FORESTAR GROUP INC (FOR) Stock Fundamental Analysis
USA - NYSE:FOR - US3462321015 - Common Stock
23.22 USD
+0.13 (+0.56%)
23.22 USD
0 (0%)
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. FOR is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year FOR was profitable.
FOR had a negative operating cash flow in the past year.
In the past 5 years FOR has always been profitable.
In multiple years FOR reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of FOR (5.21%) is better than 90.48% of its industry peers.
With an excellent Return On Equity value of 9.68%, FOR belongs to the best of the industry, outperforming 82.54% of the companies in the same industry.
The Return On Invested Capital of FOR (6.00%) is better than 77.78% of its industry peers.
FOR had an Average Return On Invested Capital over the past 3 years of 7.27%. This is in line with the industry average of 6.19%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.21% | ||
| ROE | 9.68% | ||
| ROIC | 6% |
ROA(3y)6.42%
ROA(5y)6.43%
ROE(3y)11.48%
ROE(5y)12.05%
ROIC(3y)7.27%
ROIC(5y)7.56%
1.3 Margins
FOR has a better Profit Margin (10.54%) than 80.95% of its industry peers.
In the last couple of years the Profit Margin of FOR has grown nicely.
FOR's Operating Margin of 13.54% is amongst the best of the industry. FOR outperforms 80.95% of its industry peers.
In the last couple of years the Operating Margin of FOR has grown nicely.
With a Gross Margin value of 22.86%, FOR perfoms like the industry average, outperforming 52.38% of the companies in the same industry.
FOR's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.54% | ||
| PM (TTM) | 10.54% | ||
| GM | 22.86% |
OM growth 3Y-6.56%
OM growth 5Y10.11%
PM growth 3Y-4.97%
PM growth 5Y9.13%
GM growth 3Y0.44%
GM growth 5Y11.52%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 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 1.55, we must say that FOR is in the distress zone and has some risk of bankruptcy.
FOR has a Altman-Z score (1.55) which is comparable to the rest of the industry.
FOR has a Debt/Equity ratio of 0.52. This is a neutral value indicating FOR is somewhat dependend on debt financing.
FOR has a Debt to Equity ratio (0.52) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.55 |
ROIC/WACC0.77
WACC7.77%
2.3 Liquidity
FOR has a Current Ratio of 0.51. 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 has a worse Current ratio (0.51) than 84.13% of its industry peers.
FOR has a Quick Ratio of 0.51. This is a bad value and indicates that FOR is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.51, FOR is not doing good in the industry: 80.95% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.51 | ||
| Quick Ratio | 0.51 |
3. Growth
3.1 Past
The earnings per share for FOR have decreased strongly by -15.99% in the last year.
The Earnings Per Share has been growing by 22.29% on average over the past years. This is a very strong growth
Looking at the last year, FOR shows a quite strong growth in Revenue. The Revenue has grown by 10.13% in the last year.
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)-15.99%
EPS 3Y-3.21%
EPS 5Y22.29%
EPS Q2Q%6.25%
Revenue 1Y (TTM)10.13%
Revenue growth 3Y3.05%
Revenue growth 5Y12.27%
Sales Q2Q%21.6%
3.2 Future
FOR is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.75% yearly.
Based on estimates for the next years, FOR will show a quite strong growth in Revenue. The Revenue will grow by 8.29% on average per year.
EPS Next Y-7.04%
EPS Next 2Y5.75%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year7.61%
Revenue Next 2Y8.29%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
FOR is valuated cheaply with a Price/Earnings ratio of 7.02.
93.65% of the companies in the same industry are more expensive than FOR, based on the Price/Earnings ratio.
FOR's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.07.
The Price/Forward Earnings ratio is 7.55, which indicates a rather cheap valuation of FOR.
