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Presidio Property Trust, Inc. (SQFT) 10-Year Financial Performance & Capital Metrics

SQFT • • REIT / Real Estate
Real EstateDiversified REITsSpecialized Property REITsGround Lease & Model Home REITs
AboutThe Company is an internally managed, diversified REIT (formerly named NetREIT). The Company acquires, owns and manages a geographically diversified portfolio of real estate assets including office, industrial, retail and model home residential properties leased to homebuilders located throughout the United States. As of September 30, 2020, the Company owned or had an equity interest in: 128 Model Homes that are owned by six affiliated limited partnerships and one wholly-owned corporation; Ten office buildings and one industrial property, which totals approximately 998,016 rentable square feet; and Four retail shopping centers, which total approximately 131,722 rentable square feet.Show more
  • Revenue $19M +7.3%
  • FFO -$20M -229.2%
  • FFO/Share -1.62 -223.5%
  • FFO Payout 0% -100.0%
  • FFO per Share -1.62 -223.5%
  • NOI Margin 66.94% +1.1%
  • FFO Margin -106.28% -220.4%
  • ROE -53.24% -399.5%
  • ROA -16.09% -470.6%
  • Debt/Assets 71.66% +17.0%
  • Net Debt/EBITDA 18.30 -11.7%
  • Book Value/Share 2.82 -45.5%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓FFO growing 93.5% TTM
  • ✓High NOI margin of 66.9%
  • ✓Healthy dividend yield of 5.8%
  • ✓Trading at only 1.1x book value

✗Weaknesses

  • ✗High debt to equity ratio of 2.9x
  • ✗Weak momentum: RS Rating 12 (bottom 12%)
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y1.4%
5Y-7.95%
3Y-0.53%
TTM-5.71%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM78.94%

EPS CAGR

10Y-
5Y-
3Y-
TTM-104.41%

ROCE

10Y Avg2.21%
5Y Avg1.1%
3Y Avg-0.12%
Latest-0.24%

Peer Comparison

Ground Lease & Model Home REITs
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
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Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
SAFESafehold Inc.1.08B15.0610.183.72%29.67%4.65%3.5%1.78
SQFTPresidio Property Trust, Inc.4.5M3.13-1.397.31%-38.69%-23.11%2.92

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Revenue+23.98M32.45M33.37M32.34M28.64M24.35M19.23M17.76M17.64M18.93M
Revenue Growth %0.46%0.35%0.03%-0.03%-0.11%-0.15%-0.21%-0.08%-0.01%0.07%
Property Operating Expenses8.52M10.14M10.72M10.89M10.43M8.82M6.18M5.84M5.96M6.26M
Net Operating Income (NOI)+----------
NOI Margin %----------
Operating Expenses+12.46M15.32M14.91M13.63M5.27M5.75M11.62M11.63M12.22M13.04M
G&A Expenses4.67M5.07M5.2M4.53M5.27M5.75M6.23M6.16M6.79M7.53M
EBITDA+10.96M32.28M33.37M32.34M20.17M15.94M6.82M5.76M4.88M5.14M
EBITDA Margin %----------
Depreciation & Amortization+7.95M25.29M25.63M24.52M7.23M6.15M5.4M5.47M5.43M5.52M
D&A / Revenue %----------
Operating Income+3.01M7M7.74M7.82M12.94M9.78M1.42M294.05K-543.48K-373K
Operating Margin %----------
Interest Expense+10.77M13.53M12.95M13.04M10.65M8.83M4.86M4.71M5M6.2M
Interest Coverage0.28x0.52x0.60x0.60x1.21x1.11x0.29x0.06x-0.11x-0.06x
Non-Operating Income-1.31M-1.18M007.36M6.27M-1.93M-7.12M-18.39M16.47M
Pretax Income+-6.45M-5.36M-2.63M4.97M1.38M-5.89M-1.51M2.7M12.84M-23.04M
Pretax Margin %----------
Income Tax+172.69K213.86K208.68K518.57K611.26K370.88K-47.62K1.22M-335.78K60.85K
Effective Tax Rate %----------
Net Income+-3.82M-5.81M-3.48M3.38M-610.21K-7.67M-3.63M-2.13M10.15M-25.63M
Net Margin %----------
Net Income Growth %0.06%-0.52%0.4%1.97%-1.18%-11.58%0.53%0.41%5.77%-3.53%
Funds From Operations (FFO)+----------
FFO Margin %----------
FFO Growth %1.06%3.71%0.14%0.26%-0.76%-1.23%2.17%0.88%3.67%-2.29%
FFO per Share+----------
FFO Payout Ratio %----------
EPS (Diluted)+-0.22-0.34-0.200.190.09-0.69-0.140.130.68-2.25
EPS Growth %0.08%-0.55%0.41%1.95%-0.54%-8.91%0.8%1.93%4.23%-4.31%
EPS (Basic)-0.22-0.34-0.200.190.09-0.69-0.140.130.68-2.25
Diluted Shares Outstanding17.14M17.29M17.59M17.87M8.86M9.02M10.34M11.75M11.85M12.39M

