Boston Properties Inc (BXP)vsVornado Realty Trust (VNO)
BXP
Boston Properties Inc
$52.08
-2.49%
REAL ESTATE · Cap: $9.22B
VNO
Vornado Realty Trust
$25.41
-4.04%
REAL ESTATE · Cap: $5.30B
Smart Verdict
WallStSmart Research — data-driven comparison
Boston Properties Inc generates 69% more annual revenue ($3.15B vs $1.86B). VNO leads profitability with a 48.5% profit margin vs 8.8%. BXP appears more attractively valued with a PEG of 2.00. VNO earns a higher WallStSmart Score of 61/100 (C+).
BXP
Hold47
out of 100
Grade: D+
VNO
Buy61
out of 100
Grade: C+
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
-50.5%
Fair Value
$41.06
Current Price
$52.08
$11.02 premium
Margin of Safety
+84.0%
Fair Value
$188.60
Current Price
$25.41
$163.19 discount
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Reasonable price relative to book value
Attractively priced relative to earnings
Reasonable price relative to book value
Keeps 49 of every $100 in revenue as profit
Earnings expanding 1263.0% YoY
Areas to Watch
Expensive relative to growth rate
Moderate valuation
ROE of 4.9% — below average capital efficiency
Weak financial health signals
Expensive relative to growth rate
Revenue declined 8.1%
Negative free cash flow — burning cash
Distress zone — elevated risk
Comparative Analysis Report
WallStSmart ResearchBull Case : BXP
The strongest argument for BXP centers on Price/Book.
Bull Case : VNO
The strongest argument for VNO centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 48.5% and operating margin at 13.6%.
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.
Bear Case : VNO
The primary concerns for VNO are PEG Ratio, Revenue Growth, Free Cash Flow.
Key Dynamics to Monitor
BXP profiles as a value stock while VNO is a declining play — different risk/reward profiles.
VNO carries more volatility with a beta of 1.53 — expect wider price swings.
VNO is growing revenue faster at -8.1% — sustainability is the question.
BXP generates stronger free cash flow (267M), providing more financial flexibility.
Bottom Line
VNO scores higher overall (61/100 vs 47/100), backed by strong 48.5% margins. 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.
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.
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.
Compare with Other REIT - OFFICE Stocks
Want to dig deeper into these stocks?