WallStSmart

Netstreit Corp (NTST)vsRealty Income Corporation (O)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Realty Income Corporation generates 2855% more annual revenue ($5.76B vs $195.01M). O leads profitability with a 18.4% profit margin vs 3.5%. O trades at a lower P/E of 51.7x. O earns a higher WallStSmart Score of 64/100 (C+).

NTST

Buy

54

out of 100

Grade: C-

Growth: 9.3Profit: 7.0Value: 3.0Quality: 7.0
Piotroski: 5/9Altman Z: 0.81

O

Buy

64

out of 100

Grade: C+

Growth: 8.0Profit: 6.5Value: 2.0Quality: 4.3
Piotroski: 3/9Altman Z: 0.77
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

NTSTSignificantly Overvalued (-415.0%)

Margin of Safety

-415.0%

Fair Value

$3.74

Current Price

$18.67

$14.93 premium

UndervaluedFair: $3.74Overvalued
OSignificantly Overvalued (-17.8%)

Margin of Safety

-17.8%

Fair Value

$54.76

Current Price

$60.06

$5.30 premium

UndervaluedFair: $54.76Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

NTST5 strengths · Avg: 9.2/10
Price/BookValuation
1.2x10/10

Reasonable price relative to book value

Return on EquityProfitability
50.0%10/10

Every $100 of equity generates 50 in profit

Operating MarginProfitability
35.1%10/10

Strong operational efficiency at 35.1%

Revenue GrowthGrowth
19.6%8/10

19.6% revenue growth

EPS GrowthGrowth
46.7%8/10

Earnings expanding 46.7% YoY

O5 strengths · Avg: 9.0/10
Price/BookValuation
1.4x10/10

Reasonable price relative to book value

Operating MarginProfitability
47.0%10/10

Strong operational efficiency at 47.0%

Market CapQuality
$56.58B9/10

Large-cap with strong market position

EPS GrowthGrowth
41.2%8/10

Earnings expanding 41.2% YoY

Free Cash FlowQuality
$1.15B8/10

Generating 1.2B in free cash flow

Areas to Watch

NTST3 concerns · Avg: 2.3/10
Profit MarginProfitability
3.5%3/10

3.5% margin — thin

P/E RatioValuation
233.4x2/10

Premium valuation, high expectations priced in

Altman Z-ScoreHealth
0.812/10

Distress zone — elevated risk

O4 concerns · Avg: 2.5/10
Return on EquityProfitability
2.7%3/10

ROE of 2.7% — below average capital efficiency

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
5.752/10

Expensive relative to growth rate

P/E RatioValuation
51.7x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : NTST

The strongest argument for NTST centers on Price/Book, Return on Equity, Operating Margin. Revenue growth of 19.6% demonstrates continued momentum.

Bull Case : O

The strongest argument for O centers on Price/Book, Operating Margin, Market Cap. Profitability is solid with margins at 18.4% and operating margin at 47.0%. Revenue growth of 11.0% demonstrates continued momentum.

Bear Case : NTST

The primary concerns for NTST are Profit Margin, P/E Ratio, Altman Z-Score. A P/E of 233.4x leaves little room for execution misses. Thin 3.5% margins leave little buffer for downturns.

Bear Case : O

The primary concerns for O are Return on Equity, Piotroski F-Score, PEG Ratio. A P/E of 51.7x leaves little room for execution misses.

Key Dynamics to Monitor

NTST profiles as a growth stock while O is a mature play — different risk/reward profiles.

NTST carries more volatility with a beta of 0.85 — expect wider price swings.

NTST is growing revenue faster at 19.6% — sustainability is the question.

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

Bottom Line

O scores higher overall (64/100 vs 54/100), backed by strong 18.4% margins and 11.0% 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.

Netstreit Corp

REAL ESTATE · REIT - RETAIL · USA

NETSTREIT is an internally managed Real Estate Investment Trust (REIT) based in Dallas, Texas that specializes in acquiring single tenant net lease retail properties nationwide.

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Realty Income Corporation

REAL ESTATE · REIT - RETAIL · USA

Realty Income Corporation is a real estate investment trust that invests in free-standing, single-tenant commercial properties in the United States, Puerto Rico, and the United Kingdom that are subject to NNN Leases. The company is organized in Maryland with its headquarters in San Diego, California.

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