Hovnanian Enterprises Stock Return On Asset
| HOV Stock | USD 129.03 0.53 0.41% |
Hovnanian Enterprises fundamentals help investors to digest information that contributes to Hovnanian Enterprises' financial success or failures. It also enables traders to predict the movement of Hovnanian Stock. The fundamental analysis module provides a way to measure Hovnanian Enterprises' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hovnanian Enterprises stock.
Return On Assets is likely to climb to 0.1 in 2024. Hovnanian | Return On Asset |
Hovnanian Enterprises Company Return On Asset Analysis
Hovnanian Enterprises' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Hovnanian Enterprises Return On Asset | 0.0721 |
Most of Hovnanian Enterprises' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hovnanian Enterprises is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Hovnanian Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Hovnanian Enterprises is extremely important. It helps to project a fair market value of Hovnanian Stock properly, considering its historical fundamentals such as Return On Asset. Since Hovnanian Enterprises' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hovnanian Enterprises' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hovnanian Enterprises' interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Hovnanian Total Assets
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Based on the latest financial disclosure, Hovnanian Enterprises has a Return On Asset of 0.0721. This is 93.39% lower than that of the Household Durables sector and 96.68% lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is 151.5% lower than that of the firm.
Hovnanian Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hovnanian Enterprises' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hovnanian Enterprises could also be used in its relative valuation, which is a method of valuing Hovnanian Enterprises by comparing valuation metrics of similar companies.Hovnanian Enterprises is currently under evaluation in return on asset category among related companies.
Hovnanian Fundamentals
| Return On Equity | 0.42 | ||||
| Return On Asset | 0.0721 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 1.9 B | ||||
| Shares Outstanding | 5.35 M | ||||
| Shares Owned By Insiders | 7.84 % | ||||
| Shares Owned By Institutions | 58.30 % | ||||
| Number Of Shares Shorted | 157.18 K | ||||
| Price To Earning | 1.51 X | ||||
| Price To Book | 1.83 X | ||||
| Price To Sales | 0.31 X | ||||
| Revenue | 2.76 B | ||||
| Gross Profit | 581.67 M | ||||
| EBITDA | 335.67 M | ||||
| Net Income | 205.89 M | ||||
| Cash And Equivalents | 326.2 M | ||||
| Cash Per Share | 35.20 X | ||||
| Total Debt | 1.14 B | ||||
| Debt To Equity | 4.21 % | ||||
| Current Ratio | 4.87 X | ||||
| Book Value Per Share | 77.40 X | ||||
| Cash Flow From Operations | 214.69 M | ||||
| Short Ratio | 1.94 X | ||||
| Earnings Per Share | 27.53 X | ||||
| Price To Earnings To Growth | 1.22 X | ||||
| Target Price | 27.0 | ||||
| Number Of Employees | 1.72 K | ||||
| Beta | 2.62 | ||||
| Market Capitalization | 840.69 M | ||||
| Total Asset | 2.49 B | ||||
| Retained Earnings | (157.2 M) | ||||
| Working Capital | 1.32 B | ||||
| Current Asset | 2.06 B | ||||
| Current Liabilities | 671.09 M | ||||
| Net Asset | 2.49 B |
About Hovnanian Enterprises Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hovnanian Enterprises's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hovnanian Enterprises using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hovnanian Enterprises based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running Hovnanian Enterprises' price analysis, check to measure Hovnanian Enterprises' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hovnanian Enterprises is operating at the current time. Most of Hovnanian Enterprises' value examination focuses on studying past and present price action to predict the probability of Hovnanian Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hovnanian Enterprises' price. Additionally, you may evaluate how the addition of Hovnanian Enterprises to your portfolios can decrease your overall portfolio volatility.
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Is Hovnanian Enterprises' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hovnanian Enterprises. If investors know Hovnanian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hovnanian Enterprises listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.288 | Earnings Share 27.53 | Revenue Per Share 449.441 | Quarterly Revenue Growth 0.153 | Return On Assets 0.0721 |
The market value of Hovnanian Enterprises is measured differently than its book value, which is the value of Hovnanian that is recorded on the company's balance sheet. Investors also form their own opinion of Hovnanian Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Hovnanian Enterprises' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hovnanian Enterprises' market value can be influenced by many factors that don't directly affect Hovnanian Enterprises' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hovnanian Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hovnanian Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hovnanian Enterprises' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.