Forestar Group Inc. (FOR) is a publicly traded company in the Real Estate — Real Estate - Development industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Forestar Group Inc. is an American company primarily engaged in developing residential lots. Its business model entails acquiring land, then preparing the necessary infrastructure for new single-family housing communities. These fully developed lots are subsequently sold to various home construction companies. Headquartered in Arlington, Texas, Forestar operates as a subsidiary of D.R. Horton, Inc.
Is Forestar Group Inc. stock overvalued or undervalued in 2026?
Forestar Group Inc. (FOR) trades at 7.5× earnings (P/E). At its 10-year average P/FFO (6.3×) $21 (-15 %); at the decade median (5.1×) $17 (-31 %).
Kaplio overview: Forestar Group Inc.
Market cap $1B · 52 weeks $23 – $32 (18 % below the high) · P/E 7.5× · Dividend none · Closing price, Oct 29 · accounts published Jul 21.
- Valuation: P/FFO 7.4× (expensive).
- Business: Operating margin 12 % (fair).
- Balance sheet: Net debt/EBITDA 2.0× (solid).
- Earnings: 3 of 8 (no verdict).
What would it be worth at its usual multiples?
At its 10-year average P/FFO (6.3×) $21 (-15 %); at the decade median (5.1×) $17 (-31 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in REITs: 2 of 3 pass
- P/FFO 7.4×, fails.
- Debt / Assets 26.0 %, passes.
- Net debt / EBITDA 2.0×, passes.
- FFO / Share $3.37, info.
Against its peers (reference peers) — Forestar Group Inc.: P/B 0.7×; Div. yield —; EV/EBITDA 7.8×; $1.3B. Corporación Inmobiliaria Vesta, S.A.B. de C.V. (P/B 1.1×; Div. yield 2.1 %; EV/EBITDA 8.7×; $3.1B), The St. Joe Company (P/B 5.4×; Div. yield 0.9 %; EV/EBITDA 17.9×; $4.1B), Howard Hughes Holdings Inc. (P/B 0.9×; Div. yield —; EV/EBITDA 9.3×; $4.5B).
Expensive or cheap against its last ten fiscal years?
Precio / FFO (aprox.) at each close: today 7.4× · median 5.1× · minimum 3.7× · maximum 10.6× · cheap below 5.1× · expensive above 7.6×. It has been cheaper than today 80% of the time over its last ten fiscal years.
Profitability
| Return on Equity | 9.42% |
| Return on Invested Capital | 5.77% |
| Return on Assets | 5.29% |
| Gross Margin | 21.39% |
| Operating Margin | 12.38% |
| Net Margin | 9.88% |
Financial Health
| Debt / Equity | 0.44 |
| Current Ratio | 1.04 |
| Piotroski F-Score | 2 |
| Altman Z-Score | 1.80 |
Price Performance
| 1 month | +1.32% |
| 3 months | -7.32% |
| Year-to-date | +5.93% |
| 1 year | -0.42% |
| 3 years | +9.85% |
| 5 years | +33.32% |
| 10 years | +137.18% |
Related companies: HKLD.L · 0R43.L · 0QO8.L · HHH · JOE · 0GVS.L · VTMX · 0QPD.L
Explore sector: Real Estate · Real Estate - Development
More sections of FOR: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method today · Companies that pass the Lynch method today · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks