Hovnanian Enterprises Financials

HOV Stock  USD 106.15  0.36  0.34%   
Based on the key indicators related to Hovnanian Enterprises' liquidity, profitability, solvency, and operating efficiency, Hovnanian Enterprises is performing exceptionally good at this time. It has a great probability to report excellent financial results in March. At this time, Hovnanian Enterprises' Common Stock is fairly stable compared to the past year. Other Liabilities is likely to climb to about 270.5 M in 2025, whereas Liabilities And Stockholders Equity is likely to drop slightly above 1.9 B in 2025. Key indicators impacting Hovnanian Enterprises' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Income313.4 M298.5 M
Sufficiently Up
Slightly volatile
Current Ratio326311
Sufficiently Up
Slightly volatile
The financial analysis of Hovnanian Enterprises is a critical element in measuring its lifeblood. Investors should not minimize Hovnanian Enterprises' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

223.65 Million

  
Understanding current and past Hovnanian Enterprises Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Hovnanian Enterprises' financial statements are interrelated, with each one affecting the others. For example, an increase in Hovnanian Enterprises' assets may result in an increase in income on the income statement.

Hovnanian Enterprises Earnings Geography

Please note, the imprecision that can be found in Hovnanian Enterprises' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Hovnanian Enterprises. Check Hovnanian Enterprises' Beneish M Score to see the likelihood of Hovnanian Enterprises' management manipulating its earnings.

Hovnanian Enterprises Stock Summary

Hovnanian Enterprises competes with Taylor Morn, KB Home, MI Homes, Century Communities, and Lennar. Hovnanian Enterprises, Inc. engages in the design, construction, marketing, and sale of residential homes in the United States. The company was founded in 1959 and is headquartered in Matawan, New Jersey. Hovnanian Enterprises operates under Residential Construction classification in the United States and is traded on New York Stock Exchange. It employs 1784 people.
Specialization
Consumer Discretionary, Consumer Durables & Apparel
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS4424874018
CUSIP442487203 442487401 44248W208 442487104
LocationNew Jersey; U.S.A
Business Address90 Matawan Road,
SectorHousehold Durables
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.khov.com
Phone732 747 7800
CurrencyUSD - US Dollar

Hovnanian Enterprises Key Financial Ratios

Hovnanian Enterprises Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets2.3B2.6B2.5B2.6B3.0B1.9B
Net Debt1.1B965.2M708.9M776.9M893.5M998.1M
Retained Earnings(567.2M)(352.4M)(157.2M)74.1M66.7M70.1M
Total Liab2.1B2.2B1.9B1.8B2.1B1.6B
Other Current Liab23.0M32.4M236.9M(433.3M)(389.9M)(370.4M)
Accounts Payable426.4M440.0M387.1M433.3M498.3M270.4M
Cash246.0M326.2M434.1M210.0M241.5M201.9M
Net Receivables39.9M37.8M28.0M29.4M33.8M32.1M
Inventory1.3B1.5B1.3B1.6B1.9B1.3B
Total Current Assets1.6B2.0B2.0B1.9B2.2B1.7B
Short Term Debt6.8M9M3.2M8.5M7.6M7.3M
Other Current Assets72.3M77.3M215.1M7.9M9.1M8.6M
Common Stock68K69K70K590.9M679.6M713.5M
Other Liab289.9M131.1M276.5M175.7M202.0M270.5M
Other Assets2.6B344.8M206.7M1.9B2.1B2.2B
Long Term Debt1.4B1.3B1.1B986.9M888.2M862.5M
Net Tangible Assets(572.2M)39.6M247.7M446.4M513.4M539.1M
Long Term Debt Total203.6M1.6B1.4B1.3B1.5B1.6B
Capital Surpluse715.5M718.1M722.1M727.7M836.8M769.8M

