WallStSmart

Saul Centers Inc (BFS)vsRealty Income Corporation (O)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Realty Income Corporation generates 1901% more annual revenue ($5.93B vs $296.25M). O leads profitability with a 18.9% profit margin vs 12.4%. O appears more attractively valued with a PEG of 5.68. O earns a higher WallStSmart Score of 60/100 (C).

BFS

Hold

43

out of 100

Grade: D

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

O

Buy

60

out of 100

Grade: C

Growth: 7.3Profit: 6.5Value: 3.3Quality: 3.5
Piotroski: 3/9Altman Z: 0.64
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for BFS.

OOvervalued (-5.9%)

Margin of Safety

-5.9%

Fair Value

$60.93

Current Price

$60.84

$0.09 premium

UndervaluedFair: $60.93Overvalued

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%

O3 strengths · Avg: 9.7/10
Price/BookValuation
1.4x10/10

Reasonable price relative to book value

Operating MarginProfitability
45.5%10/10

Strong operational efficiency at 45.5%

Market CapQuality
$55.69B9/10

Large-cap with strong market position

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

O4 concerns · Avg: 2.5/10
Return on EquityProfitability
2.9%3/10

ROE of 2.9% — below average capital efficiency

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
5.682/10

Expensive relative to growth rate

P/E RatioValuation
49.0x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : BFS

The strongest argument for BFS centers on Operating Margin.

Bull Case : O

The strongest argument for O centers on Price/Book, Operating Margin, Market Cap. Profitability is solid with margins at 18.9% and operating margin at 45.5%. Revenue growth of 12.0% demonstrates continued momentum.

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 : O

The primary concerns for O are Return on Equity, Piotroski F-Score, PEG Ratio. A P/E of 49.0x leaves little room for execution misses.

Key Dynamics to Monitor

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

BFS carries more volatility with a beta of 0.90 — expect wider price swings.

O is growing revenue faster at 12.0% — sustainability is the question.

O generates stronger free cash flow (848M), providing more financial flexibility.

Bottom Line

O scores higher overall (60/100 vs 43/100), backed by strong 18.9% margins and 12.0% revenue growth. 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.

Realty Income Corporation

REAL ESTATE · REIT - RETAIL · USA

Realty Income Corporation is a real estate investment trust that invests in free-standing, single-tenant commercial properties in the United States, Puerto Rico, and the United Kingdom that are subject to NNN Leases. The company is organized in Maryland with its headquarters in San Diego, California.

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