Kilroy Realty Corp (KRC)vsVornado Realty Trust (VNO)
KRC
Kilroy Realty Corp
$28.21
-3.22%
REAL ESTATE · Cap: $3.38B
VNO
Vornado Realty Trust
$25.41
-4.04%
REAL ESTATE · Cap: $5.30B
Smart Verdict
WallStSmart Research — data-driven comparison
Vornado Realty Trust generates 68% more annual revenue ($1.86B vs $1.11B). VNO leads profitability with a 48.5% profit margin vs 24.8%. KRC appears more attractively valued with a PEG of 1.82. VNO earns a higher WallStSmart Score of 61/100 (C+).
KRC
Buy60
out of 100
Grade: C
VNO
Buy61
out of 100
Grade: C+
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
-110.6%
Fair Value
$15.30
Current Price
$28.21
$12.91 premium
Margin of Safety
+84.0%
Fair Value
$188.60
Current Price
$25.41
$163.19 discount
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Reasonable price relative to book value
Keeps 25 of every $100 in revenue as profit
Attractively priced relative to earnings
Strong operational efficiency at 23.2%
Attractively priced relative to earnings
Reasonable price relative to book value
Keeps 49 of every $100 in revenue as profit
Earnings expanding 1263.0% YoY
Areas to Watch
Expensive relative to growth rate
ROE of 5.4% — below average capital efficiency
Revenue declined 5.0%
Earnings declined 79.0%
Expensive relative to growth rate
Revenue declined 8.1%
Negative free cash flow — burning cash
Distress zone — elevated risk
Comparative Analysis Report
WallStSmart ResearchBull Case : KRC
The strongest argument for KRC centers on Price/Book, Profit Margin, P/E Ratio. Profitability is solid with margins at 24.8% and operating margin at 23.2%.
Bull Case : VNO
The strongest argument for VNO centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 48.5% and operating margin at 13.6%.
Bear Case : KRC
The primary concerns for KRC are PEG Ratio, Return on Equity, Revenue Growth.
Bear Case : VNO
The primary concerns for VNO are PEG Ratio, Revenue Growth, Free Cash Flow.
Key Dynamics to Monitor
VNO carries more volatility with a beta of 1.53 — expect wider price swings.
KRC is growing revenue faster at -5.0% — sustainability is the question.
KRC generates stronger free cash flow (-176M), providing more financial flexibility.
Monitor REIT - OFFICE industry trends, competitive dynamics, and regulatory changes.
Bottom Line
VNO scores higher overall (61/100 vs 60/100), backed by strong 48.5% margins. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.
This analysis is generated from publicly available financial data. Not financial advice.
Kilroy Realty Corp
REAL ESTATE · REIT - OFFICE · USA
Kilroy Realty Corporation (NYSE: KRC, the?
Visit Website →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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