Hooker Furnishings Corporation

HOFT

Consumer CyclicalFurnishings, Fixtures & AppliancesNASDAQ

$13.31

Market Cap: $143.48M

Hooker Furnishings Corporation (HOFT) Valuation Summary

Updated May 11, 2026 05:29

Model	Range	Fair Value	Upside
▸ Discounted Cash Flow
Revenue DCF 5Y	$0.72 – $69.35	$14.30	+7.5%
Revenue DCF 10Y	$2.66 – $35.62	$4.72	-64.5%
▸ Trading Multiples
EV/Revenue	$13.87 – $30.42	$22.03	+65.5%

Valuation History

DCF Analysis

Hooker Furnishings Corporation (HOFT) Revenue DCF (5Y)

REVENUE DCF FAIR VALUE

$4.72

Market Price

$13.31

Upside / Downside

-64.5%

Verdict

Overvalued

Using a Revenue DCF model with operating margin convergence from -7.8% to a target of 7.7% over 5 years, discounted at a WACC of 7.5%, Hooker Furnishings Corporation (HOFT) has an intrinsic value of $4.72 per share (range: $2.66 – $35.62).

Key Assumptions

Current Operating Margin

-7.8%

Target Operating Margin

7.7%

WACC

7.5%

Terminal Growth Rate

3.0%

Historical CapEx/Rev

1.1%

Target CapEx/Rev

6.0%

D&A/Revenue

1.9%

Tax Rate

21.6%

Operating margin fades linearly from the current level to the industry target over the 5-year projection. CapEx intensity fades from the historical average to a maintenance level (D&A × 1.5). Tax is only applied when operating income is positive (NOL shield).

Margin Convergence Projection

USD in millions. Mid-year discounting convention.

Year	Revenue	Growth	Op Margin	Op Income	NOPAT	D&A	CapEx	ΔNWC	FCFF	PV(FCFF)
2027	303	-0.8%	-4.7%	-14	-14	6	(5)	-2	-11	-10
2028	333	10.1%	-1.6%	-5	-5	6	(7)	7	-13	-12
2029	300	-10.0%	1.5%	5	4	6	(8)	-8	10	8
2030	270	-10.0%	4.6%	12	10	5	(8)	-7	14	11
2031	243	-10.0%	7.7%	19	15	5	(9)	-7	17	13
2032	219	-10.0%	7.7%	17	13	4	(9)	-6	14	10
2033	199	-9.2%	7.7%	15	12	4	(9)	-5	12	7
2034	186	-6.2%	7.7%	14	11	4	(9)	-3	8	5
2035	181	-3.1%	7.7%	14	11	3	(10)	-1	6	3
2036	180	-0.1%	7.7%	14	11	3	(11)	-0	4	2

Enterprise Value Bridge

Sum of PV(FCFF)36

Terminal Value (Gordon Growth at 3.0%)82

PV of Terminal Value41

Enterprise Value78

(–) Net Debt27

Equity Value51

(÷) Shares Outstanding11

Fair Value per Share$4.72

Sensitivity Analysis — WACC × Target Operating Margin

WACC \ Target Op. Margin	1.7%	4.7%	7.7%	10.7%	13.7%
5.5%	$-5	$-2	$10	$23	$36
6.5%	$-5	$-2	$7	$16	$25
7.5%	$-5	$-2	$5	$12	$20
8.5%	$-5	$-2	$4	$10	$16
9.5%	$-5	$-2	$3	$8	$13

Current price: $13.31. Green = undervalued, Red = overvalued.

Working Capital Assumption

Net Working Capital is modeled at 24.2% of revenue (historical average of receivables + inventory − payables). Changes in NWC (ΔNWC) are computed year-over-year and subtracted from free cash flow.

