Health score, price, valuation, risk signals, and key metrics at a glance.
Belpointe PREP, LLC focuses on identifying, acquiring, developing or redeveloping, and managing commercial and mixed-use real estate properties in the United States. It operates through Commercial and Mixed-Use segments. It also intends to invest in and manage real estate-related assets, including commercial real estate loans and mortgages; and debt and equity securities issued by other real estate-related companies, as well as private equity acquisitions and investments. In addition, the company is involved in opportunistic acquisitions of other qualified opportunity funds and qualified opportunity zone businesses. Belpointe PREP, LLC was incorporated in 2020 and is headquartered in Greenwich, Connecticut.
Grade capped at D — Interest coverage below 1× (-1.9x) — earnings cannot cover interest. Strongest: Growth (16/25); weakest: Balance Sheet & Red Flags (5/25).
Today's multiple positioned against its own trailing range — a visual premium/discount check.
Currently below its 17-quarter median.
Currently near its 20-quarter median.
Data-driven signals worth keeping an eye on across the last 8 quarters
The company posted negative operating margins in recent quarters — core operations are unprofitable.
Free cash flow has been negative in 8 of the last 8 quarters — earnings are not translating to cash.
as of June 2026
Revenue, EBITDA, operating income, net income, EPS, and shares
Gross, EBITDA, operating, and net margin trends
P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield
Total assets, cash, debt, book value, and leverage
Operating cash flow, free cash flow, FCF margin, and earnings quality
Debt-to-equity has risen 37.7% recently — increasing financial risk even if the current ratio is manageable.
The last 8 consecutive quarters had negative FCF — the company is burning cash and may need external funding.
Shares outstanding increased 7.2% — significant dilution, likely from stock compensation or capital raises.
