Broadstone Net Lease Inc (BNL)vsW P Carey Inc (WPC)
BNL
Broadstone Net Lease Inc
$17.59
+2.87%
REAL ESTATE · Cap: $3.70B
WPC
W P Carey Inc
$64.75
+1.01%
REAL ESTATE · Cap: $14.37B
Smart Verdict
WallStSmart Research — data-driven comparison
W P Carey Inc generates 282% more annual revenue ($1.82B vs $476.17M). WPC leads profitability with a 35.0% profit margin vs 30.6%. WPC trades at a lower P/E of 21.9x. BNL earns a higher WallStSmart Score of 63/100 (C+).
BNL
Buy63
out of 100
Grade: C+
WPC
Buy55
out of 100
Grade: C
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
-37.0%
Fair Value
$14.21
Current Price
$17.59
$3.38 premium
Margin of Safety
+51.6%
Fair Value
$149.28
Current Price
$64.75
$84.53 discount
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Reasonable price relative to book value
Keeps 31 of every $100 in revenue as profit
Strong operational efficiency at 46.2%
Earnings expanding 95.7% YoY
Keeps 35 of every $100 in revenue as profit
Reasonable price relative to book value
Areas to Watch
Distress zone — elevated risk
ROE of 4.4% — below average capital efficiency
Weak financial health signals
ROE of 7.5% — below average capital efficiency
Operating margin of 0.0%
Elevated debt levels
Weak financial health signals
Comparative Analysis Report
WallStSmart ResearchBull Case : BNL
The strongest argument for BNL centers on Price/Book, Profit Margin, Operating Margin. Profitability is solid with margins at 30.6% and operating margin at 46.2%.
Bull Case : WPC
The strongest argument for WPC centers on Profit Margin, Price/Book. Profitability is solid with margins at 35.0%. PEG of 1.47 suggests the stock is reasonably priced for its growth.
Bear Case : BNL
The primary concerns for BNL are Altman Z-Score, Return on Equity, Piotroski F-Score.
Bear Case : WPC
The primary concerns for WPC are Return on Equity, Operating Margin, Debt/Equity.
Key Dynamics to Monitor
BNL carries more volatility with a beta of 0.94 — expect wider price swings.
WPC is growing revenue faster at 8.6% — sustainability is the question.
WPC generates stronger free cash flow (299M), providing more financial flexibility.
Monitor REIT - DIVERSIFIED industry trends, competitive dynamics, and regulatory changes.
Bottom Line
BNL scores higher overall (63/100 vs 55/100), backed by strong 30.6% margins. WPC offers better value entry with a 51.6% margin of safety. Both earn "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.
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