WallStSmart

American Tower Corp (AMT)vsExtra Space Storage Inc (EXR)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

American Tower Corp generates 209% more annual revenue ($10.64B vs $3.45B). EXR leads profitability with a 28.3% profit margin vs 23.8%. AMT appears more attractively valued with a PEG of 1.95. AMT earns a higher WallStSmart Score of 62/100 (C+).

AMT

Buy

62

out of 100

Grade: C+

Growth: 4.0Profit: 8.5Value: 3.3Quality: 3.8
Piotroski: 4/9Altman Z: 0.33

EXR

Buy

57

out of 100

Grade: C

Growth: 6.7Profit: 7.5Value: 4.7Quality: 3.5
Piotroski: 3/9Altman Z: 0.90
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AMTSignificantly Overvalued (-390.6%)

Margin of Safety

-390.6%

Fair Value

$36.79

Current Price

$169.52

$132.73 premium

UndervaluedFair: $36.79Overvalued
EXRUndervalued (+3.2%)

Margin of Safety

+3.2%

Fair Value

$147.25

Current Price

$128.96

$18.29 discount

UndervaluedFair: $147.25Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AMT4 strengths · Avg: 9.3/10
Operating MarginProfitability
44.9%10/10

Strong operational efficiency at 44.9%

Market CapQuality
$79.36B9/10

Large-cap with strong market position

Return on EquityProfitability
26.3%9/10

Every $100 of equity generates 26 in profit

Profit MarginProfitability
23.8%9/10

Keeps 24 of every $100 in revenue as profit

EXR3 strengths · Avg: 9.0/10
Operating MarginProfitability
44.5%10/10

Strong operational efficiency at 44.5%

Profit MarginProfitability
28.3%9/10

Keeps 28 of every $100 in revenue as profit

Price/BookValuation
2.0x8/10

Reasonable price relative to book value

Areas to Watch

AMT4 concerns · Avg: 3.0/10
PEG RatioValuation
1.954/10

Expensive relative to growth rate

P/E RatioValuation
31.3x4/10

Premium valuation, high expectations priced in

Price/BookValuation
21.7x2/10

Trading at 21.7x book value

EPS GrowthGrowth
-33.2%2/10

Earnings declined 33.2%

EXR4 concerns · Avg: 3.5/10
P/E RatioValuation
28.1x4/10

Moderate valuation

Revenue GrowthGrowth
4.6%4/10

4.6% revenue growth

Return on EquityProfitability
7.0%3/10

ROE of 7.0% — below average capital efficiency

Debt/EquityHealth
1.003/10

Elevated debt levels

Comparative Analysis Report

WallStSmart Research

Bull Case : AMT

The strongest argument for AMT centers on Operating Margin, Market Cap, Return on Equity. Profitability is solid with margins at 23.8% and operating margin at 44.9%.

Bull Case : EXR

The strongest argument for EXR centers on Operating Margin, Profit Margin, Price/Book. Profitability is solid with margins at 28.3% and operating margin at 44.5%.

Bear Case : AMT

The primary concerns for AMT are PEG Ratio, P/E Ratio, Price/Book.

Bear Case : EXR

The primary concerns for EXR are P/E Ratio, Revenue Growth, Return on Equity.

Key Dynamics to Monitor

AMT profiles as a mature stock while EXR is a value play — different risk/reward profiles.

EXR carries more volatility with a beta of 1.24 — expect wider price swings.

AMT is growing revenue faster at 7.5% — sustainability is the question.

AMT generates stronger free cash flow (848M), providing more financial flexibility.

Bottom Line

AMT scores higher overall (62/100 vs 57/100), backed by strong 23.8% margins. 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.

American Tower Corp

REAL ESTATE · REIT - SPECIALTY · USA

American Tower Corporation (also referred to as American Tower or ATC) is an American real estate investment trust and an owner and operator of wireless and broadcast communications infrastructure in several countries worldwide and is headquartered in Boston, Massachusetts.

Extra Space Storage Inc

REAL ESTATE · REIT - INDUSTRIAL · USA

Extra Space Storage is a real estate investment trust headquartered in Cottonwood Heights, Utah that invests in self storage units.

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