WallStSmart

Extra Space Storage Inc (EXR)vsAppreciate Holdings, Inc. (SFRT)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Extra Space Storage Inc generates 11889% more annual revenue ($3.48B vs $29.01M). EXR leads profitability with a 27.1% profit margin vs -26.9%. EXR earns a higher WallStSmart Score of 51/100 (C-).

EXR

Buy

51

out of 100

Grade: C-

Growth: 4.7Profit: 7.5Value: 3.3Quality: 3.0
Piotroski: 3/9Altman Z: 0.83

SFRT

Avoid

28

out of 100

Grade: F

Growth: 4.0Profit: 3.0Value: 5.0Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

EXROvervalued (-7.2%)

Margin of Safety

-7.2%

Fair Value

$132.89

Current Price

$147.29

$14.40 premium

UndervaluedFair: $132.89Overvalued

Intrinsic value data unavailable for SFRT.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

EXR3 strengths · Avg: 9.0/10
Operating MarginProfitability
44.0%10/10

Strong operational efficiency at 44.0%

Profit MarginProfitability
27.1%9/10

Keeps 27 of every $100 in revenue as profit

Price/BookValuation
2.3x8/10

Reasonable price relative to book value

SFRT0 strengths · Avg: 0/10

No standout strengths identified

Areas to Watch

EXR4 concerns · Avg: 3.5/10
P/E RatioValuation
32.8x4/10

Premium valuation, high expectations priced in

Revenue GrowthGrowth
3.8%4/10

3.8% revenue growth

Return on EquityProfitability
7.1%3/10

ROE of 7.1% — below average capital efficiency

Debt/EquityHealth
1.053/10

Elevated debt levels

SFRT4 concerns · Avg: 3.0/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Market CapQuality
$4,8253/10

Smaller company, higher risk/reward

Return on EquityProfitability
0.0%3/10

ROE of 0.0% — below average capital efficiency

Free Cash FlowQuality
$-337,8602/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : EXR

The strongest argument for EXR centers on Operating Margin, Profit Margin, Price/Book. Profitability is solid with margins at 27.1% and operating margin at 44.0%.

Bull Case : SFRT

SFRT has a balanced fundamental profile.

Bear Case : EXR

The primary concerns for EXR are P/E Ratio, Revenue Growth, Return on Equity.

Bear Case : SFRT

The primary concerns for SFRT are EPS Growth, Market Cap, Return on Equity.

Key Dynamics to Monitor

EXR profiles as a value stock while SFRT is a turnaround play — different risk/reward profiles.

EXR carries more volatility with a beta of 1.21 — expect wider price swings.

SFRT is growing revenue faster at 10.0% — sustainability is the question.

EXR generates stronger free cash flow (386M), providing more financial flexibility.

Bottom Line

EXR scores higher overall (51/100 vs 28/100), backed by strong 27.1% margins. Both earn "Buy" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Extra Space Storage Inc

REAL ESTATE · REIT - INDUSTRIAL · USA

Extra Space Storage is a real estate investment trust headquartered in Cottonwood Heights, Utah that invests in self storage units.

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Appreciate Holdings, Inc.

REAL ESTATE · REAL ESTATE SERVICES · USA

Appreciate Holdings, Inc., a single-family rental (SFR) services company, operates an end-to-end technology platform serving individual and institutional investors in the United States. The company is headquartered in Minnetonka, Minnesota.

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