WallStSmart

American Tower Corp (AMT)vsNexpoint Real Estate Finance Inc (NREF)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

American Tower Corp generates 6852% more annual revenue ($10.82B vs $155.63M). NREF leads profitability with a 66.5% profit margin vs 26.8%. NREF trades at a lower P/E of 5.4x. AMT earns a higher WallStSmart Score of 72/100 (B).

AMT

Strong Buy

72

out of 100

Grade: B

Growth: 6.7Profit: 9.0Value: 6.0Quality: 3.8
Piotroski: 4/9Altman Z: 0.33

NREF

Buy

58

out of 100

Grade: C

Growth: 4.7Profit: 8.0Value: 8.3Quality: 4.3
Piotroski: 4/9Altman Z: 1.24
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AMTUndervalued (+17.5%)

Margin of Safety

+17.5%

Fair Value

$218.67

Current Price

$180.16

$38.51 discount

UndervaluedFair: $218.67Overvalued
NREFUndervalued (+74.7%)

Margin of Safety

+74.7%

Fair Value

$58.79

Current Price

$15.51

$43.28 discount

UndervaluedFair: $58.79Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AMT5 strengths · Avg: 9.4/10
Operating MarginProfitability
45.9%10/10

Strong operational efficiency at 45.9%

EPS GrowthGrowth
76.9%10/10

Earnings expanding 76.9% YoY

Market CapQuality
$84.27B9/10

Large-cap with strong market position

Return on EquityProfitability
29.9%9/10

Every $100 of equity generates 30 in profit

Profit MarginProfitability
26.8%9/10

Keeps 27 of every $100 in revenue as profit

NREF4 strengths · Avg: 10.0/10
P/E RatioValuation
5.4x10/10

Attractively priced relative to earnings

Price/BookValuation
0.7x10/10

Reasonable price relative to book value

Profit MarginProfitability
66.5%10/10

Keeps 67 of every $100 in revenue as profit

Operating MarginProfitability
69.4%10/10

Strong operational efficiency at 69.4%

Areas to Watch

AMT4 concerns · Avg: 3.0/10
PEG RatioValuation
1.904/10

Expensive relative to growth rate

P/E RatioValuation
29.2x4/10

Moderate valuation

Price/BookValuation
23.8x2/10

Trading at 23.8x book value

Altman Z-ScoreHealth
0.332/10

Distress zone — elevated risk

NREF4 concerns · Avg: 2.3/10
Market CapQuality
$349.50M3/10

Smaller company, higher risk/reward

Revenue GrowthGrowth
-4.8%2/10

Revenue declined 4.8%

EPS GrowthGrowth
-39.6%2/10

Earnings declined 39.6%

Altman Z-ScoreHealth
1.242/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull 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 45.9%.

Bull Case : NREF

The strongest argument for NREF centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 66.5% and operating margin at 69.4%.

Bear Case : AMT

The primary concerns for AMT are PEG Ratio, P/E Ratio, Price/Book.

Bear Case : NREF

The primary concerns for NREF are Market Cap, Revenue Growth, EPS Growth. Debt-to-equity of 11.92 is elevated, increasing financial risk.

Key Dynamics to Monitor

AMT profiles as a mature stock while NREF is a declining play — different risk/reward profiles.

NREF carries more volatility with a beta of 1.15 — expect wider price swings.

AMT is growing revenue faster at 6.8% — sustainability is the question.

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

Bottom Line

AMT scores higher overall (72/100 vs 58/100), backed by strong 26.8% margins. NREF offers better value entry with a 74.7% margin of safety. Both earn "Strong Buy" and "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.

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.

Nexpoint Real Estate Finance Inc

REAL ESTATE · REIT - MORTGAGE · USA

NexPoint Real Estate Finance, Inc. is a real estate finance company in the United States. The company is headquartered in Dallas, Texas.

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