Power REIT
Market Cap
US$25.5m
Last Updated
2020/02/22 23:57 UTC
Data Sources
Company Financials
Executive Summary
Power REIT is a Maryland-domiciled real estate investment trust (a “REIT”) that owns a portfolio of real estate assets related to transportation, energy infrastructure and Controlled Environment Agriculture (CEA) in the United States.
Rewards
Risk Analysis
Snowflake Analysis
Proven track record and slightly overvalued.
Share Price & News
How has Power REIT's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PW's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
7.1%
PW
-0.07%
US REITs
-1.1%
US Market
1 Year Return
140.2%
PW
16.0%
US REITs
17.9%
US Market
Return vs Industry: PW exceeded the US REITs industry which returned 16% over the past year.
Return vs Market: PW exceeded the US Market which returned 17.9% over the past year.
Shareholder returns
| PW | Industry | Market | |
|---|---|---|---|
| 7 Day | 7.1% | -0.07% | -1.1% |
| 30 Day | 59.3% | 3.6% | 1.4% |
| 90 Day | 62.7% | 7.8% | 6.9% |
| 1 Year | 140.2%140.2% | 20.7%16.0% | 20.3%17.9% |
| 3 Year | 97.4%97.4% | 37.9%20.6% | 47.8%38.3% |
| 5 Year | 57.5%57.5% | 60.3%27.3% | 71.9%53.0% |
Price Volatility Vs. Market
How volatile is Power REIT's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Do Directors Own Power REIT (NYSEMKT:PW) Shares?1 month ago | Simply Wall St
Taking A Look At Power REIT's (NYSEMKT:PW) ROE2 months ago | Simply Wall St
Should You Worry About Power REIT's (NYSEMKT:PW) CEO Pay?Valuation
Is Power REIT undervalued compared to its fair value and its price relative to the market?
36.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PW ($13.62) is trading below our estimate of fair value ($21.58)
Significantly Below Fair Value: PW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PW is poor value based on its PE Ratio (41.5x) compared to the REITs industry average (37.2x).
PE vs Market: PW is poor value based on its PE Ratio (41.5x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PW's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PW is overvalued based on its PB Ratio (2.7x) compared to the US REITs industry average (2.1x).
Next Steps
Future Growth
How is Power REIT forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
5.2%
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Power REIT has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Check out Power REIT's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Power REIT competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
Past Performance
How has Power REIT performed over the past 5 years?
74.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PW has high quality earnings.
Growing Profit Margin: PW's current net profit margins (30.2%) are higher than last year (28.7%).
Past Earnings Growth Analysis
Earnings Trend: PW has become profitable over the past 5 years, growing earnings by 74.5% per year.
Accelerating Growth: PW's earnings growth over the past year (8.2%) is below its 5-year average (74.5% per year).
Earnings vs Industry: PW earnings growth over the past year (8.2%) exceeded the REITs industry 7.6%.
Return on Equity
High ROE: PW's Return on Equity (7%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Power REIT's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: PW has a high level of physical assets or inventory.
Debt Coverage by Assets: PW's debt is covered by short term assets (assets are 1.1x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PW is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: PW is profitable, therefore cash runway is not a concern.
Financial Institutions Analysis
Asset Level: PW's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if PW has a sufficient allowance for bad loans.
Low Risk Liabilities: PW reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if PW has an acceptable proportion of non-loan assets held.
Low Risk Deposits: PW has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if PW has an appropriate level of bad loans.
Next Steps
Dividend
What is Power REIT's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate PW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate PW's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PW's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PW's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: PW is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PW's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.2yrs
Average board tenure
CEO
David Lesser (53yo)
8.2yrs
Tenure
US$241,200
Compensation
Mr. David H. Lesser has been the Chief Executive Officer and Chairman of the Board of Trustees at Power REIT since December 2011 and as its Secretary and Treasurer since January 2014. Mr. Lesser has been t ...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 8.2yrs | US$241.20k | 27.13% $6.9m | |
| 8.2yrs | US$4.22k | 0.32% $81.7k | ||
| 8.2yrs | US$4.22k | 0.34% $87.2k | ||
| 8.2yrs | US$4.22k | 0.42% $108.1k | ||
| 3.7yrs | US$4.22k | 2.79% $710.7k |
8.2yrs
Average Tenure
53yo
Average Age
Experienced Board: PW's board of directors are considered experienced (8.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PW insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3%.
Top Shareholders
Company Information
Power REIT's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Power REIT
- Ticker: PW
- Exchange: AMEX
- Founded: 1916
- Industry: Specialized REITs
- Sector: Real Estate
- Market Cap: US$25.511m
- Shares outstanding: 1.87m
- Website: https://www.pwreit.com
Number of Employees
Location
- Power REIT
- 301 Winding Road
- Old Bethpage
- New York
- 11804
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PW | AMEX (NYSE MKT LLC) | Yes | Common Stock | US | USD | Jan 1968 |
Biography
Power REIT is a Maryland-domiciled real estate investment trust (a “REIT”) that owns a portfolio of real estate assets related to transportation, energy infrastructure and Controlled Environment Agriculture (CEA) in the United States. Power REIT is focused on making new acquisitions of real estate within the CEA sector related to food and cannabis production.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/22 23:57 |
| End of Day Share Price | 2020/02/21 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.