Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
JBGSthis companyJBG SMITH Properties	$12.48	-8.14×	0.99×	2.3×	20.39×	-394.7%	-14.5%	-1.3%	-27.9%	-12.0%	-0.1%	-4.3%	2.2×	13.93×	-0.04×	1.05×	4.2%	5	-0.19	1	C-
AATAmerican Assets Trust, Inc.	$21.82	20.58×	1×	2.63×	9.81×	152.5%	61.1%	33.5%	16.4%	6.2%	5.1%	8.3%	1.48×	5.68×	1.87×	2.04×	9.2%	7	0.58	2	C+
ELMEElme Communities	$0.05	-9.94×	6.42×	0×	-16.37×	30546.7%	0.0%	0.0%	0.0%	-64.5%	-15.2%	4.1%	2.18×	18.43×	-3.82×	1.02×	4.2%	4	-1.04	—	—
HPPHudson Pacific Properties, Inc.	$9.07	-0.85×	0.16×	0.58×	-87.96×	1426.1%	-42.1%	-5.7%	-66.4%	-18.6%	-0.7%	20.4%	1.27×	-77.6×	-0.28×	1.83×	4.3%	5	0.02	3	B-
PDMPiedmont Office Realty Trust, Inc.	$10.02	-12.45×	0.69×	1.84×	12.33×	-91.5%	-20.7%	14.1%	-14.8%	-5.6%	2.0%	-1.6%	1.52×	8.47×	0.62×	2×	3.0%	4	-0.38	2	C
PEBPebblebrook Hotel Trust	$21.71	-12.58×	0.54×	0.9×	13.08×	201.4%	-6.7%	5.1%	-4.5%	-2.7%	1.5%	11.5%	1×	8.26×	0.73×	0.7×	3.9%	7	0.43	2	C+
Peer median	—	-9.94×	0.69×	0.9×	9.81×	201.4%	-6.7%	5.1%	-4.5%	-5.6%	1.5%	8.3%	1.48×	8.26×	0.62×	1.83×	4.2%	5	0.02	2	—