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FR vs NNN

FR
First Industrial Realty Trust, Inc.
NEUTRAL
Price
$61.37
Market Cap
$8.14B
Sector
Real Estate
AI Confidence
80%
NNN
NNN REIT, Inc.
NEUTRAL
Price
$43.79
Market Cap
$8.33B
Sector
Real Estate
AI Confidence
85%

Valuation

P/E Ratio
FR
23.7
NNN
21.15
Forward P/E
FR
32.64
NNN
20.65
P/B Ratio
FR
2.95
NNN
1.89
P/S Ratio
FR
10.92
NNN
8.99
EV/EBITDA
FR
21.15
NNN
15.62

Profitability

Gross Margin
FR
73.53%
NNN
95.96%
Operating Margin
FR
34.99%
NNN
62.22%
Profit Margin
FR
45.95%
NNN
42.08%
ROE
FR
12.84%
NNN
8.89%
ROA
FR
3.42%
NNN
3.92%

Growth

Revenue Growth
FR
10.0%
NNN
9.1%
Earnings Growth
FR
199.7%
NNN
-2.2%

Financial Health

Debt/Equity
FR
0.91
NNN
1.09
Current Ratio
FR
1.67
NNN
0.12
Quick Ratio
FR
1.63
NNN
0.08

Dividends

Dividend Yield
FR
3.26%
NNN
5.51%
Payout Ratio
FR
70.85%
NNN
114.01%

AI Verdict

FR NEUTRAL

FR presents a dichotomy between strong fundamental health and bearish market sentiment. With a Piotroski F-Score of 4/9 (Stable) and a highly conservative Debt/Equity ratio of 0.91 compared to the sector average of 2.55, the company is financially robust. While the current price of $61.37 is well above the Graham Number ($34.82), it remains below the growth-based Intrinsic Value of $76.41. However, severe bearishness in technical trends (10/100) and insider sentiment (30/100) offsets the impressive earnings growth and analyst optimism.

Strengths
Exceptional balance sheet with Debt/Equity (0.91) significantly lower than sector average (2.55)
Strong profitability with a profit margin of 45.95% and ROE of 12.84%
Massive recent earnings growth (199.7% YoY) and consistent EPS beats
Risks
Severely bearish technical trend (10/100) suggesting strong downward price momentum
Bearish insider sentiment with net selling activity
High Price/Sales ratio (10.92) indicating a premium valuation relative to revenue
NNN NEUTRAL

NNN presents as a stable but overvalued REIT, evidenced by a Piotroski F-Score of 4/9 and a current price ($43.79) significantly exceeding its Graham Number ($32.88) and Intrinsic Value ($14.49). While the company boasts a stellar track record of earnings beats and strong profit margins, the dividend payout ratio of 114.01% is a critical sustainability concern. Bearish insider activity from the CEO, COO, and CTO, combined with a 0/100 technical trend, suggests limited near-term upside. The stock is currently a defensive income play trading at a premium.

Strengths
Consistent earnings performance with 4/4 beats in the last 4 quarters
Strong profitability with a 42.08% profit margin and 62.22% operating margin
P/E ratio (21.15) is significantly lower than the sector average (39.75)
Risks
Unsustainable dividend payout ratio of 114.01%
Significant valuation gap between current price and Graham/Intrinsic values
Bearish insider sentiment with sales from top three executives (CEO, COO, CTO)

Compare Another Pair

FR vs NNN: Head-to-Head Comparison

This page compares First Industrial Realty Trust, Inc. (FR) and NNN REIT, Inc. (NNN) across key fundamental metrics including valuation ratios, profitability margins, growth rates, financial health indicators, and dividend metrics. Each metric highlights the better-performing stock so you can quickly identify relative strengths and weaknesses.

Our AI engine independently analyzes each company's financials, competitive position, and market conditions to produce a verdict (Bullish, Neutral, or Bearish) along with key strengths and risks. Use this comparison alongside your own research to make informed investment decisions.

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