WallStSmart

SBA Communications Corp (SBAC)vsSL Green Realty Corp (SLG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

SBA Communications Corp generates 200% more annual revenue ($2.82B vs $938.19M). SBAC leads profitability with a 37.4% profit margin vs -16.2%. SLG appears more attractively valued with a PEG of 1.30. SBAC earns a higher WallStSmart Score of 54/100 (C-).

SBAC

Buy

54

out of 100

Grade: C-

Growth: 6.0Profit: 8.0Value: 4.7Quality: 3.8
Piotroski: 4/9Altman Z: -0.14

SLG

Hold

42

out of 100

Grade: D

Growth: 3.3Profit: 3.0Value: 7.0Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

SBACUndervalued (+12.1%)

Margin of Safety

+12.1%

Fair Value

$217.30

Current Price

$221.20

$3.90 discount

UndervaluedFair: $217.30Overvalued
SLGUndervalued (+55.2%)

Margin of Safety

+55.2%

Fair Value

$90.36

Current Price

$42.41

$47.95 discount

UndervaluedFair: $90.36Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

SBAC3 strengths · Avg: 10.0/10
Profit MarginProfitability
37.4%10/10

Keeps 37 of every $100 in revenue as profit

Operating MarginProfitability
52.4%10/10

Strong operational efficiency at 52.4%

EPS GrowthGrowth
115.6%10/10

Earnings expanding 115.6% YoY

SLG1 strengths · Avg: 10.0/10
Price/BookValuation
0.9x10/10

Reasonable price relative to book value

Areas to Watch

SBAC4 concerns · Avg: 2.8/10
Revenue GrowthGrowth
3.7%4/10

3.7% revenue growth

Return on EquityProfitability
0.0%3/10

ROE of 0.0% — below average capital efficiency

PEG RatioValuation
4.892/10

Expensive relative to growth rate

Altman Z-ScoreHealth
-0.142/10

Distress zone — elevated risk

SLG4 concerns · Avg: 2.3/10
Operating MarginProfitability
1.7%3/10

Operating margin of 1.7%

Return on EquityProfitability
-3.5%2/10

ROE of -3.5% — below average capital efficiency

Revenue GrowthGrowth
-3.6%2/10

Revenue declined 3.6%

EPS GrowthGrowth
-98.2%2/10

Earnings declined 98.2%

Comparative Analysis Report

WallStSmart Research

Bull Case : SBAC

The strongest argument for SBAC centers on Profit Margin, Operating Margin, EPS Growth. Profitability is solid with margins at 37.4% and operating margin at 52.4%.

Bull Case : SLG

The strongest argument for SLG centers on Price/Book. PEG of 1.30 suggests the stock is reasonably priced for its growth.

Bear Case : SBAC

The primary concerns for SBAC are Revenue Growth, Return on Equity, PEG Ratio.

Bear Case : SLG

The primary concerns for SLG are Operating Margin, Return on Equity, Revenue Growth.

Key Dynamics to Monitor

SBAC profiles as a value stock while SLG is a turnaround play — different risk/reward profiles.

SLG carries more volatility with a beta of 1.59 — expect wider price swings.

SBAC is growing revenue faster at 3.7% — sustainability is the question.

Monitor REIT - SPECIALTY industry trends, competitive dynamics, and regulatory changes.

Bottom Line

SBAC scores higher overall (54/100 vs 42/100), backed by strong 37.4% margins. SLG offers better value entry with a 55.2% 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.

SBA Communications Corp

REAL ESTATE · REIT - SPECIALTY · USA

SBA Communications Corporation is a real estate investment trust which owns and operates wireless infrastructure in the United States, Canada, Central America, South America, and South Africa.

SL Green Realty Corp

REAL ESTATE · REIT - OFFICE · USA

SL Green Realty Corp.

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