WallStSmart

Granite Real Estate Investment Trust (GRTUF)vsPublic Storage (PSA)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Public Storage generates 682% more annual revenue ($4.83B vs $617.89M). GRTUF leads profitability with a 55.4% profit margin vs 36.9%. GRTUF trades at a lower P/E of 15.2x. GRTUF earns a higher WallStSmart Score of 67/100 (B-).

GRTUF

Strong Buy

67

out of 100

Grade: B-

Growth: 8.0Profit: 7.0Value: 8.3Quality: 5.0

PSA

Buy

50

out of 100

Grade: C-

Growth: 3.3Profit: 8.5Value: 4.7Quality: 4.3
Piotroski: 4/9Altman Z: 1.13
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

GRTUFUndervalued (+66.5%)

Margin of Safety

+66.5%

Fair Value

$192.35

Current Price

$59.87

$132.48 discount

UndervaluedFair: $192.35Overvalued
PSASignificantly Overvalued (-380.1%)

Margin of Safety

-380.1%

Fair Value

$61.20

Current Price

$267.63

$206.43 premium

UndervaluedFair: $61.20Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

GRTUF5 strengths · Avg: 9.6/10
Price/BookValuation
0.9x10/10

Reasonable price relative to book value

Profit MarginProfitability
55.4%10/10

Keeps 55 of every $100 in revenue as profit

Operating MarginProfitability
74.0%10/10

Strong operational efficiency at 74.0%

EPS GrowthGrowth
67.4%10/10

Earnings expanding 67.4% YoY

P/E RatioValuation
15.2x8/10

Attractively priced relative to earnings

PSA2 strengths · Avg: 10.0/10
Profit MarginProfitability
36.9%10/10

Keeps 37 of every $100 in revenue as profit

Operating MarginProfitability
46.2%10/10

Strong operational efficiency at 46.2%

Areas to Watch

GRTUF1 concerns · Avg: 3.0/10
Return on EquityProfitability
6.1%3/10

ROE of 6.1% — below average capital efficiency

PSA4 concerns · Avg: 3.5/10
P/E RatioValuation
29.8x4/10

Moderate valuation

Price/BookValuation
9.6x4/10

Trading at 9.6x book value

Revenue GrowthGrowth
3.3%4/10

3.3% revenue growth

PEG RatioValuation
9.872/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : GRTUF

The strongest argument for GRTUF centers on Price/Book, Profit Margin, Operating Margin. Profitability is solid with margins at 55.4% and operating margin at 74.0%.

Bull Case : PSA

The strongest argument for PSA centers on Profit Margin, Operating Margin. Profitability is solid with margins at 36.9% and operating margin at 46.2%.

Bear Case : GRTUF

The primary concerns for GRTUF are Return on Equity.

Bear Case : PSA

The primary concerns for PSA are P/E Ratio, Price/Book, Revenue Growth.

Key Dynamics to Monitor

GRTUF profiles as a mature stock while PSA is a value play — different risk/reward profiles.

GRTUF is growing revenue faster at 9.3% — sustainability is the question.

PSA generates stronger free cash flow (634M), providing more financial flexibility.

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

Bottom Line

GRTUF scores higher overall (67/100 vs 50/100), backed by strong 55.4% margins. 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.

Granite Real Estate Investment Trust

REAL ESTATE · REIT - INDUSTRIAL · USA

Granite is a Canadian-based real estate investment trust (REIT) focused on acquiring, the development, ownership and management of buildings, mainly logistics facilities, warehouses and industrial buildings in North America and Europe.

Public Storage

REAL ESTATE · REIT - INDUSTRIAL · USA

Public Storage is an American international self storage company headquartered in Glendale, California, that is run as a real estate investment trust (REIT).

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