WallStSmart

Public Storage (PSA)vsTerreno Realty Corporation (TRNO)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Public Storage generates 923% more annual revenue ($4.87B vs $476.38M). TRNO leads profitability with a 84.6% profit margin vs 39.1%. PSA appears more attractively valued with a PEG of 4.50. TRNO earns a higher WallStSmart Score of 72/100 (B).

PSA

Buy

62

out of 100

Grade: C+

Growth: 6.0Profit: 8.5Value: 4.0Quality: 4.3
Piotroski: 4/9Altman Z: 1.13

TRNO

Strong Buy

72

out of 100

Grade: B

Growth: 9.3Profit: 7.5Value: 6.7Quality: 5.3
Piotroski: 5/9Altman Z: 2.37
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

PSAUndervalued (+6.8%)

Margin of Safety

+6.8%

Fair Value

$315.45

Current Price

$311.04

$4.41 discount

UndervaluedFair: $315.45Overvalued
TRNOUndervalued (+69.4%)

Margin of Safety

+69.4%

Fair Value

$214.06

Current Price

$66.21

$147.85 discount

UndervaluedFair: $214.06Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

PSA5 strengths · Avg: 9.2/10
Profit MarginProfitability
39.1%10/10

Keeps 39 of every $100 in revenue as profit

Operating MarginProfitability
46.0%10/10

Strong operational efficiency at 46.0%

Market CapQuality
$54.30B9/10

Large-cap with strong market position

Return on EquityProfitability
20.2%9/10

Every $100 of equity generates 20 in profit

EPS GrowthGrowth
32.8%8/10

Earnings expanding 32.8% YoY

TRNO6 strengths · Avg: 9.3/10
Profit MarginProfitability
84.6%10/10

Keeps 85 of every $100 in revenue as profit

Operating MarginProfitability
42.0%10/10

Strong operational efficiency at 42.0%

Revenue GrowthGrowth
32.6%10/10

Revenue surging 32.6% year-over-year

EPS GrowthGrowth
99.6%10/10

Earnings expanding 99.6% YoY

P/E RatioValuation
16.2x8/10

Attractively priced relative to earnings

Price/BookValuation
1.7x8/10

Reasonable price relative to book value

Areas to Watch

PSA4 concerns · Avg: 3.5/10
P/E RatioValuation
32.0x4/10

Premium valuation, high expectations priced in

Price/BookValuation
11.1x4/10

Trading at 11.1x book value

Revenue GrowthGrowth
3.2%4/10

3.2% revenue growth

PEG RatioValuation
4.502/10

Expensive relative to growth rate

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 39.1% and operating margin at 46.0%.

Bull Case : TRNO

The strongest argument for TRNO centers on Profit Margin, Operating Margin, Revenue Growth. Profitability is solid with margins at 84.6% and operating margin at 42.0%. Revenue growth of 32.6% 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 growth play — different risk/reward profiles.

TRNO carries more volatility with a beta of 1.08 — expect wider price swings.

TRNO is growing revenue faster at 32.6% — sustainability is the question.

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

Bottom Line

TRNO scores higher overall (72/100 vs 62/100), backed by strong 84.6% margins and 32.6% 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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