Employees: 1,891
Size Hovnanian Enterprises (HOV) is a United States Consumer Discretionary company (Homebuilding) with a market value of $594M, the 2585th largest of 3,117 United States companies the cockpit tracks. Shares closed at $101.46 on 6 Nov 2026.
Performance Over six months the shares fell 5.8%, against -13.9% for the median peer and -1.1% for the United States market (cap-weighted) — 8th highest of 21 in its peer set.
Growth Revenue fell 10.2% over the last twelve months (peer median +3.0%); the operating margin is 3.0% (peer median 6.5%).
Valuation It trades at 25.4× forward earnings against a peer median of 9.4× (2nd most expensive of 11).
Price implies For today's price to make sense, revenue must grow about 5% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -0 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 4.9 points below its cost of capital (8.9% WACC).
Short interest Short interest is 8.8% of the free float (15 Oct 2026).
Next results Next results expected around 3 Dec 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $2.82B | $2.98B | $3.01B | $2.76B | $2.92B |
| Revenue growth | — | -1% | +9% | -6% | — |
| Gross profit | $383M | $421M | $591M | $580M | $642M |
| EBITDA | $100M | $142M | $348M | $321M | $349M |
| Net income | $17.6M | $61.9M | $234M | $190M | $206M |
| Free cash flow | $198M | $171M | $10.2M | $433M | $87.2M |
| Capital expenditure | $21.1M | $22.1M | $17.9M | $18.8M | $12.6M |
| Total debt | $975M | $957M | $1.02B | $1.17B | $1.31B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | HOV | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.8% | -0.5% | 8th lowest of 21 |
| 6-month return | -5.8% | -13.9% | 8th highest of 21 |
| Distance from 52-week high | -31.7% | -31.2% | 10th lowest of 21 |
| Revenue growth (TTM) | -10.2% | +3.0% | 5th lowest of 20 |
| Operating margin | 3.0% | 6.5% | 8th lowest of 20 |
| Forward P/E | 25.4× | 9.4× | 2nd most expensive of 11 |
| Growth the price implies (Req g, 7 yrs) | 4.8% | -9.2% | 4th most demanding of 15 |
| Growth delivered (Del g) | +4.9% | -0.9% | 4th highest of 15 |
| Hurdle (Req g minus delivered) | -0.1 pp | -7.2 pp | 7th most demanding of 15 |
| ROIC minus cost of capital | -4.9 pp | +2.0 pp | 6th lowest of 20 |
| Net debt / EBITDA | 6.8× | 1.1× | most indebted of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Hovnanian Enterprises HOV | United States | $594M | -6% | -10% | 3% | 25.4× | 4.8% | +4.9% |
| Kindom Development 2520.TW | Taiwan | $600M | +15% | +10% | 16% | 7.0× | -13.2% | -3.5% |
| Shenzhen Centralcon Investment 000042.SZ | China | $637M | -34% | +116% | 14% | n/a | -14.2% | -24.7% |
| Atal 1AT.WA | Poland | $668M | -5% | +40% | 26% | 5.7× | -3.9% | +1.8% |
| China Wuyi 000797.SZ | China | $517M | -24% | +78% | -5% | n/a | -8.0% | +4.2% |
| Legacy Housing LEGH | United States | $694M | +25% | -3% | 33% | 14.1× | 3.5% | -1.4% |
| Smith Douglas Homes SDHC | United States | $499M | -25% | 0% | 3% | 60.2× | n/a | n/a |
| GC Construction 1489.HK | Hong Kong | $495M | +646% | -51% | -23% | n/a | 30.4% | -10.0% |
| Cathay Real Estate Development 2501.TW | Taiwan | $719M | -9% | +14% | 19% | 6.8× | -20.7% | +11.7% |
| Tama Home 1419.T | Japan | $486M | -26% | +2% | 2% | 20.5× | n/a | n/a |
| Hangzhou Landscaping 605303.SS | China | $484M | -17% | -34% | -27% | n/a | n/a | n/a |
| Nagawa 9663.T | Japan | $475M | -8% | +3% | 13% | n/a | 4.9% | +3.8% |
| BOXABL BXBL | United States | $466M | -81% | n/a | n/a | n/a | n/a | n/a |
| Takamatsu Construction 1762.T | Japan | $769M | +16% | +6% | 6% | 9.5× | n/a | n/a |
| Chongqing Construction Engineering 600939.SS | China | $773M | -11% | -28% | -4% | n/a | -7.9% | -16.8% |
| Tokyu Construction 1720.T | Japan | $774M | -21% | +11% | 5% | 9.3× | -13.6% | +8.1% |
| Mears MER.L | United Kingdom | $455M | +9% | +2% | 6% | 9.7× | -10.5% | +7.1% |
| YeaShin International Development 5213.TWO | Taiwan | $448M | -24% | -32% | 18% | n/a | n/a | n/a |
| Kaufman & Broad KOF.PA | France | $437M | -19% | 0% | 8% | 7.3× | -16.2% | -0.5% |
| Run Long Construction 1808.TW | Taiwan | $844M | +10% | +741% | 25% | n/a | -12.0% | -3.2% |
| Shanghai Tongji Science & Technology Industrial 600846.SS | China | $870M | -27% | +51% | 3% | n/a | 7.8% | -6.8% |