Forestar Group Inc

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FOR : NYSE : Financial
$17.5 up 1.0 | 6.1%
Today's Range: 17.2 - 17.65
Avg. Daily Volume: 1091900.0
06/23/17 - 10:28 AM ET

Financial Analysis


FORESTAR GROUP INC's gross profit margin for the first quarter of its fiscal year 2017 has decreased when compared to the same period a year ago. Even though sales decreased, the net income has increased.

During the same period, stockholders' equity ("net worth") has increased by 17.62% from the same quarter last year.

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Income Statement Q1 FY17 Q1 FY16
Net Sales ($mil)22.3137.62
EBITDA ($mil)1.417.36
EBIT ($mil)-0.082.57
Net Income ($mil)25.21-4.38


Balance Sheet Q1 FY17 Q1 FY16
Cash & Equiv. ($mil)337.43142.65
Total Assets ($mil)763.59948.05
Total Debt ($mil)111.78372.76
Equity ($mil)585.82498.04


Profitability Q1 FY17 Q1 FY16
Gross Profit Margin26.9435.17
EBITDA Margin6.2919.55
Operating Margin-0.366.84
Sales Turnover0.240.23
Return on Assets11.74-22.07
Return on Equity16.46-3.54
Debt Q1 FY17 Q1 FY16
Current Ratio0.00.0
Debt/Capital0.160.43
Interest Expense2.247.64
Interest Coverage-0.040.34


Share Data Q1 FY17 Q1 FY16
Shares outstanding (mil)41.833.91
Div / share0.00.0
EPS0.580.09
Book value / share14.0214.69
Institutional Own % n/a n/a
Avg Daily Volume978263.0284923.0

Valuation


HOLD. FORESTAR GROUP INC's P/E ratio indicates a significant discount compared to an average of 39.85 for the Real Estate Management & Development industry and a significant discount compared to the S&P 500 average of 25.73. For additional comparison, its price-to-book ratio of 1.17 indicates a significant discount versus the S&P 500 average of 3.08 and a significant discount versus the industry average of 3.20. The current price-to-sales ratio is well above the S&P 500 average and above the industry average, indicating a premium. Upon assessment of these and other key valuation criteria, FORESTAR GROUP INC proves to trade at a discount to investment alternatives within the industry.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
FOR 7.21 Peers 39.85   FOR 11.73 Peers 27.62

Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations.

FOR is trading at a significant discount to its peers.

 

Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.

FOR is trading at a significant discount to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
FOR NA Peers 22.02   FOR NM Peers 0.75

Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations.

FOR is trading at a significant premium to its peers.

 

Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

FOR's negative PEG ratio makes this valuation measure meaningless.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
FOR 1.17 Peers 3.20   FOR 514.54 Peers 77.06

Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

FOR is trading at a significant discount to its peers.

 

Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

FOR is expected to have an earnings growth rate that significantly exceeds its peers.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
FOR 3.78 Peers 3.40   FOR -16.83 Peers 18.02

Premium. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

FOR is trading at a premium to its industry on this measurement.

 

Lower. A sales growth rate that trails the industry implies that a company is losing market share.

FOR significantly trails its peers on the basis of sales growth

 

 

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