Hovnanian Enterprises Stock Total Asset
| HOV Stock | USD 138.88 8.62 6.62% |
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.
| Last Reported | Projected for Next Year | ||
| Total Assets | 2.9 B | 1.9 B | |
| Intangibles To Total Assets | 0.01 | 0.01 |
Hovnanian | Total Asset |
Hovnanian Enterprises Company Total Asset Analysis
Hovnanian Enterprises' Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Hovnanian Enterprises Total Asset | 2.49 B |
Most of Hovnanian Enterprises' fundamental indicators, such as Total 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 Total 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 Total 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.
Click cells to compare fundamentals
Hovnanian Total Asset Historical Pattern
Today, most investors in Hovnanian Enterprises Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hovnanian Enterprises' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Hovnanian Enterprises total asset as a starting point in their analysis.
Hovnanian Enterprises Total Asset |
| Timeline |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
| Competition |
Hovnanian Total Assets
Total Assets |
|
Based on the latest financial disclosure, Hovnanian Enterprises has a Total Asset of 2.49 B. This is 97.98% lower than that of the Household Durables sector and 37.75% lower than that of the Consumer Discretionary industry. The total asset for all United States stocks is 91.54% higher than that of the company.
Hovnanian Total 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 Total 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 total asset category among related companies.
Hovnanian Enterprises Institutional Holders
Institutional Holdings refers to the ownership stake in Hovnanian Enterprises that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hovnanian Enterprises' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hovnanian Enterprises' value.| Shares | Assenagon Asset Management Sa | 2023-12-31 | 66.2 K | Acadian Asset Management Llc | 2023-12-31 | 65.4 K | Goldman Sachs Group Inc | 2023-12-31 | 57.9 K | Arrowstreet Capital Limited Partnership | 2023-12-31 | 55 K | Ubs Group Ag | 2023-12-31 | 53.3 K | Awh Capital, L.p. | 2023-12-31 | 47.4 K | Bridgeway Capital Management, Llc | 2023-12-31 | 47.3 K | Woodson Capital Management, Lp | 2023-12-31 | 45 K | Northern Trust Corp | 2023-12-31 | 42.9 K | Blackrock Inc | 2023-12-31 | 384.8 K | Vanguard Group Inc | 2023-12-31 | 264.4 K |
Hovnanian Fundamentals
| Return On Equity | 0.42 | ||||
| Return On Asset | 0.0721 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 1.94 B | ||||
| Shares Outstanding | 5.35 M | ||||
| Shares Owned By Insiders | 7.84 % | ||||
| Shares Owned By Institutions | 58.28 % | ||||
| 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 | 873.62 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hovnanian Enterprises in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hovnanian Enterprises' short interest history, or implied volatility extrapolated from Hovnanian Enterprises options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Hovnanian Enterprises Piotroski F Score and Hovnanian Enterprises Altman Z Score analysis. For more information on how to buy Hovnanian Stock please use our How to Invest in Hovnanian Enterprises guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Hovnanian Stock analysis
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.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |
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.