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MRP vs PLD

MRP
Millrose Properties, Inc.
NEUTRAL
Price
$30.49
Market Cap
$5.06B
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
MRP
12.5
PLD
38.93
Forward P/E
MRP
9.65
PLD
42.4
P/B Ratio
MRP
0.86
PLD
2.44
P/S Ratio
MRP
8.43
PLD
14.17
EV/EBITDA
MRP
--
PLD
26.24

Profitability

Gross Margin
MRP
85.39%
PLD
75.69%
Operating Margin
MRP
84.82%
PLD
41.33%
Profit Margin
MRP
67.42%
PLD
36.2%
ROE
MRP
7.35%
PLD
6.13%
ROA
MRP
4.13%
PLD
2.46%

Growth

Revenue Growth
MRP
--
PLD
4.0%
Earnings Growth
MRP
--
PLD
6.3%

Financial Health

Debt/Equity
MRP
0.36
PLD
0.62
Current Ratio
MRP
53.56
PLD
0.6
Quick Ratio
MRP
0.2
PLD
0.46

Dividends

Dividend Yield
MRP
9.97%
PLD
3.09%
Payout Ratio
MRP
104.51%
PLD
113.48%

AI Verdict

MRP NEUTRAL

MRP exhibits strong fundamental health with a Piotroski F-Score of 7/9 and a conservative Debt/Equity ratio of 0.36, significantly outperforming sector averages. While the stock is undervalued relative to its Graham Number ($44.01) and Book Value (P/B 0.86), this value is offset by a critical dividend sustainability issue with a payout ratio of 104.51%. Furthermore, the company has failed to beat earnings estimates in the last four quarters, and the technical trend is currently bearish (0/100), suggesting a disconnect between asset value and operational momentum.

Strengths
Strong financial health indicated by a Piotroski F-Score of 7/9
Very low leverage (Debt/Equity 0.36) compared to REIT sector average (2.40)
Trading at a discount to book value (P/B 0.86) and Graham Number ($44.01)
Risks
Unsustainable dividend payout ratio of 104.51%, indicating dividends exceed earnings
Poor earnings track record with 0/4 beats in the last four quarters
Severe bearish technical trend (0/100 score)
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

MRP vs PLD: Head-to-Head Comparison

This page compares Millrose Properties, Inc. (MRP) 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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