FORESTAR GROUP INC (FOR)
US3462321015 - Common Stock
FOR gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 68 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 has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
FOR had positive earnings in the past year.
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.
1.2 Ratios
FOR has a better Return On Assets (7.26%) than 89.55% of its industry peers.
With an excellent Return On Equity value of 12.85%, FOR belongs to the best of the industry, outperforming 94.03% of the companies in the same industry.
FOR has a better Return On Invested Capital (7.63%) than 94.03% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FOR is above the industry average of 5.17%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.26% | ||
| ROE | 12.85% | ||
| ROIC | 7.63% |
ROA(3y)7.18%
ROA(5y)6.06%
ROE(3y)13.29%
ROE(5y)11.54%
ROIC(3y)8.2%
ROIC(5y)7.01%
1.3 Margins
Looking at the Profit Margin, with a value of 12.89%, FOR belongs to the top of the industry, outperforming 85.07% of the companies in the same industry.
In the last couple of years the Profit Margin of FOR has grown nicely.
The Operating Margin of FOR (15.35%) is better than 85.07% of its industry peers.
In the last couple of years the Operating Margin of FOR has grown nicely.
The Gross Margin of FOR (22.83%) 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 | 15.35% | ||
| PM (TTM) | 12.89% | ||
| GM | 22.83% |
OM growth 3Y9.57%
OM growth 5Y13.24%
PM growth 3Y17.48%
PM growth 5Y11.83%
GM growth 3Y11.25%
GM growth 5Y9.22%
2. Health
2.1 Basic Checks
FOR has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, FOR has more shares outstanding
Compared to 5 years ago, FOR has more shares outstanding
FOR has a better debt/assets ratio than last year.
2.2 Solvency
FOR has an Altman-Z score of 2.02. This is not the best score and indicates that FOR is in the grey zone with still only limited risk for bankruptcy at the moment.
FOR has a Altman-Z score of 2.02. This is comparable to the rest of the industry: FOR outperforms 58.21% of its industry peers.
A Debt/Equity ratio of 0.47 indicates that FOR is not too dependend on debt financing.
The Debt to Equity ratio of FOR (0.47) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.02 |
ROIC/WACC1.04
WACC7.34%
2.3 Liquidity
A Current Ratio of 1.04 indicates that FOR should not have too much problems paying its short term obligations.
The Current ratio of FOR (1.04) is worse than 62.69% of its industry peers.
FOR has a Quick Ratio of 1.04. This is a normal value and indicates that FOR is financially healthy and should not expect problems in meeting its short term obligations.
FOR has a Quick ratio of 1.04. This is comparable to the rest of the industry: FOR outperforms 44.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
FOR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.96%, which is quite good.
The Earnings Per Share has been growing by 30.52% on average over the past years. This is a very strong growth
FOR shows a small growth in Revenue. In the last year, the Revenue has grown by 5.05%.
The Revenue has been growing by 28.65% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)17.96%
EPS 3Y16.53%
EPS 5Y30.52%
EPS Q2Q%10.34%
Revenue 1Y (TTM)5.05%
Revenue growth 3Y4.42%
Revenue growth 5Y28.65%
Sales Q2Q%0.31%
3.2 Future
Based on estimates for the next years, FOR will show a small growth in Earnings Per Share. The EPS will grow by 4.50% on average per year.
Based on estimates for the next years, FOR will show a quite strong growth in Revenue. The Revenue will grow by 12.35% on average per year.
EPS Next Y-1.18%
EPS Next 2Y4.5%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year11.99%
Revenue Next 2Y12.35%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
FOR is valuated cheaply with a Price/Earnings ratio of 7.30.
Based on the Price/Earnings ratio, FOR is valued cheaper than 94.03% of the companies in the same industry.
When comparing the Price/Earnings ratio of FOR to the average of the S&P500 Index (28.96), we can say FOR is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.39, the valuation of FOR can be described as very cheap.
FOR's Price/Forward Earnings ratio is rather cheap when compared to the industry. FOR is cheaper than 98.51% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.82, FOR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.3 | ||
| Fwd PE | 7.39 |
4.2 Price Multiples
97.01% of the companies in the same industry are more expensive than FOR, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.7 |
4.3 Compensation for Growth
FOR has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.24
EPS Next 2Y4.5%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for FOR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FORESTAR GROUP INC
NYSE:FOR (11/21/2024, 8:04:00 PM)
After market: 28.77 0 (0%)28.77
-0.14 (-0.48%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.46B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.3 | ||
| Fwd PE | 7.39 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.24
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.26% | ||
| ROE | 12.85% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 15.35% | ||
| PM (TTM) | 12.89% | ||
| GM | 22.83% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)17.96%
EPS 3Y16.53%
EPS 5Y
EPS Q2Q%
EPS Next Y-1.18%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)5.05%
Revenue growth 3Y4.42%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y