WallStSmart

Agree Realty Corporation (ADC)vsInventrust Properties Corp (IVT)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Agree Realty Corporation generates 140% more annual revenue ($718.40M vs $299.17M). IVT leads profitability with a 37.2% profit margin vs 28.4%. IVT trades at a lower P/E of 21.5x. 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

IVT

Hold

49

out of 100

Grade: D+

Growth: 4.7Profit: 7.5Value: 5.7Quality: 5.0
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
IVTSignificantly Overvalued (-216.5%)

Margin of Safety

-216.5%

Fair Value

$9.66

Current Price

$30.52

$20.86 premium

UndervaluedFair: $9.66Overvalued

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

IVT2 strengths · Avg: 10.0/10
Price/BookValuation
1.3x10/10

Reasonable price relative to book value

Profit MarginProfitability
37.2%10/10

Keeps 37 of every $100 in revenue as profit

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

IVT2 concerns · Avg: 2.5/10
Return on EquityProfitability
6.3%3/10

ROE of 6.3% — below average capital efficiency

EPS GrowthGrowth
-74.7%2/10

Earnings declined 74.7%

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 : IVT

The strongest argument for IVT centers on Price/Book, Profit Margin. Profitability is solid with margins at 37.2% and operating margin at 14.4%.

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 : IVT

The primary concerns for IVT are Return on Equity, EPS Growth.

Key Dynamics to Monitor

ADC profiles as a growth stock while IVT is a mature play — different risk/reward profiles.

ADC carries more volatility with a beta of 0.51 — expect wider price swings.

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

IVT generates stronger free cash flow (29M), providing more financial flexibility.

Bottom Line

ADC scores higher overall (68/100 vs 49/100), 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.

Inventrust Properties Corp

REAL ESTATE · REIT - RETAIL · USA

InvenTrust Properties Corp.

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