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No institutional (13F) filings cover this company, so the Overview and 13F tabs are thin. Everything drawn from its SEC filings is here.
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Ranked against 12 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-09-30.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SGI | $14.6B | 34.5× | 18.4× | 2.0× | 51.6% | 42.6% | 5.1% | 12.4% | 5.0% | 4.4× | — |
| HNI | $3.5B | 44.2× | 19.8× | 1.3× | 12.4% | 41.4% | 1.9% | 3.0% | 1.7% | 4.7× | 71 |
| MLKN | $1.5B | 16.3× | 7.5× | 0.4× | 4.7% | 38.8% | 2.4% | 6.8% | 3.5% | 3.2× | 48 |
| MBC | $1.5B | 34.6× | 12.1× | 0.5× | 1.3% | 30.3% | 1.0% | 2.0% | 1.2% | 4.2× | 75 |
| LEG | $1.4B | 6.1× | — | 0.3× | -7.5% | 18.3% | 5.8% | 23.0% | 23.0% | — | 2 |
| LZB | $1.2B | 12.3× | 5.2× | 0.6× | 0.8% | 44.0% | 4.8% | 9.7% | 9.7% | -1.7× | 43 |
| CODI | $839M | — | 17.2× | 0.5× | 4.8% | 43.5% | -12.1% | -51.2% | -9.8% | 11.8× | 26 |
| ETD | $513M | 13.1× | 7.3× | 0.9× | -5.7% | 61.2% | 6.9% | 8.5% | 8.5% | -1.2× | 40 |
| XMAX | $417M | — | — | 24.9× | 72.6% | 25.0% | -20.4% | -12.2% | -12.2% | — | — |
| FLXS | $306M | 12.1× | 6.3× | 0.7× | 4.1% | 24.7% | 7.2% | 24.8% | 24.8% | -0.4× | 29 |
| BSET | $195M | 32.1× | 9.2× | 0.6× | 1.6% | 56.3% | 1.8% | 3.7% | 3.7% | -2.5× | 8 |
| HOFT | $153M | — | — | 0.6× | 226% | 26.4% | -9.7% | -15.9% | -15.6% | — | 11 |
| LUVU | $4M | — | 4.9× | 0.1× | 5.8% | 31.5% | -0.9% | -11.2% | -5.3% | 1.8× | — |
Peers = companies sharing LUVU's sector (Household Furniture) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.
Solve the discounted cash flow backwards, then stress-test the assumptions.
Average free cash flow across the last 2 positive fiscal years (FY2024, FY2026). Smooths the cycle. Stock compensation is NOT charged — it is added back inside operating cash flow.
To be worth $0.05 today, the market must believe free cash flow compounds -1.1%/yr for a decade (off $574K on the 3-yr avg basis).
On the basis ($551K) the requirement is -0.5%/yr. Shares issued to employees are added back in operating cash flow, so this basis treats them as free.
The market's -1.1% is more conservative than its 9-yr track record.
Default is 10.0% — this company's computed cost of capital (published default — this company's cost of capital could not be computed), the same rate the Analysis tab discounts at.
2-stage DCF · 0.08B shares (market data) · net debt $2.2M
mean 21.2% · volatility σ 181% · implied rate exceeded in 3/8 yrs
Central path = implied -1.1%/yr growth; shaded band = ±1σ (181%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $0 buybacks = $0 returned on $744K FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Reinvestment has been productive — operating income grew well per dollar put in. Current ROIC on all capital: -5%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
EOD close · as of 2026-10-30
Where each multiple sits in its own 15-yr range · 23th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 15-yr history.
Is the profit real, and how strong is the balance sheet?
FY2026 · every deduction from revenue to net income
DuPont — the three levers
ROE -11% against ROIC -5% — -6% of the return on equity comes from leverage and buybacks rather than from the operating business.
What the company owes vs. what it holds
This shows debt/cash structure and net leverage. The year-by-year maturity schedule is on the Debt & Leverage tab.
