STRW
Strawberry Fields REIT LLC
STRW's fundamentals are mixed, but it looks expensive: trading at 56x earnings, more than twice its usual 20x. Analysts expect earnings growth.
STRW Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
STRW's profitability is currently healthy, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for real estate companies like STRW.
STRW PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 16x | $12.30 | — |
| Cheap | 18x | $3.87 | -69% |
| Fair | 20x | $4.49 | -63% |
| Expensive | 23x | $5.17 | -58% |
| Current | 56x | $12.30 | — |
Historical ranges are pointers, not guarantees.
STRW's PE is in its expensive range at 56x. If earnings grow as analysts expect, today's price would be 16x next year's earnings, in its cheap range.
STRW Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Stable | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect STRW's earnings to grow, but its profitability to weaken.
STRW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.77 | +248% |
| Q3 2026 | $0.22 | -65% |
| Q2 2026 | $0.64 | +6.7% |
| Q1 2026 | $0.64 | +10% |
| Q4 2025 | $0.60 | +5.3% |
| Q3 2025 | $0.62 | +22% |
| Q2 2025 | $0.60 | +30% |
| Q1 2025 | $0.58 | +35% |
| Q4 2024 | $0.57 | +46% |
STRW earned $0.22 per share over the past year, down 65% from the year before.
STRW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $40M | +0.7% |
| Q2 2026 | $40M | +5.8% |
| Q1 2026 | $40M | +7.1% |
| Q4 2025 | $40.1M | +32% |
| Q3 2025 | $39.7M | +35% |
| Q2 2025 | $37.9M | +29% |
| Q1 2025 | $37.3M | +34% |
| Q4 2024 | $30.5M | +20% |
STRW's revenue has grown year over year every quarter since mid-2022: $40M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 58% | +1.8 points |
| Q2 2026 | 54% | -0.8 points |
| Q1 2026 | 55% | +1.3 points |
| Q4 2025 | 52% | +0.9 points |
| Q3 2025 | 57% | +2.2 points |
| Q2 2025 | 54% | +2.2 points |
| Q1 2025 | 54% | +2.8 points |
| Q4 2024 | 51% | +2.9 points |
STRW's operating margin was 58% last quarter, up 1.8 points from the same quarter a year ago, near the top of its range since 2021.
STRW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $13.5M | -35% |
| Q2 2026 | $24.2M | -19% |
| Q1 2026 | $17.5M | -7.8% |
| Q4 2025 | $20.6M | -17% |
| Q3 2025 | $20.7M | +75% |
| Q2 2025 | $29.8M | +45% |
| Q1 2025 | $19M | +793% |
| Q4 2024 | $24.8M | +92% |
STRW's free cash flow was $76M over the past year, down 20% from the year before. Free cash flow isn't a meaningful measure for real estate companies like STRW.
STRW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +5.9% | +792K shares |
| 1 year | +9.6% | +1.3M shares |
| 3 years | +124% | +7.9M shares |
| 5 years | +144% | +8.4M shares |
STRW has 14M diluted shares, up 9.6% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q4 2024 | $1.6M |
| Q3 2024 | $213,000 |
| Q2 2024 | $507,000 |
| Q1 2024 | $153,000 |
| Q1 2022 | — |
| Q4 2021 | — |
STRW Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 5.6x | High |
| Q2 2026 | 5.8x | High |
| Q1 2026 | 5.7x | High |
| Q4 2025 | 5.8x | High |
| Q3 2025 | 6.2x | High |
| Q2 2025 | 6.2x | High |
| Q1 2025 | 6.5x | High |
| Q4 2024 | 6.6x | High |
STRW's net debt is about 5.6 years of its operating earnings (EBITDA), down from 6.2 years a year ago. Net leverage isn't a meaningful measure for real estate companies like STRW.
STRW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.9 | Neutral |
| Stochastic | 8.7 | Oversold |
STRW's weekly RSI is 36 (neutral) and its Stochastic is 9 (oversold).
STRW PE vs Real Estate Sector
| Metric | STRW | Sector median | Relative |
|---|---|---|---|
| PE | 56x | 24x | 134% above |
| PE % | 100 | 27 | 73 pts above |
STRW is trading at 56x earnings, a 134% premium to the Real Estate sector's median of 24x.
STRW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.8 | 4% below |
| 20 week MA | $13.5 | 8.6% below |
| 50 week MA | $13.2 | 6.7% below |
| 100 week MA | $12.2 | 0.7% above |
| 200 week MA | $10.5 | 18% above |
STRW has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 18% above its 200-week average.
STRW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2022 | $9.88 | $8.00 | -19% |
| 2023 | $8.00 | $7.72 | -3.5% |
| 2024 | $7.72 | $10.4 | +34% |
| 2025 | $10.4 | $13.0 | +25% |
| 2026 YTD | $13.0 | $12.3 | -5.3% |
STRW has finished lower in two of the last four years. It's down 5.3% so far in 2026.