WallStSmart

Equity Residential (EQR)vsMid-America Apartment Communities Inc (MAA)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Equity Residential generates 41% more annual revenue ($3.11B vs $2.21B). EQR leads profitability with a 30.6% profit margin vs 17.6%. MAA appears more attractively valued with a PEG of 7.03. MAA earns a higher WallStSmart Score of 50/100 (D+).

EQR

Hold

49

out of 100

Grade: D+

Growth: 3.3Profit: 7.5Value: 4.7Quality: 4.3
Piotroski: 4/9Altman Z: 1.16

MAA

Hold

50

out of 100

Grade: D+

Growth: 3.3Profit: 7.0Value: 3.3Quality: 3.3
Piotroski: 2/9Altman Z: 0.78
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

EQRUndervalued (+4.7%)

Margin of Safety

+4.7%

Fair Value

$67.84

Current Price

$63.88

$3.96 discount

UndervaluedFair: $67.84Overvalued
MAAFair Value (-4.4%)

Margin of Safety

-4.4%

Fair Value

$130.28

Current Price

$125.71

$4.57 premium

UndervaluedFair: $130.28Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

EQR3 strengths · Avg: 8.7/10
Profit MarginProfitability
30.6%10/10

Keeps 31 of every $100 in revenue as profit

Price/BookValuation
2.2x8/10

Reasonable price relative to book value

Operating MarginProfitability
27.4%8/10

Strong operational efficiency at 27.4%

MAA2 strengths · Avg: 8.0/10
Price/BookValuation
2.6x8/10

Reasonable price relative to book value

Operating MarginProfitability
26.6%8/10

Strong operational efficiency at 26.6%

Areas to Watch

EQR4 concerns · Avg: 3.0/10
P/E RatioValuation
26.5x4/10

Moderate valuation

Revenue GrowthGrowth
2.5%4/10

2.5% revenue growth

PEG RatioValuation
8.152/10

Expensive relative to growth rate

EPS GrowthGrowth
-64.6%2/10

Earnings declined 64.6%

MAA4 concerns · Avg: 3.5/10
P/E RatioValuation
39.4x4/10

Premium valuation, high expectations priced in

Revenue GrowthGrowth
0.8%4/10

0.8% revenue growth

Return on EquityProfitability
6.7%3/10

ROE of 6.7% — below average capital efficiency

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : EQR

The strongest argument for EQR centers on Profit Margin, Price/Book, Operating Margin. Profitability is solid with margins at 30.6% and operating margin at 27.4%.

Bull Case : MAA

The strongest argument for MAA centers on Price/Book, Operating Margin. Profitability is solid with margins at 17.6% and operating margin at 26.6%.

Bear Case : EQR

The primary concerns for EQR are P/E Ratio, Revenue Growth, PEG Ratio.

Bear Case : MAA

The primary concerns for MAA are P/E Ratio, Revenue Growth, Return on Equity.

Key Dynamics to Monitor

EQR carries more volatility with a beta of 0.77 — expect wider price swings.

EQR is growing revenue faster at 2.5% — sustainability is the question.

EQR generates stronger free cash flow (335M), providing more financial flexibility.

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

Bottom Line

MAA scores higher overall (50/100 vs 49/100), backed by strong 17.6% margins. 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.

Equity Residential

REAL ESTATE · REIT - RESIDENTIAL · USA

Equity Residential is a publicly traded real estate investment trust that invests in apartments.

Mid-America Apartment Communities Inc

REAL ESTATE · REIT - RESIDENTIAL · USA

Mid-America Apartment Communities (MAA) is a publicly traded real estate investment trust based in Memphis, Tennessee that invests in apartments in the Southeastern United States and the Southwestern United States.

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