Presidio Property Trust Inc. 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock $0.01 par value per share (SQFTP)

FairStock Score: 39/100 — MIXED

Key Financials

AI Analysis

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

I look for durable cash flows and a balance sheet that lets a business survive mistakes. Presidio is a tiny diversified REIT, with model homes triple-net leased to homebuilders plus office, industrial and retail. The triple-net model-home niche may have some tenant continuity, but at this scale it lacks a real moat. The record is erratic. In fiscal 2023, the year ended 2023-12-31, revenue was $14.6M and net income was $10.1M, with diluted EPS of $0.68. In fiscal 2024, the year ended 2024-12-31, revenue rose to $15.7M but net income was a loss of $25.6M, or diluted EPS -$22.50. In fiscal 2025, the year ended 2025-12-31, revenue fell to $14.0M and the net loss was $8.3M, or diluted EPS -$8.65. In the latest fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $3.4M, net loss was $3.8M, and diluted EPS was -$3.33. Fiscal Q1 2026, the quarter ended 2026-03-31, had revenue of $3.2M and net income of $440,909, yet diluted EPS was -$0.10, showing the preferred dividends absorb a lot. Depreciation distorts EPS and P/E for REITs, and FFO/AFFO are not in the data; I therefore lean on dividend yield, leverage, revenue trend and price-to-book. At the 2026-10-13 close of $6.21, FairStock shows P/B 0.42, dividend yield 54.19%, FCF yield 16.3%, D/E 3.74, Altman Z -1.95, Piotroski 4/9, and FairStock score 39/100. A 54% yield is often a distress signal. Lynch classifies it as a TURNAROUND because of a loss in the latest year after earlier profits. I prefer turnarounds with low debt and stable cash flow; this has neither. The preferred may have a claim ahead of common, but the enterprise looks financially fragile.

In plain English: Presidio Property Trust is a small real estate owner that leases model homes to homebuilders and also owns offices, industrial and retail properties. The business looks weak right now: it has had recent losses, falling revenue, and a lot of debt. The price looks low compared with the accounting value of its net assets, but the losses and high debt mean it may not be a true bargain.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

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