Latest year: profit growth vs revenue growth
Profit and sales moved in opposite directions this year.
Each line as % of revenue — the trend in color
| % of revenue | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 74.0 | 69.9 | 72.7 | 77.2 | 75.4 | 73.4 | 70.5 | 68.5 |
| Gross Profit | 26.0 | 30.1 | 27.3 | 22.8 | 24.6 | 26.6 | 29.5 | 31.5 |
| R&D | — | — | — | — | — | 0.6 | 0.6 | 0.5 |
| SG&A | 13.7 | 12.9 | 11.7 | 11.3 | 10.5 | 13.0 | 13.6 | 12.5 |
| Operating Income | 2.4 | 7.9 | 8.0 | 3.6 | 5.3 | 0.7 | -0.3 | 3.2 |
| Income Tax | — | 0.0 | 0.0 | 0.0 | -0.0 | 0.7 | 0.0 | 2.5 |
| Net Income | — | -0.0 | 11.1 | 2.3 | 4.1 | -1.6 | -1.7 | -0.9 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on LUVU: price, valuation and headline fundamentals from SEC filings. The four questions at the top of the page are where the judgements live.
How much the company owes, how it's trended, and how comfortably it's serviced.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Coverage is adequate but not comfortable. Effective rate ~10.9% on $2.8M of debt. Interest last disclosed in FY2023 (no longer broken out).
Cash of $250K is below short-term debt of $2.0M — relies on refinancing/operations.
Mostly short-term debt (balance-sheet current vs non-current split). A year-by-year maturity schedule wasn't disclosed for this issuer.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Educational — not a recommendation.
Earns 4.4pts above its cost of capital, but net margin has stepped down from 410.35% to -89.9% over 3 years.
| Period | ROIC | Cost of capital | Spread |
|---|---|---|---|
| FY2020 | 199.7% | 4.1% (today's — no rate published for this year) | 195.7pts |
| FY2021 | 20.2% | 4.1% (today's — no rate published for this year) | 16.1pts |
| FY2022 | 9.7% | 6.8% | 2.9pts |
| FY2023 | 13.4% | 6.6% | 6.8pts |
| FY2024 | 1.7% | 4.1% (today's — no rate published for this year) | -2.3pts |
| FY2025 | -0.8% | 4.1% (today's — no rate published for this year) | -4.8pts |
| FY2026 | 7.6% | 4.1% (today's — no rate published for this year) | 3.5pts |
| Now | -5.3% | 4.1% | -9.3pts |
| Fiscal year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| FY2017 | 29.2% | 4.3% | not reported |
| FY2018 | 29.2% | 4.1% | not reported |
| FY2019 | 26.0% | 2.4% | not reported |
| FY2020 | 30.1% | 7.9% | -0.0% |
| FY2021 | 27.3% | 8.0% | 11.1% |
| FY2022 | 22.8% | 3.6% | 2.3% |
| FY2023 | 24.6% | 5.3% | 4.1% |
| FY2024 | 26.6% | 0.7% | -1.6% |
| FY2025 | 29.5% | -0.3% | -1.7% |
| FY2026 | 31.5% | 3.2% | -0.9% |
Return on equity is 6 points BELOW the return on invested capital, which means the equity base is carrying capital the operations are not earning on — usually cash, goodwill, or a recent raise.
ROE is on average equity; ROIC is NOPAT over average invested capital (debt plus equity less excess cash). The gap is not a single adjustment.
Net margin is -89.9% against 410.35% 3 years ago — a step down the business has not recovered, whatever the spread says today.
Free cash flow has fallen short of reported profit in 3 of the last three years.
The cash conversion cycle has lengthened +11 days over 3 years to 59 — that many more days of the company's own cash funding the same volume of business.
Debt is present but there is no positive EBITDA or no reported interest expense, so coverage cannot be measured.
