HNI Stock | | | USD 56.27 0.62 1.09% |
This module uses fundamental data of HNI Corp to approximate its Piotroski F score. HNI Corp F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of HNI Corp. 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 HNI Corp financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out
HNI Corp Altman Z Score,
HNI Corp Correlation,
HNI Corp Valuation, as well as analyze
HNI Corp Alpha and Beta and
HNI Corp Hype Analysis.
For more detail on how to invest in HNI Stock please use our
How to Invest in HNI Corp guide.
As of now, HNI Corp's
Net Debt To EBITDA is increasing as compared to previous years. The HNI Corp's current
Interest Debt Per Share is estimated to increase to 6.47, while
Short Term Debt is projected to decrease to under 19
M. As of now, HNI Corp's
Days Sales Outstanding is decreasing as compared to previous years. The HNI Corp's current
Book Value Per Share is estimated to increase to 13.98, while
Free Cash Flow Yield is projected to decrease to 0.01.
At this time, it appears that HNI Corp's Piotroski F Score is Healthy. 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..
5.0
Piotroski F Score - Healthy
| Current Return On Assets | Positive | Focus |
| Change in Return on Assets | Decreased | Focus |
| Cash Flow Return on Assets | Positive | Focus |
| Current Quality of Earnings (accrual) | Decreasing | Focus |
| Asset Turnover Growth | Increase | Focus |
| Current Ratio Change | Increase | Focus |
| Long Term Debt Over Assets Change | Higher Leverage | Focus |
| Change In Outstending Shares | Decrease | Focus |
| Change in Gross Margin | No Change | Focus |
HNI Corp Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to HNI Corp is to make sure HNI is not a subject of accounting manipulations and runs a healthy internal audit department. So, if HNI Corp'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 HNI Corp's financial numbers are properly reported.
HNI Corp 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 HNI Corp's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards HNI Corp in a much-optimized way.
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About HNI Corp 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.
HNI Corp 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, HNI Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to HNI Corp's managers, analysts, and investors.
About HNI Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze HNI Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of HNI Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of HNI Corp 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.
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When determining whether HNI Corp
offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HNI Corp's
financial statements, including income statements, balance sheets, and cash flow statements, to assess its
financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hni Corp Stock.
Outlined below are crucial reports that will aid in making a well-informed decision on Hni Corp Stock: Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost
the valuation of HNI Corp. If investors know HNI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HNI Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth | Dividend Share | Earnings Share | Revenue Per Share | Quarterly Revenue Growth |
The market value of HNI Corp is measured differently than its book value, which is the value of HNI that is recorded on the company's balance sheet. Investors also form their own opinion of HNI Corp's value that differs from its market value or its book value, called intrinsic value, which is HNI Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HNI Corp's market value can be influenced by many factors that don't directly affect HNI Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between HNI Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine
if HNI Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HNI Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.