Loading institutional data...
Loading institutional data...
Insufficient data to determine institutional momentum.
Data as of Q1 2026
Loading snapshot...
Loading financials...
Loading valuation...
Loading quality & risk...
Loading dividends & returns...
Loading capital allocation...
Loading debt & leverage...
Loading performance...
Loading peer comparison...
Loading ownership map...
Loading crowding analysis...
Loading conviction analysis...
Loading buy/sell flow...
Loading ownership trends...
Loading top holders...
How management deployed cash over 10 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Reinvestment has been productive — operating income grew well per dollar put in. Current ROIC on all capital: 255%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $277000 is below the $61M due within a year — relies on refinancing or operating cash flow. Scheduled principal only (excludes interest & revolver draws). As of 2020-12-31 (10-K).
Insufficient EBITDA/debt history.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Thin coverage — earnings barely cover interest. Interest last disclosed in FY2018 (no longer broken out).
Cash vs short-term debt unavailable.
Short-term / long-term split not separately reported.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
Loading top holders...
Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Ranked against 190 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WELL | $165.2B | 170.7× | — | 15.3× | 35.6% | 40.1% | 8.6% | 2.2% | 1.5% | — | 1,425 |
| EQIX | $103.7B | 76.8× | 26.2× | 11.3× | 5.4% | 51.1% | 14.6% | 9.5% | 9.5% | — | 1,229 |
| AMT | $78.4B | 31.1× | 12.9× | 7.4× | 5.1% | — | 24.7% | 72.0% | 72.0% | — | 1,662 |
| O | $58.6B | 53.6× | — | 10.2× | 9.1% | — | 18.4% | 2.7% | 2.7% | — | 1,389 |
| XHG | $47.8B | — | — | 932.4× | -82.2% | 2.2% | -205% | 11.9% | 12.4% | — | 1 |
| PLDGP | $47.6B | 14.4× | — | 5.4× | 7.2% | — | 37.9% | 6.3% | 3.8% | — | 9 |
| CBRE | $44.7B | 39.3× | — | 1.1× | 13.4% | 18.7% | 2.9% | 13.0% | 7.1% | — | 1,020 |
| VTR | $43.9B | 171.3× | — | 7.5× | 18.5% | — | 4.5% | 2.1% | 1.0% | — | 891 |
| IRM | $37.6B | 259.4× | 24.5× | 5.5× | 12.2% | — | 2.2% | -15.5% | 1.0% | 7.4× | 1,043 |
| EXR | $31.7B | 32.7× | 14.8× | 9.4× | 3.7% | 72.8% | 28.8% | 7.3% | 7.3% | — | 722 |
| VICI | $28.2B | 10.1× | — | 7.0× | 4.1% | 99.3% | 69.3% | 10.0% | 6.2% | — | 898 |
| AVB | $26.6B | 25.6× | 12.2× | 8.7× | 4.4% | — | 34.7% | 9.1% | 5.0% | 3.2× | 715 |
| EQR | $25.6B | 23.0× | — | — | — | — | — | 10.1% | 5.8% | — | 681 |
| SBAC | $18.9B | 18.2× | 20.0× | 6.7× | 5.1% | 75.5% | 37.4% | -21.7% | 17.2% | 7.4× | 636 |
| BEKE | $18.7B | 140.8× | 40.7× | 1.4× | -85.5% | 21.4% | 3.2% | 4.5% | 4.4% | 0.4× | 197 |
| INVH | $18.6B | 31.8× | — | 6.8× | 4.2% | — | 21.5% | 6.2% | 3.3% | — | 560 |
| WY | $18.6B | 57.4× | 18.7× | 2.7× | -3.1% | 14.8% | 4.7% | 3.4% | 2.2% | 4.1× | 868 |
| ESS | $18.6B | 27.7× | 12.3× | 9.8× | 6.4% | 69.9% | 37.2% | 12.7% | 12.7% | — | 582 |
| JLL | $17.5B | 22.8× | 13.8× | 0.7× | 11.4% | — | 3.0% | 10.6% | 9.3% | 0.8× | 615 |
| HST | $17.3B | 22.9× | — | 2.8× | 7.6% | — | 12.5% | 11.7% | 9.8% | — | 656 |
| LAMR | $16.1B | 27.4× | — | 7.1× | 2.7% | 67.0% | 25.9% | 57.3% | 14.0% | — | 655 |
| WPC | $15.8B | — | — | 9.2× | 8.4% | — | 27.2% | 5.7% | 2.8% | — | 834 |
| DOC | $15.1B | 217.9× | — | 5.4× | 4.5% | — | 2.5% | 1.0% | 0.4% | — | 724 |
| SUI | $14.9B | 11.2× | — | 6.5× | 2.0% | — | 61.3% | 20.3% | 20.3% | — | 487 |
| OHI | $14.4B | 25.1× | — | 12.1× | 13.2% | — | 0.1% | 0.0% | 0.0% | — | 718 |
| TPHS | $1M | 0.2× | — | 0.4× | -89.5% | — | 158% | 255% | 255% | — | 1 |
Peers = companies sharing TPHS's sector (Real Estate) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.
