WallStSmart

CBL & Associates Properties Inc (CBL)vsKimco Realty Corporation (KIM)

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Smart Verdict

WallStSmart Research — data-driven comparison

Kimco Realty Corporation generates 272% more annual revenue ($2.19B vs $588.15M). CBL leads profitability with a 37.0% profit margin vs 27.8%. CBL trades at a lower P/E of 7.7x. CBL earns a higher WallStSmart Score of 66/100 (B-).

CBL

Strong Buy

66

out of 100

Grade: B-

Growth: 6.0Profit: 9.0Value: 5.7Quality: 5.0
Piotroski: 6/9Altman Z: 0.65

KIM

Buy

56

out of 100

Grade: C

Growth: 4.0Profit: 7.0Value: 4.7Quality: 6.0
Piotroski: 4/9Altman Z: 0.94
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CBLSignificantly Overvalued (-47.4%)

Margin of Safety

-47.4%

Fair Value

$23.97

Current Price

$51.91

$27.94 premium

UndervaluedFair: $23.97Overvalued
KIMUndervalued (+11.4%)

Margin of Safety

+11.4%

Fair Value

$24.83

Current Price

$22.44

$2.39 discount

UndervaluedFair: $24.83Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CBL5 strengths · Avg: 10.0/10
P/E RatioValuation
7.7x10/10

Attractively priced relative to earnings

Return on EquityProfitability
43.6%10/10

Every $100 of equity generates 44 in profit

Profit MarginProfitability
37.0%10/10

Keeps 37 of every $100 in revenue as profit

Operating MarginProfitability
30.5%10/10

Strong operational efficiency at 30.5%

EPS GrowthGrowth
1738.0%10/10

Earnings expanding 1738.0% YoY

KIM3 strengths · Avg: 9.7/10
Price/BookValuation
1.5x10/10

Reasonable price relative to book value

Operating MarginProfitability
36.6%10/10

Strong operational efficiency at 36.6%

Profit MarginProfitability
27.8%9/10

Keeps 28 of every $100 in revenue as profit

Areas to Watch

CBL4 concerns · Avg: 2.5/10
Revenue GrowthGrowth
4.0%4/10

4.0% revenue growth

Market CapQuality
$1.67B3/10

Smaller company, higher risk/reward

Altman Z-ScoreHealth
0.652/10

Distress zone — elevated risk

Debt/EquityHealth
4.761/10

Elevated debt levels

KIM4 concerns · Avg: 3.3/10
P/E RatioValuation
26.2x4/10

Moderate valuation

Revenue GrowthGrowth
4.9%4/10

4.9% revenue growth

Return on EquityProfitability
5.9%3/10

ROE of 5.9% — below average capital efficiency

PEG RatioValuation
3.372/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : CBL

The strongest argument for CBL centers on P/E Ratio, Return on Equity, Profit Margin. Profitability is solid with margins at 37.0% and operating margin at 30.5%.

Bull Case : KIM

The strongest argument for KIM centers on Price/Book, Operating Margin, Profit Margin. Profitability is solid with margins at 27.8% and operating margin at 36.6%.

Bear Case : CBL

The primary concerns for CBL are Revenue Growth, Market Cap, Altman Z-Score. Debt-to-equity of 4.76 is elevated, increasing financial risk.

Bear Case : KIM

The primary concerns for KIM are P/E Ratio, Revenue Growth, Return on Equity.

Key Dynamics to Monitor

CBL carries more volatility with a beta of 1.41 — expect wider price swings.

KIM is growing revenue faster at 4.9% — sustainability is the question.

KIM generates stronger free cash flow (233M), providing more financial flexibility.

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

Bottom Line

CBL scores higher overall (66/100 vs 56/100), backed by strong 37.0% 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.

CBL & Associates Properties Inc

REAL ESTATE · REIT - RETAIL · USA

CBL & Associates Properties Inc. is a prominent real estate investment trust (REIT) that focuses on acquiring, managing, and redeveloping shopping malls and retail properties throughout the United States. In response to evolving consumer preferences, CBL adopts a forward-thinking strategy that incorporates mixed-use developments and experiential retail environments, enhancing tenant engagement and driving operational efficiency. Through innovative asset management and sustainable practices, the company aims to maximize property value, positioning itself as a strong investment opportunity for institutional investors seeking stability and growth in the retail real estate sector.

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Kimco Realty Corporation

REAL ESTATE · REIT - RETAIL · USA

Kimco Realty Corporation is a real estate investment trust (REIT) that invests in shopping centers.

Visit Website →

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