Hovnanian Enterprises Key Income Statement Accounts

The reason investors look at the income statement is to determine what Hovnanian Enterprises' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
202020212022202320242025 (projected)
Interest Expense77.7M47.3M54.1M30.8M35.4M33.6M
Total Revenue2.8B2.9B2.8B3.0B3.5B2.1B
Gross Profit540.8M643.4M580.1M601.8M692.1M351.4M
Operating Income266.0M368.4M276.9M259.6M298.5M313.4M
Ebit266.1M358.9M274.9M305.6M351.4M369.0M
Ebitda271.4M364.4M283.7M313.3M360.3M378.4M
Income Before Tax189.9M319.8M256.0M317.1M364.7M382.9M
Net Income607.8M225.5M205.9M242.0M278.3M292.2M
Income Tax Expense(418.0M)94.3M50.1M75.1M67.6M71.0M
Cost Of Revenue2.2B2.3B2.2B2.4B2.8B1.9B
Tax Provision(418.0M)94.3M50.1M75.1M67.6M71.0M
Interest Income97.6M127.3M113.0M60.7M54.7M90.2M
Net Interest Income(77.7M)(47.3M)(54.1M)(30.8M)(35.4M)(37.1M)

Hovnanian Enterprises Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory(35.5M)(279M)278.7M(183.5M)(211.1M)(200.5M)
Change In Cash1.9M70.8M(167.5M)(210.8M)(189.7M)(180.2M)
Free Cash Flow204.3M76.9M195.9M5.8M6.6M7.0M
Depreciation5.3M5.5M8.8M7.7M8.9M8.4M
Other Non Cash Items(46.1M)40.5M(214.7M)(313.1M)(281.8M)(267.7M)
Capital Expenditures5.9M12.6M18.8M17.9M16.1M20.6M
Net Income607.8M225.5M205.9M242.0M278.3M292.2M
End Period Cash Flow311.4M382.2M214.7M266.8M306.8M202.7M
Change To Netincome17.1M(460.1M)112.7M(3.3M)(3.0M)(3.1M)
Investments14.9M10.3M(61.4M)(46.5M)(41.8M)(39.7M)
Net Borrowings(154.5M)(144.7M)(124.0M)(232.4M)(209.1M)(198.7M)

Hovnanian Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Hovnanian Enterprises's current stock value. Our valuation model uses many indicators to compare Hovnanian Enterprises value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hovnanian Enterprises competition to find correlations between indicators driving Hovnanian Enterprises's intrinsic value. More Info.
Hovnanian Enterprises is one of the top stocks in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.17  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Hovnanian Enterprises is roughly  5.88 . At this time, Hovnanian Enterprises' Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Hovnanian Enterprises by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Hovnanian Enterprises Systematic Risk

Hovnanian Enterprises' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hovnanian Enterprises volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Hovnanian Enterprises correlated with the market. If Beta is less than 0 Hovnanian Enterprises generally moves in the opposite direction as compared to the market. If Hovnanian Enterprises Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hovnanian Enterprises is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hovnanian Enterprises is generally in the same direction as the market. If Beta > 1 Hovnanian Enterprises moves generally in the same direction as, but more than the movement of the benchmark.

Hovnanian Enterprises Thematic Clasifications

Hovnanian Enterprises is part of several thematic ideas from Construction to Aggressive Defence. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Hovnanian Enterprises Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hovnanian Enterprises' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Hovnanian Enterprises growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.39

At this time, Hovnanian Enterprises' Price Earnings To Growth Ratio is fairly stable compared to the past year.

Hovnanian Enterprises February 25, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Hovnanian Enterprises help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hovnanian Enterprises. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hovnanian Enterprises based on widely used predictive technical indicators. In general, we focus on analyzing Hovnanian Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hovnanian Enterprises's daily price indicators and compare them against related drivers.

Additional Tools for Hovnanian Stock Analysis

When running Hovnanian Enterprises' price analysis, check to measure Hovnanian Enterprises' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hovnanian Enterprises is operating at the current time. Most of Hovnanian Enterprises' value examination focuses on studying past and present price action to predict the probability of Hovnanian Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hovnanian Enterprises' price. Additionally, you may evaluate how the addition of Hovnanian Enterprises to your portfolios can decrease your overall portfolio volatility.