WallStSmart

HNI Corp (HNI)vsLeggett & Platt Incorporated (LEG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Leggett & Platt Incorporated generates 10% more annual revenue ($3.95B vs $3.59B). LEG leads profitability with a 5.7% profit margin vs 0.0%. HNI appears more attractively valued with a PEG of 0.41. HNI earns a higher WallStSmart Score of 59/100 (C).

HNI

Buy

59

out of 100

Grade: C

Growth: 6.0Profit: 4.5Value: 5.3Quality: 4.5
Piotroski: 3/9Altman Z: 1.26

LEG

Buy

54

out of 100

Grade: C-

Growth: 2.0Profit: 6.5Value: 7.3Quality: 6.5
Piotroski: 5/9Altman Z: 2.96
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

HNIOvervalued (-11.7%)

Margin of Safety

-11.7%

Fair Value

$46.32

Current Price

$31.14

$15.18 premium

UndervaluedFair: $46.32Overvalued
LEGUndervalued (+47.2%)

Margin of Safety

+47.2%

Fair Value

$23.47

Current Price

$10.91

$12.56 discount

UndervaluedFair: $23.47Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

HNI3 strengths · Avg: 10.0/10
PEG RatioValuation
0.4110/10

Growing faster than its price suggests

Price/BookValuation
1.3x10/10

Reasonable price relative to book value

Revenue GrowthGrowth
124.7%10/10

Revenue surging 124.7% year-over-year

LEG3 strengths · Avg: 9.7/10
P/E RatioValuation
6.6x10/10

Attractively priced relative to earnings

Price/BookValuation
1.4x10/10

Reasonable price relative to book value

Return on EquityProfitability
25.2%9/10

Every $100 of equity generates 25 in profit

Areas to Watch

HNI4 concerns · Avg: 3.0/10
Return on EquityProfitability
0.1%3/10

ROE of 0.1% — below average capital efficiency

Profit MarginProfitability
0.0%3/10

0.0% margin — thin

Operating MarginProfitability
1.4%3/10

Operating margin of 1.4%

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

LEG4 concerns · Avg: 2.8/10
Market CapQuality
$1.45B3/10

Smaller company, higher risk/reward

Profit MarginProfitability
5.7%3/10

5.7% margin — thin

Debt/EquityHealth
1.593/10

Elevated debt levels

PEG RatioValuation
2.962/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : HNI

The strongest argument for HNI centers on PEG Ratio, Price/Book, Revenue Growth. Revenue growth of 124.7% demonstrates continued momentum. PEG of 0.41 suggests the stock is reasonably priced for its growth.

Bull Case : LEG

The strongest argument for LEG centers on P/E Ratio, Price/Book, Return on Equity.

Bear Case : HNI

The primary concerns for HNI are Return on Equity, Profit Margin, Operating Margin. A P/E of 122.6x leaves little room for execution misses. Thin 0.0% margins leave little buffer for downturns.

Bear Case : LEG

The primary concerns for LEG are Market Cap, Profit Margin, Debt/Equity. Debt-to-equity of 1.59 is elevated, increasing financial risk.

Key Dynamics to Monitor

HNI profiles as a hypergrowth stock while LEG is a value play — different risk/reward profiles.

HNI carries more volatility with a beta of 0.95 — expect wider price swings.

HNI is growing revenue faster at 124.7% — sustainability is the question.

LEG generates stronger free cash flow (-80M), providing more financial flexibility.

Bottom Line

HNI scores higher overall (59/100 vs 54/100) and 124.7% revenue growth. LEG offers better value entry with a 47.2% margin of safety. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

HNI Corp

CONSUMER CYCLICAL · FURNISHINGS, FIXTURES & APPLIANCES · USA

HNI Corporation manufactures and sells workplace furniture and residential construction products in the United States, Canada, China, Hong Kong, India, Mexico, Dubai, Taiwan, and Singapore. The company is headquartered in Muscatine, Iowa.

Leggett & Platt Incorporated

CONSUMER CYCLICAL · FURNISHINGS, FIXTURES & APPLIANCES · USA

Leggett & Platt (L&P), based in Carthage, Missouri, is a diversified manufacturer that designs and produces various engineered components and products.

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