Five Point Holdings (FPH) AI Stock Analysis

• Market Cap: $612.05M
• Dividend Yield: N/A
• Average Volume (3M): 226.73K
• Price to Earnings (P/E): 5.3
• Beta (1Y): 0.90
• Revenue Growth: -19.68%
• EPS Growth: 44.82%
• Country: US
• Employees: 88
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): 0.04
• Shares Outstanding: 69,861,336
• 10 Day Avg. Volume: 115,608
• 30 Day Avg. Volume: 226,734
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 3.98
• Enterprise Value/Revenue: 12.33
• Enterprise Value/Gross Profit: 27.34
• Enterprise Value/Ebitda: 59.62
• 1Y Price Target: $6.00
• Price Target Upside: 5.63% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 76 Outperform
• Price Target: $6.00 ▲(5.63% Upside)

Five Point Holdings scores well due to strong financial performance and attractive valuation. The strategic acquisition of Hearthstone is a positive corporate event. However, technical indicators suggest neutral momentum, and challenges in the residential market present risks.

Five Point Holdings Business Overview & Revenue Model

Company Description

Five Point Holdings (FPH) is a leading real estate investment and development company specializing in large-scale mixed-use communities and master-planned developments. The company operates primarily in the residential and commercial real estate sectors, focusing on creating vibrant neighborhoods that integrate housing, retail, and recreational spaces. With a commitment to sustainable development, FPH aims to enhance the quality of life for residents while delivering long-term value to investors.

How the Company Makes Money

Five Point Holdings generates revenue through multiple streams, primarily by developing and selling residential and commercial properties within its planned communities. The company typically engages in joint ventures and partnerships to share capital expenditures and risks, which facilitates large-scale developments. Additionally, FPH earns revenue from leasing commercial spaces to businesses and collecting homeowners' association fees in residential communities. Significant partnerships with local municipalities and other developers also aid in navigating regulatory processes, further enhancing the company's revenue potential through streamlined project approvals and increased market access.

Five Point Holdings Financial Statement Overview

Summary

Five Point Holdings demonstrates strong financial performance with impressive revenue growth, improved profitability, and effective cash flow management. The balance sheet is healthy with manageable leverage, although there is room for improvement in liability reduction.

Income Statement

Five Point Holdings has shown impressive revenue growth with a consistent increase in total revenue from previous years. The company's gross profit and net profit margins have improved significantly, indicating strong profitability. The EBIT and EBITDA margins are robust, reflecting efficient operational management.

Balance Sheet

The balance sheet displays a healthy debt-to-equity ratio, suggesting manageable leverage. The return on equity has improved over time, indicating enhanced shareholder value. Additionally, the equity ratio remains stable, showing a strong capital position, although there is room for improvement in reducing liabilities.

Cash Flow

The cash flow statement reveals strong free cash flow growth, highlighting effective cash management. The operating cash flow to net income ratio is favorable, suggesting good cash earnings quality. The company is successfully converting profits into cash, though further improvements in cash flow consistency could be beneficial.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	197.43M	237.93M	211.73M	42.69M	224.39M	153.62M
Gross Profit	89.02M	118.83M	77.74M	15.20M	80.10M	42.25M
EBITDA	40.82M	86.96M	46.10M	-22.45M	28.97M	-27.11M
Net Income	77.85M	68.30M	55.39M	-15.40M	6.57M	-408.00K
Balance Sheet
Total Assets	3.16B	3.08B	2.97B	2.89B	2.94B	2.96B
Cash, Cash Equivalents and Short-Term Investments	457.63M	430.88M	353.80M	131.77M	265.46M	298.14M
Total Debt	602.41M	525.74M	692.54M	699.35M	702.58M	721.71M
Total Liabilities	908.68M	896.32M	962.18M	992.74M	1.02B	1.05B
Stockholders Equity	779.39M	749.44M	678.05M	618.13M	634.42M	617.67M
Cash Flow
Free Cash Flow	150.42M	115.18M	154.12M	-188.38M	-81.57M	-80.65M
Operating Cash Flow	150.74M	115.99M	154.12M	-188.30M	-81.42M	-78.50M
Investing Cash Flow	97.98M	70.06M	77.11M	63.99M	75.31M	52.94M
Financing Cash Flow	-9.47M	-108.98M	-9.20M	-9.72M	-26.58M	-23.54M

Five Point Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5.68
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 5.68 is above the 20-day moving average (MA) of 5.56, below the 50-day MA of 5.69, and above the 200-day MA of 5.17, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 53.56 is Neutral, neither overbought nor oversold. The STOCH value of 53.58 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	$111.74M	8.88	10.25%	―	-3.26%	89.15%
FOR	78 Outperform	$1.46B	9.01	10.19%	―	2.35%	-17.21%
FPH	76 Outperform	$612.05M	5.26	10.56%	―	-19.68%	44.82%
Sector *	65 Neutral	$2.11B	15.89	3.79%	4.96%	4.78%	6.63%
LSEA	61 Neutral		―		―	24.15%	-60.70%
ARL	43 Neutral	$256.17M	―	-1.93%	―	-4.84%	-412.72%
OZ	―	$249.14M	―	-10.39%	―	―	―

Five Point Holdings Corporate Events

Five Point Holdings Amends Development Agreement for Key Sites

On August 6, 2025, CP Development Co., LLC, a subsidiary of Five Point Holdings, amended its Disposition and Development Agreement with the Successor Agency to the Redevelopment Agency of San Francisco for the Candlestick Point and Hunters Point Shipyard sites. The amendment allows for the transfer of 2,050,000 square feet of research and development and office space from the Shipyard to Candlestick, streamlines approval processes, and increases the limit on bonded indebtedness from $1.7 billion to $5.9 billion. It also extends timeframes for incurring and repaying redevelopment-related indebtedness, with provisions to account for delays in site remediation by the U.S. Navy, impacting the financing of obligations such as affordable housing.

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.