WallStSmart

SBA Communications Corp (SBAC)vsCorporación Inmobiliaria Vesta, S.A.B de C.V. (VTMX)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

SBA Communications Corp generates 875% more annual revenue ($2.85B vs $292.84M). VTMX leads profitability with a 112.0% profit margin vs 35.7%. VTMX trades at a lower P/E of 9.2x. VTMX earns a higher WallStSmart Score of 60/100 (C+).

SBAC

Hold

49

out of 100

Grade: D+

Growth: 4.0Profit: 8.0Value: 4.7Quality: 5.0
Piotroski: 5/9Altman Z: -0.26

VTMX

Buy

60

out of 100

Grade: C+

Growth: 8.0Profit: 8.0Value: 5.7Quality: 7.5
Piotroski: 4/9Altman Z: 1.70
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

SBACUndervalued (+0.8%)

Margin of Safety

+0.8%

Fair Value

$192.53

Current Price

$203.16

$10.63 discount

UndervaluedFair: $192.53Overvalued
VTMXSignificantly Overvalued (-65.6%)

Margin of Safety

-65.6%

Fair Value

$19.91

Current Price

$34.95

$15.04 premium

UndervaluedFair: $19.91Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

SBAC3 strengths · Avg: 10.0/10
Profit MarginProfitability
35.7%10/10

Keeps 36 of every $100 in revenue as profit

Operating MarginProfitability
52.4%10/10

Strong operational efficiency at 52.4%

Debt/EquityHealth
-3.2410/10

Conservative balance sheet, low leverage

VTMX4 strengths · Avg: 10.0/10
P/E RatioValuation
9.2x10/10

Attractively priced relative to earnings

Profit MarginProfitability
112.0%10/10

Keeps 112 of every $100 in revenue as profit

Operating MarginProfitability
77.6%10/10

Strong operational efficiency at 77.6%

EPS GrowthGrowth
584.0%10/10

Earnings expanding 584.0% YoY

Areas to Watch

SBAC4 concerns · Avg: 2.3/10
Return on EquityProfitability
0.0%3/10

ROE of 0.0% — below average capital efficiency

PEG RatioValuation
8.442/10

Expensive relative to growth rate

EPS GrowthGrowth
-14.7%2/10

Earnings declined 14.7%

Altman Z-ScoreHealth
-0.262/10

Distress zone — elevated risk

VTMX2 concerns · Avg: 4.0/10
Price/BookValuation
10.3x4/10

Trading at 10.3x book value

Altman Z-ScoreHealth
1.704/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : SBAC

The strongest argument for SBAC centers on Profit Margin, Operating Margin, Debt/Equity. Profitability is solid with margins at 35.7% and operating margin at 52.4%.

Bull Case : VTMX

The strongest argument for VTMX centers on P/E Ratio, Profit Margin, Operating Margin. Profitability is solid with margins at 112.0% and operating margin at 77.6%. Revenue growth of 14.3% demonstrates continued momentum.

Bear Case : SBAC

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

Bear Case : VTMX

The primary concerns for VTMX are Price/Book, Altman Z-Score.

Key Dynamics to Monitor

SBAC carries more volatility with a beta of 1.02 — expect wider price swings.

VTMX is growing revenue faster at 14.3% — sustainability is the question.

SBAC generates stronger free cash flow (207M), providing more financial flexibility.

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

Bottom Line

VTMX scores higher overall (60/100 vs 49/100), backed by strong 112.0% margins and 14.3% revenue growth. 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.

Corporación Inmobiliaria Vesta, S.A.B de C.V.

REAL ESTATE · REAL ESTATE - DEVELOPMENT · USA

Corporacin Inmobiliaria Vesta, S.A.B. de C.V., acquires, develops, manages, operates, and leases industrial buildings and distribution centers in Mexico. The company is headquartered in Mexico City, Mexico.

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