Designs and manufactures residential household furniture. Imports and markets furniture for hospitality and contract sectors. Now — the numbers.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
An average decline of 15% a year over the last 4 years — the most striking risk in this picture. Red columns mark years that ended in a loss.
Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.
This company is not turning a profit, so the market is pricing its sales instead: 0.5× for every dollar of annual revenue.
Against companies in its own sector, it looks cheaper than 69% of them.
No analyst target is on record for this company.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Clearly below the class average.
A solid grade overall — yet the debt outweighs the cash. The strength here comes from earnings power.
Clearly above the class average — a step short of the very top.
Clearly below the class average.
The price is looking for direction — no strong breakout, no collapse.
Growth: Sales growth trails the sector average.
Business Quality: Profit power and business quality trail similar companies in the sector.
The stock trades 54% below its peak. The market has trimmed its expectations for the company.
Over the last 12 months, company executives reported 16 buys and 10 sells. Management buying with its own money is usually read as a good sign.
It pays out $0.58 per share each year — regular cash for whoever holds the stock.
A loss of $27.0M against $305.2M in annual sales. And on top of that, sales fell from the year before.
At the current pace of spending, the cash lasts less than a year. After that, the company needs to find new money.
On our five-subject report card, HOFT sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: HOFT’s sales are going backwards, and it closed last year at a loss. The road back runs through both.
Not covered, because the filings we hold do not carry it: the revenue breakdown.