Strawberry Fields REIT STRW

REIT - Specialty, Real Estate

$12.67

−0.94%

Market cap: $179.4M
PE: 19.8×; 2y median 21.1×
Forward PE: n/m; not a meaningful number
Price to FFO: 3.1×; its own FFO
Price to sales: 1.1×
EV/EBIT: 11.2×
Revenue, 12 months: $159.8M; +18% on a year ago
Net margin: 5.3%

Strawberry Fields REIT trades at 3.1× its funds from operations, the earnings measure REITs are valued on. Revenue was $159.8M over the last twelve months, up 18% on a year earlier with a 5% net margin.

Charts

Financials

Income statement for STRW, by quarter
Income statement	Q3 FY23	Q4 FY23	Q1 FY24	Q2 FY24	Q3 FY24	Q4 FY24	Q1 FY25	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26
	$25.8M+6%	$25.5M+8%	$27.8M+15%	$29.3M+20%	$29.5M+14%	$30.5M+20%	$37.3M+34%	$37.9M+29%	$39.7M+35%	$40.1M+32%	$40M+7%	$40M+6%
SG&A	$1.6M+114%	$1.7M−9%	$1.5M+6%	$2.1M+121%	$1.4M−9%	$1.8M+6%	$2.1M+33%	$2M−5%	$1.5M+5%	$3.1M+71%	$2.5M+23%	$3.2M+62%
	$13.1M−25%	$12.4M+1%	$14.3M+51%	$15.3M+22%	$16M+23%	$15.7M+27%	$20.2M+41%	$20.6M+35%	$22.5M+40%	$21M+34%	$22.1M+10%	$21.5M+4%
Interest expense	$8.4M+14%	$7M+35%	$8.3M+55%	$8.3M+41%	$9.1M+8%	$9.1M+30%	$13.2M+59%	$12M+45%	$13.6M+49%	$12.2M+33%	$12.7M−4%	$12.4M+4%
Net income	$589K−42%	$714K−14%	$746K+51%	$938K+34%	$944K+60%	$1.5M+106%	$1.6M+112%	$2M+109%	$2M+114%	$2M+38%	$2.3M+44%	$2.2M+10%
	$0.09−47%	$0.11−15%	$0.12+50%	$0.14+27%	$0.14+56%	$0.17+55%	$0.13+8%	$0.16+14%	$0.16+14%	$0.15−12%	$0.17+31%	$0.16+0%
	6.4M+5%	6.4M+2%	6.5M+2%	6.5M+2%	7M+9%	8.6M+35%	12.2M+88%	12.5M+92%	13M+87%	13.1M+53%	13.3M+9%	13.5M+8%

Revenue: Q1 FY21 and Q1 FY22: 6 months less the 3 months printed beside them.

SG&A: Q1 FY21: 6 months less the 3 months printed beside them.

Operating income: Q1 FY21: 6 months less the 3 months printed beside them.

Interest expense: Q1 FY21: 6 months less the 3 months printed beside them.

Net income: Q1 FY21 and Q1 FY22: 6 months less the 3 months printed beside them.

EPS, diluted: 6 periods, Q1 FY22 to Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: Q1 FY22: share-days: the 6-month average less the second quarter's. 4 periods, Q4 FY22 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in REIT - Specialty nearest Strawberry Fields REIT's size, closest first.

Company	Market cap	PE	Its 10y median PE	P/S	Revenue growth	Net margin
STRWStrawberry Fields REIT	$179.4M	19.8×	21.1×	1.1×	+18%	5.3%
MITTTPG Mortgage Investment Trust	$173M	7.4×	8.5×	n/m	n/m	n/m
SEVNSeven Hills Realty Trust	$140.4M	9.2×	8.2×	4.5×	−2%	38.0%
REFIChicago Atlantic Real Estate Finance	$240.1M	6.8×	7.7×	n/m	n/m	n/m
PINEAlpine Income Property Trust	$289.9M	35.1×	76.6×	3.8×	+32%	16.5%
NREFNexPoint Real Estate Finance	$294.2M	7.5×	7.4×	n/m	n/m	n/m
ESBAEmpire State Realty OP	$106.2M	159×	40.7×	0.1×	+2%	1.2%
CHMICherry Hill Mortgage Investment	$94.6M	14.2×	14.0×	2.9×	+124%	49.7%
CHCTCommunity Healthcare Trust	$372.5M	19.4×	95.0×	3.0×	+6%	16.8%
SUNSSunrise Realty Trust	$85.8M	6.5×	8.9×	3.5×	+44%	53.3%
XRNChiron Real Estate	$397.1M	8.1×	9.7×	2.6×	+8%	37.8%
Peer median	$206.5M	8.7×	9.3×	3.0×	+8%	37.8%