Hovnanian Historical Valuation
| HOV Stock | USD 129.03 0.53 0.41% |
Some fundamental drivers such as market cap or Hovnanian Enterprises enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze Hovnanian Enterprises valuation indicators such as Enterprise Value of 746.2 M to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of Hovnanian Enterprises's future value.
Hovnanian |
About Hovnanian Valuation Data Analysis
Valuation is the financial process of determining what Hovnanian Enterprises is worth. Hovnanian Enterprises valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Hovnanian Enterprises valuation ratios help investors to determine whether Hovnanian Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hovnanian with respect to the benefits of owning Hovnanian Enterprises security.
Hovnanian Enterprises Valuation Data Chart
Hovnanian valuation ratios help to determine how cheap or expensive it is, compared to its peers or based on some benchmark measure of value for a given date. A typical valuation ratio shows the difference between the cost of Hovnanian equity instrument and the benefits of owning shares of Hovnanian Enterprises.
Market Cap is likely to drop to about 173.6 M in 2024. Enterprise Value is likely to drop to about 746.2 M in 2024 Working Capital
The difference between a company’s current assets and current liabilities, indicating the liquidity and operational efficiency of the business.Enterprise Value
Enterprise Value (or EV) is usually referred to as Hovnanian Enterprises theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Hovnanian Enterprises debt, but would also pocket its cash. Enterprise Value is more accurate representation of Hovnanian Enterprises value than its market capitalization because it takes into account all of Hovnanian Enterprises existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Building efficient market-beating portfolios requires time, education, and a lot of computing power!
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hovnanian Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Hovnanian Stock please use our How to Invest in Hovnanian Enterprises guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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.
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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.