WallStSmart

Digital Realty Trust Inc (DLR)vsSBA Communications Corp (SBAC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Digital Realty Trust Inc generates 135% more annual revenue ($6.76B vs $2.87B). SBAC leads profitability with a 34.5% profit margin vs 11.8%. SBAC appears more attractively valued with a PEG of 10.37. DLR earns a higher WallStSmart Score of 49/100 (D+).

DLR

Hold

49

out of 100

Grade: D+

Growth: 5.3Profit: 6.0Value: 2.0Quality: 4.5
Piotroski: 5/9Altman Z: 0.75

SBAC

Hold

47

out of 100

Grade: D+

Growth: 3.3Profit: 8.0Value: 4.7Quality: 5.0
Piotroski: 5/9Altman Z: -0.26
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

DLRSignificantly Overvalued (-48.8%)

Margin of Safety

-48.8%

Fair Value

$117.34

Current Price

$185.65

$68.31 premium

UndervaluedFair: $117.34Overvalued
SBACUndervalued (+0.6%)

Margin of Safety

+0.6%

Fair Value

$192.16

Current Price

$176.28

$15.88 discount

UndervaluedFair: $192.16Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

DLR4 strengths · Avg: 8.3/10
Market CapQuality
$71.22B9/10

Large-cap with strong market position

Price/BookValuation
2.6x8/10

Reasonable price relative to book value

Operating MarginProfitability
25.9%8/10

Strong operational efficiency at 25.9%

Revenue GrowthGrowth
29.9%8/10

Revenue surging 29.9% year-over-year

SBAC3 strengths · Avg: 10.0/10
Profit MarginProfitability
34.5%10/10

Keeps 35 of every $100 in revenue as profit

Operating MarginProfitability
52.2%10/10

Strong operational efficiency at 52.2%

Debt/EquityHealth
-3.2810/10

Conservative balance sheet, low leverage

Areas to Watch

DLR4 concerns · Avg: 2.3/10
Return on EquityProfitability
2.9%3/10

ROE of 2.9% — below average capital efficiency

PEG RatioValuation
11.972/10

Expensive relative to growth rate

P/E RatioValuation
90.2x2/10

Premium valuation, high expectations priced in

EPS GrowthGrowth
-58.7%2/10

Earnings declined 58.7%

SBAC4 concerns · Avg: 2.8/10
Revenue GrowthGrowth
2.3%4/10

2.3% revenue growth

Return on EquityProfitability
0.0%3/10

ROE of 0.0% — below average capital efficiency

PEG RatioValuation
10.372/10

Expensive relative to growth rate

EPS GrowthGrowth
-10.5%2/10

Earnings declined 10.5%

Comparative Analysis Report

WallStSmart Research

Bull Case : DLR

The strongest argument for DLR centers on Market Cap, Price/Book, Operating Margin. Revenue growth of 29.9% demonstrates continued momentum.

Bull Case : SBAC

The strongest argument for SBAC centers on Profit Margin, Operating Margin, Debt/Equity. Profitability is solid with margins at 34.5% and operating margin at 52.2%.

Bear Case : DLR

The primary concerns for DLR are Return on Equity, PEG Ratio, P/E Ratio. A P/E of 90.2x leaves little room for execution misses.

Bear Case : SBAC

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

Key Dynamics to Monitor

DLR profiles as a growth stock while SBAC is a value play — different risk/reward profiles.

DLR carries more volatility with a beta of 1.04 — expect wider price swings.

DLR is growing revenue faster at 29.9% — sustainability is the question.

SBAC generates stronger free cash flow (345M), providing more financial flexibility.

Bottom Line

DLR scores higher overall (49/100 vs 47/100) and 29.9% revenue growth. Both earn "Hold" 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.

Digital Realty Trust Inc

REAL ESTATE · REIT - SPECIALTY · USA

Digital Realty Trust, Inc. is a real estate investment trust that invests in carrier-neutral data centers and provides colocation and peering services.

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SBA Communications Corp

REAL ESTATE · REIT - SPECIALTY · USA

SBA Communications Corporation is a real estate investment trust which owns and operates wireless infrastructure in the United States, Canada, Central America, South America, and South Africa.

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