EOD close · as of 2026-08-05 · 15d old
How a revenue dollar becomes profit — FY2024
Each value shows its share of revenue below it (common-size).
| Line Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.5M 100.0% | $33.6M 100.0% | $43.0M 100.0% | $27.3M 100.0% | $1.8M 100.0% | $4.6M 100.0% | $3.7M 100.0% | $1.9M 100.0% | $1.9M 100.0% | $445.1M 100.0% |
| Cost of Revenue | — | — | — | — | — | — | — | — | — | $271.3M 61.0% |
| Cost of Products | — | — | — | — | — | — | — | — | — | $271.3M 61.0% |
| Gross Profit | — | — | — | — | — | — | — | — | — | $173.8M 39.0% |
| Selling, General & Admin | $5.4M 151.6% | $6.0M 18.0% | $5.8M 13.4% | $5.1M 18.8% | $5.2M 285.7% | $5.7M 122.6% | $5.5M 147.8% | $5.4M 288.7% | $6.9M 373.2% | $124.4M 27.9% |
| Total Operating Expenses | $8.5M 240.5% | $43.3M 128.9% | $51.6M 120.0% | $37.9M 138.9% | $19.0M 1039.2% | $18.3M 396.1% | $10.8M 290.7% | $10.9M 588.0% | $8.8M 476.5% | $224.2M 50.4% |
| Operating Income | -$5.0M -140.5% | -$9.7M -28.9% | -$8.6M -20.0% | -$10.6M -38.9% | $7.0M 385.9% | -$4.2M -90.5% | -$7.1M -190.7% | -$9.1M -488.0% | -$7.0M -376.5% | -$50.4M -11.3% |
| Interest Expense | — | — | — | — | — | — | $1K 0.0% | — | — | $1.4M 0.3% |
| Interest & Investment Income | — | — | — | $2K 0.0% | $57K 3.1% | $67K 1.4% | $212K 5.7% | $215K 11.5% | $223K 12.0% | — |
| Pretax Income | $5.8M 164.3% | -$38.8M -115.6% | -$20.4M -47.5% | -$20.5M -75.3% | $4.6M 254.1% | -$5.2M -111.5% | -$7.6M -204.5% | -$5.0M -270.2% | -$7.2M -389.0% | -$51.7M -11.6% |
| Income Tax Expense | $218K 6.2% | $183K 0.5% | $288K 0.7% | $265K 1.0% | $306K 16.8% | $128K 2.8% | $290K 7.8% | -$3.0M -161.7% | $216K 11.6% | -$18.9M -4.2% |
| Net Income | $5.6M 158.2% | -$39.0M -116.1% | -$20.7M -48.1% | -$20.8M -76.3% | $4.3M 237.3% | -$5.3M -114.3% | -$7.9M -212.4% | -$2.0M -108.5% | -$7.4M -400.6% | -$32.9M -7.4% |
| Per Share | ||||||||||
| EPS (Basic) | $0.09 | $-1.02 | $-0.56 | $-0.62 | $0.13 | $-0.17 | $-0.25 | — | — | — |
| EPS (Diluted) | $0.09 | $-1.02 | $-0.56 | $-0.62 | $0.13 | $-0.17 | $-0.25 | — | — | — |
| Weighted Avg Shares (Basic) | 62.6M | 38.4M | 37.2M | 33.3M | 32K | 31.9M | 32K | — | — | — |
| Weighted Avg Shares (Diluted) | 62.6M | 38.4M | 37.2M | 33.3M | 33K | 31.9M | 32K | — | — | — |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Solve the discounted cash flow backwards, then stress-test the assumptions.
This company doesn't have positive free cash flow, so a reverse DCF can't be run.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
3/6 of the 9 checks — 3 couldn't be scored (see above), so the score is out of the 6 with data.
Insufficient balance-sheet detail (needs retained earnings, working capital, equity).
Needs granular two-year detail (receivables, PP&E, D&A, SG&A) — not fully reported.
Cash-conversion data unavailable. Lower/negative accruals = higher quality (Sloan).
Coverage data unavailable.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $0 buybacks = $0 returned.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
Top 1 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
EOD close · as of 2026-08-05
Where each multiple sits in its own 9-yr range · 6th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 9-yr history.
Is the profit real, and how strong is the balance sheet?
FY2024 · every deduction from revenue to net income
DuPont — the three levers
Returns are margin-driven, not leverage-driven — higher quality.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
Low operating leverage — profit tracks sales closely (stable, less cyclical).
Each line as % of revenue — the trend in color
| % of revenue | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 |
|---|---|---|---|---|---|---|---|---|
| SG&A | 288.7 | 147.8 | 122.6 | 285.7 | 18.8 | 13.4 | 18.0 | 151.6 |
| Operating Income | -488.0 | -190.7 | -90.5 | 385.9 | -38.9 | -20.0 | -28.9 | -140.5 |
| Income Tax | -161.7 | 7.8 | 2.8 | 16.8 | 1.0 | 0.7 | 0.5 | 6.2 |
| Net Income | -108.5 | -212.4 | -114.3 | 237.3 | -76.3 | -48.1 | -116.1 | 158.2 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on TPHS: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.