Flexsteel Industries, Inc. (FLXS) vs Hooker Furnishings Corp. (HOFT)

Flexsteel Industries, Inc. and Hooker Furnishings Corp. are both Furnishings Fixtures & Appliances companies. Flexsteel Industries, Inc. is the larger, with a market value of $361.6M against $140.2M — 2.6× the size. Hooker Furnishings Corp. has negative trailing earnings, so its P/E is not meaningful; Flexsteel Industries, Inc. trades at 13.4×. Flexsteel Industries, Inc. grew revenue faster over the last twelve months: 4.10% against 0.48%. Flexsteel Industries, Inc. has the higher net margin (7.21% vs −6.62%) and the higher return on invested capital (22.8% vs −5.25%). Both pay a dividend; Hooker Furnishings Corp. yields more (3.75% vs 1.85%). Across the 20 metrics below, Flexsteel Industries, Inc. leads on 12 and Hooker Furnishings Corp. on 8.

Valuation

Metric FLXS HOFT Furnishings Fixtures & Appliances median
P/E 13.45 n/m 14.03
P/S 1.00 0.52 0.52
P/B 3.43 0.83 1.06
Price to free cash flow 9.61 7.48 9.86
EV/EBITDA 9.74 n/m 7.67
EV/Sales 0.98 0.50 0.67
Earnings yield 7.44% (12.74%) 3.50%
Free cash flow yield 10.40% 13.36% 7.55%

Profitability

Metric FLXS HOFT Furnishings Fixtures & Appliances median
Gross margin 24.70% 29.22% 37.53%
Operating margin 9.27% (4.66%) 2.03%
Net margin 7.21% (6.62%) 1.65%
Free cash flow margin 10.37% 6.94% 3.92%
Return on equity 21.99% (9.90%) 5.51%
Return on assets 12.35% (7.13%) 1.69%
Return on invested capital 22.77% (5.25%) 3.55%

Growth

Metric FLXS HOFT Furnishings Fixtures & Appliances median
Revenue growth (TTM) 4.10% 0.48% 1.14%
EPS growth (last fiscal year) 70.99% (113.45%) —
Revenue growth, 5-year CAGR (0.84%) (14.07%) 0.64%
Net income growth, 5-year CAGR 7.53% 0.00% 0.00%

Health

Metric FLXS HOFT Furnishings Fixtures & Appliances median
Debt to equity 0.00 0.00 0.17
Current ratio 2.09 3.03 1.97
Net debt to EBITDA (0.36) (0.22) 0.06

Dividend

Metric FLXS HOFT Furnishings Fixtures & Appliances median
Dividend yield 1.85% 3.75% 2.20%
Payout ratio 0.22 0.99 0.09

Size

Metric FLXS HOFT Furnishings Fixtures & Appliances median
Market cap 361.59m 140.17m 212.02m

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