Hovnanian Enterprises, Inc. (FRA:HO3A)

Hovnanian Enterprises Statistics

Total Valuation

FRA:HO3A has a market cap or net worth of EUR 694.57 million. The enterprise value is 1.59 billion.

Market Cap	694.57M
Enterprise Value	1.59B

Important Dates

The next estimated earnings date is Thursday, December 4, 2025.

Earnings Date	Dec 4, 2025
Ex-Dividend Date	n/a

Share Statistics

Current Share Class	5.13M
Shares Outstanding	n/a
Shares Change (YoY)	-0.68%
Shares Change (QoQ)	-0.92%
Owned by Insiders (%)	23.19%
Owned by Institutions (%)	57.02%
Float	4.53M

Valuation Ratios

The trailing PE ratio is 5.56.

PE Ratio	5.56
Forward PE	n/a
PS Ratio	0.25
PB Ratio	0.95
P/TBV Ratio	1.13
P/FCF Ratio	6.99
P/OCF Ratio	5.88
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.93, with an EV/FCF ratio of 16.00.

EV / Earnings	12.71
EV / Sales	0.59
EV / EBITDA	6.93
EV / EBIT	7.57
EV / FCF	16.00

Financial Position

The company has a current ratio of 3.78, with a Debt / Equity ratio of 1.26.

Current Ratio	3.78
Quick Ratio	0.39
Debt / Equity	1.26
Debt / EBITDA	4.84
Debt / FCF	9.25
Interest Coverage	6.31

Financial Efficiency

Return on equity (ROE) is 20.65% and return on invested capital (ROIC) is 6.46%.

Return on Equity (ROE)	20.65%
Return on Assets (ROA)	4.71%
Return on Invested Capital (ROIC)	6.46%
Return on Capital Employed (ROCE)	9.32%
Revenue Per Employee	1.46M
Profits Per Employee	66,558
Employee Count	1,878
Asset Turnover	1.21
Inventory Turnover	1.52

Taxes

In the past 12 months, FRA:HO3A has paid 42.99 million in taxes.

Income Tax	42.99M
Effective Tax Rate	23.64%

Stock Price Statistics

The stock price has decreased by -39.46% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	-39.46%
50-Day Moving Average	105.61
200-Day Moving Average	100.81
Relative Strength Index (RSI)	59.82
Average Volume (20 Days)	n/a

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	3.17

Income Statement

In the last 12 months, FRA:HO3A had revenue of EUR 2.75 billion and earned 125.00 million in profits. Earnings per share was 18.04.

Revenue	2.75B
Gross Profit	476.27M
Operating Income	170.24M
Pretax Income	181.89M
Net Income	125.00M
EBITDA	179.48M
EBIT	170.24M
Earnings Per Share (EPS)	18.04

Balance Sheet

The company has 128.15 million in cash and 919.06 million in debt, giving a net cash position of -790.91 million.

Cash & Cash Equivalents	128.15M
Total Debt	919.06M
Net Cash	-790.91M
Net Cash Per Share	n/a
Equity (Book Value)	730.27M
Book Value Per Share	103.87
Working Capital	1.32B

Cash Flow

In the last 12 months, operating cash flow was 118.04 million and capital expenditures -18.74 million, giving a free cash flow of 99.31 million.

Operating Cash Flow	118.04M
Capital Expenditures	-18.74M
Free Cash Flow	99.31M
FCF Per Share	n/a

Margins

Gross margin is 17.35%, with operating and profit margins of 6.20% and 5.06%.

Gross Margin	17.35%
Operating Margin	6.20%
Pretax Margin	6.63%
Profit Margin	5.06%
EBITDA Margin	6.54%
EBIT Margin	6.20%
FCF Margin	3.62%

Dividends & Yields

FRA:HO3A does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	6.72%
Buyback Yield	0.68%
Shareholder Yield	0.68%
Earnings Yield	18.00%
FCF Yield	14.30%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on March 29, 2019. It was a reverse split with a ratio of 0.04.

Last Split Date	Mar 29, 2019
Split Type	Reverse
Split Ratio	0.04

Scores

FRA:HO3A has an Altman Z-Score of 2.48 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	2.48
Piotroski F-Score	6