WallStSmart

Rexford Industrial Realty Inc (REXR)vsWheeler Real Estate Investment Trust Inc Pref (WHLRP)

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Smart Verdict

WallStSmart Research — data-driven comparison

Rexford Industrial Realty Inc generates 939% more annual revenue ($991.92M vs $95.44M). WHLRP leads profitability with a 17.8% profit margin vs -39.2%. WHLRP earns a higher WallStSmart Score of 52/100 (C-).

REXR

Hold

49

out of 100

Grade: D+

Growth: 6.0Profit: 5.0Value: 6.3Quality: 6.0
Piotroski: 4/9Altman Z: 1.54

WHLRP

Buy

52

out of 100

Grade: C-

Growth: 4.0Profit: 7.5Value: 5.0Quality: 5.5
Piotroski: 6/9Altman Z: -0.20
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

REXRUndervalued (+70.5%)

Margin of Safety

+70.5%

Fair Value

$127.19

Current Price

$37.13

$90.06 discount

UndervaluedFair: $127.19Overvalued

Intrinsic value data unavailable for WHLRP.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

REXR3 strengths · Avg: 9.3/10
Price/BookValuation
1.1x10/10

Reasonable price relative to book value

Operating MarginProfitability
41.6%10/10

Strong operational efficiency at 41.6%

EPS GrowthGrowth
28.0%8/10

Earnings expanding 28.0% YoY

WHLRP1 strengths · Avg: 10.0/10
Operating MarginProfitability
32.1%10/10

Strong operational efficiency at 32.1%

Areas to Watch

REXR4 concerns · Avg: 3.3/10
PEG RatioValuation
1.884/10

Expensive relative to growth rate

Altman Z-ScoreHealth
1.544/10

Distress zone — elevated risk

Return on EquityProfitability
2.8%3/10

ROE of 2.8% — below average capital efficiency

Revenue GrowthGrowth
-1.6%2/10

Revenue declined 1.6%

WHLRP4 concerns · Avg: 2.8/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Market CapQuality
$7.18M3/10

Smaller company, higher risk/reward

Revenue GrowthGrowth
-13.9%2/10

Revenue declined 13.9%

Altman Z-ScoreHealth
-0.202/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : REXR

The strongest argument for REXR centers on Price/Book, Operating Margin, EPS Growth.

Bull Case : WHLRP

The strongest argument for WHLRP centers on Operating Margin. Profitability is solid with margins at 17.8% and operating margin at 32.1%.

Bear Case : REXR

The primary concerns for REXR are PEG Ratio, Altman Z-Score, Return on Equity.

Bear Case : WHLRP

The primary concerns for WHLRP are EPS Growth, Market Cap, Revenue Growth. Debt-to-equity of 6.12 is elevated, increasing financial risk.

Key Dynamics to Monitor

REXR profiles as a turnaround stock while WHLRP is a declining play — different risk/reward profiles.

REXR carries more volatility with a beta of 1.20 — expect wider price swings.

REXR is growing revenue faster at -1.6% — sustainability is the question.

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

Bottom Line

WHLRP scores higher overall (52/100 vs 49/100), backed by strong 17.8% margins. REXR offers better value entry with a 70.5% margin of safety. 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.

Rexford Industrial Realty Inc

REAL ESTATE · REIT - INDUSTRIAL · USA

Rexford Industrial, a real estate investment trust that focuses on owning and operating industrial properties in the infill markets of Southern California, owns 232 properties with approximately 27.

Wheeler Real Estate Investment Trust Inc Pref

REAL ESTATE · REIT - RETAIL · USA

Wheeler Real Estate Investment Trust Inc. Preferred (WHLRP) is a publicly traded real estate investment trust (REIT) that specializes in the acquisition and management of high-quality retail and community shopping centers across the United States. The company focuses on delivering strong risk-adjusted returns through strategic tenant partnerships and proactive property management, which enhances resilience and stability in volatile market conditions. With a dedication to sustainable growth and an adaptive approach to evolving retail trends, Wheeler REIT is strategically positioned to leverage new market opportunities, ultimately driving long-term shareholder value in the competitive commercial real estate sector.

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