WallStSmart

BXP, Inc. (BXP)vsEmpire State Realty OP LP (OGCP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

BXP, Inc. generates 312% more annual revenue ($3.23B vs $782.82M). BXP leads profitability with a 9.2% profit margin vs 4.2%. OGCP trades at a lower P/E of 22.8x. BXP earns a higher WallStSmart Score of 48/100 (D+).

BXP

Hold

48

out of 100

Grade: D+

Growth: 3.3Profit: 6.0Value: 5.3Quality: 2.5
Piotroski: 3/9Altman Z: 0.51

OGCP

Hold

39

out of 100

Grade: F

Growth: 3.3Profit: 5.0Value: 5.3Quality: 5.8
Piotroski: 4/9Altman Z: 0.74
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BXPUndervalued (+47.0%)

Margin of Safety

+47.0%

Fair Value

$116.65

Current Price

$67.49

$49.16 discount

UndervaluedFair: $116.65Overvalued

Intrinsic value data unavailable for OGCP.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BXP2 strengths · Avg: 8.0/10
Price/BookValuation
2.1x8/10

Reasonable price relative to book value

Operating MarginProfitability
28.8%8/10

Strong operational efficiency at 28.8%

OGCP1 strengths · Avg: 10.0/10
Price/BookValuation
0.4x10/10

Reasonable price relative to book value

Areas to Watch

BXP4 concerns · Avg: 3.5/10
P/E RatioValuation
37.7x4/10

Premium valuation, high expectations priced in

Revenue GrowthGrowth
3.8%4/10

3.8% revenue growth

Return on EquityProfitability
6.2%3/10

ROE of 6.2% — below average capital efficiency

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

OGCP4 concerns · Avg: 3.3/10
Revenue GrowthGrowth
3.2%4/10

3.2% revenue growth

Market CapQuality
$1.34B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
3.7%3/10

ROE of 3.7% — below average capital efficiency

Profit MarginProfitability
4.2%3/10

4.2% margin — thin

Comparative Analysis Report

WallStSmart Research

Bull Case : BXP

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

Bull Case : OGCP

The strongest argument for OGCP centers on Price/Book.

Bear Case : BXP

The primary concerns for BXP are P/E Ratio, Revenue Growth, Return on Equity. Debt-to-equity of 3.10 is elevated, increasing financial risk.

Bear Case : OGCP

The primary concerns for OGCP are Revenue Growth, Market Cap, Return on Equity. Thin 4.2% margins leave little buffer for downturns.

Key Dynamics to Monitor

OGCP carries more volatility with a beta of 1.43 — expect wider price swings.

BXP is growing revenue faster at 3.8% — sustainability is the question.

OGCP generates stronger free cash flow (51M), providing more financial flexibility.

Monitor REIT - OFFICE industry trends, competitive dynamics, and regulatory changes.

Bottom Line

BXP scores higher overall (48/100 vs 39/100). Both earn "Hold" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

BXP, 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.

Visit Website →

Empire State Realty OP LP

REAL ESTATE · REIT - OFFICE · USA

Empire State Realty OP, L.P. is a subsidiary of Empire State Realty Trust, Inc.

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