Superworth

Hovnanian Enterprises HOV

Residential Construction, Consumer Cyclical
$101.27
−0.02%
Market cap
$603.6M
PE
118×
10y median 6.2×
Forward PE
n/m
not a meaningful number
Price to sales
0.2×
EV/EBIT
23.9×
Revenue, 12 months
$2.8B
−10% on a year ago
Net margin
0.5%
Free cash flow yield
32.8%

Hovnanian Enterprises trades at 118× trailing earnings, pricier than 97% of the last ten years. Revenue was $2.8B over the last twelve months, down 10% on a year earlier with a 0% net margin.

Charts

Financials

Income statement for HOV, by quarter
Income statementQ4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
$887M+0%$594.2M+15%$708.4M+1%$722.7M+11%$979.6M+10%$673.6M+13%$686.5M−3%$800.6M+11%$817.9M−17%$632M−6%$667.6M−3%$705.7M−12%
Cost of revenue$662.9M$469.4M+16%$553.3M−2%$572.7M+14%$769.3M+16%$553.7M+18%$566.3M+2%$679.2M+19%$702.8M−9%$528.6M−5%$555.8M−2%$599.2M−12%
Gross profit$224.2M$124.8M+15%$155.1M+10%$150M+2%$210.3M−6%$119.9M−4%$120.2M−23%$121.4M−19%$115.1M−45%$103.4M−14%$111.9M−7%$106.6M−12%
SG&A$55.5M$48.9M+2%$46.5M−8%$51M+7%$56.1M+1%$54.3M+11%$51.1M+10%$55.8M+9%$51.3M−9%$50.3M−7%$57M+12%$49.5M−11%
$783.5M+807%$485.9M+16%$608.1M+1%$611.5M+11%$864.9M+10%$562.7M+16%$580.8M−5%$671.9M+10%$682.4M−21%$520.2M−8%$549M−6%$593M−12%
Interest expensen/an/an/an/an/an/an/an/an/an/an/an/a
Pre-tax income$121.4M+33%$32.6M+80%$69.4M+50%$97.3M+38%$117.9M−3%$39.9M+22%$26.5M−62%$23.8M−76%−$4.1M$28.7M−28%$339K−99%−$2.8M
$24.1M−33%$8.7M$18.6M+55%$24.4M+67%$23.5M−3%$11.7M+35%$6.8M−63%$7.2M−71%−$3.4M$7.8M−33%$934K−86%−$560K
Net income$94.6M+79%$21.2M+32%$48.2M+53%$70.3M+32%$91.7M−3%$25.5M+20%$19.7M−59%$16.6M−76%−$3.3M$18.2M−29%−$284K−$1.8M
$12.82+79%$2.91+29%$6.66+49%$9.75+32%$12.76−1%$3.58+23%$2.43−64%$1.99−80%−$0.60$2.62−27%−$0.46−$0.70
6.7M−9%6.9M+7%6.9M+7%7M+5%6.9M+2%7.1M+2%7M+1%6.9M−2%6.5M−6%7M−2%6.4M−8%6.4M−7%

Cost of revenue: Q1 FY11: 6 months less the 3 months printed beside them.

Gross profit: Q1 FY11: 6 months less the 3 months printed beside them. 21 periods, Q2 FY11 to Q3 FY26: not printed by the filing, worked out from its own lines.

Operating income: 65 periods, Q3 FY10 to Q3 FY26: not printed by the filing, worked out from its own lines.

EPS, diluted: 8 periods, Q4 FY10 to Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: Q4 FY10 and Q4 FY25: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. Q1 FY19 and Q1 FY20: not printed by the filing, worked out from its own lines. Q4 FY19: a loss quarter: its basic count, printed 3 months. 4 periods, Q4 FY21 to Q4 FY24: share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in Residential Construction nearest Hovnanian Enterprises' size, closest first.

CompanyMarket capPEIts 10y median PEFwd PEP/SRevenue growthNet margin
HOVHovnanian Enterprises$603.6M118×6.2×0.2×−10%0.5%
SDHCSmith Douglas Homes$530.6M14.7×14.5×0.5×−1%0.6%
DFHDream Finders Homes$929.9M7.3×8.5×0.2×−12%3.5%
LGIHLGI Homes$987.4M14.9×11.1×0.6×−17%3.9%
CCSCentury Communities$1.6B12.7×9.0×0.4×−9%3.4%
GRBKGreen Brick Partners$2.8B9.7×9.4×1.4×−5%14.5%
KBHKB Home$2.9B13.3×10.0×0.6×−21%4.4%
MHOM/I Homes$3.1B11.8×7.6×0.7×−6%6.6%
GEOGEO$3.6B12.9×15.4×1.3×+15%10.3%
TPCTutor Perini$4B33.1×8.7×0.7×+25%2.1%
MTHMeritage Homes CORP$4.2B13.4×8.6×0.8×−13%6.1%
Peer median$2.8B13.1×9.2×0.6×−7%4.1%

More on Hovnanian Enterprises

Each number over time

Where it ranks

Its groups

About

Industry
Residential Construction
Sector
Consumer Cyclical

Valuation data, not investment advice. Prices as of .