Based on the Price/Forward Earnings ratio, FOR is valued cheaply inside the industry as 98.41% 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 34.08.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.02 | ||
| Fwd PE | 7.55 |
4.2 Price Multiples
FOR's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. FOR is cheaper than 93.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.78 |
4.3 Compensation for Growth
The decent profitability rating of FOR may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.31
EPS Next 2Y5.75%
EPS Next 3YN/A
5. Dividend
5.1 Amount
FOR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
23.22
+0.13 (+0.56%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners36.48%
Inst Owner Change2.99%
Ins Owners0.45%
Ins Owner Change-4.53%
Market Cap1.18B
Revenue(TTM)1.66B
Net Income(TTM)162.60M
Analysts82.5
Price Target31.96 (37.64%)
Short Float %3.52%
Short Ratio5.2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)0
Avg EPS beat(2)-16.41%
Min EPS beat(2)-19.97%
Max EPS beat(2)-12.84%
EPS beat(4)1
Avg EPS beat(4)-16.63%
Min EPS beat(4)-54.74%
Max EPS beat(4)21.02%
EPS beat(8)4
Avg EPS beat(8)4.45%
EPS beat(12)7
Avg EPS beat(12)19.73%
EPS beat(16)10
Avg EPS beat(16)19.15%
Revenue beat(2)0
Avg Revenue beat(2)-4.73%
Min Revenue beat(2)-8.45%
Max Revenue beat(2)-1.01%
Revenue beat(4)1
Avg Revenue beat(4)-6.42%
Min Revenue beat(4)-24.59%
Max Revenue beat(4)8.37%
Revenue beat(8)4
Avg Revenue beat(8)0.81%
Revenue beat(12)7
Avg Revenue beat(12)6.45%
Revenue beat(16)10
Avg Revenue beat(16)4.73%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-0.98%
EPS NY rev (3m)-9.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.36%
Revenue NY rev (3m)-0.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.02 | ||
| Fwd PE | 7.55 | ||
| P/S | 0.76 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.7 | ||
| P/tB | 0.7 | ||
| EV/EBITDA | 8.78 |
EPS(TTM)3.31
EY14.25%
EPS(NY)3.08
Fwd EY13.25%
FCF(TTM)-6.63
FCFYN/A
OCF(TTM)-6.59
OCFYN/A
SpS30.36
BVpS33.04
TBVpS33.04
PEG (NY)N/A
PEG (5Y)0.31
Graham Number49.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.21% | ||
| ROE | 9.68% | ||
| ROCE | 7.9% | ||
| ROIC | 6% | ||
| ROICexc | 6.46% | ||
| ROICexgc | 6.56% | ||
| OM | 13.54% | ||
| PM (TTM) | 10.54% | ||
| GM | 22.86% | ||
| FCFM | N/A |
ROA(3y)6.42%
ROA(5y)6.43%
ROE(3y)11.48%
ROE(5y)12.05%
ROIC(3y)7.27%
ROIC(5y)7.56%
ROICexc(3y)9.35%
ROICexc(5y)9.23%
ROICexgc(3y)9.53%
ROICexgc(5y)9.36%
ROCE(3y)9.58%
ROCE(5y)9.96%
ROICexgc growth 3Y-11.52%
ROICexgc growth 5Y8.52%
ROICexc growth 3Y-12.69%
ROICexc growth 5Y7.72%
OM growth 3Y-6.56%
OM growth 5Y10.11%
PM growth 3Y-4.97%
PM growth 5Y9.13%
GM growth 3Y0.44%
GM growth 5Y11.52%
F-Score2
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.11 | ||
| Cap/Depr | 69.7% | ||
| Cap/Sales | 0.15% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.51 | ||
| Quick Ratio | 0.51 | ||
| Altman-Z | 1.55 |
F-Score2
WACC7.77%
ROIC/WACC0.77
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-15.99%
EPS 3Y-3.21%
EPS 5Y22.29%
EPS Q2Q%6.25%
EPS Next Y-7.04%
EPS Next 2Y5.75%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)10.13%
Revenue growth 3Y3.05%
Revenue growth 5Y12.27%
Sales Q2Q%21.6%
Revenue Next Year7.61%
Revenue Next 2Y8.29%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-9.68%
EBIT growth 3Y-3.71%
EBIT growth 5Y23.63%
EBIT Next Year16.15%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-553.29%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-573.64%
OCF growth 3YN/A
OCF growth 5YN/A
FORESTAR GROUP INC / FOR FAQ
Can you provide the ChartMill fundamental rating for FORESTAR GROUP INC?
ChartMill assigns a fundamental rating of 4 / 10 to FOR.
What is the valuation status for FOR stock?
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.
Can you provide the financial health for FOR stock?
The financial health rating of FORESTAR GROUP INC (FOR) is 1 / 10.