WallStSmart

COPT Defense Properties (CDP)vsKilroy Realty Corp (KRC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Kilroy Realty Corp generates 45% more annual revenue ($1.11B vs $766.73M). KRC leads profitability with a 24.8% profit margin vs 19.9%. CDP appears more attractively valued with a PEG of 1.03. CDP earns a higher WallStSmart Score of 62/100 (C+).

CDP

Buy

62

out of 100

Grade: C+

Growth: 7.3Profit: 7.5Value: 7.3Quality: 4.5
Piotroski: 4/9Altman Z: 0.41

KRC

Buy

60

out of 100

Grade: C

Growth: 4.7Profit: 6.0Value: 7.3Quality: 7.5
Piotroski: 4/9Altman Z: 1.11
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CDPSignificantly Overvalued (-35.5%)

Margin of Safety

-35.5%

Fair Value

$23.91

Current Price

$31.20

$7.29 premium

UndervaluedFair: $23.91Overvalued
KRCSignificantly Overvalued (-110.6%)

Margin of Safety

-110.6%

Fair Value

$15.30

Current Price

$28.21

$12.91 premium

UndervaluedFair: $15.30Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CDP2 strengths · Avg: 8.0/10
Price/BookValuation
2.3x8/10

Reasonable price relative to book value

Operating MarginProfitability
29.6%8/10

Strong operational efficiency at 29.6%

KRC4 strengths · Avg: 8.8/10
Price/BookValuation
0.6x10/10

Reasonable price relative to book value

Profit MarginProfitability
24.8%9/10

Keeps 25 of every $100 in revenue as profit

P/E RatioValuation
12.5x8/10

Attractively priced relative to earnings

Operating MarginProfitability
23.2%8/10

Strong operational efficiency at 23.2%

Areas to Watch

CDP1 concerns · Avg: 2.0/10
Altman Z-ScoreHealth
0.412/10

Distress zone — elevated risk

KRC4 concerns · Avg: 2.8/10
PEG RatioValuation
1.824/10

Expensive relative to growth rate

Return on EquityProfitability
5.4%3/10

ROE of 5.4% — below average capital efficiency

Revenue GrowthGrowth
-5.0%2/10

Revenue declined 5.0%

EPS GrowthGrowth
-79.0%2/10

Earnings declined 79.0%

Comparative Analysis Report

WallStSmart Research

Bull Case : CDP

The strongest argument for CDP centers on Price/Book, Operating Margin. Profitability is solid with margins at 19.9% and operating margin at 29.6%. PEG of 1.03 suggests the stock is reasonably priced for its growth.

Bull Case : KRC

The strongest argument for KRC centers on Price/Book, Profit Margin, P/E Ratio. Profitability is solid with margins at 24.8% and operating margin at 23.2%.

Bear Case : CDP

The primary concerns for CDP are Altman Z-Score.

Bear Case : KRC

The primary concerns for KRC are PEG Ratio, Return on Equity, Revenue Growth.

Key Dynamics to Monitor

CDP profiles as a mature stock while KRC is a declining play — different risk/reward profiles.

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

CDP is growing revenue faster at 7.6% — sustainability is the question.

CDP generates stronger free cash flow (61M), providing more financial flexibility.

Bottom Line

CDP scores higher overall (62/100 vs 60/100), backed by strong 19.9% margins. 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.

COPT Defense Properties

REAL ESTATE · REIT - OFFICE · USA

COPT Defense Properties (CDP) is a specialized real estate investment trust (REIT) that focuses on the acquisition, development, and management of properties designed for defense and government contractors. Positioned strategically near key defense installations, CDP is committed to generating stable, long-term cash flows through its diversified portfolio, which is tailored to meet the evolving needs of its tenants. With a disciplined approach to capital allocation and a robust development pipeline, the company aims to enhance shareholder value while supporting the national security infrastructure.

Kilroy Realty Corp

REAL ESTATE · REIT - OFFICE · USA

Kilroy Realty Corporation (NYSE: KRC, the?

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