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NLOP vs PLD

NLOP
Net Lease Office Properties
BEARISH
Price
$13.06
Market Cap
$193.5M
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
NLOP
--
PLD
38.93
Forward P/E
NLOP
--
PLD
42.4
P/B Ratio
NLOP
0.66
PLD
2.44
P/S Ratio
NLOP
1.83
PLD
14.17
EV/EBITDA
NLOP
1.49
PLD
26.24

Profitability

Gross Margin
NLOP
87.57%
PLD
75.69%
Operating Margin
NLOP
4.34%
PLD
41.33%
Profit Margin
NLOP
-137.15%
PLD
36.2%
ROE
NLOP
-32.87%
PLD
6.13%
ROA
NLOP
2.69%
PLD
2.46%

Growth

Revenue Growth
NLOP
-36.0%
PLD
4.0%
Earnings Growth
NLOP
--
PLD
6.3%

Financial Health

Debt/Equity
NLOP
0.07
PLD
0.62
Current Ratio
NLOP
2.11
PLD
0.6
Quick Ratio
NLOP
2.08
PLD
0.46

Dividends

Dividend Yield
NLOP
--
PLD
3.09%
Payout Ratio
NLOP
0.0%
PLD
113.48%

AI Verdict

NLOP BEARISH

NLOP exhibits severe operational distress, highlighted by a weak Piotroski F-Score of 2/9 and a catastrophic profit margin of -137.15%. While the company maintains a strong balance sheet with very low leverage (Debt/Equity 0.07) and healthy liquidity (Current Ratio 2.11), these are offset by a massive 36% year-over-year decline in revenue. The stock is trading at a significant discount to book value (P/B 0.66), but the lack of dividends and deteriorating fundamentals suggest a value trap rather than a value opportunity.

Strengths
Extremely low leverage with a Debt/Equity ratio of 0.07
Strong short-term liquidity (Current Ratio 2.11)
Trading significantly below book value (P/B 0.66)
Risks
Severe operational losses with a profit margin of -137.15%
Significant revenue contraction (-36% YoY)
Weak financial health as indicated by a Piotroski F-Score of 2/9
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

NLOP vs PLD: Head-to-Head Comparison

This page compares Net Lease Office Properties (NLOP) 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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