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Forestar Group (Forestar Group) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Forestar Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Forestar Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Forestar Group's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Forestar Group Cyclically Adjusted Price-to-FCF Chart

Forestar Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
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Forestar Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Forestar Group's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Forestar Group's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Forestar Group's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Forestar Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Forestar Group's Cyclically Adjusted Price-to-FCF falls into.



Forestar Group Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Forestar Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Forestar Group's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-1.182/129.4194*129.4194
=-1.182

Current CPI (Mar. 2024) = 129.4194.

Forestar Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.388 100.560 -0.499
201409 -0.169 100.428 -0.218
201412 0.726 99.070 0.948
201503 -1.326 99.621 -1.723
201506 -0.460 100.684 -0.591
201509 -0.239 100.392 -0.308
201512 1.273 99.792 1.651
201603 0.026 100.470 0.033
201606 0.124 101.688 0.158
201609 0.402 101.861 0.511
201612 0.877 101.863 1.114
201703 -0.113 102.862 -0.142
201706 -0.213 103.349 -0.267
201709 0.290 104.136 0.360
201712 -0.532 104.011 -0.662
201803 -2.717 105.290 -3.340
201806 -1.626 106.317 -1.979
201809 -2.401 106.507 -2.918
201812 -3.910 105.998 -4.774
201903 -2.860 107.251 -3.451
201906 -3.969 108.070 -4.753
201909 1.402 108.329 1.675
201912 -0.241 108.420 -0.288
202003 -2.333 108.902 -2.773
202006 -1.703 108.767 -2.026
202009 0.775 109.815 0.913
202012 -3.295 109.897 -3.880
202103 -1.874 111.754 -2.170
202106 -1.846 114.631 -2.084
202109 0.731 115.734 0.817
202112 0.087 117.630 0.096
202203 1.399 121.301 1.493
202206 -1.754 125.017 -1.816
202209 2.372 125.227 2.451
202212 -1.000 125.222 -1.034
202303 1.418 127.348 1.441
202306 2.279 128.729 2.291
202309 4.503 129.860 4.488
202312 -3.107 129.419 -3.107
202403 -1.182 129.419 -1.182

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Forestar Group  (NYSE:FOR) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Forestar Group Cyclically Adjusted Price-to-FCF Related Terms

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Forestar Group (Forestar Group) Business Description

Industry
Traded in Other Exchanges
Address
2221 E. Lamar Boulevard, Suite 790, Arlington, TX, USA, 76006
Forestar Group Inc is a residential lot development company with operations across the United States. The core business segment for the company is real estate which generates all of it's revenues. The firm fundamentally acquires entitled real estate and develops it into finished residential lots for sale to homebuilders with a strategic focus on asset turns and efficiency. Single-family residential communities account for the majority of their real estate projects. The company utilizes a lower-risk business model mainly by investing in short duration, phased development projects.
Executives
Daniel C Bartok officer: CEO 2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Ringler G.f. (rick) Iii director 2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Elizabeth Parmer director 2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Mark Stephen Walker officer: Chief Operating Officer 2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
James Douglas Allen officer: Chief Financial Officer 2221 E. LAMAR BLVD. SUITE 790, ARLINGTON TX 76006
Lisa H. Jamieson director 2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Samuel R Fuller director 2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Donald C Spitzer director 2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Bill W Wheat officer: Principal Financial Officer 1361 HORTON CIRCLE, ARLINGTON TX 76011
Aron M. Odom officer: Principal Accounting Officer 1341 HORTON CIRCLE, ARLINGTON TX 76011
Charles D Jehl officer: Chief Financial Officer C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746
M Ashton Hudson director 9995 GATE PARKWAY, SUITE 330, JACKSONVILLE FL 32246
Donald J Tomnitz director, officer: Chairman 2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Richard D. Squires director 3889 MAPLE AVENUE, SUITE 1525, DALLAS TX 75219
Michael J. Quinley officer: President 6300 BEE CAVE ROAD, BLDG 2, SUITE 500, AUSTIN TX 78746

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