कंपनी का अवलोकन
Forestar Group Inc. operates within the United States as a specialized residential lot development entity focused on the acquisition of land and the subsequent development of infrastructure for single-family residential communities. The company functions within the Real Estate sector, specifically under the Real Estate - Development industry, where it serves as a critical upstream supplier to local, regional, and national homebuilders by selling finished residential lots. Forestar Group Inc. holds a substantial market position with a market capitalization of $1.34B, generating annual revenue of $1.68B, and employing a workforce of 433 individuals. These valuation and revenue metrics indicate that the company is a significant player in the residential development supply chain, possessing the scale to manage large land parcels and complex infrastructure projects across multiple markets while maintaining a substantial operational footprint.
वित्तीय स्वास्थ्य
The company reported a total revenue of $1.68B over the trailing twelve months, with a net income of $166.80M and an EBITDA of $212.20M. The substantial gap between the revenue figure and the net income reveals a cost structure where operating expenses, including land acquisition costs, development fees, and general administrative overhead, consume a significant portion of top-line sales before reaching the bottom line. Forestar Group Inc. generated free cash flow of $137.48M, which provides the organization with considerable financial flexibility to fund ongoing development cycles, repay obligations, or manage liquidity without immediate reliance on external financing. The gross margin stands at 21.6%, indicating the efficiency of the core lot development business in converting land and construction costs into sales value. The operating margin is 4.7%, reflecting the broader operational overhead required to manage the development pipeline and administrative functions, while the profit margin of 9.9% demonstrates the company's overall ability to convert revenue into net earnings. The balance sheet shows a cash position of $318.79M against total debt of $111.70M, supported by a debt-to-equity ratio of 16.56%, which suggests a highly conservative leverage profile with minimal long-term debt obligations relative to equity. The current ratio of 1.17 indicates that the company maintains sufficient liquid assets to cover its short-term liabilities, ensuring adequate liquidity for immediate operational needs. Return on Equity is 9.8% and Return on Assets is 4.2%, metrics that reveal management's effectiveness in generating profits from shareholder capital and utilizing the total asset base to drive earnings growth.
मूल्यांकन आकलन
The stock trades with a trailing P/E ratio of 8.03 and a forward P/E of 8.02, where the minimal difference between these figures implies that the market expects earnings to remain relatively stable or grow at a pace that mirrors current profitability levels. The price-to-book ratio is 0.75, which indicates that the market values the company's equity at a discount to its book value, suggesting a valuation that does not command a premium for its assets or brand. The price-to-sales ratio is 0.79, and the EV/EBITDA stands at 5.33, metrics that collectively suggest the company is priced attractively relative to its revenue generation and cash-flowing earnings capabilities compared to industry peers. The 52-week high is $30.74 and the 52-week low is $18.00, providing a historical trading range that contextualizes the current valuation within recent market volatility. The beta value is 1.45, indicating that the stock price exhibits higher volatility than the broader market, meaning it tends to amplify market movements with greater magnitude than the average stock.
Growth & Income
Forestar Group Inc. experienced a revenue growth rate of -3.0% year-over-year, while earnings growth surged to 22.3% year-over-year. This divergence implies that the company is successfully managing its cost structure or improving margins significantly, allowing earnings to grow at a much faster pace than its revenue stream despite a slight contraction in top-line sales. The company does not pay dividends, as evidenced by a dividend yield of N/A and a payout ratio of 0.0%, indicating a strategy where earnings are fully retained and reinvested into land acquisitions and development projects rather than distributed to shareholders. The overall growth and income profile is characterized by strong earnings expansion driven by margin improvement and operational efficiency, rather than dividend income or broad revenue scaling.