Five Point Holdings (FPH) AI Stock Analysis

• Market Cap: $599.10M
• Dividend Yield: N/A
• Average Volume (3M): 126.80K
• Price to Earnings (P/E): 4.5
• Beta (1Y): 1.04
• Revenue Growth: 11.66%
• EPS Growth: 78.44%
• Country: US
• Employees: 88
• Sector: Real Estate
• Sector Strength: 55
• Industry: Real Estate - Development
• EPS (TTM): 0.32
• Shares Outstanding: 69,858,635
• 10 Day Avg. Volume: 149,179
• 30 Day Avg. Volume: 126,799
• PEG Ratio: 0.04
• Price to Book (P/B): 0.54
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.78
• Enterprise Value/Market Cap: 1.37
• Enterprise Value/Revenue: 0.89
• Enterprise Value/Gross Profit: 6.20
• Enterprise Value/Ebitda: 2.22
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 76 Outperform
• Price Target: $6.00 ▲(7.91%Upside)

Five Point Holdings exhibits a strong financial position with notable profitability and a debt-free balance sheet. The attractive valuation and strategic corporate acquisition enhance its outlook. While technical indicators remain neutral, the overall financial health and strategic maneuvers suggest a positive future trajectory, tempered by market uncertainties and potential cash flow volatility.

Five Point Holdings Business Overview & Revenue Model

Company Description

Five Point Holdings, LLC, through its subsidiary, Five Point Operating Company, LP, owns and develops mixed-use and planned communities in Orange County, Los Angeles County, and San Francisco County. The company operates in four segments: Valencia, San Francisco, Great Park, and Commercial. It sells residential and commercial land sites to homebuilders, commercial developers, and commercial buyers; operates and owns a commercial office, medical campus, and other properties; and provides development and property management services. The company was formerly known as Newhall Holding Company, LLC and changed its name to Five Point Holdings, LLC in May 2016. Five Point Holdings, LLC was incorporated in 2009 and is headquartered in Irvine, California.

How the Company Makes Money

Five Point Holdings primarily makes money through the sale of residential and commercial real estate properties. The company's revenue streams include land sales to homebuilders, commercial property leasing, and management fees from operating commercial and retail spaces within its master-planned communities. Additionally, Five Point Holdings benefits from strategic partnerships with local governments and private entities to enhance infrastructure and amenities, which increase the value of its developments. The company also earns from property management services provided to residents and businesses in its communities.

Five Point Holdings Financial Statement Overview

Summary

Five Point Holdings shows strong financial performance with a high gross profit margin and solid net profit margin. The balance sheet is robust, with no debt and strong equity, reducing financial risk. However, cash flow volatility and the absence of EBITDA limit the assessment of operational efficiency.

Income Statement

Five Point Holdings has shown significant improvement in revenue and profitability in the latest year compared to previous years. The most recent annual report indicates a gross profit margin of 100% due to the entirety of revenue being converted to gross profit, and a strong net profit margin of approximately 97.7%. The company has experienced solid revenue growth, particularly notable from 2022 to 2023, suggesting a positive trajectory in their financial performance. However, the absence of EBITDA in the latest year limits the analysis of operational efficiency.

Balance Sheet

The balance sheet of Five Point Holdings reflects a strong equity position, with stockholders' equity making up a substantial portion of total assets. The company has a debt-free balance sheet as of the latest report, which significantly reduces financial risk and enhances stability. The equity ratio is robust, indicating a solid foundation for growth. Additionally, the return on equity has improved remarkably, reflecting efficient utilization of equity to generate profits.

Cash Flow

The cash flow statement indicates a healthy free cash flow and a positive operating cash flow in the latest report, which suggests strong cash generation capabilities. However, the free cash flow has decreased compared to the previous year, indicating potential volatility in cash management. The operating cash flow to net income ratio remains positive, showing efficient conversion of profits into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	241.15M	237.93M	211.73M	42.69M	224.39M	153.62M
Gross Profit	132.72M	118.83M	77.74M	15.20M	80.10M	42.25M
EBITDA	102.39M	86.96M	46.10M	-22.20M	2.98M	-27.11M
Net Income	89.25M	68.30M	55.39M	-34.77M	13.31M	1.09M
Balance Sheet
Total Assets	3.16B	3.08B	2.97B	2.89B	2.94B	2.96B
Cash, Cash Equivalents and Short-Term Investments	528.33M	430.88M	353.80M	131.77M	265.46M	298.14M
Total Debt	599.77M	525.74M	692.54M	620.65M	619.12M	617.58M
Total Liabilities	919.13M	896.32M	962.18M	992.74M	1.02B	1.05B
Stockholders Equity	774.33M	749.44M	678.05M	618.13M	634.42M	617.67M
Cash Flow
Free Cash Flow	198.74M	115.18M	154.12M	-188.38M	-81.57M	-80.65M
Operating Cash Flow	199.14M	115.99M	154.12M	-188.30M	-81.42M	-78.50M
Investing Cash Flow	106.32M	70.06M	77.11M	63.99M	75.31M	52.94M
Financing Cash Flow	-9.81M	-108.98M	-9.20M	-9.72M	-26.58M	-23.54M

Five Point Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5.56
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FPH, the sentiment is Positive. The current price of 5.56 is above the 20-day moving average (MA) of 5.56, above the 50-day MA of 5.44, and above the 200-day MA of 4.72, indicating a bullish trend. The MACD of 0.04 indicates Positive momentum. The RSI at 51.18 is Neutral, neither overbought nor oversold. The STOCH value of 57.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FPH.

Five Point Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AXR	79 Outperform	$110.35M	8.63	10.82%	―	30.36%	481.87%
FPH	76 Outperform	$599.10M	4.47	12.27%	―	11.66%	78.44%
FOR	72 Outperform	$1.02B	6.11	10.81%	―	-5.60%	-17.86%
LSEA	61 Neutral	$411.79M	42.30	1.50%	―	24.15%	-60.70%
ARL	55 Neutral	$232.75M	―	-2.20%	―	-6.48%	-592.10%
Sector *	53 Neutral	$1.19B	3.25	-0.13%	7.48%	-1.64%	-127.49%
OZ		$246.58M	―	-9.30%	―	―	―

Five Point Holdings Corporate Events

Five Point Holdings Acquires Stake in Hearthstone Venture

On June 19, 2025, Five Point Holdings entered into a Contribution and Purchase Agreement with Hearthstone, Inc. and associated entities to acquire a controlling interest in a new venture, Hearthstone Residential Holdings, LLC. This strategic partnership aims to expand Five Point’s capabilities in providing capital solutions to the homebuilding sector, leveraging Hearthstone’s platform and expertise. The transaction, valued at $56.25 million, will see Five Point owning 75% of the new venture, with Hearthstone retaining 25%. The acquisition is expected to close by the end of the third quarter of 2025, subject to customary conditions, and aims to create new revenue streams and strengthen relationships with builder partners.

Five Point Holdings Concludes Annual Shareholder Meeting

On May 21, 2025, Five Point Holdings, LLC held its Annual Meeting of Shareholders, where 91.4% of the issued and outstanding common shares were represented. During the meeting, shareholders elected three directors, approved executive compensation on a non-binding advisory basis, and ratified Deloitte & Touche LLP as the independent registered public accountants for the fiscal year ending December 31, 2025.