WallStSmart

Prologis Inc (PLD)vsVornado Realty Trust (VNO)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Prologis Inc generates 421% more annual revenue ($9.66B vs $1.85B). PLD leads profitability with a 43.6% profit margin vs 42.9%. VNO appears more attractively valued with a PEG of 2.20. PLD earns a higher WallStSmart Score of 65/100 (B-).

PLD

Strong Buy

65

out of 100

Grade: B-

Growth: 8.0Profit: 7.0Value: 5.3Quality: 4.5
Piotroski: 2/9Altman Z: 1.01

VNO

Buy

61

out of 100

Grade: C+

Growth: 5.3Profit: 6.5Value: 8.0Quality: 5.0
Piotroski: 5/9Altman Z: 0.61
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

PLDUndervalued (+43.2%)

Margin of Safety

+43.2%

Fair Value

$259.71

Current Price

$146.19

$113.52 discount

UndervaluedFair: $259.71Overvalued
VNOUndervalued (+33.2%)

Margin of Safety

+33.2%

Fair Value

$45.30

Current Price

$40.65

$4.65 discount

UndervaluedFair: $45.30Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

PLD6 strengths · Avg: 9.2/10
Profit MarginProfitability
43.6%10/10

Keeps 44 of every $100 in revenue as profit

Operating MarginProfitability
43.0%10/10

Strong operational efficiency at 43.0%

EPS GrowthGrowth
85.3%10/10

Earnings expanding 85.3% YoY

Market CapQuality
$138.06B9/10

Large-cap with strong market position

Price/BookValuation
2.6x8/10

Reasonable price relative to book value

Free Cash FlowQuality
$1.14B8/10

Generating 1.1B in free cash flow

VNO4 strengths · Avg: 9.5/10
P/E RatioValuation
10.9x10/10

Attractively priced relative to earnings

Profit MarginProfitability
42.9%10/10

Keeps 43 of every $100 in revenue as profit

EPS GrowthGrowth
1263.0%10/10

Earnings expanding 1263.0% YoY

Price/BookValuation
1.6x8/10

Reasonable price relative to book value

Areas to Watch

PLD4 concerns · Avg: 3.0/10
P/E RatioValuation
33.4x4/10

Premium valuation, high expectations priced in

Return on EquityProfitability
7.9%3/10

ROE of 7.9% — below average capital efficiency

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

PEG RatioValuation
138.352/10

Expensive relative to growth rate

VNO4 concerns · Avg: 2.8/10
PEG RatioValuation
2.204/10

Expensive relative to growth rate

Debt/EquityHealth
1.403/10

Elevated debt levels

Revenue GrowthGrowth
-2.2%2/10

Revenue declined 2.2%

Altman Z-ScoreHealth
0.612/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : PLD

The strongest argument for PLD centers on Profit Margin, Operating Margin, EPS Growth. Profitability is solid with margins at 43.6% and operating margin at 43.0%. Revenue growth of 12.3% demonstrates continued momentum.

Bull Case : VNO

The strongest argument for VNO centers on P/E Ratio, Profit Margin, EPS Growth. Profitability is solid with margins at 42.9% and operating margin at 13.7%.

Bear Case : PLD

The primary concerns for PLD are P/E Ratio, Return on Equity, Piotroski F-Score.

Bear Case : VNO

The primary concerns for VNO are PEG Ratio, Debt/Equity, Revenue Growth.

Key Dynamics to Monitor

PLD profiles as a mature stock while VNO is a declining play — different risk/reward profiles.

VNO carries more volatility with a beta of 1.53 — expect wider price swings.

PLD is growing revenue faster at 12.3% — sustainability is the question.

PLD generates stronger free cash flow (1.1B), providing more financial flexibility.

Bottom Line

PLD scores higher overall (65/100 vs 61/100), backed by strong 43.6% margins and 12.3% revenue growth. VNO offers better value entry with a 33.2% margin of safety. Both earn "Strong 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.

Prologis Inc

REAL ESTATE · REIT - INDUSTRIAL · USA

Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities, with a focus on the consumption side of the global supply chain.

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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