Agree Realty Corporation (ADC)vsCBL & Associates Properties Inc (CBL)
ADC
Agree Realty Corporation
$74.22
-1.36%
REAL ESTATE · Cap: $9.06B
CBL
CBL & Associates Properties Inc
$37.41
+1.14%
REAL ESTATE · Cap: $993.50M
Smart Verdict
WallStSmart Research — data-driven comparison
Agree Realty Corporation generates 30% more annual revenue ($718.40M vs $553.64M). ADC leads profitability with a 28.4% profit margin vs 22.6%. CBL trades at a lower P/E of 8.1x. CBL earns a higher WallStSmart Score of 70/100 (B).
ADC
Strong Buy68
out of 100
Grade: B-
CBL
Strong Buy70
out of 100
Grade: B
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
-48.5%
Fair Value
$51.68
Current Price
$74.22
$22.54 premium
Margin of Safety
+81.1%
Fair Value
$187.20
Current Price
$37.41
$149.79 discount
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Growing faster than its price suggests
Reasonable price relative to book value
Strong operational efficiency at 48.3%
Keeps 28 of every $100 in revenue as profit
18.5% revenue growth
Attractively priced relative to earnings
Every $100 of equity generates 39 in profit
Keeps 23 of every $100 in revenue as profit
Strong operational efficiency at 22.7%
Areas to Watch
ROE of 3.5% — below average capital efficiency
Weak financial health signals
Premium valuation, high expectations priced in
Negative free cash flow — burning cash
3.6% earnings growth
Smaller company, higher risk/reward
Elevated debt levels
Comparative Analysis Report
WallStSmart ResearchBull Case : ADC
The strongest argument for ADC centers on PEG Ratio, Price/Book, Operating Margin. Profitability is solid with margins at 28.4% and operating margin at 48.3%. Revenue growth of 18.5% demonstrates continued momentum.
Bull Case : CBL
The strongest argument for CBL centers on P/E Ratio, Return on Equity, Profit Margin. Profitability is solid with margins at 22.6% and operating margin at 22.7%. Revenue growth of 11.3% demonstrates continued momentum.
Bear Case : ADC
The primary concerns for ADC are Return on Equity, Piotroski F-Score, P/E Ratio. A P/E of 42.5x leaves little room for execution misses.
Bear Case : CBL
The primary concerns for CBL are EPS Growth, Market Cap, Debt/Equity. Debt-to-equity of 5.79 is elevated, increasing financial risk.
Key Dynamics to Monitor
ADC profiles as a growth stock while CBL is a mature play — different risk/reward profiles.
CBL carries more volatility with a beta of 1.53 — expect wider price swings.
ADC is growing revenue faster at 18.5% — sustainability is the question.
CBL generates stronger free cash flow (86M), providing more financial flexibility.
Bottom Line
CBL scores higher overall (70/100 vs 68/100), backed by strong 22.6% margins and 11.3% revenue growth. Both earn "Strong Buy" and "Strong 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.
CBL & Associates Properties Inc
REAL ESTATE · REIT - RETAIL · USA
CBL & Associates Properties Inc. is a leading real estate investment trust (REIT) specializing in the acquisition, management, and redevelopment of shopping malls and retail properties across the United States. The company is adept at navigating the evolving retail landscape by incorporating mixed-use developments and experiential offerings that enhance tenant engagement and operational efficiency. CBL is committed to maximizing asset value through innovative investment and management strategies, while also prioritizing sustainability within its operations. With its strategic focus on sustainable growth and enhancing shareholder value, CBL presents a compelling investment opportunity for institutional investors seeking long-term returns in the retail real estate sector.
Visit Website →Compare with Other REIT - RETAIL Stocks
Want to dig deeper into these stocks?