BXP INC (BXP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BXP - US1011211018 - REIT
70.04 USD
+1.38 (+2.01%)
70.1 USD
+0.06 (+0.09%)
Overall BXP gets a fundamental rating of 3 out of 10. We evaluated BXP against 128 industry peers in the Diversified REITs industry. There are concerns on the financial health of BXP while its profitability can be described as average. BXP does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year BXP was profitable.
BXP had a positive operating cash flow in the past year.
In the past 5 years BXP has always been profitable.
Each year in the past 5 years BXP had a positive operating cash flow.
1.2 Ratios
BXP has a Return On Assets (0.02%) which is comparable to the rest of the industry.
BXP has a Return On Equity (0.09%) which is in line with its industry peers.
With a decent Return On Invested Capital value of 3.33%, BXP is doing good in the industry, outperforming 64.06% 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 3.04%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.02% | ||
| ROE | 0.09% | ||
| ROIC | 3.33% |
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
BXP has a Profit Margin (0.14%) which is in line with its industry peers.
BXP's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 29.84%, BXP is doing good in the industry, outperforming 61.72% of the companies in the same industry.
BXP's Operating Margin has declined in the last couple of years.
BXP's Gross Margin of 60.37% is on the low side compared to the rest of the industry. BXP is outperformed by 66.41% 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 | 29.84% | ||
| PM (TTM) | 0.14% | ||
| GM | 60.37% |
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.
Compared to 1 year ago, BXP has more 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 0.51, we must say that BXP is in the distress zone and has some risk of bankruptcy.
BXP has a Altman-Z score (0.51) which is in line with its industry peers.
BXP has a debt to FCF ratio of 329.23. This is a negative value and a sign of low solvency as BXP would need 329.23 years to pay back of all of its debts.
The Debt to FCF ratio of BXP (329.23) is comparable to the rest of the industry.
BXP has a Debt/Equity ratio of 3.08. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 3.08, BXP is not doing good in the industry: 80.47% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.08 | ||
| Debt/FCF | 329.23 | ||
| Altman-Z | 0.51 |
ROIC/WACC0.55
WACC6.07%
2.3 Liquidity
BXP has a Current Ratio of 1.13. This is a normal value and indicates that BXP is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.13, BXP perfoms like the industry average, outperforming 55.47% of the companies in the same industry.
A Quick Ratio of 1.13 indicates that BXP should not have too much problems paying its short term obligations.
BXP's Quick ratio of 1.13 is in line compared to the rest of the industry. BXP outperforms 56.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 1.13 |
3. Growth
3.1 Past
BXP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -47.62%.
The Earnings Per Share has been decreasing by -7.37% on average over the past years.
The Revenue has been growing slightly by 2.54% in the past year.
BXP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.85% yearly.
EPS 1Y (TTM)-47.62%
EPS 3Y-10.8%
EPS 5Y-7.37%
EPS Q2Q%-162.26%
Revenue 1Y (TTM)2.54%
Revenue growth 3Y5.66%
Revenue growth 5Y2.85%
Sales Q2Q%1.43%
3.2 Future
The Earnings Per Share is expected to grow by 6.27% on average over the next years.
The Revenue is expected to grow by 2.07% on average over the next years.
EPS Next Y-10.4%
EPS Next 2Y-3.19%
EPS Next 3Y1.24%
EPS Next 5Y6.27%
Revenue Next Year2.18%
Revenue Next 2Y2.22%
Revenue Next 3Y2.6%
Revenue Next 5Y2.07%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
With a Price/Earnings ratio of 57.88, BXP can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of BXP is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 25.45, BXP is valued quite expensively.
Based on the Price/Forward Earnings ratio of 33.22, the valuation of BXP can be described as expensive.
BXP's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BXP is cheaper than 71.09% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.46, BXP is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 57.88 | ||
| Fwd PE | 33.22 |
4.2 Price Multiples
BXP's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BXP is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 225.76 | ||
| EV/EBITDA | 13.45 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-3.19%
EPS Next 3Y1.24%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.08%, BXP is a good candidate for dividend investing.
BXP's Dividend Yield is slightly below the industry average, which is at 6.59.
BXP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.08% |
5.2 History
The dividend of BXP has a limited annual growth rate of 0.30%.
BXP has paid a dividend for at least 10 years, which is 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
BXP pays out 14036.40% 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.
