Appreciate Holdings, Inc. (SFRWW)

Appreciate Holdings, Inc. (SFRWW) — VMCI valuation read

Across 120 indicators, Appreciate Holdings, Inc. (SFRWW) lands at VMCI 48/100. The Real Estate sector median is 50, so the 2-point below-median read is the active comparison. Pillar weighting on the score: Value 35%, Quality 30%, Integrity 15%, Growth 12%, Risk 8%.

No material Form 4 disclosures landed on SFRWW in the past 30 days. Quiet insider tape removes one signal source; the active reads stay with the trailing-twelve-month financials and the next 10-Q.

**Investor frame.** On Value, SFRWW trades at 15.0x earnings, 17% below the Real Estate median of 18.0x; the EV/EBITDA delta of -2.0x reinforces that single line. On Quality, ROIC of 9.0% trails the Real Estate median (10.0%) by 1.0pp. On Risk, net debt to EBITDA of 2.7x is the rate-sensitivity line to watch for SFRWW on the trailing balance sheet.

SFRWW rose 2.5% over the trailing 7 days, with a -1.9% read on a 30-day basis.