WallStSmart

Alpine Income Property Trust, Inc. (PINE)vsSBA Communications Corp (SBAC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

SBA Communications Corp generates 4309% more annual revenue ($2.85B vs $64.73M). SBAC leads profitability with a 35.7% profit margin vs 1.1%. PINE earns a higher WallStSmart Score of 56/100 (C).

PINE

Buy

56

out of 100

Grade: C

Growth: 8.7Profit: 5.5Value: 6.0Quality: 5.0

SBAC

Hold

46

out of 100

Grade: D+

Growth: 4.0Profit: 8.0Value: 4.7Quality: 3.8
Piotroski: 4/9Altman Z: -0.14
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

PINEUndervalued (+27.2%)

Margin of Safety

+27.2%

Fair Value

$26.83

Current Price

$19.47

$7.36 discount

UndervaluedFair: $26.83Overvalued
SBACUndervalued (+13.3%)

Margin of Safety

+13.3%

Fair Value

$220.26

Current Price

$218.44

$1.82 discount

UndervaluedFair: $220.26Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

PINE4 strengths · Avg: 9.5/10
Price/BookValuation
1.0x10/10

Reasonable price relative to book value

Operating MarginProfitability
38.2%10/10

Strong operational efficiency at 38.2%

EPS GrowthGrowth
75.7%10/10

Earnings expanding 75.7% YoY

Revenue GrowthGrowth
29.6%8/10

Revenue surging 29.6% year-over-year

SBAC2 strengths · Avg: 10.0/10
Profit MarginProfitability
35.7%10/10

Keeps 36 of every $100 in revenue as profit

Operating MarginProfitability
52.9%10/10

Strong operational efficiency at 52.9%

Areas to Watch

PINE3 concerns · Avg: 3.0/10
Market CapQuality
$345.21M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
0.3%3/10

ROE of 0.3% — below average capital efficiency

Profit MarginProfitability
1.1%3/10

1.1% margin — thin

SBAC4 concerns · Avg: 2.3/10
Return on EquityProfitability
0.0%3/10

ROE of 0.0% — below average capital efficiency

PEG RatioValuation
9.072/10

Expensive relative to growth rate

EPS GrowthGrowth
-14.7%2/10

Earnings declined 14.7%

Altman Z-ScoreHealth
-0.142/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : PINE

The strongest argument for PINE centers on Price/Book, Operating Margin, EPS Growth. Revenue growth of 29.6% demonstrates continued momentum.

Bull Case : SBAC

The strongest argument for SBAC centers on Profit Margin, Operating Margin. Profitability is solid with margins at 35.7% and operating margin at 52.9%.

Bear Case : PINE

The primary concerns for PINE are Market Cap, Return on Equity, Profit Margin. Thin 1.1% margins leave little buffer for downturns.

Bear Case : SBAC

The primary concerns for SBAC are Return on Equity, PEG Ratio, EPS Growth.

Key Dynamics to Monitor

PINE profiles as a growth stock while SBAC is a mature play — different risk/reward profiles.

SBAC carries more volatility with a beta of 0.88 — expect wider price swings.

PINE is growing revenue faster at 29.6% — sustainability is the question.

SBAC generates stronger free cash flow (207M), providing more financial flexibility.

Bottom Line

PINE scores higher overall (56/100 vs 46/100) and 29.6% revenue growth. 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.

Alpine Income Property Trust, Inc.

REAL ESTATE · REIT - RETAIL · USA

Alpine Income Property Trust, Inc. (Ticker: PINE) is a real estate investment trust (REIT) that specializes in acquiring and managing a diversified portfolio of high-quality retail and commercial properties, primarily under long-term net leases with creditworthy tenants across the United States. The company's strategic focus on net-leased assets enables it to deliver reliable rental income and drive long-term shareholder value through disciplined capital allocation and operational efficiencies. With a commitment to stability and yield enhancement, Alpine Income Property Trust presents an attractive investment proposition for institutional investors seeking to diversify their real estate exposure in a competitive environment.

SBA Communications Corp

REAL ESTATE · REIT - SPECIALTY · USA

SBA Communications Corporation is a real estate investment trust which owns and operates wireless infrastructure in the United States, Canada, Central America, South America, and South Africa.

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