Haverty Furniture Companies Stock Piotroski F Score

HVT Stock  USD 20.86  0.42  1.97%   
This module uses fundamental data of Haverty Furniture to approximate its Piotroski F score. Haverty Furniture F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Haverty Furniture Companies. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Haverty Furniture financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Haverty Furniture Altman Z Score, Haverty Furniture Correlation, Haverty Furniture Valuation, as well as analyze Haverty Furniture Alpha and Beta and Haverty Furniture Hype Analysis.
  
At this time, Haverty Furniture's Debt To Equity is comparatively stable compared to the past year. Interest Debt Per Share is likely to gain to 14.03 in 2025, whereas Short Term Debt is likely to drop slightly above 26 M in 2025. At this time, Haverty Furniture's ROIC is comparatively stable compared to the past year. Days Of Inventory On Hand is likely to gain to 123.45 in 2025, whereas Days Sales Outstanding is likely to drop 0.76 in 2025.
At this time, it appears that Haverty Furniture's Piotroski F Score is Strong. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
7.0
Piotroski F Score - Strong
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

Haverty Furniture Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Haverty Furniture is to make sure Haverty is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Haverty Furniture's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Haverty Furniture's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.03670.0308
Fairly Up
Pretty Stable
Asset Turnover1.181.1143
Notably Up
Slightly volatile
Gross Profit Margin0.410.6074
Way Down
Slightly volatile
Total Current Liabilities103.4 M131.6 M
Significantly Down
Slightly volatile
Non Current Liabilities Total111.3 M209.6 M
Way Down
Slightly volatile
Total Assets442.4 M648.7 M
Way Down
Slightly volatile
Total Current Assets233.8 M238.9 M
Fairly Down
Slightly volatile
Total Cash From Operating Activities46.1 M58.9 M
Significantly Down
Slightly volatile

Haverty Furniture F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Haverty Furniture's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Haverty Furniture in a much-optimized way.

About Haverty Furniture Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Common Stock Shares Outstanding

17.1 Million

At this time, Haverty Furniture's Common Stock Shares Outstanding is comparatively stable compared to the past year.

Haverty Furniture ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Haverty Furniture's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Haverty Furniture's managers, analysts, and investors.
Environmental
Governance
Social

About Haverty Furniture Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Haverty Furniture Companies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Haverty Furniture using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Haverty Furniture Companies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for Haverty Stock Analysis

When running Haverty Furniture's price analysis, check to measure Haverty Furniture's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Haverty Furniture is operating at the current time. Most of Haverty Furniture's value examination focuses on studying past and present price action to predict the probability of Haverty Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Haverty Furniture's price. Additionally, you may evaluate how the addition of Haverty Furniture to your portfolios can decrease your overall portfolio volatility.