FORESTAR GROUP INC (FOR) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:FOR • US3462321015

29.27 USD
+0.2 (+0.69%)
At close: Feb 6, 2026
29.27 USD
0 (0%)
After Hours: 2/6/2026, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to FOR. FOR was compared to 62 industry peers in the Real Estate Management & Development industry. FOR has an excellent profitability rating, but there are concerns on its financial health. FOR has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • In the past year FOR was profitable.
  • In the past year FOR has reported a negative cash flow from operations.
  • FOR had positive earnings in each of the past 5 years.
  • In multiple years FOR reported negative operating cash flow during the last 5 years.
FOR Yearly Net Income VS EBIT VS OCF VS FCFFOR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M

1.2 Ratios

  • With an excellent Return On Assets value of 5.35%, FOR belongs to the best of the industry, outperforming 91.94% of the companies in the same industry.
  • FOR has a better Return On Equity (9.50%) than 85.48% of its industry peers.
  • FOR's Return On Invested Capital of 6.15% is fine compared to the rest of the industry. FOR outperforms 77.42% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for FOR is in line with the industry average of 5.41%.
Industry RankSector Rank
ROA 5.35%
ROE 9.5%
ROIC 6.15%
ROA(3y)6.42%
ROA(5y)6.43%
ROE(3y)11.48%
ROE(5y)12.05%
ROIC(3y)7.33%
ROIC(5y)7.6%
FOR Yearly ROA, ROE, ROICFOR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 -20 -30 -40

1.3 Margins

  • With a decent Profit Margin value of 10.10%, FOR is doing good in the industry, outperforming 79.03% of the companies in the same industry.
  • FOR's Profit Margin has improved in the last couple of years.
  • The Operating Margin of FOR (13.01%) is better than 82.26% of its industry peers.
  • FOR's Operating Margin has improved in the last couple of years.
  • The Gross Margin of FOR (22.30%) is comparable to the rest of the industry.
  • FOR's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 13.01%
PM (TTM) 10.1%
GM 22.3%
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%
FOR Yearly Profit, Operating, Gross MarginsFOR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -50

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ROAROEROICOperating and Profit MarginShow most profitable peers

1

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
  • Compared to 5 years ago, FOR has more shares outstanding
  • The debt/assets ratio for FOR is higher compared to a year ago.
FOR Yearly Shares OutstandingFOR Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M 50M
FOR Yearly Total Debt VS Total AssetsFOR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

2.2 Solvency

  • An Altman-Z score of 1.86 indicates that FOR is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • The Altman-Z score of FOR (1.86) is comparable to the rest of the industry.
  • A Debt/Equity ratio of 0.45 indicates that FOR is not too dependend on debt financing.
  • FOR has a Debt to Equity ratio (0.45) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 0.45
Debt/FCF N/A
Altman-Z 1.86
ROIC/WACC0.81
WACC7.63%
FOR Yearly LT Debt VS Equity VS FCFFOR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B 1.5B

2.3 Liquidity

  • A Current Ratio of 0.89 indicates that FOR may have some problems paying its short term obligations.
  • The Current ratio of FOR (0.89) is worse than 82.26% of its industry peers.
  • A Quick Ratio of 0.89 indicates that FOR may have some problems paying its short term obligations.
  • FOR's Quick ratio of 0.89 is on the low side compared to the rest of the industry. FOR is outperformed by 79.03% of its industry peers.
Industry RankSector Rank
Current Ratio 0.89
Quick Ratio 0.89
FOR Yearly Current Assets VS Current LiabilitesFOR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

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.
  • FOR shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.89%.
  • FOR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.27% yearly.
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

  • The Earnings Per Share is expected to grow by 1.61% on average over the next years.
  • The Revenue is expected to grow by 7.28% on average over the next years.
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.
FOR Yearly Revenue VS EstimatesFOR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B
FOR Yearly EPS VS EstimatesFOR Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 1 2 3

