WallStSmart

Realty Income Corporation (O)vsWheeler Real Estate Investment Trust Inc (WHLR)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Realty Income Corporation generates 5559% more annual revenue ($5.76B vs $101.84M). WHLR leads profitability with a 46.3% profit margin vs 18.4%. WHLR trades at a lower P/E of 0.1x. O earns a higher WallStSmart Score of 64/100 (C+).

O

Buy

64

out of 100

Grade: C+

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

WHLR

Buy

51

out of 100

Grade: C-

Growth: 4.0Profit: 9.0Value: 8.3Quality: 5.0
Piotroski: 4/9Altman Z: -0.13
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

OSignificantly Overvalued (-17.8%)

Margin of Safety

-17.8%

Fair Value

$54.76

Current Price

$60.06

$5.30 premium

UndervaluedFair: $54.76Overvalued
WHLRUndervalued (+99.0%)

Margin of Safety

+99.0%

Fair Value

$208.62

Current Price

$1.14

$207.48 discount

UndervaluedFair: $208.62Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

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

WHLR4 strengths · Avg: 10.0/10
P/E RatioValuation
0.1x10/10

Attractively priced relative to earnings

Return on EquityProfitability
57.8%10/10

Every $100 of equity generates 58 in profit

Profit MarginProfitability
46.3%10/10

Keeps 46 of every $100 in revenue as profit

Operating MarginProfitability
33.5%10/10

Strong operational efficiency at 33.5%

Areas to Watch

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

WHLR4 concerns · Avg: 2.8/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Market CapQuality
$2.68M3/10

Smaller company, higher risk/reward

Revenue GrowthGrowth
-3.9%2/10

Revenue declined 3.9%

Free Cash FlowQuality
$-2.19M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

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.

Bull Case : WHLR

The strongest argument for WHLR centers on P/E Ratio, Return on Equity, Profit Margin. Profitability is solid with margins at 46.3% and operating margin at 33.5%.

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.

Bear Case : WHLR

The primary concerns for WHLR are EPS Growth, Market Cap, Revenue Growth. Debt-to-equity of 8.01 is elevated, increasing financial risk.

Key Dynamics to Monitor

O profiles as a mature stock while WHLR is a declining play — different risk/reward profiles.

WHLR carries more volatility with a beta of 1.28 — expect wider price swings.

O is growing revenue faster at 11.0% — 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 51/100), backed by strong 18.4% margins and 11.0% revenue growth. WHLR offers better value entry with a 99.0% 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.

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.

Wheeler Real Estate Investment Trust Inc

REAL ESTATE · REIT - RETAIL · USA

Wheeler Real Estate Investment Trust Inc. (WHLR) is a publicly traded real estate investment trust (REIT) that specializes in the acquisition, management, and enhancement of a diversified portfolio of retail and mixed-use properties throughout the United States. By employing a value-oriented acquisition strategy focused on well-located assets with strong cash flow potential, WHLR aims to generate robust income and maximize capital appreciation. The company's emphasis on strategic asset management and tenant satisfaction ensures resilience in a dynamic market, fostering sustainable growth and delivering value to shareholders in the evolving retail real estate landscape.

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