WallStSmart

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

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Extra Space Storage Inc generates 99% more annual revenue ($3.51B vs $1.77B). UDR leads profitability with a 29.6% profit margin vs 27.3%. EXR appears more attractively valued with a PEG of 5.72. UDR earns a higher WallStSmart Score of 59/100 (C).

EXR

Buy

55

out of 100

Grade: C

Growth: 6.0Profit: 7.5Value: 3.3Quality: 3.0
Piotroski: 3/9Altman Z: 0.83

UDR

Buy

59

out of 100

Grade: C

Growth: 5.3Profit: 7.5Value: 5.3Quality: 3.0
Piotroski: 5/9Altman Z: 0.13
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

EXROvervalued (-6.3%)

Margin of Safety

-6.3%

Fair Value

$134.05

Current Price

$137.64

$3.59 premium

UndervaluedFair: $134.05Overvalued
UDRUndervalued (+29.6%)

Margin of Safety

+29.6%

Fair Value

$56.50

Current Price

$35.12

$21.38 discount

UndervaluedFair: $56.50Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

EXR3 strengths · Avg: 9.0/10
Operating MarginProfitability
45.9%10/10

Strong operational efficiency at 45.9%

Profit MarginProfitability
27.3%9/10

Keeps 27 of every $100 in revenue as profit

Price/BookValuation
2.2x8/10

Reasonable price relative to book value

UDR3 strengths · Avg: 9.0/10
EPS GrowthGrowth
90.9%10/10

Earnings expanding 90.9% YoY

Profit MarginProfitability
29.6%9/10

Keeps 30 of every $100 in revenue as profit

Operating MarginProfitability
20.2%8/10

Strong operational efficiency at 20.2%

Areas to Watch

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

Premium valuation, high expectations priced in

Revenue GrowthGrowth
3.8%4/10

3.8% revenue growth

Return on EquityProfitability
7.2%3/10

ROE of 7.2% — below average capital efficiency

Debt/EquityHealth
1.093/10

Elevated debt levels

UDR4 concerns · Avg: 1.8/10
PEG RatioValuation
8.172/10

Expensive relative to growth rate

Revenue GrowthGrowth
-0.1%2/10

Revenue declined 0.1%

Altman Z-ScoreHealth
0.132/10

Distress zone — elevated risk

Debt/EquityHealth
2.041/10

Elevated debt levels

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 27.3% and operating margin at 45.9%.

Bull Case : UDR

The strongest argument for UDR centers on EPS Growth, Profit Margin, Operating Margin. Profitability is solid with margins at 29.6% and operating margin at 20.2%.

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 PEG Ratio, Revenue Growth, Altman Z-Score. Debt-to-equity of 2.04 is elevated, increasing financial risk.

Key Dynamics to Monitor

EXR profiles as a value stock while UDR is a declining play — different risk/reward profiles.

EXR carries more volatility with a beta of 1.18 — expect wider price swings.

EXR is growing revenue faster at 3.8% — sustainability is the question.

EXR generates stronger free cash flow (549M), providing more financial flexibility.

Bottom Line

UDR scores higher overall (59/100 vs 55/100), backed by strong 29.6% 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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