WallStSmart

One Liberty Properties Inc (OLP)vsVICI Properties Inc (VICI)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

VICI Properties Inc generates 3898% more annual revenue ($4.10B vs $102.49M). VICI leads profitability with a 67.5% profit margin vs 33.9%. VICI trades at a lower P/E of 9.8x. OLP earns a higher WallStSmart Score of 64/100 (C+).

OLP

Buy

64

out of 100

Grade: C+

Growth: 6.7Profit: 7.5Value: 7.7Quality: 4.0
Piotroski: 1/9Altman Z: 0.54

VICI

Buy

59

out of 100

Grade: C

Growth: 5.3Profit: 8.0Value: 8.3Quality: 5.0
Piotroski: 4/9Altman Z: 1.82
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

OLPUndervalued (+31.1%)

Margin of Safety

+31.1%

Fair Value

$32.74

Current Price

$23.20

$9.54 discount

UndervaluedFair: $32.74Overvalued
VICIUndervalued (+37.9%)

Margin of Safety

+37.9%

Fair Value

$46.98

Current Price

$24.83

$22.15 discount

UndervaluedFair: $46.98Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

OLP5 strengths · Avg: 9.2/10
Profit MarginProfitability
33.9%10/10

Keeps 34 of every $100 in revenue as profit

Operating MarginProfitability
35.2%10/10

Strong operational efficiency at 35.2%

EPS GrowthGrowth
84.8%10/10

Earnings expanding 84.8% YoY

P/E RatioValuation
15.1x8/10

Attractively priced relative to earnings

Price/BookValuation
1.6x8/10

Reasonable price relative to book value

VICI4 strengths · Avg: 10.0/10
P/E RatioValuation
9.8x10/10

Attractively priced relative to earnings

Price/BookValuation
0.9x10/10

Reasonable price relative to book value

Profit MarginProfitability
67.5%10/10

Keeps 68 of every $100 in revenue as profit

Operating MarginProfitability
70.2%10/10

Strong operational efficiency at 70.2%

Areas to Watch

OLP4 concerns · Avg: 2.8/10
Market CapQuality
$522.11M3/10

Smaller company, higher risk/reward

Debt/EquityHealth
1.783/10

Elevated debt levels

Piotroski F-ScoreQuality
1/93/10

Weak financial health signals

Free Cash FlowQuality
$-44.06M2/10

Negative free cash flow — burning cash

VICI2 concerns · Avg: 3.0/10
Altman Z-ScoreHealth
1.824/10

Grey zone — moderate risk

EPS GrowthGrowth
-41.4%2/10

Earnings declined 41.4%

Comparative Analysis Report

WallStSmart Research

Bull Case : OLP

The strongest argument for OLP centers on Profit Margin, Operating Margin, EPS Growth. Profitability is solid with margins at 33.9% and operating margin at 35.2%. Revenue growth of 10.3% demonstrates continued momentum.

Bull Case : VICI

The strongest argument for VICI centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 67.5% and operating margin at 70.2%.

Bear Case : OLP

The primary concerns for OLP are Market Cap, Debt/Equity, Piotroski F-Score. Debt-to-equity of 1.78 is elevated, increasing financial risk.

Bear Case : VICI

The primary concerns for VICI are Altman Z-Score, EPS Growth.

Key Dynamics to Monitor

OLP carries more volatility with a beta of 0.90 — expect wider price swings.

OLP is growing revenue faster at 10.3% — sustainability is the question.

VICI generates stronger free cash flow (728M), providing more financial flexibility.

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

Bottom Line

OLP scores higher overall (64/100 vs 59/100), backed by strong 33.9% margins and 10.3% revenue growth. VICI offers better value entry with a 37.9% margin of safety. 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.

One Liberty Properties Inc

REAL ESTATE · REIT - DIVERSIFIED · USA

One Liberty is a self-managed and self-managed real estate investment trust incorporated in Maryland in 1982.

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VICI Properties Inc

REAL ESTATE · REIT - DIVERSIFIED · USA

VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace.

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