Hovnanian Enterprises's quarterly market cap
declined
from Jul. 2023 ($650 Mil) to Oct. 2023 ($423 Mil) but then
increased
from Oct. 2023 ($423 Mil) to Jan. 2024 ($1,030 Mil).
Hovnanian Enterprises's annual market cap
declined
from Oct. 2021 ($527 Mil) to Oct. 2022 ($245 Mil) but then
increased
from Oct. 2022 ($245 Mil) to Oct. 2023 ($423 Mil).
Enterprise Value is 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 and cash equivalents. Hovnanian Enterprises's Enterprise Value for Today is $1,901 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.
Competitive Comparison of Hovnanian Enterprises's Market Cap
For the Residential Construction subindustry, Hovnanian Enterprises's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Hovnanian Enterprises's Market Cap distribution charts can be found below:
* The bar in red indicates where Hovnanian Enterprises's Market Cap falls into.
Hovnanian Enterprises Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Hovnanian Enterprises's Market Cap 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) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Hovnanian Enterprises Market Cap Related Terms
Thank you for viewing the detailed overview of Hovnanian Enterprises's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
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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