WallStSmart

Alexandria Real Estate Equities Inc (ARE)vsBoston Properties Inc (BXP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Boston Properties Inc generates 9% more annual revenue ($3.20B vs $2.93B). BXP leads profitability with a 9.9% profit margin vs -36.1%. BXP appears more attractively valued with a PEG of 2.25. BXP earns a higher WallStSmart Score of 65/100 (C+).

ARE

Buy

51

out of 100

Grade: C-

Growth: 5.3Profit: 4.0Value: 5.7Quality: 4.8
Piotroski: 5/9

BXP

Buy

65

out of 100

Grade: C+

Growth: 6.7Profit: 6.0Value: 6.7Quality: 4.0
Piotroski: 3/9Altman Z: 0.51
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AREUndervalued (+59.5%)

Margin of Safety

+59.5%

Fair Value

$132.62

Current Price

$46.26

$86.36 discount

UndervaluedFair: $132.62Overvalued
BXPUndervalued (+55.4%)

Margin of Safety

+55.4%

Fair Value

$138.62

Current Price

$59.43

$79.19 discount

UndervaluedFair: $138.62Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ARE2 strengths · Avg: 10.0/10
Price/BookValuation
0.5x10/10

Reasonable price relative to book value

EPS GrowthGrowth
648.0%10/10

Earnings expanding 648.0% YoY

BXP3 strengths · Avg: 8.7/10
EPS GrowthGrowth
65.5%10/10

Earnings expanding 65.5% YoY

Price/BookValuation
1.8x8/10

Reasonable price relative to book value

Operating MarginProfitability
29.2%8/10

Strong operational efficiency at 29.2%

Areas to Watch

ARE4 concerns · Avg: 1.8/10
PEG RatioValuation
3.242/10

Expensive relative to growth rate

Return on EquityProfitability
-4.1%2/10

ROE of -4.1% — below average capital efficiency

Revenue GrowthGrowth
-11.5%2/10

Revenue declined 11.5%

Profit MarginProfitability
-36.1%1/10

Currently unprofitable

BXP4 concerns · Avg: 3.5/10
PEG RatioValuation
2.254/10

Expensive relative to growth rate

P/E RatioValuation
29.9x4/10

Moderate valuation

Return on EquityProfitability
5.5%3/10

ROE of 5.5% — below average capital efficiency

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : ARE

The strongest argument for ARE centers on Price/Book, EPS Growth.

Bull Case : BXP

The strongest argument for BXP centers on EPS Growth, Price/Book, Operating Margin.

Bear Case : ARE

The primary concerns for ARE are PEG Ratio, Return on Equity, Revenue Growth.

Bear Case : BXP

The primary concerns for BXP are PEG Ratio, P/E Ratio, Return on Equity. Debt-to-equity of 3.37 is elevated, increasing financial risk.

Key Dynamics to Monitor

ARE profiles as a turnaround stock while BXP is a value play — different risk/reward profiles.

ARE carries more volatility with a beta of 1.14 — expect wider price swings.

BXP is growing revenue faster at 5.6% — sustainability is the question.

ARE generates stronger free cash flow (197M), providing more financial flexibility.

Bottom Line

BXP scores higher overall (65/100 vs 51/100). ARE offers better value entry with a 59.5% margin of safety. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Alexandria Real Estate Equities Inc

REAL ESTATE · REIT - OFFICE · USA

Alexandria Real Estate Equities, Inc. is an American real estate investment trust that invests in office buildings and laboratories leased to tenants in the life science and technology industries.

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Boston Properties Inc

REAL ESTATE · REIT - OFFICE · USA

Boston Properties, Inc. is a publicly traded real estate investment trust that invests in office buildings in Boston, Los Angeles, New York City, San Francisco, and Washington, D.C.

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