Power REIT (PW)
Market Price (12/20/2025): $1.02 | Market Cap: $3.5 MilSector: Real Estate | Industry: Other Specialized REITs
Power REIT (PW)
Market Price (12/20/2025): $1.02Market Cap: $3.5 MilSector: Real EstateIndustry: Other Specialized REITs
Investment Highlights
Why It Matters
Which of these 2 stories sounds closer for this stock?
1. Generates cash flow
The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.
2. Riding a trend
Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow
| Megatrend and thematic driversMegatrends include Renewable Energy Transition, E-commerce Logistics & Data Centers, and Sustainable & Green Buildings. Themes include Solar Energy Generation, Show more. | Weak multi-year price returns3Y Excs Rtn is -150% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -0.9 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -43% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 527% | ||
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -31%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -35%, Rev Chg QQuarterly Revenue Change % is -64% | ||
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 23% | ||
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -24%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -24% | ||
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -122% | ||
| Significant short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 22% | ||
| Key risksPW key risks include [1] significant going concern uncertainty due to financial instability, Show more. |
| Megatrend and thematic driversMegatrends include Renewable Energy Transition, E-commerce Logistics & Data Centers, and Sustainable & Green Buildings. Themes include Solar Energy Generation, Show more. |
| Weak multi-year price returns3Y Excs Rtn is -150% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -0.9 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -43% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 527% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -31%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -35%, Rev Chg QQuarterly Revenue Change % is -64% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 23% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -24%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -24% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -122% |
| Significant short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 22% |
| Key risksPW key risks include [1] significant going concern uncertainty due to financial instability, Show more. |
Valuation, Metrics & Events
PW Stock
Why The Stock Moved
Qualitative Assessment
AI Generated Analysis | Feedback
The following are key points contributing to the stock movement of Power REIT (PW) during the approximate time period from August 31, 2025, to December 20, 2025:
1. Power REIT reported a significant net loss for fiscal year 2024. The net loss attributable to common shareholders was $25,363,569, an increase from the previous year, primarily due to a substantial impairment charge of approximately $20 million related to its greenhouse properties.
2. Doubts were raised about the company's ability to continue as a going concern. The filing for fiscal year 2024 indicated that Power REIT's current liabilities surpassed its current assets.
Stock Movement Drivers
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| PW Return | 208% | 158% | -94% | -84% | 105% | -23% | -88% |
| Peers Return | � | � | -30% | 6% | -3% | -11% | � |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 16% | 112% |
Monthly Win Rates [3] | |||||||
| PW Win Rate | 58% | 58% | 17% | 33% | 75% | 25% | |
| Peers Win Rate | � | � | 40% | 46% | 46% | 48% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| PW Max Drawdown | -22% | 0% | -94% | -87% | -36% | -55% | |
| Peers Max Drawdown | � | � | -41% | -32% | -15% | -30% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: IIPR, AFCG, REFI, HASI.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/19/2025 (YTD)
How Low Can It Go
| Event | PW | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -99.4% | -25.4% |
| % Gain to Breakeven | 15593.0% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -53.6% | -33.9% |
| % Gain to Breakeven | 115.4% | 51.3% |
| Time to Breakeven | 57 days | 148 days |
| 2018 Correction | ||
| % Loss | -40.0% | -19.8% |
| % Gain to Breakeven | 66.6% | 24.7% |
| Time to Breakeven | 184 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -29.9% | -56.8% |
| % Gain to Breakeven | 42.8% | 131.3% |
| Time to Breakeven | 837 days | 1,480 days |
Compare to IRM, LAMR, EPR, LAND, FRMI
In The Past
Power REIT's stock fell -99.4% during the 2022 Inflation Shock from a high on 1/13/2022. A -99.4% loss requires a 15593.0% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth over time.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
Trade Ideas
Select past ideas related to PW. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 10312025 | MPW | Medical Properties Trust | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | 1.1% | 1.1% | -5.8% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 10312025 | MPW | Medical Properties Trust | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | 1.1% | 1.1% | -5.8% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Power REIT
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 12.99 |
| Mkt Cap | 0.3 |
| Rev LTM | 55 |
| Op Inc LTM | 68 |
| FCF LTM | 14 |
| FCF 3Y Avg | 19 |
| CFO LTM | 14 |
| CFO 3Y Avg | 19 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -11.2% |
| Rev Chg 3Y Avg | 1.9% |
| Rev Chg Q | -15.5% |
| QoQ Delta Rev Chg LTM | -4.1% |
| Op Mgn LTM | 3.4% |
| Op Mgn 3Y Avg | -3.9% |
| QoQ Delta Op Mgn LTM | -13.0% |
| CFO/Rev LTM | 43.6% |
| CFO/Rev 3Y Avg | 46.8% |
| FCF/Rev LTM | 43.6% |
| FCF/Rev 3Y Avg | 46.8% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.3 |
| P/S | 5.0 |
| P/EBIT | 3.9 |
| P/E | 7.7 |
| P/CFO | 4.6 |
| Total Yield | 12.7% |
| Dividend Yield | 5.1% |
| FCF Yield 3Y Avg | 9.2% |
| D/E | 1.3 |
| Net D/E | 1.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 7.2% |
| 3M Rtn | 0.1% |
| 6M Rtn | -1.9% |
| 12M Rtn | -9.0% |
| 3Y Rtn | -32.2% |
| 1M Excs Rtn | 4.3% |
| 3M Excs Rtn | -1.5% |
| 6M Excs Rtn | -16.1% |
| 12M Excs Rtn | -23.6% |
| 3Y Excs Rtn | -109.1% |
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/12/2022 | 7.2% | 33.9% | -0.8% |
| 4/1/2022 | 0.2% | -9.1% | -35.8% |
| 11/16/2021 | 2.3% | -17.6% | -16.9% |
| 8/9/2021 | 7.8% | 14.9% | 19.9% |
| 3/24/2021 | -1.4% | 1.4% | -2.6% |
| 10/28/2020 | 14.8% | 19.5% | 23.3% |
| 7/29/2020 | 0.1% | -1.1% | -21.1% |
| 11/5/2019 | -2.6% | 14.7% | 9.3% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 6 | 5 | 4 |
| # Negative | 3 | 4 | 5 |
| Median Positive | 4.8% | 14.9% | 14.6% |
| Median Negative | -2.6% | -6.6% | -16.9% |
| Max Positive | 14.8% | 33.9% | 23.3% |
| Max Negative | -8.0% | -17.6% | -35.8% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 10242025 | 10-Q 9/30/2025 |
| 6302025 | 8052025 | 10-Q 6/30/2025 |
| 3312025 | 5142025 | 10-Q 3/31/2025 |
| 12312024 | 3312025 | 10-K 12/31/2024 |
| 9302024 | 10312024 | 10-Q 9/30/2024 |
| 6302024 | 8072024 | 10-Q 6/30/2024 |
| 3312024 | 5102024 | 10-Q 3/31/2024 |
| 12312023 | 3292024 | 10-K 12/31/2023 |
| 9302023 | 11142023 | 10-Q 9/30/2023 |
| 6302023 | 8142023 | 10-Q 6/30/2023 |
| 3312023 | 5152023 | 10-Q 3/31/2023 |
| 12312022 | 3312023 | 10-K 12/31/2022 |
| 9302022 | 11142022 | 10-Q 9/30/2022 |
| 6302022 | 8122022 | 10-Q 6/30/2022 |
| 3312022 | 5092022 | 10-Q 3/31/2022 |
| 12312021 | 3312022 | 10-K 12/31/2021 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |