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BXP vs PLD

BXP
BXP, Inc.
BEARISH
Price
$57.73
Market Cap
$9.16B
Sector
Real Estate
AI Confidence
85%
PLD
Prologis, Inc.
BEARISH
Price
$139.77
Market Cap
$130.3B
Sector
Real Estate
AI Confidence
85%

Valuation

P/E Ratio
BXP
33.18
PLD
38.93
Forward P/E
BXP
27.69
PLD
42.4
P/B Ratio
BXP
1.78
PLD
2.44
P/S Ratio
BXP
2.91
PLD
14.17
EV/EBITDA
BXP
17.12
PLD
26.24

Profitability

Gross Margin
BXP
56.44%
PLD
75.69%
Operating Margin
BXP
-6.59%
PLD
41.33%
Profit Margin
BXP
8.78%
PLD
36.2%
ROE
BXP
4.92%
PLD
6.13%
ROA
BXP
1.67%
PLD
2.46%

Growth

Revenue Growth
BXP
-31.9%
PLD
4.0%
Earnings Growth
BXP
--
PLD
6.3%

Financial Health

Debt/Equity
BXP
2.26
PLD
0.62
Current Ratio
BXP
0.92
PLD
0.6
Quick Ratio
BXP
0.86
PLD
0.46

Dividends

Dividend Yield
BXP
5.34%
PLD
3.09%
Payout Ratio
BXP
193.1%
PLD
113.48%

AI Verdict

BXP BEARISH

BXP exhibits a stable but fragile financial health with a Piotroski F-Score of 4/9, while valuation metrics suggest the stock is significantly overpriced. The current price of $57.73 trades at a steep premium to the Graham Number ($35.65) and the Intrinsic Value ($12.18). Severe revenue contraction (-31.90% YoY) and an unsustainable dividend payout ratio of 193.10% indicate a high risk of capital erosion or dividend cuts. Despite bullish analyst targets, the deterministic data and bearish insider activity point toward a value trap.

Strengths
Portfolio concentrated in premier 'gateway' markets (NYC, DC, Boston, etc.)
Strong gross margins (56.44%) reflecting high-quality asset base
Recent positive Q/Q EPS growth surprise (+533.3%)
Risks
Unsustainable dividend payout ratio (193.10%) suggesting an imminent cut
Severe YoY revenue decline of -31.90% due to structural shifts in office demand
High Debt/Equity ratio (2.26) combined with a Current Ratio below 1.0 (0.92)
PLD BEARISH

PLD exhibits a stable but mediocre Piotroski F-Score of 4/9, indicating a lack of strong fundamental momentum. The stock is trading at a severe premium, with a current price of $139.77 far exceeding both the Graham Number ($67.96) and the Intrinsic Value ($59.06). While the company maintains dominant market margins and a healthy debt-to-equity ratio, the unsustainable dividend payout ratio of 113.48% and an astronomical PEG ratio of 108.01 signal extreme overvaluation. Technical trends and insider selling further reinforce a bearish outlook despite analyst 'buy' ratings.

Strengths
Dominant market position in Industrial REIT sector
Strong profitability margins (Gross Margin 75.69%, Operating Margin 41.33%)
Manageable Debt/Equity ratio of 0.62
Risks
Severe overvaluation relative to Graham and Intrinsic value benchmarks
Unsustainable dividend payout ratio (113.48%)
Extremely high PEG ratio (108.01) suggesting growth does not justify price

Compare Another Pair

BXP vs PLD: Head-to-Head Comparison

This page compares BXP, Inc. (BXP) and Prologis, Inc. (PLD) across key fundamental metrics including valuation ratios, profitability margins, growth rates, financial health indicators, and dividend metrics. Each metric highlights the better-performing stock so you can quickly identify relative strengths and weaknesses.

Our AI engine independently analyzes each company's financials, competitive position, and market conditions to produce a verdict (Bullish, Neutral, or Bearish) along with key strengths and risks. Use this comparison alongside your own research to make informed investment decisions.

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