Regulatory risk is a fat tail not visible in normal multiples