WallStSmart

Greystone Housing Impact Investors LP (GHI)vsWalker & Dunlop Inc (WD)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Walker & Dunlop Inc generates 4505% more annual revenue ($1.16B vs $25.19M). WD leads profitability with a 4.9% profit margin vs -30.8%. GHI appears more attractively valued with a PEG of 1.04. WD earns a higher WallStSmart Score of 59/100 (C).

GHI

Avoid

33

out of 100

Grade: F

Growth: 2.0Profit: 3.0Value: 7.3Quality: 5.3
Piotroski: 2/9

WD

Buy

59

out of 100

Grade: C

Growth: 4.7Profit: 6.5Value: 7.3Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

GHISignificantly Overvalued (-564.7%)

Margin of Safety

-564.7%

Fair Value

$1.16

Current Price

$4.96

$3.80 premium

UndervaluedFair: $1.16Overvalued
WDSignificantly Overvalued (-21.1%)

Margin of Safety

-21.1%

Fair Value

$50.77

Current Price

$45.07

$5.70 premium

UndervaluedFair: $50.77Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

GHI1 strengths · Avg: 10.0/10
Price/BookValuation
0.4x10/10

Reasonable price relative to book value

WD1 strengths · Avg: 10.0/10
Price/BookValuation
0.9x10/10

Reasonable price relative to book value

Areas to Watch

GHI4 concerns · Avg: 3.0/10
P/E RatioValuation
31.5x4/10

Premium valuation, high expectations priced in

Market CapQuality
$126.17M3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Return on EquityProfitability
-2.0%2/10

ROE of -2.0% — below average capital efficiency

WD4 concerns · Avg: 3.5/10
P/E RatioValuation
27.5x4/10

Moderate valuation

Revenue GrowthGrowth
0.0%4/10

0.0% revenue growth

Market CapQuality
$1.54B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
3.3%3/10

ROE of 3.3% — below average capital efficiency

Comparative Analysis Report

WallStSmart Research

Bull Case : GHI

The strongest argument for GHI centers on Price/Book. PEG of 1.04 suggests the stock is reasonably priced for its growth.

Bull Case : WD

The strongest argument for WD centers on Price/Book. PEG of 1.25 suggests the stock is reasonably priced for its growth.

Bear Case : GHI

The primary concerns for GHI are P/E Ratio, Market Cap, Piotroski F-Score. Debt-to-equity of 2.73 is elevated, increasing financial risk.

Bear Case : WD

The primary concerns for WD are P/E Ratio, Revenue Growth, Market Cap. Thin 4.9% margins leave little buffer for downturns.

Key Dynamics to Monitor

GHI profiles as a turnaround stock while WD is a value play — different risk/reward profiles.

WD carries more volatility with a beta of 1.56 — expect wider price swings.

WD is growing revenue faster at 0.0% — sustainability is the question.

WD generates stronger free cash flow (796M), providing more financial flexibility.

Bottom Line

WD scores higher overall (59/100 vs 33/100). 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.

Greystone Housing Impact Investors LP

FINANCIAL SERVICES · MORTGAGE FINANCE · USA

Greystone Housing Impact Investors LP acquires, holds, sells, and deals in a portfolio of mortgage revenue bonds (MRBs) that are issued to provide construction and/or permanent financing for multifamily and student housing, and residential and commercial properties. The company is headquartered in Omaha, Nebraska.

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Walker & Dunlop Inc

FINANCIAL SERVICES · MORTGAGE FINANCE · USA

Walker & Dunlop, Inc. originates, sells and services a variety of commercial and multifamily real estate financing products and services for real estate owners and developers in the United States. The company is headquartered in Bethesda, Maryland.

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