BXP BXP, Inc.
too hard · 48
Owner-earnings value$79.13
Price$61.11
Margin of safety
+29.5%
Quality gate · 48/100
⚠ sub-hurdle returns (median roic 3% < 9%) · over-levered (net debt/EBITDA 8.0x > 4x)
Median ROIC3.5%
Gross margin60.5%
Net debt / EBITDA8.0x
FCF conversion381%
Share count / yr+0.4%
Profitable years4/4
Moat & management
Owner-earnings inputs
| Owner earnings (TTM) | 1.28B |
| Owner-earnings yield | 11.6% |
| Free-cash-flow yield | 11.6% |
| Growth used (normalized) | -6.8% |
| Market-implied growth (reverse DCF) | -12.8% |
| Terminal growth | 3.0% |
| Discount rate (hurdle) | 9.9% |
Projected owner earnings
| Yr | Owner earnings | Growth | PV |
|---|---|---|---|
| 1 | 1.20B | -6.8% | 1.09B |
| 2 | 1.13B | -5.7% | 933.74M |
| 3 | 1.08B | -4.6% | 810.01M |
| 4 | 1.04B | -3.5% | 710.70M |
| 5 | 1.01B | -2.4% | 630.61M |
| 6 | 999.14M | -1.4% | 565.79M |
| 7 | 996.45M | -0.3% | 513.25M |
| 8 | 1.00B | 0.8% | 470.67M |
| 9 | 1.02B | 1.9% | 436.28M |
| 10 | 1.05B | 3.0% | 408.74M |
Recent news
score · 8 articles
- Is BXP (BXP) Still Trading At A Discount As Its Dividend Holds Firm?
- Data Centers Got the AI Hype—But Office REITs May Get the Rent Hikes
- Is BXP Stock Underperforming the Dow?
- BXP vs. NHI: Which Stock Is the Better Value Option?
- These 6 High-Yield Dividends May Be Too Good to Be True
- Here’s Why Baron Capital Reacquired BXP (BXP)
- The Office Boom Is Back. Can REITs Be Far Behind?
- Why Is Boston Properties (BXP) Down 3.7% Since Last Earnings Report?
⚠ owner earnings approximated by free cash flow · Price pays for ~-13%/yr owner-earnings growth over 10y (reverse DCF); model credits -7%. Capped at market + 6pts.