Ethan Allen Interiors Inc. (ETD) intrinsic value & 10-year financials

Ethan Allen Interiors Inc. (ETD) has a Graham intrinsic value of $17.17 per share. At $20.03 on Oct 17, 2026, the stock trades 17% above that value. Over the last 10 fiscal years revenue shrank 3.0% a year to $579.5M, with an average return on invested capital of 13.5%.

Graham intrinsic value
$17.17
Share price (Oct 17, 2026)
$20.03
Price vs Graham value
17% above
Market cap
$512.4M
Revenue (FY2026)
$579.5M
Revenue growth (10-yr CAGR)
-3.0%
ROIC (10-yr avg)
13.5%
Free cash flow (FY2026)
$41.4M

ETD 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2026 $579.5M $39.9M $1.56 $41.4M 7.8% 6.8%
FY2025 $614.6M $51.6M $2.01 $50.4M 10.1% 9.1%
FY2024 $646.2M $63.8M $2.49 $70.6M 12.1% 11.3%
FY2023 $791.4M $105.8M $4.13 $86.8M 17.3% 22.9%
FY2022 $817.8M $103.3M $4.05 $56.0M 16.9% 32.6%
FY2021 $685.2M $60.0M $2.37 $117.9M 11.3% 22.0%
FY2020 $589.8M $8.9M $0.34 $37.0M 2.5% 2.8%
FY2019 $746.7M $25.7M $0.96 $46.1M 4.5% 7.3%
FY2018 $766.8M $36.4M $1.32 $23.7M 6.4% 10.1%
FY2017 $763.4M $36.2M $1.29 $61.0M 7.6% 10.3%

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

ETHAN ALLEN INTERIORS INC is facing top-line stagnation, with revenue contracting over the decade.

ETHAN ALLEN INTERIORS INC returns on capital have been average, hovering around 13.5% ROIC over the decade.

Over the decade, ETHAN ALLEN INTERIORS INC shows that the company has leveraged its balance sheet to sustain operations.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, ETHAN ALLEN INTERIORS INC is modeled at 2.1% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $17.17 per share.

ETD stock: frequently asked questions

What is the intrinsic value of Ethan Allen Interiors Inc. (ETD) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 2.1% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, ETD's intrinsic value is about $17.17 per share.

Is ETD stock undervalued?

At $20.03 (close on Oct 17, 2026), ETD trades 17% above its Graham value of $17.17. On Graham's terms the shares look fully priced. A formula is a starting point for research, not a recommendation.

How fast has Ethan Allen Interiors Inc. grown?

Revenue went from $763.4M in fiscal 2017 to $579.5M in fiscal 2026, a compound annual growth rate of -3.0%. Net income was $39.9M in fiscal 2026.

Does Ethan Allen Interiors Inc. generate free cash flow?

Ethan Allen Interiors Inc. generated $41.4M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2026. Free cash flow was positive in 10 of the last 10 reported years.

What is ETD's return on invested capital?

Average ROIC over the last 10 fiscal years was 13.5%, and average return on equity was 12.9%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this ETD data come from?

From Ethan Allen Interiors Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Sep 3, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

Similar wood household furniture stocks