Stock fact sheet · data as of
BSR Real Estate Investment Trust (BSRT): fair value, margin of safety and Wheel Score
Ticker symbol BSRT · Real Estate · REIT - Diversified · United States · Value Income
Is BSRT undervalued?
At 10.44 (close of 5 Nov 2026), BSRT trades within a few percent of the GLS average fair value of 9.93 (5.2% above fair value). 8 models produced a value and they split 4 above the price to 4 below. A stock priced at fair value earns about half of the Wheel Score's Value points; the rest of the score comes from health, moat, premium and stability.
There is a wide gap between Lynch (2.70) and Graham Number (18.25). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
Ranked against every other company we cover, BSRT is clearly cheaper than it is fast-growing, so the nightly engine files it under Value (value score 59, growth score 31, out of 100). It also carries the Income tag (Income = a dividend yield of 4% or more).
Nine valuation models for BSRT
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | 18.25 | +75% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 10.90 | +4% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 2.70 | -74% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 2.72 | -74% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 14.50 | +39% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 14.54 | +39% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 8.27 | -21% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 7.51 | -28% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 0.0000 | -100% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
No Piotroski health score is on file for BSRT (the statements it needs were not available), so the Health part of the Wheel Score counts it at half marks - 10 of 20 - rather than marking the stock down for missing data. A GLS Moat score of 0.0/10 is a weak reading: the accounts do not show returns and margins that competitors have been unable to wear down, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC 0.0%, ROE 0.0%, ROA 0.0% - with debt at 0.00 times equity and a free-cash-flow yield of 5.5%.
The dividend yield is high at 5.28% (payout ratio 115%) - a payout above 100% of earnings, which is not covered by profits. A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | - / 9 | ROIC | 0.0% |
|---|---|---|---|
| GLS Moat | 0.0 / 10 | ROE | 0.0% |
| Debt / equity | 0.00 | ROA | 0.0% |
| Free-cash-flow yield | 5.5% | Payout ratio | 115% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 12: No options
No options are listed on BSR Real Estate Investment Trust in our nightly snapshot, so it fails the first Wheel Trade Filter (options that actually trade) (it reads 12, under 70) and is left out of every options scan; the fair value and health figures above are still useful for a plain stock position.
Volume runs at 18k shares a day on a market cap of $355M, with a beta of 0.88; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | no listed options |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Fails | trades 5% above our fair value |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Fails | no implied volatility |
| 8 | Big enough | Fails | market cap $355M (under $1.0B) |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 5% above fair value | |
| Premium | Weak | no option data | |
| Moat | Weak | moat 0.0/10 | |
| Health | Fair | no Piotroski score on file - half marks | |
| Red Flags | Fair | not scored yet - half marks | |
| Option trading | Weak | no option volume data | |
| Stability | Fair | beta 0.88, $355M company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
BSR Real Estate Investment Trust reports earnings on 11 Nov 2026 (after the close) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in REIT - Diversified
The 12 companies below are the closest to BSR Real Estate Investment Trust by market cap within the REIT - Diversified industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| INRE Inland Real Estate Income Trust, Inc. | 10.30 | 7.98 | -29% | 11No options | $372M |
| FVR FrontView REIT, Inc. | 19.30 | 24.50 | +21% | 26No options | $472M |
| OLP One Liberty Properties, Inc. | 21.94 | 16.58 | -32% | 27Weak | $479M |
| GOODN Gladstone Commercial Corp Pref | 19.18 | 18.11 | -6% | 21No options | $527M |
| GOODO Gladstone Commercial Corporation | 17.60 | 17.68 | +0% | 21No options | $527M |
| GOOD Gladstone Commercial Corporation | 10.89 | 15.85 | +31% | 46Weak | $527M |
| AHRT AH Realty Trust, Inc. | 6.78 | 21.86 | +69% | 39Weak | $650M |
| NXDT NexPoint Diversified Real Estate Trust | 3.62 | 5.68 | +36% | 28Weak | $192M |
| JBGS JBG SMITH Properties | 12.29 | 8.93 | -38% | 29Weak | $720M |
| SAFE Safehold Inc. | 10.77 | 17.27 | +38% | 41Weak | $763M |
| CTO CTO Realty Growth, Inc. | 20.46 | 27.48 | +26% | 36Weak | $793M |
| FREVS First Real Estate Investment Trust of New Jersey, Inc. | 18.72 | 24.29 | +23% | 26No options | $140M |
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Start free See the Sunday ScanQuestions about BSRT
Is BSRT undervalued right now?
Not meaningfully: at 10.44 the stock trades within a few percent of the GLS average fair value of 9.93 (5.2% above fair value, data as of 5 Nov 2026).
What is the Wheel Score of BSRT and what does it mean?
BSRT has no listed options in our nightly snapshot, so it cannot be wheeled; it fails the first Wheel Trade Filter (options that actually trade), stays under 70 and is shown as "No options".
What is the GLS fair value for BSRT?
9.93 per share as of 5 Nov 2026 - the simple average of the 8 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does BSR Real Estate Investment Trust report earnings next?
The next earnings report is due on 11 Nov 2026 (after the close), 6 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does BSRT have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on BSRT, so the wheel strategy cannot be run on it and the Wheel Score stays under 70.