WallStSmart

Public Storage (PSA)vsTerreno Realty Corporation (TRNO)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Public Storage generates 901% more annual revenue ($4.91B vs $490.40M). TRNO leads profitability with a 86.5% profit margin vs 41.6%. PSA appears more attractively valued with a PEG of 4.72. TRNO earns a higher WallStSmart Score of 68/100 (B-).

PSA

Buy

62

out of 100

Grade: C+

Growth: 6.0Profit: 8.5Value: 3.3Quality: 3.5
Piotroski: 3/9Altman Z: 1.00

TRNO

Strong Buy

68

out of 100

Grade: B-

Growth: 8.0Profit: 7.5Value: 6.7Quality: 7.5
Piotroski: 4/9Altman Z: 2.37
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

PSAOvervalued (-8.4%)

Margin of Safety

-8.4%

Fair Value

$271.16

Current Price

$328.40

$57.24 premium

UndervaluedFair: $271.16Overvalued
TRNOUndervalued (+69.0%)

Margin of Safety

+69.0%

Fair Value

$211.33

Current Price

$68.76

$142.57 discount

UndervaluedFair: $211.33Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

PSA5 strengths · Avg: 9.2/10
Profit MarginProfitability
41.6%10/10

Keeps 42 of every $100 in revenue as profit

Operating MarginProfitability
45.7%10/10

Strong operational efficiency at 45.7%

Market CapQuality
$60.97B9/10

Large-cap with strong market position

Return on EquityProfitability
20.6%9/10

Every $100 of equity generates 21 in profit

EPS GrowthGrowth
45.1%8/10

Earnings expanding 45.1% YoY

TRNO6 strengths · Avg: 8.8/10
Profit MarginProfitability
86.5%10/10

Keeps 87 of every $100 in revenue as profit

Operating MarginProfitability
40.7%10/10

Strong operational efficiency at 40.7%

Debt/EquityHealth
0.259/10

Conservative balance sheet, low leverage

P/E RatioValuation
17.5x8/10

Attractively priced relative to earnings

Price/BookValuation
1.7x8/10

Reasonable price relative to book value

EPS GrowthGrowth
40.2%8/10

Earnings expanding 40.2% YoY

Areas to Watch

PSA4 concerns · Avg: 3.8/10
P/E RatioValuation
31.1x4/10

Premium valuation, high expectations priced in

Price/BookValuation
11.9x4/10

Trading at 11.9x book value

Revenue GrowthGrowth
3.3%4/10

3.3% revenue growth

Debt/EquityHealth
1.053/10

Elevated debt levels

TRNO1 concerns · Avg: 2.0/10
PEG RatioValuation
7.152/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : PSA

The strongest argument for PSA centers on Profit Margin, Operating Margin, Market Cap. Profitability is solid with margins at 41.6% and operating margin at 45.7%.

Bull Case : TRNO

The strongest argument for TRNO centers on Profit Margin, Operating Margin, Debt/Equity. Profitability is solid with margins at 86.5% and operating margin at 40.7%. Revenue growth of 12.7% demonstrates continued momentum.

Bear Case : PSA

The primary concerns for PSA are P/E Ratio, Price/Book, Revenue Growth.

Bear Case : TRNO

The primary concerns for TRNO are PEG Ratio.

Key Dynamics to Monitor

PSA profiles as a value stock while TRNO is a mature play — different risk/reward profiles.

TRNO carries more volatility with a beta of 1.06 — expect wider price swings.

TRNO is growing revenue faster at 12.7% — sustainability is the question.

PSA generates stronger free cash flow (625M), providing more financial flexibility.

Bottom Line

TRNO scores higher overall (68/100 vs 62/100), backed by strong 86.5% margins and 12.7% revenue growth. 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.

Public Storage

REAL ESTATE · REIT - INDUSTRIAL · USA

Public Storage is an American international self storage company headquartered in Glendale, California, that is run as a real estate investment trust (REIT).

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Terreno Realty Corporation

REAL ESTATE · REIT - INDUSTRIAL · USA

Terreno Realty Corporation and together with its subsidiaries, the?

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