Hovnanian Enterprises Statistics
Total Valuation
HOV has a market cap or net worth of $1.09 billion. The enterprise value is $2.28 billion.
| Market Cap | 1.09B |
| Enterprise Value | 2.28B |
Important Dates
The next estimated earnings date is Tuesday, December 3, 2024, before market open.
| Earnings Date | Dec 3, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
HOV has 6.05 million shares outstanding. The number of shares has increased by 2.07% in one year.
| Shares Outstanding | 6.05M |
| Shares Change (YoY) | +2.07% |
| Shares Change (QoQ) | +2.12% |
| Owned by Insiders (%) | 20.06% |
| Owned by Institutions (%) | 57.03% |
| Float | 4.73M |
Valuation Ratios
The trailing PE ratio is 5.68.
| PE Ratio | 5.68 |
| Forward PE | n/a |
| PS Ratio | 0.40 |
| Forward PS | n/a |
| PB Ratio | 1.92 |
| P/FCF Ratio | 33.64 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 8.01, with an EV/FCF ratio of 70.17.
| EV / Earnings | 10.28 |
| EV / Sales | 0.78 |
| EV / EBITDA | 8.01 |
| EV / EBIT | 8.22 |
| EV / FCF | 70.17 |
Financial Position
The company has a current ratio of 3.71, with a Debt / Equity ratio of 1.67.
| Current Ratio | 3.71 |
| Quick Ratio | 0.31 |
| Debt / Equity | 1.67 |
| Debt / EBITDA | 3.99 |
| Debt / FCF | 36.24 |
| Interest Coverage | 7.55 |
Financial Efficiency
Return on equity (ROE) is 41.31% and return on invested capital (ROIC) is 9.57%.
| Return on Equity (ROE) | 41.31% |
| Return on Assets (ROA) | 7.02% |
| Return on Capital (ROIC) | 9.57% |
| Revenue Per Employee | $1.70M |
| Profits Per Employee | $129,062 |
| Employee Count | 1,715 |
| Asset Turnover | 1.18 |
| Inventory Turnover | 1.47 |
Taxes
In the past 12 months, HOV has paid $75.69 million in taxes.
| Income Tax | 75.69M |
| Effective Tax Rate | 23.61% |
Stock Price Statistics
The stock price has increased by +113.29% in the last 52 weeks. The beta is 2.61, so HOV's price volatility has been higher than the market average.
| Beta (5Y) | 2.61 |
| 52-Week Price Change | +113.29% |
| 50-Day Moving Average | 198.80 |
| 200-Day Moving Average | 169.55 |
| Relative Strength Index (RSI) | 43.22 |
| Average Volume (20 Days) | 66,772 |
Short Selling Information
The latest short interest is 226,120, so 3.73% of the outstanding shares have been sold short.
| Short Interest | 226,120 |
| Short Previous Month | 301,384 |
| Short % of Shares Out | 3.73% |
| Short % of Float | 4.78% |
| Short Ratio (days to cover) | 3.33 |
Income Statement
In the last 12 months, HOV had revenue of $2.91 billion and earned $221.34 million in profits. Earnings per share was $31.75.
| Revenue | 2.91B |
| Gross Profit | 611.23M |
| Operating Income | 277.02M |
| Pretax Income | 293.74M |
| Net Income | 221.34M |
| EBITDA | 284.27M |
| EBIT | 277.02M |
| Earnings Per Share (EPS) | $31.75 |
Balance Sheet
The company has $122.04 million in cash and $1.18 billion in debt, giving a net cash position of -$1.05 billion or -$173.98 per share.
| Cash & Cash Equivalents | 122.04M |
| Total Debt | 1.18B |
| Net Cash | -1.05B |
| Net Cash Per Share | -$173.98 |
| Equity (Book Value) | 703.38M |
| Book Value Per Share | 93.90 |
| Working Capital | 1.52B |
Cash Flow
In the last 12 months, operating cash flow was $51.49 million and capital expenditures -$19.06 million, giving a free cash flow of $32.44 million.
| Operating Cash Flow | 51.49M |
| Capital Expenditures | -19.06M |
| Free Cash Flow | 32.44M |
| FCF Per Share | $5.36 |
Margins
Gross margin is 20.99%, with operating and profit margins of 9.51% and 8.41%.
| Gross Margin | 20.99% |
| Operating Margin | 9.51% |
| Pretax Margin | 11.01% |
| Profit Margin | 8.41% |
| EBITDA Margin | 9.76% |
| EBIT Margin | 9.51% |
| FCF Margin | 12.39% |
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 | -2.07% |
| Shareholder Yield | -2.07% |
| Earnings Yield | 20.29% |
| FCF Yield | 2.97% |
Analyst Forecast
The average price target for HOV is $155.00, which is -13.99% lower than the current price. The consensus rating is "Hold".
| Price Target | $155.00 |
| Price Target Difference | -13.99% |
| Analyst Consensus | Hold |
| Analyst Count | 1 |
| 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 2.48 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 |