Overview Dividends

(HHH) Howard Hughes Holdings - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US44267T1025

Planned Communities, Retail Properties, Office Buildings, Multifamily Residences, Condominium Developments

HHH EPS (Earnings per Share)

EPS Growth (3Y CAGR): -21.84%
EPS Trend (3Y Correlation): 11.7%

HHH Revenue

Revenue Growth (3Y CAGR): -27.82%
Revenue Trend (3Y Correlation): -11.6%

Risk via 10d forecast
Volatility	29.5%
Value at Risk 5%th	45.0%

Reward
Sharpe Ratio	-0.11
Alpha	-21.92

Character
Hurst Exponent	0.379
Beta	1.228

Drawdowns 3y
Max DD	33.40%
Mean DD	13.38%

Description: HHH Howard Hughes Holdings November 07, 2025

Howard Hughes Holdings Inc. (NYSE: HHH) is a U.S. real-estate developer that builds and manages master-planned communities (MPCs) across three operating segments: Operating Assets (retail, office, multifamily and other property acquisitions), MPC (large-scale land development for homebuilders in Las Vegas, Houston and Phoenix), and Strategic Developments (residential condominiums, commercial projects and assorted properties). The firm was founded in 2010 and is headquartered in The Woodlands, Texas.

Key sector drivers for HHH include the continued shortage of affordable housing in Sun Belt metros, which has kept demand for land-banking and multifamily assets high, and the relatively low vacancy rates (≈4.2% nationwide) that support rental growth. Recent quarterly filings show the company’s operating assets generated a cash-flow yield of roughly 6.8%, while its MPC pipeline contains over 12 million sq ft of developable land, a metric that investors track to gauge future revenue visibility.

Given the firm’s exposure to fast-growing markets and its diversified asset mix, a deeper dive into its balance-sheet leverage and land-bank valuation assumptions could clarify upside potential-consider exploring ValueRay’s detailed model for HHH to see how those variables play out under different macro scenarios.

HHH Stock Overview

Market Cap in USD	4,709m
Sub-Industry	Real Estate Development
IPO / Inception	2010-11-05
Return 12m vs S&P 500	-15.49%
Analyst Rating	4.0 of 5

HHH Dividends

Currently no dividends paid

HHH Growth Ratios

CAGR	9.39%
CAGR/Max DD Calmar Ratio	0.28
CAGR/Mean DD Pain Ratio	0.70
Current Volume	312.1k
Average Volume	287.3k

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (227.5m TTM) > 0 and > 6% of Revenue (6% = 106.3m TTM)

FCFTA 0.05 (>2.0%) and ΔFCFTA 7.40pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -207.0% (prev 116.3%; Δ -323.4pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.05 (>3.0%) and CFO 538.3m > Net Income 227.5m (YES >=105%, WARN >=100%)

Net Debt (3.79b) to EBITDA (650.9m) ratio: 5.82 <= 3.0 (WARN <= 3.5)

Current Ratio 0.30 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (55.3m) change vs 12m ago 11.27% (target <= -2.0% for YES)

Gross Margin 39.74% (prev 48.12%; Δ -8.39pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 17.53% (prev 10.89%; Δ 6.64pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 2.76 (EBITDA TTM 650.9m / Interest Expense TTM 170.9m) >= 6 (WARN >= 3)

Altman Z'' -2.11

(A) -0.36 = (Total Current Assets 1.56b - Total Current Liabilities 5.23b) / Total Assets 10.30b

(B) -0.02 = Retained Earnings (Balance) -187.6m / Total Assets 10.30b

(D) -0.03 = Book Value of Equity -187.7m / Total Liabilities 6.59b

Total Rating: -2.11 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 57.76

1. Piotroski 4.0pt = -1.0

2. FCF Yield 6.20% = 3.10

3. FCF Margin 29.74% = 7.44

4. Debt/Equity 1.43 = 1.55

5. Debt/Ebitda 5.82 = -2.50

6. ROIC - WACC (= -0.94)% = -1.18

7. RoE 7.70% = 0.64

8. Rev. Trend -11.62% = -0.87

9. EPS Trend 11.67% = 0.58

What is the price of HHH shares?

