HOVHovnanian Enterprises, Inc.

$101.41-21% 1Y

Is the price fair?

Fair

Neither cheap nor expensive: modest expectations priced in, but at the top of its own P/E range.

1 good, 1 to watch, 1 without data
What the price assumes~−22% a yearderived · Jul 31, 2026

Priced for a decline (~−22% a year). The price bakes in little to no growth.

Vs its own P/E rangedearer than 90% of its own historyderived

Expensive vs its own history: P/E 106.8 vs a 7.1 median over 21 quarters (+1410% vs median).

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What HOV's price assumes

Hovnanian Enterprises, Inc. trades at 107× earnings against 13.4× for the median Residential Construction name, more expensive than its own group.

107

Trailing P/E · Residential Construction median 13.4 · 7.98× the median: the market pays up for this one

Price / sales
0.28

Price / sales · as of 2026-Q3

Free cash flow yield
33%

Free cash flow yield · Residential Construction median 6.2%

Growth the price implies
−22%

Growth the price implies · The price pays for −22% free cash flow growth a year for a decade; the business has delivered −20% a year over the last three.

Details›
Price / bookas of 2026-Q3
0.97
EV / EBIToperating margin 1.3%: the multiple describes the denominator
not meaningful
Consumer Cyclical median P/E317 names
18.0
Residential Construction median P/E17 names
13.4
Free cash flow, trailing twelve months
$198M
Market capitalisation6.0 million shares, counted Aug 25, 2026
$604M
3-year revenue growth
+0.81%
3-year free cash flow growth
−20%
HOV has re-rated away from its own history, so multiplying the old multiple by today's earnings prices a full reversal, not the business
MethodPer share
What its own history would implynot meaningful, 107× today against a 7.07× median
52-week range$90.79 – $147.82
Today$101.41

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.

What is it worth?

Today's price against what its own multiples, its cash flow and your growth assumption say it is worth.

Against its own past

Its multiples now against their own history, and how much of the price move came from earnings rather than the multiple.