WallStSmart

Blackstone Mortgage Trust Inc (BXMT)vsPrologis Inc (PLD)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Prologis Inc generates 1908% more annual revenue ($9.38B vs $466.96M). PLD leads profitability with a 39.7% profit margin vs 22.2%. PLD appears more attractively valued with a PEG of 109.12. PLD earns a higher WallStSmart Score of 63/100 (C+).

BXMT

Buy

56

out of 100

Grade: C

Growth: 6.7Profit: 4.5Value: 5.3Quality: 4.5
Piotroski: 5/9Altman Z: 0.81

PLD

Buy

63

out of 100

Grade: C+

Growth: 8.0Profit: 7.0Value: 5.3Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BXMTUndervalued (+74.7%)

Margin of Safety

+74.7%

Fair Value

$79.16

Current Price

$19.13

$60.03 discount

UndervaluedFair: $79.16Overvalued
PLDUndervalued (+46.8%)

Margin of Safety

+46.8%

Fair Value

$267.33

Current Price

$144.09

$123.24 discount

UndervaluedFair: $267.33Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BXMT3 strengths · Avg: 9.7/10
Price/BookValuation
0.9x10/10

Reasonable price relative to book value

Revenue GrowthGrowth
34.9%10/10

Revenue surging 34.9% year-over-year

Profit MarginProfitability
22.2%9/10

Keeps 22 of every $100 in revenue as profit

PLD6 strengths · Avg: 9.2/10
Profit MarginProfitability
39.7%10/10

Keeps 40 of every $100 in revenue as profit

Operating MarginProfitability
38.5%10/10

Strong operational efficiency at 38.5%

EPS GrowthGrowth
65.2%10/10

Earnings expanding 65.2% YoY

Market CapQuality
$132.66B9/10

Large-cap with strong market position

Price/BookValuation
2.5x8/10

Reasonable price relative to book value

Free Cash FlowQuality
$1.14B8/10

Generating 1.1B in free cash flow

Areas to Watch

BXMT4 concerns · Avg: 2.8/10
P/E RatioValuation
31.9x4/10

Premium valuation, high expectations priced in

Return on EquityProfitability
2.9%3/10

ROE of 2.9% — below average capital efficiency

PEG RatioValuation
254.802/10

Expensive relative to growth rate

Altman Z-ScoreHealth
0.812/10

Distress zone — elevated risk

PLD3 concerns · Avg: 3.0/10
P/E RatioValuation
35.8x4/10

Premium valuation, high expectations priced in

Return on EquityProfitability
6.8%3/10

ROE of 6.8% — below average capital efficiency

PEG RatioValuation
109.122/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : BXMT

The strongest argument for BXMT centers on Price/Book, Revenue Growth, Profit Margin. Profitability is solid with margins at 22.2% and operating margin at -6.1%. Revenue growth of 34.9% demonstrates continued momentum.

Bull Case : PLD

The strongest argument for PLD centers on Profit Margin, Operating Margin, EPS Growth. Profitability is solid with margins at 39.7% and operating margin at 38.5%.

Bear Case : BXMT

The primary concerns for BXMT are P/E Ratio, Return on Equity, PEG Ratio.

Bear Case : PLD

The primary concerns for PLD are P/E Ratio, Return on Equity, PEG Ratio.

Key Dynamics to Monitor

BXMT profiles as a growth stock while PLD is a mature play — different risk/reward profiles.

PLD carries more volatility with a beta of 1.35 — expect wider price swings.

BXMT is growing revenue faster at 34.9% — sustainability is the question.

PLD generates stronger free cash flow (1.1B), providing more financial flexibility.

Bottom Line

PLD scores higher overall (63/100 vs 56/100), backed by strong 39.7% margins. BXMT offers better value entry with a 74.7% 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.

Blackstone Mortgage Trust Inc

REAL ESTATE · REIT - MORTGAGE · USA

Blackstone Mortgage Trust, Inc., a real estate financing company, originates senior secured commercial property loans in North America, Europe and Australia. The company is headquartered in New York, New York.

Prologis Inc

REAL ESTATE · REIT - INDUSTRIAL · USA

Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities, with a focus on the consumption side of the global supply chain.

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