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Assets+257.93M258M254.5M233.05M220.78M185.57M161.2M291.35M175.96M142.57M
Asset Growth %0.17%0%-0.01%-0.08%-0.05%-0.16%-0.13%0.81%-0.4%-0.19%
Real Estate & Other Assets+5.36M5.29M19.31M200.36M155.65M44.54M12.91M140.4M136.6M103.71M
PP&E (Net)231.09M240.52M222.19M900K561.38K123.22M126.45M128.49M15.65K64.03K
Investment Securities0-1000K-1000K-1000K-1000K83.24K1000K797.75K1000K206.18K
Total Current Assets+18.53M9.31M10.2M20.94M56.62M14.53M17.55M19.16M14.96M33.13M
Cash & Equivalents6.63M3.12M8.31M9.78M10.39M7.34M10M12.12M6.51M8.04M
Receivables1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Assets9.12M2.37M01.22M-601.9K4.73M5.49M5.34M00
Intangible Assets536.53K455.63K374.73K9.32M5.53M783.7K339.65K77.31K4.11M3.78M
Total Liabilities192.77M202.25M202.45M176.91M164.16M135.45M95.71M238.51M114.64M107.62M
Total Debt+144.69M158.89M160.32M149.71M155.19M127.63M88.94M96.95M107.73M102.16M
Net Debt138.06M155.77M152.01M139.94M144.8M120.29M78.93M84.83M101.22M94.12M
Long-Term Debt176.03M190.99M190.91M166.49M154.63M127.53M88.86M96.9M107.71M102.09M
Short-Term Borrowings0000000000
Capital Lease Obligations2.15M000560.19K102.32K75.55K46.83K16.09K64.34K
Total Current Liabilities+10.92M9.56M10.16M9.92M8.66M7.67M6.71M11.13M6.9M5.46M
Accounts Payable7.46M6.07M7.14M5.75M5.67M5.13M4.59M9.08M4.77M3.29M
Deferred Revenue0-183.63M-187.71M-153.09M-29.17M00000
Other Liabilities3.66M0000139.04K73.13K130.43M13.27K8.63K
Total Equity+65.16M55.75M52.04M56.14M56.62M50.12M65.48M52.84M61.32M34.95M
Equity Growth %-0.09%-0.14%-0.07%0.08%0.01%-0.11%0.31%-0.19%0.16%-0.43%
Shareholders Equity53.06M43.09M37.65M40.42M39.18M34.88M55.67M43.83M50.95M26.54M
Minority Interest12.1M12.66M14.4M15.73M17.44M15.24M9.81M9.01M10.37M8.41M
Common Stock172.02K175.03K176.68K177.22K177.64K95.04K116K118.08K122.65K128.34K
Additional Paid-in Capital146.71M149.54M151.12M151.58M152.04M156.46M186.49M182.04M182.33M185.77M
Retained Earnings-93.82M-106.62M-113.65M-111.34M-113.04M000-131.51M-159.37M
Preferred Stock35B32.11B30.58B16.78B113.04M09.2K9.14K8.91K9.97K
Return on Assets (ROA)-0.02%-0.02%-0.01%0.01%-0%-0.04%-0.02%-0.01%0.04%-0.16%
Return on Equity (ROE)-0.06%-0.1%-0.06%0.06%-0.01%-0.14%-0.06%-0.04%0.18%-0.53%
Debt / Assets0.56%0.62%0.63%0.64%0.7%0.69%0.55%0.33%0.61%0.72%
Debt / Equity2.22x2.85x3.08x2.67x2.74x2.55x1.36x1.83x1.76x2.92x
Net Debt / EBITDA12.60x4.83x4.55x4.33x7.18x7.55x11.57x14.73x20.73x18.30x
Book Value per Share3.803.222.963.146.395.556.334.505.182.82

