WallStSmart

Forestar Group Inc (FOR)vsLead Real Estate Co., Ltd American Depositary Shares (LRE)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Lead Real Estate Co., Ltd American Depositary Shares generates 1003% more annual revenue ($18.84B vs $1.71B). FOR leads profitability with a 9.8% profit margin vs 4.5%. LRE trades at a lower P/E of 3.3x. LRE earns a higher WallStSmart Score of 60/100 (C).

FOR

Buy

51

out of 100

Grade: C-

Growth: 4.7Profit: 5.5Value: 7.3Quality: 4.5
Piotroski: 1/9Altman Z: 1.99

LRE

Buy

60

out of 100

Grade: C

Growth: 6.7Profit: 6.5Value: 6.7Quality: 3.0
Piotroski: 3/9Altman Z: 1.28
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FORUndervalued (+70.2%)

Margin of Safety

+70.2%

Fair Value

$99.08

Current Price

$28.18

$70.90 discount

UndervaluedFair: $99.08Overvalued

Intrinsic value data unavailable for LRE.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FOR3 strengths · Avg: 9.3/10
P/E RatioValuation
8.9x10/10

Attractively priced relative to earnings

Price/BookValuation
0.8x10/10

Reasonable price relative to book value

EPS GrowthGrowth
22.3%8/10

Earnings expanding 22.3% YoY

LRE3 strengths · Avg: 10.0/10
P/E RatioValuation
3.3x10/10

Attractively priced relative to earnings

Price/BookValuation
0.5x10/10

Reasonable price relative to book value

EPS GrowthGrowth
150.0%10/10

Earnings expanding 150.0% YoY

Areas to Watch

FOR4 concerns · Avg: 3.3/10
Altman Z-ScoreHealth
1.994/10

Grey zone — moderate risk

Market CapQuality
$1.49B3/10

Smaller company, higher risk/reward

Operating MarginProfitability
4.7%3/10

Operating margin of 4.7%

Piotroski F-ScoreQuality
1/93/10

Weak financial health signals

LRE4 concerns · Avg: 2.8/10
Market CapQuality
$17.73M3/10

Smaller company, higher risk/reward

Profit MarginProfitability
4.5%3/10

4.5% margin — thin

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Altman Z-ScoreHealth
1.282/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : FOR

The strongest argument for FOR centers on P/E Ratio, Price/Book, EPS Growth.

Bull Case : LRE

The strongest argument for LRE centers on P/E Ratio, Price/Book, EPS Growth. Revenue growth of 12.2% demonstrates continued momentum.

Bear Case : FOR

The primary concerns for FOR are Altman Z-Score, Market Cap, Operating Margin.

Bear Case : LRE

The primary concerns for LRE are Market Cap, Profit Margin, Piotroski F-Score. Debt-to-equity of 2.58 is elevated, increasing financial risk. Thin 4.5% margins leave little buffer for downturns.

Key Dynamics to Monitor

LRE carries more volatility with a beta of 1.43 — expect wider price swings.

LRE is growing revenue faster at 12.2% — sustainability is the question.

LRE generates stronger free cash flow (763M), providing more financial flexibility.

Monitor REAL ESTATE - DEVELOPMENT industry trends, competitive dynamics, and regulatory changes.

Bottom Line

LRE scores higher overall (60/100 vs 51/100) and 12.2% revenue growth. FOR offers better value entry with a 70.2% margin of safety. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Forestar Group Inc

REAL ESTATE · REAL ESTATE - DEVELOPMENT · USA

Forestar Group Inc. is a residential lot development company in the United States. The company is headquartered in Arlington, Texas.

Lead Real Estate Co., Ltd American Depositary Shares

REAL ESTATE · REAL ESTATE - DEVELOPMENT · USA

Lead Real Estate Co., Ltd. (LRE) is a leading firm in the real estate industry, focusing on the development, management, and investment of both residential and commercial properties. The company's strategic expansion in key markets, paired with a commitment to sustainable value creation through a diversified portfolio, positions it well to meet the growing demand for real estate. LRE’s operational efficiency and proactive approach to identifying lucrative investment opportunities underscore its potential as an appealing choice for institutional investors seeking exposure to a robust and dynamic sector.

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