WallStSmart

Crown Castle (CCI)vsGlobal Net Lease, Inc. (GNL)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Crown Castle generates 751% more annual revenue ($4.21B vs $495.29M). CCI leads profitability with a 25.1% profit margin vs -45.5%. CCI earns a higher WallStSmart Score of 51/100 (C-).

CCI

Buy

51

out of 100

Grade: C-

Growth: 3.3Profit: 7.0Value: 4.7Quality: 4.5
Piotroski: 3/9Altman Z: -0.67

GNL

Hold

48

out of 100

Grade: D+

Growth: 6.0Profit: 4.5Value: 6.7Quality: 3.0
Piotroski: 3/9Altman Z: -0.25
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CCIOvervalued (-13.3%)

Margin of Safety

-13.3%

Fair Value

$75.96

Current Price

$88.78

$12.82 premium

UndervaluedFair: $75.96Overvalued
GNLUndervalued (+50.5%)

Margin of Safety

+50.5%

Fair Value

$19.95

Current Price

$9.52

$10.43 discount

UndervaluedFair: $19.95Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CCI3 strengths · Avg: 9.7/10
Operating MarginProfitability
47.7%10/10

Strong operational efficiency at 47.7%

Debt/EquityHealth
-18.0810/10

Conservative balance sheet, low leverage

Profit MarginProfitability
25.1%9/10

Keeps 25 of every $100 in revenue as profit

GNL3 strengths · Avg: 10.0/10
Price/BookValuation
1.2x10/10

Reasonable price relative to book value

Operating MarginProfitability
36.0%10/10

Strong operational efficiency at 36.0%

EPS GrowthGrowth
333.0%10/10

Earnings expanding 333.0% YoY

Areas to Watch

CCI4 concerns · Avg: 2.8/10
P/E RatioValuation
36.2x4/10

Premium valuation, high expectations priced in

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Return on EquityProfitability
-206.7%2/10

ROE of -206.7% — below average capital efficiency

Revenue GrowthGrowth
-4.8%2/10

Revenue declined 4.8%

GNL4 concerns · Avg: 2.5/10
Debt/EquityHealth
1.743/10

Elevated debt levels

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Return on EquityProfitability
-7.0%2/10

ROE of -7.0% — below average capital efficiency

Revenue GrowthGrowth
-15.1%2/10

Revenue declined 15.1%

Comparative Analysis Report

WallStSmart Research

Bull Case : CCI

The strongest argument for CCI centers on Operating Margin, Debt/Equity, Profit Margin. Profitability is solid with margins at 25.1% and operating margin at 47.7%. PEG of 1.42 suggests the stock is reasonably priced for its growth.

Bull Case : GNL

The strongest argument for GNL centers on Price/Book, Operating Margin, EPS Growth.

Bear Case : CCI

The primary concerns for CCI are P/E Ratio, Piotroski F-Score, Return on Equity.

Bear Case : GNL

The primary concerns for GNL are Debt/Equity, Piotroski F-Score, Return on Equity. Debt-to-equity of 1.74 is elevated, increasing financial risk.

Key Dynamics to Monitor

CCI profiles as a declining stock while GNL is a turnaround play — different risk/reward profiles.

GNL carries more volatility with a beta of 1.06 — expect wider price swings.

CCI is growing revenue faster at -4.8% — sustainability is the question.

CCI generates stronger free cash flow (452M), providing more financial flexibility.

Bottom Line

CCI scores higher overall (51/100 vs 48/100), backed by strong 25.1% margins. GNL offers better value entry with a 50.5% margin of safety. Both earn "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.

Crown Castle

REAL ESTATE · REIT - SPECIALTY · USA

Crown Castle is a real estate investment trust and provider of shared communications infrastructure in the United States. Its network includes over 40,000 cell towers and nearly 80,000 route miles of fiber supporting small cells and fiber solutions. Headquartered in Houston, Texas, the company has 100 offices nationwide.

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Global Net Lease, Inc.

REAL ESTATE · REIT - DIVERSIFIED · USA

Global Net Lease, Inc. (GNL) is a prominent real estate investment trust (REIT) dedicated to acquiring and managing a diversified range of commercial properties primarily leased to high-quality corporate tenants under long-term net lease agreements. The company focuses on diversification across various sectors and geographic regions, which supports its strategy to deliver consistent, risk-adjusted returns to shareholders. Leveraging a seasoned management team with expertise in the net lease market, GNL is strategically positioned to strengthen its presence in the commercial real estate sector while enhancing portfolio value and income potential for investors.

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