HOV - NYSE
Hovnanian Enterprises, Inc.
$110.15
-0.14%Hovnanian Enterprises, Inc. engages in the design, construction, marketing, and sale of residential homes in the United States. It offers single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes with amenities, such as clubhouses, swimming pools, tennis courts, tot lots, and open areas. The company markets and builds homes for first-time buyers, first-time and second-time move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters. It also provides mortgage loans and title insurance services. The company was founded in 1959 and is headquartered in Matawan, New Jersey.
At a Glance
Live SnapshotHovnanian Enterprises, Inc. Fair Value Envelope
Owner Earnings Valuation Tool
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Owner Earnings Projections
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $376.6M | $753.1M | $1.5B | $3.0B | $6.0B | $12.0B | $24.1B | $48.2B | $96.4B | $192.8B |
| Maintenance CapEx | -$8.8M | -$17.7M | -$35.4M | -$70.7M | -$141.4M | -$282.8M | -$565.7M | -$1.1B | -$2.3B | -$4.5B |
| Owner Earnings | $367.7M | $735.4M | $1.5B | $2.9B | $5.9B | $11.8B | $23.5B | $47.1B | $94.1B | $188.3B |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $340.5M | $630.5M | $1.2B | $2.2B | $4.0B | $7.4B | $13.7B | $25.4B | $47.1B | $87.2B |
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