WallStSmart

Agree Realty Corporation (ADC)vsGetty Realty Corporation (GTY)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Agree Realty Corporation generates 224% more annual revenue ($718.40M vs $221.73M). GTY leads profitability with a 35.7% profit margin vs 28.4%. ADC appears more attractively valued with a PEG of 0.13. ADC earns a higher WallStSmart Score of 68/100 (B-).

ADC

Strong Buy

68

out of 100

Grade: B-

Growth: 7.3Profit: 7.0Value: 7.3Quality: 3.8
Piotroski: 2/9Altman Z: 1.25

GTY

Strong Buy

67

out of 100

Grade: B-

Growth: 7.3Profit: 7.5Value: 10.0Quality: 7.0
Piotroski: 4/9Altman Z: 0.82
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ADCSignificantly Overvalued (-48.5%)

Margin of Safety

-48.5%

Fair Value

$51.68

Current Price

$74.22

$22.54 premium

UndervaluedFair: $51.68Overvalued
GTYUndervalued (+32.3%)

Margin of Safety

+32.3%

Fair Value

$45.90

Current Price

$32.18

$13.72 discount

UndervaluedFair: $45.90Overvalued

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
1.5x10/10

Reasonable price relative to book value

Operating MarginProfitability
48.3%10/10

Strong operational efficiency at 48.3%

Profit MarginProfitability
28.4%9/10

Keeps 28 of every $100 in revenue as profit

Revenue GrowthGrowth
18.5%8/10

18.5% revenue growth

GTY3 strengths · Avg: 9.3/10
Profit MarginProfitability
35.7%10/10

Keeps 36 of every $100 in revenue as profit

Operating MarginProfitability
59.7%10/10

Strong operational efficiency at 59.7%

Price/BookValuation
1.8x8/10

Reasonable price relative to book value

Areas to Watch

ADC4 concerns · Avg: 2.5/10
Return on EquityProfitability
3.5%3/10

ROE of 3.5% — below average capital efficiency

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

P/E RatioValuation
42.5x2/10

Premium valuation, high expectations priced in

Free Cash FlowQuality
$-1.47B2/10

Negative free cash flow — burning cash

GTY3 concerns · Avg: 2.7/10
Market CapQuality
$1.92B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
7.8%3/10

ROE of 7.8% — below average capital efficiency

Altman Z-ScoreHealth
0.822/10

Distress zone — elevated risk

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 28.4% and operating margin at 48.3%. Revenue growth of 18.5% demonstrates continued momentum.

Bull Case : GTY

The strongest argument for GTY centers on Profit Margin, Operating Margin, Price/Book. Profitability is solid with margins at 35.7% and operating margin at 59.7%. Revenue growth of 14.2% 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 : GTY

The primary concerns for GTY are Market Cap, Return on Equity, Altman Z-Score.

Key Dynamics to Monitor

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

GTY carries more volatility with a beta of 0.85 — expect wider price swings.

ADC is growing revenue faster at 18.5% — sustainability is the question.

GTY generates stronger free cash flow (33M), providing more financial flexibility.

Bottom Line

ADC scores higher overall (68/100 vs 67/100), backed by strong 28.4% margins and 18.5% revenue growth. GTY offers better value entry with a 32.3% margin of safety. 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.

Getty Realty Corporation

REAL ESTATE · REIT - RETAIL · USA

Getty Realty Corp.

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