FORESTAR GROUP INC (FOR) Stock Fundamental Analysis
NYSE:FOR • US3462321015
30.14 USD
+0.11 (+0.37%)
Last: Feb 18, 2026, 12:48 PM
Taking everything into account, FOR scores 4 out of 10 in our fundamental rating. FOR was compared to 63 industry peers in the Real Estate Management & Development industry. While FOR has a great profitability rating, there are quite some concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on FOR.
1. Profitability
1.1 Basic Checks
- FOR had positive earnings in the past year.
- In the past year FOR had a positive cash flow from operations.
- Each year in the past 5 years FOR has been profitable.
- The reported operating cash flow has been mixed in the past 5 years: FOR reported negative operating cash flow in multiple years.
1.2 Ratios
- The Return On Assets of FOR (5.25%) is better than 92.06% of its industry peers.
- With an excellent Return On Equity value of 9.34%, FOR belongs to the best of the industry, outperforming 84.13% of the companies in the same industry.
- With a decent Return On Invested Capital value of 6.11%, FOR is doing good in the industry, outperforming 79.37% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for FOR is in line with the industry average of 5.47%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.25% | ||
| ROE | 9.34% | ||
| ROIC | 6.11% |
ROA(3y)6.42%
ROA(5y)6.43%
ROE(3y)11.48%
ROE(5y)12.05%
ROIC(3y)7.33%
ROIC(5y)7.6%
1.3 Margins
- With a decent Profit Margin value of 9.90%, FOR is doing good in the industry, outperforming 79.37% of the companies in the same industry.
- In the last couple of years the Profit Margin of FOR has grown nicely.
- With an excellent Operating Margin value of 12.79%, FOR belongs to the best of the industry, outperforming 82.54% of the companies in the same industry.
- In the last couple of years the Operating Margin of FOR has grown nicely.
- FOR's Gross Margin of 21.98% is in line compared to the rest of the industry. FOR outperforms 49.21% of its industry peers.
- In the last couple of years the Gross Margin of FOR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.79% | ||
| PM (TTM) | 9.9% | ||
| GM | 21.98% |
OM growth 3Y-5.5%
OM growth 5Y10.86%
PM growth 3Y-4.97%
PM growth 5Y9.13%
GM growth 3Y1.1%
GM growth 5Y11.96%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FOR is destroying value.
- Compared to 1 year ago, FOR has more shares outstanding
- The number of shares outstanding for FOR has been increased compared to 5 years ago.
- The debt/assets ratio for FOR is higher compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 1.79, we must say that FOR is in the distress zone and has some risk of bankruptcy.
- FOR has a Altman-Z score (1.79) which is in line with its industry peers.
- FOR has a debt to FCF ratio of 8.53. This is a slightly negative value and a sign of low solvency as FOR would need 8.53 years to pay back of all of its debts.
- FOR has a better Debt to FCF ratio (8.53) than 68.25% of its industry peers.
- A Debt/Equity ratio of 0.44 indicates that FOR is not too dependend on debt financing.
- The Debt to Equity ratio of FOR (0.44) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 8.53 | ||
| Altman-Z | 1.79 |
ROIC/WACC0.81
WACC7.52%
2.3 Liquidity
- FOR has a Current Ratio of 0.50. This is a bad value and indicates that FOR is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Current ratio of FOR (0.50) is worse than 84.13% of its industry peers.
- A Quick Ratio of 0.50 indicates that FOR may have some problems paying its short term obligations.
- FOR's Quick ratio of 0.50 is on the low side compared to the rest of the industry. FOR is outperformed by 80.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.5 | ||
| Quick Ratio | 0.5 |
3. Growth
3.1 Past
- FOR shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -6.00%.
- Measured over the past years, FOR shows a very strong growth in Earnings Per Share. The EPS has been growing by 22.29% on average per year.
- Looking at the last year, FOR shows a quite strong growth in Revenue. The Revenue has grown by 15.89% in the last year.
- The Revenue has been growing by 12.27% on average over the past years. This is quite good.
EPS 1Y (TTM)-6%
EPS 3Y-3.21%
EPS 5Y22.29%
EPS Q2Q%-6.25%
Revenue 1Y (TTM)15.89%
Revenue growth 3Y3.05%
Revenue growth 5Y12.27%
Sales Q2Q%9.03%
3.2 Future
- FOR is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.61% yearly.
- Based on estimates for the next years, FOR will show a small growth in Revenue. The Revenue will grow by 7.28% on average per year.
EPS Next Y-7.65%
EPS Next 2Y1.61%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year6.84%
Revenue Next 2Y7.28%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 9.16, the valuation of FOR can be described as reasonable.
- Based on the Price/Earnings ratio, FOR is valued cheaper than 92.06% of the companies in the same industry.
- When comparing the Price/Earnings ratio of FOR to the average of the S&P500 Index (27.16), we can say FOR is valued rather cheaply.
- A Price/Forward Earnings ratio of 8.82 indicates a reasonable valuation of FOR.
