FORESTAR GROUP INC (FOR) Fundamental Analysis & Valuation
NYSE:FOR • US3462321015
Current stock price
24.73 USD
-0.37 (-1.47%)
At close:
24.77 USD
+0.04 (+0.16%)
After Hours:
This FOR fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. FOR Profitability Analysis
1.1 Basic Checks
- FOR had positive earnings in the past year.
- FOR had a positive operating cash flow in the past year.
- FOR had positive earnings in each of the past 5 years.
- 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 90.32% of its industry peers.
- FOR has a Return On Equity of 9.34%. This is amongst the best in the industry. FOR outperforms 85.48% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 6.11%, FOR is in the better half of the industry, outperforming 79.03% of the companies in the same industry.
- FOR had an Average Return On Invested Capital over the past 3 years of 7.33%. This is in line with the industry average of 5.74%.
| 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
- Looking at the Profit Margin, with a value of 9.90%, FOR is in the better half of the industry, outperforming 79.03% of the companies in the same industry.
- In the last couple of years the Profit Margin of FOR has grown nicely.
- FOR's Operating Margin of 12.79% is amongst the best of the industry. FOR outperforms 82.26% of its industry peers.
- FOR's Operating Margin has improved in the last couple of years.
- FOR has a Gross Margin (21.98%) which is comparable to the rest of the industry.
- 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. FOR Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FOR is destroying value.
- FOR has more shares outstanding than it did 1 year ago.
- The number of shares outstanding for FOR has been increased compared to 5 years ago.
- Compared to 1 year ago, FOR has a worse debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.67, we must say that FOR is in the distress zone and has some risk of bankruptcy.
- FOR's Altman-Z score of 1.67 is in line compared to the rest of the industry. FOR outperforms 51.61% of its industry peers.
- The Debt to FCF ratio of FOR is 8.53, which is on the high side as it means it would take FOR, 8.53 years of fcf income to pay off all of its debts.
- FOR has a Debt to FCF ratio of 8.53. This is in the better half of the industry: FOR outperforms 64.52% of its industry peers.
- A Debt/Equity ratio of 0.44 indicates that FOR is not too dependend on debt financing.
- FOR has a Debt to Equity ratio of 0.44. This is comparable to the rest of the industry: FOR outperforms 56.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 8.53 | ||
| Altman-Z | 1.67 |
ROIC/WACC0.76
WACC8.08%
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.
- FOR's Current ratio of 0.50 is on the low side compared to the rest of the industry. FOR is outperformed by 83.87% of its industry peers.
- FOR has a Quick 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 Quick ratio of FOR (0.50) is worse than 80.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.5 | ||
| Quick Ratio | 0.5 |
3. FOR Growth Analysis
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 1.46% on average over the next years.
- Based on estimates for the next years, FOR will show a small growth in Revenue. The Revenue will grow by 7.19% on average per year.
EPS Next Y-7.65%
EPS Next 2Y1.46%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year6.65%
Revenue Next 2Y7.19%
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. FOR Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 7.52, which indicates a rather cheap valuation of FOR.
- Based on the Price/Earnings ratio, FOR is valued cheaply inside the industry as 93.55% of the companies are valued more expensively.
- When comparing the Price/Earnings ratio of FOR to the average of the S&P500 Index (26.21), we can say FOR is valued rather cheaply.
- The Price/Forward Earnings ratio is 7.26, which indicates a rather cheap valuation of FOR.
- Based on the Price/Forward Earnings ratio, FOR is valued cheaply inside the industry as 98.39% of the companies are valued more expensively.
- FOR's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.52 | ||
| Fwd PE | 7.26 |
4.2 Price Multiples
- FOR's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. FOR is cheaper than 90.32% of the companies in the same industry.
- FOR's Price/Free Cash Flow ratio is rather cheap when compared to the industry. FOR is cheaper than 83.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.53 | ||
| EV/EBITDA | 8.4 |
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)0.34
EPS Next 2Y1.46%
EPS Next 3YN/A
5. FOR Dividend Analysis
5.1 Amount
- No dividends for FOR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
FOR Fundamentals: All Metrics, Ratios and Statistics
24.73
-0.37 (-1.47%)
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 Owners36.3%
Inst Owner Change0%
Ins Owners0.52%
Ins Owner Change3.86%
Market Cap1.26B
Revenue(TTM)1.69B
Net Income(TTM)166.80M
Analysts80
Price Target36.04 (45.73%)
Short Float %3.23%
Short Ratio3.82
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)0%
PT rev (3m)8.72%
EPS NQ rev (1m)-0.83%
EPS NQ rev (3m)-5.79%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0.29%
Revenue NQ rev (3m)-0.11%
Revenue NY rev (1m)-0.18%
Revenue NY rev (3m)-0.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.52 | ||
| Fwd PE | 7.26 | ||
| P/S | 0.75 | ||
| P/FCF | 13.53 | ||
| P/OCF | 13.21 | ||
| P/B | 0.7 | ||
| P/tB | 0.7 | ||
| EV/EBITDA | 8.4 |
EPS(TTM)3.29
EY13.3%
EPS(NY)3.41
Fwd EY13.78%
FCF(TTM)1.83
FCFY7.39%
OCF(TTM)1.87
OCFY7.57%
SpS33.11
BVpS35.1
TBVpS35.1
PEG (NY)N/A
PEG (5Y)0.34
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 | 1.67 |
F-Score5
WACC8.08%
ROIC/WACC0.76
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 2Y1.46%
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 Year6.65%
Revenue Next 2Y7.19%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-2.09%
EBIT growth 3Y-2.62%
EBIT growth 5Y24.47%
EBIT Next Year8.65%
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 Fundamental Analysis FAQ
What is the ChartMill fundamental rating of FORESTAR GROUP INC (FOR) stock?
ChartMill assigns a fundamental rating of 5 / 10 to FOR.
Can you provide the valuation status for FORESTAR GROUP INC?
ChartMill assigns a valuation rating of 8 / 10 to FORESTAR GROUP INC (FOR). This can be considered as Undervalued.
Can you provide the profitability details for FORESTAR GROUP INC?
FORESTAR GROUP INC (FOR) has a profitability rating of 7 / 10.
What is the financial health of FORESTAR GROUP INC (FOR) stock?
The financial health rating of FORESTAR GROUP INC (FOR) is 2 / 10.
What is the earnings growth outlook for FORESTAR GROUP INC?
The Earnings per Share (EPS) of FORESTAR GROUP INC (FOR) is expected to decline by -7.65% in the next year.