Company Valuation: HNI Corporation

Data adjusted to current consolidation scope
Fiscal Period: January 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,860 1,197 1,940 2,342 3,024 2,876 - -
Change - -35.66% 62.07% 20.74% 29.09% -4.89% - -
Enterprise Value (EV) 1,860 1,197 2,354 2,342 3,024 2,876 2,876 2,876
Change - -35.66% 96.62% -0.48% 29.09% -4.89% 0% 0%
P/E 31.4x 9.84x 38.2x 17x 38.4x 12.6x 8.04x 7.13x
PBR 3.08x 1.96x 2.43x 2.83x 1.13x 1.41x 1.2x -
PEG - 0x -0.6x 0x -0.6x 0x 0.1x 0.6x
Capitalization / Revenue 0.85x 0.51x 0.8x 0.93x 1.07x 0.48x 0.46x 0.43x
EV / Revenue 0x 0x 0x 0x 0x 0.48x 0.46x 0.43x
EV / EBITDA 0x 0x 0x 0x 0x 4.09x 3.69x 3.15x
EV / EBIT 0x 0x 0x 0x 0x 6.18x 5.3x 4.78x
EV / FCF 0x 0x 0x 0x 0x 20.3x 5.3x -
FCF Yield 3.5% 1.75% 9.76% 7.42% 6.96% 4.94% 18.9% -
Dividend per Share 2 1.235 1.27 1.28 - 1.35 1.49 1.49 1.56
Rate of return 2.89% 4.39% 3.07% - 3.17% 3.73% 3.73% 3.9%
EPS 2 1.36 2.94 1.09 2.88 1.11 3.16 4.97 5.6
Distribution rate 90.8% 43.2% 117% - 122% 47.2% 30% 27.9%
Net sales 1 2,184 2,362 2,434 2,526 2,839 5,998 6,239 6,698
EBITDA 1 183.8 212.6 273 325.6 351 703.4 778.7 913.7
EBIT 1 100.7 128.4 178.1 217.8 243.9 465.3 542.9 601.3
Net income 1 59.81 123.9 49.2 139.5 54.2 227.2 356.2 399.6
Net Debt - - 413.6 - - - - -
Reference price 2 42.71 28.94 41.65 49.00 42.58 39.95 39.95 39.95
Nbr of stocks (in thousands) 43,559 41,364 46,579 47,804 71,017 71,993 - -
Announcement Date 2/28/22 2/23/23 2/22/24 2/20/25 2/25/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.64x - - 3.73% 2.88B
20.31x2.46x12.39x1.09% 4.25B
13.08x1.06x5.49x4% 2.75B
9.58x0.61x5.91x4.75% 1.33B
5.14x - - 7.73% 358M
19.52x - - - 287M
Average 13.38x 1.38x 7.93x 4.26% 1.98B
Weighted average by Cap. 15.09x 1.70x 9.07x 3.06%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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