FLXS vs HNI

Flexsteel Industries, Inc. vs HNI Corporation — Valuation Comparison 2026

By CirclFi Research Team · Updated 2026-06-03 · Data from SEC EDGAR, FRED & GDELT

Quick Summary — FLXS scores higher on quality with 9.1/10 vs HNI's 7.8/10. FLXS trades at $59.19 while HNI trades at $30.75. Both analyzed daily using SEC EDGAR data across 13 institutional models.

FLXS

Furnishings, Fixtures & Appliances
Flexsteel Industries, Inc.
Quality
9.1
out of 10
Value Trap
12
SAFE
Price
$59.19
Last close
Models
12/13
Active
VS

HNI

Furnishings, Fixtures & Appliances
HNI Corporation
Quality
7.8
out of 10
Value Trap
24
SAFE
Price
$30.75
Last close
Models
12/13
Active
FLXS
Quality Score 9.1/10 — top tier
Limited to 2/13 visible models
HNI
2 models active
Limited to 2/13 visible models

FLXS vs HNI — Fair Value Comparison

FLXS
$0$23$47$70 Price$59.19 Bayesian …$53.20 (-10.1%) Earnings …$45.98 (-22.3%)
HNI
$0$12$24$36 Price$30.75 Bayesian …$10.58 (-65.5%) Earnings …$3.36 (-89.1%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType FLXS Fair ValueFLXS Upside HNI Fair ValueHNI Upside
Bayesian DCF Intrinsic $53.20 -10.1% $10.58 -65.5%
Earnings Power Value Intrinsic $45.98 -22.3% $3.36 -89.1%
EROIC Spread Intrinsic $•••.•• ••.•% $•••.•• ••.•%
First Chicago Scenario $•••.•• ••.•% $•••.•• ••.•%
Markov DDM Intrinsic $•••.•• ••.•% $•••.•• ••.•%
ML-RIV Intrinsic $•••.•• ••.•% $•••.•• ••.•%
Dynamic NAV Asset-Based $•••.•• ••.•% $•••.•• ••.•%
PWERM Option-Based $•••.•• ••.•% $•••.•• ••.•%
Regime Cross-Sectional Relative $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%
FTNN Topology Relative $•••.•• ••.•% $•••.•• ••.•%
RCMH-DCF Intrinsic $•••.•• ••.•% $•••.•• ••.•%

FLXS vs HNI — Which Stock Is More Undervalued in 2026?

FLXS scores higher with a 9.1/10 quality rating vs HNI's 7.8/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do FLXS and HNI Valuations Compare?

At $59.19, FLXS trades +10.1% above its Bayesian DCF fair value of $53.20, while HNI at $30.75 trades +65.5% above its estimate of $10.58. HNI shows a wider gap between price and intrinsic value.

Quality of Company: FLXS vs HNI

FLXS earns a Quality of Company score of 9.1/10 compared to HNI's 7.8/10. This moderate difference suggests one company has an edge in fundamental quality, though both may offer investment merit depending on valuation. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: FLXS vs HNI

FLXS carries a SAFE value trap risk (12/100) while HNI shows SAFE risk (24/100). Both companies show manageable value trap risk, suggesting their current valuations are not artificially depressed by fundamental deterioration.

Both in Furnishings, Fixtures & Appliances

Both FLXS and HNI operate in Furnishings, Fixtures & Appliances, which has 31 stocks tracked by CirclFi. Same-industry comparisons provide the most direct insight into relative valuation since both companies face similar regulatory environments, market dynamics, and competitive pressures. Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN), and ensemble methods (CUCE).

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