WallStSmart

Global Net Lease, Inc. (GNL)vsW P Carey Inc (WPC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

W P Carey Inc generates 244% more annual revenue ($1.71B vs $495.29M). WPC leads profitability with a 27.3% profit margin vs -45.5%. WPC earns a higher WallStSmart Score of 72/100 (B).

GNL

Hold

48

out of 100

Grade: D+

Growth: 6.0Profit: 4.5Value: 5.0Quality: 4.5
Piotroski: 3/9Altman Z: -0.25

WPC

Strong Buy

72

out of 100

Grade: B

Growth: 7.3Profit: 7.5Value: 9.3Quality: 3.8
Piotroski: 4/9Altman Z: 0.56
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for GNL.

WPCUndervalued (+26.8%)

Margin of Safety

+26.8%

Fair Value

$98.75

Current Price

$67.55

$31.20 discount

UndervaluedFair: $98.75Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

GNL3 strengths · Avg: 10.0/10
Price/BookValuation
1.2x10/10

Reasonable price relative to book value

Operating MarginProfitability
36.0%10/10

Strong operational efficiency at 36.0%

EPS GrowthGrowth
333.0%10/10

Earnings expanding 333.0% YoY

WPC4 strengths · Avg: 9.3/10
Operating MarginProfitability
50.9%10/10

Strong operational efficiency at 50.9%

EPS GrowthGrowth
218.1%10/10

Earnings expanding 218.1% YoY

Profit MarginProfitability
27.3%9/10

Keeps 27 of every $100 in revenue as profit

Price/BookValuation
1.8x8/10

Reasonable price relative to book value

Areas to Watch

GNL4 concerns · Avg: 2.5/10
Debt/EquityHealth
1.743/10

Elevated debt levels

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Return on EquityProfitability
-7.0%2/10

ROE of -7.0% — below average capital efficiency

Revenue GrowthGrowth
-15.1%2/10

Revenue declined 15.1%

WPC4 concerns · Avg: 2.8/10
P/E RatioValuation
34.0x4/10

Premium valuation, high expectations priced in

Return on EquityProfitability
5.7%3/10

ROE of 5.7% — below average capital efficiency

Free Cash FlowQuality
$-1.54B2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
0.562/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : GNL

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

Bull Case : WPC

The strongest argument for WPC centers on Operating Margin, EPS Growth, Profit Margin. Profitability is solid with margins at 27.3% and operating margin at 50.9%. PEG of 1.47 suggests the stock is reasonably priced for its growth.

Bear Case : GNL

The primary concerns for GNL are Debt/Equity, Piotroski F-Score, Return on Equity. Debt-to-equity of 1.74 is elevated, increasing financial risk.

Bear Case : WPC

The primary concerns for WPC are P/E Ratio, Return on Equity, Free Cash Flow.

Key Dynamics to Monitor

GNL profiles as a turnaround stock while WPC is a mature play — different risk/reward profiles.

GNL carries more volatility with a beta of 1.10 — expect wider price swings.

WPC is growing revenue faster at 8.8% — sustainability is the question.

GNL generates stronger free cash flow (32M), providing more financial flexibility.

Bottom Line

WPC scores higher overall (72/100 vs 48/100), backed by strong 27.3% margins. Both earn "Strong 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.

Global Net Lease, Inc.

REAL ESTATE · REIT - DIVERSIFIED · USA

Global Net Lease, Inc. (GNL) is a leading real estate investment trust (REIT) focused on the acquisition and management of a diversified portfolio of commercial properties, primarily leased to high-quality corporate tenants through long-term net lease agreements. The company strategically emphasizes diverse sectors and geographic locations to deliver consistent and competitive risk-adjusted returns to its shareholders. With a seasoned management team adept at capitalizing on net lease market opportunities, GNL is well-positioned to reinforce its standing as a key player in the commercial real estate sector while enhancing portfolio value and income potential.

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W P Carey Inc

REAL ESTATE · REIT - DIVERSIFIED · USA

WP Carey is among the largest net-lease REITs with an enterprise value of approximately $ 18 billion and a diversified portfolio of operationally critical commercial real estate that includes 1,215 net-lease properties covering approximately 142 million square feet as of March 30. September 2020.

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