Power REIT (PW) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-8618.8%

-$586.94

vs $6.89 price

Levered DCF

-$486.10

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

-2.67

Distress zone

Rating

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-0.11×	-0.02×	-0.01×	-0.05×	4.89×	5.04×	4.09×	1.24×
P/B	0.06×	0.07×	0.01×	0.03×	0.38×	0.34×	0.13×	0.08×
P/S	0.15×	0.15×	0.1×	0.16×	2.59×	1.19×	0.77×	0.52×
EV / EBITDA	116.81×	-1.8×	-3.68×	-3.41×	5.6×	6.27×	5.83×	5.68×
Gross margin	23.0%	34.5%	-9.7%	89.7%	99.7%	99.4%	99.0%	98.9%
Operating margin	-21.9%	-48.8%	-200.6%	49.8%	74.3%	87.0%	80.3%	66.7%
Net margin	-109.1%	-810.2%	-646.4%	-167.3%	60.8%	50.8%	43.4%	42.5%
Current ratio	3.72×	1.56×	3.33×	5.79×	6.8×	21.37×	23.3×	3.55×
Debt / equity	3.89×	5.54×	1.16×	0.85×	0.4×	1.56×	1.86×	0.78×
Interest coverage	-0.21×	-0.38×	-1.65×	2.41×	5.51×	3.19×	3.32×	0×
Dividend yield	0.0%	0.0%	296.3%	36.7%	3.0%	5.5%	16.6%	27.1%
Payout ratio	0.0%	0.0%	-4.5%	-3.4%	12.7%	12.9%	29.6%	33.4%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-42.7%	-365.9%	-46.7%	-32.2%	8.8%	14.3%	7.2%	6.9%
Return on invested capital	-1.8%	-3.4%	-6.7%	5.2%	7.6%	9.2%	4.7%	6.0%
Return on assets	-8.2%	-53.6%	-20.5%	-16.5%	6.0%	5.4%	2.5%	3.8%
Free cash flow yield	-22.9%	-309.1%	-1197.2%	512.7%	36.5%	-143.0%	-25.3%	122.3%
Earnings yield	-734.8%	-5481.2%	-6520.0%	-1068.3%	23.5%	42.6%	56.2%	81.0%
Enterprise value	$18M	$35.7M	$33.7M	$36.3M	$42.1M	$23.3M	$10.2M	$8.8M
Net debt / EBITDA	114.88×	-1.78×	-3.65×	-3.28×	2.68×	4.89×	4.87×	5.01×
Cash conversion cycle (days)	8	9	1,574	-567	-200	-190	-813	-157,503