Strawberry Fields REIT, Inc. (STRW) 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

+2784.2%

$365.14

vs $12.66 price

Levered DCF

$602.79

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

0.72

Distress zone

Rating

C+

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
P/E	21.83×	18.49×	19.79×	26.61×	149.25×	4.93×	12.66×
P/B	13.74×	4.13×	6.55×	6.37×	25.89×	4.37×	0×
P/S	1.07×	0.64×	0.49×	0.54×	0.67×	0.7×	0.72×
EV / EBITDA	7.09×	7.4×	7.65×	7.33×	9.32×	8.47×	0×
Gross margin	30.1%	87.0%	85.0%	85.2%	86.9%	87.7%	87.0%
Operating margin	54.4%	52.4%	47.5%	54.0%	42.2%	47.0%	38.8%
Net margin	4.9%	3.5%	2.5%	2.0%	6.1%	14.1%	5.7%
Current ratio	5.47×	7.37×	4.66×	6.46×	4.13×	7×	0×
Debt / equity	65.37×	36.97×	71.66×	58.73×	222.46×	36.42×	0×
Interest coverage	1.65×	1.82×	1.87×	2.35×	1.72×	1.66×	1.22×
Dividend yield	4.6%	5.4%	5.8%	1.3%	2.6%	0.0%	0.0%
Payout ratio	100.8%	98.5%	115.1%	34.4%	28.4%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	62.6%	22.5%	33.2%	23.8%	235.6%	88.6%	0.0%
Return on invested capital	9.8%	8.0%	7.9%	9.4%	6.7%	7.7%	0.0%
Return on assets	0.9%	0.5%	0.4%	0.3%	0.9%	2.3%	0.0%
Free cash flow yield	54.1%	47.1%	111.8%	102.7%	76.4%	63.7%	47.7%
Earnings yield	4.6%	5.5%	5.1%	3.7%	9.1%	20.3%	7.9%
Enterprise value	$925.9M	$698.5M	$575M	$486.6M	$536.3M	$529.7M	$0
Net debt / EBITDA	5.82×	6.61×	6.99×	6.58×	8.3×	7.53×	0×
Cash conversion cycle (days)	131	138	150	169	139	-372	0