WallStSmart

Extra Space Storage Inc (EXR)vsUDR Inc (UDR)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Extra Space Storage Inc generates 97% more annual revenue ($3.45B vs $1.75B). EXR leads profitability with a 28.3% profit margin vs 21.6%. EXR appears more attractively valued with a PEG of 6.09. UDR earns a higher WallStSmart Score of 59/100 (C).

EXR

Buy

57

out of 100

Grade: C

Growth: 6.7Profit: 7.5Value: 4.0Quality: 3.5
Piotroski: 3/9Altman Z: 0.90

UDR

Buy

59

out of 100

Grade: C

Growth: 6.0Profit: 6.5Value: 5.3Quality: 3.8
Piotroski: 5/9Altman Z: 0.08
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

EXRUndervalued (+4.1%)

Margin of Safety

+4.1%

Fair Value

$148.56

Current Price

$143.33

$5.23 discount

UndervaluedFair: $148.56Overvalued
UDRUndervalued (+30.8%)

Margin of Safety

+30.8%

Fair Value

$57.49

Current Price

$36.34

$21.15 discount

UndervaluedFair: $57.49Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

EXR3 strengths · Avg: 9.0/10
Operating MarginProfitability
44.5%10/10

Strong operational efficiency at 44.5%

Profit MarginProfitability
28.3%9/10

Keeps 28 of every $100 in revenue as profit

Price/BookValuation
2.3x8/10

Reasonable price relative to book value

UDR3 strengths · Avg: 9.0/10
EPS GrowthGrowth
97.6%10/10

Earnings expanding 97.6% YoY

Profit MarginProfitability
21.6%9/10

Keeps 22 of every $100 in revenue as profit

Operating MarginProfitability
22.2%8/10

Strong operational efficiency at 22.2%

Areas to Watch

EXR4 concerns · Avg: 3.5/10
P/E RatioValuation
30.7x4/10

Premium valuation, high expectations priced in

Revenue GrowthGrowth
4.6%4/10

4.6% revenue growth

Return on EquityProfitability
7.0%3/10

ROE of 7.0% — below average capital efficiency

Debt/EquityHealth
1.003/10

Elevated debt levels

UDR4 concerns · Avg: 3.0/10
P/E RatioValuation
32.0x4/10

Premium valuation, high expectations priced in

Revenue GrowthGrowth
1.5%4/10

1.5% revenue growth

PEG RatioValuation
8.172/10

Expensive relative to growth rate

Altman Z-ScoreHealth
0.082/10

Distress zone — elevated risk

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 28.3% and operating margin at 44.5%.

Bull Case : UDR

The strongest argument for UDR centers on EPS Growth, Profit Margin, Operating Margin. Profitability is solid with margins at 21.6% and operating margin at 22.2%.

Bear Case : EXR

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

Bear Case : UDR

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

Key Dynamics to Monitor

EXR carries more volatility with a beta of 1.27 — expect wider price swings.

EXR is growing revenue faster at 4.6% — sustainability is the question.

EXR generates stronger free cash flow (362M), providing more financial flexibility.

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

Bottom Line

UDR scores higher overall (59/100 vs 57/100), backed by strong 21.6% margins. 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.

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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UDR Inc

REAL ESTATE · REIT - RESIDENTIAL · USA

UDR Inc. is a publicly traded real estate investment trust that invests in apartments. The company is organized in Maryland with its headquarters in Highlands Ranch, Colorado.

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