WallStSmart

American Tower Corp (AMT)vsTerreno Realty Corporation (TRNO)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

American Tower Corp generates 2171% more annual revenue ($10.82B vs $476.38M). TRNO leads profitability with a 84.6% profit margin vs 26.8%. AMT appears more attractively valued with a PEG of 1.87. TRNO 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

TRNO

Strong Buy

72

out of 100

Grade: B

Growth: 9.3Profit: 7.5Value: 6.7Quality: 5.3
Piotroski: 5/9Altman Z: 2.37
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AMTUndervalued (+17.5%)

Margin of Safety

+17.5%

Fair Value

$218.67

Current Price

$176.53

$42.14 discount

UndervaluedFair: $218.67Overvalued
TRNOUndervalued (+69.4%)

Margin of Safety

+69.4%

Fair Value

$214.06

Current Price

$66.21

$147.85 discount

UndervaluedFair: $214.06Overvalued

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
$82.24B9/10

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

TRNO6 strengths · Avg: 9.3/10
Profit MarginProfitability
84.6%10/10

Keeps 85 of every $100 in revenue as profit

Operating MarginProfitability
42.0%10/10

Strong operational efficiency at 42.0%

Revenue GrowthGrowth
32.6%10/10

Revenue surging 32.6% year-over-year

EPS GrowthGrowth
99.6%10/10

Earnings expanding 99.6% YoY

P/E RatioValuation
16.2x8/10

Attractively priced relative to earnings

Price/BookValuation
1.7x8/10

Reasonable price relative to book value

Areas to Watch

AMT4 concerns · Avg: 3.0/10
PEG RatioValuation
1.874/10

Expensive relative to growth rate

P/E RatioValuation
28.5x4/10

Moderate valuation

Price/BookValuation
23.4x2/10

Trading at 23.4x book value

Altman Z-ScoreHealth
0.332/10

Distress zone — elevated risk

TRNO1 concerns · Avg: 2.0/10
PEG RatioValuation
7.152/10

Expensive relative to growth rate

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 : TRNO

The strongest argument for TRNO centers on Profit Margin, Operating Margin, Revenue Growth. Profitability is solid with margins at 84.6% and operating margin at 42.0%. Revenue growth of 32.6% demonstrates continued momentum.

Bear Case : AMT

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

Bear Case : TRNO

The primary concerns for TRNO are PEG Ratio.

Key Dynamics to Monitor

AMT profiles as a mature stock while TRNO is a growth play — different risk/reward profiles.

TRNO carries more volatility with a beta of 1.08 — expect wider price swings.

TRNO is growing revenue faster at 32.6% — sustainability is the question.

AMT generates stronger free cash flow (951M), providing more financial flexibility.

Bottom Line

AMT scores higher overall (72/100 vs 72/100), backed by strong 26.8% margins. TRNO offers better value entry with a 69.4% 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.

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.

Terreno Realty Corporation

REAL ESTATE · REIT - INDUSTRIAL · USA

Terreno Realty Corporation and together with its subsidiaries, the?

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