WallStSmart

Five Point Holdings LLC (FPH)vsRexford Industrial Realty Inc (REXR)

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Smart Verdict

WallStSmart Research — data-driven comparison

Rexford Industrial Realty Inc generates 749% more annual revenue ($991.92M vs $116.87M). FPH leads profitability with a 45.4% profit margin vs -39.2%. FPH earns a higher WallStSmart Score of 60/100 (C+).

FPH

Buy

60

out of 100

Grade: C+

Growth: 10.0Profit: 4.5Value: 7.0Quality: 7.5
Piotroski: 2/9Altman Z: 3.09

REXR

Hold

49

out of 100

Grade: D+

Growth: 6.0Profit: 5.0Value: 6.3Quality: 6.0
Piotroski: 4/9Altman Z: 1.54
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FPHUndervalued (+13.4%)

Margin of Safety

+13.4%

Fair Value

$6.11

Current Price

$4.09

$2.02 discount

UndervaluedFair: $6.11Overvalued
REXRUndervalued (+70.5%)

Margin of Safety

+70.5%

Fair Value

$127.19

Current Price

$37.13

$90.06 discount

UndervaluedFair: $127.19Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FPH6 strengths · Avg: 10.0/10
P/E RatioValuation
6.1x10/10

Attractively priced relative to earnings

Price/BookValuation
0.3x10/10

Reasonable price relative to book value

Profit MarginProfitability
45.4%10/10

Keeps 45 of every $100 in revenue as profit

Revenue GrowthGrowth
86.0%10/10

Revenue surging 86.0% year-over-year

EPS GrowthGrowth
228.2%10/10

Earnings expanding 228.2% YoY

Altman Z-ScoreHealth
3.0910/10

Safe zone — low bankruptcy risk

REXR3 strengths · Avg: 9.3/10
Price/BookValuation
1.1x10/10

Reasonable price relative to book value

Operating MarginProfitability
41.6%10/10

Strong operational efficiency at 41.6%

EPS GrowthGrowth
28.0%8/10

Earnings expanding 28.0% YoY

Areas to Watch

FPH4 concerns · Avg: 2.8/10
Market CapQuality
$635.98M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
3.5%3/10

ROE of 3.5% — below average capital efficiency

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Free Cash FlowQuality
$-18.75M2/10

Negative free cash flow — burning cash

REXR4 concerns · Avg: 3.3/10
PEG RatioValuation
1.884/10

Expensive relative to growth rate

Altman Z-ScoreHealth
1.544/10

Distress zone — elevated risk

Return on EquityProfitability
2.8%3/10

ROE of 2.8% — below average capital efficiency

Revenue GrowthGrowth
-1.6%2/10

Revenue declined 1.6%

Comparative Analysis Report

WallStSmart Research

Bull Case : FPH

The strongest argument for FPH centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 45.4% and operating margin at -54.3%. Revenue growth of 86.0% demonstrates continued momentum.

Bull Case : REXR

The strongest argument for REXR centers on Price/Book, Operating Margin, EPS Growth.

Bear Case : FPH

The primary concerns for FPH are Market Cap, Return on Equity, Piotroski F-Score.

Bear Case : REXR

The primary concerns for REXR are PEG Ratio, Altman Z-Score, Return on Equity.

Key Dynamics to Monitor

FPH profiles as a growth stock while REXR is a turnaround play — different risk/reward profiles.

FPH carries more volatility with a beta of 1.36 — expect wider price swings.

FPH is growing revenue faster at 86.0% — sustainability is the question.

Monitor REAL ESTATE - DEVELOPMENT industry trends, competitive dynamics, and regulatory changes.

Bottom Line

FPH scores higher overall (60/100 vs 49/100), backed by strong 45.4% margins and 86.0% revenue growth. REXR offers better value entry with a 70.5% margin of safety. 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.

Five Point Holdings LLC

REAL ESTATE · REAL ESTATE - DEVELOPMENT · USA

Five Point Holdings, LLC, through its subsidiary, Five Point Operating Company, LP, designs and develops planned and mixed-use communities in Orange, Los Angeles and San Francisco counties. The company is headquartered in Irvine, California.

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Rexford Industrial Realty Inc

REAL ESTATE · REIT - INDUSTRIAL · USA

Rexford Industrial, a real estate investment trust that focuses on owning and operating industrial properties in the infill markets of Southern California, owns 232 properties with approximately 27.

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