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+3.77M3.72M5.59M432.45K3.79M3.69M2.37M928.82K1.49M-728.06K
Operating CF Growth %-0.1%-0.01%0.5%-0.92%7.77%-0.03%-0.36%-0.61%0.6%-1.49%
Operating CF / Revenue %----------
Net Income-2.03M-5.57M-2.84M4.45M772.93K-6.26M-1.46M1.49M10.15M-23.1M
Depreciation & Amortization7.95M10.26M9.71M8.28M7.23M6.15M5.38M5.41M5.43M5.51M
Stock-Based Compensation464.83K520.58K558.73K460.65K686.13K1.11M1.61M1.2M989.51K1.55M
Other Non-Cash Items-4.68M-77.43K-624.56K720.87K-5.06M2.41M-1.52M-7.04M-15.3M16.68M
Working Capital Changes2.06M-1.41M450.68K-1.92M161.59K-277.69K-1.64M-132.57K228.56K-1.36M
Cash from Investing+-36.26M-16.49M-1.09M25.59M11.98M27.68M24.2M-126.38M120.31M12.87M
Acquisitions (Net)-493.53K317.27K1.1M260.87K0-27.85M0-1.77M00
Purchase of Investments-70.53M-23.67M-17.56M-17.33M0-10.16M-3.82M-1.76M-2.16M-2.36K
Sale of Investments1000K1000K1000K1000K01000K1000K1000K1000K105.21K
Other Investing34.44M11.33M20.09M25.59M11.98M27.68M25.64M-123.1M-17.66M12.76M
Cash from Financing+33.49M9.26M-3.57M-24.56M-15.16M-30.22M-23.42M127.26M-131.81M-10.61M
Dividends Paid-4.12M-4.52M-3.62M-1.08B-2.16M-963.46K-5.47M-5.27M-3.31M-2.24M
Common Dividends-4.12M-4.52M-3.62M0-2.16M-963.46K-4.47M-3.11M-1.19M0
Debt Issuance (Net)1000K1000K1000K-1000K1000K-1000K-1000K1000K1000K-1000K
Share Repurchases-176.46K-2.36M-2.07M-13.8M-17.13M-18K-110.63K-435.53K-137.53M-140.42K
Other Financing17.76M-1.98M941.74K107.37K331.6K-260.26K-8.16M-9.39M-1.68M-3.77M
Net Change in Cash+990.42K-3.51M922.78K1.47M615.06K1.15M3.16M1.81M-10.01M1.53M
Exchange Rate Effect0000000000
Cash at Beginning5.64M6.63M7.39M8.31M9.78M10.39M11.54M14.7M16.52M6.51M
Cash at End6.63M3.12M8.31M9.78M10.39M11.54M14.7M16.52M6.51M8.04M
Free Cash Flow+-66.94M-24.1M-15.6M-2.93M3.79M859.04K2.37M-1.18M1.49M-728.06K
FCF Growth %-0.17%0.64%0.35%0.81%2.3%-0.77%1.76%-1.5%2.26%-1.49%
FCF / Revenue %----------

Key Ratios

Metric2015201620172018201920202021202220232024
FFO per Share0.241.131.261.560.75-0.170.170.281.31-1.62
FFO Payout Ratio99.8%23.2%16.35%3853.64%32.59%-63.39%252.46%93.31%7.67%0%
NOI Margin64.49%68.77%67.87%66.34%63.57%63.79%67.85%67.12%66.19%66.94%
Net Debt / EBITDA12.60x4.83x4.55x4.33x7.18x7.55x11.57x14.73x20.73x18.30x
Debt / Assets56.1%61.58%63%64.24%70.29%68.78%55.17%33.27%61.22%71.66%
Interest Coverage0.28x0.52x0.60x0.60x1.21x1.11x0.29x0.06x-0.11x-0.06x
Book Value / Share3.83.222.963.146.395.556.334.55.182.82
Revenue Growth45.56%35.34%2.84%-3.09%-11.45%-14.98%-21.03%-7.63%-0.72%7.31%

Revenue by Segment

2014201520162017201820202021202220232024
Office/Industrial Properties-----17.58M13.16M12.7M11.65M12.34M
Office/Industrial Properties Growth-------25.14%-3.48%-8.30%5.93%
Model Home Properties----4.64M4.25M3.21M2.91M4.13M4.44M
Model Home Properties Growth------8.41%-24.48%-9.38%42.00%7.36%
Retail Properties2.61M----2.97M3.02M2.22M1.88M2.12M
Retail Properties Growth------1.76%-26.42%-15.29%12.54%
Industrial Office Properties11.8M18.5M25.56M25.44M24.04M-----
Industrial Office Properties Growth-56.75%38.21%-0.48%-5.52%-----
Retail Site-3.96M--3.66M-----
Retail Site Growth----------
Residential Real Estate-1.52M--------
Residential Real Estate Growth----------
Self Storage Properties3.43M1.05M--------
Self Storage Properties Growth--69.31%--------
Residential Properties2.07M---------
Residential Properties Growth----------

Frequently Asked Questions

Growth & Financials

Presidio Property Trust, Inc. (SQFT) reported $17.5M in revenue for fiscal year 2024. This represents a 24% increase from $14.1M in 2011.

Presidio Property Trust, Inc. (SQFT) grew revenue by 7.3% over the past year. This is steady growth.

Presidio Property Trust, Inc. (SQFT) reported a net loss of $6.8M for fiscal year 2024.

Dividend & Returns

Yes, Presidio Property Trust, Inc. (SQFT) pays a dividend with a yield of 5.77%. This makes it attractive for income-focused investors.

Presidio Property Trust, Inc. (SQFT) has a return on equity (ROE) of -53.2%. Negative ROE indicates the company is unprofitable.

Industry Metrics

Presidio Property Trust, Inc. (SQFT) generated Funds From Operations (FFO) of $-1.7M in the trailing twelve months. FFO is the primary profitability metric for REITs.

Presidio Property Trust, Inc. (SQFT) offers a 5.77% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

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