DP14036.4%
EPS Next 2Y-3.19%
EPS Next 3Y1.24%
70.04
+1.38 (+2.01%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners110.58%
Inst Owner Change8.05%
Ins Owners0.19%
Ins Owner Change-2.79%
Market Cap11.09B
Revenue(TTM)3.46B
Net Income(TTM)4.93M
Analysts71.85
Price Target80.75 (15.29%)
Short Float %6.82%
Short Ratio5.41
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.08% |
Yearly Dividend4.38
Dividend Growth(5Y)0.3%
DP14036.4%
Div Incr Years0
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.75%
Min EPS beat(2)1.99%
Max EPS beat(2)5.52%
EPS beat(4)3
Avg EPS beat(4)11.27%
Min EPS beat(4)-3.05%
Max EPS beat(4)40.62%
EPS beat(8)6
Avg EPS beat(8)8.87%
EPS beat(12)9
Avg EPS beat(12)24.89%
EPS beat(16)13
Avg EPS beat(16)34.66%
Revenue beat(2)2
Avg Revenue beat(2)1.12%
Min Revenue beat(2)0.23%
Max Revenue beat(2)2.02%
Revenue beat(4)4
Avg Revenue beat(4)1.13%
Min Revenue beat(4)0.23%
Max Revenue beat(4)2.02%
Revenue beat(8)8
Avg Revenue beat(8)1.45%
Revenue beat(12)12
Avg Revenue beat(12)1.55%
Revenue beat(16)15
Avg Revenue beat(16)1.55%
PT rev (1m)1.92%
PT rev (3m)3.85%
EPS NQ rev (1m)-7.82%
EPS NQ rev (3m)-14.28%
EPS NY rev (1m)-3.22%
EPS NY rev (3m)7.64%
Revenue NQ rev (1m)-0.28%
Revenue NQ rev (3m)-0.35%
Revenue NY rev (1m)0.17%
Revenue NY rev (3m)0.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 57.88 | ||
| Fwd PE | 33.22 | ||
| P/S | 3.21 | ||
| P/FCF | 225.76 | ||
| P/OCF | 9 | ||
| P/B | 2.11 | ||
| P/tB | 2.11 | ||
| EV/EBITDA | 13.45 |
EPS(TTM)1.21
EY1.73%
EPS(NY)2.11
Fwd EY3.01%
FCF(TTM)0.31
FCFY0.44%
OCF(TTM)7.79
OCFY11.12%
SpS21.79
BVpS33.2
TBVpS33.2
PEG (NY)N/A
PEG (5Y)N/A
Graham Number30.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.02% | ||
| ROE | 0.09% | ||
| ROCE | 4.35% | ||
| ROIC | 3.33% | ||
| ROICexc | 3.39% | ||
| ROICexgc | 3.39% | ||
| OM | 29.84% | ||
| PM (TTM) | 0.14% | ||
| GM | 60.37% | ||
| FCFM | 1.42% |
ROA(3y)1.43%
ROA(5y)2.06%
ROE(3y)5.78%
ROE(5y)8.04%
ROIC(3y)3.37%
ROIC(5y)3.39%
ROICexc(3y)3.54%
ROICexc(5y)3.55%
ROICexgc(3y)3.54%
ROICexgc(5y)3.55%
ROCE(3y)4.3%
ROCE(5y)4.3%
ROICexgc growth 3Y-2.23%
ROICexgc growth 5Y-4.04%
ROICexc growth 3Y-2.23%
ROICexc growth 5Y-4.04%
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%
F-Score5
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.08 | ||
| Debt/FCF | 329.23 | ||
| Debt/EBITDA | 8.41 | ||
| Cap/Depr | 132.6% | ||
| Cap/Sales | 34.3% | ||
| Interest Coverage | 1.52 | ||
| Cash Conversion | 64.12% | ||
| Profit Quality | 997.06% | ||
| Current Ratio | 1.13 | ||
| Quick Ratio | 1.13 | ||
| Altman-Z | 0.51 |
F-Score5
WACC6.07%
ROIC/WACC0.55
Cap/Depr(3y)182.14%
Cap/Depr(5y)171.07%
Cap/Sales(3y)45.26%
Cap/Sales(5y)42.47%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-47.62%
EPS 3Y-10.8%
EPS 5Y-7.37%
EPS Q2Q%-162.26%
EPS Next Y-10.4%
EPS Next 2Y-3.19%
EPS Next 3Y1.24%
EPS Next 5Y6.27%
Revenue 1Y (TTM)2.54%
Revenue growth 3Y5.66%
Revenue growth 5Y2.85%
Sales Q2Q%1.43%
Revenue Next Year2.18%
Revenue Next 2Y2.22%
Revenue Next 3Y2.6%
Revenue Next 5Y2.07%
EBIT growth 1Y-0.42%
EBIT growth 3Y1.65%
EBIT growth 5Y-0.5%
EBIT Next Year87.68%
EBIT Next 3Y26.19%
EBIT Next 5Y15.57%
FCF growth 1Y118.86%
FCF growth 3YN/A
FCF growth 5Y13.2%
OCF growth 1Y-3.59%
OCF growth 3Y2.9%
OCF growth 5Y0.89%
BXP INC / BXP FAQ
Can you provide the ChartMill fundamental rating for BXP INC?
ChartMill assigns a fundamental rating of 3 / 10 to BXP.
Can you provide the valuation status for BXP INC?
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 4 / 10.
Can you provide the financial health for BXP stock?
The financial health rating of BXP INC (BXP) is 2 / 10.
Can you provide the expected EPS growth for BXP stock?
The Earnings per Share (EPS) of BXP INC (BXP) is expected to decline by -10.4% in the next year.