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HNI (HNI) Enterprise Value : $2,696 Mil (As of Jun. 07, 2024)


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What is HNI Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, HNI's Enterprise Value is $2,696 Mil. HNI's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $114 Mil. Therefore, HNI's EV-to-EBIT ratio for today is 23.73.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, HNI's Enterprise Value is $2,696 Mil. HNI's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $215 Mil. Therefore, HNI's EV-to-EBITDA ratio for today is 12.55.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, HNI's Enterprise Value is $2,696 Mil. HNI's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $2,543 Mil. Therefore, HNI's EV-to-Revenue ratio for today is 1.06.


HNI Enterprise Value Historical Data

The historical data trend for HNI's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

HNI Enterprise Value Chart

HNI Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,800.59 1,616.20 2,011.77 1,458.60 2,505.63

HNI Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,455.11 2,028.87 2,237.24 2,505.63 2,715.62

Competitive Comparison of HNI's Enterprise Value

For the Business Equipment & Supplies subindustry, HNI's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HNI's Enterprise Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, HNI's Enterprise Value distribution charts can be found below:

* The bar in red indicates where HNI's Enterprise Value falls into.



HNI Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

HNI's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

HNI's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


HNI  (NYSE:HNI) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

HNI's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2695.925/113.6
=23.73

HNI's current Enterprise Value is $2,696 Mil.
HNI's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $114 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

HNI's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2695.925/214.8
=12.55

HNI's current Enterprise Value is $2,696 Mil.
HNI's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $215 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

HNI's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2695.925/2542.9
=1.06

HNI's current Enterprise Value is $2,696 Mil.
HNI's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,543 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


HNI Enterprise Value Related Terms

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HNI (HNI) Business Description

Traded in Other Exchanges
Address
600 East Second Street, P.O. Box 1109, Muscatine, IA, USA, 52761-0071
HNI Corp is a provider of office furniture and hearth products. The company generates the bulk of its revenue from its workplace furnishing, which consists of panel-based and freestanding furniture systems, seating, storage, tables, and architectural products. These products are sold primarily through a national system of dealers, wholesalers, and office product distributors but also directly to end-user customers and federal, state, and local governments. Residential building products include a full array of gas, wood, electric, and pellet-fueled fireplaces, inserts, stoves, facings, and accessories. The company has operations in the United States, Canada, Mainland China, Hong Kong, India, Mexico, and Taiwan.
Executives
Steven M Bradford officer: Sr. VP, Gen. Counsel & Sec. 408 EAST SECOND STREET, MUSCATINE IA 52761
Jeffrey D Lorenger officer: VP, Gen. Counsel and Secretary 408 EAST SECOND STREET, PO BOX 1109, MUSCATINE IA 52761
Vincent P Berger officer: President, Hearth & Home Tech 7571 215TH STREET WEST, LAKEVILLE MN 55044
Marshall H Bridges officer: VP and Chief Financial Officer 408 EAST SECOND STREET, MUSCATINE IA 52761
Michael J. Roch officer: CCO, WP & Health, Kimball Intl C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546
Gregory A Meunier officer: Ex VP GL Ops, Kimball Intl 1600 ROYAL ST, JASPER IN 47546
Kourtney L Smith officer: COO, Kimball International 1600 ROYAL STREET, JASPER IN 47549
Larry B Porcellato director ICI PAINTS, 15885 SPRAGUE ROAD, CLEVELAND OH 44136
Patrick D Hallinan director FORTUNE BRANDS HOME & SECURITY, INC., 520 LAKE COOK ROAD, DEERFIELD IL 60015
Radhakrishna S Rao officer: Chief Info and Digital Officer 600 EAST SECOND STREET, MUSCTAINE IA 52761
Ronald V Waters director 75 EAST ELM STREET, CHICAGO IL 60611
Miguel M Calado director 3600 AMHERST, UNIVERSITY PARK, DALLAS TX 75225
Kurt A Tjaden officer: SVP HNI; President HNI Intl 408 EAST SECOND STREET, MUSCATINE IA 52761
Jason Dean Hagedorn officer: President, Allsteel Inc. 600 EAST SECOND STREET, MUSCATINE IA 52761
Donna D Meade officer: VP, Member Relations 408 EAST SECOND STREET, MUSCATINE IA 52761