Extra Space Storage Inc (EXR)vsVornado Realty Trust (VNO)
EXR
Extra Space Storage Inc
$152.85
+0.42%
REAL ESTATE · Cap: $32.70B
VNO
Vornado Realty Trust
$40.65
+1.47%
REAL ESTATE · Cap: $8.14B
Smart Verdict
WallStSmart Research — data-driven comparison
Extra Space Storage Inc generates 88% more annual revenue ($3.48B vs $1.85B). VNO leads profitability with a 42.9% profit margin vs 27.1%. VNO appears more attractively valued with a PEG of 2.20. VNO earns a higher WallStSmart Score of 61/100 (C+).
EXR
Buy51
out of 100
Grade: C-
VNO
Buy61
out of 100
Grade: C+
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
-7.2%
Fair Value
$132.86
Current Price
$152.85
$19.99 premium
Margin of Safety
+33.2%
Fair Value
$45.30
Current Price
$40.65
$4.65 discount
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Strong operational efficiency at 44.0%
Keeps 27 of every $100 in revenue as profit
Reasonable price relative to book value
Attractively priced relative to earnings
Keeps 43 of every $100 in revenue as profit
Earnings expanding 1263.0% YoY
Reasonable price relative to book value
Areas to Watch
Premium valuation, high expectations priced in
3.8% revenue growth
ROE of 7.2% — below average capital efficiency
Elevated debt levels
Expensive relative to growth rate
Elevated debt levels
Revenue declined 2.2%
Distress zone — elevated risk
Comparative Analysis Report
WallStSmart ResearchBull Case : EXR
The strongest argument for EXR centers on Operating Margin, Profit Margin, Price/Book. Profitability is solid with margins at 27.1% and operating margin at 44.0%.
Bull Case : VNO
The strongest argument for VNO centers on P/E Ratio, Profit Margin, EPS Growth. Profitability is solid with margins at 42.9% and operating margin at 13.7%.
Bear Case : EXR
The primary concerns for EXR are P/E Ratio, Revenue Growth, Return on Equity.
Bear Case : VNO
The primary concerns for VNO are PEG Ratio, Debt/Equity, Revenue Growth.
Key Dynamics to Monitor
EXR profiles as a value stock while VNO is a declining play — different risk/reward profiles.
VNO carries more volatility with a beta of 1.53 — expect wider price swings.
EXR is growing revenue faster at 3.8% — sustainability is the question.
EXR generates stronger free cash flow (386M), providing more financial flexibility.
Bottom Line
VNO scores higher overall (61/100 vs 51/100), backed by strong 42.9% margins. Both earn "Buy" and "Buy" 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.
Visit Website →Vornado Realty Trust
REAL ESTATE · REIT - OFFICE · USA
Vornado Realty Trust is a real estate investment trust formed in Maryland, with its primary office in New York City. The company invests in office buildings and street retail in Manhattan.
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