WallStSmart

Federal Realty Investment Trust (FRT)vsKite Realty Group Trust (KRG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Federal Realty Investment Trust generates 52% more annual revenue ($1.28B vs $844.37M). KRG leads profitability with a 35.4% profit margin vs 32.1%. KRG appears more attractively valued with a PEG of 3.14. FRT earns a higher WallStSmart Score of 66/100 (B-).

FRT

Strong Buy

66

out of 100

Grade: B-

Growth: 7.3Profit: 8.0Value: 7.3Quality: 4.3
Piotroski: 4/9Altman Z: 0.59

KRG

Buy

61

out of 100

Grade: C+

Growth: 4.0Profit: 7.0Value: 7.3Quality: 4.3
Piotroski: 4/9Altman Z: 0.64
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FRTUndervalued (+51.2%)

Margin of Safety

+51.2%

Fair Value

$219.02

Current Price

$103.27

$115.75 discount

UndervaluedFair: $219.02Overvalued
KRGUndervalued (+61.5%)

Margin of Safety

+61.5%

Fair Value

$64.12

Current Price

$24.26

$39.86 discount

UndervaluedFair: $64.12Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FRT4 strengths · Avg: 9.5/10
Profit MarginProfitability
32.1%10/10

Keeps 32 of every $100 in revenue as profit

Operating MarginProfitability
34.5%10/10

Strong operational efficiency at 34.5%

EPS GrowthGrowth
98.7%10/10

Earnings expanding 98.7% YoY

Price/BookValuation
2.9x8/10

Reasonable price relative to book value

KRG4 strengths · Avg: 8.5/10
Profit MarginProfitability
35.4%10/10

Keeps 35 of every $100 in revenue as profit

P/E RatioValuation
17.9x8/10

Attractively priced relative to earnings

Price/BookValuation
1.6x8/10

Reasonable price relative to book value

Operating MarginProfitability
23.2%8/10

Strong operational efficiency at 23.2%

Areas to Watch

FRT2 concerns · Avg: 2.0/10
PEG RatioValuation
3.652/10

Expensive relative to growth rate

Altman Z-ScoreHealth
0.592/10

Distress zone — elevated risk

KRG3 concerns · Avg: 2.0/10
PEG RatioValuation
3.142/10

Expensive relative to growth rate

Revenue GrowthGrowth
-3.8%2/10

Revenue declined 3.8%

Altman Z-ScoreHealth
0.642/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : FRT

The strongest argument for FRT centers on Profit Margin, Operating Margin, EPS Growth. Profitability is solid with margins at 32.1% and operating margin at 34.5%.

Bull Case : KRG

The strongest argument for KRG centers on Profit Margin, P/E Ratio, Price/Book. Profitability is solid with margins at 35.4% and operating margin at 23.2%.

Bear Case : FRT

The primary concerns for FRT are PEG Ratio, Altman Z-Score.

Bear Case : KRG

The primary concerns for KRG are PEG Ratio, Revenue Growth, Altman Z-Score.

Key Dynamics to Monitor

FRT profiles as a mature stock while KRG is a declining play — different risk/reward profiles.

FRT carries more volatility with a beta of 1.01 — expect wider price swings.

FRT is growing revenue faster at 7.5% — sustainability is the question.

KRG generates stronger free cash flow (69M), providing more financial flexibility.

Bottom Line

FRT scores higher overall (66/100 vs 61/100), backed by strong 32.1% margins. KRG offers better value entry with a 61.5% margin of safety. Both earn "Strong 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.

Federal Realty Investment Trust

REAL ESTATE · REIT - RETAIL · USA

Federal Realty Investment Trust is a real estate investment trust that invests in shopping centers in the Northeastern United States, the Mid-Atlantic states, California, and South Florida.

Kite Realty Group Trust

REAL ESTATE · REIT - RETAIL · USA

Kite Realty Group Trust is a vertically integrated, full-service real estate investment trust (REIT) that provides communities with convenient and beneficial shopping experiences.

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