WallStSmart

Modiv Inc (MDV)vsSBA Communications Corp (SBAC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

SBA Communications Corp generates 5871% more annual revenue ($2.82B vs $47.15M). SBAC leads profitability with a 37.4% profit margin vs 2.3%. SBAC earns a higher WallStSmart Score of 54/100 (C-).

MDV

Hold

36

out of 100

Grade: F

Growth: 2.7Profit: 5.5Value: 6.7Quality: 5.0

SBAC

Buy

54

out of 100

Grade: C-

Growth: 6.0Profit: 8.0Value: 4.7Quality: 3.8
Piotroski: 4/9Altman Z: -0.14
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

MDVUndervalued (+36.6%)

Margin of Safety

+36.6%

Fair Value

$23.25

Current Price

$16.01

$7.24 discount

UndervaluedFair: $23.25Overvalued
SBACUndervalued (+12.1%)

Margin of Safety

+12.1%

Fair Value

$217.30

Current Price

$215.97

$1.33 discount

UndervaluedFair: $217.30Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

MDV2 strengths · Avg: 10.0/10
Price/BookValuation
1.0x10/10

Reasonable price relative to book value

Operating MarginProfitability
41.5%10/10

Strong operational efficiency at 41.5%

SBAC3 strengths · Avg: 10.0/10
Profit MarginProfitability
37.4%10/10

Keeps 37 of every $100 in revenue as profit

Operating MarginProfitability
52.4%10/10

Strong operational efficiency at 52.4%

EPS GrowthGrowth
115.6%10/10

Earnings expanding 115.6% YoY

Areas to Watch

MDV4 concerns · Avg: 2.8/10
Market CapQuality
$165.22M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
0.3%3/10

ROE of 0.3% — below average capital efficiency

Profit MarginProfitability
2.3%3/10

2.3% margin — thin

Revenue GrowthGrowth
-4.1%2/10

Revenue declined 4.1%

SBAC4 concerns · Avg: 2.8/10
Revenue GrowthGrowth
3.7%4/10

3.7% revenue growth

Return on EquityProfitability
0.0%3/10

ROE of 0.0% — below average capital efficiency

PEG RatioValuation
4.892/10

Expensive relative to growth rate

Altman Z-ScoreHealth
-0.142/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : MDV

The strongest argument for MDV centers on Price/Book, Operating Margin.

Bull Case : SBAC

The strongest argument for SBAC centers on Profit Margin, Operating Margin, EPS Growth. Profitability is solid with margins at 37.4% and operating margin at 52.4%.

Bear Case : MDV

The primary concerns for MDV are Market Cap, Return on Equity, Profit Margin. Thin 2.3% margins leave little buffer for downturns.

Bear Case : SBAC

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

Key Dynamics to Monitor

SBAC carries more volatility with a beta of 0.88 — expect wider price swings.

SBAC is growing revenue faster at 3.7% — sustainability is the question.

SBAC generates stronger free cash flow (241M), providing more financial flexibility.

Monitor REIT - INDUSTRIAL industry trends, competitive dynamics, and regulatory changes.

Bottom Line

SBAC scores higher overall (54/100 vs 36/100), backed by strong 37.4% margins. MDV offers better value entry with a 36.6% margin of safety. 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.

Modiv Inc

REAL ESTATE · REIT - INDUSTRIAL · USA

Modiv Inc (MDV) is a leading real estate investment trust (REIT) focused on the acquisition and management of single-tenant net lease properties throughout the United States, primarily targeting essential and financially secure businesses. The company employs a disciplined investment approach centered on long-term lease agreements, which fosters stable income generation and potential capital appreciation. With a strong commitment to sustainability and innovation, Modiv Inc differentiates itself in the real estate sector, aiming to deliver attractive risk-adjusted returns for its investors.

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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