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)
MRPthis companyMillrose Properties, Inc.	$26.52	12.24×	0.85×	8.26×	14.3×	430.4%	85.4%	80.9%	63.3%	6.5%	5.1%	74.1%	0.36×	4.22×	5.3×	1.96×	6.0%	5	0.82	5	A+
CUZCousins Properties Incorporated	$30.13	107.42×	0.93×	4.36×	17.52×	51.4%	26.5%	22.4%	4.1%	0.9%	2.5%	3.1%	0.79×	8.04×	1.4×	0.34×	5.0%	8	0.58	2	B-
GNLGlobal Net Lease, Inc.	$6.92	-8.78×	1.15×	3.86×	13.99×	267.8%	12.9%	33.8%	-45.3%	-13.6%	3.9%	9.9%	1.55×	7.76×	0.88×	0.84×	12.3%	4	-0.42	2	C+
HHHHoward Hughes Holdings Inc.	$82.84	37.81×	1.24×	3.18×	16.11×	-58.0%	18.7%	17.2%	8.4%	3.3%	13.7%	9.8%	1.35×	7.04×	1.47×	8.59×	0.0%	4	0.76	3	B
IRTIndependence Realty Trust, Inc.	$15.04	72.83×	1.18×	6.22×	16.64×	47.3%	-14.9%	18.4%	8.6%	1.6%	2.1%	3.6%	0.66×	5.88×	1.53×	0.05×	3.8%	6	0.82	2	C+
KRCKilroy Realty Corporation	$36.56	16.11×	0.82×	4×	11.12×	-135.3%	67.0%	28.4%	24.8%	5.1%	2.9%	-2.7%	0.89×	5.69×	1.71×	4.24×	5.8%	6	0.65	2	C+
Peer median	—	37.81×	1.15×	4×	16.11×	47.3%	18.7%	22.4%	8.4%	1.6%	2.9%	3.6%	0.89×	7.04×	1.47×	0.84×	5.0%	6	0.65	2	—