WallStSmart

Kimco Realty Corporation (KIM)vsSBA Communications Corp (SBAC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

SBA Communications Corp generates 32% more annual revenue ($2.85B vs $2.16B). SBAC leads profitability with a 35.7% profit margin vs 28.5%. KIM appears more attractively valued with a PEG of 3.37. KIM earns a higher WallStSmart Score of 64/100 (C+).

KIM

Buy

64

out of 100

Grade: C+

Growth: 6.0Profit: 7.0Value: 5.3Quality: 5.5
Piotroski: 4/9

SBAC

Hold

46

out of 100

Grade: D+

Growth: 4.0Profit: 8.0Value: 4.7Quality: 3.8
Piotroski: 4/9Altman Z: -0.14
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

KIMUndervalued (+21.1%)

Margin of Safety

+21.1%

Fair Value

$27.89

Current Price

$23.48

$4.41 discount

UndervaluedFair: $27.89Overvalued
SBACUndervalued (+13.3%)

Margin of Safety

+13.3%

Fair Value

$220.22

Current Price

$218.17

$2.05 discount

UndervaluedFair: $220.22Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

KIM4 strengths · Avg: 8.8/10
Operating MarginProfitability
34.4%10/10

Strong operational efficiency at 34.4%

Profit MarginProfitability
28.5%9/10

Keeps 29 of every $100 in revenue as profit

Price/BookValuation
1.5x8/10

Reasonable price relative to book value

EPS GrowthGrowth
29.4%8/10

Earnings expanding 29.4% YoY

SBAC2 strengths · Avg: 10.0/10
Profit MarginProfitability
35.7%10/10

Keeps 36 of every $100 in revenue as profit

Operating MarginProfitability
52.4%10/10

Strong operational efficiency at 52.4%

Areas to Watch

KIM4 concerns · Avg: 3.3/10
P/E RatioValuation
27.1x4/10

Moderate valuation

Revenue GrowthGrowth
4.0%4/10

4.0% revenue growth

Return on EquityProfitability
5.9%3/10

ROE of 5.9% — below average capital efficiency

PEG RatioValuation
3.372/10

Expensive relative to growth rate

SBAC4 concerns · Avg: 2.3/10
Return on EquityProfitability
0.0%3/10

ROE of 0.0% — below average capital efficiency

PEG RatioValuation
9.072/10

Expensive relative to growth rate

EPS GrowthGrowth
-14.7%2/10

Earnings declined 14.7%

Altman Z-ScoreHealth
-0.142/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : KIM

The strongest argument for KIM centers on Operating Margin, Profit Margin, Price/Book. Profitability is solid with margins at 28.5% and operating margin at 34.4%.

Bull Case : SBAC

The strongest argument for SBAC centers on Profit Margin, Operating Margin. Profitability is solid with margins at 35.7% and operating margin at 52.4%.

Bear Case : KIM

The primary concerns for KIM are P/E Ratio, Revenue Growth, Return on Equity.

Bear Case : SBAC

The primary concerns for SBAC are Return on Equity, PEG Ratio, EPS Growth.

Key Dynamics to Monitor

KIM profiles as a value stock while SBAC is a mature play — different risk/reward profiles.

SBAC carries more volatility with a beta of 1.02 — expect wider price swings.

SBAC is growing revenue faster at 5.9% — sustainability is the question.

SBAC generates stronger free cash flow (207M), providing more financial flexibility.

Bottom Line

KIM scores higher overall (64/100 vs 46/100), backed by strong 28.5% margins. 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.

Kimco Realty Corporation

REAL ESTATE · REIT - RETAIL · USA

Kimco Realty Corporation is a real estate investment trust (REIT) that invests in shopping centers.

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SBA Communications Corp

REAL ESTATE · REIT - SPECIALTY · USA

SBA Communications Corporation is a real estate investment trust which owns and operates wireless infrastructure in the United States, Canada, Central America, South America, and South Africa.

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