WallStSmart

Extra Space Storage Inc (EXR)vsTranscontinental Realty Investors (TCI)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Extra Space Storage Inc generates 6925% more annual revenue ($3.45B vs $49.06M). EXR leads profitability with a 28.3% profit margin vs 28.1%. TCI trades at a lower P/E of 23.5x. EXR earns a higher WallStSmart Score of 57/100 (C).

EXR

Buy

57

out of 100

Grade: C

Growth: 6.7Profit: 7.5Value: 4.0Quality: 3.5
Piotroski: 3/9Altman Z: 0.90

TCI

Hold

46

out of 100

Grade: D+

Growth: 7.3Profit: 4.5Value: 4.3Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

EXRUndervalued (+4.1%)

Margin of Safety

+4.1%

Fair Value

$148.56

Current Price

$143.33

$5.23 discount

UndervaluedFair: $148.56Overvalued
TCISignificantly Overvalued (-40.3%)

Margin of Safety

-40.3%

Fair Value

$38.90

Current Price

$35.42

$3.48 premium

UndervaluedFair: $38.90Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

EXR3 strengths · Avg: 9.0/10
Operating MarginProfitability
44.5%10/10

Strong operational efficiency at 44.5%

Profit MarginProfitability
28.3%9/10

Keeps 28 of every $100 in revenue as profit

Price/BookValuation
2.3x8/10

Reasonable price relative to book value

TCI3 strengths · Avg: 9.7/10
Price/BookValuation
0.4x10/10

Reasonable price relative to book value

EPS GrowthGrowth
11134.0%10/10

Earnings expanding 11134.0% YoY

Profit MarginProfitability
28.1%9/10

Keeps 28 of every $100 in revenue as profit

Areas to Watch

EXR4 concerns · Avg: 3.5/10
P/E RatioValuation
30.7x4/10

Premium valuation, high expectations priced in

Revenue GrowthGrowth
4.6%4/10

4.6% revenue growth

Return on EquityProfitability
7.0%3/10

ROE of 7.0% — below average capital efficiency

Debt/EquityHealth
1.003/10

Elevated debt levels

TCI4 concerns · Avg: 3.0/10
Revenue GrowthGrowth
3.3%4/10

3.3% revenue growth

Market CapQuality
$325.18M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
1.7%3/10

ROE of 1.7% — below average capital efficiency

Free Cash FlowQuality
$-12.05M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : EXR

The strongest argument for EXR centers on Operating Margin, Profit Margin, Price/Book. Profitability is solid with margins at 28.3% and operating margin at 44.5%.

Bull Case : TCI

The strongest argument for TCI centers on Price/Book, EPS Growth, Profit Margin. Profitability is solid with margins at 28.1% and operating margin at -28.9%.

Bear Case : EXR

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

Bear Case : TCI

The primary concerns for TCI are Revenue Growth, Market Cap, Return on Equity.

Key Dynamics to Monitor

EXR carries more volatility with a beta of 1.27 — expect wider price swings.

EXR is growing revenue faster at 4.6% — sustainability is the question.

EXR generates stronger free cash flow (362M), providing more financial flexibility.

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

Bottom Line

EXR scores higher overall (57/100 vs 46/100), backed by strong 28.3% 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.

Extra Space Storage Inc

REAL ESTATE · REIT - INDUSTRIAL · USA

Extra Space Storage is a real estate investment trust headquartered in Cottonwood Heights, Utah that invests in self storage units.

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Transcontinental Realty Investors

REAL ESTATE · REAL ESTATE SERVICES · USA

Transcontinental Realty Investors, Inc., a Dallas-based real estate investment company, has a diverse portfolio of capital real estate located throughout the United States, including apartments, office buildings, shopping centers, and urbanized and undeveloped land.

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