Hooker Furnishings Corporation (HOFT) Revenue DCF (5Y)

REVENUE DCF FAIR VALUE

$14.30

Market Price

$13.31

Upside / Downside

+7.5%

Verdict

Undervalued

Key Assumptions

Current Operating Margin

-7.8%

Target Operating Margin

7.7%

WACC

7.5%

Terminal Growth Rate

3.0%

Historical CapEx/Rev

1.1%

Target CapEx/Rev

6.0%

D&A/Revenue

1.9%

Tax Rate

21.6%

Margin Convergence Projection

USD in millions. Mid-year discounting convention.

Year	Revenue	Growth	Op Margin	Op Income	NOPAT	D&A	CapEx	ΔNWC	FCFF	PV(FCFF)
2027	303	-0.8%	-4.7%	-14	-14	6	(6)	-2	-12	-12
2028	333	10.1%	-1.6%	-5	-5	6	(10)	7	-16	-15
2029	300	-10.0%	1.5%	5	4	6	(12)	-8	5	4
2030	270	-10.0%	4.6%	12	10	5	(14)	-7	9	7
2031	243	-10.0%	7.7%	19	15	5	(15)	-7	11	8

Enterprise Value Bridge

Sum of PV(FCFF)-7

Terminal Value (Gordon Growth at 3.0%)260

PV of Terminal Value188

Enterprise Value180

(–) Net Debt27

Equity Value153

(÷) Shares Outstanding11

Fair Value per Share$14.30

Sensitivity Analysis — WACC × Target Operating Margin

WACC \ Target Op. Margin	1.7%	4.7%	7.7%	10.7%	13.7%
5.5%	$-7	$12	$31	$50	$69
6.5%	$-7	$7	$20	$34	$47
7.5%	$-6	$4	$14	$25	$35
8.5%	$-6	$2	$10	$19	$27
9.5%	$-6	$1	$8	$15	$22

Current price: $13.31. Green = undervalued, Red = overvalued.

Working Capital Assumption

Net Working Capital is modeled at 24.2% of revenue (historical average of receivables + inventory − payables). Changes in NWC (ΔNWC) are computed year-over-year and subtracted from free cash flow.

Trading Multiples

Fair Value

$22.03

Market Price

$13.31

Upside / Downside

+65.5%

Verdict

Undervalued

Using the industry peer median EV/Revenue multiple (trailing + forward), Hooker Furnishings Corporation (HOFT) has a fair value of $22.03 based on 9 comparable companies in the Furnishings, Fixtures & Appliances industry.

EV/Revenue Valuation — Furnishings, Fixtures & Appliances

USD in millions except Fair Price. Subject company highlighted.

	Mkt Cap ($M)	Trailing EV/Revenue	Forward EV/Revenue
Hooker Furnishings CorporationHOFT	143	0.6x	0.4x
1stdibs.Com, Inc.DIBS	156	1.7x	1.8x
Lifetime Brands, Inc.LCUT	134	0.6x	0.6x
Full House Resorts, Inc.FLL	107	2.0x	2.1x
Virco Mfg. CorporationVIRC	97	0.6x	0.4x
Unifi, Inc.UFI	75	0.3x	0.3x
The ONE Group Hospitality, Inc.STKS	60	0.9x	0.9x
Purple Innovation, Inc.PRPL	56	0.5x	0.5x
Northann Corp.NCL	14	1.2x	—
GreenPower Motor Company Inc.GP	3	1.2x	0.6x
Industry Median		0.9x	0.6x
(*) Revenue		305	436
= Enterprise Value		268	259
(-) Net Debt		27	27
Equity Value		241	232
(/) Outstanding shares		11	11
Fair Price		$22	$22

Selected Fair Value (avg of trailing + forward)

$22.03

+65.5%

Disclaimer: Sweet Value Lab provides estimated intrinsic values for informational purposes only. This is not financial advice. All models rely on assumptions that may not reflect future performance. Always do your own research before making investment decisions.

