Hovnanian Enterprises Statistics
Total Valuation
HOV has a market cap or net worth of $807.01 million. The enterprise value is $1.75 billion.
| Market Cap | 807.01M |
| Enterprise Value | 1.75B |
Important Dates
The next estimated earnings date is Thursday, February 20, 2025, before market open.
| Earnings Date | Feb 20, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
HOV has 6.06 million shares outstanding. The number of shares has increased by 5.12% in one year.
| Current Share Class | 5.33M |
| Shares Outstanding | 6.06M |
| Shares Change (YoY) | +5.12% |
| Shares Change (QoQ) | -0.44% |
| Owned by Insiders (%) | 23.91% |
| Owned by Institutions (%) | 61.51% |
| Float | 4.50M |
Valuation Ratios
The trailing PE ratio is 4.19 and the forward PE ratio is 4.46.
| PE Ratio | 4.19 |
| Forward PE | 4.46 |
| PS Ratio | 0.29 |
| Forward PS | n/a |
| PB Ratio | 1.21 |
| P/TBV Ratio | 1.21 |
| P/FCF Ratio | 139.60 |
| P/OCF Ratio | 34.14 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 6.52, with an EV/FCF ratio of 302.06.
| EV / Earnings | 7.83 |
| EV / Sales | 0.58 |
| EV / EBITDA | 6.52 |
| EV / EBIT | 6.71 |
| EV / FCF | 302.06 |
Financial Position
The company has a current ratio of 3.79, with a Debt / Equity ratio of 1.44.
| Current Ratio | 3.79 |
| Quick Ratio | 0.44 |
| Debt / Equity | 1.44 |
| Debt / EBITDA | 4.11 |
| Debt / FCF | 198.78 |
| Interest Coverage | 8.46 |
Financial Efficiency
Return on equity (ROE) is 35.02% and return on invested capital (ROIC) is 8.53%.
| Return on Equity (ROE) | 35.02% |
| Return on Assets (ROA) | 6.38% |
| Return on Capital (ROIC) | 8.53% |
| Revenue Per Employee | $1.60M |
| Profits Per Employee | $118,679 |
| Employee Count | 1,878 |
| Asset Turnover | 1.18 |
| Inventory Turnover | 1.57 |
Taxes
In the past 12 months, HOV has paid $75.08 million in taxes.
| Income Tax | 75.08M |
| Effective Tax Rate | 23.68% |
Stock Price Statistics
The stock price has decreased by -14.14% in the last 52 weeks. The beta is 2.64, so HOV's price volatility has been higher than the market average.
| Beta (5Y) | 2.64 |
| 52-Week Price Change | -14.14% |
| 50-Day Moving Average | 171.63 |
| 200-Day Moving Average | 171.55 |
| Relative Strength Index (RSI) | 25.25 |
| Average Volume (20 Days) | 103,596 |
Short Selling Information
The latest short interest is 242,292, so 4.00% of the outstanding shares have been sold short.
| Short Interest | 242,292 |
| Short Previous Month | 305,107 |
| Short % of Shares Out | 4.00% |
| Short % of Float | 5.39% |
| Short Ratio (days to cover) | 3.78 |
Income Statement
In the last 12 months, HOV had revenue of $3.00 billion and earned $222.88 million in profits. Earnings per share was $31.79.
| Revenue | 3.00B |
| Gross Profit | 601.79M |
| Operating Income | 260.11M |
| Pretax Income | 293.74M |
| Net Income | 222.88M |
| EBITDA | 267.84M |
| EBIT | 260.11M |
| Earnings Per Share (EPS) | $31.79 |
Balance Sheet
The company has $209.98 million in cash and $1.15 billion in debt, giving a net cash position of -$939.19 million or -$155.10 per share.
| Cash & Cash Equivalents | 209.98M |
| Total Debt | 1.15B |
| Net Cash | -939.19M |
| Net Cash Per Share | -$155.10 |
| Equity (Book Value) | 800.35M |
| Book Value Per Share | 109.84 |
| Working Capital | 1.58B |
Cash Flow
In the last 12 months, operating cash flow was $23.64 million and capital expenditures -$17.86 million, giving a free cash flow of $5.78 million.
| Operating Cash Flow | 23.64M |
| Capital Expenditures | -17.86M |
| Free Cash Flow | 5.78M |
| FCF Per Share | $0.95 |
Margins
Gross margin is 20.03%, with operating and profit margins of 8.66% and 8.05%.
| Gross Margin | 20.03% |
| Operating Margin | 8.66% |
| Pretax Margin | 10.55% |
| Profit Margin | 8.05% |
| EBITDA Margin | 8.91% |
| EBIT Margin | 8.66% |
| FCF Margin | 0.19% |
Dividends & Yields
HOV 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 | n/a |
| Buyback Yield | -5.12% |
| Shareholder Yield | -5.12% |
| Earnings Yield | 27.62% |
| FCF Yield | 0.72% |
Analyst Forecast
The average price target for HOV is $155.00, which is 16.31% higher than the current price. The consensus rating is "Hold".
| Price Target | $155.00 |
| Price Target Difference | 16.31% |
| Analyst Consensus | Hold |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on March 29, 2019. It was a reverse split with a ratio of 0.04:1.
| Last Split Date | Mar 29, 2019 |
| Split Type | Reverse |
| Split Ratio | 0.04:1 |
Scores
HOV has an Altman Z-Score of 2.57 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.57 |
| Piotroski F-Score | 5 |