WallStSmart

COPT Defense Properties (CDP)vsSL Green Realty Corp (SLG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

SL Green Realty Corp generates 23% more annual revenue ($946.90M vs $766.73M). CDP leads profitability with a 19.9% profit margin vs -9.3%. CDP appears more attractively valued with a PEG of 1.03. CDP earns a higher WallStSmart Score of 62/100 (C+).

CDP

Buy

62

out of 100

Grade: C+

Growth: 7.3Profit: 7.5Value: 7.3Quality: 4.5
Piotroski: 4/9Altman Z: 0.41

SLG

Hold

47

out of 100

Grade: D+

Growth: 4.7Profit: 5.0Value: 6.7Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CDPSignificantly Overvalued (-35.5%)

Margin of Safety

-35.5%

Fair Value

$23.91

Current Price

$31.20

$7.29 premium

UndervaluedFair: $23.91Overvalued

Intrinsic value data unavailable for SLG.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CDP2 strengths · Avg: 8.0/10
Price/BookValuation
2.3x8/10

Reasonable price relative to book value

Operating MarginProfitability
29.6%8/10

Strong operational efficiency at 29.6%

SLG1 strengths · Avg: 10.0/10
Price/BookValuation
0.8x10/10

Reasonable price relative to book value

Areas to Watch

CDP1 concerns · Avg: 2.0/10
Altman Z-ScoreHealth
0.412/10

Distress zone — elevated risk

SLG4 concerns · Avg: 1.8/10
Return on EquityProfitability
-2.2%2/10

ROE of -2.2% — below average capital efficiency

EPS GrowthGrowth
-98.2%2/10

Earnings declined 98.2%

Free Cash FlowQuality
$-498.79M2/10

Negative free cash flow — burning cash

Profit MarginProfitability
-9.3%1/10

Currently unprofitable

Comparative Analysis Report

WallStSmart Research

Bull Case : CDP

The strongest argument for CDP centers on Price/Book, Operating Margin. Profitability is solid with margins at 19.9% and operating margin at 29.6%. PEG of 1.03 suggests the stock is reasonably priced for its growth.

Bull Case : SLG

The strongest argument for SLG centers on Price/Book. PEG of 1.30 suggests the stock is reasonably priced for its growth.

Bear Case : CDP

The primary concerns for CDP are Altman Z-Score.

Bear Case : SLG

The primary concerns for SLG are Return on Equity, EPS Growth, Free Cash Flow.

Key Dynamics to Monitor

CDP profiles as a mature stock while SLG is a turnaround play — different risk/reward profiles.

SLG carries more volatility with a beta of 1.65 — expect wider price swings.

SLG is growing revenue faster at 9.9% — sustainability is the question.

CDP generates stronger free cash flow (61M), providing more financial flexibility.

Bottom Line

CDP scores higher overall (62/100 vs 47/100), backed by strong 19.9% margins. 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.

COPT Defense Properties

REAL ESTATE · REIT - OFFICE · USA

COPT Defense Properties (CDP) is a specialized real estate investment trust (REIT) that focuses on the acquisition, development, and management of properties designed for defense and government contractors. Positioned strategically near key defense installations, CDP is committed to generating stable, long-term cash flows through its diversified portfolio, which is tailored to meet the evolving needs of its tenants. With a disciplined approach to capital allocation and a robust development pipeline, the company aims to enhance shareholder value while supporting the national security infrastructure.

SL Green Realty Corp

REAL ESTATE · REIT - OFFICE · USA

SL Green Realty Corp.

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