BXP, Inc. (BXP)vsVornado Realty Trust (VNO)
BXP
BXP, Inc.
$64.31
+0.28%
REAL ESTATE · Cap: $11.60B
VNO
Vornado Realty Trust
$35.28
-0.84%
REAL ESTATE · Cap: $7.05B
Smart Verdict
WallStSmart Research — data-driven comparison
BXP, Inc. generates 70% more annual revenue ($3.19B vs $1.88B). BXP leads profitability with a 9.3% profit margin vs 3.6%. VNO appears more attractively valued with a PEG of 2.20. BXP earns a higher WallStSmart Score of 53/100 (C-).
BXP
Buy53
out of 100
Grade: C-
VNO
Hold43
out of 100
Grade: D
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
+45.9%
Fair Value
$114.24
Current Price
$64.31
$49.93 discount
Margin of Safety
+34.2%
Fair Value
$45.97
Current Price
$35.28
$10.69 discount
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Reasonable price relative to book value
Strong operational efficiency at 28.8%
Reasonable price relative to book value
Areas to Watch
Expensive relative to growth rate
Premium valuation, high expectations priced in
3.7% revenue growth
ROE of 5.8% — below average capital efficiency
Expensive relative to growth rate
3.6% margin — thin
Elevated debt levels
Premium valuation, high expectations priced in
Comparative Analysis Report
WallStSmart ResearchBull Case : BXP
The strongest argument for BXP centers on Price/Book, Operating Margin.
Bull Case : VNO
The strongest argument for VNO 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 : VNO
The primary concerns for VNO are PEG Ratio, Profit Margin, Debt/Equity. A P/E of 1186.0x leaves little room for execution misses. Debt-to-equity of 1.57 is elevated, increasing financial risk.
Key Dynamics to Monitor
VNO carries more volatility with a beta of 1.54 — expect wider price swings.
VNO is growing revenue faster at 5.0% — 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 43/100). VNO offers better value entry with a 34.2% margin of safety. 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 →Vornado Realty Trust
REAL ESTATE · REIT - OFFICE · USA
Vornado Realty Trust is a real estate investment trust formed in Maryland, with its primary office in New York City. The company invests in office buildings and street retail in Manhattan.
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