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 3,554 - -
Change - -35.66% 62.07% 20.74% 29.09% 17.54% - -
Enterprise Value (EV) 1,860 1,197 2,354 2,342 3,024 3,554 3,554 3,554
Change - -35.66% 96.62% -0.48% 29.09% 17.54% 0% 0%
P/E 31.4x 9.84x 38.2x 17x 38.4x 17.6x 9.98x 8.79x
PBR 3.08x 1.96x 2.43x 2.83x 1.13x 1.78x 1.52x -
PEG - 0x -0.6x 0x -0.6x 0x 0.1x 0.7x
Capitalization / Revenue 0.85x 0.51x 0.8x 0.93x 1.07x 0.59x 0.57x 0.53x
EV / Revenue 0x 0x 0x 0x 0x 0.59x 0.57x 0.53x
EV / EBITDA 0x 0x 0x 0x 0x 5.11x 4.77x 4.04x
EV / EBIT 0x 0x 0x 0x 0x 7.33x 6.52x 5.82x
EV / FCF 0x 0x 0x 0x 0x 34.9x 7.1x -
FCF Yield 3.5% 1.75% 9.76% 7.42% 6.96% 2.86% 14.1% -
Dividend per Share 2 1.235 1.27 1.28 - 1.35 1.42 1.49 1.56
Rate of return 2.89% 4.39% 3.07% - 3.17% 2.88% 3.03% 3.17%
EPS 2 1.36 2.94 1.09 2.88 1.11 2.805 4.935 5.6
Distribution rate 90.8% 43.2% 117% - 122% 50.6% 30.2% 27.9%
Net sales 1 2,184 2,362 2,434 2,526 2,839 5,985 6,204 6,705
EBITDA 1 183.8 212.6 273 325.6 351 695.7 744.4 880.2
EBIT 1 100.7 128.4 178.1 217.8 243.9 484.7 545 610.7
Net income 1 59.81 123.9 49.2 139.5 54.2 202.6 355.6 401.8
Net Debt - - 413.6 - - - - -
Reference price 2 42.71 28.94 41.65 49.00 42.58 49.24 49.24 49.24
Nbr of stocks (in thousands) 43,559 41,364 46,579 47,804 71,017 72,182 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
17.55x - - 2.88% 3.55B
21.42x2.6x13.1x1.03% 4.48B
14.14x1.2x6.04x3.6% 3.15B
9.81x0.62x5.87x4.64% 1.38B
5.84x - - 6.94% 399M
16.94x - - 0.28% 276M
Average 14.28x 1.47x 8.34x 3.23% 2.21B
Weighted average by Cap. 16.88x 1.81x 9.53x 2.68%

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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