HOV:NYE-Hovnanian Enterprises Inc. Class A (USD)

EQUITY | Residential Construction | New York Stock Exchange

Last Closing

USD 169.1

Change

-2.68 (-1.56)%

Market Cap

USD 0.27B

Volume

0.04M

Analyst Target

USD 27.00
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Hovnanian Enterprises Inc designs, constructs, markets and sells single-family detached homes, attached townhomes and condominiums, urban infill and active lifestyle homes in planned residential developments.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-21 )

Largest Industry Peers for Residential Construction

Symbol Name Price(Change) Market Cap
DHI DR Horton Inc

-0.68 (-0.47%)

USD 48.67B
LEN-B Lennar Corporation

-0.50 (-0.35%)

USD 42.40B
LEN Lennar Corporation

+0.06 (+0.04%)

USD 41.90B
PHM PulteGroup Inc

-1.38 (-1.20%)

USD 24.80B
NVR NVR Inc

-55.52 (-0.73%)

USD 23.94B
TOL Toll Brothers Inc

-1.46 (-1.21%)

USD 12.34B
MTH Meritage Corporation

-4.89 (-2.92%)

USD 6.42B
IBP Installed Building Products In..

-7.23 (-3.26%)

USD 6.08B
TMHC Taylor Morn Home

-0.82 (-1.46%)

USD 6.00B
KBH KB Home

-1.07 (-1.54%)

USD 5.40B

ETFs Containing HOV

IPRP:SW iShares European Property.. 16.26 % 0.00 %

N/A

USD 1.08B
IPRE:F iShares European Property.. 16.09 % 0.00 %

N/A

USD 1.33B
EURE:SW SPDR® FTSE EPRA Europe e.. 15.10 % 0.00 %

N/A

USD 0.10B
EEEH:PA BNP Paribas Easy FTSE EPR.. 9.90 % 0.00 %

-0.07 (0.44%)

N/A
EEEP:SW BNP Paribas Easy FTSE EPR.. 9.90 % 0.00 %

N/A

USD 0.03B
EEEH:SW BNP Paribas Easy FTSE EPR.. 9.90 % 0.00 %

N/A

USD 3.78M
GREAL:PA BNP Paribas Easy FTSE EPR.. 6.56 % 0.00 %

-0.10 (0.44%)

USD 0.22B
EEPG:F BNPP Easy - FTSE EPRA Nar.. 6.56 % 0.00 %

-0.08 (0.44%)

USD 0.22B
WPS iShares International Dev.. 3.44 % 0.48 %

-0.09 (0.44%)

USD 0.04B
XG11:XETRA Xtrackers MSCI Global SDG.. 3.26 % 0.00 %

-0.10 (0.44%)

USD 0.13B
RENT:AU 3.11 % 0.00 %

N/A

N/A
D6RT:XETRA Deka MSCI Germany Climate.. 3.01 % 0.00 %

-0.24 (0.44%)

USD 0.21B
R8T:XETRA abrdn Global Real Estate .. 2.68 % 0.00 %

+0.03 (+0.44%)

USD 0.01B
R8TA:XETRA abrdn Global Real Estate .. 2.68 % 0.00 %

-0.02 (0.44%)

USD 0.01B
VNQI Vanguard Global ex-U.S. R.. 2.61 % 0.12 %

+0.07 (+0.44%)

USD 3.48B
XDGI:XETRA Xtrackers MSCI Global SDG.. 2.47 % 0.00 %

+0.01 (+0.44%)

USD 0.01B
HPES:LSE HSBC FTSE EPRA NAREIT Dev.. 2.04 % 0.00 %

+0.04 (+0.44%)

USD 0.01B
HPNS:LSE HSBC FTSE EPRA NAREIT Dev.. 2.04 % 0.00 %

+0.04 (+0.44%)

USD 0.06B
ASRM:XETRA BNP Paribas Easy FTSE EPR.. 1.67 % 0.00 %

+0.03 (+0.44%)

USD 0.03B
GRCTB:PA BNP Paribas Easy FTSE EPR.. 1.67 % 0.00 %

-0.02 (0.44%)

N/A
IFEU 0.00 % 0.48 %

N/A

N/A
IFGL iShares International Dev.. 0.00 % 0.48 %

-0.04 (0.44%)

USD 0.11B
HAUZ Xtrackers International R.. 0.00 % 0.28 %

-0.05 (0.44%)

USD 0.71B
EURL:LSE 0.00 % 0.00 %

N/A

N/A
C003:F Lyxor DivDAX® (DR) UCITS.. 0.00 % 0.00 %

N/A

USD 0.08B
E903:F Lyxor 1 - DivDAX UCITS ET.. 0.00 % 0.00 %

-1.76 (0.44%)

USD 0.06B
EXSB:F iShares DivDAX UCITS ETF .. 0.00 % 0.00 %

-0.18 (0.44%)

USD 0.56B
C003:XETRA Amundi Index Solutions - .. 0.00 % 0.00 %

-0.23 (0.44%)

USD 0.08B
E903:XETRA Lyxor 1 DivDAX (DR) UCITS.. 0.00 % 0.00 %

-1.68 (0.44%)

USD 0.07B
EXSB:XETRA iShares DivDAX UCITS ETF .. 0.00 % 0.00 %

-0.19 (0.44%)

USD 0.57B
FCIV:CA Fidelity International Va.. 0.00 % 0.00 %

-0.54 (0.44%)

CAD 0.26B
TGRE:CA TD Active Global Real Est.. 0.00 % 0.00 %

N/A

CAD 0.07B
EEPG:XETRA BNP Paribas Easy FTSE EPR.. 0.00 % 0.00 %

-0.09 (0.44%)

USD 0.22B
EXSB:SW iShares DivDAX® UCITS ET.. 0.00 % 0.00 %

-0.36 (0.44%)

USD 2,635.27B

Market Performance

  Market Performance vs. Industry/Classification (Residential Construction) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 8.66% 45% F 67% D+
Dividend Return N/A N/A N/A N/A N/A
Total Return 8.66% 45% F 63% D
Trailing 12 Months  
Capital Gain 88.62% 90% A- 97% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 88.62% 90% A- 96% N/A
Trailing 5 Years  
Capital Gain 1,470.10% 100% F 99% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 1,470.10% 100% F 99% N/A
Average Annual (5 Year Horizon)  
Capital Gain 163.89% 100% F 98% N/A
Dividend Return 163.89% 100% F 98% N/A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 333.58% 5% F 2% F
Risk Adjusted Return 49.13% 25% F 72% C
Market Capitalization 0.27B 16% F 55% F

Key Financial Ratios

  Ratio vs. Industry/Classification (Residential Construction) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 6.25 85% 89%
Price/Book Ratio 1.83 42% 45%
Price / Cash Flow Ratio 4.90 94% 62%
Price/Free Cash Flow Ratio 5.70 95% 62%
Management Effectiveness  
Return on Equity 42.09% 95% 95%
Return on Invested Capital -265.97% 5% 1%
Return on Assets 7.21% 25% 84%
Debt to Equity Ratio 196.49% 5% 17%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector