Terreno Realty Corporation
—Price / book
Market cap
—
Tangible equity
$4.13B
Price / tangible book
—
Price / book
—
Return on equity
9.7%
Return on assets
7.5%
Efficiency ratio
—
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: TRNO stock price vs V: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at V's multiple
Needs V P/E.
Implied fair value · at TRNO's multiple
Needs TRNO P/E.
Live quote
Price unavailable
Metric by metric
Filter, sort, and scan the equity metrics that matter most for banks: book value, tangible book, returns, and operating efficiency.
Lower is better
Lower is better
Profitability lag
Asset efficiency lag
Lower is better
Statements
Bank-focused income statement and equity metrics aligned to the reporting windows.
SEC periods: TRNO FY 2025 (ended Dec 31, 2025) · V FY 2025 (ended Sep 30, 2025). Fiscal years are not aligned.
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Tangible book and profitability anchor a bank, not enterprise value.
Deposits and cash-like balances distort enterprise value for banks, so this section reads equity value, tangible book and profitability instead.
Price / book
Market cap
—
Tangible equity
$4.13B
Price / tangible book
—
Price / book
—
Return on equity
9.7%
Return on assets
7.5%
Efficiency ratio
—
Price / book
Market cap
—
Tangible equity
-$9.62B
Price / tangible book
—
Price / book
—
Return on equity
52.9%
Return on assets
20.1%
Efficiency ratio
—
Price framework
Discounted free cash flow, then bridged to a per-share price. Same assumptions applied to both companies.
Terreno Realty Corporation · implied price per share
Bear
$20.01
Base
$23.54
Bull
$27.08
VISA INC. · implied price per share
Bank model off — standard DCF modelling is disabled for financial institutions.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
0.23x
0.66x
Net debt / EBITDA
Leverage against operating earnings
1.82x
0.18x
Cash and equivalents
Liquid reserves on the balance sheet
$25.02M
$20.61B
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider banking comparable set.
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Live quote