FOR:NYE-Forestar Group Inc (USD)

EQUITY | Real Estate - Development | New York Stock Exchange

Last Closing

USD 31.99

Change

+0.44 (+1.39)%

Market Cap

USD 0.43B

Volume

0.35M

Analyst Target

USD 21.00
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Forestar Group Inc is a real estate and oil and gas company. The Company owns 113,000 acres of real estate including about 102,000 acres with timber. It also has 960,000 net acres of oil and gas mineral interests in the continental U.S.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-06-28 )

Largest Industry Peers for Real Estate - Development

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LPA Logistic Properties of the Ame..

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ARL American Realty Investors Inc

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OZ Belpointe PREP LLC Unit

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AXR AMREP Corporation

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XIN Xinyuan Real Estate Co Ltd

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TPHS Trinity Place Holdings Inc

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USD 8.93M

ETFs Containing FOR

IWIN Amplify Inflation Fighter.. 2.18 % 0.00 %

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USD 7.49M
FDHY Fidelity® High Yield Fac.. 0.00 % 0.45 %

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USD 0.31B

Market Performance

  Market Performance vs. Industry/Classification (Real Estate - Development) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -3.27% 75% C 27% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -3.27% 75% C 24% F
Trailing 12 Months  
Capital Gain 41.86% 100% F 93% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 41.86% 100% F 92% A
Trailing 5 Years  
Capital Gain 63.63% 80% B- 79% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 63.63% 80% B- 75% C
Average Annual (5 Year Horizon)  
Capital Gain 27.14% 88% B+ 88% B+
Dividend Return 27.14% 88% B+ 87% B+
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 58.49% 25% F 14% F
Risk Adjusted Return 46.41% 88% B+ 68% D+
Market Capitalization 0.43B 90% A- 62% D

Key Financial Ratios

  Ratio vs. Industry/Classification (Real Estate - Development) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 85.30 57% 83%
Price/Book Ratio 1.33 25% 58%
Price / Cash Flow Ratio 4.51 60% 63%
Price/Free Cash Flow Ratio 9.27 88% 45%
Management Effectiveness  
Return on Equity 14.87% 67% 73%
Return on Invested Capital 7.57% 90% 55%
Return on Assets 6.25% 100% 79%
Debt to Equity Ratio 50.77% 33% 60%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.