HNI Corp (HNI) is overvalued and Whirlpool Corp (WHR) is overvalued.
Both trade above our estimate of their intrinsic value. WHR is the closer of the two: -51%, 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 6.4% values the shares at $22.26; the price of $33.56 is 51% above that value, and 85% of that value comes from beyond year five.
Leak Score 0/100 on 3 of 12 signals
| Metric | HNI | WHR |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $47.79 | $33.56 |
| Intrinsic value | $15.01 | $22.26 |
| Margin of safety | -218% | -51% |
| Leak Score | 0/100 (2/12) | 0/100 (3/12) |
| Market cap | $3.4B | $2.2B |
| Revenue growth, 5 years | 7.7% | -4.4% |
| Operating margin | 5.6% | 3.1% |
| Net margin | 0.1% | 1.2% |
| Return on equity | 0.3% | 6.0% |
| Debt to equity | 0.91 | 2.05 |
| P/E | 434.1x | 11.3x |
| Forward P/E | 9.9x | 9.5x |
| P/B | 1.9x | 0.6x |
| Dividend yield | 3.1% | 2.9% |