WallStSmart

Agree Realty Corporation (ADC)vsAcadia Realty Trust (AKR)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Agree Realty Corporation generates 78% more annual revenue ($718.40M vs $403.44M). ADC leads profitability with a 28.4% profit margin vs 4.2%. ADC appears more attractively valued with a PEG of 0.13. ADC earns a higher WallStSmart Score of 68/100 (B-).

ADC

Strong Buy

68

out of 100

Grade: B-

Growth: 7.3Profit: 7.0Value: 7.3Quality: 3.8
Piotroski: 2/9Altman Z: 1.25

AKR

Hold

46

out of 100

Grade: D+

Growth: 5.3Profit: 6.0Value: 2.0Quality: 5.0
Piotroski: 2/9Altman Z: 0.69
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ADCSignificantly Overvalued (-48.5%)

Margin of Safety

-48.5%

Fair Value

$51.68

Current Price

$74.22

$22.54 premium

UndervaluedFair: $51.68Overvalued
AKRSignificantly Overvalued (-2920.6%)

Margin of Safety

-2920.6%

Fair Value

$0.68

Current Price

$19.16

$18.48 premium

UndervaluedFair: $0.68Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ADC5 strengths · Avg: 9.4/10
PEG RatioValuation
0.1310/10

Growing faster than its price suggests

Price/BookValuation
1.5x10/10

Reasonable price relative to book value

Operating MarginProfitability
48.3%10/10

Strong operational efficiency at 48.3%

Profit MarginProfitability
28.4%9/10

Keeps 28 of every $100 in revenue as profit

Revenue GrowthGrowth
18.5%8/10

18.5% revenue growth

AKR3 strengths · Avg: 8.7/10
Price/BookValuation
1.1x10/10

Reasonable price relative to book value

Operating MarginProfitability
21.2%8/10

Strong operational efficiency at 21.2%

Revenue GrowthGrowth
15.0%8/10

15.0% revenue growth

Areas to Watch

ADC4 concerns · Avg: 2.5/10
Return on EquityProfitability
3.5%3/10

ROE of 3.5% — below average capital efficiency

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

P/E RatioValuation
42.5x2/10

Premium valuation, high expectations priced in

Free Cash FlowQuality
$-1.47B2/10

Negative free cash flow — burning cash

AKR4 concerns · Avg: 2.5/10
Profit MarginProfitability
4.2%3/10

4.2% margin — thin

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

PEG RatioValuation
4.702/10

Expensive relative to growth rate

P/E RatioValuation
191.8x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : ADC

The strongest argument for ADC centers on PEG Ratio, Price/Book, Operating Margin. Profitability is solid with margins at 28.4% and operating margin at 48.3%. Revenue growth of 18.5% demonstrates continued momentum.

Bull Case : AKR

The strongest argument for AKR centers on Price/Book, Operating Margin, Revenue Growth. Revenue growth of 15.0% demonstrates continued momentum.

Bear Case : ADC

The primary concerns for ADC are Return on Equity, Piotroski F-Score, P/E Ratio. A P/E of 42.5x leaves little room for execution misses.

Bear Case : AKR

The primary concerns for AKR are Profit Margin, Piotroski F-Score, PEG Ratio. A P/E of 191.8x leaves little room for execution misses. Thin 4.2% margins leave little buffer for downturns.

Key Dynamics to Monitor

ADC profiles as a growth stock while AKR is a value play — different risk/reward profiles.

AKR carries more volatility with a beta of 1.12 — expect wider price swings.

ADC is growing revenue faster at 18.5% — sustainability is the question.

AKR generates stronger free cash flow (-490M), providing more financial flexibility.

Bottom Line

ADC scores higher overall (68/100 vs 46/100), backed by strong 28.4% margins and 18.5% revenue growth. Both earn "Strong 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.

Agree Realty Corporation

REAL ESTATE · REIT - RETAIL · USA

Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of net leased properties to industry leading retail tenants.

Acadia Realty Trust

REAL ESTATE · REIT - RETAIL · USA

Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term profitable growth through its double?

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