Balance sheet at 2026-06-30. Undrawn revolving credit is not shown: the tag is collected but not yet mapped through to the API.
No material counter-signal in the checked set: net debt / EBITDA, interest coverage, stressed coverage, maturity schedule vs cash and one year of FCF, liquidity ratios.
Missing from our data, so excluded from this answer: interest_expense.
At $0.05, free cash flow must compound 5.12%/yr for 10 years. It has done 21.35%/yr over 6 years, though across a reporting-basis change.
| Fiscal year | FCF growth | Price requires |
|---|---|---|
| FY2021 | 50.6% | 5.1% |
| FY2022 | −4.6% | 5.1% |
| FY2023 | 63.0% | 5.1% |
| FY2024 | −26.0% | 5.1% |
| FY2025 | −211.6% | 5.1% |
The percentile ranks the FISCAL-YEAR point, because the distribution behind each strip is built from fiscal-year closes — ranking a TTM figure inside it would compare two different bases. TTM basis: TTM.
The achieved growth rate spans a reporting-basis change in FY2021, so part of it measures the restatement rather than the business.
EOD close · as of 2026-10-30
How a revenue dollar becomes profit — FY2026
Dividends and buybacks are cash paid out, shown here against the same year's profit for scale — not funded from it.
Each value shows its share of revenue below it (common-size).
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $27.4M 100.0% | $25.9M 100.0% | $24.6M 100.0% | $29.2M 100.0% | $26.3M 100.0% | $23.1M 100.0% | $18.4M 100.0% | $17.0M 100.0% | $16.4M 100.0% | $16.9M 100.0% |
| Cost of Revenue | $18.8M 68.5% | $18.2M 70.5% | $18.0M 73.4% | $22.0M 75.4% | $20.3M 77.2% | $16.8M 72.7% | $12.8M 69.9% | $12.6M 74.0% | $11.6M 70.8% | $12.0M 70.8% |
| Gross Profit | $8.6M 31.5% | $7.6M 29.5% | $6.5M 26.6% | $7.2M 24.6% | $6.0M 22.8% | $6.3M 27.3% | $5.5M 30.1% | $4.4M 26.0% | $4.8M 29.2% | $4.9M 29.2% |
| Research & Development | $148K 0.5% | $167K 0.6% | $157K 0.6% | — | — | — | — | — | — | — |
| Selling, General & Admin | $3.4M 12.5% | $3.5M 13.6% | $3.2M 13.0% | $3.1M 10.5% | $3.0M 11.3% | $2.7M 11.7% | $2.4M 12.9% | $2.3M 13.7% | $2.4M 14.7% | $2.4M 14.3% |
| Total Operating Expenses | $7.7M 28.3% | $7.7M 29.8% | $6.4M 25.8% | $5.6M 19.3% | $5.1M 19.2% | $4.5M 19.3% | $4.1M 22.2% | $4.0M 23.6% | $4.1M 25.1% | $4.2M 24.8% |
| Operating Income | $876K 3.2% | -$69K -0.3% | $174K 0.7% | $1.5M 5.3% | $946K 3.6% | $1.8M 8.0% | $1.5M 7.9% | $410K 2.4% | $676K 4.1% | $736K 4.3% |
| Interest Expense | — | — | — | $306K 1.0% | $156K 0.6% | — | — | — | — | $528K 3.1% |
| Other Income (Expense), net | -$447K -1.6% | -$379K -1.5% | -$411K -1.7% | -$355K -1.2% | -$342K -1.3% | $721K 3.1% | — | — | — | — |
| Pretax Income | $429K 1.6% | -$448K -1.7% | -$237K -1.0% | $1.2M 4.1% | $604K 2.3% | — | — | — | — | — |
| Income Tax Expense | $675K 2.5% | $0 0.0% | $162K 0.7% | -$10K -0.0% | $0 0.0% | $0 0.0% | $0 0.0% | — | — | — |
| Net Income | -$246K -0.9% | -$448K -1.7% | -$399K -1.6% | $1.2M 4.1% | $604K 2.3% | $2.6M 11.1% | -$221 -0.0% | — | — | — |
| Per Share | ||||||||||
