WallStSmart

Blackstone Mortgage Trust Inc (BXMT)vsStarwood Property Trust Inc (STWD)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Starwood Property Trust Inc generates 24% more annual revenue ($580.84M vs $466.96M). STWD leads profitability with a 60.5% profit margin vs 22.2%. STWD appears more attractively valued with a PEG of 1.74. STWD earns a higher WallStSmart Score of 59/100 (C).

BXMT

Buy

56

out of 100

Grade: C

Growth: 6.7Profit: 4.5Value: 5.3Quality: 2.5
Piotroski: 3/9Altman Z: -0.33

STWD

Buy

59

out of 100

Grade: C

Growth: 5.3Profit: 6.5Value: 7.3Quality: 2.5
Piotroski: 2/9Altman Z: 0.03
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BXMTUndervalued (+73.6%)

Margin of Safety

+73.6%

Fair Value

$75.69

Current Price

$18.35

$57.34 discount

UndervaluedFair: $75.69Overvalued
STWDUndervalued (+84.7%)

Margin of Safety

+84.7%

Fair Value

$117.88

Current Price

$17.05

$100.83 discount

UndervaluedFair: $117.88Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BXMT3 strengths · Avg: 9.7/10
Price/BookValuation
0.9x10/10

Reasonable price relative to book value

Revenue GrowthGrowth
34.9%10/10

Revenue surging 34.9% year-over-year

Profit MarginProfitability
22.2%9/10

Keeps 22 of every $100 in revenue as profit

STWD4 strengths · Avg: 9.0/10
Price/BookValuation
0.9x10/10

Reasonable price relative to book value

Profit MarginProfitability
60.5%10/10

Keeps 61 of every $100 in revenue as profit

P/E RatioValuation
17.9x8/10

Attractively priced relative to earnings

Revenue GrowthGrowth
21.8%8/10

Revenue surging 21.8% year-over-year

Areas to Watch

BXMT4 concerns · Avg: 3.0/10
P/E RatioValuation
30.6x4/10

Premium valuation, high expectations priced in

Return on EquityProfitability
3.0%3/10

ROE of 3.0% — below average capital efficiency

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
254.802/10

Expensive relative to growth rate

STWD4 concerns · Avg: 3.0/10
PEG RatioValuation
1.744/10

Expensive relative to growth rate

Return on EquityProfitability
5.3%3/10

ROE of 5.3% — below average capital efficiency

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

EPS GrowthGrowth
-60.4%2/10

Earnings declined 60.4%

Comparative Analysis Report

WallStSmart Research

Bull Case : BXMT

The strongest argument for BXMT centers on Price/Book, Revenue Growth, Profit Margin. Profitability is solid with margins at 22.2% and operating margin at -6.1%. Revenue growth of 34.9% demonstrates continued momentum.

Bull Case : STWD

The strongest argument for STWD centers on Price/Book, Profit Margin, P/E Ratio. Profitability is solid with margins at 60.5% and operating margin at 17.4%. Revenue growth of 21.8% demonstrates continued momentum.

Bear Case : BXMT

The primary concerns for BXMT are P/E Ratio, Return on Equity, Piotroski F-Score. Debt-to-equity of 4.65 is elevated, increasing financial risk.

Bear Case : STWD

The primary concerns for STWD are PEG Ratio, Return on Equity, Piotroski F-Score. Debt-to-equity of 3.47 is elevated, increasing financial risk.

Key Dynamics to Monitor

STWD carries more volatility with a beta of 1.03 — expect wider price swings.

BXMT is growing revenue faster at 34.9% — sustainability is the question.

BXMT generates stronger free cash flow (159M), providing more financial flexibility.

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

Bottom Line

STWD scores higher overall (59/100 vs 56/100), backed by strong 60.5% margins and 21.8% revenue growth. BXMT offers better value entry with a 73.6% 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.

Blackstone Mortgage Trust Inc

REAL ESTATE · REIT - MORTGAGE · USA

Blackstone Mortgage Trust, Inc., a real estate financing company, originates senior secured commercial property loans in North America, Europe and Australia. The company is headquartered in New York, New York.

Starwood Property Trust Inc

REAL ESTATE · REIT - MORTGAGE · USA

Starwood Property Trust, Inc. is a real estate investment trust (REIT) in the United States and Europe. The company is headquartered in Greenwich, Connecticut.

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