WallStSmart

Brixmor Property (BRX)vsRealty Income Corporation (O)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Realty Income Corporation generates 320% more annual revenue ($5.76B vs $1.37B). BRX leads profitability with a 28.2% profit margin vs 18.4%. BRX appears more attractively valued with a PEG of 1.68. BRX earns a higher WallStSmart Score of 70/100 (B).

BRX

Strong Buy

70

out of 100

Grade: B

Growth: 6.7Profit: 8.0Value: 10.0Quality: 3.3
Piotroski: 3/9Altman Z: 0.56

O

Buy

64

out of 100

Grade: C+

Growth: 8.0Profit: 6.5Value: 2.0Quality: 4.3
Piotroski: 3/9Altman Z: 0.77
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BRXUndervalued (+51.2%)

Margin of Safety

+51.2%

Fair Value

$58.50

Current Price

$28.71

$29.79 discount

UndervaluedFair: $58.50Overvalued
OSignificantly Overvalued (-17.8%)

Margin of Safety

-17.8%

Fair Value

$54.76

Current Price

$60.95

$6.19 premium

UndervaluedFair: $54.76Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BRX4 strengths · Avg: 9.3/10
Operating MarginProfitability
37.8%10/10

Strong operational efficiency at 37.8%

EPS GrowthGrowth
62.8%10/10

Earnings expanding 62.8% YoY

Profit MarginProfitability
28.2%9/10

Keeps 28 of every $100 in revenue as profit

Price/BookValuation
2.9x8/10

Reasonable price relative to book value

O5 strengths · Avg: 9.0/10
Price/BookValuation
1.4x10/10

Reasonable price relative to book value

Operating MarginProfitability
47.0%10/10

Strong operational efficiency at 47.0%

Market CapQuality
$57.04B9/10

Large-cap with strong market position

EPS GrowthGrowth
41.2%8/10

Earnings expanding 41.2% YoY

Free Cash FlowQuality
$1.15B8/10

Generating 1.2B in free cash flow

Areas to Watch

BRX4 concerns · Avg: 2.8/10
PEG RatioValuation
1.684/10

Expensive relative to growth rate

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Free Cash FlowQuality
$-568.45M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
0.562/10

Distress zone — elevated risk

O4 concerns · Avg: 2.5/10
Return on EquityProfitability
2.7%3/10

ROE of 2.7% — below average capital efficiency

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
5.752/10

Expensive relative to growth rate

P/E RatioValuation
52.1x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : BRX

The strongest argument for BRX centers on Operating Margin, EPS Growth, Profit Margin. Profitability is solid with margins at 28.2% and operating margin at 37.8%.

Bull Case : O

The strongest argument for O centers on Price/Book, Operating Margin, Market Cap. Profitability is solid with margins at 18.4% and operating margin at 47.0%. Revenue growth of 11.0% demonstrates continued momentum.

Bear Case : BRX

The primary concerns for BRX are PEG Ratio, Piotroski F-Score, Free Cash Flow.

Bear Case : O

The primary concerns for O are Return on Equity, Piotroski F-Score, PEG Ratio. A P/E of 52.1x leaves little room for execution misses.

Key Dynamics to Monitor

BRX carries more volatility with a beta of 1.05 — expect wider price swings.

O is growing revenue faster at 11.0% — sustainability is the question.

O generates stronger free cash flow (1.2B), providing more financial flexibility.

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

Bottom Line

BRX scores higher overall (70/100 vs 64/100), backed by strong 28.2% 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.

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.

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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