Hooker Furniture Gross Profit vs. Current Valuation
| HOFT Stock | USD 19.11 0.44 2.36% |
Gross Profit | First Reported 1999-01-31 | Previous Quarter 18.3 M | Current Value 20.9 M | Quarterly Volatility 8.4 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.21 | 0.2467 |
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| Operating Profit Margin | 0.0561 | 0.0285 |
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For Hooker Furniture profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hooker Furniture to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hooker Furniture utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hooker Furniture's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hooker Furniture over time as well as its relative position and ranking within its peers.
Hooker |
Is Household Durables 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 Hooker Furniture. If investors know Hooker 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 Hooker Furniture 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 0.575 | Dividend Share 0.91 | Earnings Share 0.14 | Revenue Per Share 38.268 | Quarterly Revenue Growth (0.03) |
The market value of Hooker Furniture is measured differently than its book value, which is the value of Hooker that is recorded on the company's balance sheet. Investors also form their own opinion of Hooker Furniture's value that differs from its market value or its book value, called intrinsic value, which is Hooker Furniture'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 Hooker Furniture's market value can be influenced by many factors that don't directly affect Hooker Furniture'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 Hooker Furniture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hooker Furniture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hooker Furniture'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.
Hooker Furniture Current Valuation vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hooker Furniture's current stock value. Our valuation model uses many indicators to compare Hooker Furniture value to that of its competitors to determine the firm's financial worth. Hooker Furniture is one of the top stocks in gross profit category among its peers. It also is rated as one of the top companies in current valuation category among its peers reporting about 2.48 of Current Valuation per Gross Profit. At this time, Hooker Furniture's Gross Profit is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Hooker Furniture by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Hooker Current Valuation vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Hooker Furniture |
| = | 93.29 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Hooker Furniture |
| = | 230.98 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Hooker Current Valuation vs Competition
Hooker Furniture is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Consumer Discretionary industry is currently estimated at about 4.6 Billion. Hooker Furniture holds roughly 230.98 Million in current valuation claiming about 5% of stocks in Consumer Discretionary industry.
Hooker Furniture Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hooker Furniture, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hooker Furniture will eventually generate negative long term returns. The profitability progress is the general direction of Hooker Furniture's change in net profit over the period of time. It can combine multiple indicators of Hooker Furniture, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 734 K | 770.7 K | |
| Operating Income | 12.4 M | 22.8 M | |
| Income Before Tax | 12.4 M | 15 M | |
| Total Other Income Expense Net | 80 K | 84 K | |
| Net Income | 9.6 M | 9.9 M | |
| Income Tax Expense | 2.6 M | 5.1 M | |
| Net Loss | -3.9 M | -3.7 M | |
| Net Income From Continuing Ops | 9.9 M | 9.8 M | |
| Non Operating Income Net Other | 478.4 K | 453.8 K | |
| Net Interest Income | -1.6 M | -1.7 M | |
| Change To Netincome | 29.8 M | 31.2 M | |
| Net Loss | 0.92 | (0.88) | |
| Income Quality | 5.80 | (6.55) | |
| Net Income Per E B T | 0.79 | 0.72 |
Hooker Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hooker Furniture. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Hooker Furniture position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Hooker Furniture's important profitability drivers and their relationship over time.
Use Hooker Furniture in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hooker Furniture position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hooker Furniture will appreciate offsetting losses from the drop in the long position's value.Hooker Furniture Pair Trading
Hooker Furniture Pair Trading Analysis
The ability to find closely correlated positions to Hooker Furniture could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hooker Furniture when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hooker Furniture - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hooker Furniture to buy it.
The correlation of Hooker Furniture is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hooker Furniture moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hooker Furniture moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hooker Furniture can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Hooker Furniture position
In addition to having Hooker Furniture in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Conservative Funds Thematic Idea Now
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Funds or Etfs that invest using buy-and-hold investment strategy in companies with consistent growth over many years of operation. The Conservative Funds theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Conservative Funds Theme or any other thematic opportunities.
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Additional Tools for Hooker Stock Analysis
When running Hooker Furniture's price analysis, check to measure Hooker Furniture's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hooker Furniture is operating at the current time. Most of Hooker Furniture's value examination focuses on studying past and present price action to predict the probability of Hooker Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hooker Furniture's price. Additionally, you may evaluate how the addition of Hooker Furniture to your portfolios can decrease your overall portfolio volatility.