| EPS (Basic) | $0.00 | -$0.01 | -$0.01 | $0.02 | $0.01 | $0.03 | $0.01 | $0.00 | — | — |
| EPS (Diluted) | $0.00 | -$0.01 | -$0.01 | $0.02 | $0.01 | $0.03 | $0.01 | $0.00 | — | — |
| Weighted Avg Shares (Basic) | 76.8M | 76.8M | 76.5M | 76.3M | 75.46B | 74.3M | 73.5M | 73.5M | 73.5M | 72.7M |
| Weighted Avg Shares (Diluted) | 76.8M | 76.8M | 76.5M | 76.5M | 76.11B | 75.49B | 75.3M | 73.5M | 74.5M | 73.1M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
| Step | Amount | Running total |
|---|---|---|
| Net income | −$246,000 | −$246,000 |
| Share-based comp | $28,000 | −$218,000 |
| Other non-cash & working capital | $991,000 | $773,000 |
| Operating cash flow | $773,000 | $773,000 |
| Capex | −$29,000 | $744,000 |
| Free cash flow | $744,000 | $744,000 |
| FCF after SBC | $716,000 | $716,000 |
| Fiscal year | Revenue growth | Receivables growth | Gap |
|---|---|---|---|
| FY2021 | 25.7% | -0.1% | -25.8 points |
| FY2022 | 14.0% | -2.4% | -16.4 points |
| FY2023 | 10.9% | -5.1% | -16.0 points |
| FY2024 | -15.9% | 0.9% | 16.9 points |
| FY2025 | 5.2% | 50.8% | 45.6 points |
| FY2026 | 5.8% | 15.9% | 10.0 points |
| Fiscal year | DSO | DIO | DPO | Cash conversion cycle |
|---|---|---|---|---|
| FY2020 | 22.5 days | 56.4 days | 69.2 days | 9.8 days |
| FY2021 | 17.9 days | 73.7 days | 58 days | 33.6 days |
| FY2022 | 15.3 days | 68.5 days | 48.1 days | 35.7 days |
| FY2023 | 13.1 days | 69.6 days | 35 days | 47.7 days |
| FY2024 | 15.8 days | 66.5 days | 30.4 days | 51.9 days |
| FY2025 | 22.6 days | 71.8 days | 37.2 days | 57.2 days |
| FY2026 | 24.7 days | 70.7 days | 36.8 days | 58.7 days |
| Fiscal year | Accruals / assets |
|---|---|
| FY2020 | -6.7 percent |
| FY2021 | 19.7 percent |
| FY2022 | 2.1 percent |
| FY2023 | 5.1 percent |
| FY2024 | -9.6 percent |
| FY2025 | -0.4 percent |
| FY2026 | -8.9 percent |
Below the line, the asset base is being consumed faster than it is replaced.
Below the line for 7 consecutive years to the latest.
Depreciation here includes amortisation of acquired intangibles — goodwill written down over time, customer lists, acquired technology. Capex does not replace those and is not meant to, so an acquisitive or asset-light company sits below 1.0 permanently and correctly. The signal is cleanest for capital-intensive businesses, where the two measure the same physical base. For that reason this informs the earnings-quality verdict but never caps it.
SBC is added back inside operating cash flow, so reported free cash flow treats shares issued to employees as free. Percent of revenue says how expensive the payroll is; percent of operating cash flow says how much of the cash exists only because the charge was added back. The buyback offset is buybacks over SBC — below 1.0 the repurchase does not cover the shares issued.
Figures are the latest fiscal year (FY2026) from the company's own filings, not a trailing-twelve-month window — Q2 reads fiscal years throughout so the cash-conversion ratios and these share one basis. A blank is a line the filer did not report; it is never read as zero.