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Forestar Group Inc

Real Estate US FOR

25.95USD
-0.06(0.23%)

Last update at 2024-12-26T18:50:00Z

Day Range

25.5026.14
LowHigh

52 Week Range

13.7234.59
LowHigh

Fundamentals

  • Previous Close 26.01
  • Market Cap1707.91M
  • Volume40034
  • P/E Ratio10.28
  • Dividend Yield7.27%
  • EBITDA228.80M
  • Revenue TTM1436.90M
  • Revenue Per Share TTM28.75
  • Gross Profit TTM 327.80M
  • Diluted EPS TTM3.33

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-09-30 2022-09-30 2021-09-30 2020-09-30 2019-09-30
Type yearly yearly yearly yearly yearly
Date 2023-09-30 2022-09-30 2021-09-30 2020-09-30 2019-09-30
Income before tax 221.60M 235.80M 146.60M 78.10M 45.70M
Minority interest - 0.00000M -0.30000M 0.90M 0.60M
Net income 166.90M 178.80M 110.20M 60.80M 33.00M
Selling general administrative 97.70M 93.60M 68.40M 45.70M 28.90M
Selling and marketing expenses - - - - -
Gross profit 304.10M 324.00M 229.20M 118.10M 65.60M
Reconciled depreciation - 2.70M 2.70M 4.90M 6.70M
Ebit - 224.50M 173.70M 67.40M 36.00M
Ebitda - 227.20M 176.40M 72.30M 42.70M
Depreciation and amortization - 2.70M 2.70M 4.90M 6.70M
Non operating income net other - - - - -
Operating income 208.00M 224.50M 173.70M 67.40M 36.00M
Other operating expenses - 1288.70M 1165.00M 859.40M 391.60M
Interest expense - 1.00M 27.40M 9.80M 6.40M
Tax provision 54.70M 57.00M 36.10M 16.40M 9.40M
Interest income 13.60M 1.00M 1.20M 5.60M 6.00M
Net interest income 13.60M 1.00M 1.20M 4.90M 5.50M
Extraordinary items - - - - 0.00000M
Non recurring - - - - -
Other items - - - - -
Income tax expense - 57.00M 36.10M 16.40M 9.40M
Total revenue 1436.90M 1519.10M 1325.80M 931.80M 428.30M
Total operating expenses 1230.50M 93.60M 68.40M 45.70M 28.90M
Cost of revenue 1132.80M 1195.10M 1096.60M 813.70M 362.70M
Total other income expense net 1.60M 11.30M -27.10000M 10.70M 9.70M
Discontinued operations - - - - -
Net income from continuing ops 166.90M 178.80M 110.50M 61.70M 36.30M
Net income applicable to common shares 166.90M 178.80M 110.20M 60.80M 33.00M
Preferred stock and other adjustments - - - - -
Breakdown 2023-09-30 2022-09-30 2021-09-30 2020-09-30 2019-09-30
Type yearly yearly yearly yearly yearly
Date 2023-09-30 2022-09-30 2021-09-30 2020-09-30 2019-09-30
Total assets 2470.70M 2343.00M 2101.70M 1739.90M 1455.70M
Intangible assets - - - - 0.00000M
Earning assets - - - - -
Other current assets - 28.90M 25.80M 10.40M 8.50M
Total liab 1101.80M 1143.70M 1085.80M 868.10M 646.80M
Total stockholder equity 1368.90M 1198.30M 1014.90M 870.90M 808.30M
Deferred long term liab - - - - -
Other current liab - 172.20M 1.30M 10.50M 2.80M
Common stock 49.90M 49.80M 49.60M 48.10M 48.00M
Capital stock 49.90M 49.80M 49.60M 48.10M 48.00M
Retained earnings 674.80M 507.90M 329.10M 218.90M 158.10M
Other liab - 173.10M 172.70M 124.00M 104.50M
Good will - - - - -
Other assets - 2072.00M 2101.00M 1.00M 1050.40M
Cash 616.00M 264.80M 153.60M 394.30M 382.80M
Cash and equivalents 616.00M 264.80M 153.60M 394.30M 382.80M
Total current liabilities 233.70M 264.60M 208.60M 123.00M 96.40M
Current deferred revenue - 20.20M 104.50M 9.50M 11.80M
Net debt 79.00M 441.20M 550.90M 246.80M 77.70M
Short term debt - 0.00000M 55.40M 73.80M 65.00M
Short long term debt - - - - -
Short long term debt total - 706.00M 704.50M 641.10M 460.50M
Other stockholder equity - 640.60M 636.20M 603.90M 602.20M
Property plant equipment 1796.20M 5.70M 2.90M 4.70M 2.40M
Total current assets 616.00M 264.80M 153.60M 400.60M 386.00M
Long term investments 0.50M 0.50M 0.90M 3.60M 7.30M
Net tangible assets - 1198.30M 1014.90M 870.90M 808.30M
Short term investments - 0.50M - - -
Net receivables - 11.40M 1.10M 6.30M 3.20M
Long term debt 695.00M 706.00M 704.50M 641.10M 460.50M
Inventory - -40.30000M - - -
Accounts payable 68.40M 72.20M 47.40M 29.20M 16.80M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - -1.90000M -1.90000M
Additional paid in capital - - - - -
Common stock total equity - - - 48.10M 48.00M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 58.00M 2072.00M 1944.30M 1334.60M 13.70M
Deferred long term asset charges - - - - -
Non current assets total 1854.70M 2078.20M 1948.10M 1339.30M 1069.70M
Capital lease obligations - 8.10M 7.30M 3.80M -
Long term debt total 695.00M 706.00M 704.50M 641.10M 460.50M
Breakdown 2023-09-30 2022-09-30 2021-09-30 2020-09-30 2019-09-30
Type yearly yearly yearly yearly yearly
Date 2023-09-30 2022-09-30 2021-09-30 2020-09-30 2019-09-30
Investments - 1.60M 2.60M 5.00M -0.80000M
Change to liabilities - 29.40M 77.70M 27.90M 82.40M
Total cashflows from investing activities - 1.30M 1.00M 5.00M -0.80000M
Net borrowings - - 36.00M 181.10M 350.00M
Total cash from financing activities - 1.20M 61.40M 174.90M 439.80M
Change to operating activities - -126.10000M -540.60000M -285.10000M -531.40000M
Net income 166.90M 178.80M 110.50M 61.70M 36.30M
Change in cash - 111.20M -240.70000M 11.50M 47.80M
Begin period cash flow 264.80M 153.60M 394.30M 382.80M 335.00M
End period cash flow - 264.80M 153.60M 394.30M 382.80M
Total cash from operating activities - 108.70M -303.10000M -168.40000M -391.20000M
Issuance of capital stock - 1.70M 33.40M 0.00000M 100.70M
Depreciation - 2.70M 2.70M 4.90M 9.40M
Other cashflows from investing activities - 4.80M 2.60M 5.60M 0.10M
Dividends paid - - -458.00000M - -
Change to inventory - - - -281.70000M -531.70000M
Change to account receivables - - - -6.50000M 1.50M
Sale purchase of stock - -0.50000M -0.60000M -0.30000M 100.70M
Other cashflows from financing activities - 1.30M 908.60M 294.10M 424.10M
Change to netincome - 23.90M 40.60M 26.20M 16.90M
Capital expenditures 0.00000M 3.50M 1.60M 0.60M 0.90M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital - -96.70000M -456.60000M -260.30000M -447.80000M
Stock based compensation - 3.30M 2.60M 2.00M 1.30M
Other non cash items - 8.10M 18.50M 0.20M 0.10M
Free cash flow - 105.20M -304.70000M -169.00000M -392.10000M

