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Hovnanian Enterprises Inc (HOVNP.PFD) Files 10-K for the Fiscal Year Ended on October 31, 2018

- By insider

Hovnanian Enterprises Inc (NASDAQ:HOVNP.PFD) files its latest 10-K with SEC for the fiscal year ended on October 31, 2018. Hovnanian Enterprises Inc is an American construction company. It designs, constructs, markets and sells single-family detached homes, attached townhomes and condominiums, urban infill and active lifestyle homes in planned residential developments. with and P/S ratio of 0.06. Hovnanian Enterprises Inc had annual average EBITDA growth of 46.80% over the past five years.


For the last quarter Hovnanian Enterprises Inc reported a revenue of $614.8 million, compared with the revenue of $721.7 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $2 billion, a decrease of 18.8% from the previous year. For the last five years Hovnanian Enterprises Inc had an average revenue growth rate of 3.3% a year. The Hovnanian Enterprises Inc had an operating margin of 4.85%, compared with the operating margin of 3.89% a year before. The 10-year historical median operating margin of Hovnanian Enterprises Inc is 2.50%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, Hovnanian Enterprises Inc has the cash and cash equivalents of $187.9 million, compared with $469.3 million in the previous year. The long term debt was $201.4 million, compared with $1.7 billion in the previous year. The company's operating income of cannot cover its interest payment during the last fiscal year. Hovnanian Enterprises Inc has a financial strength rank of 4 (out of 10).

For the complete 20-year historical financial data of HOVNP.PFD, click here.

This article first appeared on GuruFocus.