WallStSmart

Lead Real Estate Co., Ltd American Depositary Shares (LRE)vsPrologis Inc (PLD)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Lead Real Estate Co., Ltd American Depositary Shares generates 84% more annual revenue ($17.80B vs $9.66B). PLD leads profitability with a 43.6% profit margin vs 5.6%. LRE trades at a lower P/E of 2.8x. PLD earns a higher WallStSmart Score of 65/100 (B-).

LRE

Buy

52

out of 100

Grade: C-

Growth: 5.3Profit: 5.0Value: 6.7Quality: 3.0
Piotroski: 3/9Altman Z: 1.28

PLD

Strong Buy

65

out of 100

Grade: B-

Growth: 8.0Profit: 7.0Value: 5.3Quality: 4.0
Piotroski: 2/9Altman Z: 1.01
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for LRE.

PLDUndervalued (+46.3%)

Margin of Safety

+46.3%

Fair Value

$252.77

Current Price

$135.77

$117.00 discount

UndervaluedFair: $252.77Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

LRE3 strengths · Avg: 10.0/10
P/E RatioValuation
2.8x10/10

Attractively priced relative to earnings

Price/BookValuation
0.6x10/10

Reasonable price relative to book value

EPS GrowthGrowth
150.0%10/10

Earnings expanding 150.0% YoY

PLD6 strengths · Avg: 9.2/10
Profit MarginProfitability
43.6%10/10

Keeps 44 of every $100 in revenue as profit

Operating MarginProfitability
43.0%10/10

Strong operational efficiency at 43.0%

EPS GrowthGrowth
85.3%10/10

Earnings expanding 85.3% YoY

Market CapQuality
$131.96B9/10

Large-cap with strong market position

Price/BookValuation
2.4x8/10

Reasonable price relative to book value

Free Cash FlowQuality
$1.20B8/10

Generating 1.2B in free cash flow

Areas to Watch

LRE4 concerns · Avg: 2.8/10
Market CapQuality
$17.73M3/10

Smaller company, higher risk/reward

Profit MarginProfitability
5.6%3/10

5.6% margin — thin

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Revenue GrowthGrowth
-20.7%2/10

Revenue declined 20.7%

PLD4 concerns · Avg: 3.0/10
P/E RatioValuation
30.2x4/10

Premium valuation, high expectations priced in

Return on EquityProfitability
7.8%3/10

ROE of 7.8% — below average capital efficiency

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

PEG RatioValuation
117.012/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : LRE

The strongest argument for LRE centers on P/E Ratio, Price/Book, EPS Growth.

Bull Case : PLD

The strongest argument for PLD centers on Profit Margin, Operating Margin, EPS Growth. Profitability is solid with margins at 43.6% and operating margin at 43.0%. Revenue growth of 12.3% demonstrates continued momentum.

Bear Case : LRE

The primary concerns for LRE are Market Cap, Profit Margin, Piotroski F-Score. Debt-to-equity of 4.03 is elevated, increasing financial risk.

Bear Case : PLD

The primary concerns for PLD are P/E Ratio, Return on Equity, Piotroski F-Score.

Key Dynamics to Monitor

LRE profiles as a value stock while PLD is a mature play — different risk/reward profiles.

LRE carries more volatility with a beta of 1.41 — expect wider price swings.

PLD is growing revenue faster at 12.3% — sustainability is the question.

PLD generates stronger free cash flow (1.2B), providing more financial flexibility.

Bottom Line

PLD scores higher overall (65/100 vs 52/100), backed by strong 43.6% margins and 12.3% revenue growth. 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.

Lead Real Estate Co., Ltd American Depositary Shares

REAL ESTATE · REAL ESTATE - DEVELOPMENT · USA

Lead Real Estate Co., Ltd. (LRE) operates as a leading entity in the real estate industry, focusing on the strategic development, management, and investment of diversified residential and commercial properties. The company emphasizes sustainable practices and aims for expansion in high-demand markets, positioning itself to leverage emerging opportunities for long-term growth. LRE's operational expertise and proactive investment strategies enhance its appeal to institutional investors looking for stable and promising exposures within the evolving real estate landscape.

Prologis Inc

REAL ESTATE · REIT - INDUSTRIAL · USA

Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities, with a focus on the consumption side of the global supply chain.

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