Power REIT

PW Real Estate Reit Specialty

Power REIT’s revenue for fiscal 2025 (year ended December 2025) was $2.0 million, down 34.0% from fiscal 2024.

Revenue
+154.5%
EPS
+48.0%
Free cash flow
+1,329.8%
Total debt
−3.62%

Quarter to June 2026, against a year earlier

6.51 0.20 −2.98%
Market cap
$2.5M
P/E
0.0×
Fwd P/E
0.0×
Dividend yield
—
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 0.24
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — 2 2 — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 26.43%

Capital & Financial Ratios $m

Size
Market Cap 2.47
Revenue ttm 2.79
Net income ttm (1.56)
Free cash flow ttm 2.12
Net debt Q 16.51
Valuation
P/E 0.00
Forward P/E 0.00
Price / sales 0.88
Forward P/S Powerpack
Price / FCF 1.16
Price / book 0.00
Financial health
Current ratio Q 3.60
Debt / equity Q 4.19
Interest coverage Q 3.78
Growth
Revenue growth Q +154.50% (above 0%: growing)
Operating income growth Q +659.73% (above 0%: growing)
EPS, this year —
EPS, next year A —
Revenue, next year A +128.94% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 4.92%
10-year low 10-year high
EV/Sales against its own 10 years 6.09%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 4 2 2 3
Receivables — — — —
Inventory — — — —
Other — — — —
5 4 3 4
2023 2024 2025 Q'26
Payables 0 0 0 0
ST’ Debt 15 17 1 1
Other — — — —
16 18 1 1

Compound Annual Growth %

10y 5y 3y
Sales 0.21% (13.98%) (38.19%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value (3.21%) (15.20%) (47.55%)

EPS $

Mar Jun Sep Dec Year
’26 (2.90) 0.74 — — —
’25 (4.70) 0.47 0.20 (4.30) (8.30)
’24 (6.60) (57.00) (1.40) (9.80) (74.80)
’23 (1.50) (6.90) (30.10) (5.80) (44.30)
’22 2.50 2.30 1.20 (50.00) (44.10)
’21 3.30 4.10 4.90 1.40 13.80
’20 0.90 2.10 2.50 4.00 9.60
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 0 1 — — —
’25 0 1 1 1 2
’24 1 1 1 1 3
’23 1 0 0 1 2
’22 2 2 2 2 9
’21 2 2 3 2 8
’20 1 1 1 1 4
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 0 1 — — —
’25 0 0 0 0 0
’24 0 (1) 0 0 (1)
’23 (1) (1) 0 (1) (3)
’22 3 2 1 0 7
’21 1 2 3 2 8
’20 1 1 1 1 3
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 0 1 — — —
’25 0 0 0 0 0
’24 0 (1) 0 0 0
’23 (1) 2 0 2 3
’22 (12) 0 (1) 0 (14)
’21 (5) (7) (20) (2) (34)
’20 (2) (3) (2) (2) (9)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 2 2 2 2 4 8 9 2 3 2 3 +0.2% — — — —
Gross margin, % 99.31 98.85 98.89 98.98 99.36 99.69 89.69 79.41 34.54 51.92 85.85 (47.4) pt
EBT 0 1 1 1 2 5 (14) (14) (25) (2) (2) n/m
EBT margin, % 12.51 36.25 42.48 43.42 50.83 60.82 (167.34) (646.37) (810.21) (109.11) (55.95) (121.6) pt
Net income 0 1 1 1 2 5 (14) (14) (25) (2) (2) n/m
Per share, $
Per share, $ Revenue 11.16 10.95 10.68 11.65 22.36 26.61 25.22 6.56 9.00 5.89 7.60 (6.9%)
Earnings (0.20) 2.40 3.00 3.56 9.60 14.10 (44.10) (44.30) (74.80) (8.30) (6.26) +51.3%
Cash flow 5.00 5.82 6.85 7.33 15.47 25.18 20.25 (7.74) (4.11) (0.20) 4.14 n/m
Capex 0.00 0.00 0.00 (9.61) (64.47) (132.46) (62.03) 15.42 3.75 0.00 1.65 n/m
Free cash flow 5.00 5.82 6.85 (2.28) (48.99) (107.29) (41.78) 7.69 (0.36) (0.20) 5.79 n/m
Book value 41.15 43.74 47.05 51.14 61.32 156.77 105.38 90.77 19.92 15.05 12.78 (10.6%)
Shares, m 0 0 0 0 0 0 0 0 0 0 0 +7.6%
Valuation, ×
Valuation, × P/E 0.00 24.80 18.06 22.50 27.54 49.56 0.00 0.00 0.00 0.00 0.00 14.2
P/S 7.04 5.66 5.24 7.73 11.95 25.89 1.55 1.02 1.48 1.48 0.88 6.9
P/B 1.91 1.42 1.19 1.76 4.36 4.39 0.37 0.10 0.00 0.00 0.00 1.6
EV/Sales 11.85 10.07 9.19 11.63 16.21 28.25 5.54 15.25 13.01 10.30 6.80 13.1
EV/FCF (20.89) (21.00) (24.56) 14.49 (7.40) (7.01) (3.34) 16.84 (323.45) 25.29 8.93 (35.1)
Cash, $m
Cash, $m Operating cash flow 1 1 1 1 3 8 7 (3) (1) 0 2 n/m
Capex — — — (2) (12) (42) (21) 5 1 — 1 n/m
Free cash flow 1 1 1 0 (9) (34) (14) 3 0 0 2 n/m
Balance, $m
Balance, $m Working capital 0 1 1 15 5 2 1 (11) (14) 2 3 +29.6%
Net debt 9 9 8 9 18 20 34 32 35 18 17 +7.2%
Shareholders’ equity 7 8 9 10 12 50 36 31 7 5 5 (3.8%)
Returns, %
Returns, % ROA (0.15) 2.06 2.58 2.24 4.83 7.14 (17.38) (19.20) (43.61) (7.80) (8.19) (7.6) pt
ROIC 4.59 5.02 4.99 5.09 6.98 5.62 3.81 (2.48) (2.22) (1.15) 3.41 (5.7) pt
ROE (0.45) 5.77 6.72 7.30 17.77 14.60 (34.90) (51.90) (246.93) 111.91 69.78 +112.4 pt
People
People Employees — — — — — 2 2 2 2 2 — 0.0%
Revenue/emp, $m 0.00 0.00 0.00 0.00 0.00 4.23 4.26 1.11 1.52 1.01 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

