Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hovnanian Enterprises's Enterprise Value is $1,901 Mil.
Hovnanian Enterprises's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $320 Mil. Therefore, Hovnanian Enterprises's EV-to-EBIT ratio for today is 5.94.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Hovnanian Enterprises's Enterprise Value is $1,901 Mil.
Hovnanian Enterprises's EBITDA for the trailing twelve months (TTM) ended in Jan. 2024 was $329 Mil. Therefore, Hovnanian Enterprises's EV-to-EBITDA ratio for today is 5.78.
Hovnanian Enterprises Enterprise Value Historical Data
The historical data trend for Hovnanian Enterprises's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Hovnanian Enterprises's Enterprise Value
For the Residential Construction subindustry, Hovnanian Enterprises's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hovnanian Enterprises's Enterprise Value Distribution in the Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Hovnanian Enterprises's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Hovnanian Enterprises's Enterprise Value falls into.
Hovnanian Enterprises Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Hovnanian Enterprises's Enterprise Value for the fiscal year that ended in Oct. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hovnanian Enterprises (NYSE:HOV) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Hovnanian Enterprises's current Enterprise Value is $1,901 Mil.
Hovnanian Enterprises's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $320 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Hovnanian Enterprises's EV-to-EBITDA for today is:
Hovnanian Enterprises's current Enterprise Value is $1,901 Mil.
Hovnanian Enterprises's EBITDA for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $329 Mil.
Hovnanian Enterprises's current Enterprise Value is $1,901 Mil.
Hovnanian Enterprises's Revenue for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,835 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hovnanian Enterprises Enterprise Value Related Terms
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Hovnanian Enterprises (Hovnanian Enterprises) Business Description
Hovnanian Enterprises Inc conducts all of its homebuilding and financial services operations . The company designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes in planned residential developments. It has two distinct operations: homebuilding and financial services. Its homebuilding operations are divided geographically into three segments; Northeast which includes Delaware, Maryland, New Jersey, Ohio, Pennsylvania, Virginia and West Virginia; Southeast which includes Florida, Georgia and South Carolina; and West which includes Arizona, California and Texas. The firm generates maximum revenue from West Segment.
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