WallStSmart

Alexanders Inc (ALX)vsFederal Realty Investment Trust (FRT)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Federal Realty Investment Trust generates 520% more annual revenue ($1.31B vs $211.68M). FRT leads profitability with a 38.6% profit margin vs 9.7%. ALX appears more attractively valued with a PEG of 2.51. FRT earns a higher WallStSmart Score of 65/100 (C+).

ALX

Hold

39

out of 100

Grade: F

Growth: 2.7Profit: 7.5Value: 4.0Quality: 4.5
Piotroski: 3/9Altman Z: 0.87

FRT

Buy

65

out of 100

Grade: C+

Growth: 7.3Profit: 8.5Value: 6.0Quality: 3.5
Piotroski: 2/9Altman Z: 0.54
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ALXUndervalued (+24.0%)

Margin of Safety

+24.0%

Fair Value

$302.54

Current Price

$258.59

$43.95 discount

UndervaluedFair: $302.54Overvalued
FRTUndervalued (+35.5%)

Margin of Safety

+35.5%

Fair Value

$165.94

Current Price

$122.56

$43.38 discount

UndervaluedFair: $165.94Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ALX2 strengths · Avg: 8.5/10
Return on EquityProfitability
22.7%9/10

Every $100 of equity generates 23 in profit

Operating MarginProfitability
26.1%8/10

Strong operational efficiency at 26.1%

FRT3 strengths · Avg: 10.0/10
Profit MarginProfitability
38.6%10/10

Keeps 39 of every $100 in revenue as profit

Operating MarginProfitability
34.1%10/10

Strong operational efficiency at 34.1%

EPS GrowthGrowth
152.5%10/10

Earnings expanding 152.5% YoY

Areas to Watch

ALX4 concerns · Avg: 3.0/10
Price/BookValuation
14.6x4/10

Trading at 14.6x book value

Market CapQuality
$1.26B3/10

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

FRT4 concerns · Avg: 2.5/10
Debt/EquityHealth
1.493/10

Elevated debt levels

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

PEG RatioValuation
3.652/10

Expensive relative to growth rate

Altman Z-ScoreHealth
0.542/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : ALX

The strongest argument for ALX centers on Return on Equity, Operating Margin.

Bull Case : FRT

The strongest argument for FRT centers on Profit Margin, Operating Margin, EPS Growth. Profitability is solid with margins at 38.6% and operating margin at 34.1%. Revenue growth of 10.3% demonstrates continued momentum.

Bear Case : ALX

The primary concerns for ALX are Price/Book, Market Cap, Piotroski F-Score. A P/E of 61.8x leaves little room for execution misses. Debt-to-equity of 10.42 is elevated, increasing financial risk.

Bear Case : FRT

The primary concerns for FRT are Debt/Equity, Piotroski F-Score, PEG Ratio.

Key Dynamics to Monitor

ALX profiles as a value 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.

FRT is growing revenue faster at 10.3% — sustainability is the question.

FRT generates stronger free cash flow (121M), providing more financial flexibility.

Bottom Line

FRT scores higher overall (65/100 vs 39/100), backed by strong 38.6% margins and 10.3% revenue growth. ALX offers better value entry with a 24.0% margin of safety. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

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. The company's diversified portfolio, which includes strategically located office and retail spaces, caters to a wide range of tenants while emphasizing sustainable growth practices. With a strong financial position and a disciplined operational strategy, Alexanders Inc. is well-equipped to provide consistent returns, making it an appealing investment for institutional investors looking to capitalize on urban real estate opportunities.

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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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