WallStSmart

Four Corners Property Trust Inc (FCPT)vsPrologis Inc (PLD)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Prologis Inc generates 3088% more annual revenue ($9.38B vs $294.13M). PLD leads profitability with a 39.7% profit margin vs 38.2%. FCPT trades at a lower P/E of 23.2x. PLD earns a higher WallStSmart Score of 63/100 (C+).

FCPT

Buy

54

out of 100

Grade: C-

Growth: 5.3Profit: 7.5Value: 7.0Quality: 4.0
Piotroski: 4/9Altman Z: 0.98

PLD

Buy

63

out of 100

Grade: C+

Growth: 8.0Profit: 7.0Value: 5.3Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FCPTUndervalued (+40.3%)

Margin of Safety

+40.3%

Fair Value

$42.31

Current Price

$25.57

$16.74 discount

UndervaluedFair: $42.31Overvalued
PLDUndervalued (+47.3%)

Margin of Safety

+47.3%

Fair Value

$268.09

Current Price

$142.02

$126.07 discount

UndervaluedFair: $268.09Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FCPT3 strengths · Avg: 9.3/10
Profit MarginProfitability
38.2%10/10

Keeps 38 of every $100 in revenue as profit

Operating MarginProfitability
62.6%10/10

Strong operational efficiency at 62.6%

Price/BookValuation
2.5x8/10

Reasonable price relative to book value

PLD5 strengths · Avg: 9.4/10
Profit MarginProfitability
39.7%10/10

Keeps 40 of every $100 in revenue as profit

Operating MarginProfitability
38.5%10/10

Strong operational efficiency at 38.5%

EPS GrowthGrowth
65.2%10/10

Earnings expanding 65.2% YoY

Market CapQuality
$129.41B9/10

Large-cap with strong market position

Price/BookValuation
2.5x8/10

Reasonable price relative to book value

Areas to Watch

FCPT3 concerns · Avg: 3.0/10
EPS GrowthGrowth
0.6%4/10

0.6% earnings growth

Return on EquityProfitability
7.3%3/10

ROE of 7.3% — below average capital efficiency

Altman Z-ScoreHealth
0.982/10

Distress zone — elevated risk

PLD4 concerns · Avg: 2.8/10
P/E RatioValuation
39.1x4/10

Premium valuation, high expectations priced in

Return on EquityProfitability
6.8%3/10

ROE of 6.8% — below average capital efficiency

PEG RatioValuation
110.102/10

Expensive relative to growth rate

Free Cash FlowQuality
$-3.75B2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : FCPT

The strongest argument for FCPT centers on Profit Margin, Operating Margin, Price/Book. Profitability is solid with margins at 38.2% and operating margin at 62.6%.

Bull Case : PLD

The strongest argument for PLD centers on Profit Margin, Operating Margin, EPS Growth. Profitability is solid with margins at 39.7% and operating margin at 38.5%.

Bear Case : FCPT

The primary concerns for FCPT are EPS Growth, Return on Equity, Altman Z-Score.

Bear Case : PLD

The primary concerns for PLD are P/E Ratio, Return on Equity, PEG Ratio.

Key Dynamics to Monitor

PLD carries more volatility with a beta of 1.41 — expect wider price swings.

PLD is growing revenue faster at 8.3% — sustainability is the question.

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

Bottom Line

PLD scores higher overall (63/100 vs 54/100), backed by strong 39.7% margins. FCPT offers better value entry with a 40.3% margin of safety. 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.

Four Corners Property Trust Inc

REAL ESTATE · REIT - RETAIL · USA

Four Corners Property Trust Inc. (FCPT) is a distinguished real estate investment trust (REIT) focused on acquiring and managing a diversified portfolio of high-quality retail and restaurant properties throughout the United States. The company mainly invests in single-tenant net lease properties, strategically aligning its interests with well-established restaurant brands to ensure stable cash flow and sustainable growth. FCPT's commitment to rigorous asset management and a robust leasing framework positions it favorably in a dynamic retail landscape, aiming to optimize long-term value for its investors while responding adeptly to evolving consumer demands.

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Prologis Inc

REAL ESTATE · REIT - INDUSTRIAL · USA

Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities, with a focus on the consumption side of the global supply chain.

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