WallStSmart

Realty Income Corporation (O)vsPrologis Inc (PLD)

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Smart Verdict

WallStSmart Research — data-driven comparison

Prologis Inc generates 63% more annual revenue ($9.89B vs $6.07B). PLD leads profitability with a 43.1% profit margin vs 20.9%. O appears more attractively valued with a PEG of 2.87. O earns a higher WallStSmart Score of 66/100 (B-).

O

Strong Buy

66

out of 100

Grade: B-

Growth: 8.0Profit: 6.5Value: 3.3Quality: 5.5
Piotroski: 3/9Altman Z: 0.64

PLD

Buy

59

out of 100

Grade: C

Growth: 6.7Profit: 7.0Value: 6.0Quality: 4.0
Piotroski: 2/9Altman Z: 1.01
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

OOvervalued (-5.9%)

Margin of Safety

-5.9%

Fair Value

$60.90

Current Price

$59.04

$1.86 premium

UndervaluedFair: $60.90Overvalued
PLDUndervalued (+49.7%)

Margin of Safety

+49.7%

Fair Value

$255.41

Current Price

$126.96

$128.45 discount

UndervaluedFair: $255.41Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

O6 strengths · Avg: 9.7/10
Price/BookValuation
1.4x10/10

Reasonable price relative to book value

Operating MarginProfitability
47.0%10/10

Strong operational efficiency at 47.0%

EPS GrowthGrowth
69.2%10/10

Earnings expanding 69.2% YoY

Debt/EquityHealth
0.0710/10

Conservative balance sheet, low leverage

Market CapQuality
$53.87B9/10

Large-cap with strong market position

Profit MarginProfitability
20.9%9/10

Keeps 21 of every $100 in revenue as profit

PLD4 strengths · Avg: 9.3/10
Profit MarginProfitability
43.1%10/10

Keeps 43 of every $100 in revenue as profit

Operating MarginProfitability
42.9%10/10

Strong operational efficiency at 42.9%

Market CapQuality
$124.41B9/10

Large-cap with strong market position

Price/BookValuation
2.2x8/10

Reasonable price relative to book value

Areas to Watch

O4 concerns · Avg: 2.5/10
Return on EquityProfitability
3.3%3/10

ROE of 3.3% — below average capital efficiency

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
2.872/10

Expensive relative to growth rate

P/E RatioValuation
41.3x2/10

Premium valuation, high expectations priced in

PLD4 concerns · Avg: 3.0/10
P/E RatioValuation
28.2x4/10

Moderate valuation

Return on EquityProfitability
7.6%3/10

ROE of 7.6% — below average capital efficiency

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

PEG RatioValuation
111.412/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : O

The strongest argument for O centers on Price/Book, Operating Margin, EPS Growth. Profitability is solid with margins at 20.9% and operating margin at 47.0%.

Bull Case : PLD

The strongest argument for PLD centers on Profit Margin, Operating Margin, Market Cap. Profitability is solid with margins at 43.1% and operating margin at 42.9%. Revenue growth of 10.2% demonstrates continued momentum.

Bear Case : O

The primary concerns for O are Return on Equity, Piotroski F-Score, PEG Ratio. A P/E of 41.3x leaves little room for execution misses.

Bear Case : PLD

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

Key Dynamics to Monitor

PLD carries more volatility with a beta of 1.32 — expect wider price swings.

PLD is growing revenue faster at 10.2% — sustainability is the question.

PLD generates stronger free cash flow (661M), providing more financial flexibility.

Monitor REIT - RETAIL industry trends, competitive dynamics, and regulatory changes.

Bottom Line

O scores higher overall (66/100 vs 59/100), backed by strong 20.9% margins. PLD offers better value entry with a 49.7% margin of safety. 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.

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.

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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