Net Lease Office Properties (NLOP)vsVornado Realty Trust (VNO)
NLOP
Net Lease Office Properties
$11.98
+1.01%
REAL ESTATE · Cap: $176.73M
VNO
Vornado Realty Trust
$35.21
+0.83%
REAL ESTATE · Cap: $7.84B
Smart Verdict
WallStSmart Research — data-driven comparison
Vornado Realty Trust generates 2043% more annual revenue ($1.85B vs $86.50M). VNO leads profitability with a 42.9% profit margin vs -139.6%. VNO earns a higher WallStSmart Score of 59/100 (C).
NLOP
Hold44
out of 100
Grade: D
VNO
Buy59
out of 100
Grade: C
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Intrinsic value data unavailable for NLOP.
Margin of Safety
+33.5%
Fair Value
$45.49
Current Price
$35.21
$10.28 discount
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Reasonable price relative to book value
Earnings expanding 4981.0% YoY
Strong operational efficiency at 25.5%
Attractively priced relative to earnings
Reasonable price relative to book value
Keeps 43 of every $100 in revenue as profit
Earnings expanding 1263.0% YoY
Areas to Watch
Smaller company, higher risk/reward
ROE of -71.0% — below average capital efficiency
Revenue declined 70.9%
Distress zone — elevated risk
Elevated debt levels
Expensive relative to growth rate
Revenue declined 2.2%
Distress zone — elevated risk
Comparative Analysis Report
WallStSmart ResearchBull Case : NLOP
The strongest argument for NLOP centers on Price/Book, EPS Growth, Operating Margin.
Bull Case : VNO
The strongest argument for VNO centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 42.9% and operating margin at 13.7%.
Bear Case : NLOP
The primary concerns for NLOP are Market Cap, Return on Equity, Revenue Growth.
Bear Case : VNO
The primary concerns for VNO are Debt/Equity, PEG Ratio, Revenue Growth.
Key Dynamics to Monitor
NLOP profiles as a turnaround stock while VNO is a declining play — different risk/reward profiles.
VNO carries more volatility with a beta of 1.56 — expect wider price swings.
VNO is growing revenue faster at -2.2% — sustainability is the question.
VNO generates stronger free cash flow (48M), providing more financial flexibility.
Bottom Line
VNO scores higher overall (59/100 vs 44/100), backed by strong 42.9% 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.
Net Lease Office Properties
REAL ESTATE · REIT - OFFICE · USA
Net Lease Office Properties (NLOP) is a distinguished real estate investment trust (REIT) focused on acquiring and managing high-quality net leased office properties across the United States. The company boasts a strategic portfolio characterized by long-term leases with financially stable tenants, ensuring consistent cash flows and minimizing investment risk. By targeting key metropolitan markets with robust demand dynamics, NLOP is strategically positioned for sustained growth and value creation. With its disciplined capital management approach and proactive acquisition strategy, NLOP presents a compelling investment opportunity for institutional investors looking to enhance their exposure to the commercial real estate sector.
Vornado Realty Trust
REAL ESTATE · REIT - OFFICE · USA
Vornado Realty Trust is a real estate investment trust formed in Maryland, with its primary office in New York City. The company invests in office buildings and street retail in Manhattan.
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