WallStSmart

Crown Castle (CCI)vsNational Storage Affiliates Trust (NSA)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Crown Castle generates 465% more annual revenue ($4.21B vs $745.60M). CCI leads profitability with a 25.1% profit margin vs 9.9%. CCI appears more attractively valued with a PEG of 1.42. NSA earns a higher WallStSmart Score of 57/100 (C).

CCI

Buy

51

out of 100

Grade: C-

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

NSA

Buy

57

out of 100

Grade: C

Growth: 6.7Profit: 6.5Value: 5.3Quality: 3.0
Piotroski: 4/9Altman Z: 0.36
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CCIOvervalued (-13.3%)

Margin of Safety

-13.3%

Fair Value

$75.96

Current Price

$85.87

$9.91 premium

UndervaluedFair: $75.96Overvalued
NSAUndervalued (+50.3%)

Margin of Safety

+50.3%

Fair Value

$67.33

Current Price

$41.47

$25.86 discount

UndervaluedFair: $67.33Overvalued

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

NSA3 strengths · Avg: 9.3/10
Operating MarginProfitability
35.8%10/10

Strong operational efficiency at 35.8%

EPS GrowthGrowth
236.6%10/10

Earnings expanding 236.6% YoY

Revenue GrowthGrowth
18.0%8/10

18.0% revenue growth

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%

NSA4 concerns · Avg: 2.8/10
PEG RatioValuation
1.674/10

Expensive relative to growth rate

Return on EquityProfitability
7.0%3/10

ROE of 7.0% — below average capital efficiency

P/E RatioValuation
60.1x2/10

Premium valuation, high expectations priced in

Altman Z-ScoreHealth
0.362/10

Distress zone — elevated risk

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 : NSA

The strongest argument for NSA centers on Operating Margin, EPS Growth, Revenue Growth. Revenue growth of 18.0% demonstrates continued momentum.

Bear Case : CCI

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

Bear Case : NSA

The primary concerns for NSA are PEG Ratio, Return on Equity, P/E Ratio. A P/E of 60.1x leaves little room for execution misses. Debt-to-equity of 3.52 is elevated, increasing financial risk.

Key Dynamics to Monitor

CCI profiles as a declining stock while NSA is a growth play — different risk/reward profiles.

NSA carries more volatility with a beta of 1.11 — expect wider price swings.

NSA is growing revenue faster at 18.0% — sustainability is the question.

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

Bottom Line

NSA scores higher overall (57/100 vs 51/100) and 18.0% revenue growth. 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.

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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National Storage Affiliates Trust

REAL ESTATE · REIT - INDUSTRIAL · USA

National Storage Affiliates Trust is a Maryland real estate investment trust focused on the ownership, operation and acquisition of storage properties located within the top 100 metropolitan statistical areas of the United States.

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