WallStSmart

Equity Residential (EQR)vsMillrose Properties, Inc. (MRP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Equity Residential generates 337% more annual revenue ($3.11B vs $712.69M). MRP leads profitability with a 65.0% profit margin vs 30.6%. MRP trades at a lower P/E of 10.5x. MRP earns a higher WallStSmart Score of 73/100 (B).

EQR

Hold

49

out of 100

Grade: D+

Growth: 3.3Profit: 7.5Value: 4.0Quality: 4.5
Piotroski: 4/9Altman Z: 1.11

MRP

Strong Buy

73

out of 100

Grade: B

Growth: 8.3Profit: 7.5Value: 6.7Quality: 6.5
Piotroski: 3/9Altman Z: 1.29
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

EQROvervalued (-9.0%)

Margin of Safety

-9.0%

Fair Value

$59.30

Current Price

$67.12

$7.82 premium

UndervaluedFair: $59.30Overvalued

Intrinsic value data unavailable for MRP.

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
2.4x8/10

Reasonable price relative to book value

Operating MarginProfitability
27.4%8/10

Strong operational efficiency at 27.4%

MRP6 strengths · Avg: 10.0/10
P/E RatioValuation
10.5x10/10

Attractively priced relative to earnings

Price/BookValuation
0.8x10/10

Reasonable price relative to book value

Profit MarginProfitability
65.0%10/10

Keeps 65 of every $100 in revenue as profit

Operating MarginProfitability
85.2%10/10

Strong operational efficiency at 85.2%

Revenue GrowthGrowth
135.7%10/10

Revenue surging 135.7% year-over-year

EPS GrowthGrowth
89.7%10/10

Earnings expanding 89.7% YoY

Areas to Watch

EQR4 concerns · Avg: 3.0/10
P/E RatioValuation
27.6x4/10

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%

MRP3 concerns · Avg: 2.7/10
Return on EquityProfitability
7.9%3/10

ROE of 7.9% — below average capital efficiency

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Altman Z-ScoreHealth
1.292/10

Distress zone — elevated risk

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 : MRP

The strongest argument for MRP centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 65.0% and operating margin at 85.2%. Revenue growth of 135.7% demonstrates continued momentum.

Bear Case : EQR

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

Bear Case : MRP

The primary concerns for MRP are Return on Equity, Piotroski F-Score, Altman Z-Score.

Key Dynamics to Monitor

EQR profiles as a value stock while MRP is a growth play — different risk/reward profiles.

MRP is growing revenue faster at 135.7% — sustainability is the question.

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

Bottom Line

MRP scores higher overall (73/100 vs 49/100), backed by strong 65.0% margins and 135.7% revenue growth. 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.

Equity Residential

REAL ESTATE · REIT - RESIDENTIAL · USA

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

Millrose Properties, Inc.

REAL ESTATE · REIT - RESIDENTIAL · USA

Millrose Properties, Inc. (MRP) is a premier real estate investment and development firm focused on creating dynamic residential and commercial environments in high-demand urban markets. With a strong commitment to sustainability and community involvement, MRP strategically capitalizes on growth opportunities that resonate with current market trends. Supported by an experienced management team and cutting-edge operational tactics, the company features a diverse portfolio and exceptional property management capabilities, making it an attractive choice for institutional investors aiming for solid financial returns while contributing positively to community development.

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