WallStSmart

Brixmor Property (BRX)vsNNN REIT, Inc. (NNN)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Brixmor Property generates 48% more annual revenue ($1.39B vs $935.78M). NNN leads profitability with a 41.4% profit margin vs 32.0%. BRX appears more attractively valued with a PEG of 1.68. BRX earns a higher WallStSmart Score of 68/100 (B-).

BRX

Strong Buy

68

out of 100

Grade: B-

Growth: 6.7Profit: 8.0Value: 4.0Quality: 4.0
Piotroski: 4/9Altman Z: 0.61

NNN

Hold

50

out of 100

Grade: D+

Growth: 4.0Profit: 8.0Value: 6.0Quality: 3.0
Piotroski: 2/9Altman Z: 0.67
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BRXSignificantly Overvalued (-50.1%)

Margin of Safety

-50.1%

Fair Value

$21.71

Current Price

$30.35

$8.64 premium

UndervaluedFair: $21.71Overvalued
NNNUndervalued (+39.4%)

Margin of Safety

+39.4%

Fair Value

$71.14

Current Price

$44.96

$26.18 discount

UndervaluedFair: $71.14Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BRX3 strengths · Avg: 10.0/10
Profit MarginProfitability
32.0%10/10

Keeps 32 of every $100 in revenue as profit

Operating MarginProfitability
37.8%10/10

Strong operational efficiency at 37.8%

EPS GrowthGrowth
80.8%10/10

Earnings expanding 80.8% YoY

NNN3 strengths · Avg: 9.3/10
Profit MarginProfitability
41.4%10/10

Keeps 41 of every $100 in revenue as profit

Operating MarginProfitability
60.6%10/10

Strong operational efficiency at 60.6%

Price/BookValuation
1.9x8/10

Reasonable price relative to book value

Areas to Watch

BRX3 concerns · Avg: 3.0/10
PEG RatioValuation
1.684/10

Expensive relative to growth rate

Debt/EquityHealth
1.873/10

Elevated debt levels

Altman Z-ScoreHealth
0.612/10

Distress zone — elevated risk

NNN4 concerns · Avg: 3.0/10
Revenue GrowthGrowth
4.1%4/10

4.1% revenue growth

Debt/EquityHealth
1.103/10

Elevated debt levels

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

PEG RatioValuation
4.802/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : BRX

The strongest argument for BRX centers on Profit Margin, Operating Margin, EPS Growth. Profitability is solid with margins at 32.0% and operating margin at 37.8%.

Bull Case : NNN

The strongest argument for NNN centers on Profit Margin, Operating Margin, Price/Book. Profitability is solid with margins at 41.4% and operating margin at 60.6%.

Bear Case : BRX

The primary concerns for BRX are PEG Ratio, Debt/Equity, Altman Z-Score. Debt-to-equity of 1.87 is elevated, increasing financial risk.

Bear Case : NNN

The primary concerns for NNN are Revenue Growth, Debt/Equity, Piotroski F-Score.

Key Dynamics to Monitor

BRX profiles as a mature stock while NNN is a value play — different risk/reward profiles.

BRX carries more volatility with a beta of 0.97 — expect wider price swings.

BRX is growing revenue faster at 5.1% — sustainability is the question.

NNN generates stronger free cash flow (187M), providing more financial flexibility.

Bottom Line

BRX scores higher overall (68/100 vs 50/100), backed by strong 32.0% margins. NNN offers better value entry with a 39.4% margin of safety. Both earn "Strong 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.

Brixmor Property

REAL ESTATE · REIT - RETAIL · USA

Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality national portfolio of outdoor shopping centers.

NNN REIT, Inc.

REAL ESTATE · REIT - RETAIL · USA

National Retail Properties invests primarily in high-quality retail properties generally subject to long-term net leases.

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