WallStSmart

Forestar Group Inc (FOR)vsRexford Industrial Realty Inc (REXR)

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Smart Verdict

WallStSmart Research — data-driven comparison

Forestar Group Inc generates 74% more annual revenue ($1.72B vs $991.92M). FOR leads profitability with a 9.9% profit margin vs -39.2%. REXR appears more attractively valued with a PEG of 1.88. FOR earns a higher WallStSmart Score of 52/100 (C-).

FOR

Buy

52

out of 100

Grade: C-

Growth: 4.7Profit: 6.0Value: 7.3Quality: 5.0
Piotroski: 1/9Altman Z: 1.99

REXR

Hold

49

out of 100

Grade: D+

Growth: 6.0Profit: 5.0Value: 6.3Quality: 6.0
Piotroski: 4/9Altman Z: 1.54
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FORUndervalued (+69.5%)

Margin of Safety

+69.5%

Fair Value

$96.88

Current Price

$25.92

$70.96 discount

UndervaluedFair: $96.88Overvalued
REXRUndervalued (+70.5%)

Margin of Safety

+70.5%

Fair Value

$127.19

Current Price

$37.13

$90.06 discount

UndervaluedFair: $127.19Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FOR2 strengths · Avg: 10.0/10
P/E RatioValuation
7.7x10/10

Attractively priced relative to earnings

Price/BookValuation
0.7x10/10

Reasonable price relative to book value

REXR3 strengths · Avg: 9.3/10
Price/BookValuation
1.1x10/10

Reasonable price relative to book value

Operating MarginProfitability
41.6%10/10

Strong operational efficiency at 41.6%

EPS GrowthGrowth
28.0%8/10

Earnings expanding 28.0% YoY

Areas to Watch

FOR4 concerns · Avg: 3.5/10
Revenue GrowthGrowth
4.2%4/10

4.2% revenue growth

Altman Z-ScoreHealth
1.994/10

Grey zone — moderate risk

Market CapQuality
$1.31B3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
1/93/10

Weak financial health signals

REXR4 concerns · Avg: 3.3/10
PEG RatioValuation
1.884/10

Expensive relative to growth rate

Altman Z-ScoreHealth
1.544/10

Distress zone — elevated risk

Return on EquityProfitability
2.8%3/10

ROE of 2.8% — below average capital efficiency

Revenue GrowthGrowth
-1.6%2/10

Revenue declined 1.6%

Comparative Analysis Report

WallStSmart Research

Bull Case : FOR

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

Bull Case : REXR

The strongest argument for REXR centers on Price/Book, Operating Margin, EPS Growth.

Bear Case : FOR

The primary concerns for FOR are Revenue Growth, Altman Z-Score, Market Cap.

Bear Case : REXR

The primary concerns for REXR are PEG Ratio, Altman Z-Score, Return on Equity.

Key Dynamics to Monitor

FOR profiles as a value stock while REXR is a turnaround play — different risk/reward profiles.

FOR carries more volatility with a beta of 1.40 — expect wider price swings.

FOR is growing revenue faster at 4.2% — sustainability is the question.

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

Bottom Line

FOR scores higher overall (52/100 vs 49/100). REXR offers better value entry with a 70.5% margin of safety. Both earn "Buy" and "Hold" 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.

Rexford Industrial Realty Inc

REAL ESTATE · REIT - INDUSTRIAL · USA

Rexford Industrial, a real estate investment trust that focuses on owning and operating industrial properties in the infill markets of Southern California, owns 232 properties with approximately 27.

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