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Hovnanian Enterprises Inc (NYSE:HOV)
EV/EBITDA
31.87 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Hovnanian Enterprises Inc's enterprise value is $2,279 Mil. Hovnanian Enterprises Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Jul. 2015 was $72 Mil. Therefore, Hovnanian Enterprises Inc's EV/EBITDA ratio for today is 31.87.

HOV' s EV/EBITDA Range Over the Past 10 Years
Min: -426.6   Max: 1751.5
Current: 31.62

-426.6
1751.5

During the past 13 years, the highest EV/EBITDA Ratio of Hovnanian Enterprises Inc was 1751.50. The lowest was -426.60. And the median was -2.00.

HOV's EV/EBITDA is ranked lower than
86% of the 790 Companies
in the Global Residential Construction industry.

( Industry Median: 8.95 vs. HOV: 31.62 )

EV/EBITDA (Enterprise value/EBITDA) is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the P/E Ratio to determine the fair market value of a company.

As of today, Hovnanian Enterprises Inc's stock price is $1.42. Hovnanian Enterprises Inc's earnings per share for the trailing twelve months (TTM) ended in Jul. 2015 was $1.21. Therefore, Hovnanian Enterprises Inc's P/E Ratio for today is 1.17.

The "classic" EV/EBITDA ratio is much better in capturing debt and net cash than the P/E Ratio.


Definition

Hovnanian Enterprises Inc's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=2279.033/71.52
=31.87

Hovnanian Enterprises Inc's current Enterprise Value is $2,279 Mil.
Hovnanian Enterprises Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Jul. 2015 was 57.535 (Oct. 2014 ) + 6.24 (Jan. 2015 ) + -5.581 (Apr. 2015 ) + 13.326 (Jul. 2015 ) = $72 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

EV/EBITDA (Enterprise value/EBITDA) is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the P/E Ratio to determine the fair market value of a company.

Hovnanian Enterprises Inc's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=1.42/1.214
=1.17

Hovnanian Enterprises Inc's share price for today is $1.42.
Hovnanian Enterprises Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Jul. 2015 was 1.494 (Oct. 2014 ) + -0.1 (Jan. 2015 ) + -0.13 (Apr. 2015 ) + -0.05 (Jul. 2015 ) = $1.21.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Study has found that the companies with the lowest EV/EBITDA outperforms companies measured as cheap by other ratios such as P/E Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Related Terms

Enterprise Value, Earnings Before Depreciation and Amortization, P/E Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Hovnanian Enterprises Inc Annual Data

Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15
ev2ebitda 14.56-7.14-2.15-3.48-9.66-9.29751.1018.7520.5232.06

Hovnanian Enterprises Inc Quarterly Data

Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15
ev2ebitda 720.3718.7522.1522.0121.1620.5221.0326.1033.1332.06
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