REIT - Retail
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BFS vs WMT
Revenue, margins, valuation, and 5-year total return — side by side.
Specialty Retail
BFS vs WMT — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | REIT - Retail | Specialty Retail |
| Market Cap | $838M | $1.04T |
| Revenue (TTM) | $283M | $703.06B |
| Net Income (TTM) | $39M | $22.91B |
| Gross Margin | 75.9% | 24.9% |
| Operating Margin | 51.2% | 4.1% |
| Forward P/E | 60.0x | 44.7x |
| Total Debt | $1.53B | $67.09B |
| Cash & Equiv. | $10M | $10.73B |
BFS vs WMT — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Saul Centers, Inc. (BFS) | 100 | 112.6 | +12.6% |
| Walmart Inc. (WMT) | 100 | 314.6 | +214.6% |
Price return only. Dividends and distributions are not included.
Quick Verdict: BFS vs WMT
Each card shows where this stock fits in a portfolio — not just who wins on paper.
BFS is the clearest fit if your priority is quality and dividends.
- 13.8% margin vs WMT's 3.3%
- 6.9% yield, vs WMT's 0.7%
WMT carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 37 yrs, beta 0.12, yield 0.7%
- Rev growth 4.7%, EPS growth 13.3%, 3Y rev CAGR 5.3%
- 5.0% 10Y total return vs BFS's -2.6%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 4.7% revenue growth vs BFS's 4.5% | |
| Value | Lower P/E (44.7x vs 60.0x) | |
| Quality / Margins | 13.8% margin vs WMT's 3.3% | |
| Stability / Safety | Beta 0.12 vs BFS's 0.32, lower leverage | |
| Dividends | 6.9% yield, vs WMT's 0.7% | |
| Momentum (1Y) | +33.0% vs BFS's +10.9% | |
| Efficiency (ROA) | 7.9% ROA vs BFS's 1.8%, ROIC 14.7% vs 4.7% |
BFS vs WMT — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
BFS vs WMT — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
BFS leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
WMT is the larger business by revenue, generating $703.1B annually — 2487.7x BFS's $283M. BFS is the more profitable business, keeping 13.8% of every revenue dollar as net income compared to WMT's 3.3%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $283M | $703.1B |
| EBITDAEarnings before interest/tax | $202M | $42.8B |
| Net IncomeAfter-tax profit | $39M | $22.9B |
| Free Cash FlowCash after capex | $106M | $15.3B |
| Gross MarginGross profit ÷ Revenue | +75.9% | +24.9% |
| Operating MarginEBIT ÷ Revenue | +51.2% | +4.1% |
| Net MarginNet income ÷ Revenue | +13.8% | +3.3% |
| FCF MarginFCF ÷ Revenue | +37.6% | +2.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | +7.0% | +5.8% |
| EPS Growth (YoY)Latest quarter vs prior year | -28.3% | +35.1% |
Valuation Metrics
BFS leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
At 21.0x trailing earnings, BFS trades at a 56% valuation discount to WMT's 47.6x P/E. On an enterprise value basis, BFS's 13.7x EV/EBITDA is more attractive than WMT's 24.8x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $838M | $1.04T |
| Enterprise ValueMkt cap + debt − cash | $2.4B | $1.09T |
| Trailing P/EPrice ÷ TTM EPS | 20.99x | 47.65x |
| Forward P/EPrice ÷ next-FY EPS est. | 60.02x | 44.67x |
| PEG RatioP/E ÷ EPS growth rate | — | 4.33x |
| EV / EBITDAEnterprise value multiple | 13.74x | 24.83x |
| Price / SalesMarket cap ÷ Revenue | 3.12x | 1.45x |
| Price / BookPrice ÷ Book value/share | 1.65x | 10.44x |
| Price / FCFMarket cap ÷ FCF | 6.91x | 24.94x |
Profitability & Efficiency
WMT leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
WMT delivers a 22.3% return on equity — every $100 of shareholder capital generates $22 in annual profit, vs $8 for BFS. WMT carries lower financial leverage with a 0.67x debt-to-equity ratio, signaling a more conservative balance sheet compared to BFS's 3.06x. On the Piotroski fundamental quality scale (0–9), WMT scores 6/9 vs BFS's 4/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +8.1% | +22.3% |
| ROA (TTM)Return on assets | +1.8% | +7.9% |
| ROICReturn on invested capital | +4.7% | +14.7% |
| ROCEReturn on capital employed | +6.9% | +17.5% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 6 |
| Debt / EquityFinancial leverage | 3.06x | 0.67x |
| Net DebtTotal debt minus cash | $1.5B | $56.4B |
| Cash & Equiv.Liquid assets | $10M | $10.7B |
| Total DebtShort + long-term debt | $1.5B | $67.1B |
| Interest CoverageEBIT ÷ Interest expense | 2.26x | 11.85x |
Total Returns (Dividends Reinvested)
WMT leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in WMT five years ago would be worth $28,531 today (with dividends reinvested), compared to $10,387 for BFS. Over the past 12 months, WMT leads with a +33.0% total return vs BFS's +10.9%. The 3-year compound annual growth rate (CAGR) favors WMT at 37.5% vs BFS's 7.7% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +12.1% | +15.6% |
| 1-Year ReturnPast 12 months | +10.9% | +33.0% |
| 3-Year ReturnCumulative with dividends | +24.8% | +160.2% |
