Boston Properties Inc (BXP)vsVornado Realty Trust (VNO)
BXP
Boston Properties Inc
$59.43
-0.05%
REAL ESTATE · Cap: $10.53B
VNO
Vornado Realty Trust
$32.16
+0.37%
REAL ESTATE · Cap: $6.56B
Smart Verdict
WallStSmart Research — data-driven comparison
Boston Properties Inc generates 72% more annual revenue ($3.20B vs $1.85B). VNO leads profitability with a 42.9% profit margin vs 9.9%. BXP appears more attractively valued with a PEG of 2.25. BXP earns a higher WallStSmart Score of 65/100 (C+).
BXP
Buy65
out of 100
Grade: C+
VNO
Buy61
out of 100
Grade: C+
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
+55.4%
Fair Value
$138.62
Current Price
$59.43
$79.19 discount
Margin of Safety
+45.8%
Fair Value
$55.79
Current Price
$32.16
$23.63 discount
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Earnings expanding 65.5% YoY
Reasonable price relative to book value
Strong operational efficiency at 29.2%
Attractively priced relative to earnings
Reasonable price relative to book value
Keeps 43 of every $100 in revenue as profit
Earnings expanding 1263.0% YoY
Areas to Watch
Expensive relative to growth rate
Moderate valuation
ROE of 5.5% — below average capital efficiency
Weak financial health signals
Expensive relative to growth rate
Revenue declined 2.2%
Distress zone — elevated risk
Comparative Analysis Report
WallStSmart ResearchBull Case : BXP
The strongest argument for BXP centers on EPS Growth, Price/Book, Operating Margin.
Bull Case : VNO
The strongest argument for VNO centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 42.9% and operating margin at 13.7%.
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, Altman Z-Score.
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 1.54 — expect wider price swings.
BXP is growing revenue faster at 5.6% — sustainability is the question.
VNO generates stronger free cash flow (48M), providing more financial flexibility.
Bottom Line
BXP scores higher overall (65/100 vs 61/100). VNO offers better value entry with a 45.8% margin of safety. Both earn "Buy" and "Buy" 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.
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