HNI Corp (HNI) is overvalued and Somnigroup International Inc (SGI) is overvalued.
Both trade above our estimate of their intrinsic value. SGI is the closer of the two: -71%, against -218% for HNI.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 8.3% (average of 3 methods) values the shares at $15.01; the price of $47.79 is 218% above that value, and 79% of that value comes from beyond year five.
Leak Score 0/100 on 2 of 12 signals
Discounting its cash flows at 9.2% (average of 3 methods) values the shares at $37.84; the price of $64.73 is 71% above that value, and 76% of that value comes from beyond year five.
Leak Score 14/100 on 3 of 12 signals
| Metric | HNI | SGI |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $47.79 | $64.73 |
| Intrinsic value | $15.01 | $37.84 |
| Margin of safety | -218% | -71% |
| Leak Score | 0/100 (2/12) | 14/100 (3/12) |
| Market cap | $3.4B | $14.9B |
| Revenue growth, 5 years | 7.7% | 8.7% |
| Operating margin | 5.6% | 13.5% |
| Net margin | 0.1% | 7.0% |
| Return on equity | 0.3% | 17.6% |
| Debt to equity | 0.91 | 1.99 |
| P/E | 434.1x | 25.8x |
| Forward P/E | 9.9x | 16.8x |
| P/B | 1.9x | 4.2x |
| Dividend yield | 3.1% | 1.1% |