American Tower Corp (AMT)vsMacerich Company (MAC)
AMT
American Tower Corp
$178.19
-0.12%
REAL ESTATE · Cap: $85.12B
MAC
Macerich Company
$21.82
+0.37%
REAL ESTATE · Cap: $5.93B
Smart Verdict
WallStSmart Research — data-driven comparison
American Tower Corp generates 939% more annual revenue ($10.82B vs $1.04B). AMT leads profitability with a 26.8% profit margin vs -18.9%. AMT appears more attractively valued with a PEG of 1.97. AMT earns a higher WallStSmart Score of 72/100 (B).
AMT
Strong Buy72
out of 100
Grade: B
MAC
Hold45
out of 100
Grade: D+
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
+17.6%
Fair Value
$219.10
Current Price
$178.19
$40.91 discount
Margin of Safety
+34.7%
Fair Value
$28.87
Current Price
$21.82
$7.05 discount
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Strong operational efficiency at 45.3%
Earnings expanding 76.9% YoY
Large-cap with strong market position
Every $100 of equity generates 30 in profit
Keeps 27 of every $100 in revenue as profit
Earnings expanding 3971.0% YoY
Reasonable price relative to book value
Strong operational efficiency at 24.4%
Areas to Watch
Expensive relative to growth rate
Moderate valuation
Trading at 23.6x book value
Distress zone — elevated risk
Weak financial health signals
Expensive relative to growth rate
ROE of -7.5% — below average capital efficiency
Revenue declined 17.4%
Comparative Analysis Report
WallStSmart ResearchBull Case : AMT
The strongest argument for AMT centers on Operating Margin, EPS Growth, Market Cap. Profitability is solid with margins at 26.8% and operating margin at 45.3%.
Bull Case : MAC
The strongest argument for MAC centers on EPS Growth, Price/Book, Operating Margin.
Bear Case : AMT
The primary concerns for AMT are PEG Ratio, P/E Ratio, Price/Book.
Bear Case : MAC
The primary concerns for MAC are Piotroski F-Score, PEG Ratio, Return on Equity.
Key Dynamics to Monitor
AMT profiles as a mature stock while MAC is a turnaround play — different risk/reward profiles.
MAC carries more volatility with a beta of 2.19 — expect wider price swings.
AMT is growing revenue faster at 6.8% — sustainability is the question.
AMT generates stronger free cash flow (951M), providing more financial flexibility.
Bottom Line
AMT scores higher overall (72/100 vs 45/100), backed by strong 26.8% margins. MAC offers better value entry with a 34.7% margin of safety. 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.
American Tower Corp
REAL ESTATE · REIT - SPECIALTY · USA
American Tower Corporation (also referred to as American Tower or ATC) is an American real estate investment trust and an owner and operator of wireless and broadcast communications infrastructure in several countries worldwide and is headquartered in Boston, Massachusetts.
Macerich Company
REAL ESTATE · REIT - RETAIL · USA
The Macerich Company (MAC) is a premier real estate investment trust (REIT) specializing in the ownership, leasing, and management of high-quality retail properties in major U.S. markets. With a strategically curated portfolio of upscale shopping centers and mixed-use developments, Macerich emphasizes tenant performance and customer experience in an evolving retail landscape. The company's strong commitment to sustainability and operational efficiency not only supports its financial stability but also enhances its capacity to seize growth opportunities, ultimately delivering long-term value for shareholders.
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