WallStSmart

Boston Properties Inc (BXP)vsCOPT Defense Properties (CDP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Boston Properties Inc generates 311% more annual revenue ($3.15B vs $766.73M). CDP leads profitability with a 19.9% profit margin vs 8.8%. CDP appears more attractively valued with a PEG of 1.03. CDP earns a higher WallStSmart Score of 62/100 (C+).

BXP

Hold

47

out of 100

Grade: D+

Growth: 4.0Profit: 4.0Value: 7.3Quality: 4.0
Piotroski: 3/9Altman Z: 0.51

CDP

Buy

62

out of 100

Grade: C+

Growth: 7.3Profit: 7.5Value: 7.3Quality: 4.5
Piotroski: 4/9Altman Z: 0.41
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BXPSignificantly Overvalued (-50.5%)

Margin of Safety

-50.5%

Fair Value

$41.06

Current Price

$52.08

$11.02 premium

UndervaluedFair: $41.06Overvalued
CDPSignificantly Overvalued (-35.5%)

Margin of Safety

-35.5%

Fair Value

$23.91

Current Price

$31.20

$7.29 premium

UndervaluedFair: $23.91Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BXP1 strengths · Avg: 8.0/10
Price/BookValuation
1.6x8/10

Reasonable price relative to book value

CDP2 strengths · Avg: 8.0/10
Price/BookValuation
2.3x8/10

Reasonable price relative to book value

Operating MarginProfitability
29.6%8/10

Strong operational efficiency at 29.6%

Areas to Watch

BXP4 concerns · Avg: 3.5/10
PEG RatioValuation
2.004/10

Expensive relative to growth rate

P/E RatioValuation
29.9x4/10

Moderate valuation

Return on EquityProfitability
4.9%3/10

ROE of 4.9% — below average capital efficiency

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

CDP1 concerns · Avg: 2.0/10
Altman Z-ScoreHealth
0.412/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : BXP

The strongest argument for BXP centers on Price/Book.

Bull Case : CDP

The strongest argument for CDP centers on Price/Book, Operating Margin. Profitability is solid with margins at 19.9% and operating margin at 29.6%. PEG of 1.03 suggests the stock is reasonably priced for its growth.

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 : CDP

The primary concerns for CDP are Altman Z-Score.

Key Dynamics to Monitor

BXP profiles as a value stock while CDP is a mature play — different risk/reward profiles.

BXP carries more volatility with a beta of 1.03 — expect wider price swings.

CDP is growing revenue faster at 7.6% — sustainability is the question.

BXP generates stronger free cash flow (267M), providing more financial flexibility.

Bottom Line

CDP scores higher overall (62/100 vs 47/100), backed by strong 19.9% 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.

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COPT Defense Properties

REAL ESTATE · REIT - OFFICE · USA

COPT Defense Properties (CDP) is a specialized real estate investment trust (REIT) that focuses on the acquisition, development, and management of properties designed for defense and government contractors. Positioned strategically near key defense installations, CDP is committed to generating stable, long-term cash flows through its diversified portfolio, which is tailored to meet the evolving needs of its tenants. With a disciplined approach to capital allocation and a robust development pipeline, the company aims to enhance shareholder value while supporting the national security infrastructure.

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