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Also traded in: Germany, USA

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry
vs
history
Cash-to-Debt 0.16
HOV's Cash-to-Debt is ranked lower than
79% of the 761 Companies
in the Global Residential Construction industry.

( Industry Median: 2.09 vs. HOV: 0.16 )
Ranked among companies with meaningful Cash-to-Debt only.
HOV' s Cash-to-Debt Range Over the Past 10 Years
Min: 0  Med: 0.07 Max: 0.37
Current: 0.16
0
0.37
Equity-to-Asset -0.26
HOV's Equity-to-Asset is ranked lower than
95% of the 718 Companies
in the Global Residential Construction industry.

( Industry Median: 0.45 vs. HOV: -0.26 )
Ranked among companies with meaningful Equity-to-Asset only.
HOV' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.34  Med: 0.29 Max: 0.42
Current: -0.26
-0.34
0.42
Debt-to-Equity -3.68
HOV's Debt-to-Equity is ranked lower than
99.99% of the 432 Companies
in the Global Residential Construction industry.

( Industry Median: 0.61 vs. HOV: -3.68 )
Ranked among companies with meaningful Debt-to-Equity only.
HOV' s Debt-to-Equity Range Over the Past 10 Years
Min: -17.61  Med: 1.51 Max: 34.6
Current: -3.68
-17.61
34.6
Debt-to-EBITDA 24.87
HOV's Debt-to-EBITDA is ranked lower than
95% of the 551 Companies
in the Global Residential Construction industry.

( Industry Median: 3.49 vs. HOV: 24.87 )
Ranked among companies with meaningful Debt-to-EBITDA only.
HOV' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.28  Med: 5.97 Max: 594.69
Current: 24.87
-9.28
594.69
Interest Coverage 1.27
HOV's Interest Coverage is ranked lower than
83% of the 602 Companies
in the Global Residential Construction industry.

( Industry Median: 17.32 vs. HOV: 1.27 )
Ranked among companies with meaningful Interest Coverage only.
HOV' s Interest Coverage Range Over the Past 10 Years
Min: 0.49  Med: 1.13 Max: 1.27
Current: 1.27
0.49
1.27
Piotroski F-Score: 5
Altman Z-Score: 1.29
Beneish M-Score: -4.32
WACC vs ROIC
1.69%
13.65%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating Margin % 4.56
HOV's Operating Margin % is ranked higher than
57% of the 746 Companies
in the Global Residential Construction industry.

( Industry Median: 3.42 vs. HOV: 4.56 )
Ranked among companies with meaningful Operating Margin % only.
HOV' s Operating Margin % Range Over the Past 10 Years
Min: -57.51  Med: -4.73 Max: 5.55
Current: 4.56
-57.51
5.55
Net Margin % -12.69
HOV's Net Margin % is ranked lower than
86% of the 747 Companies
in the Global Residential Construction industry.

( Industry Median: 2.49 vs. HOV: -12.69 )
Ranked among companies with meaningful Net Margin % only.
HOV' s Net Margin % Range Over the Past 10 Years
Min: -44.9  Med: -2.61 Max: 14.89
Current: -12.69
-44.9
14.89
ROA % -14.80
HOV's ROA % is ranked lower than
90% of the 775 Companies
in the Global Residential Construction industry.

( Industry Median: 2.20 vs. HOV: -14.80 )
Ranked among companies with meaningful ROA % only.
HOV' s ROA % Range Over the Past 10 Years
Min: -27.5  Med: -2.35 Max: 15.17
Current: -14.8
-27.5
15.17
ROC (Joel Greenblatt) % 8.05
HOV's ROC (Joel Greenblatt) % is ranked lower than
55% of the 765 Companies
in the Global Residential Construction industry.

( Industry Median: 9.88 vs. HOV: 8.05 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
HOV' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -40.03  Med: -8.77 Max: 17.04
Current: 8.05
-40.03
17.04
3-Year Revenue Growth Rate 17.90
HOV's 3-Year Revenue Growth Rate is ranked higher than
87% of the 713 Companies
in the Global Residential Construction industry.

( Industry Median: -0.80 vs. HOV: 17.90 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
HOV' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -40.1  Med: 8.7 Max: 33.5
Current: 17.9
-40.1
33.5
3-Year EBITDA Growth Rate -3.30
HOV's 3-Year EBITDA Growth Rate is ranked lower than
62% of the 630 Companies
in the Global Residential Construction industry.

