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HOFT (Hooker Furnishings) Piotroski F-Score : 3 (As of Jul. 10, 2025)


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What is Hooker Furnishings Piotroski F-Score?

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Hooker Furnishings has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for Hooker Furnishings's Piotroski F-Score or its related term are showing as below:

HOFT' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 5   Max: 8
Current: 3

During the past 13 years, the highest Piotroski F-Score of Hooker Furnishings was 8. The lowest was 1. And the median was 5.


Hooker Furnishings Piotroski F-Score Historical Data

The historical data trend for Hooker Furnishings's Piotroski F-Score 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.

Hooker Furnishings Piotroski F-Score Chart

Hooker Furnishings Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 5.00 1.00 8.00 2.00

Hooker Furnishings Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
Piotroski F-Score 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 7.00 7.00 4.00 2.00 3.00

Competitive Comparison of Hooker Furnishings's Piotroski F-Score

For the Furnishings, Fixtures & Appliances subindustry, Hooker Furnishings's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.


Hooker Furnishings's Piotroski F-Score Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hooker Furnishings's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Hooker Furnishings's Piotroski F-Score falls into.


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How is the Piotroski F-Score calculated?

* 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.

This Year (Apr25) TTM:Last Year (Apr24) TTM:
Net Income was -1.951 + -4.131 + -2.333 + -3.052 = $-11.5 Mil.
Cash Flow from Operations was 3.837 + -17.648 + -10.682 + 14.663 = $-9.8 Mil.
Revenue was 95.081 + 104.352 + 104.46 + 85.316 = $389.2 Mil.
Gross Profit was 20.922 + 24.025 + 24.33 + 19.002 = $88.3 Mil.
Average Total Assets from the begining of this year (Apr24)
to the end of this year (Apr25) was
(335.53 + 332.428 + 326.864 + 313.942 + 299.685) / 5 = $321.6898 Mil.
Total Assets at the begining of this year (Apr24) was $335.5 Mil.
Long-Term Debt & Capital Lease Obligation was $61.4 Mil.
Total Current Assets was $128.1 Mil.
Total Current Liabilities was $32.5 Mil.
Net Income was 0.785 + 7.038 + 0.593 + -4.091 = $4.3 Mil.

Revenue was 97.806 + 116.831 + 96.774 + 93.571 = $405.0 Mil.
Gross Profit was 23.341 + 33.71 + 23.735 + 19.221 = $100.0 Mil.
Average Total Assets from the begining of last year (Apr23)
to the end of last year (Apr24) was
(364.068 + 350.115 + 354.498 + 343.586 + 335.53) / 5 = $349.5594 Mil.
Total Assets at the begining of last year (Apr23) was $364.1 Mil.
Long-Term Debt & Capital Lease Obligation was $44.9 Mil.
Total Current Assets was $156.9 Mil.
Total Current Liabilities was $62.9 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Hooker Furnishings's current Net Income (TTM) was -11.5. ==> Negative ==> Score 0.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Hooker Furnishings's current Cash Flow from Operations (TTM) was -9.8. ==> Negative ==> Score 0.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Apr24)
=-11.467/335.53
=-0.03417578

ROA (Last Year)=Net Income/Total Assets (Apr23)
=4.325/364.068
=0.01187965

Hooker Furnishings's return on assets of this year was -0.03417578. Hooker Furnishings's return on assets of last year was 0.01187965. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Hooker Furnishings's current Net Income (TTM) was -11.5. Hooker Furnishings's current Cash Flow from Operations (TTM) was -9.8. ==> -9.8 > -11.5 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Apr25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr24 to Apr25
=61.371/321.6898
=0.19077695

Gearing (Last Year: Apr24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr23 to Apr24
=44.864/349.5594
=0.12834442

Hooker Furnishings's gearing of this year was 0.19077695. Hooker Furnishings's gearing of last year was 0.12834442. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Apr25)=Total Current Assets/Total Current Liabilities
=128.068/32.508
=3.9395841

Current Ratio (Last Year: Apr24)=Total Current Assets/Total Current Liabilities
=156.936/62.912
=2.49453204

Hooker Furnishings's current ratio of this year was 3.9395841. Hooker Furnishings's current ratio of last year was 2.49453204. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Hooker Furnishings's number of shares in issue this year was 10.563. Hooker Furnishings's number of shares in issue last year was 10.496. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=88.279/389.209
=0.22681644

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=100.007/404.982
=0.24694184

Hooker Furnishings's gross margin of this year was 0.22681644. Hooker Furnishings's gross margin of last year was 0.24694184. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Apr24)
=389.209/335.53
=1.15998271

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Apr23)
=404.982/364.068
=1.1123801

Hooker Furnishings's asset turnover of this year was 1.15998271. Hooker Furnishings's asset turnover of last year was 1.1123801. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+0+0+1+0+1+0+0+1
=3

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Hooker Furnishings has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Hooker Furnishings  (NAS:HOFT) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Hooker Furnishings Piotroski F-Score Related Terms

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Hooker Furnishings Business Description

Traded in Other Exchanges
N/A
Address
440 East Commonwealth Boulevard, Martinsville, VA, USA, 24112
Hooker Furnishings Corp is a designer, marketer and importer of casegoods (wooden and metal furniture), leather furniture, fabric-upholstered furniture, lighting, accessories, and home decor for the residential, hospitality and contract markets. It is also domestically manufactured premium residential custom leather, custom fabric-upholstered furniture, and outdoor furniture. The company operates in four segment Hooker Branded segment, Home Meridian segment, Domestic Upholstery segment and All Other.
Executives
Paulette Garafalo director HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BOULEVARD, MARTINSVILLE VA 24112
Tonya Harris Jackson director HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BOULEVARD, MARTINSVILLE VA 24112
Christopher L Henson director 214 N TRYON STREET, CHARLOTTE NC 28202
Maria C Duey director 440 COMMONWEALTH BLVD E, MARTINSVILLE VA 24112
Anne Jacobsen officer: Senior Vice President HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BLVD., MARTINSVILLE VA 24112
Paul A Huckfeldt officer: Chief Financial Officer HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BLVD, MARTINSVILLE VA 24112
Beeler W Christopher Jr director C/O HOOKER FURNITURE CORP, P O BOX 4708, MARTINSVILLE VA 24115
Tod R Phelps officer: Sr. VP - Operations PO BOX 4708, MARTINSVILLE VA 24115
Toms Paul B Jr director, officer: Chief Executive Officer HOOKER FURNITURE CORP, 440 E COMMONWEALTH BLVD, MARTINSVILLE VA 24112
Donald Lee Boone officer: Co-President HMI HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BOULEVARD, MARTINSVILLE VA 24112
Douglas Townsend officer: Co-President HMI HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BOULEVARDM, MARTINSVILLE VA 24112
Williamson Henry G Jr director HOOKER FURNITURE CORPORATION, POB 4708, MARTINSVILLE VA 24112
E Larry Ryder director C/O HOOKER FURNITURE CORP, P O BOX 4708, MARTINSVILLE VA 24115
Michael W Delgatti officer: President HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BLVD., MARTINSVILLE VA 24112
Jeremy R Hoff officer: President HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BOULEVARD, MARTINSVILLE VA 24112