WallStSmart

COPT Defense Properties (CDP)vsSL Green Realty Corp (SLG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

SL Green Realty Corp generates 20% more annual revenue ($937.37M vs $780.54M). CDP leads profitability with a 20.0% profit margin vs -16.2%. CDP appears more attractively valued with a PEG of 1.03. CDP earns a higher WallStSmart Score of 64/100 (C+).

CDP

Buy

64

out of 100

Grade: C+

Growth: 5.3Profit: 7.5Value: 6.7Quality: 4.0
Piotroski: 2/9Altman Z: 0.42

SLG

Hold

37

out of 100

Grade: F

Growth: 3.3Profit: 3.0Value: 5.3Quality: 4.0
Piotroski: 2/9Altman Z: 0.43
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CDPUndervalued (+17.7%)

Margin of Safety

+17.7%

Fair Value

$39.35

Current Price

$38.08

$1.27 discount

UndervaluedFair: $39.35Overvalued

Intrinsic value data unavailable for SLG.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CDP3 strengths · Avg: 8.3/10
Profit MarginProfitability
20.0%9/10

Keeps 20 of every $100 in revenue as profit

Price/BookValuation
2.8x8/10

Reasonable price relative to book value

Operating MarginProfitability
29.6%8/10

Strong operational efficiency at 29.6%

SLG1 strengths · Avg: 10.0/10
Price/BookValuation
1.2x10/10

Reasonable price relative to book value

Areas to Watch

CDP4 concerns · Avg: 2.8/10
P/E RatioValuation
27.5x4/10

Moderate valuation

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Free Cash FlowQuality
$-102.65M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
0.422/10

Distress zone — elevated risk

SLG4 concerns · Avg: 2.8/10
Operating MarginProfitability
1.3%3/10

Operating margin of 1.3%

Debt/EquityHealth
1.513/10

Elevated debt levels

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Return on EquityProfitability
-3.5%2/10

ROE of -3.5% — below average capital efficiency

Comparative Analysis Report

WallStSmart Research

Bull Case : CDP

The strongest argument for CDP centers on Profit Margin, Price/Book, Operating Margin. Profitability is solid with margins at 20.0% and operating margin at 29.6%. PEG of 1.03 suggests the stock is reasonably priced for its growth.

Bull Case : SLG

The strongest argument for SLG centers on Price/Book. PEG of 1.30 suggests the stock is reasonably priced for its growth.

Bear Case : CDP

The primary concerns for CDP are P/E Ratio, Piotroski F-Score, Free Cash Flow.

Bear Case : SLG

The primary concerns for SLG are Operating Margin, Debt/Equity, Piotroski F-Score. Debt-to-equity of 1.51 is elevated, increasing financial risk.

Key Dynamics to Monitor

CDP profiles as a mature stock while SLG is a turnaround play — different risk/reward profiles.

SLG carries more volatility with a beta of 1.57 — expect wider price swings.

CDP is growing revenue faster at 7.3% — sustainability is the question.

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

Bottom Line

CDP scores higher overall (64/100 vs 37/100), backed by strong 20.0% margins. 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.

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.

SL Green Realty Corp

REAL ESTATE · REIT - OFFICE · USA

SL Green Realty Corp.

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