WallStSmart

First Industrial Realty Trust Inc (FR)vsPure Storage Inc (PSTG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Pure Storage Inc generates 403% more annual revenue ($3.66B vs $727.56M). FR leads profitability with a 34.0% profit margin vs 5.1%. PSTG appears more attractively valued with a PEG of 1.33. PSTG earns a higher WallStSmart Score of 59/100 (C).

FR

Buy

58

out of 100

Grade: C

Growth: 7.3Profit: 8.0Value: 3.3Quality: 5.0

PSTG

Buy

59

out of 100

Grade: C

Growth: 8.0Profit: 5.0Value: 3.3Quality: 5.3
Piotroski: 4/9Altman Z: 1.22
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FRFair Value (-0.9%)

Margin of Safety

-0.9%

Fair Value

$58.82

Current Price

$57.18

$1.64 premium

UndervaluedFair: $58.82Overvalued
PSTGSignificantly Overvalued (-195.4%)

Margin of Safety

-195.4%

Fair Value

$25.74

Current Price

$58.98

$33.24 premium

UndervaluedFair: $25.74Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FR3 strengths · Avg: 9.3/10
Profit MarginProfitability
34.0%10/10

Keeps 34 of every $100 in revenue as profit

Operating MarginProfitability
42.1%10/10

Strong operational efficiency at 42.1%

Price/BookValuation
2.8x8/10

Reasonable price relative to book value

PSTG2 strengths · Avg: 9.0/10
EPS GrowthGrowth
139.7%10/10

Earnings expanding 139.7% YoY

Revenue GrowthGrowth
20.4%8/10

Revenue surging 20.4% year-over-year

Areas to Watch

FR3 concerns · Avg: 2.7/10
P/E RatioValuation
30.8x4/10

Premium valuation, high expectations priced in

PEG RatioValuation
3.742/10

Expensive relative to growth rate

Free Cash FlowQuality
$-508.18M2/10

Negative free cash flow — burning cash

PSTG4 concerns · Avg: 2.8/10
Price/BookValuation
13.5x4/10

Trading at 13.5x book value

Profit MarginProfitability
5.1%3/10

5.1% margin — thin

P/E RatioValuation
107.2x2/10

Premium valuation, high expectations priced in

Altman Z-ScoreHealth
1.222/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : FR

The strongest argument for FR centers on Profit Margin, Operating Margin, Price/Book. Profitability is solid with margins at 34.0% and operating margin at 42.1%.

Bull Case : PSTG

The strongest argument for PSTG centers on EPS Growth, Revenue Growth. Revenue growth of 20.4% demonstrates continued momentum. PEG of 1.33 suggests the stock is reasonably priced for its growth.

Bear Case : FR

The primary concerns for FR are P/E Ratio, PEG Ratio, Free Cash Flow.

Bear Case : PSTG

The primary concerns for PSTG are Price/Book, Profit Margin, P/E Ratio. A P/E of 107.2x leaves little room for execution misses.

Key Dynamics to Monitor

FR profiles as a mature stock while PSTG is a growth play — different risk/reward profiles.

PSTG carries more volatility with a beta of 1.33 — expect wider price swings.

PSTG is growing revenue faster at 20.4% — sustainability is the question.

PSTG generates stronger free cash flow (201M), providing more financial flexibility.

Bottom Line

PSTG scores higher overall (59/100 vs 58/100) and 20.4% revenue growth. 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.

First Industrial Realty Trust Inc

REAL ESTATE · REIT - INDUSTRIAL · USA

First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated industrial real estate owner, operator, and developer with a history of providing industry-leading customer service to multinational corporations and regional clients.

Pure Storage Inc

TECHNOLOGY · COMPUTER HARDWARE · USA

Pure Storage, Inc. provides data storage technology and solutions in the United States and internationally. The company is headquartered in Mountain View, California.

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