WallStSmart

Saul Centers Inc (BFS)vsFederal Realty Investment Trust (FRT)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Federal Realty Investment Trust generates 342% more annual revenue ($1.34B vs $302.20M). FRT leads profitability with a 32.7% profit margin vs 11.5%. FRT appears more attractively valued with a PEG of 3.65. FRT earns a higher WallStSmart Score of 55/100 (C).

BFS

Hold

43

out of 100

Grade: D

Growth: 4.7Profit: 7.0Value: 3.7Quality: 3.0
Piotroski: 3/9Altman Z: 0.19

FRT

Buy

55

out of 100

Grade: C

Growth: 4.7Profit: 8.5Value: 6.0Quality: 3.5
Piotroski: 2/9Altman Z: 0.54
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for BFS.

FRTUndervalued (+35.8%)

Margin of Safety

+35.8%

Fair Value

$166.65

Current Price

$114.36

$52.29 discount

UndervaluedFair: $166.65Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BFS1 strengths · Avg: 10.0/10
Operating MarginProfitability
41.1%10/10

Strong operational efficiency at 41.1%

FRT2 strengths · Avg: 10.0/10
Profit MarginProfitability
32.7%10/10

Keeps 33 of every $100 in revenue as profit

Operating MarginProfitability
35.0%10/10

Strong operational efficiency at 35.0%

Areas to Watch

BFS4 concerns · Avg: 3.0/10
P/E RatioValuation
32.2x4/10

Premium valuation, high expectations priced in

Market CapQuality
$1.09B3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
44.972/10

Expensive relative to growth rate

FRT4 concerns · Avg: 2.5/10
Debt/EquityHealth
1.443/10

Elevated debt levels

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

PEG RatioValuation
3.652/10

Expensive relative to growth rate

EPS GrowthGrowth
-45.6%2/10

Earnings declined 45.6%

Comparative Analysis Report

WallStSmart Research

Bull Case : BFS

The strongest argument for BFS centers on Operating Margin.

Bull Case : FRT

The strongest argument for FRT centers on Profit Margin, Operating Margin. Profitability is solid with margins at 32.7% and operating margin at 35.0%.

Bear Case : BFS

The primary concerns for BFS are P/E Ratio, Market Cap, Piotroski F-Score. Debt-to-equity of 5.42 is elevated, increasing financial risk.

Bear Case : FRT

The primary concerns for FRT are Debt/Equity, Piotroski F-Score, PEG Ratio.

Key Dynamics to Monitor

BFS profiles as a value stock while FRT is a mature play — different risk/reward profiles.

FRT carries more volatility with a beta of 0.92 — expect wider price swings.

BFS is growing revenue faster at 8.4% — sustainability is the question.

FRT generates stronger free cash flow (118M), providing more financial flexibility.

Bottom Line

FRT scores higher overall (55/100 vs 43/100), backed by strong 32.7% margins. 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.

Saul Centers Inc

REAL ESTATE · REIT - RETAIL · USA

Saul Centers, Inc. is a self-managed, self-managed capital REIT based in Bethesda, Maryland, currently operating and managing a real estate portfolio of 60 properties that includes (a) 50 community and neighborhood shopping centers and seven mixed-use properties with approximately 9.

Federal Realty Investment Trust

REAL ESTATE · REIT - RETAIL · USA

Federal Realty Investment Trust is a real estate investment trust that invests in shopping centers in the Northeastern United States, the Mid-Atlantic states, California, and South Florida.

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