WallStSmart

Blackstone Mortgage Trust Inc (BXMT)vsStarwood Property Trust Inc (STWD)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Starwood Property Trust Inc generates 48% more annual revenue ($597.28M vs $402.59M). STWD leads profitability with a 38.2% profit margin vs 3.8%. STWD appears more attractively valued with a PEG of 1.74. STWD earns a higher WallStSmart Score of 49/100 (D+).

BXMT

Hold

38

out of 100

Grade: F

Growth: 4.0Profit: 3.5Value: 4.7Quality: 2.5
Piotroski: 3/9Altman Z: -0.33

STWD

Hold

49

out of 100

Grade: D+

Growth: 4.7Profit: 5.0Value: 6.7Quality: 2.5
Piotroski: 2/9Altman Z: 0.03
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BXMTUndervalued (+68.5%)

Margin of Safety

+68.5%

Fair Value

$63.47

Current Price

$13.14

$50.33 discount

UndervaluedFair: $63.47Overvalued
STWDUndervalued (+84.7%)

Margin of Safety

+84.7%

Fair Value

$118.26

Current Price

$15.10

$103.16 discount

UndervaluedFair: $118.26Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BXMT1 strengths · Avg: 10.0/10
Price/BookValuation
0.7x10/10

Reasonable price relative to book value

STWD2 strengths · Avg: 10.0/10
Price/BookValuation
0.9x10/10

Reasonable price relative to book value

Profit MarginProfitability
38.2%10/10

Keeps 38 of every $100 in revenue as profit

Areas to Watch

BXMT4 concerns · Avg: 2.8/10
Return on EquityProfitability
3.0%3/10

ROE of 3.0% — below average capital efficiency

Profit MarginProfitability
3.8%3/10

3.8% margin — thin

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
254.802/10

Expensive relative to growth rate

STWD4 concerns · Avg: 3.5/10
PEG RatioValuation
1.744/10

Expensive relative to growth rate

P/E RatioValuation
25.4x4/10

Moderate valuation

Return on EquityProfitability
5.3%3/10

ROE of 5.3% — below average capital efficiency

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : BXMT

The strongest argument for BXMT centers on Price/Book.

Bull Case : STWD

The strongest argument for STWD centers on Price/Book, Profit Margin. Profitability is solid with margins at 38.2% and operating margin at -5.9%. Revenue growth of 13.4% demonstrates continued momentum.

Bear Case : BXMT

The primary concerns for BXMT are Return on Equity, Profit Margin, Piotroski F-Score. A P/E of 173.4x leaves little room for execution misses. Debt-to-equity of 4.85 is elevated, increasing financial risk.

Bear Case : STWD

The primary concerns for STWD are PEG Ratio, P/E Ratio, Return on Equity. Debt-to-equity of 3.65 is elevated, increasing financial risk.

Key Dynamics to Monitor

BXMT profiles as a value stock while STWD is a mature play — different risk/reward profiles.

STWD carries more volatility with a beta of 1.03 — expect wider price swings.

STWD is growing revenue faster at 13.4% — sustainability is the question.

STWD generates stronger free cash flow (-141M), providing more financial flexibility.

Bottom Line

STWD scores higher overall (49/100 vs 38/100), backed by strong 38.2% margins and 13.4% revenue growth. BXMT offers better value entry with a 68.5% margin of safety. Both earn "Hold" 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.

Blackstone Mortgage Trust Inc

REAL ESTATE · REIT - MORTGAGE · USA

Blackstone Mortgage Trust, Inc., a real estate financing company, originates senior secured commercial property loans in North America, Europe and Australia. The company is headquartered in New York, New York.

Starwood Property Trust Inc

REAL ESTATE · REIT - MORTGAGE · USA

Starwood Property Trust, Inc. is a real estate investment trust (REIT) in the United States and Europe. The company is headquartered in Greenwich, Connecticut.

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