WallStSmart

Five Point Holdings LLC (FPH)vsHoward Hughes Holdings Inc. (HHH)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Howard Hughes Holdings Inc. generates 661% more annual revenue ($1.47B vs $193.90M). FPH leads profitability with a 48.6% profit margin vs 8.4%. FPH trades at a lower P/E of 4.8x. FPH earns a higher WallStSmart Score of 52/100 (C-).

FPH

Buy

52

out of 100

Grade: C-

Growth: 5.3Profit: 5.5Value: 8.3Quality: 6.8
Piotroski: 1/9

HHH

Hold

42

out of 100

Grade: D

Growth: 2.0Profit: 5.0Value: 4.7Quality: 4.0
Piotroski: 1/9Altman Z: 0.18
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FPHUndervalued (+91.3%)

Margin of Safety

+91.3%

Fair Value

$60.84

Current Price

$4.93

$55.91 discount

UndervaluedFair: $60.84Overvalued
HHHSignificantly Overvalued (-455.8%)

Margin of Safety

-455.8%

Fair Value

$15.03

Current Price

$63.87

$48.84 premium

UndervaluedFair: $15.03Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FPH3 strengths · Avg: 10.0/10
P/E RatioValuation
4.8x10/10

Attractively priced relative to earnings

Price/BookValuation
0.4x10/10

Reasonable price relative to book value

Profit MarginProfitability
48.6%10/10

Keeps 49 of every $100 in revenue as profit

HHH1 strengths · Avg: 10.0/10
Price/BookValuation
1.0x10/10

Reasonable price relative to book value

Areas to Watch

FPH4 concerns · Avg: 3.0/10
EPS GrowthGrowth
3.2%4/10

3.2% earnings growth

Market CapQuality
$918.56M3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
1/93/10

Weak financial health signals

Revenue GrowthGrowth
-20.7%2/10

Revenue declined 20.7%

HHH4 concerns · Avg: 3.3/10
P/E RatioValuation
28.9x4/10

Moderate valuation

Return on EquityProfitability
3.7%3/10

ROE of 3.7% — below average capital efficiency

Debt/EquityHealth
1.353/10

Elevated debt levels

Piotroski F-ScoreQuality
1/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : FPH

The strongest argument for FPH centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 48.6% and operating margin at -58.5%.

Bull Case : HHH

The strongest argument for HHH centers on Price/Book.

Bear Case : FPH

The primary concerns for FPH are EPS Growth, Market Cap, Piotroski F-Score.

Bear Case : HHH

The primary concerns for HHH are P/E Ratio, Return on Equity, Debt/Equity.

Key Dynamics to Monitor

FPH profiles as a declining stock while HHH is a value play — different risk/reward profiles.

FPH carries more volatility with a beta of 1.36 — expect wider price swings.

FPH is growing revenue faster at -20.7% — sustainability is the question.

HHH generates stronger free cash flow (356M), providing more financial flexibility.

Bottom Line

FPH scores higher overall (52/100 vs 42/100), backed by strong 48.6% margins. 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.

Five Point Holdings LLC

REAL ESTATE · REAL ESTATE - DEVELOPMENT · USA

Five Point Holdings, LLC, through its subsidiary, Five Point Operating Company, LP, designs and develops planned and mixed-use communities in Orange, Los Angeles and San Francisco counties. The company is headquartered in Irvine, California.

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Howard Hughes Holdings Inc.

REAL ESTATE · REAL ESTATE - DEVELOPMENT · USA

The Howard Hughes Corporation owns, manages, and develops commercial, residential, and mixed-use properties in the United States. The company is headquartered in Dallas, Texas.

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