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Added to YB: 2024-09-26

Pitch date: 2024-09-26

FPH [bullish]

Five Point Holdings, LLC

+36.36%

current return

Author Info

Company Info

Five Point Holdings, LLC designs, develops, and owns mixed-use planned communities in California, the United States.

Market Cap

$349.8M

Pitch Price

$3.63

Price Target

9.00 (+82%)

Dividend

N/A

EV/EBITDA

15.15

P/E

7.55

EV/Sales

18.33

Sector

Real Estate Management and Development

Category

value

Show full summary:
Is Five Point Holdings a Steal at $3.5? Potential for 150% Upside to $9

FPH: Levered land play at $3.5, down from $5 in 2020 despite $1.2 earnings last year. 25% inflation since 2020 benefits. CA land sales beginning, driving earnings. Worth $7-$9+. Luxor selling pressure nearly exhausted. Undervalued vs 2020 amid market recovery & progress on key variable.

Read full article (1 min)