- FOR's Price/Forward Earnings ratio is rather cheap when compared to the industry. FOR is cheaper than 95.24% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 28.10. FOR is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.16 | ||
| Fwd PE | 8.82 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, FOR is valued cheaper than 87.30% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, FOR is valued cheaper than 82.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.49 | ||
| EV/EBITDA | 9.63 |
4.3 Compensation for Growth
- FOR has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.41
EPS Next 2Y1.61%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- No dividends for FOR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NYSE:FOR (2/18/2026, 12:48:33 PM)
30.14
+0.11 (+0.37%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)01-20 2026-01-20/bmo
Earnings (Next)04-21 2026-04-21
Inst Owners36.98%
Inst Owner Change-1.46%
Ins Owners0.52%
Ins Owner Change1.61%
Market Cap1.53B
Revenue(TTM)1.69B
Net Income(TTM)166.80M
Analysts82.5
Price Target36.04 (19.58%)
Short Float %2.24%
Short Ratio2.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)13.56%
Min EPS beat(2)-6.23%
Max EPS beat(2)33.35%
EPS beat(4)1
Avg EPS beat(4)-1.42%
Min EPS beat(4)-19.97%
Max EPS beat(4)33.35%
EPS beat(8)3
Avg EPS beat(8)-5.05%
EPS beat(12)7
Avg EPS beat(12)15.36%
EPS beat(16)9
Avg EPS beat(16)18.8%
Revenue beat(2)2
Avg Revenue beat(2)11.42%
Min Revenue beat(2)3.57%
Max Revenue beat(2)19.27%
Revenue beat(4)2
Avg Revenue beat(4)3.35%
Min Revenue beat(4)-8.45%
Max Revenue beat(4)19.27%
Revenue beat(8)4
Avg Revenue beat(8)-2.29%
Revenue beat(12)8
Avg Revenue beat(12)7.93%
Revenue beat(16)10
Avg Revenue beat(16)5.19%
PT rev (1m)8.72%
PT rev (3m)12.77%
EPS NQ rev (1m)-5%
EPS NQ rev (3m)-5%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.66%
Revenue NQ rev (1m)-0.4%
Revenue NQ rev (3m)-0.4%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)-0.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.16 | ||
| Fwd PE | 8.82 | ||
| P/S | 0.91 | ||
| P/FCF | 16.49 | ||
| P/OCF | 16.09 | ||
| P/B | 0.86 | ||
| P/tB | 0.86 | ||
| EV/EBITDA | 9.63 |
EPS(TTM)3.29
EY10.92%
EPS(NY)3.42
Fwd EY11.34%
FCF(TTM)1.83
FCFY6.06%
OCF(TTM)1.87
OCFY6.21%
SpS33.11
BVpS35.1
TBVpS35.1
PEG (NY)N/A
PEG (5Y)0.41
Graham Number50.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.25% | ||
| ROE | 9.34% | ||
| ROCE | 8.05% | ||
| ROIC | 6.11% | ||
| ROICexc | 6.63% | ||
| ROICexgc | 6.78% | ||
| OM | 12.79% | ||
| PM (TTM) | 9.9% | ||
| GM | 21.98% | ||
| FCFM | 5.52% |
ROA(3y)6.42%
ROA(5y)6.43%
ROE(3y)11.48%
ROE(5y)12.05%
ROIC(3y)7.33%
ROIC(5y)7.6%
ROICexc(3y)9.42%
ROICexc(5y)9.27%
ROICexgc(3y)9.54%
ROICexgc(5y)9.37%
ROCE(3y)9.66%
ROCE(5y)10.01%
ROICexgc growth 3Y-11.4%
ROICexgc growth 5Y8.61%
ROICexc growth 3Y-11.87%
ROICexc growth 5Y8.33%
OM growth 3Y-5.5%
OM growth 5Y10.86%
PM growth 3Y-4.97%
PM growth 5Y9.13%
GM growth 3Y1.1%
GM growth 5Y11.96%
F-Score5
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 8.53 | ||
| Debt/EBITDA | 3.62 | ||
| Cap/Depr | 63.89% | ||
| Cap/Sales | 0.14% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 43.5% | ||
| Profit Quality | 55.76% | ||
| Current Ratio | 0.5 | ||
| Quick Ratio | 0.5 | ||
| Altman-Z | 1.79 |
F-Score5
WACC7.52%
ROIC/WACC0.81
Cap/Depr(3y)59.84%
Cap/Depr(5y)73.68%
Cap/Sales(3y)0.12%
Cap/Sales(5y)0.14%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-6%
EPS 3Y-3.21%
EPS 5Y22.29%
EPS Q2Q%-6.25%
EPS Next Y-7.65%
EPS Next 2Y1.61%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)15.89%
Revenue growth 3Y3.05%
Revenue growth 5Y12.27%
Sales Q2Q%9.03%
Revenue Next Year6.84%
Revenue Next 2Y7.28%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-2.09%
EBIT growth 3Y-2.62%
EBIT growth 5Y24.47%
EBIT Next Year9.39%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-63.64%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-62.95%
OCF growth 3YN/A
OCF growth 5YN/A
FORESTAR GROUP INC / FOR FAQ
What is the ChartMill fundamental rating of FORESTAR GROUP INC (FOR) stock?
ChartMill assigns a fundamental rating of 4 / 10 to FOR.
Can you provide the valuation status for FORESTAR GROUP INC?
ChartMill assigns a valuation rating of 7 / 10 to FORESTAR GROUP INC (FOR). This can be considered as Undervalued.
How profitable is FORESTAR GROUP INC (FOR) stock?
FORESTAR GROUP INC (FOR) has a profitability rating of 7 / 10.
What is the valuation of FORESTAR GROUP INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for FORESTAR GROUP INC (FOR) is 9.16 and the Price/Book (PB) ratio is 0.86.
How financially healthy is FORESTAR GROUP INC?
The financial health rating of FORESTAR GROUP INC (FOR) is 2 / 10.