WallStSmart

Kimco Realty Corporation (KIM)vsMacerich Company (MAC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Kimco Realty Corporation generates 111% more annual revenue ($2.16B vs $1.02B). KIM leads profitability with a 28.5% profit margin vs -17.9%. KIM appears more attractively valued with a PEG of 3.37. KIM earns a higher WallStSmart Score of 62/100 (C+).

KIM

Buy

62

out of 100

Grade: C+

Growth: 6.0Profit: 7.0Value: 4.7Quality: 5.5
Piotroski: 4/9Altman Z: 0.94

MAC

Hold

39

out of 100

Grade: F

Growth: 6.0Profit: 3.5Value: 3.7Quality: 2.5
Piotroski: 2/9Altman Z: -0.39
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

KIMUndervalued (+10.4%)

Margin of Safety

+10.4%

Fair Value

$24.55

Current Price

$24.23

$0.32 discount

UndervaluedFair: $24.55Overvalued
MACOvervalued (-14.4%)

Margin of Safety

-14.4%

Fair Value

$22.24

Current Price

$23.21

$0.98 premium

UndervaluedFair: $22.24Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

KIM4 strengths · Avg: 8.8/10
Operating MarginProfitability
34.4%10/10

Strong operational efficiency at 34.4%

Profit MarginProfitability
28.5%9/10

Keeps 29 of every $100 in revenue as profit

Price/BookValuation
1.6x8/10

Reasonable price relative to book value

EPS GrowthGrowth
29.4%8/10

Earnings expanding 29.4% YoY

MAC2 strengths · Avg: 9.0/10
EPS GrowthGrowth
3971.0%10/10

Earnings expanding 3971.0% YoY

Price/BookValuation
2.5x8/10

Reasonable price relative to book value

Areas to Watch

KIM4 concerns · Avg: 3.3/10
P/E RatioValuation
29.8x4/10

Moderate valuation

Revenue GrowthGrowth
4.0%4/10

4.0% revenue growth

Return on EquityProfitability
5.9%3/10

ROE of 5.9% — below average capital efficiency

PEG RatioValuation
3.372/10

Expensive relative to growth rate

MAC4 concerns · Avg: 2.3/10
Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

PEG RatioValuation
4.802/10

Expensive relative to growth rate

Return on EquityProfitability
-7.5%2/10

ROE of -7.5% — below average capital efficiency

Revenue GrowthGrowth
-6.7%2/10

Revenue declined 6.7%

Comparative Analysis Report

WallStSmart Research

Bull Case : KIM

The strongest argument for KIM centers on Operating Margin, Profit Margin, Price/Book. Profitability is solid with margins at 28.5% and operating margin at 34.4%.

Bull Case : MAC

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

Bear Case : KIM

The primary concerns for KIM are P/E Ratio, Revenue Growth, Return on Equity.

Bear Case : MAC

The primary concerns for MAC are Piotroski F-Score, PEG Ratio, Return on Equity. Debt-to-equity of 2.07 is elevated, increasing financial risk.

Key Dynamics to Monitor

KIM profiles as a value stock while MAC is a turnaround play — different risk/reward profiles.

MAC carries more volatility with a beta of 2.09 — expect wider price swings.

KIM is growing revenue faster at 4.0% — sustainability is the question.

KIM generates stronger free cash flow (180M), providing more financial flexibility.

Bottom Line

KIM scores higher overall (62/100 vs 39/100), backed by strong 28.5% margins. 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.

Kimco Realty Corporation

REAL ESTATE · REIT - RETAIL · USA

Kimco Realty Corporation is a real estate investment trust (REIT) that invests in shopping centers.

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Macerich Company

REAL ESTATE · REIT - RETAIL · USA

The Macerich Company (MAC) is a leading real estate investment trust (REIT) focused on acquiring, leasing, and managing a high-quality portfolio of retail properties in key U.S. markets. Renowned for its upscale shopping centers and mixed-use developments, Macerich prioritizes tenant performance and exceptional customer experiences, positioning itself to thrive amidst the evolving retail landscape. The company's dedication to sustainability and operational excellence further strengthens its financial resilience and growth potential, providing a solid foundation for delivering long-term value to its shareholders.

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