What does goodwill mean?

The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

Hovnanian Enterprises, Inc. HOV Goodwill

Goodwill at other companies

PultegroupPHM

$40.38M-41.4%

D.R. HortonDHI

$163.5M0.0%

Dream Finders HomesDFH

$377.36M+9.1%

Century CommunitiesCCS

$41.11M0.0%

Beazer Homes USA, Inc.BZH

$11.38M0.0%

M/I HomesMHO

$16.4M0.0%

Segments

By product

See full

Home Building$31.71M—

Other financials

Income statement

See full

Revenue$667.6M-2.7%

Net income-$284.0K-101%

EPS (diluted)-$0.46-119%

Balance sheet

See full

Cash & equivalents$8.8M-28.5%

Total debt$942.7M+6.2%

Total equity$824.9M+0.6%

Total assets$2.8B+10.8%

Cash flow

See full

Operating cash flow$140.9M+352%

CapEx$3.4M-46.9%

Free cash flow$132.1M+322%

Valuation

See full

Market cap$831.36M+50.5%

Enterprise value$1.77B+23.6%

P/E22.4×+19.8×

P/S0.3×+0.1×

Profitability

See full

Net margin1.3%-5.8pp

FCF margin12.2%+10.9pp

Returns & leverage

See full

Return on equity4.5%-24.8pp

Debt / equity1.1×+0.1×

Questions, answered.

What does goodwill mean?: The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.