WallStSmart

Realty Income Corporation (O)vsAlpine Income Property Trust, Inc. (PINE)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Realty Income Corporation generates 9420% more annual revenue ($5.76B vs $60.53M). O leads profitability with a 18.4% profit margin vs -4.4%. O earns a higher WallStSmart Score of 64/100 (C+).

O

Buy

64

out of 100

Grade: C+

Growth: 8.0Profit: 6.5Value: 2.0Quality: 4.3
Piotroski: 3/9Altman Z: 0.77

PINE

Buy

55

out of 100

Grade: C

Growth: 8.7Profit: 4.5Value: 5.0Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

OSignificantly Overvalued (-17.8%)

Margin of Safety

-17.8%

Fair Value

$54.76

Current Price

$60.06

$5.30 premium

UndervaluedFair: $54.76Overvalued

Intrinsic value data unavailable for PINE.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

O5 strengths · Avg: 9.0/10
Price/BookValuation
1.4x10/10

Reasonable price relative to book value

Operating MarginProfitability
47.0%10/10

Strong operational efficiency at 47.0%

Market CapQuality
$56.58B9/10

Large-cap with strong market position

EPS GrowthGrowth
41.2%8/10

Earnings expanding 41.2% YoY

Free Cash FlowQuality
$1.15B8/10

Generating 1.2B in free cash flow

PINE4 strengths · Avg: 9.5/10
Price/BookValuation
1.0x10/10

Reasonable price relative to book value

Operating MarginProfitability
34.3%10/10

Strong operational efficiency at 34.3%

EPS GrowthGrowth
75.7%10/10

Earnings expanding 75.7% YoY

Revenue GrowthGrowth
22.5%8/10

Revenue surging 22.5% year-over-year

Areas to Watch

O4 concerns · Avg: 2.5/10
Return on EquityProfitability
2.7%3/10

ROE of 2.7% — below average capital efficiency

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
5.752/10

Expensive relative to growth rate

P/E RatioValuation
51.7x2/10

Premium valuation, high expectations priced in

PINE4 concerns · Avg: 2.0/10
Market CapQuality
$300.80M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
-1.0%2/10

ROE of -1.0% — below average capital efficiency

Free Cash FlowQuality
$-38.94M2/10

Negative free cash flow — burning cash

Profit MarginProfitability
-4.4%1/10

Currently unprofitable

Comparative Analysis Report

WallStSmart Research

Bull Case : O

The strongest argument for O centers on Price/Book, Operating Margin, Market Cap. Profitability is solid with margins at 18.4% and operating margin at 47.0%. Revenue growth of 11.0% demonstrates continued momentum.

Bull Case : PINE

The strongest argument for PINE centers on Price/Book, Operating Margin, EPS Growth. Revenue growth of 22.5% demonstrates continued momentum.

Bear Case : O

The primary concerns for O are Return on Equity, Piotroski F-Score, PEG Ratio. A P/E of 51.7x leaves little room for execution misses.

Bear Case : PINE

The primary concerns for PINE are Market Cap, Return on Equity, Free Cash Flow.

Key Dynamics to Monitor

O profiles as a mature stock while PINE is a growth play — different risk/reward profiles.

O carries more volatility with a beta of 0.77 — expect wider price swings.

PINE is growing revenue faster at 22.5% — sustainability is the question.

O generates stronger free cash flow (1.2B), providing more financial flexibility.

Bottom Line

O scores higher overall (64/100 vs 55/100), backed by strong 18.4% margins and 11.0% revenue growth. 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.

Realty Income Corporation

REAL ESTATE · REIT - RETAIL · USA

Realty Income Corporation is a real estate investment trust that invests in free-standing, single-tenant commercial properties in the United States, Puerto Rico, and the United Kingdom that are subject to NNN Leases. The company is organized in Maryland with its headquarters in San Diego, California.

Alpine Income Property Trust, Inc.

REAL ESTATE · REIT - RETAIL · USA

Alpine Income Property Trust, Inc. (Ticker: PINE) is a strategic real estate investment trust (REIT) focused on acquiring and managing a diverse portfolio of high-quality retail and commercial properties leased to creditworthy tenants across the United States. The company's investment approach prioritizes generating consistent rental income and maximizing shareholder value through careful capital management and operational efficiency. By concentrating on net-leased assets, Alpine Income seeks to provide stable returns, making it an attractive opportunity for institutional investors looking to enhance yield and diversify their real estate portfolios in an increasingly competitive market.

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