BXP INC (BXP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BXP - US1011211018 - REIT
65.01 USD
+0.86 (+1.34%)
65.0051 USD
0 (-0.01%)
BXP gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 124 industry peers in the Diversified REITs industry. BXP may be in some trouble as it scores bad on both profitability and health. BXP has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
- BXP had positive earnings in the past year.
- BXP had a positive operating cash flow in the past year.
- BXP had positive earnings in 4 of the past 5 years.
- BXP had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- With a Return On Assets value of -0.77%, BXP is not doing good in the industry: 65.32% of the companies in the same industry are doing better.
- BXP has a worse Return On Equity (-4.01%) than 68.55% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 3.24%, BXP is in the better half of the industry, outperforming 63.71% of the companies in the same industry.
- BXP had an Average Return On Invested Capital over the past 3 years of 3.37%. This is in line with the industry average of 3.05%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.77% | ||
| ROE | -4.01% | ||
| ROIC | 3.24% |
ROA(3y)1.43%
ROA(5y)2.06%
ROE(3y)5.78%
ROE(5y)8.04%
ROIC(3y)3.37%
ROIC(5y)3.39%
1.3 Margins
- In the last couple of years the Profit Margin of BXP has declined.
- BXP has a Operating Margin of 29.52%. This is in the better half of the industry: BXP outperforms 60.48% of its industry peers.
- In the last couple of years the Operating Margin of BXP has declined.
- BXP has a Gross Margin of 60.40%. This is in the lower half of the industry: BXP underperforms 65.32% 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 | 29.52% | ||
| PM (TTM) | N/A | ||
| GM | 60.4% |
OM growth 3Y-3.8%
OM growth 5Y-3.26%
PM growth 3Y-71%
PM growth 5Y-52.47%
GM growth 3Y-1.62%
GM growth 5Y-0.75%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BXP is destroying value.
- BXP has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- BXP has an Altman-Z score of 0.49. This is a bad value and indicates that BXP is not financially healthy and even has some risk of bankruptcy.
- BXP has a Altman-Z score (0.49) which is in line with its industry peers.
- A Debt/Equity ratio of 3.39 is on the high side and indicates that BXP has dependencies on debt financing.
- The Debt to Equity ratio of BXP (3.39) is worse than 79.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.39 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.49 |
ROIC/WACC0.53
WACC6.18%
2.3 Liquidity
- A Current Ratio of 1.44 indicates that BXP should not have too much problems paying its short term obligations.
- The Current ratio of BXP (1.44) is better than 70.16% of its industry peers.
- A Quick Ratio of 1.44 indicates that BXP should not have too much problems paying its short term obligations.
- BXP has a Quick ratio of 1.44. This is in the better half of the industry: BXP outperforms 70.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.44 | ||
| Quick Ratio | 1.44 |
3. Growth
3.1 Past
- BXP shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.00%.
- Measured over the past years, BXP shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -18.87% on average per year.
EPS 1Y (TTM)-8%
EPS 3Y-27.36%
EPS 5Y-18.87%
EPS Q2Q%122.86%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%2.16%
3.2 Future
- Based on estimates for the next years, BXP will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.19% on average per year.
- Based on estimates for the next years, BXP will show a small growth in Revenue. The Revenue will grow by 2.26% on average per year.
EPS Next Y9%
EPS Next 2Y9.69%
EPS Next 3Y10.7%
EPS Next 5Y10.19%
Revenue Next Year0.98%
Revenue Next 2Y2.17%
Revenue Next 3Y1.69%
Revenue Next 5Y2.26%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 31.41, which means the current valuation is very expensive for BXP.
- Compared to the rest of the industry, the Price/Earnings ratio of BXP indicates a somewhat cheap valuation: BXP is cheaper than 62.90% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 28.60. BXP is around the same levels.
- BXP is valuated quite expensively with a Price/Forward Earnings ratio of 28.81.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of BXP indicates a somewhat cheap valuation: BXP is cheaper than 79.84% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of BXP to the average of the S&P500 Index (25.83), we can say BXP is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.41 | ||
| Fwd PE | 28.81 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, BXP is valued a bit cheaper than the industry average as 66.13% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.25 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BXP does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)3.49
PEG (5Y)N/A
EPS Next 2Y9.69%
EPS Next 3Y10.7%
5. Dividend
5.1 Amount
- BXP has a Yearly Dividend Yield of 4.29%, which is a nice return.
- BXP's Dividend Yield is slightly below the industry average, which is at 6.82.
- BXP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.29% |
5.2 History
- The dividend of BXP has a limited annual growth rate of 0.30%.
- BXP has been paying a dividend for at least 10 years, so it has a reliable track record.
- BXP has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)0.3%
Div Incr Years0
Div Non Decr Years14
5.3 Sustainability
- The earnings of BXP are negative and hence is the payout ratio. BXP will probably not be able to sustain this dividend level.
- The dividend of BXP is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-345.4%
EPS Next 2Y9.69%
EPS Next 3Y10.7%
BXP INC / BXP FAQ
Can you provide the ChartMill fundamental rating for BXP INC?
ChartMill assigns a fundamental rating of 3 / 10 to BXP.
What is the valuation status of BXP INC (BXP) stock?
ChartMill assigns a valuation rating of 2 / 10 to BXP INC (BXP). This can be considered as Overvalued.
What is the profitability of BXP stock?
BXP INC (BXP) has a profitability rating of 3 / 10.
What is the earnings growth outlook for BXP INC?
The Earnings per Share (EPS) of BXP INC (BXP) is expected to grow by 9% in the next year.
Is the dividend of BXP INC sustainable?
The dividend rating of BXP INC (BXP) is 6 / 10 and the dividend payout ratio is -345.4%.