Five Point Holdings LLC (FPH)

Real Estate · Real Estate - Development
$4.48 +0.00% on the day Market cap $656M 52-week range $4.43 to $6.47 Prices as of Oct 11, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Free cash flow growth the price needs
-11% a year for 10 years

At a market value of $656M, Five Point Holdings LLC's free cash flow of $105M (fiscal 2025) would need to grow about -11% a year for the stock to be worth today's price. That is faster than the company has grown its free cash flow over the last 2 years.

Assumes a 9% discount rate and 3% growth after year 10, on free cash flow (operating cash flow minus capital spending) from Five Point Holdings LLC's SEC filings. Change any assumption, or model revenue and margins instead, in the Modeling tab, or try your own numbers in the reverse DCF calculator.

Implied by the price-10.7% a year
Free cash flow, last 2 years-17.4% a year
Revenue, same period12.1% a year
Price to free cash flow6.2x

Fundamental grade

B

Five factors scored 1 to 9 from FPH's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation8
Profitability4
Growth9
Financial health7
Cash efficiency9

Results from SEC filings

Fiscal years, from Five Point Holdings LLC's 10-K filings. Ten years of the full income statement, balance sheet and cash flow.

Fiscal year20212022202320242025
Revenue$224M$43M$212M$238M$110M
Net income$7M-$15M$55M$68M$71M
Free cash flow-$82M-$188M$154M$115M$105M
EPS (diluted)—————
Operating margin1.3%-137.8%12.4%28.4%-6.7%

Where the revenue comes from

Revenue by segments, fiscal 2025. Every breakdown, year by year.

Great Park$879M94%
Valencia$44M5%
Hearthstone$12M1%
San Francisco$699,0000%

Superinvestors who own FPH

From each investor's latest 13F filing (what a 13F shows). 3 of the investors we track hold it.

InvestorLast quarterValue% of portfolioQuarter
Robert Robotti
Robotti & Company
Held $37M5.9%Q2 2026
Marty Whitman
Third Avenue Management LLC
Trimmed $19M3.1%Q2 2026
Jay Petschek
Corsair Capital Management
Held $553,6870.07%Q2 2026

Insider buying

Open-market purchases by Five Point Holdings LLC's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.

No open-market insider purchases of FPH in the last 12 months. Most insider activity is selling and option exercises, which aren't shown here.

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In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

What growth does Five Point Holdings LLC's stock price imply?

At a market value of $656M, Five Point Holdings LLC would need its free cash flow to grow about -11% a year for 10 years (discounted at 9%, 3% growth after that) to be worth today's price. Over the last 2 years its free cash flow grew -17% a year.

Are Five Point Holdings LLC insiders buying the stock?

No open-market insider purchases of FPH in the last 12 months, according to SEC Form 4 filings.

Which superinvestors own Five Point Holdings LLC?

3 of the superinvestors Investingly tracks hold FPH in their latest 13F, including Robert Robotti, Marty Whitman, Jay Petschek.

Prices and ratios as of Oct 11, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.