FORESTAR GROUP INC (FOR) Stock Fundamental Analysis

NYSE:FOR • US3462321015

29.72 USD
-0.59 (-1.95%)
Last: Feb 17, 2026, 12:48 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Overall FOR gets a fundamental rating of 4 out of 10. We evaluated FOR against 63 industry peers in the Real Estate Management & Development industry. FOR scores excellent on profitability, but there are concerns on its financial health. FOR may be a bit undervalued, certainly considering the very reasonable score on growth


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • In the past year FOR was profitable.
  • FOR had a positive operating cash flow in the past year.
  • 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.
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 5.25%, FOR belongs to the best of the industry, outperforming 92.06% of the companies in the same industry.
  • The Return On Equity of FOR (9.34%) is better than 84.13% of its industry peers.
  • FOR has a better Return On Invested Capital (6.11%) than 79.37% 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 5.46%.
Industry RankSector 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%
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

  • FOR's Profit Margin of 9.90% is fine compared to the rest of the industry. FOR outperforms 79.37% of its industry peers.
  • 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.
  • FOR's Operating Margin has improved in the last couple of years.
  • The Gross Margin of FOR (21.98%) is comparable to the rest of the industry.
  • FOR's Gross Margin has improved in the last couple of years.
Industry RankSector 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%
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

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FOR is destroying value.
  • The number of shares outstanding for FOR has been increased compared to 1 year ago.
  • FOR has more shares outstanding than it did 5 years ago.
  • FOR has a worse debt/assets ratio than last year.
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

  • FOR has an Altman-Z score of 1.79. This is a bad value and indicates that FOR is not financially healthy and even has some risk of bankruptcy.
  • The Altman-Z score of FOR (1.79) is comparable to the rest of the industry.
  • 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.
  • The Debt to FCF ratio of FOR (8.53) is better 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 RankSector Rank
Debt/Equity 0.44
Debt/FCF 8.53
Altman-Z 1.79
ROIC/WACC0.81
WACC7.52%
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 0.50 indicates that FOR may have some problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 0.50, FOR is doing worse than 84.13% of the companies in the same industry.
  • 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.
  • FOR has a Quick ratio of 0.50. This is amonst the worse of the industry: FOR underperforms 80.95% of its industry peers.
Industry RankSector Rank
Current Ratio 0.5
Quick Ratio 0.5
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

More info and screens

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

4

3. Growth

3.1 Past

  • The earnings per share for FOR have decreased by -6.00% in the last year.
  • FOR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.29% yearly.
  • The Revenue has grown by 15.89% in the past year. This is quite good.
  • 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.
  • FOR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.28% yearly.
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.
  • 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.
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

More info and screens

Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 9.03 indicates a reasonable valuation of FOR.
  • Based on the Price/Earnings ratio, FOR is valued cheaply inside the industry as 92.06% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Earnings ratio of 27.19, FOR is valued rather cheaply.
  • With a Price/Forward Earnings ratio of 8.70, the valuation of FOR can be described as very reasonable.
  • 95.24% of the companies in the same industry are more expensive than FOR, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.06, FOR is valued rather cheaply.
Industry RankSector Rank
PE 9.03
Fwd PE 8.7
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

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FOR indicates a rather cheap valuation: FOR is cheaper than 87.30% of the companies listed in the same industry.
  • FOR's Price/Free Cash Flow ratio is rather cheap when compared to the industry. FOR is cheaper than 80.95% of the companies in the same industry.
Industry RankSector Rank
P/FCF 16.26
EV/EBITDA 9.69
FOR Per share dataFOR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 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)0.41
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

  • FOR does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

FORESTAR GROUP INC

NYSE:FOR (2/17/2026, 12:48:01 PM)

29.72

-0.59 (-1.95%)

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 Change-1.46%
Ins Owners0.52%
Ins Owner Change1.61%
Market Cap1.51B
Revenue(TTM)1.69B
Net Income(TTM)166.80M
Analysts82.5
Price Target36.04 (21.27%)
Short Float %2.24%
Short Ratio2.57
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)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 RankSector Rank
PE 9.03
Fwd PE 8.7
P/S 0.9
P/FCF 16.26
P/OCF 15.87
P/B 0.85
P/tB 0.85
EV/EBITDA 9.69
EPS(TTM)3.29
EY11.07%
EPS(NY)3.42
Fwd EY11.5%
FCF(TTM)1.83
FCFY6.15%
OCF(TTM)1.87
OCFY6.3%
SpS33.11
BVpS35.1
TBVpS35.1
PEG (NY)N/A
PEG (5Y)0.41
Graham Number50.97
Profitability
Industry RankSector 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 RankSector 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 9.03 and the Price/Book (PB) ratio is 0.85.


How financially healthy is FORESTAR GROUP INC?

The financial health rating of FORESTAR GROUP INC (FOR) is 2 / 10.