WallStSmart

Broadstone Net Lease Inc (BNL)vsW P Carey Inc (WPC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

W P Carey Inc generates 273% more annual revenue ($1.74B vs $466.85M). WPC leads profitability with a 29.7% profit margin vs 27.0%. BNL trades at a lower P/E of 30.2x. WPC earns a higher WallStSmart Score of 72/100 (B).

BNL

Buy

62

out of 100

Grade: C+

Growth: 6.7Profit: 7.0Value: 4.3Quality: 4.8
Piotroski: 4/9Altman Z: 1.01

WPC

Strong Buy

72

out of 100

Grade: B

Growth: 7.3Profit: 7.5Value: 6.7Quality: 3.8
Piotroski: 4/9Altman Z: 0.56
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BNLFair Value (-2.9%)

Margin of Safety

-2.9%

Fair Value

$18.92

Current Price

$19.41

$0.49 premium

UndervaluedFair: $18.92Overvalued
WPCUndervalued (+54.9%)

Margin of Safety

+54.9%

Fair Value

$160.42

Current Price

$72.60

$87.82 discount

UndervaluedFair: $160.42Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BNL4 strengths · Avg: 9.8/10
Price/BookValuation
1.3x10/10

Reasonable price relative to book value

Operating MarginProfitability
52.2%10/10

Strong operational efficiency at 52.2%

EPS GrowthGrowth
175.2%10/10

Earnings expanding 175.2% YoY

Profit MarginProfitability
27.0%9/10

Keeps 27 of every $100 in revenue as profit

WPC4 strengths · Avg: 8.8/10
Operating MarginProfitability
54.8%10/10

Strong operational efficiency at 54.8%

Profit MarginProfitability
29.7%9/10

Keeps 30 of every $100 in revenue as profit

Price/BookValuation
2.0x8/10

Reasonable price relative to book value

EPS GrowthGrowth
40.2%8/10

Earnings expanding 40.2% YoY

Areas to Watch

BNL3 concerns · Avg: 3.0/10
P/E RatioValuation
30.2x4/10

Premium valuation, high expectations priced in

Return on EquityProfitability
4.2%3/10

ROE of 4.2% — below average capital efficiency

Altman Z-ScoreHealth
1.012/10

Distress zone — elevated risk

WPC3 concerns · Avg: 3.0/10
P/E RatioValuation
31.0x4/10

Premium valuation, high expectations priced in

Return on EquityProfitability
6.3%3/10

ROE of 6.3% — below average capital efficiency

Altman Z-ScoreHealth
0.562/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : BNL

The strongest argument for BNL centers on Price/Book, Operating Margin, EPS Growth. Profitability is solid with margins at 27.0% and operating margin at 52.2%. Revenue growth of 11.7% demonstrates continued momentum.

Bull Case : WPC

The strongest argument for WPC centers on Operating Margin, Profit Margin, Price/Book. Profitability is solid with margins at 29.7% and operating margin at 54.8%. PEG of 1.47 suggests the stock is reasonably priced for its growth.

Bear Case : BNL

The primary concerns for BNL are P/E Ratio, Return on Equity, Altman Z-Score.

Bear Case : WPC

The primary concerns for WPC are P/E Ratio, Return on Equity, Altman Z-Score.

Key Dynamics to Monitor

BNL carries more volatility with a beta of 1.02 — expect wider price swings.

BNL is growing revenue faster at 11.7% — sustainability is the question.

WPC generates stronger free cash flow (250M), providing more financial flexibility.

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

Bottom Line

WPC scores higher overall (72/100 vs 62/100), backed by strong 29.7% margins. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Broadstone Net Lease Inc

REAL ESTATE · REIT - DIVERSIFIED · USA

BNL is an internally managed REIT that primarily acquires, owns and manages single-tenant commercial real estate that is rented out on a long-term basis to a diversified group of tenants.

W P Carey Inc

REAL ESTATE · REIT - DIVERSIFIED · USA

WP Carey is among the largest net-lease REITs with an enterprise value of approximately $ 18 billion and a diversified portfolio of operationally critical commercial real estate that includes 1,215 net-lease properties covering approximately 142 million square feet as of March 30. September 2020.

Want to dig deeper into these stocks?