FO

Forestar Group IncNYSE FOR Stock Report

Last reporting period 30 Jun, 2024

Updated 22 Nov, 2024

Last price

Market cap $B

1.656

Small

Exchange

XNYS - New York Stock Exchange, Inc

View Section: Eyestock Rating

Forestar Fair Value

FO

The fair market value of FOR stock is 33.68 USD. Relative to the market price of 29.06 USD Forestar is undervalued by 15.9%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Undervalued 15.9%
33.68 USD
FOR Fair Value
29.06 USD
Market price of FOR

Forestar Valuation

Current FOR share ticker price is 29.06 USD.

The fair value level of 33.68 USD can be considered as an effective entry point for long-term investors to start investing in FOR stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 16% lower its fair value

Min value

Current price is 30% higher its minimum value

Max value

Current price is 96% lower its maximum value

23.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

FOR stock is undervalued

It means the current price may concern as a Moderate Risk Entry Point

Forestar Group Inc Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

14.7

2

Median P/E over 5 years

8.68

3

Minimum P/E over 5 years

5.22

4

Earning per share (last 12 months)

3.88 USD

Maximum value

1

x

4

=

57.07 USD

Fair value

2

x

4

=

33.68 USD

Minimum value

3

x

4

=

20.26 USD

Forestar Group Inc price metrics

7.9

Annual return (geometric mean)

42.01

Risk (standard deviation) of returns

β

1.76

Beta (volatility compared to market)

It means that FOR stock is more volatile than the broader market

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View Section: Profitability