WallStSmart

Equinix Inc (EQIX)vsFirst Industrial Realty Trust Inc (FR)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Equinix Inc generates 1178% more annual revenue ($9.53B vs $745.20M). FR leads profitability with a 46.0% profit margin vs 14.9%. EQIX appears more attractively valued with a PEG of 3.45. FR earns a higher WallStSmart Score of 66/100 (B-).

EQIX

Buy

54

out of 100

Grade: C-

Growth: 6.7Profit: 6.5Value: 3.0Quality: 3.5
Piotroski: 3/9Altman Z: 0.55

FR

Strong Buy

66

out of 100

Grade: B-

Growth: 8.0Profit: 8.0Value: 3.3Quality: 3.3
Piotroski: 3/9Altman Z: 0.98
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for EQIX.

FRSignificantly Overvalued (-41.8%)

Margin of Safety

-41.8%

Fair Value

$41.89

Current Price

$61.58

$19.69 premium

UndervaluedFair: $41.89Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

EQIX3 strengths · Avg: 8.3/10
Market CapQuality
$105.71B9/10

Large-cap with strong market position

Operating MarginProfitability
24.3%8/10

Strong operational efficiency at 24.3%

EPS GrowthGrowth
20.0%8/10

Earnings expanding 20.0% YoY

FR4 strengths · Avg: 9.5/10
Profit MarginProfitability
46.0%10/10

Keeps 46 of every $100 in revenue as profit

Operating MarginProfitability
35.0%10/10

Strong operational efficiency at 35.0%

EPS GrowthGrowth
199.7%10/10

Earnings expanding 199.7% YoY

Price/BookValuation
3.0x8/10

Reasonable price relative to book value

Areas to Watch

EQIX4 concerns · Avg: 2.5/10
Debt/EquityHealth
1.633/10

Elevated debt levels

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
3.452/10

Expensive relative to growth rate

P/E RatioValuation
74.1x2/10

Premium valuation, high expectations priced in

FR3 concerns · Avg: 2.3/10
Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
3.742/10

Expensive relative to growth rate

Altman Z-ScoreHealth
0.982/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : EQIX

The strongest argument for EQIX centers on Market Cap, Operating Margin, EPS Growth. Revenue growth of 12.1% demonstrates continued momentum.

Bull Case : FR

The strongest argument for FR centers on Profit Margin, Operating Margin, EPS Growth. Profitability is solid with margins at 46.0% and operating margin at 35.0%.

Bear Case : EQIX

The primary concerns for EQIX are Debt/Equity, Piotroski F-Score, PEG Ratio. A P/E of 74.1x leaves little room for execution misses. Debt-to-equity of 1.63 is elevated, increasing financial risk.

Bear Case : FR

The primary concerns for FR are Piotroski F-Score, PEG Ratio, Altman Z-Score.

Key Dynamics to Monitor

EQIX profiles as a value stock while FR is a mature play — different risk/reward profiles.

FR carries more volatility with a beta of 1.08 — expect wider price swings.

EQIX is growing revenue faster at 12.1% — sustainability is the question.

FR generates stronger free cash flow (89M), providing more financial flexibility.

Bottom Line

FR scores higher overall (66/100 vs 54/100), backed by strong 46.0% margins. 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.

Equinix Inc

REAL ESTATE · REIT - SPECIALTY · USA

Equinix, Inc. is an American multinational company headquartered in Redwood City, California, that specializes in Internet connection and data centers.

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First Industrial Realty Trust Inc

REAL ESTATE · REIT - INDUSTRIAL · USA

First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated industrial real estate owner, operator, and developer with a history of providing industry-leading customer service to multinational corporations and regional clients.

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