BXP:NYE-Boston Properties, Inc (USD)

COMMON STOCK | REIT-Office | NYE

Last Closing Price

USD 92.72

Change

+1.44 (+1.58)%

Market Cap

USD 14.21B

Volume

0.94M

Average Target Price

USD 97.55 (+5.20%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Boston Properties (NYSE: BXP) is the largest publicly-held developer and owner of Class A office properties in the United States, concentrated in five markets - Boston, Los Angeles, New York, San Francisco and Washington, DC. The Company is a fully integrated real estate company, organized as a real estate investment trust (REIT), that develops, manages, operates, acquires and owns a diverse portfolio of primarily Class A office space. The Company's portfolio totals 51.2 million square feet and 196 properties, including seven properties under construction/redevelopment.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-01-26 )

Largest Industry Peers for REIT-Office

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
DLR Digital Realty Trust, Inc

+3.22 (+2.26%)

USD39.96B 65.61 23.39
DLR-PK Digital Realty Trust, Inc

+0.03 (+0.11%)

USD28.44B 12.59 N/A
DLR-PJ Digital Realty Trust, Inc

-0.10 (-0.36%)

USD28.28B 12.13 N/A
DLR-PG Digital Realty Trust, Inc

N/A

USD26.86B 10.33 N/A
DLR-PI Digital Realty Trust, Inc

N/A

USD25.83B 10.60 N/A
DLR-PC Digital Realty Trust, Inc

+0.02 (+0.06%)

USD25.65B 11.81 N/A
BXP-PB Boston Properties, Inc

-0.05 (-0.18%)

USD23.98B 3.96 N/A
ARE Alexandria Real Estate Equitie..

-0.47 (-0.28%)

USD23.48B 39.39 22.00
VNO-PM Vornado Realty Trust

+0.07 (+0.25%)

USD14.70B 93.27 N/A
VNO-PL Vornado Realty Trust

-0.02 (-0.08%)

USD13.84B 89.46 N/A

ETFs Containing BXP

Symbol Name Weight Mer Price(Change) Market Cap
PRME First Trust Trust Heitman.. 0.00 % 0.95 %

N/A

USD2.10M
WREI Invesco Wilshire US REIT .. 0.00 % 0.32 %

N/A

USD0.01B
GRNB VanEck Vectors Green Bond.. 0.00 % 0.20 %

N/A

USD0.06B
PPTY PPTY ? U.S. Diversified R.. 0.00 % 0.49 %

+0.12 (+0.41%)

USD0.11B
IIGV Invesco Investment Grade .. 0.00 % 0.13 %

-0.01 (-0.04%)

USD0.04B
IDUP:LSE iShares US Property Yield.. 0.00 % 0.40 %

+0.21 (+0.76%)

USD0.56B
IUSP:XETRA iShares US Property Yield.. 0.00 % 0.50 %

+0.16 (+0.33%)

USD6.68B

Market Performance

  Market Performance vs.
Industry/Classification (REIT-Office)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -1.91% 26% F 17% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -1.91% 26% F 16% F
Trailing 12 Months  
Capital Gain -34.32% 18% F 8% F
Dividend Return 2.78% 31% F 54% F
Total Return -31.55% 16% F 8% F
Trailing 5 Years  
Capital Gain -19.68% 35% F 17% F
Dividend Return 14.73% 9% F 44% F
Total Return -4.95% 30% F 16% F
Average Annual (5 Year Horizon)  
Capital Gain -5.61% 27% F 21% F
Dividend Return 2.68% 47% F 63% D
Total Return -2.93% 24% F 21% F
Risk Return Profile  
Volatility (Standard Deviation) 16.63% 46% F 50% F
Risk Adjusted Return -17.63% 27% F 23% F
Market Capitalization 14.21B 80% B- 86% B
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(REIT-Office)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 14.26 62% D- 63% D
Price/Book Ratio 2.40 8% F 39% F
Price / Cash Flow Ratio 12.03 60% D- 36% F
EV/EBITDA 11.48 80% B- 60% D-
Management Effectiveness  
Return on Equity 14.19% 87% B+ 80% B-
Return on Invested Capital 20.52% 97% A+ 92% A-
Return on Assets 2.61% 95% A 59% F
Debt to Equity Ratio 207.78% 5% F 14% F
Technical Ratios  
Short Ratio 4.09 46% F 22% F
Short Percent 3.61% 48% F 53% F
Beta 1.26 27% F 38% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Higly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.