Highwoods Properties Inc (HIW)vsVornado Realty Trust (VNO)
HIW
Highwoods Properties Inc
$29.21
-2.05%
REAL ESTATE · Cap: $3.30B
VNO
Vornado Realty Trust
$34.34
+0.03%
REAL ESTATE · Cap: $6.68B
Smart Verdict
WallStSmart Research — data-driven comparison
Vornado Realty Trust generates 124% more annual revenue ($1.88B vs $838.86M). HIW leads profitability with a 20.1% profit margin vs 3.6%. VNO appears more attractively valued with a PEG of 2.20. HIW earns a higher WallStSmart Score of 67/100 (B-).
HIW
Strong Buy67
out of 100
Grade: B-
VNO
Hold43
out of 100
Grade: D
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
+48.1%
Fair Value
$44.96
Current Price
$29.21
$15.75 discount
Margin of Safety
+34.0%
Fair Value
$45.83
Current Price
$34.34
$11.49 discount
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Reasonable price relative to book value
Earnings expanding 400.2% YoY
Keeps 20 of every $100 in revenue as profit
Strong operational efficiency at 26.3%
Reasonable price relative to book value
Areas to Watch
ROE of 3.8% — below average capital efficiency
Elevated debt levels
Expensive relative to growth rate
Distress zone — elevated risk
Expensive relative to growth rate
3.6% margin — thin
Elevated debt levels
Premium valuation, high expectations priced in
Comparative Analysis Report
WallStSmart ResearchBull Case : HIW
The strongest argument for HIW centers on Price/Book, EPS Growth, Profit Margin. Profitability is solid with margins at 20.1% and operating margin at 26.3%.
Bull Case : VNO
The strongest argument for VNO centers on Price/Book.
Bear Case : HIW
The primary concerns for HIW are Return on Equity, Debt/Equity, PEG Ratio.
Bear Case : VNO
The primary concerns for VNO are PEG Ratio, Profit Margin, Debt/Equity. A P/E of 1124.3x leaves little room for execution misses. Debt-to-equity of 1.57 is elevated, increasing financial risk.
Key Dynamics to Monitor
HIW profiles as a mature stock while VNO is a value play — different risk/reward profiles.
VNO carries more volatility with a beta of 1.54 — expect wider price swings.
HIW is growing revenue faster at 7.5% — sustainability is the question.
HIW generates stronger free cash flow (77M), providing more financial flexibility.
Bottom Line
HIW scores higher overall (67/100 vs 43/100), backed by strong 20.1% margins. VNO offers better value entry with a 34.0% margin of safety. Both earn "Strong 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.
Highwoods Properties Inc
REAL ESTATE · REIT - OFFICE · USA
Highwoods Properties, Inc., based in Raleigh, is a publicly traded (NYSE: HIW) real estate investment trust (?
Vornado Realty Trust
REAL ESTATE · REIT - OFFICE · USA
Vornado Realty Trust is a real estate investment trust formed in Maryland, with its primary office in New York City. The company invests in office buildings and street retail in Manhattan.
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