WallStSmart

Saul Centers Inc (BFS)vsKimco Realty Corporation (KIM)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Kimco Realty Corporation generates 630% more annual revenue ($2.16B vs $296.25M). KIM leads profitability with a 28.5% profit margin vs 12.4%. KIM appears more attractively valued with a PEG of 3.37. KIM earns a higher WallStSmart Score of 62/100 (C+).

BFS

Hold

43

out of 100

Grade: D

Growth: 4.7Profit: 7.0Value: 3.7Quality: 2.5
Piotroski: 3/9Altman Z: 0.19

KIM

Buy

62

out of 100

Grade: C+

Growth: 6.0Profit: 7.0Value: 4.7Quality: 5.5
Piotroski: 4/9Altman Z: 0.94
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for BFS.

KIMUndervalued (+10.4%)

Margin of Safety

+10.4%

Fair Value

$24.55

Current Price

$24.23

$0.32 discount

UndervaluedFair: $24.55Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BFS1 strengths · Avg: 10.0/10
Operating MarginProfitability
40.5%10/10

Strong operational efficiency at 40.5%

KIM4 strengths · Avg: 8.8/10
Operating MarginProfitability
34.4%10/10

Strong operational efficiency at 34.4%

Profit MarginProfitability
28.5%9/10

Keeps 29 of every $100 in revenue as profit

Price/BookValuation
1.6x8/10

Reasonable price relative to book value

EPS GrowthGrowth
29.4%8/10

Earnings expanding 29.4% YoY

Areas to Watch

BFS4 concerns · Avg: 3.0/10
P/E RatioValuation
33.3x4/10

Premium valuation, high expectations priced in

Market CapQuality
$1.22B3/10

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

KIM4 concerns · Avg: 3.3/10
P/E RatioValuation
29.8x4/10

Moderate valuation

Revenue GrowthGrowth
4.0%4/10

4.0% revenue growth

Return on EquityProfitability
5.9%3/10

ROE of 5.9% — below average capital efficiency

PEG RatioValuation
3.372/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : BFS

The strongest argument for BFS centers on Operating Margin.

Bull Case : KIM

The strongest argument for KIM centers on Operating Margin, Profit Margin, Price/Book. Profitability is solid with margins at 28.5% and operating margin at 34.4%.

Bear Case : BFS

The primary concerns for BFS are P/E Ratio, Market Cap, Piotroski F-Score. Debt-to-equity of 5.29 is elevated, increasing financial risk.

Bear Case : KIM

The primary concerns for KIM are P/E Ratio, Revenue Growth, Return on Equity.

Key Dynamics to Monitor

KIM carries more volatility with a beta of 0.98 — expect wider price swings.

BFS is growing revenue faster at 8.9% — sustainability is the question.

KIM generates stronger free cash flow (180M), providing more financial flexibility.

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

Bottom Line

KIM scores higher overall (62/100 vs 43/100), backed by strong 28.5% 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.

Kimco Realty Corporation

REAL ESTATE · REIT - RETAIL · USA

Kimco Realty Corporation is a real estate investment trust (REIT) that invests in shopping centers.

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