WallStSmart

American Realty Investors Inc (ARL)vsFirstService Corp (FSV)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

FirstService Corp generates 11106% more annual revenue ($5.50B vs $49.06M). ARL leads profitability with a 11.7% profit margin vs 2.6%. FSV appears more attractively valued with a PEG of 2.17. FSV earns a higher WallStSmart Score of 49/100 (D+).

ARL

Hold

44

out of 100

Grade: D

Growth: 8.0Profit: 3.5Value: 5.3Quality: 5.0

FSV

Hold

49

out of 100

Grade: D+

Growth: 6.7Profit: 5.5Value: 7.3Quality: 5.8
Piotroski: 2/9Altman Z: 2.23
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ARLOvervalued (-5.3%)

Margin of Safety

-5.3%

Fair Value

$16.85

Current Price

$15.58

$1.27 premium

UndervaluedFair: $16.85Overvalued
FSVSignificantly Overvalued (-31.2%)

Margin of Safety

-31.2%

Fair Value

$120.08

Current Price

$137.76

$17.68 premium

UndervaluedFair: $120.08Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ARL2 strengths · Avg: 10.0/10
Price/BookValuation
0.4x10/10

Reasonable price relative to book value

EPS GrowthGrowth
142.2%10/10

Earnings expanding 142.2% YoY

FSV0 strengths · Avg: 0/10

No standout strengths identified

Areas to Watch

ARL4 concerns · Avg: 2.5/10
Market CapQuality
$255.69M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
0.9%3/10

ROE of 0.9% — below average capital efficiency

PEG RatioValuation
4.412/10

Expensive relative to growth rate

P/E RatioValuation
44.0x2/10

Premium valuation, high expectations priced in

FSV4 concerns · Avg: 3.5/10
PEG RatioValuation
2.174/10

Expensive relative to growth rate

Revenue GrowthGrowth
1.3%4/10

1.3% revenue growth

Profit MarginProfitability
2.6%3/10

2.6% margin — thin

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : ARL

The strongest argument for ARL centers on Price/Book, EPS Growth.

Bull Case : FSV

FSV has a balanced fundamental profile.

Bear Case : ARL

The primary concerns for ARL are Market Cap, Return on Equity, PEG Ratio. A P/E of 44.0x leaves little room for execution misses.

Bear Case : FSV

The primary concerns for FSV are PEG Ratio, Revenue Growth, Profit Margin. A P/E of 43.2x leaves little room for execution misses. Thin 2.6% margins leave little buffer for downturns.

Key Dynamics to Monitor

FSV carries more volatility with a beta of 0.91 — expect wider price swings.

ARL is growing revenue faster at 7.7% — sustainability is the question.

FSV generates stronger free cash flow (89M), providing more financial flexibility.

Monitor REAL ESTATE SERVICES industry trends, competitive dynamics, and regulatory changes.

Bottom Line

FSV scores higher overall (49/100 vs 44/100). Both earn "Hold" 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 Realty Investors Inc

REAL ESTATE · REAL ESTATE SERVICES · USA

American Realty Investors, Inc. acquires, develops and owns multi-family apartment communities and commercial real estate in the Southwest, Southeast, and Midwest of the United States. The company is headquartered in Dallas, Texas.

FirstService Corp

REAL ESTATE · REAL ESTATE SERVICES · USA

FirstService Corporation provides residential property management and other essential property services to residential and commercial clients in the United States and Canada. The company is headquartered in Toronto, Canada.

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