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Industrial REITs: valuation and quality comparison

Compare selected industrial REITs on valuation, operating quality, and financial leverage. A low price alone does not explain tenant demand or future leasing performance.

Ratings calculated . Financial data year: 2025. Reporting periods and price dates can differ by company.

This selected public sample contains 4 companies, with a median NAV discount of -9.95% across 4 available estimates. The median weights each company equally. It is not a statistic for the whole sector.

Selected public research coverage. Percentages are percentage points; unavailable data is not zero.
CompanyScoreValuationQualityNAV discountNOI growthLeverage
FR
First Industrial Realty
55 / 100
neutral
4566-4.90%6.10%24.50%
STAG
STAG Industrial
47 / 100
neutral
5142-0.90%4.20%31.80%
EGP
EastGroup Properties
43 / 100
weak
985-26.40%8.20%16.40%
PLD
Prologis
42 / 100
weak
2266-15.00%7.10%26.80%

How to read this comparison

Compare valuation and quality together. A high valuation score can coexist with weak operating quality. A lower NAV discount may reflect different assets, financing, or assumptions rather than an inferior opportunity.

Reporting periods can differ across these companies. The company pages list available periods and price dates; compare equivalent periods and definitions before drawing conclusions about sector trends.

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Valyte Ratings are informational, data-driven scores based on quantitative analysis of company filings and market data. They are not investment advice or a recommendation to buy or sell any security, and should not be relied upon for investment decisions.