Peakstone Realty Trust Common Shares (PKST)

FairStock Score: 35/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I start with the business, not the ticker. Peakstone is a small REIT, $779.1M market cap, trying to sell offices and become an industrial outdoor storage owner. That transition is asset-heavy and capital-intensive, and with only 40 employees, there is no obvious competitive moat. The filed numbers are unflattering: revenue growth of -55.14% and profit growth of -72.66%, with EPS of -$1.34 and ROE of -5.78%. The latest filed quarter, 2025-Q4, showed $26.0M revenue, $3.5M net income, and a 13.38% margin, so the shrinking may be accompanied by some profitability. But FFO/AFFO, the right measures for a REIT, are not in my data. Financial health is mixed: debt-to-equity is 0.63, not alarming, but ROCE is 0.03%, Altman Z is -0.23, and the FairStock P/E is -15.66. Free cash flow is a bright spot: $68.7M trailing, an 8.8% FCF yield, and the dividend yield is 1.91%. At the close of 2026-05-05, the stock trades at $20.99, a P/B of 1.05, near the top of its 52-week range of $12.34 to $21.00. That is not a distressed price. FairStock score is 35/100, and Lynch category is none because there are only 0 years of filed results. I would want evidence that the industrial transition can grow revenue and cover the dividend before calling this a bargain.

In plain English: Peakstone Realty Trust is a real estate company selling off office buildings and moving into industrial outdoor storage. The business looks weak right now: revenue and profit have fallen sharply, and earnings are negative, though cash flow is positive. At $20.99, the price is close to the company's accounting value, so it does not look obviously cheap or expensive based on the few numbers available.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-05-05 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer