WallStSmart

First Industrial Realty Trust Inc (FR)vsAT&T Inc. 5.35% GLB NTS 66 (TBB)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

FR leads profitability with a 47.9% profit margin vs 0.0%. TBB trades at a lower P/E of 3.8x. FR earns a higher WallStSmart Score of 64/100 (C+).

FR

Buy

64

out of 100

Grade: C+

Growth: 8.0Profit: 8.0Value: 3.3Quality: 3.5
Piotroski: 3/9Altman Z: 0.98

TBB

Avoid

25

out of 100

Grade: F

Growth: 4.0Profit: 5.0Value: 6.7Quality: 3.5
Piotroski: 5/9Altman Z: 0.87
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FRSignificantly Overvalued (-37.3%)

Margin of Safety

-37.3%

Fair Value

$43.24

Current Price

$61.38

$18.14 premium

UndervaluedFair: $43.24Overvalued

Intrinsic value data unavailable for TBB.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FR4 strengths · Avg: 9.0/10
Profit MarginProfitability
47.9%10/10

Keeps 48 of every $100 in revenue as profit

Operating MarginProfitability
45.1%10/10

Strong operational efficiency at 45.1%

Price/BookValuation
2.9x8/10

Reasonable price relative to book value

EPS GrowthGrowth
39.3%8/10

Earnings expanding 39.3% YoY

TBB3 strengths · Avg: 9.0/10
P/E RatioValuation
3.8x10/10

Attractively priced relative to earnings

Market CapQuality
$132.56B9/10

Large-cap with strong market position

Free Cash FlowQuality
$5.17B8/10

Generating 5.2B in free cash flow

Areas to Watch

FR3 concerns · Avg: 2.3/10
Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
3.742/10

Expensive relative to growth rate

Altman Z-ScoreHealth
0.982/10

Distress zone — elevated risk

TBB4 concerns · Avg: 3.5/10
Revenue GrowthGrowth
0.0%4/10

0.0% revenue growth

EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Profit MarginProfitability
0.0%3/10

0.0% margin — thin

Operating MarginProfitability
0.0%3/10

Operating margin of 0.0%

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 47.9% and operating margin at 45.1%.

Bull Case : TBB

The strongest argument for TBB centers on P/E Ratio, Market Cap, Free Cash Flow.

Bear Case : FR

The primary concerns for FR are Piotroski F-Score, PEG Ratio, Altman Z-Score.

Bear Case : TBB

The primary concerns for TBB are Revenue Growth, EPS Growth, Profit Margin.

Key Dynamics to Monitor

FR profiles as a mature stock while TBB is a value play — different risk/reward profiles.

FR is growing revenue faster at 8.4% — sustainability is the question.

TBB generates stronger free cash flow (5.2B), providing more financial flexibility.

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

Bottom Line

FR scores higher overall (64/100 vs 25/100), backed by strong 47.9% margins. Both earn "Buy" and "Avoid" 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.

AT&T Inc. 5.35% GLB NTS 66

REAL ESTATE · REIT - RESIDENTIAL · USA

AT&T Inc. provides digital entertainment communications and services. The company is headquartered in Dallas, Texas.

Want to dig deeper into these stocks?