WallStSmart

Public Storage (PSA)vsTerreno Realty Corporation (TRNO)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Public Storage generates 876% more annual revenue ($4.91B vs $502.88M). TRNO leads profitability with a 77.3% profit margin vs 41.6%. PSA appears more attractively valued with a PEG of 4.62. PSA earns a higher WallStSmart Score of 62/100 (C+).

PSA

Buy

62

out of 100

Grade: C+

Growth: 6.0Profit: 8.5Value: 4.0Quality: 3.5
Piotroski: 3/9Altman Z: 1.00

TRNO

Buy

56

out of 100

Grade: C

Growth: 5.3Profit: 7.5Value: 6.7Quality: 7.0
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

$270.94

Current Price

$289.71

$18.77 premium

UndervaluedFair: $270.94Overvalued
TRNOUndervalued (+68.6%)

Margin of Safety

+68.6%

Fair Value

$208.21

Current Price

$66.38

$141.83 discount

UndervaluedFair: $208.21Overvalued

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
$55.40B9/10

Large-cap with strong market position

Return on EquityProfitability
22.2%9/10

Every $100 of equity generates 22 in profit

EPS GrowthGrowth
45.1%8/10

Earnings expanding 45.1% YoY

TRNO5 strengths · Avg: 9.0/10
Profit MarginProfitability
77.3%10/10

Keeps 77 of every $100 in revenue as profit

Operating MarginProfitability
41.8%10/10

Strong operational efficiency at 41.8%

Debt/EquityHealth
0.249/10

Conservative balance sheet, low leverage

P/E RatioValuation
17.8x8/10

Attractively priced relative to earnings

Price/BookValuation
1.6x8/10

Reasonable price relative to book value

Areas to Watch

PSA4 concerns · Avg: 3.8/10
P/E RatioValuation
28.1x4/10

Moderate valuation

Price/BookValuation
10.5x4/10

Trading at 10.5x book value

Revenue GrowthGrowth
3.3%4/10

3.3% revenue growth

Debt/EquityHealth
1.113/10

Elevated debt levels

TRNO2 concerns · Avg: 2.0/10
PEG RatioValuation
7.152/10

Expensive relative to growth rate

EPS GrowthGrowth
-40.2%2/10

Earnings declined 40.2%

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 77.3% and operating margin at 41.8%. Revenue growth of 11.1% 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, EPS Growth.

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 1.04 — expect wider price swings.

TRNO is growing revenue faster at 11.1% — sustainability is the question.

PSA generates stronger free cash flow (799M), providing more financial flexibility.

Bottom Line

PSA scores higher overall (62/100 vs 56/100), backed by strong 41.6% margins. TRNO offers better value entry with a 68.6% 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.

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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