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Forestar GroupFOR +0.34%83 Intrinsic Value: Projected FCF is $22.13 as of Aug. 13, 2026, which is 1241% above its 10-year median of 1.65. 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 1,271 Real Estate companies, Forestar Group ranks worse than 76.08% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2026-08-13), Forestar Group's Intrinsic Value: Projected FCF is $22.13. The stock price of Forestar Group is $29.2901. Therefore, Forestar Group's Price-to-Intrinsic-Value-Projected-FCF of today is 1.3.
The historical rank and industry rank for Forestar Group's Intrinsic Value: Projected FCF or its related term are showing as below:
FOR'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.19 Med: 1.65 Max: 38.55
Current: 1.32
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Forestar Group was 38.55. The lowest was 1.19. And the median was 1.65.
FOR's Price-to-Projected-FCF is ranked worse than 76.08% of 1271
companies
in the Real Estate industry
Industry Median: 0.62
vs FOR: 1.32
Forestar Group (NYSE:FOR) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Forestar Group's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
29.2901
/
22.1298346503
=
1.32
* 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 Intrinsic Value: Projected FCF Related Terms
Forestar Group Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Forestar Group's Intrinsic Value: Projected 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.
Forestar Group Intrinsic Value: Projected FCF Chart
FOR vs CCS, FPH, SKYH: Intrinsic Value: Projected FCF Comparison
For the Real Estate - Development subindustry, Forestar Group's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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 Price-to-Projected-FCF vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Forestar Group's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Forestar Group's Price-to-Projected-FCF falls into.
Forestar Group Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* 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.
What does a Intrinsic Value: Projected FCF of $22.13 mean?
Forestar Group (FOR) has a Intrinsic Value: Projected FCF of $22.13 as of Aug. 13, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Forestar Group and its competitors. This is 1241% above median its historical median of 1.65. Over the past decade, Forestar Group's Intrinsic Value: Projected FCF has ranged from 1.19 to 38.55. According to the industry distribution chart, Forestar Group ranks #967 out of 1271 companies in the Real Estate industry, placing it in the top 76.1%.
Is Forestar Group's Intrinsic Value: Projected FCF too high?
Forestar Group's current Intrinsic Value: Projected FCF of $22.13 is 1241% above median its 10-year median of 1.65. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 38.55. The Real Estate industry median Intrinsic Value: Projected FCF is 0.62. Forestar Group's value of $22.13 is 3469.4% above this industry median. Based on the distribution chart, Forestar Group ranks #967 out of 1271 companies in the Real Estate industry, which is in the bottom quartile relative to peers. 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 Intrinsic Value: Projected FCF compare to CCS and FPH?
According to the Real Estate industry distribution chart, Forestar Group ranks #967 out of 1271 companies for Intrinsic Value: Projected FCF. This places Forestar Group in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.62. Forestar Group's value of $22.13 is 3469.4% above this benchmark. Historically, Forestar Group's own Intrinsic Value: Projected FCF has ranged from 1.19 to 38.55 over the past decade. While the company's 10-year median is 1.65 vs. the industry median of 0.62, Forestar Group has consistently been above 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 Intrinsic Value: Projected FCF for a Real Estate company?
The median Intrinsic Value: Projected FCF among Real Estate companies is 0.62, based on 1,271 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forestar Group's current Intrinsic Value: Projected FCF of $22.13 is 3469.4% above 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Forestar Group and its competitors. For the Real Estate industry, the median Intrinsic Value: Projected FCF is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forestar Group's current Intrinsic Value: Projected FCF is $22.13, which is 1241% above median its own 10-year median of 1.65. 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 $29.29 — trading 2.7% below its estimated fair value. The current Intrinsic Value: Projected FCF is $22.13, which is 1241% above median its 10-year median of 1.65 and 3469.4% above the Real Estate industry median of 0.62. 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 Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Forestar Group (FOR), the current Intrinsic Value: Projected FCF is $22.13 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 $29.29 is trading 2.7% below its estimated GF Value™ of $30.11.
GuruFocus considers Forestar Group to be Fairly Valued.
Key valuation signals for FOR:
Intrinsic Value: Projected FCF: $22.13 (1241% above median its 10-year median of 1.65)
GF Value™: $30.11 vs. price of $29.29 (2.7% below fair value)
Industry Position: 3469.4% above the Real Estate median (#967 of 1271)
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 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
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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