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Hovnanian EnterprisesHOVVB 79 Equity-to-Asset is 0.29 as of Apr. 2026, which is 625% above its 10-year median of 0.04. GuruFocus rates HOVVB with a GF Score™ of 79/100 and a GF Value™ of $101.41. The stock has 9 warning signs investors should review. Among 95 Homebuilding & Construction companies, Hovnanian Enterprises ranks worse than 81.05% on this metric.
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Hovnanian Enterprises Equity-to-Asset Related Terms
Hovnanian Enterprises Equity-to-Asset Historical Data
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The historical data trend for Hovnanian Enterprises's Equity-to-Asset 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.
HOVVB vs LEGH, BZH, LGIH: Equity-to-Asset Comparison
For the Residential Construction subindustry, Hovnanian Enterprises's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Hovnanian Enterprises's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Hovnanian Enterprises's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Hovnanian Enterprises's Equity to Asset Ratio for the fiscal year that ended in Oct. 2025 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 (HOVVB) has a Equity-to-Asset of 0.29 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Hovnanian Enterprises and its competitors. This is 625% above median its historical median of 0.04. According to the industry distribution chart, Hovnanian Enterprises ranks #77 out of 95 companies in the Homebuilding & Construction industry, placing it in the top 81.1%.
Is Hovnanian Enterprises' Equity-to-Asset too high?
Hovnanian Enterprises' current Equity-to-Asset of 0.29 is 625% above median its 10-year median of 0.04. The Homebuilding & Construction industry median Equity-to-Asset is 0.46. Hovnanian Enterprises' value of 0.29 is 37% below this industry median. Based on the distribution chart, Hovnanian Enterprises ranks #77 out of 95 companies in the Homebuilding & Construction industry, which is in the bottom quartile relative to peers. Overall, Hovnanian Enterprises has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Hovnanian Enterprises' Equity-to-Asset compare to LEGH and BZH?
According to the Homebuilding & Construction industry distribution chart, Hovnanian Enterprises ranks #77 out of 95 companies for Equity-to-Asset. This places Hovnanian Enterprises in the lower half of its industry. The industry median Equity-to-Asset is 0.46. Hovnanian Enterprises' value of 0.29 is 37% below this benchmark. While the company's 10-year median is 0.04 vs. the industry median of 0.46, Hovnanian Enterprises has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Homebuilding & Construction company?
The median Equity-to-Asset among Homebuilding & Construction companies is 0.46, based on 95 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hovnanian Enterprises's current Equity-to-Asset of 0.29 is 37% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Hovnanian Enterprises and its competitors. For the Homebuilding & Construction industry, the median Equity-to-Asset is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hovnanian Enterprises's current Equity-to-Asset is 0.29, which is 625% above median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hovnanian Enterprises stock overvalued right now?
Hovnanian Enterprises (HOVVB) has a current Equity-to-Asset of 0.29. The stock's GF Value™ is $101.41, compared to a current price of $110.00 — trading 8.5% above its estimated fair value. The current Equity-to-Asset is 0.29, which is 625% above median its 10-year median of 0.04 and 37% below the Homebuilding & Construction industry median of 0.46. Hovnanian Enterprises' overall GF Score™ is 79/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Hovnanian Enterprises (HOVVB), the current Equity-to-Asset is 0.29 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hovnanian Enterprises (HOVVB) Overvalued in 2026?
Based on GuruFocus' analysis, Hovnanian Enterprises stock appears to be overvalued.
The current stock price of $110.00 is trading 8.5% above its estimated GF Value™ of $101.41.
Key valuation signals for HOVVB:
Equity-to-Asset: 0.29 (625% above median its 10-year median of 0.04)
GF Value™: $101.41 vs. price of $110.00 (8.5% above fair value)
Industry Position: 37% below the Homebuilding & Construction median (#77 of 95)
No single metric tells the full story. See the HOVVB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 the West Segment.
79GF Score
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