WallStSmart

Eerly Govt Ppty Inc (DEA)vsVornado Realty Trust (VNO)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Vornado Realty Trust generates 444% more annual revenue ($1.86B vs $342.88M). VNO leads profitability with a 48.5% profit margin vs 3.8%. VNO trades at a lower P/E of 6.2x. VNO earns a higher WallStSmart Score of 61/100 (C+).

DEA

Hold

48

out of 100

Grade: D+

Growth: 4.0Profit: 5.5Value: 3.0Quality: 5.0

VNO

Buy

61

out of 100

Grade: C+

Growth: 5.3Profit: 6.5Value: 7.3Quality: 4.8
Piotroski: 4/9Altman Z: 0.45
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

DEASignificantly Overvalued (-1213.0%)

Margin of Safety

-1213.0%

Fair Value

$1.84

Current Price

$21.72

$19.88 premium

UndervaluedFair: $1.84Overvalued
VNOUndervalued (+84.6%)

Margin of Safety

+84.6%

Fair Value

$196.56

Current Price

$25.98

$170.58 discount

UndervaluedFair: $196.56Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

DEA2 strengths · Avg: 9.0/10
Price/BookValuation
0.8x10/10

Reasonable price relative to book value

Operating MarginProfitability
25.8%8/10

Strong operational efficiency at 25.8%

VNO3 strengths · Avg: 10.0/10
P/E RatioValuation
6.2x10/10

Attractively priced relative to earnings

Price/BookValuation
1.0x10/10

Reasonable price relative to book value

Profit MarginProfitability
48.5%10/10

Keeps 49 of every $100 in revenue as profit

Areas to Watch

DEA4 concerns · Avg: 2.8/10
Market CapQuality
$1.13B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
1.0%3/10

ROE of 1.0% — below average capital efficiency

Profit MarginProfitability
3.8%3/10

3.8% margin — thin

P/E RatioValuation
80.8x2/10

Premium valuation, high expectations priced in

VNO4 concerns · Avg: 2.0/10
PEG RatioValuation
7.372/10

Expensive relative to growth rate

Revenue GrowthGrowth
-8.1%2/10

Revenue declined 8.1%

Free Cash FlowQuality
$-563.27M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
0.452/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : DEA

The strongest argument for DEA centers on Price/Book, Operating Margin. Revenue growth of 10.8% demonstrates continued momentum.

Bull Case : VNO

The strongest argument for VNO centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 48.5% and operating margin at 13.6%.

Bear Case : DEA

The primary concerns for DEA are Market Cap, Return on Equity, Profit Margin. A P/E of 80.8x leaves little room for execution misses. Thin 3.8% margins leave little buffer for downturns.

Bear Case : VNO

The primary concerns for VNO are PEG Ratio, Revenue Growth, Free Cash Flow.

Key Dynamics to Monitor

DEA profiles as a value stock while VNO is a declining play — different risk/reward profiles.

VNO carries more volatility with a beta of 1.53 — expect wider price swings.

DEA is growing revenue faster at 10.8% — sustainability is the question.

DEA generates stronger free cash flow (42M), providing more financial flexibility.

Bottom Line

VNO scores higher overall (61/100 vs 48/100), backed by strong 48.5% 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.

Eerly Govt Ppty Inc

REAL ESTATE · REIT - OFFICE · USA

Easterly Government Properties, Inc. (NYSE: DEA) is headquartered in Washington, DC and focuses primarily on the acquisition, development, and management of Class A commercial properties that are leased to the US government.

Vornado Realty Trust

REAL ESTATE · REIT - OFFICE · USA

Vornado Realty Trust is a real estate investment trust formed in Maryland, with its primary office in New York City. The company invests in office buildings and street retail in Manhattan.

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