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Hovnanian Enterprises (Hovnanian Enterprises) EV-to-EBIT

: 6.00 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hovnanian Enterprises's Enterprise Value is $1,921 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 for today is 6.00.

The historical rank and industry rank for Hovnanian Enterprises's EV-to-EBIT or its related term are showing as below:

HOV' s EV-to-EBIT Range Over the Past 10 Years
Min: -1201.18   Med: 18.37   Max: 66.65
Current: 6

During the past 13 years, the highest EV-to-EBIT of Hovnanian Enterprises was 66.65. The lowest was -1201.18. And the median was 18.37.

HOV's EV-to-EBIT is ranked better than
82.56% of 86 companies
in the Homebuilding & Construction industry
Industry Median: 10.305 vs HOV: 6.00

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Hovnanian Enterprises's Enterprise Value for the quarter that ended in Jan. 2024 was $2,016 Mil. Hovnanian Enterprises's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $320 Mil. Hovnanian Enterprises's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 15.87%.


Hovnanian Enterprises EV-to-EBIT Historical Data

The historical data trend for Hovnanian Enterprises's EV-to-EBIT 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.

* Premium members only.

Hovnanian Enterprises Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.56 10.40 6.69 3.67 4.09

Hovnanian Enterprises Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.34 4.78 5.81 4.09 6.30

Competitive Comparison

For the Residential Construction subindustry, Hovnanian Enterprises's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution

For the Homebuilding & Construction industry and Consumer Cyclical sector, Hovnanian Enterprises's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hovnanian Enterprises's EV-to-EBIT falls into.



Hovnanian Enterprises EV-to-EBIT Calculation

Hovnanian Enterprises's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1920.763/319.907
=6.00

Hovnanian Enterprises's current Enterprise Value is $1,921 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.

* 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) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Hovnanian Enterprises's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jan. 2024 ) =EBIT / Enterprise Value (Q: Jan. 2024 )
=319.907/2016.3279114
=15.87 %

Hovnanian Enterprises's Enterprise Value for the quarter that ended in Jan. 2024 was $2,016 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.

* 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 EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Hovnanian Enterprises's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Hovnanian Enterprises (Hovnanian Enterprises) Business Description

Traded in Other Exchanges
Address
90 Matawan Road, Fifth Floor, Matawan, NJ, USA, 07747
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.
Executives
Vincent Jr Pagano director 90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747
Ara K Hovnanian director, 10 percent owner, officer: Chairman of Bd., Pres. & CEO 90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747
Edward A Kangas director 90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747
J Larry Sorsby director, officer: Exec. VP and CFO 90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747
Miriam Hernandez-kakol director 90 MATAWAN ROAD, 5TH FLOOR, MATAWAN NJ 07747
Park West Asset Management Llc 10 percent owner 1 LETTERMAN DRIVE, SUITE C5-900, SAN FRANCISCO CA 94129
Hovnanian Family 2012 L.l.c. 10 percent owner C/O ARA K. HOVNANIAN, 110 WEST FRONT STREET, P.O. BOX 500, RED BANK NJ 07701
Robin Stone Sellers director 90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747
Lucian T. Smith officer: Chief Operating Officer 90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747
Executors Of The Estate Of Kevork S. Hovnanian, Deceased 10 percent owner 425 LEXINGTON AVENUE, NEW YORK NY 10017
Thomas J. Pellerito officer: Chief Operating Officer 110 WEST FRONT STREET, RED BANK NJ 07701
Joseph A Marengi director C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682-2244
Brad G O'connor officer: VP & Chief Accounting Officer 90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747
Paul W Buchanan officer: SVP Corporate Controller 10 HIGHWAY 35, P O BOX 500, RED BANK NJ 07701
Peter S Reinhart officer: Sr. VP/General Counsel 10 HIGHWAY 35, P O BOX 500, RED BANK NJ 07701