Agree Realty Corporation (ADC)vsFederal Realty Investment Trust (FRT)
ADC
Agree Realty Corporation
$68.86
+0.55%
REAL ESTATE · Cap: $8.26B
FRT
Federal Realty Investment Trust
$111.64
+0.24%
REAL ESTATE · Cap: $9.46B
Smart Verdict
WallStSmart Research — data-driven comparison
Federal Realty Investment Trust generates 65% more annual revenue ($1.34B vs $810.28M). FRT leads profitability with a 32.7% profit margin vs 29.7%. ADC appears more attractively valued with a PEG of 0.13. ADC earns a higher WallStSmart Score of 68/100 (B-).
ADC
Strong Buy68
out of 100
Grade: B-
FRT
Buy56
out of 100
Grade: C
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
+79.8%
Fair Value
$379.24
Current Price
$68.86
$310.38 discount
Margin of Safety
+34.9%
Fair Value
$164.31
Current Price
$111.64
$52.67 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 30 of every $100 in revenue as profit
16.7% revenue growth
Keeps 33 of every $100 in revenue as profit
Strong operational efficiency at 35.0%
Areas to Watch
Premium valuation, high expectations priced in
ROE of 3.5% — below average capital efficiency
Weak financial health signals
Distress zone — elevated risk
Elevated debt levels
Weak financial health signals
Expensive relative to growth rate
Earnings declined 45.6%
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 29.7% and operating margin at 48.3%. Revenue growth of 16.7% demonstrates continued momentum.
Bull Case : FRT
The strongest argument for FRT centers on Profit Margin, Operating Margin. Profitability is solid with margins at 32.7% and operating margin at 35.0%.
Bear Case : ADC
The primary concerns for ADC are P/E Ratio, Return on Equity, Piotroski F-Score.
Bear Case : FRT
The primary concerns for FRT are Debt/Equity, Piotroski F-Score, PEG Ratio.
Key Dynamics to Monitor
ADC profiles as a growth stock while FRT is a mature play — different risk/reward profiles.
FRT carries more volatility with a beta of 0.94 — expect wider price swings.
ADC is growing revenue faster at 16.7% — sustainability is the question.
ADC generates stronger free cash flow (137M), providing more financial flexibility.
Bottom Line
ADC scores higher overall (68/100 vs 56/100), backed by strong 29.7% margins and 16.7% revenue growth. FRT offers better value entry with a 34.9% margin of safety. Both earn "Strong 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.
Federal Realty Investment Trust
REAL ESTATE · REIT - RETAIL · USA
Federal Realty Investment Trust is a real estate investment trust that invests in shopping centers in the Northeastern United States, the Mid-Atlantic states, California, and South Florida.
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