WallStSmart

Federal Realty Investment Trust (FRT)vsKite Realty Group Trust (KRG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Federal Realty Investment Trust generates 66% more annual revenue ($1.34B vs $806.85M). KRG leads profitability with a 41.8% profit margin vs 32.7%. KRG appears more attractively valued with a PEG of 3.14. KRG earns a higher WallStSmart Score of 63/100 (C+).

FRT

Buy

55

out of 100

Grade: C

Growth: 4.7Profit: 8.5Value: 6.0Quality: 3.5
Piotroski: 2/9Altman Z: 0.54

KRG

Buy

63

out of 100

Grade: C+

Growth: 5.3Profit: 7.0Value: 6.7Quality: 4.0
Piotroski: 5/9Altman Z: 0.60
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FRTUndervalued (+35.8%)

Margin of Safety

+35.8%

Fair Value

$166.65

Current Price

$114.36

$52.29 discount

UndervaluedFair: $166.65Overvalued
KRGUndervalued (+46.3%)

Margin of Safety

+46.3%

Fair Value

$45.94

Current Price

$25.89

$20.05 discount

UndervaluedFair: $45.94Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FRT2 strengths · Avg: 10.0/10
Profit MarginProfitability
32.7%10/10

Keeps 33 of every $100 in revenue as profit

Operating MarginProfitability
35.0%10/10

Strong operational efficiency at 35.0%

KRG5 strengths · Avg: 8.8/10
Profit MarginProfitability
41.8%10/10

Keeps 42 of every $100 in revenue as profit

EPS GrowthGrowth
58.0%10/10

Earnings expanding 58.0% YoY

P/E RatioValuation
16.3x8/10

Attractively priced relative to earnings

Price/BookValuation
1.8x8/10

Reasonable price relative to book value

Operating MarginProfitability
24.0%8/10

Strong operational efficiency at 24.0%

Areas to Watch

FRT4 concerns · Avg: 2.5/10
Debt/EquityHealth
1.443/10

Elevated debt levels

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

PEG RatioValuation
3.652/10

Expensive relative to growth rate

EPS GrowthGrowth
-45.6%2/10

Earnings declined 45.6%

KRG4 concerns · Avg: 2.3/10
Debt/EquityHealth
1.193/10

Elevated debt levels

PEG RatioValuation
3.142/10

Expensive relative to growth rate

Revenue GrowthGrowth
-8.0%2/10

Revenue declined 8.0%

Altman Z-ScoreHealth
0.602/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : FRT

The strongest argument for FRT centers on Profit Margin, Operating Margin. Profitability is solid with margins at 32.7% and operating margin at 35.0%.

Bull Case : KRG

The strongest argument for KRG centers on Profit Margin, EPS Growth, P/E Ratio. Profitability is solid with margins at 41.8% and operating margin at 24.0%.

Bear Case : FRT

The primary concerns for FRT are Debt/Equity, Piotroski F-Score, PEG Ratio.

Bear Case : KRG

The primary concerns for KRG are Debt/Equity, PEG Ratio, Revenue Growth.

Key Dynamics to Monitor

FRT profiles as a mature stock while KRG is a declining play — different risk/reward profiles.

FRT carries more volatility with a beta of 0.92 — expect wider price swings.

FRT is growing revenue faster at 7.2% — sustainability is the question.

FRT generates stronger free cash flow (118M), providing more financial flexibility.

Bottom Line

KRG scores higher overall (63/100 vs 55/100), backed by strong 41.8% margins. FRT offers better value entry with a 35.8% margin of safety. 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.

Federal Realty Investment Trust

REAL ESTATE · REIT - RETAIL · USA

Federal Realty Investment Trust is a real estate investment trust that invests in shopping centers in the Northeastern United States, the Mid-Atlantic states, California, and South Florida.

Kite Realty Group Trust

REAL ESTATE · REIT - RETAIL · USA

Kite Realty Group Trust is a vertically integrated, full-service real estate investment trust (REIT) that provides communities with convenient and beneficial shopping experiences.

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