Model

Range

Fair Value

Upside

▸ Discounted Cash Flow

Revenue DCF 5Y

$0.72 – $69.35

$14.30

+7.5%

Revenue DCF 10Y

$2.66 – $35.62

$4.72

-64.5%

▸ Trading Multiples

EV/Revenue

$13.87 – $30.42

$22.03

+65.5%

DCF Analysis

Hooker Furnishings Corporation (HOFT) Revenue DCF (5Y)

REVENUE DCF FAIR VALUE

$4.72

Market Price

$13.31

Upside / Downside

-64.5%

Verdict

Overvalued

Key Assumptions

Current Operating Margin

-7.8%

Target Operating Margin

7.7%

WACC

7.5%

Terminal Growth Rate

3.0%

Historical CapEx/Rev

1.1%

Target CapEx/Rev

6.0%

D&A/Revenue

1.9%

Tax Rate

21.6%

Margin Convergence Projection

USD in millions. Mid-year discounting convention.

Year	Revenue	Growth	Op Margin	Op Income	NOPAT	D&A	CapEx	ΔNWC	FCFF	PV(FCFF)
2027	303	-0.8%	-4.7%	-14	-14	6	(5)	-2	-11	-10
2028	333	10.1%	-1.6%	-5	-5	6	(7)	7	-13	-12
2029	300	-10.0%	1.5%	5	4	6	(8)	-8	10	8
2030	270	-10.0%	4.6%	12	10	5	(8)	-7	14	11
2031	243	-10.0%	7.7%	19	15	5	(9)	-7	17	13
2032	219	-10.0%	7.7%	17	13	4	(9)	-6	14	10
2033	199	-9.2%	7.7%	15	12	4	(9)	-5	12	7
2034	186	-6.2%	7.7%	14	11	4	(9)	-3	8	5
2035	181	-3.1%	7.7%	14	11	3	(10)	-1	6	3
2036	180	-0.1%	7.7%	14	11	3	(11)	-0	4	2

Enterprise Value Bridge

Sum of PV(FCFF)36

Terminal Value (Gordon Growth at 3.0%)82

PV of Terminal Value41

Enterprise Value78

(–) Net Debt27

Equity Value51

(÷) Shares Outstanding11

Fair Value per Share$4.72

Sensitivity Analysis — WACC × Target Operating Margin

WACC \ Target Op. Margin	1.7%	4.7%	7.7%	10.7%	13.7%
5.5%	$-5	$-2	$10	$23	$36
6.5%	$-5	$-2	$7	$16	$25
7.5%	$-5	$-2	$5	$12	$20
8.5%	$-5	$-2	$4	$10	$16
9.5%	$-5	$-2	$3	$8	$13

Current price: $13.31. Green = undervalued, Red = overvalued.

Working Capital Assumption

Net Working Capital is modeled at 24.2% of revenue (historical average of receivables + inventory − payables). Changes in NWC (ΔNWC) are computed year-over-year and subtracted from free cash flow.

Trading Multiples

Fair Value

$22.03

Market Price

$13.31

Upside / Downside

+65.5%

Verdict

Undervalued

EV/Revenue Valuation — Furnishings, Fixtures & Appliances

USD in millions except Fair Price. Subject company highlighted.

	Mkt Cap ($M)	Trailing EV/Revenue	Forward EV/Revenue
Hooker Furnishings CorporationHOFT	143	0.6x	0.4x
1stdibs.Com, Inc.DIBS	156	1.7x	1.8x
Lifetime Brands, Inc.LCUT	134	0.6x	0.6x
Full House Resorts, Inc.FLL	107	2.0x	2.1x
Virco Mfg. CorporationVIRC	97	0.6x	0.4x
Unifi, Inc.UFI	75	0.3x	0.3x
The ONE Group Hospitality, Inc.STKS	60	0.9x	0.9x
Purple Innovation, Inc.PRPL	56	0.5x	0.5x
Northann Corp.NCL	14	1.2x	—
GreenPower Motor Company Inc.GP	3	1.2x	0.6x
Industry Median		0.9x	0.6x
(*) Revenue		305	436
= Enterprise Value		268	259
(-) Net Debt		27	27
Equity Value		241	232
(/) Outstanding shares		11	11
Fair Price		$22	$22

Selected Fair Value (avg of trailing + forward)

$22.03

+65.5%