HVT - Haverty Furniture Companies, Inc.
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$42.00
DETAILS
HIGH:
$42.00
LOW:
$42.00
MEDIAN:
$42.00
CONSENSUS:
$42.00
UPSIDE:
87.92%
AlphaVal
Deterministic, archetype-aware fair value
Stable Earnings Power
40% confidence
Primary model: P/Adj-EPS × Normalized Multiple
Adjust Assumptions
16.0x
3.36$
Key Value Driver
Normalized P/E multiple (16x base case)
Implied Market Multiple
6.7x
Plain-Language Summary
Our base-case estimate uses a valuation based on adjusted earnings per share and a normalized price-to-earnings multiple. We then blend that result with the average analyst price target of $42.00 from 6 analysts, using a 20% weight on analyst consensus. That produces an estimated intrinsic value of $51.41 per share.
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 110% 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