WallStSmart

Paramount Group Inc (PGRE)vsVornado Realty Trust (VNO)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Vornado Realty Trust generates 175% more annual revenue ($1.88B vs $681.64M). VNO leads profitability with a 3.6% profit margin vs -0.1%. PGRE appears more attractively valued with a PEG of 0.53. PGRE earns a higher WallStSmart Score of 55/100 (C).

PGRE

Buy

55

out of 100

Grade: C

Growth: 3.3Profit: 3.0Value: 7.7Quality: 5.0

VNO

Hold

43

out of 100

Grade: D

Growth: 4.0Profit: 5.0Value: 5.3Quality: 5.5
Piotroski: 5/9Altman Z: 0.61
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

PGREUndervalued (+30.9%)

Margin of Safety

+30.9%

Fair Value

$9.55

Current Price

$6.60

$2.95 discount

UndervaluedFair: $9.55Overvalued
VNOUndervalued (+34.3%)

Margin of Safety

+34.3%

Fair Value

$46.04

Current Price

$35.44

$10.60 discount

UndervaluedFair: $46.04Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

PGRE2 strengths · Avg: 9.0/10
Price/BookValuation
0.5x10/10

Reasonable price relative to book value

PEG RatioValuation
0.538/10

Growing faster than its price suggests

VNO1 strengths · Avg: 10.0/10
Price/BookValuation
1.4x10/10

Reasonable price relative to book value

Areas to Watch

PGRE4 concerns · Avg: 3.0/10
EPS GrowthGrowth
4.8%4/10

4.8% earnings growth

Market CapQuality
$1.57B3/10

Smaller company, higher risk/reward

Operating MarginProfitability
0.1%3/10

Operating margin of 0.1%

Return on EquityProfitability
-0.0%2/10

ROE of -0.0% — below average capital efficiency

VNO4 concerns · Avg: 3.0/10
PEG RatioValuation
2.204/10

Expensive relative to growth rate

Profit MarginProfitability
3.6%3/10

3.6% margin — thin

Debt/EquityHealth
1.573/10

Elevated debt levels

P/E RatioValuation
1175.3x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : PGRE

The strongest argument for PGRE centers on Price/Book, PEG Ratio. PEG of 0.53 suggests the stock is reasonably priced for its growth.

Bull Case : VNO

The strongest argument for VNO centers on Price/Book.

Bear Case : PGRE

The primary concerns for PGRE are EPS Growth, Market Cap, Operating Margin.

Bear Case : VNO

The primary concerns for VNO are PEG Ratio, Profit Margin, Debt/Equity. A P/E of 1175.3x leaves little room for execution misses. Debt-to-equity of 1.57 is elevated, increasing financial risk.

Key Dynamics to Monitor

PGRE profiles as a turnaround stock while VNO is a value play — different risk/reward profiles.

VNO carries more volatility with a beta of 1.54 — expect wider price swings.

VNO is growing revenue faster at 5.0% — sustainability is the question.

VNO generates stronger free cash flow (43M), providing more financial flexibility.

Bottom Line

PGRE scores higher overall (55/100 vs 43/100). VNO offers better value entry with a 34.3% 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.

Paramount Group Inc

REAL ESTATE · REIT - OFFICE · USA

Headquartered in New York City, Paramount Group, Inc. is a fully integrated real estate investment trust that owns, operates, manages, acquires and rebuilds high-quality Class A office properties located in select submarkets of the central business district. from New York City and San Francisco.

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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