WallStSmart

Public Storage (PSA)vsTPG RE Finance Trust Inc (TRTX)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Public Storage generates 3476% more annual revenue ($4.87B vs $136.23M). TRTX leads profitability with a 48.1% profit margin vs 39.1%. TRTX trades at a lower P/E of 13.3x. TRTX earns a higher WallStSmart Score of 68/100 (B-).

PSA

Buy

62

out of 100

Grade: C+

Growth: 6.0Profit: 8.5Value: 3.3Quality: 3.5
Piotroski: 3/9Altman Z: 1.00

TRTX

Strong Buy

68

out of 100

Grade: B-

Growth: 6.7Profit: 7.0Value: 6.0Quality: 4.5
Piotroski: 2/9Altman Z: 0.09
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

PSAFair Value (-2.6%)

Margin of Safety

-2.6%

Fair Value

$286.49

Current Price

$309.68

$23.19 premium

UndervaluedFair: $286.49Overvalued

Intrinsic value data unavailable for TRTX.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

PSA5 strengths · Avg: 9.2/10
Profit MarginProfitability
39.1%10/10

Keeps 39 of every $100 in revenue as profit

Operating MarginProfitability
46.0%10/10

Strong operational efficiency at 46.0%

Market CapQuality
$52.51B9/10

Large-cap with strong market position

Return on EquityProfitability
20.6%9/10

Every $100 of equity generates 21 in profit

EPS GrowthGrowth
32.8%8/10

Earnings expanding 32.8% YoY

TRTX5 strengths · Avg: 9.6/10
Price/BookValuation
0.6x10/10

Reasonable price relative to book value

Profit MarginProfitability
48.1%10/10

Keeps 48 of every $100 in revenue as profit

Operating MarginProfitability
50.7%10/10

Strong operational efficiency at 50.7%

EPS GrowthGrowth
58.3%10/10

Earnings expanding 58.3% YoY

P/E RatioValuation
13.3x8/10

Attractively priced relative to earnings

Areas to Watch

PSA4 concerns · Avg: 3.8/10
P/E RatioValuation
30.9x4/10

Premium valuation, high expectations priced in

Price/BookValuation
11.1x4/10

Trading at 11.1x book value

Revenue GrowthGrowth
3.2%4/10

3.2% revenue growth

Debt/EquityHealth
1.053/10

Elevated debt levels

TRTX4 concerns · Avg: 2.8/10
Market CapQuality
$657.12M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
6.2%3/10

ROE of 6.2% — below average capital efficiency

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Altman Z-ScoreHealth
0.092/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : PSA

The strongest argument for PSA centers on Profit Margin, Operating Margin, Market Cap. Profitability is solid with margins at 39.1% and operating margin at 46.0%.

Bull Case : TRTX

The strongest argument for TRTX centers on Price/Book, Profit Margin, Operating Margin. Profitability is solid with margins at 48.1% and operating margin at 50.7%. Revenue growth of 11.9% demonstrates continued momentum.

Bear Case : PSA

The primary concerns for PSA are P/E Ratio, Price/Book, Revenue Growth.

Bear Case : TRTX

The primary concerns for TRTX are Market Cap, Return on Equity, Piotroski F-Score. Debt-to-equity of 3.17 is elevated, increasing financial risk.

Key Dynamics to Monitor

PSA profiles as a value stock while TRTX is a mature play — different risk/reward profiles.

TRTX carries more volatility with a beta of 1.47 — expect wider price swings.

TRTX is growing revenue faster at 11.9% — sustainability is the question.

PSA generates stronger free cash flow (625M), providing more financial flexibility.

Bottom Line

TRTX scores higher overall (68/100 vs 62/100), backed by strong 48.1% margins and 11.9% revenue growth. 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.

Public Storage

REAL ESTATE · REIT - INDUSTRIAL · USA

Public Storage is an American international self storage company headquartered in Glendale, California, that is run as a real estate investment trust (REIT).

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TPG RE Finance Trust Inc

REAL ESTATE · REIT - MORTGAGE · USA

TPG RE Finance Trust, Inc., a commercial real estate finance company, originates, acquires and manages commercial mortgage loans and other commercial real estate-related debt instruments in North America. The company is headquartered in New York, New York.

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