Equity Residential (EQR)vsVICI Properties Inc (VICI)
EQR
Equity Residential
$63.66
-3.50%
REAL ESTATE · Cap: $25.50B
VICI
VICI Properties Inc
$24.83
+0.40%
REAL ESTATE · Cap: $27.82B
Smart Verdict
WallStSmart Research — data-driven comparison
VICI Properties Inc generates 31% more annual revenue ($4.10B vs $3.13B). VICI leads profitability with a 67.5% profit margin vs 28.0%. VICI trades at a lower P/E of 9.8x. VICI earns a higher WallStSmart Score of 59/100 (C).
EQR
Hold49
out of 100
Grade: D+
VICI
Buy59
out of 100
Grade: C
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
-8.6%
Fair Value
$59.55
Current Price
$63.66
$4.11 premium
Margin of Safety
+37.9%
Fair Value
$46.98
Current Price
$24.83
$22.15 discount
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Keeps 28 of every $100 in revenue as profit
Reasonable price relative to book value
Strong operational efficiency at 27.9%
Attractively priced relative to earnings
Reasonable price relative to book value
Keeps 68 of every $100 in revenue as profit
Strong operational efficiency at 70.2%
Areas to Watch
Moderate valuation
2.1% revenue growth
Expensive relative to growth rate
Earnings declined 39.9%
Grey zone — moderate risk
Earnings declined 41.4%
Comparative Analysis Report
WallStSmart ResearchBull 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 : VICI
The strongest argument for VICI centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 67.5% and operating margin at 70.2%.
Bear Case : EQR
The primary concerns for EQR are P/E Ratio, Revenue Growth, PEG Ratio.
Bear Case : VICI
The primary concerns for VICI are Altman Z-Score, EPS Growth.
Key Dynamics to Monitor
EQR profiles as a value stock while VICI is a mature play — different risk/reward profiles.
EQR carries more volatility with a beta of 0.75 — expect wider price swings.
VICI is growing revenue faster at 5.7% — sustainability is the question.
VICI generates stronger free cash flow (728M), providing more financial flexibility.
Bottom Line
VICI scores higher overall (59/100 vs 49/100), backed by strong 67.5% 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.
Equity Residential
REAL ESTATE · REIT - RESIDENTIAL · USA
Equity Residential is a publicly traded real estate investment trust that invests in apartments.
VICI Properties Inc
REAL ESTATE · REIT - DIVERSIFIED · USA
VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace.
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