American Tower Corp (AMT)vsNational Storage Affiliates Trust (NSA)
AMT
American Tower Corp
$182.71
+2.54%
REAL ESTATE · Cap: $85.12B
NSA
National Storage Affiliates Trust
$41.47
-1.03%
REAL ESTATE · Cap: $6.10B
Smart Verdict
WallStSmart Research — data-driven comparison
American Tower Corp generates 1351% more annual revenue ($10.82B vs $745.60M). AMT leads profitability with a 26.8% profit margin vs 9.9%. NSA appears more attractively valued with a PEG of 1.67. AMT earns a higher WallStSmart Score of 72/100 (B).
AMT
Strong Buy72
out of 100
Grade: B
NSA
Buy57
out of 100
Grade: C
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
+17.6%
Fair Value
$219.10
Current Price
$182.71
$36.39 discount
Margin of Safety
+50.3%
Fair Value
$67.33
Current Price
$41.47
$25.86 discount
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Strong operational efficiency at 45.3%
Earnings expanding 76.9% YoY
Large-cap with strong market position
Every $100 of equity generates 30 in profit
Keeps 27 of every $100 in revenue as profit
Strong operational efficiency at 35.8%
Earnings expanding 236.6% YoY
18.0% revenue growth
Areas to Watch
Expensive relative to growth rate
Moderate valuation
Trading at 24.2x book value
Distress zone — elevated risk
Expensive relative to growth rate
ROE of 7.0% — below average capital efficiency
Premium valuation, high expectations priced in
Distress zone — elevated risk
Comparative Analysis Report
WallStSmart ResearchBull Case : AMT
The strongest argument for AMT centers on Operating Margin, EPS Growth, Market Cap. Profitability is solid with margins at 26.8% and operating margin at 45.3%.
Bull Case : NSA
The strongest argument for NSA centers on Operating Margin, EPS Growth, Revenue Growth. Revenue growth of 18.0% demonstrates continued momentum.
Bear Case : AMT
The primary concerns for AMT are PEG Ratio, P/E Ratio, Price/Book.
Bear Case : NSA
The primary concerns for NSA are PEG Ratio, Return on Equity, P/E Ratio. A P/E of 60.1x leaves little room for execution misses. Debt-to-equity of 3.52 is elevated, increasing financial risk.
Key Dynamics to Monitor
AMT profiles as a mature stock while NSA is a growth play — different risk/reward profiles.
NSA carries more volatility with a beta of 1.11 — expect wider price swings.
NSA is growing revenue faster at 18.0% — sustainability is the question.
AMT generates stronger free cash flow (951M), providing more financial flexibility.
Bottom Line
AMT scores higher overall (72/100 vs 57/100), backed by strong 26.8% margins. NSA offers better value entry with a 50.3% 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.
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.
National Storage Affiliates Trust
REAL ESTATE · REIT - INDUSTRIAL · USA
National Storage Affiliates Trust is a Maryland real estate investment trust focused on the ownership, operation and acquisition of storage properties located within the top 100 metropolitan statistical areas of the United States.
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