Hovnanian Enterprises (Hovnanian Enterprises) FCF Yield % : 38.24 (As of May. 03, 2024)

Hovnanian Enterprises FCF Yield % Chart

Hovnanian Enterprises Annual Data
	Trend	Oct14	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22	Oct23
FCF Yield %		Get a 7-Day Free Trial					-330.57	377.00	261.26	19.44	77.60

Hovnanian Enterprises Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
FCF Yield %	Get a 7-Day Free Trial															-57.62	152.76	357.48	102.90	-35.42

Competitive Comparison of Hovnanian Enterprises's FCF Yield %

For the Residential Construction subindustry, Hovnanian Enterprises's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Hovnanian Enterprises's FCF Yield % Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Hovnanian Enterprises's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Hovnanian Enterprises's FCF Yield % falls into.

Hovnanian Enterprises FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Hovnanian Enterprises's FCF Yield % for the fiscal year that ended in Oct. 2023 is calculated as

Hovnanian Enterprises's annualized FCF Yield % for the quarter that ended in Jan. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hovnanian Enterprises FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Hovnanian Enterprises FCF Yield % Related Terms

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Hovnanian Enterprises (Hovnanian Enterprises) Business Description