WallStSmart

JBG SMITH Properties (JBGS)vsW P Carey Inc (WPC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

W P Carey Inc generates 245% more annual revenue ($1.74B vs $504.51M). WPC leads profitability with a 29.7% profit margin vs -22.2%. WPC earns a higher WallStSmart Score of 69/100 (B-).

JBGS

Hold

49

out of 100

Grade: D+

Growth: 6.0Profit: 3.0Value: 5.3Quality: 3.0
Piotroski: 4/9Altman Z: 0.09

WPC

Strong Buy

69

out of 100

Grade: B-

Growth: 7.3Profit: 7.5Value: 6.7Quality: 3.0
Piotroski: 2/9Altman Z: 0.41
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Intrinsic Value Comparison

Multi-model valuation · Graham Formula

JBGSUndervalued (+0.3%)

Margin of Safety

+0.3%

Fair Value

$16.16

Current Price

$14.89

$1.27 discount

UndervaluedFair: $16.16Overvalued
WPCUndervalued (+52.0%)

Margin of Safety

+52.0%

Fair Value

$150.55

Current Price

$74.49

$76.06 discount

UndervaluedFair: $150.55Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

JBGS2 strengths · Avg: 10.0/10
Price/BookValuation
0.8x10/10

Reasonable price relative to book value

EPS GrowthGrowth
59.5%10/10

Earnings expanding 59.5% YoY

WPC4 strengths · Avg: 8.8/10
Operating MarginProfitability
54.8%10/10

Strong operational efficiency at 54.8%

Profit MarginProfitability
29.7%9/10

Keeps 30 of every $100 in revenue as profit

Price/BookValuation
2.0x8/10

Reasonable price relative to book value

EPS GrowthGrowth
40.2%8/10

Earnings expanding 40.2% YoY

Areas to Watch

JBGS4 concerns · Avg: 2.5/10
Market CapQuality
$894.31M3/10

Smaller company, higher risk/reward

Operating MarginProfitability
1.1%3/10

Operating margin of 1.1%

Return on EquityProfitability
-9.8%2/10

ROE of -9.8% — below average capital efficiency

Free Cash FlowQuality
$-19.83M2/10

Negative free cash flow — burning cash

WPC4 concerns · Avg: 3.3/10
P/E RatioValuation
32.8x4/10

Premium valuation, high expectations priced in

Return on EquityProfitability
6.2%3/10

ROE of 6.2% — below average capital efficiency

Debt/EquityHealth
1.063/10

Elevated debt levels

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : JBGS

The strongest argument for JBGS centers on Price/Book, EPS Growth.

Bull Case : WPC

The strongest argument for WPC centers on Operating Margin, Profit Margin, Price/Book. Profitability is solid with margins at 29.7% and operating margin at 54.8%. PEG of 1.47 suggests the stock is reasonably priced for its growth.

Bear Case : JBGS

The primary concerns for JBGS are Market Cap, Operating Margin, Return on Equity. Debt-to-equity of 2.26 is elevated, increasing financial risk.

Bear Case : WPC

The primary concerns for WPC are P/E Ratio, Return on Equity, Debt/Equity.

Key Dynamics to Monitor

JBGS profiles as a turnaround stock while WPC is a mature play — different risk/reward profiles.

JBGS carries more volatility with a beta of 1.05 — expect wider price swings.

WPC is growing revenue faster at 8.9% — sustainability is the question.

WPC generates stronger free cash flow (250M), providing more financial flexibility.

Bottom Line

WPC scores higher overall (69/100 vs 49/100), backed by strong 29.7% margins. 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.

JBG SMITH Properties

REAL ESTATE · REIT - DIVERSIFIED · USA

JBG SMITH is an S&P 400 company that owns, operates, invests, and develops a dynamic portfolio of high-growth mixed-use properties in and around Washington, DC.

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W P Carey Inc

REAL ESTATE · REIT - DIVERSIFIED · USA

WP Carey is among the largest net-lease REITs with an enterprise value of approximately $ 18 billion and a diversified portfolio of operationally critical commercial real estate that includes 1,215 net-lease properties covering approximately 142 million square feet as of March 30. September 2020.

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