WallStSmart

Equity Residential (EQR)vsTPG RE Finance Trust Inc (TRTX)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Equity Residential generates 2266% more annual revenue ($3.13B vs $132.25M). TRTX leads profitability with a 43.9% profit margin vs 28.0%. TRTX trades at a lower P/E of 14.3x. TRTX earns a higher WallStSmart Score of 52/100 (C-).

EQR

Hold

49

out of 100

Grade: D+

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

TRTX

Buy

52

out of 100

Grade: C-

Growth: 2.7Profit: 7.0Value: 6.0Quality: 2.5
Piotroski: 2/9Altman Z: 0.09
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

EQROvervalued (-8.6%)

Margin of Safety

-8.6%

Fair Value

$59.55

Current Price

$63.66

$4.11 premium

UndervaluedFair: $59.55Overvalued

Intrinsic value data unavailable for TRTX.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

EQR3 strengths · Avg: 8.3/10
Profit MarginProfitability
28.0%9/10

Keeps 28 of every $100 in revenue as profit

Price/BookValuation
2.3x8/10

Reasonable price relative to book value

Operating MarginProfitability
27.9%8/10

Strong operational efficiency at 27.9%

TRTX4 strengths · Avg: 9.5/10
Price/BookValuation
0.5x10/10

Reasonable price relative to book value

Profit MarginProfitability
43.9%10/10

Keeps 44 of every $100 in revenue as profit

Operating MarginProfitability
43.5%10/10

Strong operational efficiency at 43.5%

P/E RatioValuation
14.3x8/10

Attractively priced relative to earnings

Areas to Watch

EQR4 concerns · Avg: 3.0/10
P/E RatioValuation
28.7x4/10

Moderate valuation

Revenue GrowthGrowth
2.1%4/10

2.1% revenue growth

PEG RatioValuation
8.152/10

Expensive relative to growth rate

EPS GrowthGrowth
-39.9%2/10

Earnings declined 39.9%

TRTX4 concerns · Avg: 2.8/10
Market CapQuality
$603.02M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
5.6%3/10

ROE of 5.6% — below average capital efficiency

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Revenue GrowthGrowth
-11.6%2/10

Revenue declined 11.6%

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 28.0% and operating margin at 27.9%.

Bull Case : TRTX

The strongest argument for TRTX centers on Price/Book, Profit Margin, Operating Margin. Profitability is solid with margins at 43.9% and operating margin at 43.5%.

Bear Case : EQR

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

Bear Case : TRTX

The primary concerns for TRTX are Market Cap, Return on Equity, Piotroski F-Score. Debt-to-equity of 3.36 is elevated, increasing financial risk.

Key Dynamics to Monitor

EQR profiles as a value stock while TRTX is a declining play — different risk/reward profiles.

TRTX carries more volatility with a beta of 1.47 — expect wider price swings.

EQR is growing revenue faster at 2.1% — sustainability is the question.

EQR generates stronger free cash flow (184M), providing more financial flexibility.

Bottom Line

TRTX scores higher overall (52/100 vs 49/100), backed by strong 43.9% 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.

Equity Residential

REAL ESTATE · REIT - RESIDENTIAL · USA

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

TPG RE Finance Trust Inc

REAL ESTATE · REIT - MORTGAGE · USA

TPG RE Finance Trust, Inc., a commercial real estate finance company, originates, acquires and manages commercial mortgage loans and other commercial real estate-related debt instruments in North America. The company is headquartered in New York, New York.

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