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Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • FOR is valuated reasonably with a Price/Earnings ratio of 8.90.
  • 91.94% of the companies in the same industry are more expensive than FOR, based on the Price/Earnings ratio.
  • Compared to an average S&P500 Price/Earnings ratio of 27.92, FOR is valued rather cheaply.
  • Based on the Price/Forward Earnings ratio of 8.57, the valuation of FOR can be described as reasonable.
  • 98.39% of the companies in the same industry are more expensive than FOR, based on the Price/Forward Earnings ratio.
  • FOR's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.78.
Industry RankSector Rank
PE 8.9
Fwd PE 8.57
FOR Price Earnings VS Forward Price EarningsFOR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • 95.16% of the companies in the same industry are more expensive than FOR, based on the Enterprise Value to EBITDA ratio.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 8.7
FOR Per share dataFOR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30

4.3 Compensation for Growth

  • The decent profitability rating of FOR may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.4
EPS Next 2Y1.61%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for FOR!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

FORESTAR GROUP INC

NYSE:FOR (2/6/2026, 8:04:00 PM)

After market: 29.27 0 (0%)

29.27

+0.2 (+0.69%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)01-20
Earnings (Next)04-21
Inst Owners36.98%
Inst Owner Change0.08%
Ins Owners0.52%
Ins Owner Change0.34%
Market Cap1.49B
Revenue(TTM)1.69B
Net Income(TTM)167.90M
Analysts82.5
Price Target36.04 (23.13%)
Short Float %2.52%
Short Ratio3.08
Dividend
Industry RankSector 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)10.25%
Min EPS beat(2)-12.84%
Max EPS beat(2)33.35%
EPS beat(4)1
Avg EPS beat(4)-13.55%
Min EPS beat(4)-54.74%
Max EPS beat(4)33.35%
EPS beat(8)4
Avg EPS beat(8)2.01%
EPS beat(12)7
Avg EPS beat(12)13.4%
EPS beat(16)10
Avg EPS beat(16)20.39%
Revenue beat(2)1
Avg Revenue beat(2)9.13%
Min Revenue beat(2)-1.01%
Max Revenue beat(2)19.27%
Revenue beat(4)1
Avg Revenue beat(4)-3.7%
Min Revenue beat(4)-24.59%
Max Revenue beat(4)19.27%
Revenue beat(8)4
Avg Revenue beat(8)-1.33%
Revenue beat(12)7
Avg Revenue beat(12)5.53%
Revenue beat(16)10
Avg Revenue beat(16)5.76%
PT rev (1m)8.72%
PT rev (3m)12.77%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.66%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.42%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)-0.71%
Valuation
Industry RankSector Rank
PE 8.9
Fwd PE 8.57
P/S 0.9
P/FCF N/A
P/OCF N/A
P/B 0.84
P/tB 0.84
EV/EBITDA 8.7
EPS(TTM)3.29
EY11.24%
EPS(NY)3.42
Fwd EY11.67%
FCF(TTM)-3.93
FCFYN/A
OCF(TTM)-3.89
OCFYN/A
SpS32.7
BVpS34.77
TBVpS34.77
PEG (NY)N/A
PEG (5Y)0.4
Graham Number50.74
Profitability
Industry RankSector Rank
ROA 5.35%
ROE 9.5%
ROCE 8.1%
ROIC 6.15%
ROICexc 7.17%
ROICexgc 7.33%
OM 13.01%
PM (TTM) 10.1%
GM 22.3%
FCFM N/A
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-Score1
Asset Turnover0.53
Health
Industry RankSector Rank
Debt/Equity 0.45
Debt/FCF N/A
Debt/EBITDA 3.65
Cap/Depr 62.86%
Cap/Sales 0.13%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.89
Quick Ratio 0.89
Altman-Z 1.86
F-Score1
WACC7.63%
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-11.75%
EBIT growth 3Y-2.62%
EBIT growth 5Y24.47%
EBIT Next Year9.39%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-24.47%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-24.81%
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 6 / 10 to FORESTAR GROUP INC (FOR). This can be considered as Fairly Valued.


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 8.9 and the Price/Book (PB) ratio is 0.84.


How financially healthy is FORESTAR GROUP INC?

The financial health rating of FORESTAR GROUP INC (FOR) is 1 / 10.