Strawberry Fields REIT, Inc. STRW

Competitive advantage analysis · real-estate

REIT Specialized
Overall moat score
70/100
Moderate

About Strawberry Fields REIT, Inc.

Strawberry Fields REIT, Inc., is a self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Company's portfolio includes 143 healthcare facilities with an aggregate of 15,600+ beds, located throughout the states of Arkansas, Illinois, Indiana, Kansas, Kentucky, Missouri, Ohio, Oklahoma, Tennessee and Texas. The 143 healthcare facilities … Full STRW analysis →

Competitive advantage assessment

Key strengths

  • Strong AFFO Generation AFFO generation is strong (score 0.84), supporting dividend sustainability.
  • Dividend Well-Covered by AFFO Dividend coverage is healthy (score 0.84).

Key risks

  • Elevated Leverage Risk Leverage is elevated (score 0.29), raising refinancing risk.
  • Dilutive or Undisciplined Growth Growth discipline is questionable (score 0.32), raising dilution concerns.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Rent Pricing Power

Moderate
71

Where STRW ranks in REIT - Healthcare Facilities

Strawberry Fields REIT, Inc. ranks #4 of 20 scored companies in REIT - Healthcare Facilities by moat score — the top 20%. The widest moat in the group is CareTrust REIT, Inc. (CTRE) at 88/100.

Moat scores for companies ranked near STRW in REIT - Healthcare Facilities
# Company Moat score Rating
1 CareTrust REIT, Inc. CTRE 88/100 Strong
2 National Health Investors, Inc. NHI 71/100 Moderate
3 Sabra Health Care REIT, Inc. SBRA 71/100 Moderate
4 Strawberry Fields REIT, Inc. STRW 70/100 Moderate
5 LTC Properties, Inc. LTC 67/100 Moderate
6 Omega Healthcare Investors, Inc OHI 64/100 Moderate
7 Universal Health Realty Income UHT 63/100 Moderate
8 Sila Realty Trust, Inc. SILA 62/100 Moderate
9 Ventas, Inc. VTR 59/100 Moderate

See every Real Estate Investment Trusts company ranked by moat score →

How STRW scores on the REIT Specialized defenses

Rent Pricing Power

Score 71 · 20% of the moat score

For a REIT, pricing power is the ability to raise rents at renewal and still keep the space occupied.

AFFO Strength

Score 84 · 18% of the moat score

AFFO — adjusted funds from operations — is the cash a REIT can actually distribute after the recurring capital spending buildings need in order to stay leasable.

Balance Sheet & Cost of Capital

Score 45 · 20% of the moat score

Real estate is bought with borrowed money, so a REIT's cost of capital is its competitive advantage.

Capital Recycling & Growth

Score 66 · 16% of the moat score

REITs grow by issuing shares and debt to buy more property, which creates value only when the yield on the asset exceeds the cost of the capital raised.

Operational Efficiency

Score 87 · 14% of the moat score

Running property — leasing, maintenance, taxes, management — is the part of the business a REIT genuinely controls.

Portfolio Quality & Diversification

Score 71 · 12% of the moat score

Portfolio quality is really a question about what happens when a tenant fails.

How each REIT Specialized defense is measured, in full →

Understanding STRW's moat

What is Strawberry Fields REIT, Inc.'s moat score?

Strawberry Fields REIT, Inc. (STRW) scores 70 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #4 of 20 scored companies in REIT - Healthcare Facilities, the top 20%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 20 companies in REIT - Healthcare Facilities. Its strongest defense is Operational Efficiency (87/100) and its weakest is Balance Sheet & Cost of Capital (45/100).

How does Strawberry Fields REIT, Inc. compare with other REIT - Healthcare Facilities companies?

Strawberry Fields REIT, Inc. ranks #4 of 20 scored companies in REIT - Healthcare Facilities by moat score. The widest moat in REIT - Healthcare Facilities is CareTrust REIT, Inc. (CTRE) at 88/100. The companies ranked closest are Sabra Health Care REIT, Inc. (SBRA) at 71 just above it and LTC Properties, Inc. (LTC) at 67 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — REIT Specialized in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 20 companies in REIT - Healthcare Facilities. The defenses are then weighted to produce the overall score out of 100.

Why is Strawberry Fields REIT, Inc. scored with the REIT Specialized template?

A REIT is a portfolio of buildings financed with debt and required to distribute most of its taxable income. Reported earnings are dominated by depreciation on assets that often appreciate, so net income says very little; the real question is how much cash the properties distribute, and how securely. The REIT template scores what determines that: rent pricing, distributable cash, cost of capital, and the discipline behind growth.

Which competitive defenses are measured for Strawberry Fields REIT, Inc.?

The REIT Specialized template measures 6 defenses, and STRW scores: Rent Pricing Power (71), AFFO Strength (84), Balance Sheet & Cost of Capital (45), Capital Recycling & Growth (66), Operational Efficiency (87), Portfolio Quality & Diversification (71). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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