COPT Defense Properties (CDP)vsOrion Office Reit Inc (ONL)
CDP
COPT Defense Properties
$36.95
-0.89%
REAL ESTATE · Cap: $4.38B
ONL
Orion Office Reit Inc
$2.87
+1.41%
REAL ESTATE · Cap: $160.26M
Smart Verdict
WallStSmart Research — data-driven comparison
COPT Defense Properties generates 501% more annual revenue ($788.06M vs $131.09M). CDP leads profitability with a 20.8% profit margin vs -71.6%. CDP earns a higher WallStSmart Score of 66/100 (B-).
CDP
Strong Buy66
out of 100
Grade: B-
ONL
Hold36
out of 100
Grade: F
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
+18.4%
Fair Value
$39.70
Current Price
$36.95
$2.75 discount
Margin of Safety
+35.6%
Fair Value
$4.02
Current Price
$2.87
$1.15 discount
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Strong operational efficiency at 32.2%
Keeps 21 of every $100 in revenue as profit
Reasonable price relative to book value
Reasonable price relative to book value
Areas to Watch
Moderate valuation
3.9% revenue growth
Elevated debt levels
Weak financial health signals
0.0% earnings growth
Smaller company, higher risk/reward
Weak financial health signals
ROE of -23.6% — below average capital efficiency
Comparative Analysis Report
WallStSmart ResearchBull Case : CDP
The strongest argument for CDP centers on Operating Margin, Profit Margin, Price/Book. Profitability is solid with margins at 20.8% and operating margin at 32.2%. PEG of 1.03 suggests the stock is reasonably priced for its growth.
Bull Case : ONL
The strongest argument for ONL centers on Price/Book.
Bear Case : CDP
The primary concerns for CDP are P/E Ratio, Revenue Growth, Debt/Equity. Debt-to-equity of 1.75 is elevated, increasing financial risk.
Bear Case : ONL
The primary concerns for ONL are EPS Growth, Market Cap, Piotroski F-Score.
Key Dynamics to Monitor
CDP profiles as a value stock while ONL is a turnaround play — different risk/reward profiles.
ONL carries more volatility with a beta of 1.59 — expect wider price swings.
CDP is growing revenue faster at 3.9% — sustainability is the question.
CDP generates stronger free cash flow (42M), providing more financial flexibility.
Bottom Line
CDP scores higher overall (66/100 vs 36/100), backed by strong 20.8% margins. ONL offers better value entry with a 35.6% margin of safety. Both earn "Strong 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.
COPT Defense Properties
REAL ESTATE · REIT - OFFICE · USA
COPT Defense Properties (CDP) is a niche real estate investment trust (REIT) dedicated to the acquisition, development, and management of properties that serve defense and government contractors. With a strategic focus on locations near critical defense installations, CDP is well-positioned to deliver stable, long-term cash flows that align with its tenants' needs amid a dynamic geopolitical landscape. The company’s disciplined capital allocation and robust development pipeline underscore its commitment to maximizing shareholder value while actively supporting national security initiatives.
Compare with Other REIT - OFFICE Stocks
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