WallStSmart

Cousins Properties Incorporated (CUZ)vsHighwoods Properties Inc (HIW)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Cousins Properties Incorporated generates 22% more annual revenue ($1.03B vs $838.86M). HIW leads profitability with a 20.1% profit margin vs 0.6%. CUZ appears more attractively valued with a PEG of 1.31. HIW earns a higher WallStSmart Score of 65/100 (C+).

CUZ

Buy

63

out of 100

Grade: C+

Growth: 7.3Profit: 4.5Value: 6.0Quality: 4.5
Piotroski: 2/9Altman Z: 0.49

HIW

Buy

65

out of 100

Grade: C+

Growth: 6.0Profit: 6.5Value: 6.0Quality: 4.5
Piotroski: 4/9Altman Z: 0.55
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CUZUndervalued (+56.3%)

Margin of Safety

+56.3%

Fair Value

$52.89

Current Price

$28.19

$24.70 discount

UndervaluedFair: $52.89Overvalued
HIWUndervalued (+48.5%)

Margin of Safety

+48.5%

Fair Value

$45.34

Current Price

$30.93

$14.41 discount

UndervaluedFair: $45.34Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CUZ3 strengths · Avg: 9.3/10
Price/BookValuation
1.0x10/10

Reasonable price relative to book value

EPS GrowthGrowth
84.4%10/10

Earnings expanding 84.4% YoY

Operating MarginProfitability
24.2%8/10

Strong operational efficiency at 24.2%

HIW4 strengths · Avg: 9.3/10
Price/BookValuation
1.4x10/10

Reasonable price relative to book value

EPS GrowthGrowth
400.2%10/10

Earnings expanding 400.2% YoY

Profit MarginProfitability
20.1%9/10

Keeps 20 of every $100 in revenue as profit

Operating MarginProfitability
26.3%8/10

Strong operational efficiency at 26.3%

Areas to Watch

CUZ4 concerns · Avg: 2.5/10
Profit MarginProfitability
0.6%3/10

0.6% margin — thin

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

P/E RatioValuation
697.5x2/10

Premium valuation, high expectations priced in

Return on EquityProfitability
-0.1%2/10

ROE of -0.1% — below average capital efficiency

HIW4 concerns · Avg: 2.5/10
Return on EquityProfitability
3.8%3/10

ROE of 3.8% — below average capital efficiency

Debt/EquityHealth
1.473/10

Elevated debt levels

PEG RatioValuation
7.772/10

Expensive relative to growth rate

Altman Z-ScoreHealth
0.552/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : CUZ

The strongest argument for CUZ centers on Price/Book, EPS Growth, Operating Margin. Revenue growth of 11.6% demonstrates continued momentum. PEG of 1.31 suggests the stock is reasonably priced for its growth.

Bull Case : HIW

The strongest argument for HIW centers on Price/Book, EPS Growth, Profit Margin. Profitability is solid with margins at 20.1% and operating margin at 26.3%.

Bear Case : CUZ

The primary concerns for CUZ are Profit Margin, Piotroski F-Score, P/E Ratio. A P/E of 697.5x leaves little room for execution misses. Thin 0.6% margins leave little buffer for downturns.

Bear Case : HIW

The primary concerns for HIW are Return on Equity, Debt/Equity, PEG Ratio.

Key Dynamics to Monitor

CUZ profiles as a value stock while HIW is a mature play — different risk/reward profiles.

CUZ carries more volatility with a beta of 1.16 — expect wider price swings.

CUZ is growing revenue faster at 11.6% — sustainability is the question.

CUZ generates stronger free cash flow (83M), providing more financial flexibility.

Bottom Line

HIW scores higher overall (65/100 vs 63/100), backed by strong 20.1% margins. CUZ offers better value entry with a 56.3% margin of safety. 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.

Cousins Properties Incorporated

REAL ESTATE · REIT - OFFICE · USA

Cousins Properties is a fully integrated, self-managed and self-managed Real Estate Investment Trust (REIT).

Highwoods Properties Inc

REAL ESTATE · REIT - OFFICE · USA

Highwoods Properties, Inc., based in Raleigh, is a publicly traded (NYSE: HIW) real estate investment trust (?

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