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Forestar Group (Forestar Group) EV-to-EBIT

: 8.02 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Forestar Group's Enterprise Value is $1,817 Mil. Forestar Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $227 Mil. Therefore, Forestar Group's EV-to-EBIT for today is 8.02.

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

FOR' s EV-to-EBIT Range Over the Past 10 Years
Min: 2.5   Med: 12.35   Max: 33.82
Current: 8.02

During the past 13 years, the highest EV-to-EBIT of Forestar Group was 33.82. The lowest was 2.50. And the median was 12.35.

FOR's EV-to-EBIT is ranked better than
67.31% of 1343 companies
in the Real Estate industry
Industry Median: 13.21 vs FOR: 8.02

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Forestar Group's Enterprise Value for the quarter that ended in Dec. 2023 was $1,906 Mil. Forestar Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $227 Mil. Forestar Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.89%.


Forestar Group EV-to-EBIT Historical Data

The historical data trend for Forestar Group's EV-to-EBIT 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 Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.04 15.22 9.22 4.37 6.94

Forestar Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT 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 Premium Member Only Premium Member Only Premium Member Only 6.23 6.94 7.89 6.94 8.41

Competitive Comparison

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

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

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



Forestar Group EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1817.090/226.7
=8.02

Forestar Group's current Enterprise Value is $1,817 Mil.
Forestar Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $227 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.


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

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Forestar Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=226.7/1906.313779
=11.89 %

Forestar Group's Enterprise Value for the quarter that ended in Dec. 2023 was $1,906 Mil.
Forestar Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $227 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.


Forestar Group EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Forestar Group's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Forestar Group (Forestar Group) Business Description

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