Hovnanian Enterprises Statistics
Total Valuation
HOV has a market cap or net worth of $1.08 billion. The enterprise value is $2.00 billion.
| Market Cap | 1.08B |
| Enterprise Value | 2.00B |
Important Dates
The next estimated earnings date is Wednesday, August 28, 2024, before market open.
| Earnings Date | Aug 28, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
HOV has 5.99 million shares outstanding. The number of shares has increased by 6.81% in one year.
| Shares Outstanding | 5.99M |
| Shares Change (YoY) | +6.81% |
| Shares Change (QoQ) | -0.50% |
| Owned by Insiders (%) | 7.10% |
| Owned by Institutions (%) | 59.82% |
| Float | n/a |
Valuation Ratios
The trailing PE ratio is 6.05 and the forward PE ratio is 4.90. HOV's PEG ratio is 1.22.
| PE Ratio | 6.05 |
| Forward PE | 4.90 |
| PS Ratio | 0.38 |
| Forward PS | n/a |
| PB Ratio | 1.67 |
| P/FCF Ratio | 3.07 |
| PEG Ratio | 1.22 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 5.80, with an EV/FCF ratio of 5.68.
| EV / Earnings | 9.20 |
| EV / Sales | 0.70 |
| EV / EBITDA | 5.80 |
| EV / EBIT | 5.91 |
| EV / FCF | 5.68 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 1.71 |
| Debt / EBITDA | 3.21 |
| Debt / FCF | 3.14 |
| Interest Coverage | 7.69 |
Financial Efficiency
Return on equity (ROE) is 37.50% and return on invested capital (ROIC) is 15.50%.
| Return on Equity (ROE) | 37.50% |
| Return on Assets (ROA) | 9.10% |
| Return on Capital (ROIC) | 15.50% |
| Revenue Per Employee | $1.66M |
| Profits Per Employee | $126,585 |
| Employee Count | 1,715 |
| Asset Turnover | 1.19 |
| Inventory Turnover | 1.51 |
Taxes
In the past 12 months, HOV has paid $65.97 million in taxes.
| Income Tax | 65.97M |
| Effective Tax Rate | 23.30% |
Stock Price Statistics
The stock price has increased by +68.50% in the last 52 weeks. The beta is 2.58, so HOV's price volatility has been higher than the market average.
| Beta (5Y) | 2.58 |
| 52-Week Price Change | +68.50% |
| 50-Day Moving Average | 153.88 |
| 200-Day Moving Average | 136.54 |
| Relative Strength Index (RSI) | 67.40 |
| Average Volume (20 Days) | 94,018 |
Short Selling Information
The latest short interest is 249,530, so 4.17% of the outstanding shares have been sold short.
| Short Interest | 249,530 |
| Short Previous Month | 113,743 |
| Short % of Shares Out | 4.17% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 2.77 |
Income Statement
In the last 12 months, HOV had revenue of $2.84 billion and earned $217.09 million in profits. Earnings per share was $29.86.
| Revenue | 2.84B |
| Gross Profit | 650.44M |
| Operating Income | 350.22M |
| Pretax Income | 293.74M |
| Net Income | 217.09M |
| EBITDA | 344.13M |
| EBIT | 337.64M |
| Earnings Per Share (EPS) | $29.86 |
Balance Sheet
The company has $190.34 million in cash and $1.11 billion in debt, giving a net cash position of -$914.80 million or -$152.80 per share.
| Cash & Cash Equivalents | 190.34M |
| Total Debt | 1.11B |
| Net Cash | -914.80M |
| Net Cash Per Share | -$152.80 |
| Equity (Book Value) | 647.05M |
| Book Value Per Share | 108.08 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $369.41 million and capital expenditures -$17.67 million, giving a free cash flow of $351.74 million.
| Operating Cash Flow | 369.41M |
| Capital Expenditures | -17.67M |
| Free Cash Flow | 351.74M |
| FCF Per Share | $54.47 |
Margins
Gross margin is 22.91%, with operating and profit margins of 12.33% and 7.65%.
| Gross Margin | 22.91% |
| Operating Margin | 12.33% |
| Pretax Margin | 10.34% |
| Profit Margin | 7.65% |
| EBITDA Margin | 12.12% |
| EBIT Margin | 11.89% |
| 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 | -6.81% |
| Shareholder Yield | -6.81% |
| Earnings Yield | 20.07% |
| FCF Yield | 32.52% |
Analyst Forecast
The average price target for HOV is $155.00, which is -14.20% lower than the current price. The consensus rating is "Hold".
| Price Target | $155.00 |
| Price Target Difference | -14.20% |
| 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 1:25.
| Last Split Date | Mar 29, 2019 |
| Split Type | Reverse |
| Split Ratio | 1:25 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 6 |