Hovnanian Enterprises Inc (HOV)

Current price: $102.45

These defaults work well for most companies. Only adjust them if you have a specific view on this business's risk profile or long-term growth prospects.

Discount Rate

Your required annual return on investmentTerminal Growth Rate

Long-run growth rate beyond projection period (≤ GDP growth)

Graham Number

√(22.5 × EPS × Book Value per Share)

$141.97

+39% upside

Earnings Power Value

Normalized after-tax earnings ÷ required return (zero-growth)

$258.72

+153% upside

DCF Fair Value

Projected free cash flow discounted to present value + terminal value

—

127% downside

Free cash flow has been highly variable — this estimate carries more uncertainty than usual.

P/E Fair Value

Earnings per share × target P/E multiple

$111.45

+9% upside

Target P/E Multiple

Long-run historical average: 5×

Valuation estimates are models, not investment advice. They are highly sensitive to the assumptions chosen and carry significant uncertainty. Past fundamentals do not guarantee future performance.