FORESTAR GROUP INC (FOR) Stock Fundamental Analysis
USA - NYSE:FOR - US3462321015 - Common Stock
24.42 USD
-0.06 (-0.25%)
24.05 USD
-0.37 (-1.52%)
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. While FOR has a great profitability rating, there are quite some concerns on its financial health. FOR has a correct valuation and a medium 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.
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.
1.2 Ratios
The Return On Assets of FOR (5.21%) is better than 90.48% of its industry peers.
FOR's Return On Equity of 9.68% is amongst the best of the industry. FOR outperforms 82.54% of its industry peers.
FOR's Return On Invested Capital of 6.00% is fine compared to the rest of the industry. FOR outperforms 79.37% 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 6.12%.
| 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 Profit Margin of 10.54%. This is amongst the best in the industry. FOR outperforms 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.
FOR's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 22.86%, FOR is in line with its industry, outperforming 52.38% of the companies in the same industry.
In the last couple of years the Gross Margin of FOR has grown nicely.
| 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
FOR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
FOR has more shares outstanding than it did 1 year ago.
FOR has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, FOR has a worse debt to assets ratio.
2.2 Solvency
FOR has an Altman-Z score of 1.57. This is a bad value and indicates that FOR is not financially healthy and even has some risk of bankruptcy.
FOR has a Altman-Z score (1.57) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.52 indicates that FOR is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.52, FOR is in line with its industry, outperforming 52.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.57 |
ROIC/WACC0.77
WACC7.83%
2.3 Liquidity
A Current Ratio of 0.51 indicates that FOR may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.51, FOR is doing worse than 84.13% of the companies in the same industry.
A Quick Ratio of 0.51 indicates that FOR may have some problems paying its short term obligations.
FOR has a Quick ratio of 0.51. This is amonst the worse of the industry: FOR underperforms 80.95% of its industry peers.
| 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.
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.
Looking at the last year, FOR shows a quite strong growth in Revenue. The Revenue has grown by 10.13% in the last year.
Measured over the past years, FOR shows a quite strong growth in Revenue. The Revenue has been growing by 12.27% on average per year.
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
The Earnings Per Share is expected to grow by 5.75% on average over the next years.
The Revenue is expected to grow by 8.29% on average over the next years. This is quite good.
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
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.
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
Based on the Price/Earnings ratio of 7.38, the valuation of FOR can be described as very cheap.
FOR's Price/Earnings ratio is rather cheap when compared to the industry. FOR is cheaper than 93.65% of the companies in the same industry.
FOR is valuated cheaply when we compare the Price/Earnings ratio to 25.89, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 7.94, the valuation of FOR can be described as very cheap.
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 is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.38 | ||
| Fwd PE | 7.94 |
4.2 Price Multiples
93.65% 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 | 9.07 |
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)0.33
EPS Next 2Y5.75%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for FOR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
24.42
-0.06 (-0.25%)
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 Cap1.24B
Revenue(TTM)1.66B
Net Income(TTM)162.60M
Analysts82.5
Price Target31.96 (30.88%)
Short Float %4.34%
Short Ratio6.16
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 | 7.38 | ||
| Fwd PE | 7.94 | ||
| P/S | 0.8 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.74 | ||
| P/tB | 0.74 | ||
| EV/EBITDA | 9.07 |
EPS(TTM)3.31
EY13.55%
EPS(NY)3.08
Fwd EY12.6%
FCF(TTM)-6.63
FCFYN/A
OCF(TTM)-6.59
OCFYN/A
SpS30.36
BVpS33.04
TBVpS33.04
PEG (NY)N/A
PEG (5Y)0.33
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 | 1.57 |
F-Score2
WACC7.83%
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.