WallStSmart

SBA Communications Corp (SBAC)vsWheeler Real Estate Investment Trust Inc (WHLRD)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

SBA Communications Corp generates 2732% more annual revenue ($2.82B vs $99.41M). SBAC leads profitability with a 37.4% profit margin vs 8.8%. 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

WHLRD

Hold

41

out of 100

Grade: D

Growth: 4.0Profit: 7.0Value: 5.0Quality: 5.0
Piotroski: 4/9Altman Z: -0.13
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

Intrinsic value data unavailable for WHLRD.

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

WHLRD1 strengths · Avg: 10.0/10
Operating MarginProfitability
30.0%10/10

Strong operational efficiency at 30.0%

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

WHLRD4 concerns · Avg: 2.8/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Market CapQuality
$33.60M3/10

Smaller company, higher risk/reward

Revenue GrowthGrowth
-8.8%2/10

Revenue declined 8.8%

Free Cash FlowQuality
$-2.19M2/10

Negative free cash flow — burning cash

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 : WHLRD

The strongest argument for WHLRD centers on Operating Margin.

Bear Case : SBAC

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

Bear Case : WHLRD

The primary concerns for WHLRD are EPS Growth, Market Cap, Revenue Growth. Debt-to-equity of 8.33 is elevated, increasing financial risk.

Key Dynamics to Monitor

WHLRD carries more volatility with a beta of 1.44 — expect wider price swings.

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

SBAC generates stronger free cash flow (241M), providing more financial flexibility.

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

Bottom Line

SBAC scores higher overall (54/100 vs 41/100), backed by strong 37.4% margins. 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.

Wheeler Real Estate Investment Trust Inc

REAL ESTATE · REIT - RETAIL · USA

Wheeler Real Estate Investment Trust Inc. (Ticker: WHLRD) is a focused real estate investment trust (REIT) that specializes in the acquisition and management of income-generating retail and mixed-use properties across the United States. The company strategically targets markets with favorable demographic trends, fostering portfolio resilience and optimizing performance through proactive asset management and selective acquisitions. With a commitment to delivering sustainable income and long-term capital appreciation, WHLRD aims to maximize shareholder value in a rapidly changing retail landscape.

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