WallStSmart

Lead Real Estate Co., Ltd American Depositary Shares (LRE)vsCorporación Inmobiliaria Vesta, S.A.B de C.V. (VTMX)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Lead Real Estate Co., Ltd American Depositary Shares generates 6553% more annual revenue ($18.84B vs $283.24M). VTMX leads profitability with a 85.4% profit margin vs 4.5%. LRE trades at a lower P/E of 3.5x. LRE earns a higher WallStSmart Score of 60/100 (C).

LRE

Buy

60

out of 100

Grade: C

Growth: 6.0Profit: 6.5Value: 8.3Quality: 5.0

VTMX

Buy

51

out of 100

Grade: C-

Growth: 6.0Profit: 8.0Value: 5.7Quality: 7.5
Piotroski: 3/9Altman Z: 1.84
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

LREUndervalued (+93.0%)

Margin of Safety

+93.0%

Fair Value

$18.25

Current Price

$1.42

$16.84 discount

UndervaluedFair: $18.25Overvalued
VTMXSignificantly Overvalued (-72.5%)

Margin of Safety

-72.5%

Fair Value

$19.11

Current Price

$33.33

$14.22 premium

UndervaluedFair: $19.11Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

LRE3 strengths · Avg: 10.0/10
P/E RatioValuation
3.5x10/10

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

VTMX4 strengths · Avg: 9.5/10
P/E RatioValuation
11.6x10/10

Attractively priced relative to earnings

Profit MarginProfitability
85.4%10/10

Keeps 85 of every $100 in revenue as profit

Operating MarginProfitability
74.4%10/10

Strong operational efficiency at 74.4%

Revenue GrowthGrowth
17.6%8/10

17.6% revenue growth

Areas to Watch

LRE2 concerns · Avg: 3.0/10
Market CapQuality
$18.52M3/10

Smaller company, higher risk/reward

Profit MarginProfitability
4.5%3/10

4.5% margin — thin

VTMX4 concerns · Avg: 3.3/10
Price/BookValuation
9.8x4/10

Trading at 9.8x book value

Altman Z-ScoreHealth
1.844/10

Grey zone — moderate risk

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

EPS GrowthGrowth
-74.8%2/10

Earnings declined 74.8%

Comparative Analysis Report

WallStSmart Research

Bull Case : LRE

The strongest argument for LRE centers on P/E Ratio, Price/Book, EPS Growth. Revenue growth of 12.2% demonstrates continued momentum.

Bull Case : VTMX

The strongest argument for VTMX centers on P/E Ratio, Profit Margin, Operating Margin. Profitability is solid with margins at 85.4% and operating margin at 74.4%. Revenue growth of 17.6% demonstrates continued momentum.

Bear Case : LRE

The primary concerns for LRE are Market Cap, Profit Margin. Thin 4.5% margins leave little buffer for downturns.

Bear Case : VTMX

The primary concerns for VTMX are Price/Book, Altman Z-Score, Piotroski F-Score.

Key Dynamics to Monitor

LRE profiles as a value stock while VTMX is a growth play — different risk/reward profiles.

LRE carries more volatility with a beta of 1.83 — expect wider price swings.

VTMX is growing revenue faster at 17.6% — sustainability is the question.

VTMX generates stronger free cash flow (43M), providing more financial flexibility.

Bottom Line

LRE scores higher overall (60/100 vs 51/100) and 12.2% revenue growth. Both earn "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) is a leading entity in the real estate sector, dedicated to the comprehensive development, management, and investment in residential and commercial properties. The company is strategically expanding its footprint in regional markets while delivering sustainable value to shareholders through a diversified portfolio. With a strong focus on operational efficiency and the identification of promising investment opportunities, LRE is well-positioned to harness the growing demand for real estate, making it an appealing investment for institutional stakeholders looking for growth in a flourishing sector.

Corporación Inmobiliaria Vesta, S.A.B de C.V.

REAL ESTATE · REAL ESTATE - DEVELOPMENT · USA

Corporacin Inmobiliaria Vesta, S.A.B. de C.V., acquires, develops, manages, operates, and leases industrial buildings and distribution centers in Mexico. The company is headquartered in Mexico City, Mexico.

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