BXP INC (BXP)
US1011211018 - REIT
Taking everything into account, BXP scores 4 out of 10 in our fundamental rating. BXP was compared to 127 industry peers in the Diversified REITs industry. BXP has only an average score on both its financial health and profitability. BXP does not seem to be growing, but still is valued expensively. BXP also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year BXP was profitable.
In the past year BXP had a positive cash flow from operations.
BXP had positive earnings in each of the past 5 years.
Each year in the past 5 years BXP had a positive operating cash flow.
1.2 Ratios
BXP's Return On Assets of 0.75% is in line compared to the rest of the industry. BXP outperforms 50.40% of its industry peers.
The Return On Equity of BXP (3.28%) is better than 60.80% of its industry peers.
The Return On Invested Capital of BXP (3.39%) is better than 66.40% of its industry peers.
BXP had an Average Return On Invested Capital over the past 3 years of 3.48%. This is in line with the industry average of 3.01%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.75% | ||
| ROE | 3.28% | ||
| ROIC | 3.39% |
ROA(3y)2.15%
ROA(5y)2.53%
ROE(3y)8.52%
ROE(5y)9.79%
ROIC(3y)3.48%
ROIC(5y)3.55%
1.3 Margins
Looking at the Profit Margin, with a value of 5.81%, BXP is in line with its industry, outperforming 52.00% of the companies in the same industry.
In the last couple of years the Profit Margin of BXP has declined.
With a decent Operating Margin value of 31.71%, BXP is doing good in the industry, outperforming 68.80% of the companies in the same industry.
BXP's Operating Margin has been stable in the last couple of years.
BXP has a worse Gross Margin (62.08%) than 68.00% of its industry peers.
In the last couple of years the Gross Margin of BXP has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.71% | ||
| PM (TTM) | 5.81% | ||
| GM | 62.08% |
OM growth 3Y-1.09%
OM growth 5Y-1.44%
PM growth 3Y-42.88%
PM growth 5Y-22.71%
GM growth 3Y-0.01%
GM growth 5Y-0.02%
2. Health
2.1 Basic Checks
BXP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, BXP has about the same amount of shares outstanding.
BXP has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, BXP has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.60, we must say that BXP is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of BXP (0.60) is comparable to the rest of the industry.
BXP has a debt to FCF ratio of 77.90. This is a negative value and a sign of low solvency as BXP would need 77.90 years to pay back of all of its debts.
BXP's Debt to FCF ratio of 77.90 is in line compared to the rest of the industry. BXP outperforms 46.40% of its industry peers.
BXP has a Debt/Equity ratio of 2.69. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 2.69, BXP is doing worse than 83.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.69 | ||
| Debt/FCF | 77.9 | ||
| Altman-Z | 0.6 |
ROIC/WACC0.54
WACC6.26%
2.3 Liquidity
BXP has a Current Ratio of 2.25. This indicates that BXP is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 2.25, BXP is doing good in the industry, outperforming 75.20% of the companies in the same industry.
A Quick Ratio of 2.25 indicates that BXP has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.25, BXP is in the better half of the industry, outperforming 76.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.25 | ||
| Quick Ratio | 2.25 |
3. Growth
3.1 Past
The earnings per share for BXP have decreased strongly by -48.30% in the last year.
Measured over the past years, BXP shows a decrease in Earnings Per Share. The EPS has been decreasing by -7.13% on average per year.
Looking at the last year, BXP shows a small growth in Revenue. The Revenue has grown by 4.83% in the last year.
Measured over the past years, BXP shows a small growth in Revenue. The Revenue has been growing by 3.80% on average per year.
EPS 1Y (TTM)-48.3%
EPS 3Y-24.15%
EPS 5Y-7.13%
EPS Q2Q%2%
Revenue 1Y (TTM)4.83%
Revenue growth 3Y5.78%
Revenue growth 5Y3.8%
Sales Q2Q%4.51%
3.2 Future
The Earnings Per Share is expected to grow by 4.76% on average over the next years.
The Revenue is expected to grow by 2.51% on average over the next years.
EPS Next Y-14.33%
EPS Next 2Y-11.83%
EPS Next 3Y-1.43%
EPS Next 5Y4.76%
Revenue Next Year2.7%
Revenue Next 2Y2.32%
Revenue Next 3Y2.96%
Revenue Next 5Y2.51%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 26.82, the valuation of BXP can be described as expensive.
Based on the Price/Earnings ratio, BXP is valued a bit cheaper than 70.40% of the companies in the same industry.
BXP is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 24.29, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 34.63 indicates a quite expensive valuation of BXP.
70.40% of the companies in the same industry are more expensive than BXP, based on the Price/Forward Earnings ratio.
BXP is valuated expensively when we compare the Price/Forward Earnings ratio to 20.35, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.82 | ||
| Fwd PE | 34.63 |
4.2 Price Multiples
62.40% of the companies in the same industry are more expensive than BXP, based on the Enterprise Value to EBITDA ratio.
BXP's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 53.66 | ||
| EV/EBITDA | 13.62 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-11.83%
EPS Next 3Y-1.43%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.83%, BXP is a good candidate for dividend investing.
BXP's Dividend Yield is a higher than the industry average which is at 5.52.
Compared to an average S&P500 Dividend Yield of 2.29, BXP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.83% |
5.2 History
The dividend of BXP has a limited annual growth rate of 2.81%.
BXP has paid a dividend for at least 10 years, which is a reliable track record.
BXP has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)2.81%
Div Incr Years0
Div Non Decr Years13
5.3 Sustainability
BXP pays out 358.10% of its income as dividend. This is not a sustainable payout ratio.
BXP's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP358.1%
EPS Next 2Y-11.83%
EPS Next 3Y-1.43%
BXP INC
NYSE:BXP (7/26/2024, 10:23:43 AM)
69.195
+1.28 (+1.89%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap10.87B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.83% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.82 | ||
| Fwd PE | 34.63 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.75% | ||
| ROE | 3.28% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 31.71% | ||
| PM (TTM) | 5.81% | ||
| GM | 62.08% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.69 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.25 | ||
| Quick Ratio | 2.25 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-48.3%
EPS 3Y-24.15%
EPS 5Y
EPS Q2Q%
EPS Next Y-14.33%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)4.83%
Revenue growth 3Y5.78%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y