( Industry Median: 3.20 vs. HOV: -3.30 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
HOV' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -58.4  Med: 14.8 Max: 179.1
Current: -3.3
-58.4
179.1
GuruFocus has detected 2 Warning Signs with Hovnanian Enterprises Inc HOV.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» HOV's 30-Y Financials

Financials (Next Earnings Date: 2017-12-08)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q4 2016

HOV Guru Trades in Q4 2016

Jim Simons 2,411,502 sh (New)
Charles Brandes 47,110 sh (+16.22%)
» More
Q1 2017

HOV Guru Trades in Q1 2017

Jim Simons 4,625,402 sh (+91.81%)
Charles Brandes 56,630 sh (+20.21%)
» More
Q2 2017

HOV Guru Trades in Q2 2017

Charles Brandes 56,630 sh (unchged)
Jim Simons 4,463,402 sh (-3.50%)
» More
Q3 2017

HOV Guru Trades in Q3 2017

Charles Brandes Sold Out
Jim Simons 4,439,902 sh (-0.53%)
» More
» Details

Insider Trades

Latest Guru Trades with HOV

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Charles Brandes 2017-09-30 Sold Out $1.72 - $2.96 $ 2.7528%0
Charles Brandes 2017-03-31 Add 20.21%$2.09 - $2.78 $ 2.7517%56,630
Charles Brandes 2016-12-31 Add 16.22%$1.54 - $2.89 $ 2.7538%47,110
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Preferred stocks of Hovnanian Enterprises Inc

SymbolPriceYieldDescription
HOVNP7.090.00Pfd Shs Series -A-

Business Description

Industry: Homebuilding & Construction » Residential Construction    NAICS: 237210    SIC: 6552
Compare:HKSE:03708, BSP:TEND3, NAS:AVHI, TSE:9639, TSE:1916, LSE:TEF, TSE:1873, TSE:1868, NYSE:NWHM, NGO:1869, TSE:6073, XTER:H5E, TSE:8917, MEX:ARA, WAR:1AT, TSE:1419, XPAR:MFC, OSTO:SSM, LSE:GLE, TSE:1407 » details
Traded in other countries:HO3.Germany, HOVVB.USA,
Headquarter Location:USA
Hovnanian Enterprises Inc is an American construction company. It designs, constructs, markets and sells single-family detached homes, attached townhomes and condominiums, urban infill and active lifestyle homes in planned residential developments.

Hovnanian Enterprises is an American construction company that focuses on residential construction. The company specializes in single-family housing and multi-unit building construction in Texas, Arizona, California, Virginia, Florida, Illinois, Ohio, and Pennsylvania. Hovnanian Enterprises builds homes and communities that target first-time, move-up, and luxury homebuyers. Historically, homes sales around Texas, especially Houston, Arizona, and California have been the leading sources of revenue for Hovnanian Enterprises. The company also focuses on land purchasing and development to support future construction efforts as well as mortgage services for its homebuyers.

Top Ranked Articles about Hovnanian Enterprises Inc

Hovnanian Enterprises’ Presentation at the Deutsche Bank 2017 Leveraged Finance Conference to be Webcast Live
Hovnanian Enterprises Announces Third Quarter Fiscal Year 2017 Earnings Release and Conference Call
K. Hovnanian Enterprises, Inc. Announces Expiration of Tender Offers for Certain of Its Senior Secured Notes and Satisfaction and Discharge of Indentures Relating Thereto
K. Hovnanian Enterprises, Inc. Announces New Senior Notes Offering
K. Hovnanian Announces Completion of Early Tender Period in Respect of the Tender Offer for Its 10.000% Senior Secured Notes Due 2018, Extension of Early Tender Period in Respect of the Tender Offers for Its 9.125% Senior Secured Notes Due 2020 and 7.250%
Hovnanian Enterprises’ Presentation at the J.P. Morgan Homebuilding and Building Products Conference to be Webcast Live
Hovnanian Enterprises Announces First Quarter Fiscal Year 2017 Earnings Release and Conference Call

