Hovnanian Enterprises Stock

Hovnanian Enterprises ROCE 2024

Hovnanian Enterprises ROCE

0.58

Ticker

HOV

ISIN

US4424874018

WKN

A2N69Z

In 2024, Hovnanian Enterprises's return on capital employed (ROCE) was 0.58, a -45.09% increase from the 1.05 ROCE in the previous year.

Hovnanian Enterprises Aktienanalyse

What does Hovnanian Enterprises do?

Hovnanian Enterprises Inc. is an American company founded in 1959 by Kevork S. Hovnanian. The company is headquartered in Red Bank, New Jersey and operates in the construction industry. The company is involved in the construction and sale of residential properties. It develops and builds a variety of residential properties, ranging from single-family homes to multi-family homes and large luxury properties. The company operates in three different divisions, each offering different products and services. The first division, K. Hovnanian Homes, develops and builds single-family homes, townhouses, and condominiums in various price ranges and sizes. This division mainly focuses on selling properties to individuals and families. The second division, K. Hovnanian Senior Housing Services, specializes in the development and construction of senior living communities. This includes assisted living, independent living, and nursing homes for seniors. This division provides services for older adults who require assistance with daily living or have special needs. The third division, K. Hovnanian American Mortgage LLC, offers financial services for homebuyers. This includes mortgage and refinancing services. This division sets the company apart from other construction companies by offering one-stop financing for its properties. The company's business model is primarily based on the construction, development, and sale of residential properties. However, the company also has other business areas, such as property management and maintenance services, as well as property leasing. Hovnanian Enterprises Inc. has received numerous awards and recognition over the years for the quality of its properties and services. The company places great importance on customer satisfaction and strives to offer high-quality properties at reasonable prices. Overall, Hovnanian Enterprises Inc. is a reputable company in the construction industry that is able to develop and offer high-quality properties due to its extensive experience and expertise. The company specializes in building and developing properties for various clients and also offers additional services. Hovnanian Enterprises ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Hovnanian Enterprises's Return on Capital Employed (ROCE)

Hovnanian Enterprises's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Hovnanian Enterprises's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Hovnanian Enterprises's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Hovnanian Enterprises’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Hovnanian Enterprises stock

What is the ROCE (Return on Capital Employed) of Hovnanian Enterprises this year?

The ROCE of Hovnanian Enterprises is 0.58 undefined this year.

How has the ROCE (Return on Capital Employed) of Hovnanian Enterprises developed compared to the previous year?

The ROCE of Hovnanian Enterprises has increased by -45.09% decreased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Hovnanian Enterprises?

A high Return on Capital Employed (ROCE) indicates that Hovnanian Enterprises has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Hovnanian Enterprises?

A low ROCE (Return on Capital Employed) can indicate that Hovnanian Enterprises has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Hovnanian Enterprises impact the company?

An increase in the ROCE of Hovnanian Enterprises can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Hovnanian Enterprises affect the company?

A decrease in ROCE of Hovnanian Enterprises can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Hovnanian Enterprises?

Some factors that can affect Hovnanian Enterprises's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Hovnanian Enterprises so important for investors?

The ROCE of Hovnanian Enterprises is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Hovnanian Enterprises take to improve the ROCE?

To improve the ROCE, Hovnanian Enterprises can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Hovnanian Enterprises pay?

Over the past 12 months, Hovnanian Enterprises paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Hovnanian Enterprises is expected to pay a dividend of 0 USD.

What is the dividend yield of Hovnanian Enterprises?

The current dividend yield of Hovnanian Enterprises is .

When does Hovnanian Enterprises pay dividends?

Hovnanian Enterprises pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Hovnanian Enterprises?

Hovnanian Enterprises paid dividends every year for the past 0 years.

What is the dividend of Hovnanian Enterprises?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Hovnanian Enterprises located?

Hovnanian Enterprises is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Hovnanian Enterprises kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hovnanian Enterprises from 9/29/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/29/2024.

When did Hovnanian Enterprises pay the last dividend?

The last dividend was paid out on 9/29/2024.

What was the dividend of Hovnanian Enterprises in the year 2023?

In the year 2023, Hovnanian Enterprises distributed 0 USD as dividends.

In which currency does Hovnanian Enterprises pay out the dividend?

The dividends of Hovnanian Enterprises are distributed in USD.

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Andere Kennzahlen von Hovnanian Enterprises

Our stock analysis for Hovnanian Enterprises Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hovnanian Enterprises Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.