Discounted Cash Flow
Hovnanian Enterprises Inc.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $2.8b | $-2.8m | $379.7m | -0.1% | $-0.02 |
| 2017 | $2.5b (-10.9%) | $-332.2m (-11684.1%) | $291.1m (-23.3%) | -13.5% (-13128.8%) | $-2.25 (-11150.0%) |
| 2018 | $2.0b (-18.8%) | $4.5m (101.4%) | $-72.0m (-124.7%) | 0.2% (101.7%) | $0.03 (101.3%) |
| 2019 | $2.0b (1.3%) | $-42.1m (-1031.8%) | $-253.1m (-251.5%) | -2.1% (-1019.9%) | $-7.06 (-23633.3%) |
| 2020 | $2.3b (16.2%) | $50.9m (220.9%) | $289.4m (214.3%) | 2.2% (204.1%) | $7.48 (205.9%) |
| 2021 | $2.8b (18.7%) | $607.8m (1093.5%) | $204.3m (-29.4%) | 21.8% (905.2%) | $87.50 (1069.8%) |
| 2022 | $2.9b (5.0%) | $214.8m (-64.7%) | $76.9m (-62.4%) | 7.4% (-66.3%) | $30.31 (-65.4%) |
| 2023 | $2.8b (-5.7%) | $195.2m (-9.1%) | $416.5m (441.7%) | 7.1% (-3.6%) | $28.76 (-5.1%) |
| 2024 | $3.0b (9.0%) | $231.3m (18.5%) | $5.8m (-98.6%) | 7.7% (8.7%) | $34.40 (19.6%) |
| 2025 | $3.0b (-0.9%) | $53.2m (-77.0%) | $166.2m (2774.6%) | 1.8% (-76.8%) | $7.95 (-76.9%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.