Five Point Holdings, LLC (FPH) stock analysis
Close on Nov 11, 2026Market cap $661.64MP/E –Yield –
StockData Score
Prices as of Nov 11, 2026How the score works
Mixed9 of 30 checks passed
Five Point passes 9 of the 30 checks behind our score; 17 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 2/6
- Growth
- 1/6
- Past performance
- 2/6
- Financial health
- 4/6
- Dividend
- 0/6
What stands out
Margin of safety over 20%
The price is 47.2% below fair value, more than the 20% cushion we look for.
Trading below fair value
The share price of $4.47 is below our fair value estimate of $8.47.
No debt
Five Point has no borrowings on its latest balance sheet.
Revenue growing 10%+ a year
Revenue grew 37.1% a year over the last three fiscal years.
What to watch
Elevated bankruptcy risk
The Altman Z-score is 0.62; above 3 is the safe zone and below 1.8 the distress zone.
P/S above the industry
Five Point's price-to-sales of 5.61 is above the Real estate median of 4.86 (book value is negative, so we use sales).
Growing slower than the industry
Revenue grew -39.1% over the last twelve months; the Real estate median is 5.4%.
No dividend
Five Point has not paid a dividend in the last twelve months.
Valuation2/6
P/E against its history
Not enough price and earnings history to compare.
P/E against the industry
Needs positive earnings and enough profitable companies in the industry.
EV/EBITDA against its history
Needs positive EBITDA and price history.
P/S above the industry
Five Point's price-to-sales of 5.61 is above the Real estate median of 4.86 (book value is negative, so we use sales).
Trading below fair value
The share price of $4.47 is below our fair value estimate of $8.47.
Margin of safety over 20%
The price is 47.2% below fair value, more than the 20% cushion we look for.
Growth1/6
Revenue growing 10%+ a year
Revenue grew 37.1% a year over the last three fiscal years.
EPS growth over 3 years
Needs positive EPS three years ago and today.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growing slower than the industry
Revenue grew -39.1% over the last twelve months; the Real estate median is 5.4%.
Guidance issued
The latest outlook (full-year 2026 consolidated net income, Oct 22, 2026) was issued for the first time, so it neither adds nor takes away points.
Gross margin trend
This company does not report gross profit.
Past performance2/6
Return on equity
Needs positive equity and five years of results.
Return on invested capital
Needs operating income and invested capital.
Return on equity against the industry
Needs positive equity.
Earnings over 5 years
Needs positive net income five years ago and in the latest year.
Net margin above its 5-year average
Net margin was 24.9% over the last twelve months, against a 5-year average of 17.2%.
Net margin above the industry
Five Point's net margin of 24.9% is above the Real estate median of 8.6%.
Financial health4/6
No debt
Five Point has no borrowings on its latest balance sheet.
Debt not rising
With no debt today, leverage cannot have risen.
Debt covered by cash flow
There is no debt to cover.
Interest well covered
No meaningful interest expense to cover.
Short-term liquidity
The balance sheet is not split into current and non-current items.
Elevated bankruptcy risk
The Altman Z-score is 0.62; above 3 is the safe zone and below 1.8 the distress zone.
Dividend0/6
No dividend
Five Point has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.
Fair value
How we estimate itOur estimate per share
$8.47
The share price is 47% below this estimate.
| Method | Multiple used | Own 5Y median | Industry median | Value per share | Weight |
|---|---|---|---|---|---|
| EV/EBITDA | 8.4× | – | 8.4× | $8.20 | 70% |
| Earnings power | 9.3% cost of equity | – | – | $9.10 | 30% |
| Fair value | $8.47 | 100% | |||
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
High risk
- Average value traded per day
- $1.12M
- Value traded per 1% price move
- $510.55K
Downside
Low risk
- Typical loss in a bad month
- 13.6%
- Volatility (annualized)
- 31%
- Sharpe ratio, 1 year
- -0.98
- Beta to the S&P 500 (5Y)
- 0.88
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2015 to 2025
Net margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -53.8% | +37.1% | -6.5% | +12.0% | |
| Net income | +3.9% | – | – | – | |
| Free cash flow | -8.8% | – | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on assets | – | -0.0% | 2.2% | |
| Capex to revenue | 2.8% | 1.4% | 0.2% |
Where the cash went
Fiscal 2021 to 2025, five years combined
Five Point generated $645.06M from operations and spent $1.28M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero$70.97M
- Cash generatingOperating cash flow above zero$105.23M
- Return on assets improvedROA up on the prior year2.3% → 2.3%
- Earnings backed by cashOperating cash flow above net income$105.23M vs $70.97M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise– → –
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.08 → 0.04
See a number that looks wrong?