FOR (Forestar Group) EV-to-EBITDA: 8.78 (As of Aug. 13, 2026) — Near Median

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FOR Forestar Group Inc FOR
83 GF Score
Price $29.16
GF Value $30.11
Valuation Fairly Valued
! 6 Warning Signs
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What is Forestar Group EV-to-EBITDA?

Forestar Group FOR -0.09% 83 EV-to-EBITDA is 8.78 as of Aug. 13, 2026, which is 0% above its 10-year median of 8.76. GuruFocus rates FOR with a GF Score™ of 83/100 and a GF Value™ of $30.11 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,385 Real Estate companies, Forestar Group ranks better than 64.69% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Forestar Group's enterprise value is $1,904 Mil. Forestar Group's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $217 Mil. Therefore, Forestar Group's EV-to-EBITDA for today is 8.78.

The historical rank and industry rank for Forestar Group's EV-to-EBITDA or its related term are showing as below:

FOR' s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.36   Med: 8.76   Max: 26.58
Current: 8.78

During the past 13 years, the highest EV-to-EBITDA of Forestar Group was 26.58. The lowest was 2.36. And the median was 8.76.

FOR's EV-to-EBITDA is ranked better than
64.69% of 1385 companies
in the Real Estate industry
Industry Median: 12.17 vs FOR: 8.78

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-13), Forestar Group's stock price is $29.1623. Forestar Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $3.330. Therefore, Forestar Group's PE Ratio (TTM) for today is 8.76.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Forestar Group  (NYSE:FOR) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Forestar Group's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=29.1623/3.330
=8.76

Forestar Group's share price for today is $29.1623.
Forestar Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.330.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Forestar Group EV-to-EBITDA Related Terms


Forestar Group EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Forestar Group's EV-to-EBITDA 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.

Forestar Group EV-to-EBITDA Chart

Forestar Group Annual Data
Trend Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.07 4.32 6.84 7.70 8.42

Forestar Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.34 8.42 8.73 7.95 9.37

FOR vs CCS, FPH, SKYH: EV-to-EBITDA Comparison

For the Real Estate - Development subindustry, Forestar Group's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Forestar Group's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Forestar Group's EV-to-EBITDA falls into.


FOR
83GF Score
Forestar Group Inc FOR
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Forestar Group EV-to-EBITDA Calculation

Forestar Group's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1904.290/216.8
=8.78

Forestar Group's current Enterprise Value is $1,904 Mil.
Forestar Group's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $217 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 8.78 mean?
Forestar Group (FOR) has a EV-to-EBITDA of 8.78 as of Aug. 13, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Forestar Group. This is near median its historical median of 8.76. Over the past decade, Forestar Group's EV-to-EBITDA has ranged from 2.36 to 26.58. According to the industry distribution chart, Forestar Group ranks #489 out of 1385 companies in the Real Estate industry, placing it in the top 35.3%.
Is Forestar Group's EV-to-EBITDA too high?
Forestar Group's current EV-to-EBITDA of 8.78 is near median its 10-year median of 8.76. Over the past 10 years, this metric has ranged from a low of 2.36 to a high of 26.58. The Real Estate industry median EV-to-EBITDA is 12.17. Forestar Group's value of 8.78 is 27.9% below this industry median. Based on the distribution chart, Forestar Group ranks #489 out of 1385 companies in the Real Estate industry, which is above the industry midpoint. Overall, Forestar Group has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Forestar Group's EV-to-EBITDA compare to CCS and FPH?
According to the Real Estate industry distribution chart, Forestar Group ranks #489 out of 1385 companies for EV-to-EBITDA. This puts Forestar Group in the upper half of its industry. The industry median EV-to-EBITDA is 12.17. Forestar Group's value of 8.78 is 27.9% below this benchmark. Historically, Forestar Group's own EV-to-EBITDA has ranged from 2.36 to 26.58 over the past decade. While the company's 10-year median is 8.76 vs. the industry median of 12.17, Forestar Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Real Estate company?
The median EV-to-EBITDA among Real Estate companies is 12.17, based on 1,385 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forestar Group's current EV-to-EBITDA of 8.78 is 27.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Forestar Group. For the Real Estate industry, the median EV-to-EBITDA is 12.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forestar Group's current EV-to-EBITDA is 8.78, which is near median its own 10-year median of 8.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forestar Group stock overvalued right now?
Based on GuruFocus' analysis, Forestar Group (FOR) is currently considered Fairly Valued. The stock's GF Value™ is $30.11, compared to a current price of $29.16 — trading 3.1% below its estimated fair value. The current EV-to-EBITDA is 8.78, which is near median its 10-year median of 8.76 and 27.9% below the Real Estate industry median of 12.17. Forestar Group's overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Forestar Group (FOR), the current EV-to-EBITDA is 8.78 as of Aug. 13, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Forestar Group (FOR) Overvalued in 2026?

Based on GuruFocus' analysis, Forestar Group stock appears to be undervalued. The current stock price of $29.16 is trading 3.1% below its estimated GF Value™ of $30.11. GuruFocus considers Forestar Group to be Fairly Valued.

Key valuation signals for FOR:

  • EV-to-EBITDA: 8.78 (near median its 10-year median of 8.76)
  • GF Value™: $30.11 vs. price of $29.16 (3.1% below fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 27.9% below the Real Estate median (#489 of 1385)

No single metric tells the full story. See the FOR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forestar Group Business Description

Other Exchanges 4F31:Germany
Address 2221 E. Lamar Boulevard, Suite 790, Arlington, TX, USA, 76006
Forestar Group Inc is a residential lot development company engaged in land acquisition and development for the sale of finished single-family residential lots to local, regional, and national homebuilders. The company operates through a single real estate segment, which acquires land, installs infrastructure for residential communities, and generates all revenue from lot sales. Its communities mainly support entry-level, first-time move-up, and active-adult homes, with certain communities also marketed to build-to-rent operators. The company generally invests in entitled, short-duration projects that can be developed in phases to align lot production with market demand and support efficient capital deployment.
83GF Score

Get the complete analysis for FOR

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$29.16
Price
$30.11
GF Value