Peer Comparison

Sector: Real Estate Industry: Real Estate - Development

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
FOR
Forestar Group Inc
-0.06 0.23% 25.95 10.28 - 1.19 1.25 1.25 8.57
SUHJF
Sun Hung Kai Properties Limited
0.002 0.02% 9.31 9.97 8.90 0.43 0.40 0.63 1.27
SUHJY
Sun Hung Kai Properties Ltd
-0.03 0.31% 9.60 9.96 8.70 0.44 0.39 0.63 1.27
CRBJF
China Resources Land Ltd
- -% 2.85 5.80 5.11 0.12 0.68 0.19 0.64
CRBJY
China Resources Land Ltd ADR
- -% 28.90 5.62 5.10 0.12 0.68 0.19 0.64

Reports Covered

Stock Research & News

Profile

Forestar Group Inc. operates as a residential lot development company in the United States. The company acquires land and develops infrastructure for single-family residential communities. It sells its residential single-family finished lots to local, regional, and national homebuilders. The company was incorporated in 2005 and is headquartered in Arlington, Texas. Forestar Group Inc. is a subsidiary of D.R. Horton, Inc.

Forestar Group Inc

2221 East Lamar Boulevard, Arlington, TX, United States, 76006

Key Executives

Name Title Year Born
Mr. Donald J. Tomnitz Exec. Chairman 1948
Mr. Daniel C. Bartok Chief Exec. Officer 1956
Mr. James D. Allen CPA Exec. VP, CFO & Treasurer 1960
Mr. Mark Stephen Walker Exec. VP & COO 1976
Ms. Katie Smith Director of Fin. & Investor Relations NA
Ashley Dagley Sr. VP & Corp. Sec. NA

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