WallStSmart

Equity Residential (EQR)vsIndependence Realty Trust Inc (IRT)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Equity Residential generates 362% more annual revenue ($3.13B vs $677.16M). EQR leads profitability with a 28.0% profit margin vs 6.4%. IRT appears more attractively valued with a PEG of 4.57. EQR earns a higher WallStSmart Score of 49/100 (D+).

EQR

Hold

49

out of 100

Grade: D+

Growth: 3.3Profit: 7.5Value: 4.0Quality: 4.5
Piotroski: 4/9Altman Z: 1.11

IRT

Hold

41

out of 100

Grade: D

Growth: 3.3Profit: 4.5Value: 3.0Quality: 4.5
Piotroski: 3/9Altman Z: 0.76
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

EQROvervalued (-8.6%)

Margin of Safety

-8.6%

Fair Value

$59.56

Current Price

$63.66

$4.10 premium

UndervaluedFair: $59.56Overvalued

Intrinsic value data unavailable for IRT.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

EQR3 strengths · Avg: 8.3/10
Profit MarginProfitability
28.0%9/10

Keeps 28 of every $100 in revenue as profit

Price/BookValuation
2.3x8/10

Reasonable price relative to book value

Operating MarginProfitability
27.9%8/10

Strong operational efficiency at 27.9%

IRT2 strengths · Avg: 10.0/10
Price/BookValuation
1.1x10/10

Reasonable price relative to book value

Debt/EquityHealth
0.0010/10

Conservative balance sheet, low leverage

Areas to Watch

EQR4 concerns · Avg: 3.0/10
P/E RatioValuation
28.7x4/10

Moderate valuation

Revenue GrowthGrowth
2.1%4/10

2.1% revenue growth

PEG RatioValuation
8.152/10

Expensive relative to growth rate

EPS GrowthGrowth
-39.9%2/10

Earnings declined 39.9%

IRT4 concerns · Avg: 3.3/10
Revenue GrowthGrowth
3.0%4/10

3.0% revenue growth

Return on EquityProfitability
1.4%3/10

ROE of 1.4% — below average capital efficiency

Profit MarginProfitability
6.4%3/10

6.4% margin — thin

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : EQR

The strongest argument for EQR centers on Profit Margin, Price/Book, Operating Margin. Profitability is solid with margins at 28.0% and operating margin at 27.9%.

Bull Case : IRT

The strongest argument for IRT centers on Price/Book, Debt/Equity.

Bear Case : EQR

The primary concerns for EQR are P/E Ratio, Revenue Growth, PEG Ratio.

Bear Case : IRT

The primary concerns for IRT are Revenue Growth, Return on Equity, Profit Margin. A P/E of 94.6x leaves little room for execution misses.

Key Dynamics to Monitor

IRT carries more volatility with a beta of 0.95 — expect wider price swings.

IRT is growing revenue faster at 3.0% — sustainability is the question.

EQR generates stronger free cash flow (184M), providing more financial flexibility.

Monitor REIT - RESIDENTIAL industry trends, competitive dynamics, and regulatory changes.

Bottom Line

EQR scores higher overall (49/100 vs 41/100), backed by strong 28.0% margins. 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.

Equity Residential

REAL ESTATE · REIT - RESIDENTIAL · USA

Equity Residential is a publicly traded real estate investment trust that invests in apartments.

Independence Realty Trust Inc

REAL ESTATE · REIT - RESIDENTIAL · USA

Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multi-family apartment properties in non-entry US markets, including Atlanta, Louisville, Memphis and Raleigh.

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