WallStSmart

Belpointe PREP LLC Unit (OZ)vsSky Harbour Group Corporation (SKYH)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Sky Harbour Group Corporation generates 282% more annual revenue ($27.54M vs $7.22M). SKYH leads profitability with a 68.3% profit margin vs 0.0%. SKYH earns a higher WallStSmart Score of 48/100 (D+).

OZ

Hold

36

out of 100

Grade: F

Growth: 6.0Profit: 2.5Value: 5.0Quality: 5.0

SKYH

Hold

48

out of 100

Grade: D+

Growth: 8.0Profit: 4.5Value: 3.0Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for OZ.

SKYHSignificantly Overvalued (-100.0%)

Margin of Safety

-100.0%

Fair Value

$4.21

Current Price

$9.87

$5.66 premium

UndervaluedFair: $4.21Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

OZ1 strengths · Avg: 10.0/10
Price/BookValuation
0.7x10/10

Reasonable price relative to book value

SKYH3 strengths · Avg: 9.3/10
Profit MarginProfitability
68.3%10/10

Keeps 68 of every $100 in revenue as profit

Revenue GrowthGrowth
73.6%10/10

Revenue surging 73.6% year-over-year

Price/BookValuation
2.6x8/10

Reasonable price relative to book value

Areas to Watch

OZ4 concerns · Avg: 3.5/10
Revenue GrowthGrowth
1.8%4/10

1.8% revenue growth

EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Market CapQuality
$199.51M3/10

Smaller company, higher risk/reward

Profit MarginProfitability
0.0%3/10

0.0% margin — thin

SKYH4 concerns · Avg: 3.0/10
EPS GrowthGrowth
2.0%4/10

2.0% earnings growth

Market CapQuality
$746.38M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
4.4%3/10

ROE of 4.4% — below average capital efficiency

P/E RatioValuation
108.9x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : OZ

The strongest argument for OZ centers on Price/Book.

Bull Case : SKYH

The strongest argument for SKYH centers on Profit Margin, Revenue Growth, Price/Book. Profitability is solid with margins at 68.3% and operating margin at -74.4%. Revenue growth of 73.6% demonstrates continued momentum.

Bear Case : OZ

The primary concerns for OZ are Revenue Growth, EPS Growth, Market Cap.

Bear Case : SKYH

The primary concerns for SKYH are EPS Growth, Market Cap, Return on Equity. A P/E of 108.9x leaves little room for execution misses.

Key Dynamics to Monitor

OZ profiles as a value stock while SKYH is a growth play — different risk/reward profiles.

SKYH carries more volatility with a beta of 1.49 — expect wider price swings.

SKYH is growing revenue faster at 73.6% — sustainability is the question.

OZ generates stronger free cash flow (-10M), providing more financial flexibility.

Bottom Line

SKYH scores higher overall (48/100 vs 36/100), backed by strong 68.3% margins and 73.6% revenue growth. Both earn "Hold" 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.

Belpointe PREP LLC Unit

REAL ESTATE · REAL ESTATE - DEVELOPMENT · USA

Belpointe PREP, LLC focuses on identifying, acquiring, developing or remodeling and managing commercial real estate in the United States. The company is headquartered in Greenwich, Connecticut.

Sky Harbour Group Corporation

REAL ESTATE · REAL ESTATE - DEVELOPMENT · USA

Sky Harbor Group Corporation, an aviation infrastructure company, develops, leases and manages commercial aviation hangars at airports for commercial and private aircraft owners in the United States. The company is headquartered in White Plains, New York.

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