$22.73
-0.50%Haverty Furniture Companies, Inc. operates as a specialty retailer of residential furniture and accessories in the United States. The company offers furniture merchandise under the Havertys brand name. It also provides custom upholstery products and eclectic looks; and mattress product lines under the Sealy, Stearns and Foster, Tempur-Pedic, and Serta names, as well as private label Skye name. The company sells home furnishings through its retail stores, as well as through its Website. As of December 31, 2021, it operated 121 showrooms in 16 states in the Southern and Midwestern regions. Haverty Furniture Companies, Inc. was founded in 1885 and is headquartered in Atlanta, Georgia.
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Base year metrics used for projections
Forecast period and terminal assumptions
Calculation flow from present value to intrinsic value per share
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $64.7M | $79.6M | $97.8M | $120.3M | $147.9M | $181.9M | $223.6M | $274.9M | $338.0M | $415.6M |
| Maintenance CapEx | -$4.8M | -$5.9M | -$7.3M | -$9.0M | -$11.1M | -$13.6M | -$16.7M | -$20.5M | -$25.3M | -$31.1M |
| Owner Earnings | $59.9M | $73.6M | $90.5M | $111.3M | $136.9M | $168.3M | $206.9M | $254.4M | $312.8M | $384.6M |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $55.5M | $63.1M | $71.9M | $81.8M | $93.1M | $106.0M | $120.7M | $137.4M | $156.5M | $178.1M |
Snapshot
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Value Model
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Statements
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Earnings Call
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Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
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