WallStSmart

Marcus & Millichap Inc (MMI)vsWelltower Inc (WELL)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Welltower Inc generates 1458% more annual revenue ($11.77B vs $755.16M). WELL leads profitability with a 12.0% profit margin vs -0.3%. MMI appears more attractively valued with a PEG of 1.82. WELL earns a higher WallStSmart Score of 57/100 (C).

MMI

Buy

51

out of 100

Grade: C-

Growth: 5.3Profit: 3.0Value: 6.3Quality: 5.0

WELL

Buy

57

out of 100

Grade: C

Growth: 10.0Profit: 5.5Value: 2.0Quality: 6.5
Piotroski: 4/9Altman Z: 1.20
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

MMIUndervalued (+46.8%)

Margin of Safety

+46.8%

Fair Value

$49.10

Current Price

$30.42

$18.68 discount

UndervaluedFair: $49.10Overvalued
WELLSignificantly Overvalued (-56.8%)

Margin of Safety

-56.8%

Fair Value

$132.59

Current Price

$214.63

$82.04 premium

UndervaluedFair: $132.59Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

MMI2 strengths · Avg: 9.0/10
EPS GrowthGrowth
56.9%10/10

Earnings expanding 56.9% YoY

Price/BookValuation
1.9x8/10

Reasonable price relative to book value

WELL3 strengths · Avg: 9.7/10
Revenue GrowthGrowth
38.3%10/10

Revenue surging 38.3% year-over-year

EPS GrowthGrowth
157.9%10/10

Earnings expanding 157.9% YoY

Market CapQuality
$150.32B9/10

Large-cap with strong market position

Areas to Watch

MMI4 concerns · Avg: 3.3/10
PEG RatioValuation
1.824/10

Expensive relative to growth rate

Revenue GrowthGrowth
1.6%4/10

1.6% revenue growth

Market CapQuality
$1.12B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
-0.3%2/10

ROE of -0.3% — below average capital efficiency

WELL4 concerns · Avg: 2.3/10
Return on EquityProfitability
3.7%3/10

ROE of 3.7% — below average capital efficiency

PEG RatioValuation
3.662/10

Expensive relative to growth rate

P/E RatioValuation
102.4x2/10

Premium valuation, high expectations priced in

Altman Z-ScoreHealth
1.202/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : MMI

The strongest argument for MMI centers on EPS Growth, Price/Book.

Bull Case : WELL

The strongest argument for WELL centers on Revenue Growth, EPS Growth, Market Cap. Revenue growth of 38.3% demonstrates continued momentum.

Bear Case : MMI

The primary concerns for MMI are PEG Ratio, Revenue Growth, Market Cap.

Bear Case : WELL

The primary concerns for WELL are Return on Equity, PEG Ratio, P/E Ratio. A P/E of 102.4x leaves little room for execution misses.

Key Dynamics to Monitor

MMI profiles as a turnaround stock while WELL is a growth play — different risk/reward profiles.

MMI carries more volatility with a beta of 1.26 — expect wider price swings.

WELL is growing revenue faster at 38.3% — sustainability is the question.

WELL generates stronger free cash flow (282M), providing more financial flexibility.

Bottom Line

WELL scores higher overall (57/100 vs 51/100) and 38.3% revenue growth. MMI offers better value entry with a 46.8% margin of safety. 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.

Marcus & Millichap Inc

REAL ESTATE · REAL ESTATE SERVICES · USA

Marcus & Millichap, Inc., an investment brokerage firm, provides real estate investment brokerage and financing services to sellers and buyers of commercial real estate in the United States and Canada. The company is headquartered in Calabasas, California.

Welltower Inc

REAL ESTATE · REIT - HEALTHCARE FACILITIES · USA

Welltower Inc. is a real estate investment trust that invests in healthcare infrastructure.

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