As of November 11, 2025, the stock is trading at USD 80.09 with a total of 312,109 shares traded.
Over the past week, the price has changed by +2.16%, over one month by -1.86%, over three months by +13.96% and over the past year by -4.14%.

Is Howard Hughes Holdings a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Howard Hughes Holdings is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 57.76 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of HHH is around 77.62 USD . This means that HHH is currently overvalued and has a potential downside of -3.08%.

Is HHH a buy, sell or hold?

Howard Hughes Holdings has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy HHH.

Strong Buy: 0
Buy: 3
Hold: 0
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the HHH price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	88.8	10.8%
Analysts Target Price	88.8	10.8%
ValueRay Target Price	84.1	5%

HHH Fundamental Data Overview November 04, 2025

Market Cap USD = 4.71b (4.71b USD * 1.0 USD.USD)
P/E Trailing = 15.3346
P/E Forward = 33.1126
P/S = 2.6591
P/B = 1.374
P/EG = 5.55
Beta = 1.228
Revenue TTM = 1.77b USD
EBIT TTM = 472.3m USD
EBITDA TTM = 650.9m USD
Long Term Debt = 5.22b USD (from longTermDebt, last quarter)
Short Term Debt = 5.23b USD (from shortTermDebt, last quarter)
Debt = 5.23b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.79b USD (from netDebt column, last quarter)
Enterprise Value = 8.50b USD (4.71b + Debt 5.23b - CCE 1.44b)
Interest Coverage Ratio = 2.76 (Ebit TTM 472.3m / Interest Expense TTM 170.9m)
FCF Yield = 6.20% (FCF TTM 526.7m / Enterprise Value 8.50b)
FCF Margin = 29.74% (FCF TTM 526.7m / Revenue TTM 1.77b)
Net Margin = 12.84% (Net Income TTM 227.5m / Revenue TTM 1.77b)
Gross Margin = 39.74% ((Revenue TTM 1.77b - Cost of Revenue TTM 1.07b) / Revenue TTM)
Gross Margin QoQ = 40.13% (prev 54.07%)
Tobins Q-Ratio = 0.83 (Enterprise Value 8.50b / Total Assets 10.30b)
Interest Expense / Debt = 0.84% (Interest Expense 43.7m / Debt 5.23b)
Taxrate = 24.04% (-3.82m / -15.9m)
NOPAT = 358.8m (EBIT 472.3m * (1 - 24.04%))
Current Ratio = 0.30 (Total Current Assets 1.56b / Total Current Liabilities 5.23b)
Debt / Equity = 1.43 (Debt 5.23b / totalStockholderEquity, last quarter 3.64b)
Debt / EBITDA = 5.82 (Net Debt 3.79b / EBITDA 650.9m)
Debt / FCF = 7.19 (Net Debt 3.79b / FCF TTM 526.7m)
Total Stockholder Equity = 2.96b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.21% (Net Income 227.5m / Total Assets 10.30b)
RoE = 7.70% (Net Income TTM 227.5m / Total Stockholder Equity 2.96b)
RoCE = 5.77% (EBIT 472.3m / Capital Employed (Equity 2.96b + L.T.Debt 5.22b))
RoIC = 4.39% (NOPAT 358.8m / Invested Capital 8.18b)
WACC = 5.33% (E(4.71b)/V(9.94b) * Re(10.54%) + D(5.23b)/V(9.94b) * Rd(0.84%) * (1-Tc(0.24)))
Discount Rate = 10.54% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 5.65%
[DCF Debug] Terminal Value 60.10% ; FCFE base≈526.7m ; Y1≈345.8m ; Y5≈158.1m
Fair Price DCF = 36.67 (DCF Value 2.18b / Shares Outstanding 59.4m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 11.67 | EPS CAGR: -21.84% | SUE: -1.67 | # QB: 0
Revenue Correlation: -11.62 | Revenue CAGR: -27.82% | SUE: -0.71 | # QB: 0

Additional Sources for HHH Stock

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