WallStSmart

Greystone Housing Impact Investors LP (GHI)vsUWM Holdings Corp (UWMC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

UWM Holdings Corp generates 13630% more annual revenue ($3.46B vs $25.19M). UWMC leads profitability with a 0.8% profit margin vs -30.8%. UWMC trades at a lower P/E of 30.1x. UWMC earns a higher WallStSmart Score of 62/100 (C+).

GHI

Avoid

33

out of 100

Grade: F

Growth: 2.0Profit: 3.0Value: 7.3Quality: 5.3
Piotroski: 2/9

UWMC

Buy

62

out of 100

Grade: C+

Growth: 5.3Profit: 6.0Value: 7.7Quality: 3.8
Piotroski: 4/9Altman Z: -0.23
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

GHISignificantly Overvalued (-564.7%)

Margin of Safety

-564.7%

Fair Value

$1.16

Current Price

$4.96

$3.80 premium

UndervaluedFair: $1.16Overvalued
UWMCUndervalued (+16.9%)

Margin of Safety

+16.9%

Fair Value

$5.62

Current Price

$3.53

$2.09 discount

UndervaluedFair: $5.62Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

GHI1 strengths · Avg: 10.0/10
Price/BookValuation
0.4x10/10

Reasonable price relative to book value

UWMC1 strengths · Avg: 10.0/10
Operating MarginProfitability
31.0%10/10

Strong operational efficiency at 31.0%

Areas to Watch

GHI4 concerns · Avg: 3.0/10
P/E RatioValuation
31.5x4/10

Premium valuation, high expectations priced in

Market CapQuality
$126.17M3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Return on EquityProfitability
-2.0%2/10

ROE of -2.0% — below average capital efficiency

UWMC4 concerns · Avg: 3.8/10
P/E RatioValuation
30.1x4/10

Premium valuation, high expectations priced in

Revenue GrowthGrowth
3.0%4/10

3.0% revenue growth

EPS GrowthGrowth
2.8%4/10

2.8% earnings growth

Profit MarginProfitability
0.8%3/10

0.8% margin — thin

Comparative Analysis Report

WallStSmart Research

Bull Case : GHI

The strongest argument for GHI centers on Price/Book. PEG of 1.04 suggests the stock is reasonably priced for its growth.

Bull Case : UWMC

The strongest argument for UWMC centers on Operating Margin.

Bear Case : GHI

The primary concerns for GHI are P/E Ratio, Market Cap, Piotroski F-Score. Debt-to-equity of 2.73 is elevated, increasing financial risk.

Bear Case : UWMC

The primary concerns for UWMC are P/E Ratio, Revenue Growth, EPS Growth. Thin 0.8% margins leave little buffer for downturns.

Key Dynamics to Monitor

GHI profiles as a turnaround stock while UWMC is a value play — different risk/reward profiles.

UWMC carries more volatility with a beta of 1.94 — expect wider price swings.

UWMC is growing revenue faster at 3.0% — sustainability is the question.

UWMC generates stronger free cash flow (82M), providing more financial flexibility.

Bottom Line

UWMC scores higher overall (62/100 vs 33/100). Both earn "Buy" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Greystone Housing Impact Investors LP

FINANCIAL SERVICES · MORTGAGE FINANCE · USA

Greystone Housing Impact Investors LP acquires, holds, sells, and deals in a portfolio of mortgage revenue bonds (MRBs) that are issued to provide construction and/or permanent financing for multifamily and student housing, and residential and commercial properties. The company is headquartered in Omaha, Nebraska.

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UWM Holdings Corp

FINANCIAL SERVICES · MORTGAGE FINANCE · USA

UWM Holdings Corporation is engaged in the residential mortgage loan business in the United States. The company is headquartered in Pontiac, Michigan.

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