FOR Forestar Group Inc

Price (delayed)

$31.42

Market cap

$1.57B

P/E Ratio

9.41

Dividend/share

N/A

EPS

$3.34

Enterprise value

$1.65B

Forestar Group Inc. is a residential lot development company with operations in 49 markets in 21 states at September 30, 2020 and is a majority-owned subsidiary of D.R. Horton, Inc., ...

Highlights

The equity has grown by 14% YoY and by 6% from the previous quarter

FOR's P/E is 44% above its last 4 quarters average of 6.6 but 7% below its 5-year quarterly average of 10.2

FOR's net income is up by 15% since the previous quarter but it is down by 7% year-on-year

FOR's gross margin is down by 3.2% QoQ

Sector: Real Estate

Industry: Real Estate - Development

Website: http://www.forestargroup.com/

Peers: AVHI STRS JOE LPX

Key stats

What are the main financial stats of FOR

Market

Shares outstanding

49.91M

Market cap

$1.57B

Enterprise value

$1.65B

Valuations

Price to earnings (P/E)

9.41

Price to book (P/B)

1.15

Price to sales (P/S)

1.09

EV/EBIT

7.43

EV/EBITDA

7.33

EV/Sales

1.15

Earnings

Revenue

$1.44B

EBIT

$221.6M

EBITDA

$224.6M

Free cash flow

$364.4M

Per share

EPS

$3.34

Free cash flow per share

$7.29

Book value per share

$27.43

Revenue per share

$28.74

TBVPS

$49.41

Balance sheet

Total assets

$2.47B

Total liabilities

$1.1B

Debt

$695M

Equity

$1.37B

Working capital

N/A

Liquidity

Debt to equity

0.51

Current ratio

N/A

Quick ratio

N/A

Net debt/EBITDA

0.35

Margins

EBITDA margin

15.6%

Gross margin

21.2%

Net margin

11.6%

Operating margin

14.5%

Efficiency

Return on assets

Return on equity

13%

Return on invested capital

8.2%

Return on capital employed

N/A

Return on sales

15.4%

Dividend

Dividend yield

N/A

DPS

N/A

Payout ratio

N/A

FOR stock price

How has the Forestar Group stock price performed over time

Intraday

-0.82%

1 week

-3.2%

1 month

34.33%

1 year

115.95%

YTD

103.89%

QTD

16.63%

Financial performance

How have Forestar Group's revenue and profit performed over time

Revenue

$1.44B

Gross profit

$304.1M

Operating income

$208M

Net income

$166.9M

Gross margin

21.2%

Net margin

11.6%

FOR's net income is up by 15% since the previous quarter but it is down by 7% year-on-year

FOR's operating income is up by 13% since the previous quarter but it is down by 11% year-on-year

The revenue is up by 13% since the previous quarter but it has declined by 5% year-on-year

The gross profit has grown by 10% from the previous quarter but it has contracted by 6% YoY

Growth

What is Forestar Group's growth rate over time

Valuation

What is Forestar Group stock price valuation

FOR P/E details

P/E

9.41

P/B

1.15

P/S

1.09

EV/EBIT

7.43

EV/EBITDA

7.33

EV/Sales

1.15

FOR's P/E is 44% above its last 4 quarters average of 6.6 but 7% below its 5-year quarterly average of 10.2

FOR's EPS is up by 14% since the previous quarter but it is down by 7% year-on-year

The stock's P/B is 44% above its last 4 quarters average of 0.8 and 28% above its 5-year quarterly average of 0.9

The equity has grown by 14% YoY and by 6% from the previous quarter

The P/S is 38% more than the last 4 quarters average of 0.8 but 21% less than the 5-year quarterly average of 1.4

The revenue is up by 13% since the previous quarter but it has declined by 5% year-on-year

Efficiency

How efficient is Forestar Group business performance

FOR's return on equity is down by 18% year-on-year but it is up by 11% since the previous quarter

Forestar Group's ROIC has increased by 17% from the previous quarter but it has decreased by 4.7% YoY

The ROA has grown by 13% from the previous quarter but it has contracted by 11% YoY

Dividends

What is FOR's dividend

DPS

N/A

Dividend yield

N/A

Payout ratio

N/A

There are no recent dividends present for FOR.

Financial health

How did Forestar Group financials performed over time

FOR's total assets is 124% greater than its total liabilities

FOR's total assets is up by 5% year-on-year and by 4% since the previous quarter

FOR's total liabilities is down by 3.8% year-on-year but it is up by 2% since the previous quarter

Forestar Group's debt is 49% less than its equity

Forestar Group's debt to equity has decreased by 14% YoY and by 7% from the previous quarter

The equity has grown by 14% YoY and by 6% from the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.