Haverty Furniture Companies, Inc. logo HVT - Haverty Furniture Companies, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 3
HOLD 3
SELL 0
STRONG
SELL
0
| PRICE TARGET: $42.00 DETAILS
HIGH: $42.00
LOW: $42.00
MEDIAN: $42.00
CONSENSUS: $42.00
UPSIDE: 53.51%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 40% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Undervalued Strong
Trading 49.1% below fair value
Current Price $27.36
Bear Case $47.04 71.9% upside ($47.04 - $27.36) / $27.36 = 71.9% $3.36 × 14x P/E
Fair Value $53.76 96.5% upside ($53.76 - $27.36) / $27.36 = 96.5% $3.36 × 16x P/E
Bull Case $60.48 121.1% upside ($60.48 - $27.36) / $27.36 = 121.1% $3.36 × 18x P/E

Adjust Assumptions

16.0x
3.36$

Key Value Driver

Normalized P/E multiple (16x base case)

Implied Market Multiple 8.1x

Plain-Language Summary

Applying a 16x P/E to adjusted EPS of $3.36, the base-case value is $53.76 per share.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (6 analysts) $42.00
Analyst Range $42.00 – $42.00
Divergence from AlphaVal 28%

Warnings

The company's reported profits differ from official accounting profits by 182%. Check what costs are being left out of the adjusted number.
The company pays out 111% of its profits as dividends. That leaves little cushion — the dividend could be cut if business slows down.
Wall Street's average price target is $42.00 (from 6 analysts). Our estimate is 28% above the consensus -- consider that gap carefully.

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