| 5-Year ReturnCumulative with dividends | +3.9% | +185.3% |
| 10-Year ReturnCumulative with dividends | -2.6% | +505.0% |
| CAGR (3Y)Annualised 3-year return | +7.7% | +37.5% |
Risk & Volatility
WMT leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
WMT is the less volatile stock with a 0.12 beta — it tends to amplify market swings less than BFS's 0.32 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.32x | 0.12x |
| 52-Week HighHighest price in past year | $35.75 | $134.69 |
| 52-Week LowLowest price in past year | $29.16 | $91.89 |
| % of 52W HighCurrent price vs 52-week peak | +95.7% | +96.6% |
| RSI (14)Momentum oscillator 0–100 | 54.8 | 58.1 |
| Avg Volume (50D)Average daily shares traded | 58K | 17.2M |
Analyst Outlook
Evenly matched — BFS and WMT each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates BFS as "Hold" and WMT as "Buy". Consensus price targets imply 27.2% upside for BFS (target: $44) vs 5.4% for WMT (target: $137). For income investors, BFS offers the higher dividend yield at 6.89% vs WMT's 0.72%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $43.50 | $137.04 |
| # AnalystsCovering analysts | 7 | 64 |
| Dividend YieldAnnual dividend ÷ price | +6.9% | +0.7% |
| Dividend StreakConsecutive years of raises | 0 | 37 |
| Dividend / ShareAnnual DPS | $2.36 | $0.94 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.8% |
WMT leads in 3 of 6 categories (Profitability & Efficiency, Total Returns). BFS leads in 2 (Income & Cash Flow, Valuation Metrics). 1 tied.
BFS vs WMT: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is BFS or WMT a better buy right now?
For growth investors, Walmart Inc.
(WMT) is the stronger pick with 4. 7% revenue growth year-over-year, versus 4. 5% for Saul Centers, Inc. (BFS). Saul Centers, Inc. (BFS) offers the better valuation at 21. 0x trailing P/E (60. 0x forward), making it the more compelling value choice. Analysts rate Walmart Inc. (WMT) a "Buy" — based on 64 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — BFS or WMT?
On trailing P/E, Saul Centers, Inc.
(BFS) is the cheapest at 21. 0x versus Walmart Inc. at 47. 6x. On forward P/E, Walmart Inc. is actually cheaper at 44. 7x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — BFS or WMT?
Over the past 5 years, Walmart Inc.
(WMT) delivered a total return of +185. 3%, compared to +3. 9% for Saul Centers, Inc. (BFS). Over 10 years, the gap is even starker: WMT returned +505. 0% versus BFS's -2. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — BFS or WMT?
By beta (market sensitivity over 5 years), Walmart Inc.
(WMT) is the lower-risk stock at 0. 12β versus Saul Centers, Inc. 's 0. 32β — meaning BFS is approximately 174% more volatile than WMT relative to the S&P 500. On balance sheet safety, Walmart Inc. (WMT) carries a lower debt/equity ratio of 67% versus 3% for Saul Centers, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — BFS or WMT?
By revenue growth (latest reported year), Walmart Inc.
(WMT) is pulling ahead at 4. 7% versus 4. 5% for Saul Centers, Inc. (BFS). On earnings-per-share growth, the picture is similar: Walmart Inc. grew EPS 13. 3% year-over-year, compared to -5. 8% for Saul Centers, Inc.. Over a 3-year CAGR, WMT leads at 5. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — BFS or WMT?
Saul Centers, Inc.
(BFS) is the more profitable company, earning 18. 8% net margin versus 3. 1% for Walmart Inc. — meaning it keeps 18. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: BFS leads at 45. 1% versus 4. 2% for WMT. At the gross margin level — before operating expenses — BFS leads at 73. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is BFS or WMT more undervalued right now?
On forward earnings alone, Walmart Inc.
(WMT) trades at 44. 7x forward P/E versus 60. 0x for Saul Centers, Inc. — 15. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for BFS: 27. 2% to $43. 50.
08Which pays a better dividend — BFS or WMT?
All stocks in this comparison pay dividends.
Saul Centers, Inc. (BFS) offers the highest yield at 6. 9%, versus 0. 7% for Walmart Inc. (WMT).
09Is BFS or WMT better for a retirement portfolio?
For long-horizon retirement investors, Walmart Inc.
(WMT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 12), 0. 7% yield, +505. 0% 10Y return). Both have compounded well over 10 years (WMT: +505. 0%, BFS: -2. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between BFS and WMT?
These companies operate in different sectors (BFS (Real Estate) and WMT (Consumer Defensive)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
In terms of investment character: BFS is a small-cap income-oriented stock; WMT is a mega-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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