Published on 5 Mar 2024 on Simply Wall St. via Yahoo Finance
Are Investors Undervaluing Hooker Furnishings Corporation (NASDAQ:HOFT) By 32%?
Key Insights
Hooker Furnishings' estimated fair value is US$35.62 based on 2 Stage Free Cash Flow to EquityHooker Furnishings is estimated to be 32% undervalued based on current share price of US$24.07
Does the March share price for Hooker Furnishings Corporation (NASDAQ:HOFT) reflect what it's really worth? Today, we will estimate the stock's intrinsic value by taking the forecast future cash flows of the company and discounting them back to today's value. This will be done using the Discounted Cash Flow (DCF) model. Don't get put off by the jargon, the math behind it is actually quite straightforward.