WallStSmart

Agree Realty Corporation (ADC)vsAlexanders Inc (ALX)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Agree Realty Corporation generates 263% more annual revenue ($779.62M vs $214.80M). ALX leads profitability with a 79.1% profit margin vs 28.8%. ADC appears more attractively valued with a PEG of 0.13. ALX earns a higher WallStSmart Score of 64/100 (C+).

ADC

Buy

64

out of 100

Grade: C+

Growth: 6.7Profit: 7.0Value: 8.0Quality: 4.0
Piotroski: 3/9Altman Z: 1.16

ALX

Buy

64

out of 100

Grade: C+

Growth: 6.7Profit: 8.5Value: 6.7Quality: 4.5
Piotroski: 3/9Altman Z: 0.87
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ADCUndervalued (+79.2%)

Margin of Safety

+79.2%

Fair Value

$369.40

Current Price

$68.05

$301.35 discount

UndervaluedFair: $369.40Overvalued
ALXUndervalued (+24.3%)

Margin of Safety

+24.3%

Fair Value

$304.00

Current Price

$247.15

$56.85 discount

UndervaluedFair: $304.00Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ADC5 strengths · Avg: 9.4/10
PEG RatioValuation
0.1310/10

Growing faster than its price suggests

Price/BookValuation
1.3x10/10

Reasonable price relative to book value

Operating MarginProfitability
48.1%10/10

Strong operational efficiency at 48.1%

Profit MarginProfitability
28.8%9/10

Keeps 29 of every $100 in revenue as profit

Revenue GrowthGrowth
16.8%8/10

16.8% revenue growth

ALX5 strengths · Avg: 9.8/10
P/E RatioValuation
7.7x10/10

Attractively priced relative to earnings

Profit MarginProfitability
79.1%10/10

Keeps 79 of every $100 in revenue as profit

Operating MarginProfitability
30.1%10/10

Strong operational efficiency at 30.1%

EPS GrowthGrowth
2441.0%10/10

Earnings expanding 2441.0% YoY

Return on EquityProfitability
22.7%9/10

Every $100 of equity generates 23 in profit

Areas to Watch

ADC4 concerns · Avg: 3.5/10
P/E RatioValuation
39.1x4/10

Premium valuation, high expectations priced in

EPS GrowthGrowth
2.1%4/10

2.1% earnings growth

Return on EquityProfitability
3.5%3/10

ROE of 3.5% — below average capital efficiency

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

ALX4 concerns · Avg: 2.5/10
Market CapQuality
$1.29B3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
2.512/10

Expensive relative to growth rate

Free Cash FlowQuality
$-291,0002/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : ADC

The strongest argument for ADC centers on PEG Ratio, Price/Book, Operating Margin. Profitability is solid with margins at 28.8% and operating margin at 48.1%. Revenue growth of 16.8% demonstrates continued momentum.

Bull Case : ALX

The strongest argument for ALX centers on P/E Ratio, Profit Margin, Operating Margin. Profitability is solid with margins at 79.1% and operating margin at 30.1%.

Bear Case : ADC

The primary concerns for ADC are P/E Ratio, EPS Growth, Return on Equity.

Bear Case : ALX

The primary concerns for ALX are Market Cap, Piotroski F-Score, PEG Ratio. Debt-to-equity of 3.83 is elevated, increasing financial risk.

Key Dynamics to Monitor

ADC profiles as a growth stock while ALX is a mature play — different risk/reward profiles.

ALX carries more volatility with a beta of 0.75 — expect wider price swings.

ADC is growing revenue faster at 16.8% — sustainability is the question.

ALX generates stronger free cash flow (-291,000), providing more financial flexibility.

Bottom Line

ADC scores higher overall (64/100 vs 64/100), backed by strong 28.8% margins and 16.8% revenue growth. ALX offers better value entry with a 24.3% margin of safety. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Agree Realty Corporation

REAL ESTATE · REIT - RETAIL · USA

Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of net leased properties to industry leading retail tenants.

Alexanders Inc

REAL ESTATE · REIT - RETAIL · USA

Alexanders Inc. (Ticker: ALX) is a prominent real estate investment trust (REIT) focused on the acquisition, management, and development of high-quality commercial properties in the New York metropolitan area. Renowned for its diversified portfolio that includes strategically situated office and retail spaces, the company caters to a varied tenant base while emphasizing sustainability and operational efficiency. With a solid financial structure and a disciplined approach to asset management, Alexanders Inc. offers institutional investors a compelling opportunity to capitalize on the growth potential of urban real estate markets while delivering consistent returns.

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