Power REIT vs peers in Reit Specialty (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
OUT OUTFRONT Media Inc. $5.6B 23.0× 22.4× +13.54% (above 0%: growing) +340.00% (above 0%: growing) +167.78% (above 0%: growing) 52.90% 22.22% Compare
EPR EPR Properties $4.6B 16.7× 18.8× +11.96% (above 0%: growing) +53.75% (above 0%: growing) −34.67% (below 0%: shrinking) 92.31% 68.23% Compare
BXDC Blackstone Digital Infrastructure Trust Inc. $1.6B — — — — — — 0.00% Compare
UNIT Uniti Group Inc. $1.3B 1.1× — (loss-making) +202.53% (above 0%: growing) n/m −379.58% (below 0%: shrinking) 57.83% 3.54% Compare
FRMI Fermi Inc. $981.1M — (loss-making) — — n/m −414.49% (below 0%: shrinking) — 0.00% Compare
FPI Farmland Partners Inc. $368.1M 46.6× 35.9× −13.10% (below 0%: shrinking) n/m −211.64% (below 0%: shrinking) 67.10% (128.02%) Compare
LAND Gladstone Land Corporation $303.3M — (loss-making) — (loss-making) +3.22% (above 0%: growing) n/m +1,646.28% (above 0%: growing) 74.05% (33.96%) Compare
SELF Global Self Storage, Inc. $55.5M 27.0× 20.2× +0.63% (above 0%: growing) +16.67% (above 0%: growing) −13.35% (below 0%: shrinking) 60.34% 21.58% Compare
PW Power REIT $2.5M — (loss-making) — (loss-making) +154.50% (above 0%: growing) +48.00% (above 0%: growing) +1,329.76% (above 0%: growing) 93.82% 70.26%
Median of peers $1.1B 23.0× 21.3× +7.59% +53.75% −34.67% 63.72% 1.77%

All 19 Reit Specialty stocks →

Pay and ownership Proxy statement filed 23 September 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 150.00k 146.48k 22.28
2024 150.00k 173.47k 33.67
2023 150.00k (61.58k) 16.45

Ownership

Directors and executive officers, together 20.72%
David H. Lesser 19.09%
Henry Posner III 9.26%
Saquib Fasih Toor 8.70%
Bradley & Daytona Railway and Land Co. LLC 5.01%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Power REIT (PW) Latest News

stockrow.com/PW · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com