WallStSmart

Gladstone Commercial Corporation (GOOD)vsSBA Communications Corp (SBAC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

SBA Communications Corp generates 1622% more annual revenue ($2.85B vs $165.74M). SBAC leads profitability with a 35.7% profit margin vs 12.7%. SBAC appears more attractively valued with a PEG of 8.50. GOOD earns a higher WallStSmart Score of 59/100 (C).

GOOD

Buy

59

out of 100

Grade: C

Growth: 6.7Profit: 7.0Value: 4.7Quality: 2.5
Piotroski: 2/9Altman Z: -0.22

SBAC

Hold

49

out of 100

Grade: D+

Growth: 4.0Profit: 8.0Value: 4.7Quality: 5.0
Piotroski: 5/9Altman Z: -0.26
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

GOODUndervalued (+75.0%)

Margin of Safety

+75.0%

Fair Value

$46.22

Current Price

$12.38

$33.84 discount

UndervaluedFair: $46.22Overvalued
SBACUndervalued (+0.8%)

Margin of Safety

+0.8%

Fair Value

$192.43

Current Price

$208.02

$15.59 discount

UndervaluedFair: $192.43Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

GOOD2 strengths · Avg: 10.0/10
Operating MarginProfitability
39.8%10/10

Strong operational efficiency at 39.8%

EPS GrowthGrowth
84.4%10/10

Earnings expanding 84.4% YoY

SBAC3 strengths · Avg: 10.0/10
Profit MarginProfitability
35.7%10/10

Keeps 36 of every $100 in revenue as profit

Operating MarginProfitability
52.4%10/10

Strong operational efficiency at 52.4%

Debt/EquityHealth
-3.2410/10

Conservative balance sheet, low leverage

Areas to Watch

GOOD4 concerns · Avg: 2.5/10
Market CapQuality
$622.53M3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

PEG RatioValuation
39.842/10

Expensive relative to growth rate

P/E RatioValuation
70.8x2/10

Premium valuation, high expectations priced in

SBAC4 concerns · Avg: 2.3/10
Return on EquityProfitability
0.0%3/10

ROE of 0.0% — below average capital efficiency

PEG RatioValuation
8.502/10

Expensive relative to growth rate

EPS GrowthGrowth
-14.7%2/10

Earnings declined 14.7%

Altman Z-ScoreHealth
-0.262/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : GOOD

The strongest argument for GOOD centers on Operating Margin, EPS Growth. Revenue growth of 11.8% demonstrates continued momentum.

Bull Case : SBAC

The strongest argument for SBAC centers on Profit Margin, Operating Margin, Debt/Equity. Profitability is solid with margins at 35.7% and operating margin at 52.4%.

Bear Case : GOOD

The primary concerns for GOOD are Market Cap, Piotroski F-Score, PEG Ratio. A P/E of 70.8x leaves little room for execution misses. Debt-to-equity of 5.16 is elevated, increasing financial risk.

Bear Case : SBAC

The primary concerns for SBAC are Return on Equity, PEG Ratio, EPS Growth.

Key Dynamics to Monitor

GOOD profiles as a value stock while SBAC is a mature play — different risk/reward profiles.

GOOD carries more volatility with a beta of 1.07 — expect wider price swings.

GOOD is growing revenue faster at 11.8% — sustainability is the question.

SBAC generates stronger free cash flow (207M), providing more financial flexibility.

Bottom Line

GOOD scores higher overall (59/100 vs 49/100) and 11.8% revenue growth. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Gladstone Commercial Corporation

REAL ESTATE · REIT - DIVERSIFIED · USA

Gladstone Commercial Corporation is a real estate investment trust focused on acquiring, owning and operating net leased office and industrial properties in the United States.

SBA Communications Corp

REAL ESTATE · REIT - SPECIALTY · USA

SBA Communications Corporation is a real estate investment trust which owns and operates wireless infrastructure in the United States, Canada, Central America, South America, and South Africa.

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