RED BANK, N.J., Feb. 23, 2017 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:NYSE:HOV), a leading national homebuilder, will release financial results for the first quarter ended January 31, 2017 the morning of Wednesday, March 8, 2017. The Company will webcast its first quarter earnings conference call at 11:00 a.m. (ET) on Wednesday, March 8, 2017.
The conference call and accompanying slide presentation will be webcast live through the “Investor Relations” section of Hovnanian Enterprises’ website at http://www.khov.com. It is suggested that participants access the webcast event page at least five minutes before the live event. For those who are not available to listen to the live webcast, an archive of the broadcast will be available under the “Past Events” section of the “Investor Relations” page on the Hovnanian website at http://www.khov.com. The telephone replay will be available for one week and the webcast archive will be available for 12 months. About Hovnanian Enterprises®
Hovnanian Enterprises, Inc., founded in 1959 by Kevork S. Hovnanian, is headquartered in Red Bank, New Jersey. The Company is one of the nation’s largest homebuilders with operations in Arizona, California, Delaware, Florida, Georgia, Illinois, Maryland, New Jersey, Ohio, Pennsylvania, South Carolina, Texas, Virginia, Washington, D.C. and West Virginia. The Company’s homes are marketed and sold under the trade names K. Hovnanian® Homes, Brighton Homes® and Parkwood Builders. As the developer of K. Hovnanian’s® Four Seasons communities, the Company is also one of the nation’s largest builders of active lifestyle communities. Additional information on Hovnanian Enterprises, Inc., including a summary investment profile and the Company’s 2016 annual report, can be accessed through the “Investor Relations” section of the Hovnanian Enterprises’ website at http://www.khov.com. To be added to Hovnanian's investor e-mail or fax lists, please send an e-mail to [email protected] or sign up at http://www.khov.com.
Contact:

J. Larry Sorsby
Executive Vice President & CFO
732-747-7800

Jeffrey T. O’Keefe
Vice President of Investor Relations
732-747-7800


Read more...

Ratios

vs
industry
vs
history
Price-to-Owner-Earnings 1.72
HOV's Price-to-Owner-Earnings is ranked higher than
97% of the 234 Companies
in the Global Residential Construction industry.

( Industry Median: 16.40 vs. HOV: 1.72 )
Ranked among companies with meaningful Price-to-Owner-Earnings only.
HOV' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 0.66  Med: 1.84 Max: 914.29
Current: 1.72
0.66
914.29
PS Ratio 0.16
HOV's PS Ratio is ranked higher than
93% of the 732 Companies
in the Global Residential Construction industry.

( Industry Median: 0.78 vs. HOV: 0.16 )
Ranked among companies with meaningful PS Ratio only.
HOV' s PS Ratio Range Over the Past 10 Years
Min: 0.02  Med: 0.19 Max: 0.6
Current: 0.16
0.02
0.6
Price-to-Free-Cash-Flow 1.20
HOV's Price-to-Free-Cash-Flow is ranked higher than
97% of the 174 Companies
in the Global Residential Construction industry.

( Industry Median: 13.04 vs. HOV: 1.20 )
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
HOV' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 0.09  Med: 1.07 Max: 56.67
Current: 1.2
0.09
56.67
Price-to-Operating-Cash-Flow 1.18
HOV's Price-to-Operating-Cash-Flow is ranked higher than
97% of the 240 Companies
in the Global Residential Construction industry.

( Industry Median: 10.88 vs. HOV: 1.18 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
HOV' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 0.09  Med: 1.05 Max: 44.65
Current: 1.18
0.09
44.65
EV-to-EBIT 30.40
HOV's EV-to-EBIT is ranked lower than
76% of the 592 Companies
in the Global Residential Construction industry.

( Industry Median: 12.58 vs. HOV: 30.40 )
Ranked among companies with meaningful EV-to-EBIT only.
HOV' s EV-to-EBIT Range Over the Past 10 Years
Min: -1238.8  Med: -2.4 Max: 144.2
Current: 30.4
-1238.8
144.2
EV-to-EBITDA 28.58
HOV's EV-to-EBITDA is ranked lower than
81% of the 621 Companies
in the Global Residential Construction industry.

( Industry Median: 10.05 vs. HOV: 28.58 )
Ranked among companies with meaningful EV-to-EBITDA only.
HOV' s EV-to-EBITDA Range Over the Past 10 Years
Min: -426.6  Med: -2 Max: 1751.5
Current: 28.58
-426.6
1751.5
EV-to-Revenue 0.78
HOV's EV-to-Revenue is ranked higher than
62% of the 738 Companies
in the Global Residential Construction industry.

