Global Net Lease Inc vs JBG SMITH Properties

Global Net Lease Inc (GNL) is overvalued and we do not publish a verdict for JBG SMITH Properties (JBGS).

We publish an intrinsic value for GNL but not for JBGS, so the two cannot be ranked on price.

Values as of the 22 Sept 2026 close.

Global Net Lease Inc (GNL)

Discounting its cash flows at 7.5% (average of 2 methods) values the shares at $3.98; the price of $8.71 is 119% above that value, and 82% of that value comes from beyond year five.

Leak Score 0/100 on 2 of 12 signals

JBG SMITH Properties (JBGS)

We do not publish a value for this company: there is no balance sheet on file to value what it owns.

Leak Score 51/100 on 7 of 12 signals

MetricGNLJBGS
VerdictOvervaluedNot valued
Price$8.71$11.01
Intrinsic value$3.98
Margin of safety-119%
Leak Score0/100 (2/12)51/100 (7/12)
Market cap$2.0B$822M
Revenue growth, 5 years8.6%-3.7%
Operating margin34.9%0.4%
Net margin-13.3%-30.3%
Return on equity-1.0%-12.9%
Debt to equity1.632.41
P/B1.2x0.6x
Dividend yield8.7%6.4%

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