Agree Realty Corporation (ADC)vsFederal Realty Investment Trust (FRT)
ADC
Agree Realty Corporation
$76.15
-3.20%
REAL ESTATE · Cap: $9.17B
FRT
Federal Realty Investment Trust
$103.15
-2.95%
REAL ESTATE · Cap: $8.95B
Smart Verdict
WallStSmart Research — data-driven comparison
Federal Realty Investment Trust generates 78% more annual revenue ($1.28B vs $718.40M). FRT leads profitability with a 32.1% profit margin vs 28.4%. ADC appears more attractively valued with a PEG of 0.13. ADC earns a higher WallStSmart Score of 68/100 (B-).
ADC
Strong Buy68
out of 100
Grade: B-
FRT
Strong Buy66
out of 100
Grade: B-
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
-48.5%
Fair Value
$51.68
Current Price
$76.15
$24.47 premium
Margin of Safety
+49.7%
Fair Value
$212.47
Current Price
$103.15
$109.32 discount
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Growing faster than its price suggests
Reasonable price relative to book value
Strong operational efficiency at 48.3%
Keeps 28 of every $100 in revenue as profit
18.5% revenue growth
Keeps 32 of every $100 in revenue as profit
Strong operational efficiency at 34.5%
Earnings expanding 98.7% YoY
Reasonable price relative to book value
Areas to Watch
ROE of 3.5% — below average capital efficiency
Weak financial health signals
Premium valuation, high expectations priced in
Negative free cash flow — burning cash
Expensive relative to growth rate
Distress zone — elevated risk
Comparative Analysis Report
WallStSmart ResearchBull 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 : FRT
The strongest argument for FRT centers on Profit Margin, Operating Margin, EPS Growth. Profitability is solid with margins at 32.1% and operating margin at 34.5%.
Bear Case : ADC
The primary concerns for ADC are Return on Equity, Piotroski F-Score, P/E Ratio. A P/E of 43.0x leaves little room for execution misses.
Bear Case : FRT
The primary concerns for FRT are PEG Ratio, Altman Z-Score.
Key Dynamics to Monitor
ADC profiles as a growth stock while FRT is a mature play — different risk/reward profiles.
FRT carries more volatility with a beta of 1.01 — expect wider price swings.
ADC is growing revenue faster at 18.5% — sustainability is the question.
FRT generates stronger free cash flow (51M), providing more financial flexibility.
Bottom Line
ADC scores higher overall (68/100 vs 66/100), backed by strong 28.4% margins and 18.5% revenue growth. FRT offers better value entry with a 49.7% margin of safety. Both earn "Strong Buy" and "Strong 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.
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.
Federal Realty Investment Trust
REAL ESTATE · REIT - RETAIL · USA
Federal Realty Investment Trust is a real estate investment trust that invests in shopping centers in the Northeastern United States, the Mid-Atlantic states, California, and South Florida.
Compare with Other REIT - RETAIL Stocks
Want to dig deeper into these stocks?