WallStSmart

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

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Smart Verdict

WallStSmart Research — data-driven comparison

BXP, Inc. generates 308% more annual revenue ($3.19B vs $782.82M). BXP leads profitability with a 9.3% profit margin vs 1.2%. BXP trades at a lower P/E of 34.5x. BXP earns a higher WallStSmart Score of 53/100 (C-).

BXP

Buy

53

out of 100

Grade: C-

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

OGCP

Hold

39

out of 100

Grade: F

Growth: 3.3Profit: 5.0Value: 4.0Quality: 5.5
Piotroski: 4/9Altman Z: 0.79
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BXPUndervalued (+45.9%)

Margin of Safety

+45.9%

Fair Value

$114.24

Current Price

$63.40

$50.84 discount

UndervaluedFair: $114.24Overvalued

Intrinsic value data unavailable for OGCP.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BXP2 strengths · Avg: 8.0/10
Price/BookValuation
2.0x8/10

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
0.6x10/10

Reasonable price relative to book value

Areas to Watch

BXP4 concerns · Avg: 3.8/10
PEG RatioValuation
2.354/10

Expensive relative to growth rate

P/E RatioValuation
34.5x4/10

Premium valuation, high expectations priced in

Revenue GrowthGrowth
3.7%4/10

3.7% revenue growth

Return on EquityProfitability
5.8%3/10

ROE of 5.8% — below average capital efficiency

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

3.2% revenue growth

Market CapQuality
$1.13B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
3.7%3/10

ROE of 3.7% — below average capital efficiency

Profit MarginProfitability
1.2%3/10

1.2% 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 PEG Ratio, P/E Ratio, Revenue Growth. Debt-to-equity of 3.17 is elevated, increasing financial risk.

Bear Case : OGCP

The primary concerns for OGCP are Revenue Growth, Market Cap, Return on Equity. A P/E of 202.5x leaves little room for execution misses. Thin 1.2% margins leave little buffer for downturns.

Key Dynamics to Monitor

OGCP carries more volatility with a beta of 1.42 — expect wider price swings.

BXP is growing revenue faster at 3.7% — sustainability is the question.

BXP generates stronger free cash flow (97M), providing more financial flexibility.

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

Bottom Line

BXP scores higher overall (53/100 vs 39/100). Both earn "Buy" 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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