( Industry Median: 1.04 vs. HOV: 0.78 )
Ranked among companies with meaningful EV-to-Revenue only.
HOV' s EV-to-Revenue Range Over the Past 10 Years
Min: 0.6  Med: 1.1 Max: 1.7
Current: 0.78
0.6
1.7
Current Ratio 2.66
HOV's Current Ratio is ranked higher than
70% of the 514 Companies
in the Global Residential Construction industry.

( Industry Median: 1.66 vs. HOV: 2.66 )
Ranked among companies with meaningful Current Ratio only.
HOV' s Current Ratio Range Over the Past 10 Years
Min: 1.48  Med: 3.87 Max: 10.14
Current: 2.66
1.48
10.14
Quick Ratio 0.51
HOV's Quick Ratio is ranked lower than
78% of the 514 Companies
in the Global Residential Construction industry.

( Industry Median: 0.97 vs. HOV: 0.51 )
Ranked among companies with meaningful Quick Ratio only.
HOV' s Quick Ratio Range Over the Past 10 Years
Min: 0.2  Med: 0.69 Max: 2.55
Current: 0.51
0.2
2.55
Days Inventory 215.42
HOV's Days Inventory is ranked lower than
85% of the 681 Companies
in the Global Residential Construction industry.

( Industry Median: 82.10 vs. HOV: 215.42 )
Ranked among companies with meaningful Days Inventory only.
HOV' s Days Inventory Range Over the Past 10 Years
Min: 215.42  Med: 278.72 Max: 323.41
Current: 215.42
215.42
323.41
Days Payable 24.59
HOV's Days Payable is ranked lower than
70% of the 600 Companies
in the Global Residential Construction industry.

( Industry Median: 43.11 vs. HOV: 24.59 )
Ranked among companies with meaningful Days Payable only.
HOV' s Days Payable Range Over the Past 10 Years
Min: 15  Med: 32.81 Max: 81.35
Current: 24.59
15
81.35

Buy Back

vs
industry
vs
history
3-Year Average Share Buyback Ratio -1.90
HOV's 3-Year Average Share Buyback Ratio is ranked lower than
55% of the 324 Companies
in the Global Residential Construction industry.

( Industry Median: -0.90 vs. HOV: -1.90 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
HOV' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -21.5  Med: -2.8 Max: 6.4
Current: -1.9
-21.5
6.4

Valuation & Return

vs
industry
vs
history
Price-to-Median-PS-Value 0.84
HOV's Price-to-Median-PS-Value is ranked higher than
92% of the 684 Companies
in the Global Residential Construction industry.

( Industry Median: 1.21 vs. HOV: 0.84 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
HOV' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.25  Med: 1.49 Max: 4.89
Current: 0.84
0.25
4.89
Earnings Yield (Greenblatt) % 3.30
HOV's Earnings Yield (Greenblatt) % is ranked lower than
58% of the 770 Companies
in the Global Residential Construction industry.

( Industry Median: 5.50 vs. HOV: 3.30 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
HOV' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: -59.2  Med: -1 Max: 6.2
Current: 3.3
-59.2
6.2
Forward Rate of Return (Yacktman) % -173.32
HOV's Forward Rate of Return (Yacktman) % is ranked lower than
99% of the 337 Companies
in the Global Residential Construction industry.

( Industry Median: 9.32 vs. HOV: -173.32 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
HOV' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -379  Med: -21.8 Max: 125.1
Current: -173.32
-379
125.1

More Statistics

Revenue (TTM) (Mil) $2,535.05
EPS (TTM) $ -2.18
Beta2.32
Short Percentage of Float7.06%
52-Week Range $1.66 - 2.98
Shares Outstanding (Mil)147.59

Analyst Estimate

Oct17 Oct18 Oct19
Revenue (Mil $) 2,315 2,296 2,438
EPS ($) -0.09 -0.04 0.06
EPS without NRI ($) -0.09 -0.04 0.06
EPS Growth Rate
(Future 3Y To 5Y Estimate)
N/A
Dividends per Share ($)

Piotroski F-Score Details

Piotroski F-Score: 55
Positive ROAN
Positive CFROAY
Higher ROA yoyN
CFROA > ROAY
Lower Leverage yoyN
Higher Current Ratio yoyY
Less Shares Outstanding yoyN
Higher Gross Margin yoyY
Higher Asset Turnover yoyY

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