WallStSmart

Brandywine Realty Trust (BDN)vsVornado Realty Trust (VNO)

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Smart Verdict

WallStSmart Research — data-driven comparison

Vornado Realty Trust generates 315% more annual revenue ($1.88B vs $452.30M). VNO leads profitability with a 3.6% profit margin vs -31.5%. BDN appears more attractively valued with a PEG of 1.97. BDN earns a higher WallStSmart Score of 58/100 (C).

BDN

Buy

58

out of 100

Grade: C

Growth: 6.0Profit: 3.5Value: 4.7Quality: 4.5
Piotroski: 2/9Altman Z: -0.65

VNO

Hold

43

out of 100

Grade: D

Growth: 4.0Profit: 5.0Value: 5.3Quality: 5.5
Piotroski: 5/9Altman Z: 0.61
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for BDN.

VNOUndervalued (+34.2%)

Margin of Safety

+34.2%

Fair Value

$45.97

Current Price

$35.28

$10.69 discount

UndervaluedFair: $45.97Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BDN2 strengths · Avg: 10.0/10
Price/BookValuation
0.7x10/10

Reasonable price relative to book value

EPS GrowthGrowth
551.0%10/10

Earnings expanding 551.0% YoY

VNO1 strengths · Avg: 10.0/10
Price/BookValuation
1.4x10/10

Reasonable price relative to book value

Areas to Watch

BDN4 concerns · Avg: 3.0/10
PEG RatioValuation
1.974/10

Expensive relative to growth rate

Market CapQuality
$519.88M3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Return on EquityProfitability
-20.7%2/10

ROE of -20.7% — below average capital efficiency

VNO4 concerns · Avg: 3.0/10
PEG RatioValuation
2.204/10

Expensive relative to growth rate

Profit MarginProfitability
3.6%3/10

3.6% margin — thin

Debt/EquityHealth
1.573/10

Elevated debt levels

P/E RatioValuation
1186.0x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : BDN

The strongest argument for BDN centers on Price/Book, EPS Growth. Revenue growth of 14.1% demonstrates continued momentum.

Bull Case : VNO

The strongest argument for VNO centers on Price/Book.

Bear Case : BDN

The primary concerns for BDN are PEG Ratio, Market Cap, Piotroski F-Score. Debt-to-equity of 3.84 is elevated, increasing financial risk.

Bear Case : VNO

The primary concerns for VNO are PEG Ratio, Profit Margin, Debt/Equity. A P/E of 1186.0x leaves little room for execution misses. Debt-to-equity of 1.57 is elevated, increasing financial risk.

Key Dynamics to Monitor

BDN profiles as a turnaround stock while VNO is a value play — different risk/reward profiles.

VNO carries more volatility with a beta of 1.54 — expect wider price swings.

BDN is growing revenue faster at 14.1% — sustainability is the question.

VNO generates stronger free cash flow (43M), providing more financial flexibility.

Bottom Line

BDN scores higher overall (58/100 vs 43/100) and 14.1% revenue growth. VNO offers better value entry with a 34.2% margin of safety. Both earn "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.

Brandywine Realty Trust

REAL ESTATE · REIT - OFFICE · USA

Brandywine Realty Trust (NYSE: BDN) is one of the largest publicly traded, full-service integrated real estate companies in the United States with a primary focus on the Philadelphia, Austin and Washington, DC markets.

Vornado Realty Trust

REAL ESTATE · REIT - OFFICE · USA

Vornado Realty Trust is a real estate investment trust formed in Maryland, with its primary office in New York City. The company invests in office buildings and street retail in Manhattan.

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