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The historical rank and industry rank for Forestar Group's Net Cash per Share or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Cash Ratio of Forestar Group was 8.98. The lowest was 3.11. And the median was 4.30.
FOR's Price-to-Net-Cash is not ranked *
in the Real Estate industry.
Industry Median: 5.125 * Ranked among companies with meaningful Price-to-Net-Cash only.
Forestar Group (NYSE:FOR) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Forestar Group Net Cash per Share Related Terms
Forestar Group Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Forestar Group's Net Cash per Share 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.
FOR vs CCS, FPH, SKYH: Net Cash per Share Comparison
For the Real Estate - Development subindustry, Forestar Group's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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-Net-Cash vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Forestar Group's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Forestar Group's Price-to-Net-Cash falls into.
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Forestar Group's Net Cash per Share for the fiscal year that ended in Sep. 2025 is calculated as
* 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 (FOR) has a Net Cash per Share of $-19.00 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Forestar Group and its competitors. Over the past decade, Forestar Group's Net Cash per Share has ranged from 3.11 to 8.98. According to the industry distribution chart, Forestar Group ranks #999999 out of 188 companies in the Real Estate industry.
Is Forestar Group's Net Cash per Share too high?
Forestar Group's current Net Cash per Share is $-19.00. Over the past 10 years, this metric has ranged from a low of 3.11 to a high of 8.98. Based on the distribution chart, Forestar Group ranks #999999 out of 188 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 Net Cash per Share compare to CCS and FPH?
According to the Real Estate industry distribution chart, Forestar Group ranks #999999 out of 188 companies for Net Cash per Share. This places Forestar Group in the lower half of its industry. The industry median Net Cash per Share is 5.13. Historically, Forestar Group's own Net Cash per Share has ranged from 3.11 to 8.98 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Real Estate company?
The median Net Cash per Share among Real Estate companies is 5.13, based on 188 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Forestar Group and its competitors. For the Real Estate industry, the median Net Cash per Share is 5.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forestar Group's current Net Cash per Share is $-19.00. 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 Net Cash per Share is $-19.00. 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 Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Forestar Group (FOR), the current Net Cash per Share is $-19.00 as of Jun. 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:
Net Cash per Share: $-19.00
GF Value™: $30.11 vs. price of $29.29 (2.7% below fair value)
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
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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