WallStSmart

Crown Castle (CCI)vsTPG RE Finance Trust Inc (TRTX)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Crown Castle generates 2993% more annual revenue ($4.21B vs $136.23M). TRTX leads profitability with a 48.1% profit margin vs 25.1%. TRTX trades at a lower P/E of 13.3x. TRTX earns a higher WallStSmart Score of 68/100 (B-).

CCI

Hold

49

out of 100

Grade: D+

Growth: 3.3Profit: 7.0Value: 4.0Quality: 4.5
Piotroski: 3/9Altman Z: -0.67

TRTX

Strong Buy

68

out of 100

Grade: B-

Growth: 6.7Profit: 7.0Value: 6.0Quality: 4.5
Piotroski: 2/9Altman Z: 0.09
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CCISignificantly Overvalued (-29.8%)

Margin of Safety

-29.8%

Fair Value

$66.29

Current Price

$94.49

$28.20 premium

UndervaluedFair: $66.29Overvalued

Intrinsic value data unavailable for TRTX.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CCI3 strengths · Avg: 9.7/10
Operating MarginProfitability
47.7%10/10

Strong operational efficiency at 47.7%

Debt/EquityHealth
-12.8610/10

Conservative balance sheet, low leverage

Profit MarginProfitability
25.1%9/10

Keeps 25 of every $100 in revenue as profit

TRTX5 strengths · Avg: 9.6/10
Price/BookValuation
0.6x10/10

Reasonable price relative to book value

Profit MarginProfitability
48.1%10/10

Keeps 48 of every $100 in revenue as profit

Operating MarginProfitability
50.7%10/10

Strong operational efficiency at 50.7%

EPS GrowthGrowth
58.3%10/10

Earnings expanding 58.3% YoY

P/E RatioValuation
13.3x8/10

Attractively priced relative to earnings

Areas to Watch

CCI4 concerns · Avg: 2.8/10
P/E RatioValuation
38.9x4/10

Premium valuation, high expectations priced in

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Return on EquityProfitability
-206.7%2/10

ROE of -206.7% — below average capital efficiency

Revenue GrowthGrowth
-4.8%2/10

Revenue declined 4.8%

TRTX4 concerns · Avg: 2.8/10
Market CapQuality
$657.12M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
6.2%3/10

ROE of 6.2% — below average capital efficiency

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Altman Z-ScoreHealth
0.092/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : CCI

The strongest argument for CCI centers on Operating Margin, Debt/Equity, Profit Margin. Profitability is solid with margins at 25.1% and operating margin at 47.7%.

Bull Case : TRTX

The strongest argument for TRTX centers on Price/Book, Profit Margin, Operating Margin. Profitability is solid with margins at 48.1% and operating margin at 50.7%. Revenue growth of 11.9% demonstrates continued momentum.

Bear Case : CCI

The primary concerns for CCI are P/E Ratio, Piotroski F-Score, Return on Equity.

Bear Case : TRTX

The primary concerns for TRTX are Market Cap, Return on Equity, Piotroski F-Score. Debt-to-equity of 3.17 is elevated, increasing financial risk.

Key Dynamics to Monitor

CCI profiles as a declining stock while TRTX is a mature play — different risk/reward profiles.

TRTX carries more volatility with a beta of 1.47 — expect wider price swings.

TRTX is growing revenue faster at 11.9% — sustainability is the question.

CCI generates stronger free cash flow (452M), providing more financial flexibility.

Bottom Line

TRTX scores higher overall (68/100 vs 49/100), backed by strong 48.1% margins and 11.9% revenue growth. Both earn "Strong 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.

Crown Castle

REAL ESTATE · REIT - SPECIALTY · USA

Crown Castle is a real estate investment trust and provider of shared communications infrastructure in the United States. Its network includes over 40,000 cell towers and nearly 80,000 route miles of fiber supporting small cells and fiber solutions. Headquartered in Houston, Texas, the company has 100 offices nationwide.

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TPG RE Finance Trust Inc

REAL ESTATE · REIT - MORTGAGE · USA

TPG RE Finance Trust, Inc., a commercial real estate finance company, originates, acquires and manages commercial mortgage loans and other commercial real estate-related debt instruments in North America. The company is headquartered in New York, New York.

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